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Gloucester Way is a residential street with 156 addresses.
It ranks as the 483rd largest and 40th most expensive of the 485 streets in the IP24 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 156 properties: 100 houses and 56 flats.
Gloucester Way is a residential street with 156 addresses.
It ranks as the 483rd largest and 40th most expensive of the 485 streets in the IP24 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 156 properties: 100 houses and 56 flats.
Sale prices range from £100,021 for 2 bedroom leasehold flats (516 ft2) to £209,997 for 3 bedroom freehold houses with a garden (871 ft2) .
Monthly rental prices range from £619 pcm for 2 bed flats to £1,163 pcm for 3 bed houses.
The gross rental yield is between 6.6% and 7.4%.
The average value per square foot is £159.
The last sale on Gloucester Way sold for £105,000 on 21st March 2024. Since then prices are down an average of 4.4%.
The current average value in the street is £128,933.
The Gloucester Way Sales Market has increased by 20.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.7% | £128,933 |
| May 2025 | -0.8% | £131,102 |
| May 2024 | -3.2% | £132,111 |
| May 2023 | 0.7% | £136,470 |
| May 2022 | 12.2% | £135,558 |
| May 2021 | 4.6% | £120,844 |
| May 2020 | 0.8% | £115,574 |
| May 2019 | 0.1% | £114,614 |
| May 2018 | 3.1% | £114,459 |
| May 2017 | 4.1% | £110,996 |
| May 2016 | 8.2% | £106,604 |
| May 2015 | 9.9% | £98,506 |
| May 2014 | 11.4% | £89,639 |
| May 2013 | 0.1% | £80,430 |
| May 2012 | 0.1% | £80,329 |
| May 2011 | 0.2% | £80,258 |
| May 2010 | 4.1% | £80,096 |
| May 2009 | -17.2% | £76,930 |
| May 2008 | -1.6% | £92,930 |
| May 2007 | 0% | £94,472 |
The current average rental value in the street is £785.
The Gloucester Way Rental Market has increased by 39.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.9% | £785pcm |
| May 2025 | 4.5% | £755pcm |
| May 2024 | 3.5% | £722pcm |
| May 2023 | 3.2% | £698pcm |
| May 2022 | 7.8% | £676pcm |
| May 2021 | 5.2% | £628pcm |
| May 2020 | 0.7% | £596pcm |
| May 2019 | -0.2% | £592pcm |
| May 2018 | 3.1% | £593pcm |
| May 2017 | 2.4% | £575pcm |
| May 2016 | 3.6% | £562pcm |
| May 2015 | 5.3% | £542pcm |
| May 2014 | 6.7% | £515pcm |
| May 2013 | 3.5% | £482pcm |
| May 2012 | -1.8% | £466pcm |
| May 2011 | 7.8% | £475pcm |
| May 2010 | 0.2% | £440pcm |
| May 2009 | -10.5% | £440pcm |
| May 2008 | 0.7% | £491pcm |
| May 2007 | 0% | £488pcm |
The last sale was on 21st March 2024 for £105,000 and since then the market in the area has decreased by 4.4%. The street has had a total of 89 sales since 1995.
Gloucester Way, Thetford, IP24 has seen 2 sales in the last three years and no sales in the last twelve months.
Gloucester Way, Thetford, IP24 is the 483rd largest and the 40th most expensive street in the IP24 area.
There are 3 postcodes on Gloucester Way, Thetford, IP24.
The closest station to Gloucester Way, Thetford, IP24 is Thetford station which is 800 metres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Gloucester Way, Thetford, IP24, 73.9% of property is socially rented and 10.8% is privately rented.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Gloucester Way, Thetford, IP24, 31.0% of residents are recorded as possessing school level qualifications and 13.1% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Gloucester Way, Thetford, IP24, the average age was 36.5 and the most common age was 7.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Gloucester Way, Thetford, IP24, 0.3% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Gloucester Way, Thetford, IP24, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.