Local market reports › PE area › PE32 › PE32 1
East Lexham market report PE32 1, King'S Lynn
The PE32 1 (East Lexham) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 4,635 sales recorded by HM Land Registry in PE32 1 (King'S Lynn) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the typical home in PE32 1 (King'S Lynn) sold for £290,000 in 2026, the median of 50 registered sales, up 5% on five years earlier. The mean was £340,800, and by floor area homes here have averaged about £3,080 per square metre over the last five years. The figures cover 4,635 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
PE32 1 is a postcode sector: one group of streets inside PE32 (King'S Lynn). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where PE32 1 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What buyers actually paid in PE32 1
Take the 50 registered 2026 sales in PE32 1 and the middle price, the median, is £290,000. The mean lands at £340,800, well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.
PE32 1 prices by floor area
Measured by floor area, the last five years of PE32 1 sales average about £3,080 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
For scale: the England and Wales median is £285,000, so PE32 1 trades 2% above the country as a whole.
A typical PE32 1 home, priced year by year (1995 to 2026)
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £290,000 | £290,000 | 50 |
| 2025 | £296,500 | £303,590 | 127 |
| 2024 | £310,000 | £329,594 | 117 |
| 2023 | £320,000 | £351,602 | 107 |
| 2022 | £300,000 | £351,784 | 138 |
| 2021 | £275,000 | £348,185 | 190 |
| 2020 | £267,500 | £347,087 | 145 |
| 2019 | £244,200 | £320,088 | 142 |
| 2018 | £231,500 | £308,594 | 135 |
| 2017 | £225,000 | £306,877 | 202 |
| 2016 | £209,000 | £292,393 | 150 |
| 2015 | £193,000 | £272,709 | 120 |
| 2014 | £176,000 | £249,687 | 135 |
| 2013 | £172,000 | £247,491 | 110 |
| 2012 | £164,500 | £242,123 | 112 |
| 2011 | £167,500 | £252,861 | 122 |
| 2010 | £174,000 | £272,877 | 119 |
| 2009 | £147,000 | £236,304 | 105 |
| 2008 | £182,500 | £299,156 | 88 |
| 2007 | £181,800 | £308,383 | 162 |
| 2006 | £164,000 | £284,683 | 149 |
| 2005 | £148,500 | £264,270 | 139 |
| 2004 | £155,000 | £281,510 | 166 |
| 2003 | £135,000 | £248,703 | 153 |
| 2002 | £118,200 | £222,392 | 190 |
| 2001 | £85,000 | £163,408 | 176 |
| 2000 | £79,000 | £155,038 | 190 |
| 1999 | £66,000 | £131,535 | 195 |
| 1998 | £55,000 | £111,021 | 186 |
| 1997 | £56,000 | £114,845 | 175 |
| 1996 | £53,000 | £111,775 | 199 |
| 1995 | £52,000 | £113,040 | 141 |
In cash terms the typical PE32 1 home went from £52,000 in 1995 to £290,000 in 2026, roughly 6 times the price. Inflation explains only part of it: in today's money the rise is still about 157%, a genuine increase in what a home here costs. The real-terms peak came in 2022, and today's median remains roughly 18% under it: a 2022 buyer is still waiting to get that price back in today's money.
Year-on-year change in the PE32 1 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+39.1% on the year before); the weakest, 2009 (−19.5%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −2.2% | −4.5% |
| 5 years (since 2021) | +1.1% | −3.6% |
| 10 years (since 2016) | +3.3% | −0.1% |
| 20 years (since 2006) | +2.9% | +0.1% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
How many homes change hands in PE32 1
The year-by-year sales count
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The register shows 50 PE32 1 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 166 sales a year before the financial crisis and 108 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
Rents around PE32 1
PE32 1 falls under King's Lynn and West Norfolk, where the ONS puts the average private rent at £935 a month (May 2026 figures). The spread runs from £646 a month for a typical one-bed to £1,502 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, King's Lynn and West Norfolk
ONS Price Index of Private Rents, May 2026.
£935 a month is £11,220 a year, which against the £290,000 median sold price makes a gross yield of 3.9%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
The shape of the PE32 1 market
Only 50 sales completed here in the last twelve months of data, which makes PE32 1 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint.
Asked and answered: PE32 1 (East Lexham)
Is PE32 1 (East Lexham) a good place to buy a house?
How much did a house sell for in PE32 1 (East Lexham)?
Are property prices falling in PE32 1 (East Lexham)?
What happens to PE32 1 prices now?
Prediction is not this page's business. Its business is the record, which says: the median is up 5% over five years in cash but down 17% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
PE32's current homes for sale
Turning to what is actually available: 77 homes on the market right now, from 5 agents publishing to HomesIndex.
These cover the whole PE32 district, not just PE32 1: live asking prices are collected per district.
Of everything listed here, 26% asks less than the sold record of comparable homes. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Braemar Litcham Road, Great Dunham, King's Lynn, King's Lynn
- The Green, Weasenham, King's Lynn
- Church Street, Litcham, King's Lynn, ...
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every PE32 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Moving up a bedroom in PE: the cost
Real sold prices by size across the PE area, straight from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £245,000 | £338,000 (+38%) | £482,750 (+43%) | £645,000 (+34%) |
| Semi-detached | £187,000 | £220,000 (+18%) | £257,500 (+17%) | £340,000 (+32%) | £455,000 (+34%) |
| Terraced | £170,000 | £195,000 (+15%) | £225,000 (+15%) | £300,000 (+33%) | £465,000 (+55%) |
| Flat | £120,000 | £155,500 (+30%) | £230,000 (+48%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the PE area is the point: the same five years treated these districts very differently.
PE area districts: five years of change
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in PE32
A few minutes' walk can separate two very different markets. Here are PE32's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| PE32 2 | £294,000 | 28 |
Zoom out to the full PE32 district report for the type split, monthly volumes and how PE32 compares with its neighbours.
Before you sell in PE32 1: what the record supports
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in PE32 1, open the average prices map and zoom from the PE32 1 shading down to the sold homes on your own street. Every recorded PE32 1 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim PE32 1.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about PE32 1. Free, with a one click sign in.
See every individual PE32 1 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.