Housing Market Analysis for WELLS ROAD, PE31 8JJ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £695,000 median price is £695,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £695,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE COTTAGE WELLS ROAD: £695,000 (Sold on 14 Sep 2022)
    • The first recorded sale happened at this postcode is THE COTTAGE WELLS ROAD: £695,000 (Sold on 14 Sep 2022)
  • Detached
    • The average price is around £70,000 median price is £70,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is WOODGETS WELLS ROAD: £70,000 (Sold on 28 Jun 1996)
    • The first recorded sale happened at this postcode is WOODGETS WELLS ROAD: £70,000 (Sold on 28 Jun 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average PE31 8JJ 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
2022£695,000 £6,318 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1996£70,0001

All the Sales in the WELLS ROAD, PE31 8JJ

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

AddressSold DatePrice% Change
THE COTTAGE WELLS ROADSemi-Detached, FreeholdArea: 110 Sq.mtrAge: before 190014 Sep 2022£695,000First Sale
WOODGETS WELLS ROADDetached, Freehold28 Jun 1996£70,000First Sale

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

WELLS ROAD, PE31 8JJ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £517,510 median price is £375,000 Standard Deviation is £463,372 with Total Sold: 65
    • The Last 5 Year average price is £1,144,620 with Total Sold: 10
    • The most recent sale happened at this postcode is , THE COAST GLEBE LANE: £1,050,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , WAYSIDE GLEBE LANE: £69,000 (Sold on 16 Jun 1995)
  • Other
    • The average price is around £1,185,500 median price is £210,000 Standard Deviation is £1,380,750 with Total Sold: 5
    • The Last 5 Year average price is £1,477,500 with Total Sold: 4
    • The most recent sale happened at this postcode is OUTBUILDING AT, THE HERO PUBLIC HOUSE WELLS ROAD: £210,000 (Sold on 20 Jul 2023)
    • The first recorded sale happened at this postcode is OUTBUILDING AT, THE HERO PUBLIC HOUSE WELLS ROAD: £17,500 (Sold on 23 Nov 2015)
  • Semi-Detached
    • The average price is around £365,540 median price is £295,000 Standard Deviation is £285,599 with Total Sold: 26
    • The Last 5 Year average price is £734,000 with Total Sold: 5
    • The most recent sale happened at this postcode is , THE COTTAGE WELLS ROAD: £695,000 (Sold on 14 Sep 2022)
    • The first recorded sale happened at this postcode is , THE STARLINGS WELLS ROAD: £40,000 (Sold on 21 Aug 1995)
  • Terraced
    • The average price is around £277,896 median price is £230,000 Standard Deviation is £208,832 with Total Sold: 9
    • The Last 5 Year average price is £496,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 1, MARINE COTTAGE WELLS ROAD: £230,000 (Sold on 20 Aug 2021)
    • The first recorded sale happened at this postcode is , CURLEW COTTAGE NEW ROAD: £85,000 (Sold on 23 Dec 1996)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,050,0001
2022£1,438,333 £9,958 3
2021£882,401 £7,528 3
2020£1,825,000 £21,726 1
2019£804,500 £5,155 2
2018£1,265,000 £8,236 2
2016£801,116 £4,937 6
2014£489,708 £4,656 3
2013£780,500 £5,146 3
2012£325,000 £5,603 1
2011£490,000 £6,400 2
2009£474,983 £3,516 3
2007£1,180,0001
2006£432,190 £5,659 5
2005£377,000 £1,129 1
2004£435,0002
2003£415,000 £941 1
2002£153,500 £2,940 2
2001£212,0002
2000£195,8333
1999£117,500 £983 5
1998£123,000 £846 5
1997£107,917 £845 3
1996£100,000 £1,092 3
1995£83,500 £627 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£210,0001
2022£3,350,000 £28,390 1
2021£2,300,000 £5,227 1
2020£50,0001
2015£17,5001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£695,000 £6,318 1
2021£1,350,0001
2020£395,000 £6,105 1
2019£615,000 £3,894 2
2016£460,000 £3,382 1
2015£548,000 £4,455 1
2014£280,0001
2013£473,000 £3,600 2
2012£152,500 £2,357 1
2011£205,000 £2,496 1
2009£277,5002
2007£286,667 £1,875 3
2005£249,9501
2004£438,333 £2,299 3
2000£87,000 £1,176 1
1997£58,6001
1996£37,0001
1995£40,0002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£230,0001
2019£630,000 £6,607 2
2013£250,000 £5,000 1
2008£160,0001
2006£363,5611
1998£55,000 £404 1
1997£97,500 £995 1
1996£85,0001

House Type in PE31 8JJ area

The most common house types in the PE31 8JJ postcode area are Detached (30), Semi-detached (23), and Terraced (9).

Total65
Detached30
Semi-detached23
Terraced9
commercial building2
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 (40), and Owned: Owns with a mortgage or loan (12).

Owned: Owns outright40
Owned: Owns with a mortgage or loan12
Private rented: Private landlord or letting agency7
Social rented: Other social rented4
Social rented: Rents from council or Local Authority3
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the PE31 8JJ have 2 people in household (30), and 1 person in household (20).

2 people in household30
1 person in household20
3 people in household12
4 people in household5
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0