Many major employers are calling staff back to the office full-time — a shift that could have ripple effects across the Thetford property market. So what’s really happening, and what might it mean for local homeowners and buyers?
The rise (and fall) of remote working
Five years ago, the pandemic sparked a huge lifestyle rethink. Millions of people were suddenly working from home and, as a result, started prioritising space, comfort and gardens.
The “race for space” began — with demand soaring for larger homes in towns and rural areas like Thetford. Detached houses and properties with home offices or big gardens became some of the most sought-after listings on the market.
At the time, many predicted the shift would be permanent. But with more companies now pushing for a full return to the office, that assumption is being tested.
The back-to-the-office push
Global firms including Amazon, Barclays and JP Morgan have all instructed their corporate staff to return to the office five days a week.
Meanwhile, a Savills report recently revealed that the take-up of commercial office space across the UK’s six major regional cities is now at its highest level since 2019 — suggesting that office life is making a comeback.
A more nuanced reality
Even so, hybrid working isn’t going anywhere just yet. Research from Forbes shows that 13% of workers still work fully from home, while 27% split their time between home and the office.
Recruiters at Hays have warned that employers insisting on full-time office attendance could risk losing top talent. Many workers cite commuting costs and work-life balance as key reasons for preferring hybrid arrangements.
Evolving housing priorities
According to Market Financial Solutions, there has been a gradual shift in what buyers value most.
In 2019, square footage topped the list of homebuyer priorities, with 90% rating it as important or very important. By 2024, that figure had fallen to 72%, ranking seventh overall.
However, some things haven’t changed. The desire for a garden or outdoor space remains consistently strong — ranked second in both 2019 and 2024 — while broadband connectivity, off-street parking, and overall property quality have stayed within the top ten.
What does this mean for sellers?
While the pandemic triggered a sudden change, housing trends tend to evolve gradually. The key for sellers is to recognise what features make their property most appealing and to present them in the best possible light.
A good estate agent will understand what’s currently resonating with buyers in your area — whether that’s space for hybrid working, energy efficiency, or a great garden — and tailor your marketing strategy accordingly.
If you’re thinking about selling your home in Thetford, we’d be happy to provide a free valuation and advice on how to position your property for today’s market.
Article by Andrew Overman | Partner | Location Location East
