Market Place - PE31 8HE
Key Postcode Insights
PE31 8HE is a residential postcode situated on Market Place, Burnham Market, King's Lynn, PE31 with 18 addresses.
It ranks as the 613th largest and 594th most expensive of the 870 postcodes in the PE31 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £442,861
- 10 Year change
- up 29.4%
- Ave. Rental Price
- £1,468pcm
- 10 Year change
- up 55.1%
- Ave. £ per ft²
- £240/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Key Postcode Insights
PE31 8HE is a residential postcode situated on Market Place, Burnham Market, King's Lynn, PE31 with 18 addresses.
It ranks as the 613th largest and 594th most expensive of the 870 postcodes in the PE31 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £442,861
- 10 Year change
- up 29.4%
- Ave. Rental Price
- £1,468pcm
- 10 Year change
- up 55.1%
- Ave. £ per ft²
- £240/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Explore Propertiesin PE31 8HE
- 1 Market Place
Unknown
- 2 Market Place
Unknown
- 3 Market Place
4 Bed House
- 4 Market Place
Unknown
- 5 Market Place
Unknown
Sales Market Trends
The last sale in PE31 8HE sold for £892,500 on 16th January 2026. Since then prices are down an average of 1.8%.
The current average value in the postcode is £442,861.
The PE31 8HE Sales Market has increased by 29.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -6.1% | £442,861 |
| June 2025 | -1.5% | £471,415 |
| June 2024 | -4.4% | £478,454 |
| June 2023 | 1% | £500,284 |
| June 2022 | 10.8% | £495,129 |
| June 2021 | 11.6% | £447,053 |
| June 2020 | 2.3% | £400,522 |
| June 2019 | 1.6% | £391,595 |
| June 2018 | 4.5% | £385,244 |
| June 2017 | 7.7% | £368,486 |
| June 2016 | 7% | £342,264 |
| June 2015 | 8.3% | £320,016 |
| June 2014 | 3% | £295,553 |
| June 2013 | -0.6% | £286,913 |
| June 2012 | 1.5% | £288,717 |
| June 2011 | 0% | £284,323 |
| June 2010 | 7.8% | £284,428 |
| June 2009 | -6.9% | £263,882 |
| June 2008 | -0.6% | £283,305 |
| June 2007 | 0% | £285,010 |
Rental Market Trends
The current average rental value in the postcode is £1,468.
The PE31 8HE Rental Market has increased by 55.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.7% | £1,468pcm |
| June 2025 | 5.2% | £1,458pcm |
| June 2024 | 4.1% | £1,386pcm |
| June 2023 | 6.3% | £1,331pcm |
| June 2022 | 10.6% | £1,253pcm |
| June 2021 | 8.9% | £1,133pcm |
| June 2020 | 3.5% | £1,041pcm |
| June 2019 | 1.5% | £1,006pcm |
| June 2018 | 0.2% | £991pcm |
| June 2017 | 4.5% | £989pcm |
| June 2016 | 5.7% | £947pcm |
| June 2015 | 4.1% | £896pcm |
| June 2014 | 1.9% | £861pcm |
| June 2013 | 1.8% | £844pcm |
| June 2012 | -0.4% | £830pcm |
| June 2011 | 1.9% | £833pcm |
| June 2010 | 7.1% | £817pcm |
| June 2009 | -3.4% | £763pcm |
| June 2008 | 4.3% | £790pcm |
| June 2007 | 0% | £758pcm |
Sales History
The last sale was on 16th January 2026 for £892,500 and since then the market in the area has decreased by 1.8%. The postcode has had a total of 6 sales since 1995.
PE31 8HE has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Jan 2026£892,500 | 4 Bed House3, Market Place, King's Lynn, PE31 8HE3, Market Place, King's Lynn, PE31 8HE
- Sold May 2019£795,000 | 4 Bed House8, Market Place, King's Lynn, PE31 8HE8, Market Place, King's Lynn, PE31 8HE
- Sold May 2019£795,000 | 4 Bed House8, Market Place, King's Lynn, PE31 8HE8, Market Place, King's Lynn, PE31 8HE
- Sold Oct 2012£595,000 | 4 Bed House3, Market Place, King's Lynn, PE31 8HE3, Market Place, King's Lynn, PE31 8HE
- Sold Aug 2002£365,000 | 3 Bed House7, Market Place, King's Lynn, PE31 8HE7, Market Place, King's Lynn, PE31 8HE
Nearby Postcodes
PE31 8HE is the 613th largest and the 594th most expensive postcode out of the 870 postcodes in the PE31 area.
- PE31 8HD, Market Place, Burnham Market, King's Lynn, PE31PE31 8HD25 Addresses|115 m away
- PE31 8HF, Market Place, Burnham Market, King's Lynn, PE31PE31 8HF10 Addresses|167 m away
- PE31 8HB, Rogers Row, Burnham Market, King's Lynn, PE31PE31 8HB11 Addresses|169 m away
- PE31 8UL, The Pound, Burnham Market, King's Lynn, PE31PE31 8UL5 Addresses|172 m away
- PE31 8DW, Herrings Lane, Burnham Market, King's Lynn, PE31PE31 8DW41 Addresses|229 m away
Property Types
- 2 period houses built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 14 other addresses of unknown type
- period house (2)
- mid-century house (1)
- house (1)
- Unknown (14)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (1)
- C (0)
- G (0)
- D (0)
- No EPC (15)
Top 3 Most Expensive Sales
- Sold Apr 2023£1,626,263 | 5 Bed House62, Market Place, King's Lynn, PE31 8HD62, Market Place, King's Lynn, PE31 8HD
- Sold Jul 2022£1,250,000 | 4 Bed House40, Market Place, King's Lynn, PE31 8HF40, Market Place, King's Lynn, PE31 8HF
- Sold Jan 2026£892,500 | 4 Bed House3, Market Place, King's Lynn, PE31 8HE3, Market Place, King's Lynn, PE31 8HE
Schools Nearby
- Burnham Market Primary and Nursery School900 m away
- Docking Church of England Primary Academy and Nursery8.3 km away
- Wells-Next-the-Sea Primary and Nursery School9.0 km away
- Alderman Peel High School8.6 km away
- Fakenham Academy14.2 km away
- Smithdon High School15.2 km away
More reading links
Public Transport Nearby
The closest station to PE31 8HE is Kings Lynn station, which is 30.3 kilometres away.
- Kings Lynn|30.3 km away
- Sheringham|32.7 km away
- Skegness|34.1 km away
- West Runton|35.0 km away