Housing Market Analysis for PE31 8BW

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £310,000 median price is £310,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1, PROSPECT HOUSE: £310,000 (Sold on 05 Jun 2001)
    • The first recorded sale happened at this postcode is 1, PROSPECT HOUSE: £310,000 (Sold on 05 Jun 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average PE31 8BW 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£310,0001

All the Sales in the PE31 8BW

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

AddressSold DatePrice% Change
1, PROSPECT HOUSEDetached, Freehold05 Jun 2001£310,000First Sale

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

PE31 8BW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PE31 8BW 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 8BW 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 8BW area

The most common house types in the PE31 8BW 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 8BW 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