# IP24 Thetford Thetford's property market shows modest performance metrics relative to national standards, scoring 47.1 out of 100 in trajectory assessment and placing in the 32nd percentile nationally. Over the past five years, capital appreciation has been limited at 1.0% compound annual growth rate, whilst rental yields have expanded more substantially at 4.8% CAGR, suggesting stronger investor interest in the lettings market than owner-occupier capital gains. Population growth of 1.0% over the same period reflects limited demographic expansion in the area. The district currently exhibits latent gentrification characteristics, indicating no significant development activity or neighbourhood transformation underway at present. These indicators present a market characterised by stability rather than dynamic growth, with rental income opportunities outpacing property value appreciation.
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See plans from £20/moKey signals
- 1Property prices up 0.5% over 5 years (5yr CAGR)
- 2Rents growing at 4.8% per year
- 3Population growing at 1.0% per year
Nearby districts
What's changing in Thetford · June 2026
The trajectory score moved down 2.2 points this month to 45/100, driven mainly by safety.
3 planning applications submitted in IP24 over the last six months.
- Trees in a conservation area notification - one Ash (T1 on plan) fellJun 2026 · pending
- Trees in a conservation area notification - one Silver Birch, one White Beam, one Beech, one Oak, one Alder, one Sycamore, one Purple Maple and three Ash (marked on plan) fell and seven Cherry crown lift by four metresJun 2026 · pending
- Trees in a conservation area notification - one Ash (T1 on plan) remove lowest stem over garden orientated to the west, two Hawthorn (within G1 on plan) coppice to ground level, one Privet hedge (H1 on plan) cut back to previous pruning points, one Lilac hedge (H2 on plan) remove long elongated branches by up to two metres, one multi stemmed Willow (T2 on plan) re-coppice, one Oak (T3 on plan) remove largest dead limbs only, within falling distance of the garden and trackway onlyJan 2026 · Decided
Thetford (IP24) common questions
Is Thetford up and coming?
Thetford (IP24) has a trajectory score of 45/100 (Average), placing it in the top 77% of postcode districts in England and Wales. The score is down 3.7 points over the last 12 months. The score combines price momentum, demand, transformation, economy, safety and risk signals from public data, updated monthly.
Is Thetford safe?
Thetford has a safety score of 51/100 on Praesago's index, based on police.uk recorded crime data.
What is the average house price in Thetford?
The average property price in Thetford (IP24) is £234k as of January 2026, based on UK House Price Index data. Prices have grown at 0.5% per year over the last five years.
What is the average rent in Thetford?
The median monthly rent in Thetford (IP24) is £1,159 (2026), based on ONS private rental data.
Which areas are near Thetford?
Neighbouring postcode districts include Swaffham (PE37), King'S Lynn (PE32), Walsingham (NR22), King'S Lynn (PE31), Peterborough (PE35). Each has its own monthly data page on Praesago.
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Disclaimer: Praesago provides data analytics and market intelligence. Nothing on this platform constitutes financial advice, investment advice, or a personal recommendation. Property values can fall as well as rise. Past performance does not predict future results. Seek independent financial and legal advice before making property investment decisions.