Housing Market Analysis for CHERRYTREE CLOSE, PE31 7TP

Are you looking to understand PE31 7TP 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 7TP area, explore the PE31 7TP Area information page.
For comprehensive crime statistics in the PE31 7TP area, explore the PE31 7TP Crime Rates page.

Overview of Sold House prices

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

Terraced
- The average price is around £115,650 median price is £142,000 Standard Deviation is £38,463 with Total Sold: 5
- The most recent sale happened at this postcode is 5 CHERRYTREE CLOSE: £150,000 (Sold on 07 Feb 2013)
- The first recorded sale happened at this postcode is 5 CHERRYTREE CLOSE: £58,750 (Sold on 18 Sep 1997)
Semi-Detached
- The average price is around £119,467 median price is £139,500 Standard Deviation is £46,129 with Total Sold: 6
- The most recent sale happened at this postcode is 2 CHERRYTREE CLOSE: £165,500 (Sold on 06 Jan 2012)
- The first recorded sale happened at this postcode is 2 CHERRYTREE CLOSE: £58,850 (Sold on 13 Oct 1997)
Detached
- The average price is around £79,825 median price is £79,825 Standard Deviation is £4,175 with Total Sold: 2
- The most recent sale happened at this postcode is 1 CHERRYTREE CLOSE: £84,000 (Sold on 01 Dec 1999)
- The first recorded sale happened at this postcode is 1 CHERRYTREE CLOSE: £75,650 (Sold on 18 Apr 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average PE31 7TP 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2013	£150,000	£2,500	1
2006	£147,500	£2,458	1
2001	£142,000	£1,627	1
1998	£80,000	£916	1
1997	£58,750	£979	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2012	£165,500	£2,171	1
2007	£149,000		1
2005	£159,950	£2,098	1
2004	£130,000		1
1998	£53,500		1
1997	£58,850	£772	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1999	£84,000		1
1997	£75,650		1

All the Sales in the CHERRYTREE CLOSE, PE31 7TP

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

Address	Sold Date	Price	% Change
5 CHERRYTREE CLOSETerraced, FreeholdArea: 60 Sq.mtrAge: 1983-1990	07 Feb 2013	£150,000	1.69%
	10 Oct 2006	£147,500	151.06%
	18 Sep 1997	£58,750	First Sale
2 CHERRYTREE CLOSESemi-Detached, FreeholdArea: 76.24 Sq.mtrAge: 1991-1995	06 Jan 2012	£165,500	3.47%
	07 Dec 2005	£159,950	171.79%
	13 Oct 1997	£58,850	First Sale
4 CHERRYTREE CLOSESemi-Detached, Freehold	18 Oct 2007	£149,000	14.62%
	29 Jan 2004	£130,000	142.99%
	24 Apr 1998	£53,500	First Sale
3 CHERRYTREE CLOSETerraced, FreeholdArea: 87.3 Sq.mtrAge: 1996-2002	23 Jul 2001	£142,000	77.50%
	09 Feb 1998	£80,000	First Sale
1 CHERRYTREE CLOSEDetached, Freehold	01 Dec 1999	£84,000	11.04%
1 CHERRYTREE CLOSEDetached, Freehold	18 Apr 1997	£75,650	First Sale

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

CHERRYTREE CLOSE, PE31 7TP Near By properties

Interactive Map

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

Terraced
- The average price is around £119,151 median price is £115,000 Standard Deviation is £78,874 with Total Sold: 456
- The Last 5 Year average price is £234,269 with Total Sold: 60
- The most recent sale happened at this postcode is , 48 POPLAR AVENUE: £90,000 (Sold on 12 Sep 2024)
- The first recorded sale happened at this postcode is , 8 POUND LANE: £19,250 (Sold on 14 Feb 1995)
Semi-Detached
- The average price is around £140,527 median price is £144,500 Standard Deviation is £70,700 with Total Sold: 656
- The Last 5 Year average price is £229,819 with Total Sold: 108
- The most recent sale happened at this postcode is , 12 MALTHOUSE CRESCENT: £265,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 5 KENWOOD ROAD SOUTH: £44,000 (Sold on 10 Mar 1995)
Detached
- The average price is around £198,136 median price is £175,000 Standard Deviation is £131,472 with Total Sold: 969
- The Last 5 Year average price is £349,357 with Total Sold: 165
- The most recent sale happened at this postcode is , 1 BALMORAL CRESCENT: £270,000 (Sold on 24 Jul 2024)
- The first recorded sale happened at this postcode is , 3 KENWOOD ROAD: £28,000 (Sold on 17 Jan 1995)
Flat
- The average price is around £79,536 median price is £74,500 Standard Deviation is £48,759 with Total Sold: 45
- The Last 5 Year average price is £123,550 with Total Sold: 10
- The most recent sale happened at this postcode is , 8 HADLEY CRESCENT: £55,000 (Sold on 13 Nov 2023)
- The first recorded sale happened at this postcode is , 10A HADLEY CRESCENT: £10,000 (Sold on 12 Oct 1995)
Other
- The average price is around £199,057 median price is £190,000 Standard Deviation is £147,201 with Total Sold: 31
- The Last 5 Year average price is £223,192 with Total Sold: 17
- The most recent sale happened at this postcode is , 38 - 40 STATION ROAD: £103,000 (Sold on 09 Jun 2023)
- The first recorded sale happened at this postcode is , 1 POUND LANE: £218,000 (Sold on 16 Dec 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£210,832	£3,077	6
2023	£213,100	£3,418	10
2022	£254,361	£3,490	9
2021	£283,033	£3,207	15
2020	£215,100	£2,933	10
2019	£197,442	£2,872	10
2018	£179,893	£2,724	14
2017	£204,292	£2,346	12
2016	£189,375	£2,270	12
2015	£162,033	£2,203	15
2014	£140,219	£2,255	16
2013	£146,126	£1,972	17
2012	£123,200	£1,877	10
2011	£126,642	£5,653	12
2010	£125,921	£1,959	7
2009	£128,425	£1,734	9
2008	£149,500	£1,599	4
2007	£136,331	£2,232	27
2006	£126,278	£1,886	21
2005	£129,722	£1,784	9
2004	£132,633	£1,950	18
2003	£98,293	£1,417	15
2002	£92,992	£1,285	19
2001	£76,020	£970	15
2000	£51,082	£892	20
1999	£48,688	£657	29
1998	£44,350	£645	29
1997	£43,508	£590	26
1996	£33,414	£534	21
1995	£35,108	£565	19

