Key indicators for buyers
The IP24 market is moderately favourable for buyers. Prices are rising at 16.4%, which may favour acting sooner rather than later. Affordability has improved from a peak of 9.5x in 2021 to 7.9x today. Rising rents (£905/mo, +5.9%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Breckland area
A home in Breckland costs 7.9x the local median salary — moderate, improving from a peak of 9.5x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Breckland area
Average monthly rent in Breckland is £905, up 5.9% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Breckland price of £282,750 with a 25% deposit (£71k), a 2-year fixed mortgage at 3.97% costs around £1,116 per month.
Monthly cost comparison based on current data
Uses IP24 avg. price with Breckland rental data
Monthly mortgage payments (£1,116) are £211 more than renting (£905). However, buying requires an upfront deposit of £71k — it would take around 13 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
11, ELLINGTON ROAD, BARNHAM IP24 2NN | Terraced | £180,000 | 26 Jan 2026 |
22, EDITH CAVELL CLOSE IP24 1TJ | Terraced | £155,000 | 16 Jan 2026 |
12, ORCHARD WAY IP24 2JF | Detached | £330,000 | 16 Jan 2026 |
184, ST MARTINS WAY IP24 3QF | Semi-detached | £200,000 | 16 Jan 2026 |
3, REDGATE IP24 2HA | Detached | £318,000 | 16 Jan 2026 |
7, PRIORY PARK IP24 1AU | Semi-detached | £240,000 | 12 Jan 2026 |
8, CEDAR ROAD IP24 2FQ | Detached | £576,000 |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in IP24 sold for £282,750 in 2026, with a median of £252,000 across 12 transactions. Prices rose 16.4% compared to the previous year.
| 12 Jan 2026 |
17, NUNNERY DRIVE IP24 3EN | Detached | £390,000 | 9 Jan 2026 |
32, MILL LANE, BARNHAM IP24 2NG | Semi-detached | £252,000 | 9 Jan 2026 |
34, SCOTGATE CLOSE, GREAT HOCKHAM IP24 1PF | Detached | £252,000 | 9 Jan 2026 |
9, TOTTINGTON CLOSE IP24 1FE | Semi-detached | £260,000 | 7 Jan 2026 |
361, ST JOHNS WAY IP24 3PB | Terraced | £240,000 | 5 Jan 2026 |
26, ARLINGTON WAY IP24 2DZ | Detached | £480,000 | 19 Dec 2025 |
8, GLEBE CLOSE IP24 2LJ | Terraced | £204,000 | 19 Dec 2025 |
34, ULFKELL ROAD IP24 3JP | Terraced | £147,500 | 19 Dec 2025 |
36, CHARLOCK ROAD IP24 2TR | Detached | £315,000 | 19 Dec 2025 |
70, MACKENZIE ROAD IP24 3NH | Detached | £350,000 | 19 Dec 2025 |
22, THE SIDINGS IP24 1EX | Terraced | £145,000 | 19 Dec 2025 |
20, WATERMILL GREEN IP24 3BW | Semi-detached | £285,000 | 18 Dec 2025 |
112, WOODLANDS DRIVE IP24 1JJ | Terraced | £160,000 | 18 Dec 2025 |
The most recent recorded sale in IP24 was a terraced property on Ellington Road for £180,000 in January 2026. Across the last 20 sales, the median price was £252,000.