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King's Lynn House Prices

The average house price in King's Lynn is £238,941 using HM Land Registry data.

The average property price increased by £33,116 (16.29%) over the last 5 years and increased by £6,635 (2.89%) over the last 12 months.

Over the last year, there were 457 residential property sales – a decrease of 58 transactions (-12.69%) relative to the previous year. The majority of house sales (105) were in the £150,000 - £200,000 range. Then came properties in the £200,000 - £250,000 range, where 97 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 123 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,743 (-2%).

In Dec 24, there were 50 new estate agency instructions, 44 agreed home sales and 39 property price reductions.

5-Year Average Property Prices in King's Lynn

16.29%

Property prices in King's Lynn increased by 16.29% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in King's Lynn Over the Last Year

2.89%

Property prices in King's Lynn increased by 2.89% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for King's Lynn - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in King's Lynn

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in King's Lynn

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in King's Lynn

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the King's Lynn since 1995

Using HM Land Registry data, this chart displays average annual house prices in the King's Lynn area since 1995.

Recent Property Sales in King's Lynn

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
175 Wootton Road, Gaywood, King's Lynn, Norfolk, PE30 4DW	£229,995	£219,000	-£10,995	02 Jan 2024	03 May 2024	122 Days
Flat 26, Macmillan Court, Telford Close, King's Lynn, Norfolk, PE30 4TJ	£105,000	£100,000	-£5,000	11 Aug 2023	29 Apr 2024	262 Days
90 Regency Avenue, King's Lynn, Norfolk, PE30 4UH	£215,000	£212,000	-£3,000	08 Nov 2023	26 Apr 2024	170 Days
6 Cedar Way, West Lynn, King's Lynn, Norfolk, PE34 3JY	£280,000	£265,000	-£15,000	26 Jul 2023	26 Apr 2024	275 Days
4 Wesley Road, North Wootton, King's Lynn, Norfolk, PE30 3XB	£220,000	£215,000	-£5,000	16 Nov 2023	19 Apr 2024	155 Days
1 Swan Lane, Gaywood, King's Lynn, Norfolk, PE30 4HE	£350,000	£350,000	£00	29 Mar 2024	08 Apr 2024	10 Days
13 Regency Avenue, King's Lynn, Norfolk, PE30 4UF	£230,000	£225,000	-£5,000	17 Oct 2023	08 Apr 2024	174 Days
5 Avenue Road, King's Lynn, Norfolk, PE30 5NN	£395,000	£370,000	-£25,000	24 Jan 2024	04 Apr 2024	71 Days
130 Elvington, King's Lynn, Norfolk, PE30 4UX	£189,995	£185,000	-£4,995	31 Oct 2023	04 Apr 2024	156 Days
129 Gaywood Road, King's Lynn, Norfolk, PE30 2QA	£550,000	£505,000	-£45,000	25 Aug 2023	04 Apr 2024	223 Days
6 Clifton Road, King's Lynn, Norfolk, PE30 3DN	£225,000	£210,000	-£15,000	16 Oct 2023	02 Apr 2024	169 Days
294 Wootton Road, King's Lynn, Norfolk, PE30 3BJ	£375,000	£365,000	-£10,000	27 Dec 2023	28 Mar 2024	92 Days
66 Tennyson Avenue, King's Lynn, Norfolk, PE30 2QJ	£275,000	£257,500	-£17,500	03 Jan 2024	26 Mar 2024	83 Days
218 Wootton Road, King's Lynn, Norfolk, PE30 3BQ	£350,000	£350,000	£00	13 Jul 2023	22 Mar 2024	253 Days
7 Lancaster Road, Gaywood, King's Lynn, Norfolk, PE30 4PB	£180,000	£175,000	-£5,000	27 Dec 2023	08 Mar 2024	72 Days
Flat 12, North Hirne Court, St Anns Street, King's Lynn, Norfolk, PE30 1LT	£105,000	£97,500	-£7,500	10 Oct 2023	07 Mar 2024	149 Days
77 Corbyn Shaw Road, King's Lynn, Norfolk, PE30 4UL	£205,000	£202,000	-£3,000	29 Nov 2023	07 Mar 2024	99 Days
21 Spring Sedge, King's Lynn, Norfolk, PE30 3PP	£235,000	£231,500	-£3,500	17 Oct 2023	04 Mar 2024	139 Days
10 Silver Hill, King's Lynn, Norfolk, PE30 4TL	£230,000	£220,000	-£10,000	08 Aug 2023	01 Mar 2024	206 Days
157 Wootton Road, Gaywood, King's Lynn, Norfolk, PE30 4DW	£415,000	£410,000	-£5,000	31 Oct 2023	16 Feb 2024	108 Days

Most Expensive Streets in King's Lynn

Postcode	Street	Area	Average	No. of Sales
PE30 3JD	Castle Rising Road	South Wootton	£926,666	3
PE30 3PZ	Manor Road	North Wootton	£598,333	3
PE30 3LR	Nursery Lane	South Wootton	£533,500	5
PE30 3LA	Elmhurst Drive	South Wootton	£514,222	9
PE30 3JG	The Birches	South Wootton	£510,791	12
PE30 3NS	Grimston Road	South Wootton	£504,375	4
PE30 3RS	The Howards	North Wootton	£474,928	7
PE30 3JA	Castle Rising Road	South Wootton	£472,750	4
PE30 3UJ	Malvern Close	South Wootton	£465,000	3
PE30 4ER	Gayton Road	King's Lynn	£445,399	4

Least Expensive Streets in King's Lynn

Postcode	Street	Area	Average	No. of Sales
PE30 1NH	St Nicholas Close	King's Lynn	£63,700	5
PE30 2BS	Harewood Drive	King's Lynn	£70,833	6
PE30 4UQ	Barrett Close	King's Lynn	£71,375	4
PE30 2AY	Loke Road	King's Lynn	£80,500	4
PE30 5DX	Hampton Court	Nelson Street, King's Lynn	£82,500	3
PE30 2LE	Columbia Way	King's Lynn	£84,000	4
PE30 5EH	Allinson Court	Stonegate Street, King's Lynn	£90,125	4
PE30 1NZ	Waterloo Street	King's Lynn	£91,500	3
PE30 5AW	Friars Street	King's Lynn	£92,571	7
PE30 1RY	Gainsborough Court	King's Lynn	£93,666	3