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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PE38 0JYHouse Prices / East of England, King's Lynn and West Norfolk, Hilgay, Downham Market
Last updated May 2026
Key Postcode Insights
PE38 0JY is a residential postcode situated on Hilgay, Downham Market, PE38 with 8 addresses.
It ranks as the 365th largest and 812th most expensive of the 970 postcodes in the PE38 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 8 properties: 7 houses and 1 flat.
8
Properties
- Houses
- Flats
Key Postcode Insights
PE38 0JY is a residential postcode situated on Hilgay, Downham Market, PE38 with 8 addresses.
It ranks as the 365th largest and 812th most expensive of the 970 postcodes in the PE38 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 8 properties: 7 houses and 1 flat.
8
Properties
- Houses
- Flats
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House Pricesin PE38 0JY
Sale prices range from £170,308 for 3 bedroom Leasehold flats (938 ft2) to £614,831 for 5 bedroom freehold houses with a garden (2,551 ft2) .
Monthly rental prices range from £879 pcm for 3 bed flats to £2,462 pcm for 5 bed houses.
The gross rental yield is between 4.8% and 6.2%.
The average value per square foot is £324.
Average Sale Value
£365,512
Average Rental Value
£1,551 pcm
Average Rental Yield
5.1% /year
Average Value Per Sqft
£324 /ft2
Sales Market Trendsin PE38 0JY
The last sale in PE38 0JY sold for £4,797,480 on 12th May 2021. Since then prices are down an average of 0.0%.
The current average value in the postcode is £365,512.
The PE38 0JY Sales Market has increased by 39.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.8% | £365,512 |
| April 2025 | -0.9% | £368,379 |
| April 2024 | -3.1% | £371,606 |
| April 2023 | 5.6% | £383,564 |
| April 2022 | 13% | £363,295 |
| April 2021 | 5.6% | £321,531 |
| April 2020 | 0.9% | £304,364 |
| April 2019 | -1.3% | £301,680 |
| April 2018 | 5.7% | £305,747 |
| April 2017 | 10.2% | £289,350 |
| April 2016 | 5.4% | £262,632 |
| April 2015 | 5.8% | £249,186 |
| April 2014 | 4.6% | £235,571 |
| April 2013 | 1.8% | £225,136 |
| April 2012 | 2.4% | £221,142 |
| April 2011 | -1.8% | £215,988 |
| April 2010 | 3.1% | £219,978 |
| April 2009 | -10.9% | £213,453 |
| April 2008 | 2.4% | £239,502 |
| April 2007 | 0% | £233,978 |
Rental Market Trendsin PE38 0JY
The current average rental value in the postcode is £1,551.
The PE38 0JY Rental Market has increased by 47.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £1,551pcm |
| April 2025 | 4.5% | £1,528pcm |
| April 2024 | 5.9% | £1,462pcm |
| April 2023 | 8.6% | £1,380pcm |
| April 2022 | 5.8% | £1,271pcm |
| April 2021 | 5.5% | £1,202pcm |
| April 2020 | 1.9% | £1,140pcm |
| April 2019 | 0.1% | £1,118pcm |
| April 2018 | 2.5% | £1,117pcm |
| April 2017 | 3.8% | £1,090pcm |
| April 2016 | 5.5% | £1,050pcm |
| April 2015 | 2.9% | £995pcm |
| April 2014 | 3.7% | £968pcm |
| April 2013 | 3% | £933pcm |
| April 2012 | 2% | £906pcm |
| April 2011 | 2.8% | £889pcm |
| April 2010 | -0.4% | £864pcm |
| April 2009 | -6.6% | £868pcm |
| April 2008 | 3.5% | £929pcm |
| April 2007 | 0% | £898pcm |
Properties and Buildingsin PE38 0JY, Hilgay, Downham Market, PE38
- Ash Hill Farmhouse, Downham Market, PE38 0JY5 bed period house
- Gamekeepers Cottage, Downham Market, PE38 0JY3 bed period house
- Gardeners Cottage, Downham Market, PE38 0JY3 bed period house
- Gas House, Downham Market, PE38 0JY3 bed period house
- Rose Hill Farm, Downham Market, PE38 0JY
- The Retreat, Downham Market, PE38 0JY4 bed mid-century house
- Wood Hall, Hilgay, Downham Market, PE38 Period building2 units
Sales Historyin PE38 0JY
The last sale was on 12th May 2021 for £4,797,480 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
PE38 0JY has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto PE38 0JY
PE38 0JY is the 365th largest and the 812th most expensive postcode out of the 970 postcodes in the PE38 area.
- 775 mPE38 0JN, Ely Road, Hilgay, Downham Market, PE38PE38 0JN49 Addresses
- 777 mPE38 0JZ, Hubbards Drove, Hilgay, Downham Market, PE38PE38 0JZ16 Addresses
- 790 mPE38 0JW, Ely Road, Hilgay, Downham Market, PE38PE38 0JW4 Addresses
- 897 mPE38 0JX, Manby Close, Hilgay, Downham Market, PE38PE38 0JX8 Addresses
- 948 mPE38 0JP, Avenue Close, Hilgay, Downham Market, PE38PE38 0JP11 Addresses
- 974 mPE38 0HG, Church Road, Hilgay, Downham Market, PE38PE38 0HG4 Addresses
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Property Typesin PE38 0JY
- 6 period houses built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 1 other address of unknown type
- period house (6)
- mid-century house (1)
- Unknown (1)
Energy Efficiencyof properties in PE38 0JY
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The dominant rating is E.
- A (0)
- E (2)
- B (0)
- F (2)
- C (0)
- G (1)
- D (1)
- No EPC (2)
Top 3 Most Expensive Saleson Hilgay, Downham Market
Schools Nearbyto PE38 0JY
The nearest primary school to PE38 0JY is Hilgay Riverside Academy which is 1.0 kilometres away.
- 1.0kmHilgay Riverside Academy
- 3.1kmSouthery Academy
- 4.4kmDenver Voluntary Controlled Primary School
The nearest secondary school is Downham Market Academy which is 5.9 kilometres away.
- 5.9kmDownham Market Academy
- 10.9kmIceni Secondary Academy
- 12.1kmVista Academy Littleport
More reading links
Public Transport Nearbyto PE38 0JY
The closest station to PE38 0JY is Downham Market station which is 6.3 kilometres away.
- 6.3kmDownham Market
- 11.4kmLittleport
- 13.5kmShippea Hill
- 13.6kmWatlington
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