IP24, Thetford house prices & rental yield

Postcode district in Thetford, part of the IP postcode area

General / family area · 39.7km from The University of East Anglia

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Looking for a property valuation in IP24? The average asking price above is a guide for the area as a whole, not a valuation of your specific property — a local estate agent or RICS surveyor can give you an accurate figure for that.

Average asking price
£232k
UK avg £340k
Average rent (pcm)
£1,175
UK avg £1,275
Gross rental yield
6.1%
35% above UK avg
Net yield (estimated)
4.5%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-08)
154
50% above UK avg
Short-term let activity (Breckland)
#132 of 318

Summary

IP24 has a gross rental yield of 6.1%, 35% above the UK average, ranking #3 of 30 IP postcode districts by yield.

Gross yield trend

+0.9pp since Jul
Jul: 6.3% 6.3% Jul Aug: 7.1% 7.1% Aug Sep: 7.4% 7.4% Sep Oct: 7.1% 7.1% Oct

Buy-to-let calculator

Stamp Duty (SDLT)—
Deposit required—
Mortgage payment (monthly)—
Letting agent fee (monthly)—
Est. net monthly cashflow—

Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.

IP24 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
Studio — £754 — 0 / 2
1 £140k £850 7.3% 6 / 6
2 £170k £1,000 7.1% 35 / 10
3 £220k £1,450 7.9% 77 / 9
4 £375k £1,500 4.8% 31 / 5
5+ £440k £1,900 — 13 / 1

Nearby IP postcode districts, by yield

DistrictAvg buyAvg rentYield
IP27 £230k £1,392 7.3% Compare
IP16 £269k £1,500 6.7% Compare
IP28 £286k £1,388 5.8% Compare
IP32 £290k £1,390 5.8% Compare
IP8 £328k £1,550 5.7% Compare
IP33 £270k £1,250 5.6% Compare
IP26 £325k £1,415 5.2% Compare
IP19 £350k £1,475 5.1% Compare
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