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Property Price Trends
Back Lane, Mileham, King's Lynn, Breckland, Norfolk
PE32 2PP Breckland District
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
£273,000
The average house price in Breckland was £273,000 in November 2024 (provisional), up slightly 1.2% from November 2023. This was lower than the rise in the East of England (2.0%) over the same period.
£848
Private rents rose to an average of £848 in December 2024, an annual increase of 7.3% from £790 in December 2023. This was lower than the rise in the East of England (8.4%) over the year.
£226,000
The average price paid by first-time buyers was £226,000 in November 2024 (provisional). This was 2.4% higher than the average of £221,000 in November 2023 (revised).
£265,000
For homes bought with a mortgage, the average house price was £265,000 in November 2024 (provisional). This was 1.6% higher than the average of £261,000 in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Breckland, E07000143). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in PE32 2PP?
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?
For Homebuyers:
The property market in Norfolk is experiencing steady growth in house prices, with the average price of a property currently standing at £280,000. Popular areas for homebuyers include Norwich (NR1-NR7), which has seen an increase in demand due to its vibrant city life and excellent transport links. Other sought-after towns include King's Lynn (PE30-PE34) and Great Yarmouth (NR30-NR31).
For Renters:
Rent prices in Norfolk are also on the rise, with the average monthly rent for a property standing at £800. Areas such as Thetford (IP24) and Dereham (NR19) are popular among renters, offering a mix of affordable housing and good amenities. However, competition for rental properties is high, so renters should be prepared to act quickly when finding a suitable property.
For Investors:
Norfolk presents a promising opportunity for property investors, with rental yields averaging at around 4%. Areas such as Fakenham (NR21) and Attleborough (NR17) offer attractive investment opportunities due to their growing popularity among renters. Additionally, the demand for student accommodation in Norwich (NR2) makes it a lucrative option for buy-to-let investors. With the property market in Norfolk showing signs of growth, investors can expect a good return on their investment in the long term.
For Homebuyers:
The property market in Norfolk is experiencing steady growth in house prices, with the average price of a property currently standing at £280,000. Popular areas for homebuyers include Norwich (NR1-NR7), which has seen an increase in demand due to its vibrant city life and excellent transport links. Other sought-after towns include King's Lynn (PE30-PE34) and Great Yarmouth (NR30-NR31).
For Renters:
Rent prices in Norfolk are also on the rise, with the average monthly rent for a property standing at £800. Areas such as Thetford (IP24) and Dereham (NR19) are popular among renters, offering a mix of affordable housing and good amenities. However, competition for rental properties is high, so renters should be prepared to act quickly when finding a suitable property.
For Investors:
Norfolk presents a promising opportunity for property investors, with rental yields averaging at around 4%. Areas such as Fakenham (NR21) and Attleborough (NR17) offer attractive investment opportunities due to their growing popularity among renters. Additionally, the demand for student accommodation in Norwich (NR2) makes it a lucrative option for buy-to-let investors. With the property market in Norfolk showing signs of growth, investors can expect a good return on their investment in the long term.
Last updated on 30 Apr 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 2PP
Estimated yield for property investors
3.35%
Yield
The estimated yield for the PE32 2PP postcode area is 3.35%, 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 2PP?
The recently sold properties table lists homes around PE32 2PP 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 2PP 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
