Housing Market Analysis for LANCASTER PLACE, PE31 7RX

Are you looking to understand PE31 7RX 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 King's Lynn and West Norfolk postcode.

For the location information and nearby amenities in the PE31 7RX area, explore the PE31 7RX Area information page.
For comprehensive crime statistics in the PE31 7RX area, explore the PE31 7RX Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PE31 7RX postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £141,873 median price is £135,000 Standard Deviation is £73,016 with Total Sold: 11
    • The Last 5 Year average price is £254,800 with Total Sold: 2
    • The most recent sale happened at this postcode is 3, LANCASTER COTTAGES LANCASTER PLACE: £288,101 (Sold on 12 Dec 2022)
    • The first recorded sale happened at this postcode is 3, LANCASTER COTTAGES LANCASTER PLACE: £65,000 (Sold on 20 Oct 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average PE31 7RX 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£288,101 £4,883 1
2020£221,500 £3,819 1
2017£201,000 £3,741 2
2005£142,000 £2,448 1
2002£115,000 £1,638 2
2000£69,250 £1,111 4

All the Sales in the LANCASTER PLACE, PE31 7RX

See the table below for more details on the sold house prices in the PE31 7RX, King's Lynn and West Norfolk postcode.

AddressSold DatePrice% Change
3, LANCASTER COTTAGES LANCASTER PLACETerraced, FreeholdArea: 59 Sq.mtrAge: 1996-200212 Dec 2022£288,101343.23%
20 Oct 2000£65,000First Sale
2, LANCASTER COTTAGES LANCASTER PLACETerraced, FreeholdArea: 58 Sq.mtrAge: 1996-200207 Aug 2020£221,5002.07%
15 Sep 2017£217,00052.82%
22 Dec 2005£142,00049.47%
06 Sep 2002£95,00046.15%
25 Oct 2000£65,000First Sale
4, LANCASTER COTTAGES LANCASTER PLACETerraced, Freehold01 Jun 2017£185,000156.94%
16 Nov 2000£72,000First Sale
1, LANCASTER COTTAGES LANCASTER PLACETerraced, Freehold16 Sep 2002£135,00080.00%
27 Nov 2000£75,000First Sale

Check out the sold house prices near the PE31 7RX postcode. Properties currently for saleProperties currently for rent

LANCASTER PLACE, PE31 7RX Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PE31 7RX 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 PE31 7RX postcode.

