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King's Lynn House Prices

The average house price in King's Lynn is £186,525 using HM Land Registry data.

The average property price increased by £41,890 (21.51%) over the last 5 years and increased by £8,372 (3.67%) over the last 12 months.

Over the last year, there were 432 residential property sales – a decrease of 201 transactions (-46.53%) relative to the previous year. The majority of house sales (98) were in the £158,000 - £206,000 range. Then came properties in the £206,000 - £254,000 range, where 78 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 53 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,240 (-2%).

In April 2024, there were 95 new estate agency instructions, 49 agreed home sales and 42 property price reductions.

5-Year Average Property Prices in King's Lynn

21.51%

Property prices in King's Lynn increased by 21.51% 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

3.67%

Property prices in King's Lynn increased by 3.67% 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 - April 2024

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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
102 Grimston Road, South Wootton, King's Lynn, Norfolk, PE30 3NS	£425,000	£400,000	-£25,000	14 Apr 2023	18 Aug 2023	126 Days
8 Gladstone Road, King's Lynn, Norfolk, PE30 5AL	£150,000	£145,000	-£5,000	06 Apr 2023	11 Aug 2023	127 Days
28 Seathwaite Road, King's Lynn, Norfolk, PE30 3UW	£325,000	£315,000	-£10,000	28 Apr 2023	09 Aug 2023	103 Days
45 Friars Street, King's Lynn, Norfolk, PE30 5AP	£215,000	£215,000	£00	25 Apr 2023	28 Jul 2023	94 Days
44 Birchwood Street, King's Lynn, Norfolk, PE30 2AG	£119,950	£119,950	£00	11 Apr 2023	28 Jul 2023	108 Days
4 Smith Avenue, King's Lynn, Norfolk, PE30 2BQ	£195,000	£190,000	-£5,000	01 Mar 2023	28 Jul 2023	149 Days
1 Lancaster Road, Gaywood, King's Lynn, Norfolk, PE30 4PB	£229,995	£229,995	£00	10 Feb 2023	21 Jul 2023	161 Days
64 King George V Avenue, King's Lynn, Norfolk, PE30 2QE	£275,000	£270,000	-£5,000	21 Mar 2023	20 Jul 2023	121 Days
22 Euston Way, South Wootton, King's Lynn, Norfolk, PE30 3TX	£270,000	£270,000	£00	29 Mar 2023	14 Jul 2023	107 Days
7 Langley Road, South Wootton, King's Lynn, Norfolk, PE30 3UA	£229,995	£229,995	£00	24 Jan 2023	13 Jul 2023	170 Days
80 Reffley Lane, King's Lynn, Norfolk, PE30 3EQ	£280,000	£280,000	£00	12 Jan 2023	13 Jul 2023	182 Days
1a, Elmhurst Drive, South Wootton, King's Lynn, Norfolk, PE30 3LA	£495,000	£483,000	-£12,000	27 Feb 2023	06 Jul 2023	129 Days
10 Queens Avenue, King's Lynn, Norfolk, PE30 5LR	£150,000	£140,000	-£10,000	15 Mar 2023	30 Jun 2023	107 Days
35 Suffolk Road, King's Lynn, Norfolk, PE30 4AH	£299,995	£299,995	£00	12 Jan 2023	27 Jun 2023	166 Days
101 Elvington, King's Lynn, Norfolk, PE30 4TB	£145,000	£139,000	-£6,000	08 Mar 2023	26 Jun 2023	110 Days
5 Church Lane, King's Lynn, Norfolk, PE30 5AE	£195,000	£192,500	-£2,500	09 Jan 2023	23 Jun 2023	165 Days
16 Wesley Road, North Wootton, King's Lynn, Norfolk, PE30 3XB	£230,000	£220,000	-£10,000	09 Mar 2023	20 Jun 2023	103 Days
1 Sandy Lane, South Wootton, King's Lynn, Norfolk, PE30 3NX	£400,000	£400,000	£00	01 Mar 2023	16 Jun 2023	107 Days
11 St Peters Road, West Lynn, King's Lynn, Norfolk, PE34 3LG	£240,000	£235,000	-£5,000	02 Feb 2023	16 Jun 2023	134 Days
8 Monkshood, King's Lynn, Norfolk, PE30 3HG	£215,000	£215,000	£00	24 Feb 2023	13 Jun 2023	109 Days

Most Expensive Streets in King's Lynn

Postcode	Street	Area	Average	No. of Sales
PE30 3RD	The Green	North Wootton	£975,000	2
PE30 3JD	Castle Rising Road	South Wootton	£926,666	3
PE30 5DL	St Margarets Place	King's Lynn	£875,000	1
PE30 3WZ	Bryony Court	South Wootton	£592,500	2
PE30 3WT	The Meadows	South Wootton	£578,000	1
PE30 3QB	Nursery Lane	North Wootton	£572,500	2
PE30 3PZ	Manor Road	North Wootton	£570,250	4
PE30 3LR	Nursery Lane	South Wootton	£533,500	5
PE30 1HT	Queen Street	King's Lynn	£528,800	2
PE30 3SP	Pretoria Grove	South Wootton	£520,000	1

Least Expensive Streets in King's Lynn

Postcode	Street	Area	Average	No. of Sales
PE30 1AD	Norfolk Street	King's Lynn	£61,500	1
PE30 4PQ	Oak Circle	King's Lynn	£65,000	1
PE30 1DD	High Street	King's Lynn	£66,500	1
PE30 1NH	St Nicholas Close	King's Lynn	£68,750	4
PE30 5ND	The Maltings	King's Lynn	£69,000	3
PE30 2BS	Harewood Drive	King's Lynn	£72,583	6
PE30 4FL	Ashfield Hill	King's Lynn	£74,000	1
PE30 1AN	Norfolk Street	King's Lynn	£79,000	1
PE30 1DN	Old Sunway	King's Lynn	£82,500	1
PE30 1BB	High Street	King's Lynn	£85,000	1