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£192,500		2
2023	£266,289	£3,697	19
2022	£239,615	£3,520	13
2021	£229,471	£3,286	34
2020	£214,125	£2,829	24
2019	£207,500	£2,897	16
2018	£194,543	£3,011	23
2017	£193,700	£2,589	20
2016	£191,574	£2,438	23
2015	£166,462	£2,339	21
2014	£164,737	£2,100	25
2013	£148,727	£2,245	24
2012	£142,208	£2,275	21
2011	£150,111	£1,826	13
2010	£173,381	£2,014	21
2009	£144,548	£2,072	21
2008	£148,922	£2,176	16
2007	£161,514	£2,033	29
2006	£160,338	£1,898	32
2005	£147,676	£2,045	16
2004	£114,283	£1,721	26
2003	£116,654	£1,612	24
2002	£89,381	£1,178	24
2001	£72,040	£1,043	24
2000	£59,217	£888	33
1999	£66,803	£694	17
1998	£52,821	£633	34
1997	£48,010	£652	24
1996	£41,859	£577	16
1995	£42,823	£1,524	21

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£355,536	£4,467	14
2023	£425,168	£3,660	17
2022	£422,325	£4,119	20
2021	£362,089	£3,480	51
2020	£295,641	£3,009	34
2019	£292,198	£2,914	29
2018	£280,661	£2,963	31
2017	£261,680	£2,764	33
2016	£252,584	£2,576	35
2015	£237,000	£2,493	33
2014	£211,092	£2,258	46
2013	£197,334	£2,276	29
2012	£184,227	£2,131	22
2011	£184,114	£2,217	25
2010	£232,359	£2,046	27
2009	£210,011	£1,912	26
2008	£227,025	£2,305	18
2007	£244,007	£2,164	30
2006	£208,144	£1,934	40
2005	£202,613	£1,926	24
2004	£213,413	£1,850	27
2003	£173,869	£1,741	35
2002	£151,244	£1,455	34
2001	£105,156	£1,168	46
2000	£96,556	£929	31
1999	£81,243	£819	51
1998	£76,332	£749	51
1997	£70,604	£687	57
1996	£59,694	£565	29
1995	£55,079	£669	24

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£117,500	£2,646	2
2022	£145,000	£3,452	1
2021	£121,200	£2,491	5
2019	£124,750	£2,675	2
2018	£155,000		1
2017	£170,000	£2,151	2
2016	£74,500	£1,520	1
2014	£95,000	£2,554	1
2012	£44,000	£1,836	1
2010	£88,317	£2,200	3
2007	£73,625	£2,116	4
2006	£88,400	£2,105	5
2003	£50,240	£1,608	5
2002	£48,150	£1,074	3
2001	£59,250	£1,287	2
2000	£30,500	£622	1
1999	£15,500	£675	4
1998	£17,000	£739	1
1995	£10,000	£435	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£131,333	£4,126	3
2022	£440,000	£5,057	1
2021	£199,352	£3,278	5
2020	£320,875	£1,915	4
2019	£170,000	£2,069	4
2018	£198,875	£2,631	4
2017	£201,000	£2,752	5
2016	£7,000		1
2015	£117,000	£1,074	3
2014	£218,000		1

House Type in PE31 7TP area

The most common house types in the PE31 7TP postcode area are Semi-detached (46), Detached (39), and Terraced (27).

Total	112
Semi-detached	46
Detached	39
Terraced	27
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (66), and Owned: Owns with a mortgage or loan (29).

Owned: Owns outright	66
Owned: Owns with a mortgage or loan	29
Private rented: Private landlord or letting agency	12
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the PE31 7TP have 2 people in household (49), and 1 person in household (36).

2 people in household	49
1 person in household	36
3 people in household	13
4 people in household	8
5 people in household	4
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0