  • Detached
    • The average price is around £202,084 median price is £174,000 Standard Deviation is £140,755 with Total Sold: 501
    • The Last 5 Year average price is £342,984 with Total Sold: 80
    • The most recent sale happened at this postcode is , 5 BIRCH CLOSE: £345,000 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is , 10 BRENT AVENUE: £48,000 (Sold on 10 Mar 1995)
  • Terraced
    • The average price is around £155,322 median price is £140,000 Standard Deviation is £116,508 with Total Sold: 271
    • The Last 5 Year average price is £291,064 with Total Sold: 51
    • The most recent sale happened at this postcode is , 27 LYNN ROAD: £380,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 14 THE COURTYARD: £45,000 (Sold on 24 Feb 1995)
  • Semi-Detached
    • The average price is around £143,914 median price is £140,500 Standard Deviation is £83,194 with Total Sold: 428
    • The Last 5 Year average price is £242,315 with Total Sold: 59
    • The most recent sale happened at this postcode is , 31 GOOSE GREEN ROAD: £95,625 (Sold on 08 Apr 2024)
    • The first recorded sale happened at this postcode is , 1 STATION ROAD: £59,950 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £322,726 median price is £305,000 Standard Deviation is £203,300 with Total Sold: 12
    • The Last 5 Year average price is £286,213 with Total Sold: 8
    • The most recent sale happened at this postcode is , ITHACA BARN BIRCHAM ROAD: £250,000 (Sold on 08 Feb 2024)
    • The first recorded sale happened at this postcode is , 9 TAPPING CLOSE: £438,000 (Sold on 27 Feb 2017)
  • Flat
    • The average price is around £104,229 median price is £81,250 Standard Deviation is £59,943 with Total Sold: 12
    • The most recent sale happened at this postcode is , 2 TAPPING CLOSE: £199,995 (Sold on 21 Apr 2017)
    • The first recorded sale happened at this postcode is , 5A PEDLARS MEWS: £50,000 (Sold on 07 Jul 2000)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£294,292 £3,658 6
2023£323,056 £3,690 9
2022£325,295 £3,901 11
2021£401,250 £3,040 20
2020£316,460 £3,302 20
2019£345,214 £2,725 14
2018£234,866 £2,849 19
2017£336,068 £2,866 21
2016£225,375 £2,655 12
2015£213,875 £2,592 12
2014£252,165 £2,174 33
2013£174,478 £2,207 16
2012£179,694 £1,962 18
2011£215,747 £2,039 16
2010£206,600 £2,187 15
2009£187,556 £2,171 9
2008£235,032 £2,013 14
2007£239,418 £2,108 21
2006£258,289 £2,184 19
2005£189,139 £2,256 18
2004£166,789 £1,854 19
2003£145,675 £1,592 14
2002£116,636 £1,572 18
2001£126,820 £1,165 22
2000£105,881 £950 16
1999£74,796 £881 20
1998£65,867 £815 27
1997£66,841 £639 23
1996£69,383 £681 9
1995£56,944 £600 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£280,417 £4,050 6
2023£285,736 £3,690 5
2022£347,827 £3,844 11
2021£294,100 £3,064 10
2020£270,350 £2,941 10
2019£251,389 £2,482 9
2018£202,800 £2,937 5
2017£201,082 £2,911 12
2016£204,106 £2,558 9
2015£159,090 £2,039 5
2014£201,357 £2,592 14
2013£252,318 £2,480 11
2012£168,864 £1,947 11
2011£113,790 £2,034 4
2010£154,118 £2,080 6
2009£185,833 £2,040 6
2008£141,167 £2,136 6
2007£144,300 £2,073 5
2006£153,000 £2,160 8
2005£144,469 £1,530 8
2004£125,992 £1,767 6
2003£112,999 £1,385 5
2002£84,597 £1,074 15
2001£69,862 £992 13
2000£70,909 £1,003 17
1999£53,132 £643 20
1998£49,685 £675 10
1997£46,419 £625 13
1996£41,167 £660 6
1995£36,000 £435 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£95,625 £1,258 1
2023£297,500 £3,373 4
2022£279,140 £3,788 15
2021£227,532 £3,276 19
2020£266,700 £2,849 10
2019£183,375 £2,828 10
2018£187,806 £2,707 18
2017£214,480 £2,629 26
2016£184,533 £2,331 15
2015£199,050 £2,275 9
2014£222,703 £2,034 17
2013£162,300 £2,121 10
2012£192,345 £3,095 10
2011£150,215 £2,147 13
2010£146,048 £1,911 14
2009£133,250 £1,997 8
2008£149,063 £1,838 17
2007£162,222 £2,345 20
2006£155,179 £2,187 14
2005£151,438 £1,698 12
2004£143,438 £2,038 12
2003£117,050 £1,359 10
2002£86,736 £1,122 23
2001£70,316 £914 20
2000£71,631 £803 18
1999£58,044 £798 18
1998£51,672 £751 16
1997£46,482 £587 17
1996£41,153 £636 18
1995£45,225 £628 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£225,000 £4,651 2
2023£125,0001
2022£615,0001
2020£322,052 £1,440 3
2019£133,550 £968 1
2018£100,0001
2017£494,333 £5,475 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£199,995 £2,381 1
2014£93,500 £2,397 1
2013£82,625 £1,949 2
2011£70,000 £1,525 1
2008£223,0001
2006£190,0001
2005£90,000 £2,308 1
2002£56,333 £1,433 3
2000£50,0001

House Type in PE31 7RX area

The most common house types in the PE31 7RX postcode area are Semi-detached (44), Terraced (39), and Detached (29).

Total117
Semi-detached44
Terraced39
Detached29
commercial building4
converted building1
Flat0
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (50), and Private rented: Private landlord or letting agency (27).

Owned: Owns outright50
Private rented: Private landlord or letting agency27
Owned: Owns with a mortgage or loan21
Private rented: Other private rented12
Social rented: Other social rented7
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the PE31 7RX have 1 person in household (44), and 2 people in household (42).

1 person in household44
2 people in household42
4 people in household13
3 people in household12
5 people in household5
8 or more people in household2
0 people in household0
6 people in household0
7 people in household0