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Property investment stats for Thetford, East of England

A complete guide to property investment in Thetford.

Last updated: 18 September 2025

Investment summary

Thetford stands out for investors seeking strong rental returns and affordable entry points. The area offers a rental yield of 6.5%, which is attractive compared to many other towns. With a price-to-income ratio of 4.1, homes are accessible for both buyers and renters. Liquidity is healthy, as properties typically spend 37 days on the market and achieve their asking prices, with a median discount of £0 (the typical achieved discount).

The area is dominated by couples and families, with private renting especially common. However, recent 1-year capital growth of -4.3% may give some investors pause, even though the 3-year capital growth of 5.6% is positive.

Image of Thetford, East of England

Key investment stats for Thetford

Median price per sq ft

£245 / sq ft

Average rental yield

6.5%

Capital growth (1y)

-4.3%

Sales in past year

283

* Property stats calculated for last full calendar year (2024).

Live property stats in Thetford

Live prices in Thetford, East of England

* Extreme prices clipped for legibility

Properties for sale

Median price

£260,000

25% of properties below...

£200,000

75% of properties below...

£325,000

Most expensive property

£1,300,000

Live listings

133

Median days on market

37

Should you invest in Thetford?

Opportunities

  • Strong rental demand is supported by a high proportion of private renters, with yields as high as 6.5% and especially notable in the top-performing district at 6.4%.
  • Affordability is a draw, as reflected in the price-to-income ratio of 4.1, making it easier to enter the market or expand a portfolio.
  • Properties are selling quickly and at asking price, with a median discount of £0 (the typical achieved discount) and an average of 37 days on the market, suggesting good liquidity.

Risks

  • The 1-year capital growth of -4.3% shows recent price changes that could signal short-term volatility.
  • The area has a low proportion of degree-educated residents and professionals, both in the 4th percentile, which may affect long-term growth potential.
  • The student population is low, so investors should not expect student-let opportunities to drive demand.

Outlook

Rental yields are expected to remain strong, with ongoing demand from couples and families who make up a large share of households. The private rental sector's prominence, with a high percentile relative to other areas, supports the case for steady rental income.

Short-term capital growth may be less reliable given the 1-year capital growth of -4.3%, but the 3-year annualised growth of 1.8% suggests the area is still trending upward over the longer term. Properties are likely to remain liquid, achieving asking prices and moving quickly. Investors should keep an eye on local economic shifts, but overall, Thetford offers a balanced mix of affordability, yield, and market activity for those focused on income and steady portfolio growth.

Live properties in Thetford

Investment properties in Thetford, East of England

3 bedroom semi-detached house for sale
28% below median price

£200,000

3 bedroom semi-detached house for sale

Norwich Road, Thetford, IP24

Properties needing refurbishment in Thetford, East of England
Needs Refurb
2 bedroom flat for sale
On market for 178 days

£145,000 - Guide Price

2 bedroom flat for sale

Kings Court, Thetford

Slow to sell properties in Thetford, East of England
Slow to Sell
1 bedroom apartment for sale
Reduced by 10%

£90,000 - Offers in Excess of

1 bedroom apartment for sale

Ben Culey Drive, Thetford

Big price drop properties in Thetford, East of England
Big Price Drop
3 bedroom semi-detached house for sale
830 sq ft

£240,000

3 bedroom semi-detached house for sale

Woodlands Drive, Thetford, Norfolk,...

Properties with planning granted in Thetford, East of England
Planning Granted
4 bedroom detached house for sale
39% below median price

£350,000

4 bedroom detached house for sale

Old Market Street, Thetford

Low price-per-sq-ft properties in Thetford, East of England
Low Price per Sq Ft
3 bedroom semi-detached house for sale
24% below median price

£150,000 - Guide Price

3 bedroom semi-detached house for sale

Harwood Avenue, Thetford, Norfolk, ...

Auction properties in Thetford, East of England
Auction

Achieved vs asking prices

Key takeaway: Seller's market

Asking and achieved prices are broadly aligned — little negotiation room on average.

Headline stats

• Median discount: £0

• 1 in 4 properties sell at > £5,000 below asking

• 1 in 10 properties sell at > £10,000 below asking

In percentage terms:

• Median discount of 0.0%

• 25% of properties discounted by > 2.6%

• 10% of properties discounted by > 4.1%

Best places to invest in Thetford

Top postcodes for rental yield and (annualised) capital growth

Rank
Postcode
Yield
Capital growth
Median £/sq ft
1IP246.4%2.2%£254 / sq ft

Data sources

GeoGlider calculates property investment stats by blending official and proprietary datasets. Here's a quick overview of key sources and how we use them:

  • HM Land Registry: Property transaction and sold-price records for England & Wales used to calculate historical capital growth, price levels and comparables.

  • Office for National Statistics (ONS): Demographic and economic indicators for the UK, including Census 2021, supporting area profiling and market context.

  • Ordnance Survey: Authoritative UK geospatial data powering accurate boundaries, roads and terrain for mapping and spatial analysis.

  • GeoProp: Our proprietary AI pipeline that processes millions of property listings to extract rich features and live market signals.

  • Department for Levelling Up, Housing & Communities: Energy Performance Certificate (EPC) scores and property floor areas.

  • HM Revenue & Customs (HMRC): Household income and employment data to understand local affordability and economic conditions.

Data is updated continuously, matched across sources and rigorously validated.