St. Martins Way - IP24 3PY
Key Postcode Insights
IP24 3PY is a residential postcode situated on St. Martins Way, Thetford, IP24 with 28 addresses.
It ranks as the 587th largest and 157th most expensive of the 734 postcodes in the IP24 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 houses.
- Ave. Sale Price
- £162,134
- 10 Year change
- up 21.9%
- Ave. Rental Price
- £999pcm
- 10 Year change
- up 44.3%
- Ave. £ per ft²
- £171/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Key Postcode Insights
IP24 3PY is a residential postcode situated on St. Martins Way, Thetford, IP24 with 28 addresses.
It ranks as the 587th largest and 157th most expensive of the 734 postcodes in the IP24 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 houses.
- Ave. Sale Price
- £162,134
- 10 Year change
- up 21.9%
- Ave. Rental Price
- £999pcm
- 10 Year change
- up 44.3%
- Ave. £ per ft²
- £171/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Explore Propertiesin IP24 3PY
- 27 St. Martins Way
3 Bed Mid-century House
- 28 St. Martins Way
3 Bed Mid-century House
- 29 St. Martins Way
3 Bed Mid-century House
- 30 St. Martins Way
3 Bed Mid-century House
- 31 St. Martins Way
3 Bed Mid-century House
Sales Market Trends
The last sale in IP24 3PY sold for £136,000 on 11th December 2024. Since then prices are down an average of 4.0%.
The current average value in the postcode is £162,134.
The IP24 3PY Sales Market has increased by 21.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.5% | £162,134 |
| June 2025 | 0.3% | £167,969 |
| June 2024 | -3.5% | £167,384 |
| June 2023 | 0% | £173,450 |
| June 2022 | 12.7% | £173,387 |
| June 2021 | 6.3% | £153,820 |
| June 2020 | 0.4% | £144,758 |
| June 2019 | 0.7% | £144,115 |
| June 2018 | 3.4% | £143,115 |
| June 2017 | 4.1% | £138,356 |
| June 2016 | 9.3% | £132,970 |
| June 2015 | 9.6% | £121,641 |
| June 2014 | 12.4% | £110,970 |
| June 2013 | 0.9% | £98,757 |
| June 2012 | 1.4% | £97,889 |
| June 2011 | -1.4% | £96,507 |
| June 2010 | 7.1% | £97,876 |
| June 2009 | -16.3% | £91,368 |
| June 2008 | -3.6% | £109,180 |
| June 2007 | 0% | £113,307 |
Rental Market Trends
The current average rental value in the postcode is £999.
The IP24 3PY Rental Market has increased by 44.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £999pcm |
| June 2025 | 5.2% | £968pcm |
| June 2024 | 2.9% | £920pcm |
| June 2023 | 3.5% | £893pcm |
| June 2022 | 8.4% | £863pcm |
| June 2021 | 6.4% | £797pcm |
| June 2020 | 0.4% | £749pcm |
| June 2019 | 0.1% | £746pcm |
| June 2018 | 3.9% | £745pcm |
| June 2017 | 3.6% | £717pcm |
| June 2016 | 2.9% | £692pcm |
| June 2015 | 5.6% | £673pcm |
| June 2014 | 8.4% | £637pcm |
| June 2013 | 3.4% | £587pcm |
| June 2012 | -1.1% | £568pcm |
| June 2011 | 7.1% | £575pcm |
| June 2010 | 2.3% | £536pcm |
| June 2009 | -10.5% | £524pcm |
| June 2008 | 0.5% | £586pcm |
| June 2007 | 0% | £583pcm |
Sales History
The last sale was on 11th December 2024 for £136,000 and since then the market in the area has decreased by 4.0%. The postcode has had a total of 37 sales since 1995.
IP24 3PY has seen 6 sales in the last three years and no sales in the last twelve months.
- Sold Dec 2024£136,000 | 3 Bed House32, St. Martins Way, Thetford, IP24 3PY32, St. Martins Way, Thetford, IP24 3PY
- Sold Oct 2024£95,000 | 3 Bed House32, St. Martins Way, Thetford, IP24 3PY32, St. Martins Way, Thetford, IP24 3PY
- Sold Nov 2023£205,000 | 3 Bed House49, St. Martins Way, Thetford, IP24 3PY49, St. Martins Way, Thetford, IP24 3PY
- Sold Oct 2023£110,000 | 3 Bed House38, St. Martins Way, Thetford, IP24 3PY38, St. Martins Way, Thetford, IP24 3PY
- Sold Aug 2023£102,000 | 3 Bed House38, St. Martins Way, Thetford, IP24 3PY38, St. Martins Way, Thetford, IP24 3PY
Nearby Postcodes
IP24 3PY is the 587th largest and the 157th most expensive postcode out of the 734 postcodes in the IP24 area.
- IP24 3PU, St. Martins Way, Thetford, IP24IP24 3PU1 Addresses|70 m away
- IP24 3PX, St. Martins Way, Thetford, IP24IP24 3PX26 Addresses|82 m away
- IP24 3QR, Jubilee Close, Thetford, IP24IP24 3QR15 Addresses|88 m away
- IP24 3PZ, St. Martins Way, Thetford, IP24IP24 3PZ28 Addresses|99 m away
- IP24 3QA, St. Martins Way, Thetford, IP24IP24 3QA26 Addresses|130 m away
Property Types
- 18 mid-century houses built between 1936 and 1979
- 10 other addresses of unknown type
- mid-century house (18)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (9)
- G (0)
- D (7)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Nov 2023£205,000 | 3 Bed House49, St. Martins Way, Thetford, IP24 3PY49, St. Martins Way, Thetford, IP24 3PY
- Sold Jan 2026£200,000 | 3 Bed House184, St. Martins Way, Thetford, IP24 3QF184, St. Martins Way, Thetford, IP24 3QF
- Sold Nov 2023£195,000 | 3 Bed House150, St. Martins Way, Thetford, IP24 3QD150, St. Martins Way, Thetford, IP24 3QD
Schools Nearby
- Redcastle Family School100 m away
- Queensway Junior Academy600 m away
- Queensway Infant Academy600 m away
- The Thetford Academy2.4 km away
- Breckland School9.6 km away
- Ixworth High School14.0 km away
More reading links
Public Transport Nearby
The closest station to IP24 3PY is Thetford station, which is 1.2 kilometres away.
- Thetford|1.2 km away
- Brandon|9.0 km away
- Harling Road|12.7 km away
- Lakenheath|14.3 km away