Housing Market Analysis for FARADAY PLACE, IP24 3RG

Are you looking to understand IP24 3RG house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Breckland postcode.

For the location information and nearby amenities in the IP24 3RG area, explore the IP24 3RG Area information page.
For comprehensive crime statistics in the IP24 3RG area, explore the IP24 3RG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP24 3RG postcode area, The average prices are as follows,

  • Other
    • The average price is around £150,000 median price is £120,000 Standard Deviation is £51,316 with Total Sold: 6
    • The Last 5 Year average price is £220,000 with Total Sold: 2
    • The most recent sale happened at this postcode is A C C DISTRIBUTION FARADAY PLACE: £240,000 (Sold on 25 Mar 2024)
    • The first recorded sale happened at this postcode is UNIT 4 FARADAY PLACE: £100,000 (Sold on 17 Mar 2017)
  • Terraced
    • The average price is around £100,000 median price is £100,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 4 FARADAY PLACE: £100,000 (Sold on 31 Mar 2009)
    • The first recorded sale happened at this postcode is UNIT 4 FARADAY PLACE: £100,000 (Sold on 31 Mar 2009)

Sold Price Trend Over the Years:

Below table and chart gives the average IP24 3RG house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£240,0001
2021£200,0001
2018£120,0002
2017£110,0002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£100,0001

All the Sales in the FARADAY PLACE, IP24 3RG

See the table below for more details on the sold house prices in the IP24 3RG, Breckland postcode.

AddressSold DatePrice% Change
A C C DISTRIBUTION FARADAY PLACEOther, Freehold25 Mar 2024£240,000First Sale
UNIT 7 FARADAY PLACEOther, Freehold23 Dec 2021£200,00066.67%
04 Jun 2018£120,000First Sale
UNIT 14 FARADAY PLACEOther, Freehold27 Mar 2018£120,000First Sale
UNIT 6 FARADAY PLACEOther, Freehold07 Jun 2017£120,000First Sale
UNIT 4 FARADAY PLACEOther, Freehold17 Mar 2017£100,0000.0
31 Mar 2009£100,000First Sale

Check out the sold house prices near the IP24 3RG postcode. Properties currently for saleProperties currently for rent

FARADAY PLACE, IP24 3RG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP24 3RG postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the IP24 3RG postcode.

