Housing Market Analysis for THE CLOSE, PE31 8BS

Are you looking to understand PE31 8BS 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 8BS area, explore the PE31 8BS Area information page.
For comprehensive crime statistics in the PE31 8BS area, explore the PE31 8BS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PE31 8BS postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £354,879 median price is £262,500 Standard Deviation is £255,933 with Total Sold: 17
    • The Last 5 Year average price is £713,990 with Total Sold: 5
    • The most recent sale happened at this postcode is 29 THE CLOSE: £450,000 (Sold on 10 Dec 2021)
    • The first recorded sale happened at this postcode is 28 THE CLOSE: £50,000 (Sold on 12 Jan 1996)
  • Detached
    • The average price is around £1,038,332 median price is £1,069,995 Standard Deviation is £67,123 with Total Sold: 3
    • The Last 5 Year average price is £1,038,332 with Total Sold: 3
    • The most recent sale happened at this postcode is 37 THE CLOSE: £945,000 (Sold on 30 Jul 2020)
    • The first recorded sale happened at this postcode is 33 THE CLOSE: £1,069,995 (Sold on 28 Feb 2020)
  • Terraced
    • The average price is around £258,782 median price is £240,000 Standard Deviation is £176,954 with Total Sold: 14
    • The Last 5 Year average price is £544,983 with Total Sold: 3
    • The most recent sale happened at this postcode is 42 THE CLOSE: £490,000 (Sold on 17 Jan 2020)
    • The first recorded sale happened at this postcode is 8 THE CLOSE: £48,000 (Sold on 29 Mar 1996)
  • Other
    • The average price is around £216,500 median price is £216,500 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £216,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 34 THE CLOSE: £216,500 (Sold on 31 Oct 2019)
    • The first recorded sale happened at this postcode is 34 THE CLOSE: £216,500 (Sold on 31 Oct 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average PE31 8BS 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£450,000 £6,000 1
2020£837,500 £4,553 2
2019£722,475 £5,041 2
2018£325,000 £4,012 1
2014£380,000 £2,946 1
2007£266,7502
2006£225,0001
2005£192,750 £1,473 2
2003£170,0001
2001£131,3333
1996£50,000 £617 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£1,038,332 £4,782 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£490,000 £5,269 1
2019£572,475 £5,094 2
2018£275,000 £3,819 1
2017£290,000 £4,143 1
2015£350,0001
2014£245,000 £3,500 1
2013£212,000 £2,986 1
2011£235,0001
2009£155,000 £2,013 1
1997£65,0001
1996£53,667 £829 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£216,500 £2,673 1

All the Sales in the THE CLOSE, PE31 8BS

See the table below for more details on the sold house prices in the PE31 8BS, King's Lynn and West Norfolk postcode.

AddressSold DatePrice% Change
29 THE CLOSESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1976-198210 Dec 2021£450,000First Sale
37 THE CLOSEDetached, FreeholdArea: 213 Sq.mtr30 Jul 2020£945,000First Sale
39 THE CLOSESemi-Detached, FreeholdArea: 185 Sq.mtr23 Jul 2020£800,000First Sale
41 THE CLOSESemi-Detached, FreeholdArea: 183 Sq.mtr31 Mar 2020£875,000First Sale
35 THE CLOSEDetached, FreeholdArea: 218 Sq.mtr28 Feb 2020£1,100,000First Sale
33 THE CLOSEDetached, FreeholdArea: 220 Sq.mtr28 Feb 2020£1,069,995First Sale
42 THE CLOSETerraced, FreeholdArea: 93 Sq.mtr17 Jan 2020£490,000First Sale
46 THE CLOSESemi-Detached, FreeholdArea: 152 Sq.mtr16 Dec 2019£749,950First Sale
38 THE CLOSETerraced, FreeholdArea: 119 Sq.mtr31 Oct 2019£595,000First Sale
34 THE CLOSEOther, FreeholdArea: 81 Sq.mtr31 Oct 2019£216,500First Sale
44 THE CLOSESemi-Detached, FreeholdArea: 135 Sq.mtr29 Oct 2019£695,000First Sale
40 THE CLOSETerraced, FreeholdArea: 106 Sq.mtr25 Oct 2019£549,950First Sale
28 THE CLOSESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1976-198204 May 2018£325,000550.00%
12 Jan 1996£50,000First Sale
11 THE CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1967-197525 Jan 2018£275,000First Sale
2 THE CLOSETerraced, FreeholdArea: 70 Sq.mtrAge: 1967-197522 Sep 2017£290,000400.00%
31 Oct 1996£58,000First Sale
14 THE CLOSETerraced, Freehold10 Mar 2015£350,000First Sale
21 THE CLOSETerraced, FreeholdArea: 70 Sq.mtrAge: 1967-197508 Aug 2014£245,000First Sale
32 THE CLOSESemi-Detached, FreeholdArea: 129 Sq.mtrAge: 1967-197523 May 2014£380,000First Sale
7 THE CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1950-196627 Jun 2013£212,000First Sale
TIDES, 23 THE CLOSETerraced, Freehold07 Oct 2011£235,000First Sale
23 THE CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1976-198205 Jan 2009£155,000First Sale
26 THE CLOSESemi-Detached, Freehold21 Aug 2007£271,00086.90%
17 Aug 2001£145,000First Sale
18 THE CLOSESemi-Detached, Freehold29 Jan 2007£262,500First Sale
4 THE CLOSESemi-Detached, Freehold29 Sep 2006£225,000First Sale
19 THE CLOSESemi-Detached, FreeholdArea: 129 Sq.mtrAge: 1967-197519 Aug 2005£190,000First Sale
30 THE CLOSESemi-Detached, Freehold23 Jun 2005£195,50015.00%
31 Jan 2003£170,000First Sale
27 THE CLOSESemi-Detached, Freehold19 Oct 2001£134,000First Sale
1 THE CLOSESemi-Detached, Freehold09 Jul 2001£115,000First Sale
24 THE CLOSETerraced, Freehold03 Sep 1997£65,000First Sale
9 THE CLOSETerraced, Freehold12 Sep 1996£55,000First Sale
8 THE CLOSETerraced, Freehold29 Mar 1996£48,000First Sale

Check out the sold house prices near the PE31 8BS postcode. Properties currently for saleProperties currently for rent

THE CLOSE, PE31 8BS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PE31 8BS 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 8BS postcode.

