Search for £1

KING'S LYNN AND WEST NORFOLK

PE38 House Prices & Property Market

Sold-price evidence and a 9-signal market rating for the PE38 postcode district, built from HM Land Registry, Bank of England, RICS, ONS and planning data. Index last computed Aug 2026.

58.31

Index / 100

Pressure Building

The PE38 market is warming up. Buyer demand is beginning to outpace supply in some segments. Properties are selling faster than the area average, driven particularly by mortgage affordability.

Median sold price

£225,000

-5.8% year on year

Sales last month

5

HM Land Registry

PE38 sold price trend

MonthMedian priceSalesYoY
Jul 2025£340,0001
Aug 2025£215,0003
Sept 2025£265,00023
Oct 2025£263,75022
Nov 2025£417,0002
Dec 2025£380,0003
Jan 2026£256,50018-15.5%
Feb 2026£335,0002-8.7%
Mar 2026£200,0004-34.4%
Apr 2026£245,00017-8.5%
May 2026£325,00017+13.6%
Jun 2026£225,0005-5.8%

Source: HM Land Registry Price Paid Data. Months with few transactions can swing sharply.

What's driving the PE38 rating

Price Momentum80
Supply & Demand40
Mortgage Affordability88
Sales Velocity50
Surveyor Sentiment50
Rental Yield50
New Listings Volume50
Planning Pipeline50
Local Employment50

Each signal scored 0–100 against 10 years of history. Full methodology.

Go deeper on PE38

See street-level sold prices, an evidence-backed valuation range for your property, comparables and EPC £/sqft. Free to start.

PE38 property market FAQs

What is the average house price in PE38?

The median sold price in PE38 is £225,000, based on HM Land Registry transactions, -5.8% year on year.

Is PE38 a buyer's or seller's market right now?

PE38 currently scores 58.31/100 on our 9-signal market index, placing it in the "Pressure Building" band. The PE38 market is warming up. Buyer demand is beginning to outpace supply in some segments. Properties are selling faster than the area average, driven particularly by mortgage affordability.

How long do homes take to sell in PE38?

We don't currently have days-on-market data for PE38.

Where does this data come from?

Sold prices come from HM Land Registry Price Paid Data. The market index combines 9 signals including price momentum, supply and demand, sales velocity, RICS surveyor sentiment, rental yield, planning pipeline and local employment. See our methodology page for full details.

Nearby postcode districts

PE7 · 59PE15 · 56PE1 · 54PE36 · 54PE2 · 53PE32 · 52PE21 · 50PE28 · 50PE34 · 49PE5 · 49PE4 · 49PE6 · 48

Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. Figures are indicative market statistics, not a formal valuation. Methodology.