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Property Price Trends
Bailey Gate, Castle Acre, King's Lynn, King's Lynn And West Norfolk, Norfolk
PE32 2AF King's Lynn and West Norfolk District (B)
What are the historical property price trends?
Explore the yearly trends in property prices for the PE32 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
PE32
Most Expensive Property
£1,395,995
Midleton Hall Golf Club Hall Orchards, PE32 1RY
Sold: 11 March 2022
Cheapest Property
£105,000
Pennylane Golden Gym, PE32 1EW
Sold: 21 July 2022
£268,000
The average house price in King's Lynn and West Norfolk was £268,000 in November 2024 (provisional), down slightly 1.1% from November 2023. Across the East of England, the average house price rose slightly by 2.0% over the same period.
£872
Private rents rose to an average of £872 in December 2024, an annual increase of 10.3% from £791 in December 2023. This was higher than the rise in the East of England (8.4%) over the year.
£228,000
The average price paid by first-time buyers was £228,000 in November 2024 (provisional). This was in line with the average in November 2023 (revised).
£266,000
For homes bought with a mortgage, the average house price was £266,000 in November 2024 (provisional). This was similar to the average in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (King's Lynn and West Norfolk, E07000146). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in PE32 2AF?
The graph below shows the five-year capital growth figures for properties for the PE32 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in PE32 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Norfolk?
Homebuyers
For homebuyers in Norfolk, the property market has shown steady growth in recent years. As of the latest data, the average house price in Norfolk is £250,000, with popular areas such as Norwich (NR1) seeing an increase in property values by 5% compared to the previous year. Availability of housing stock is relatively high in Norfolk, with a variety of properties ranging from period homes in Diss (IP22) to modern apartments in Great Yarmouth (NR30). The popularity of Norfolk as a location for homebuyers has been increasing, particularly for families looking for a quieter lifestyle in towns like Thetford (IP24) and Dereham (NR19).
Renters
Rent prices in Norfolk have seen a slight increase in recent years, with the average monthly rent for a two-bedroom property being £800. Areas such as King's Lynn (PE30) and Fakenham (NR21) have shown a rise in rental prices due to high demand and limited availability of rental properties. The rental market in Norfolk caters to a wide range of tenants, from students looking for affordable accommodation in Norwich to professionals seeking luxury apartments in Cromer (NR27). Overall, Norfolk offers a range of rental options, but competition can be fierce in desirable areas.
Investors
For investors in Norfolk, the property market presents opportunities for both rental yield and capital growth. With average rental yields of 4-5%, areas like Thetford (IP24) and Great Yarmouth (NR30) offer attractive returns for buy-to-let investors. The demand for rental properties in Norfolk is high, making it a profitable market for investors looking to expand their portfolios. In terms of capital growth, areas such as Costessey (NR8) and Wymondham (NR18) have seen an increase in property values, making them attractive options for long-term investment. Overall, Norfolk provides a diverse range of investment opportunities for property investors.
Homebuyers
For homebuyers in Norfolk, the property market has shown steady growth in recent years. As of the latest data, the average house price in Norfolk is £250,000, with popular areas such as Norwich (NR1) seeing an increase in property values by 5% compared to the previous year. Availability of housing stock is relatively high in Norfolk, with a variety of properties ranging from period homes in Diss (IP22) to modern apartments in Great Yarmouth (NR30). The popularity of Norfolk as a location for homebuyers has been increasing, particularly for families looking for a quieter lifestyle in towns like Thetford (IP24) and Dereham (NR19).
Renters
Rent prices in Norfolk have seen a slight increase in recent years, with the average monthly rent for a two-bedroom property being £800. Areas such as King's Lynn (PE30) and Fakenham (NR21) have shown a rise in rental prices due to high demand and limited availability of rental properties. The rental market in Norfolk caters to a wide range of tenants, from students looking for affordable accommodation in Norwich to professionals seeking luxury apartments in Cromer (NR27). Overall, Norfolk offers a range of rental options, but competition can be fierce in desirable areas.
Investors
For investors in Norfolk, the property market presents opportunities for both rental yield and capital growth. With average rental yields of 4-5%, areas like Thetford (IP24) and Great Yarmouth (NR30) offer attractive returns for buy-to-let investors. The demand for rental properties in Norfolk is high, making it a profitable market for investors looking to expand their portfolios. In terms of capital growth, areas such as Costessey (NR8) and Wymondham (NR18) have seen an increase in property values, making them attractive options for long-term investment. Overall, Norfolk provides a diverse range of investment opportunities for property investors.
Last updated on 31 May 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for PE32 2AF
Estimated yield for property investors
3.19%
Yield
The estimated yield for the PE32 2AF postcode area is 3.19%, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in PE32 2AF?
The recently sold properties table lists homes around PE32 2AF that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 08 December 2023 | £207,000 | 14 Orchard Lane, Castle Acre, King's Lynn, PE32 2BE | Semi-Detached | Freehold |
| 14 December 2023 | £520,000 | Field View Chapel Lane, Beeston, King's Lynn, PE32 2NG | Detached | Freehold |
| 11 October 2023 | £340,000 | 65 Litcham Road, Mileham, King's Lynn, PE32 2PT | Semi-Detached | Freehold |
Nearby sold properties | ||||
| 11 December 2023 | £395,000 | 47 Low Road, Grimston, King's Lynn, PE32 1AF | Detached | Freehold |
| 08 December 2023 | £345,000 | 28 Stoney Road, Roydon, King's Lynn, PE32 1AP | Detached | Freehold |
| 28 October 2022 | £435,000 | 9 Leziate Drove, Pott Row, King's Lynn, PE32 1DB | Semi-Detached | Freehold |
| 20 March 2023 | £260,000 | 80 Brow Of The Hill, Leziate, King's Lynn, PE32 1EN | Semi-Detached | Freehold |
| 21 July 2022 | £105,000 | Pennylane Golden Gym, Pentney, King's Lynn, PE32 1EW | Other | Freehold |
| 12 March 2024 | £842,000 | 2a Gayton Road, Ashwicken, King's Lynn, PE32 1LS | Detached | Freehold |
| 28 February 2024 | £350,000 | 168 Leziate Drove, Ashwicken, King's Lynn, PE32 1LT | Detached | Freehold |
| 03 October 2023 | £246,000 | 7 Hall Farm Gardens, East Winch, King's Lynn, PE32 1NS | Detached | Freehold |
| 04 March 2024 | £145,000 | 76 Town Close, East Winch, King's Lynn, PE32 1NU | Semi-Detached | Freehold |
| 04 October 2022 | £260,000 | Appledore Jubilee Hall Lane, Gayton, King's Lynn, PE32 1PB | Detached | Freehold |
| 29 November 2023 | £185,000 | 11 Grimston Road, Gayton, King's Lynn, PE32 1QA | Detached | Freehold |
| 01 December 2023 | £382,000 | Talgarth Winch Road, Gayton, King's Lynn, PE32 1QP | Detached | Freehold |
| 11 March 2022 | £1,395,995 | Midleton Hall Golf Club Hall Orchards, Middleton, King's Lynn, PE32 1RY | Other | Freehold |
| 23 February 2024 | £620,000 | Field View School Road, Middleton, King's Lynn, PE32 1SA | Detached | Freehold |
| 13 October 2022 | £275,000 | 42 Westfields, Narborough, King's Lynn, PE32 1SX | Detached | Freehold |
Please note that house prices for properties sold in and around PE32 2AF during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
