Housing Market Analysis for WELLS ROAD, PE31 8JW

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £160,000 median price is £160,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 3, RED ROW COTTAGES WELLS ROAD: £160,000 (Sold on 21 Oct 2008)
    • The first recorded sale happened at this postcode is 3, RED ROW COTTAGES WELLS ROAD: £160,000 (Sold on 21 Oct 2008)
  • Detached
    • The average price is around £205,000 median price is £205,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 4, RED ROW COTTAGES WELLS ROAD: £205,000 (Sold on 09 Feb 2006)
    • The first recorded sale happened at this postcode is 4, RED ROW COTTAGES WELLS ROAD: £205,000 (Sold on 09 Feb 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average PE31 8JW 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
2008£160,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£205,0001

All the Sales in the WELLS ROAD, PE31 8JW

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

AddressSold DatePrice% Change
3, RED ROW COTTAGES WELLS ROADTerraced, Freehold21 Oct 2008£160,000First Sale
4, RED ROW COTTAGES WELLS ROADDetached, Freehold09 Feb 2006£205,000First Sale

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

WELLS ROAD, PE31 8JW Near By properties

Interactive Map

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

  • Detached
    • The average price is around £541,013 median price is £415,000 Standard Deviation is £449,600 with Total Sold: 81
    • The Last 5 Year average price is £1,138,170 with Total Sold: 13
    • 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 £1,101,250 median price is £445,000 Standard Deviation is £1,274,447 with Total Sold: 6
    • The Last 5 Year average price is £1,318,000 with Total Sold: 5
    • 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)
  • Terraced
    • The average price is around £382,790 median price is £250,000 Standard Deviation is £316,162 with Total Sold: 19
    • The Last 5 Year average price is £599,625 with Total Sold: 4
    • The most recent sale happened at this postcode is , RAHERE TOWER ROAD: £908,500 (Sold on 24 Nov 2022)
    • The first recorded sale happened at this postcode is 2, THE OLD MALTINGS TOWER ROAD: £185,000 (Sold on 01 Nov 1995)
  • Semi-Detached
    • The average price is around £355,135 median price is £295,000 Standard Deviation is £279,662 with Total Sold: 30
    • The Last 5 Year average price is £719,167 with Total Sold: 6
    • 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)

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£1,225,000 £11,045 3
2019£1,036,333 £6,676 3
2018£1,265,000 £8,236 2
2016£801,116 £4,937 6
2014£495,881 £4,656 4
2013£780,500 £5,146 3
2012£325,000 £5,603 1
2011£528,667 £6,031 3
2009£586,238 £3,516 4
2007£1,190,000 £4,845 2
2006£447,993 £6,281 7
2005£379,100 £2,376 5
2004£431,6673
2003£415,000 £941 1
2002£153,500 £2,940 2
2001£212,0002
2000£195,8333
1999£160,417 £983 6
1998£123,000 £846 5
1997£155,938 £1,028 4
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£1,490,000 £5,227 2
2020£50,0001
2015£17,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£908,500 £7,043 1
2021£230,0001
2019£630,000 £6,607 2
2017£365,000 £5,703 1
2015£912,670 £4,595 2
2013£250,000 £5,000 1
2012£450,000 £3,488 1
2008£160,0001
2007£600,0001
2006£363,5611
2004£220,000 £3,438 1
1998£91,034 £404 3
1997£97,500 £995 1
1996£85,0001
1995£185,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£695,000 £6,318 1
2021£997,500 £4,243 2
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
2006£315,000 £2,072 1
2005£249,9501
2004£438,333 £2,299 3
2000£87,000 £1,176 1
1998£125,000 £822 1
1997£58,6001
1996£51,000 £385 2
1995£40,0002

House Type in PE31 8JW area

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