  • Detached
    • The average price is around £599,179 median price is £415,000 Standard Deviation is £549,653 with Total Sold: 95
    • The Last 5 Year average price is £1,054,285 with Total Sold: 14
    • The most recent sale happened at this postcode is , BREAKERS MAIN ROAD: £2,000,000 (Sold on 29 Sep 2023)
    • The first recorded sale happened at this postcode is , RAILWAY COTTAGE TOWN LANE: £24,000 (Sold on 29 Sep 1995)
  • Other
    • The average price is around £575,650 median price is £437,500 Standard Deviation is £481,549 with Total Sold: 10
    • The Last 5 Year average price is £390,214 with Total Sold: 7
    • The most recent sale happened at this postcode is , SAILCRAFT MAIN ROAD: £600,000 (Sold on 11 Feb 2022)
    • The first recorded sale happened at this postcode is , SEA GLASS MAIN ROAD: £1,950,000 (Sold on 27 Jan 2017)
  • Semi-Detached
    • The average price is around £354,427 median price is £243,000 Standard Deviation is £298,024 with Total Sold: 40
    • The Last 5 Year average price is £815,109 with Total Sold: 9
    • The most recent sale happened at this postcode is , 29 THE CLOSE: £450,000 (Sold on 10 Dec 2021)
    • The first recorded sale happened at this postcode is 5, THE MALTINGS MAIN ROAD: £51,500 (Sold on 31 Jan 1995)
  • Terraced
    • The average price is around £244,611 median price is £212,000 Standard Deviation is £201,323 with Total Sold: 27
    • The Last 5 Year average price is £552,492 with Total Sold: 6
    • The most recent sale happened at this postcode is , SEA SALT COTTAGE MAIN ROAD: £875,000 (Sold on 03 Sep 2021)
    • The first recorded sale happened at this postcode is , BRIAR COTTAGE MAIN ROAD: £56,000 (Sold on 17 Feb 1995)
  • Flat
    • The average price is around £45,000 median price is £45,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , 18 COMMON LANE: £45,000 (Sold on 30 Mar 2012)
    • The first recorded sale happened at this postcode is , 18 COMMON LANE: £45,000 (Sold on 30 Mar 2012)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,325,000 £7,286 2
2022£860,000 £7,791 2
2021£550,0001
2020£1,178,749 £5,380 4
2019£1,025,000 £4,406 5
2018£645,000 £3,525 1
2017£787,000 £4,785 5
2016£1,318,750 £5,232 4
2015£585,000 £3,197 2
2014£1,124,000 £7,098 5
2013£663,750 £3,034 4
2012£1,546,600 £5,700 3
2011£557,000 £2,902 5
2010£498,500 £2,770 2
2009£250,000 £4,132 2
2008£304,167 £1,769 3
2007£472,750 £3,085 4
2006£595,636 £3,234 7
2005£345,000 £856 2
2004£625,000 £2,373 2
2003£249,0002
2002£212,167 £1,355 3
2001£391,6673
2000£190,625 £1,235 2
1999£138,700 £1,157 10
1998£93,000 £274 3
1997£95,833 £603 3
1996£119,667 £752 3
1995£24,000 £212 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£600,0001
2021£445,000 £6,841 3
2019£265,500 £3,724 3
2018£600,000 £5,505 1
2017£1,212,500 £4,791 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£843,206 £6,484 5
2020£837,500 £4,553 2
2019£722,475 £5,041 2
2018£378,333 £4,454 6
2017£445,000 £3,904 1
2015£52,500 £599 1
2014£380,000 £2,946 1
2013£380,000 £3,958 1
2008£325,0001
2007£261,5003
2006£225,7502
2005£192,750 £1,473 2
2004£235,000 £2,448 1
2003£170,0001
2001£132,250 £1,184 4
1998£75,750 £714 2
1997£67,0001
1996£54,372 £747 3
1995£51,500 £542 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£875,000 £5,401 1
2020£472,500 £5,269 2
2019£498,317 £4,007 3
2018£275,000 £3,819 1
2017£290,000 £4,143 1
2015£350,0001
2014£245,000 £3,500 1
2013£212,000 £2,986 1
2011£235,0001
2010£120,000 £1,446 1
2009£225,000 £2,013 2
2007£259,5001
2002£156,525 £2,731 2
1999£80,000 £1,569 1
1997£56,5002
1996£55,250 £855 4
1995£63,0002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£45,000 £513 1

House Type in PE31 8BS area

The most common house types in the PE31 8BS postcode area are Detached (40), Semi-detached (13), and Terraced (12).

Total68
Detached40
Semi-detached13
Terraced12
Flat2
temporary structure1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (51), and Owned: Owns with a mortgage or loan (10).

Owned: Owns outright51
Owned: Owns with a mortgage or loan10
Private rented: Private landlord or letting agency5
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the PE31 8BS have 2 people in household (32), and 1 person in household (27).

2 people in household32
1 person in household27
3 people in household7
4 people in household3
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0