As the London market stumbles, King’s Lynn stands firm. Easter Marketing update for Kings Lynn
Spring has arrived in King's Lynn, bringing renewed energy to the property market. With increased buyer activity and a steady influx of new listings, the local housing scene is showing signs of robust health.
📊 Market Activity Overview
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Properties Available: Approximately 390 properties on the market, maintaining consistency with recent months.
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New Listings: 68 new properties listed in March, a slight rise from February’s 64.
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Sales Agreed: 62 sales agreed, up from 59 in February — indicating rising buyer confidence.
💰 Pricing Trends
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Average House Price: £274,000 (as of Dec 2024), up 3.8% year-on-year. (ONS Data)
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Price Reductions: 35 in March, down from 40 in February — showing improved pricing strategies.
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Slow Movers: 280 properties on the market for over 12 weeks, slightly fewer than last month.
📈 Buyer Engagement
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Online Interest: Average of 52 daily views per property on Rightmove — a small but steady rise.
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Rental Market: Average monthly rent is £881 (Jan 2025), marking an 11.1% annual increase.
🏠 Property Types and Prices
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Detached: £374,000
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Semi-Detached: £250,000
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Terraced: £205,000
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Flats/Maisonettes: £123,000
🔍 Market Insights
The King’s Lynn property market remains active and resilient. With steady listings, rising sale volumes, and increased buyer interest, both sellers and buyers are finding value and opportunity.
More information can be found here for a specific area of Kings Lynn
https://kingslynnproperty.co.uk/pages/market-report-for-kings-lynn-area
📞 Thinking of Making a Move?
Whether you're buying, selling, or just exploring your options, now is a great time to take the next step.
👉 Get in touch with our expert team today for a free, no-obligation valuation or tailored market advice.
Let’s make your property goals a reality this spring!
📧 Contact Us | 📞 01553 670179 | 🏢 Visit us at My House Online Ltd, Unit 4, Riverside Business Centre, Kings Lynn, Norfolk, PE30 2HD.
