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House Prices in IP26 House Prices in IP26 (Thetford)

The average house price in IP26 (Thetford) is £244,727 using HM Land Registry data.

The average property price increased by £72,914 (21.65%) over the last 5 years and increased by £14,606 (3.37%) over the last 12 months.

Over the last year, there were 99 residential property sales – a decrease of 29 transactions (-29.29%) relative to the previous year. The majority of house sales (28) were in the £214,000 - £268,000 range. Then came properties in the £160,000 - £214,000 range, where 20 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 175 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,708 (-2%).

In January 2025, there were 19 new estate agency instructions, 17 agreed home sales and 12 property price reductions.

Nearby Postcodes: CB6, CB7, IP22, IP24, IP25, IP27, IP28, IP31, NR16, NR17, NR19, NR9, PE14, PE30, PE32, PE33, PE34, PE37, PE38

5-Year Average Property Prices in IP26 (Thetford)

21.65%

Property prices in IP26 (Thetford) increased by 21.65% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in IP26 (Thetford) Over the Last Year

3.37%

Property prices in IP26 (Thetford) increased by 3.37% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for IP26 (Thetford) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in IP26 (Thetford)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in IP26 (Thetford)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in IP26 (Thetford)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the IP26 (Thetford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the IP26 postcode area since 1995.

Recent Sales in IP26 (Thetford)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Gordon Fuller Close, Brookville, Thetford, Norfolk, IP26 4RP£375,000£375,000£028 Feb 202413 Dec 2024289 Days
26 College Road, Hockwold, Thetford, Norfolk, IP26 4LE£250,000£246,000-£4,00012 Aug 202429 Nov 2024109 Days
54 The Lammas, Mundford, Thetford, Norfolk, IP26 5DT£250,000£250,000£001 Aug 202428 Nov 2024119 Days
39a, Ashburton Road, Ickburgh, Thetford, Norfolk, IP26 5JA£325,000£317,500-£7,50008 May 202426 Nov 2024202 Days
10 Lamberts Close, Feltwell, Thetford, Norfolk, IP26 4DQ£200,000£200,000£013 Aug 202422 Nov 2024101 Days
1 Ventura Close, Methwold, Thetford, Norfolk, IP26 4QQ£220,000£215,000-£5,00017 May 202411 Nov 2024178 Days
10 White Road, Methwold, Thetford, Norfolk, IP26 4PA£120,000£113,000-£7,00018 Jul 202406 Nov 2024111 Days
25 Wilton Road, Feltwell, Thetford, Norfolk, IP26 4AY£350,000£345,000-£5,00023 Apr 202428 Oct 2024188 Days
7 Saxon Walk, Mundford, Thetford, Norfolk, IP26 5JT£250,000£240,000-£10,00019 Apr 202425 Oct 2024189 Days
9 College Road, Hockwold, Thetford, Norfolk, IP26 4LD£315,000£302,000-£13,00010 Apr 202407 Oct 2024180 Days
9 Malts Lane, Hockwold, Thetford, Norfolk, IP26 4LA£240,000£238,000-£2,00005 Jun 202404 Oct 2024121 Days
3 Crown Road, Mundford, Thetford, Norfolk, IP26 5HQ£575,000£565,000-£10,00026 Dec 202303 Oct 2024282 Days
42 Old Feltwell Road, Methwold, Thetford, Norfolk, IP26 4PW£280,000£280,000£030 Aug 202430 Sep 202431 Days
64 Lodge Road, Feltwell, Thetford, Norfolk, IP26 4DL£300,000£300,000£003 May 202420 Sep 2024140 Days
1 Archers Avenue, Feltwell, Thetford, Norfolk, IP26 4BY£265,000£265,000£009 May 202420 Sep 2024134 Days
1 Munsons Place, Feltwell, Thetford, Norfolk, IP26 4DF£270,000£269,500-£50024 Apr 202417 Sep 2024146 Days
7 Short Beck, Feltwell, Thetford, Norfolk, IP26 4AD£195,000£182,500-£12,50016 Apr 202417 Sep 2024154 Days
8 St Nicholas Drive, Feltwell, Thetford, Norfolk, IP26 4DW£200,000£195,000-£5,00030 Jan 202113 Sep 20241322 Days
39 Glebe Close, Northwold, Thetford, Norfolk, IP26 5NL£170,000£163,000-£7,00001 Jul 202413 Sep 202474 Days
12 Bracken Rise, Mundford, Thetford, Norfolk, IP26 5JS£299,950£295,000-£4,95016 May 202430 Aug 2024106 Days

Most Expensive Streets in IP26 (Thetford)

PostcodeStreetAreaAverageNo. of Sales
IP26 5JEAscot Drive, IckburghThetford£591,8758
IP26 5JBDuvernay Croft, IckburghThetford£569,5004
IP26 5HBFoulden Road, IckburghThetford£565,6663
IP26 5AWWhite Hart Street, FouldenThetford£543,3333
IP26 5LSThetford Road, NorthwoldThetford£540,8333
IP26 5ETLynfordThetford£444,1663
IP26 4DLLodge Road, FeltwellThetford£441,5008
IP26 5JAAshburton Road, IckburghThetford£437,29112
IP26 5HQCrown Road, MundfordThetford£435,8333
IP26 4PLSt Georges Court, MethwoldThetford£426,6663

Least Expensive Streets in IP26 (Thetford)

PostcodeStreetAreaAverageNo. of Sales
IP26 5AZJenson Close, MundfordThetford£125,0004
IP26 4ANThe Oaks, Oak Street, FeltwellThetford£160,5003
IP26 5DLBilly Emms Court, MundfordThetford£173,5605
IP26 5NLGlebe Close, NorthwoldThetford£189,3333
IP26 4BUCurtis Drive, FeltwellThetford£191,1663
IP26 4PEStoke Road, MethwoldThetford£191,3254
IP26 4DPEast Hall Bungalows, FeltwellThetford£193,34112
IP26 4DEMunsons Lane, FeltwellThetford£197,5004
IP26 4PXHythe Road, MethwoldThetford£206,0006
IP26 5EEFir Close, MundfordThetford£206,3339

Explore IP26 (Thetford) using map

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