PE31 8JT is a residential postcode situated on Stanhoe Road, Burnham Market, King's Lynn, PE31 with 5 addresses.
It ranks as the 245th largest and 403rd most expensive of the 870 postcodes in the PE31 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 5 properties: 4 houses and 1 flat.
PE31 8JT is a residential postcode situated on Stanhoe Road, Burnham Market, King's Lynn, PE31 with 5 addresses.
It ranks as the 245th largest and 403rd most expensive of the 870 postcodes in the PE31 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 5 properties: 4 houses and 1 flat.
Sale prices range from £271,342 for 3 bedroom Leasehold flats (893 ft2) to £439,277 for 4 bedroom freehold houses with a garden (1,517 ft2) .
Monthly rental prices range from £1,070 pcm for 3 bed flats to £1,364 pcm for 4 bed houses.
The gross rental yield is between 3.7% and 4.9%.
The average value per square foot is £339.
The last sale in PE31 8JT sold for £335,000 on 20th December 2023. Since then prices are down an average of 6.3%.
The current average value in the postcode is £336,367.
The PE31 8JT Sales Market has increased by 28.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.9% | £336,367 |
| April 2025 | -0.6% | £353,640 |
| April 2024 | -3.6% | £355,840 |
| April 2023 | 2.2% | £369,129 |
| April 2022 | 10.4% | £361,325 |
| April 2021 | 9.1% | £327,218 |
| April 2020 | 1.5% | £299,837 |
| April 2019 | 2.2% | £295,528 |
| April 2018 | 3.6% | £289,289 |
| April 2017 | 6.8% | £279,166 |
| April 2016 | 6.3% | £261,455 |
| April 2015 | 7.9% | £245,966 |
| April 2014 | 2.1% | £228,030 |
| April 2013 | 2.2% | £223,389 |
| April 2012 | -0.3% | £218,487 |
| April 2011 | 0.5% | £219,156 |
| April 2010 | 3.7% | £218,037 |
| April 2009 | -9.8% | £210,224 |
| April 2008 | 2.7% | £233,081 |
| April 2007 | 0% | £226,903 |
The current average rental value in the postcode is £1,169.
The PE31 8JT Rental Market has increased by 50.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1% | £1,169pcm |
| April 2025 | 5.9% | £1,157pcm |
| April 2024 | 4.6% | £1,093pcm |
| April 2023 | 7.4% | £1,045pcm |
| April 2022 | 8.7% | £974pcm |
| April 2021 | 7.1% | £896pcm |
| April 2020 | 2.7% | £837pcm |
| April 2019 | 0.8% | £814pcm |
| April 2018 | 0.5% | £808pcm |
| April 2017 | 3.3% | £804pcm |
| April 2016 | 4.9% | £779pcm |
| April 2015 | 3.6% | £742pcm |
| April 2014 | 1.5% | £716pcm |
| April 2013 | 4.7% | £706pcm |
| April 2012 | -1.3% | £674pcm |
| April 2011 | 1.4% | £683pcm |
| April 2010 | 3.5% | £673pcm |
| April 2009 | -5.5% | £651pcm |
| April 2008 | 6.2% | £688pcm |
| April 2007 | 0% | £648pcm |
The last sale was on 20th December 2023 for £335,000 and since then the market in the area has decreased by 6.3%. The postcode has had a total of 3 sales since 1995.
PE31 8JT has seen 1 sale in the last three years and no sales in the last twelve months.
PE31 8JT is the 245th largest and the 403rd most expensive postcode out of the 870 postcodes in the PE31 area.
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The closest station to PE31 8JT is Kings Lynn station which is 27.2 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around PE31 8JT, 50.0% of property is socially rented and 27.6% is privately owned outright.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around PE31 8JT, 15.0% of residents are recorded as possessing school level qualifications and 17.1% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around PE31 8JT, the average age was 51.4 and the most common age was 72.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around PE31 8JT, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around PE31 8JT, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.