  • Terraced
    • The average price is around £91,907 median price is £94,000 Standard Deviation is £46,949 with Total Sold: 911
    • The Last 5 Year average price is £158,816 with Total Sold: 131
    • The most recent sale happened at this postcode is , 75 FIR ROAD: £195,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 53 FIR ROAD: £23,000 (Sold on 18 Jan 1995)
  • Other
    • The average price is around £1,557,770 median price is £250,000 Standard Deviation is £4,559,038 with Total Sold: 21
    • The Last 5 Year average price is £723,833 with Total Sold: 11
    • The most recent sale happened at this postcode is , AMCOR BURRELL WAY: £2,300,000 (Sold on 05 Jun 2024)
    • The first recorded sale happened at this postcode is , WOODLANDS RESIDENTIAL HOME ELM ROAD: £1,000,000 (Sold on 24 Jun 2014)
  • Semi-Detached
    • The average price is around £87,833 median price is £85,000 Standard Deviation is £50,247 with Total Sold: 123
    • The Last 5 Year average price is £164,281 with Total Sold: 16
    • The most recent sale happened at this postcode is , 52 FULMERSTON ROAD: £240,000 (Sold on 13 May 2024)
    • The first recorded sale happened at this postcode is , 140 ST MARTINS WAY: £36,000 (Sold on 20 Feb 1995)
  • Flat
    • The average price is around £46,031 median price is £37,750 Standard Deviation is £31,638 with Total Sold: 8
    • The Last 5 Year average price is £105,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 175 ST MARTINS WAY: £105,000 (Sold on 10 May 2023)
    • The first recorded sale happened at this postcode is , 166 ST MARTINS WAY: £19,500 (Sold on 02 Dec 1996)
  • Detached
    • The average price is around £100,327 median price is £97,000 Standard Deviation is £54,107 with Total Sold: 24
    • The Last 5 Year average price is £176,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , 12 JUBILEE CLOSE: £212,500 (Sold on 08 Dec 2020)
    • The first recorded sale happened at this postcode is , 66 FIR ROAD: £36,000 (Sold on 25 Apr 1997)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£171,125 £2,123 12
2023£175,556 £2,080 27
2022£166,265 £1,971 23
2021£149,960 £1,715 25
2020£147,604 £1,742 24
2019£144,792 £1,727 20
2018£148,383 £1,731 29
2017£143,503 £1,699 30
2016£135,150 £1,627 30
2015£125,256 £1,456 27
2014£113,111 £1,332 31
2013£94,722 £1,101 22
2012£95,865 £1,028 17
2011£93,958 £1,056 12
2010£98,212 £1,202 20
2009£90,917 £1,036 18
2008£108,421 £1,243 14
2007£114,308 £1,393 50
2006£104,253 £1,170 42
2005£90,983 £1,108 52
2004£81,654 £915 41
2003£69,362 £888 46
2002£60,190 £717 49
2001£43,845 £546 45
2000£43,928 £515 39
1999£35,451 £412 41
1998£33,436 £399 36
1997£31,346 £369 32
1996£30,931 £362 36
1995£30,404 £355 21
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,270,0002
2022£180,0001
2021£663,0002
2020£1,054,9121
2019£572,2505
2018£120,0002
2017£7,340,0003
2016£650,0001
2015£280,3333
2014£1,000,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£182,5002
2023£158,917 £2,054 6
2021£170,000 £1,819 3
2020£167,500 £1,894 2
2019£155,000 £1,727 3
2018£155,500 £1,757 2
2017£157,000 £2,049 2
2016£150,000 £1,575 4
2015£127,500 £1,470 2
2014£122,500 £1,414 2
2013£113,333 £1,367 3
2012£90,700 £978 5
2011£97,500 £1,127 1
2010£123,500 £1,744 4
2009£96,500 £1,585 2
2008£103,000 £1,065 3
2007£108,912 £1,406 6
2006£104,417 £1,213 6
2005£98,983 £1,114 3
2004£82,812 £1,057 8
2003£67,650 £950 6
2002£57,277 £773 9
2001£50,233 £661 3
2000£43,917 £564 6
1999£36,900 £417 6
1998£34,800 £412 10
1997£28,608 £340 4
1996£32,000 £379 5
1995£28,820 £274 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£105,000 £2,283 1
2007£77,250 £1,839 1
2005£60,500 £1,440 1
2003£36,500 £1,196 2
1999£20,5001
1998£12,5001
1996£19,500 £464 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£212,500 £2,560 1
2019£141,000 £1,464 1
2017£180,000 £1,733 1
2014£150,750 £1,202 2
2009£112,000 £1,931 1
2008£144,000 £1,674 1
2007£149,500 £1,411 3
2005£94,000 £979 1
2004£100,000 £877 1
2002£68,900 £603 6
2001£64,9501
2000£38,000 £576 1
1999£44,500 £390 1
1998£38,750 £449 2
1997£36,000 £316 1

House Type in IP24 3RG area

The most common house types in the IP24 3RG postcode area are Terraced (69), Semi-detached (30), and Flat (23).

Total133
Terraced69
Semi-detached30
Flat23
Detached8
commercial building2
Shared house1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (49), and Private rented: Private landlord or letting agency (31).

Social rented: Other social rented49
Private rented: Private landlord or letting agency31
Owned: Owns with a mortgage or loan26
Social rented: Rents from council or Local Authority15
Owned: Owns outright11
Private rented: Other private rented1
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the IP24 3RG have 1 person in household (44), and 2 people in household (40).

1 person in household44
2 people in household40
3 people in household29
4 people in household11
5 people in household7
7 people in household4
6 people in household1
0 people in household0
8 or more people in household0