Railway Road - PE38 9EB
Key Postcode Insights
PE38 9EB is a residential postcode situated on Railway Road, Downham Market, PE38 with 35 addresses.
It ranks as the 882nd largest and 296th most expensive of the 970 postcodes in the PE38 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 35 properties: 24 houses and 11 flats.
- Ave. Sale Price
- £211,664
- 10 Year change
- up 29.0%
- Ave. Rental Price
- £968pcm
- 10 Year change
- up 42.5%
- Ave. £ per ft²
- £231/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
PE38 9EB is a residential postcode situated on Railway Road, Downham Market, PE38 with 35 addresses.
It ranks as the 882nd largest and 296th most expensive of the 970 postcodes in the PE38 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 35 properties: 24 houses and 11 flats.
- Ave. Sale Price
- £211,664
- 10 Year change
- up 29.0%
- Ave. Rental Price
- £968pcm
- 10 Year change
- up 42.5%
- Ave. £ per ft²
- £231/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin PE38 9EB
- 2A Railway Road
3 Bed House
- 2 Railway Road
3 Bed Period House
- 4 Railway Road
3 Bed Period House
- 6 Railway Road
3 Bed Period House
- 8 Railway Road
Unknown
Sales Market Trends
The last sale in PE38 9EB sold for £115,000 on 23rd May 2025. Since then prices are down an average of 3.0%.
The current average value in the postcode is £211,664.
The PE38 9EB Sales Market has increased by 29.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.2% | £211,664 |
| June 2025 | -1.7% | £218,687 |
| June 2024 | -2.3% | £222,380 |
| June 2023 | 4.1% | £227,694 |
| June 2022 | 13.4% | £218,654 |
| June 2021 | 5.8% | £192,736 |
| June 2020 | 0.5% | £182,216 |
| June 2019 | -3% | £181,241 |
| June 2018 | 4% | £186,820 |
| June 2017 | 9.4% | £179,614 |
| June 2016 | 7.4% | £164,108 |
| June 2015 | 4.7% | £152,857 |
| June 2014 | 4.6% | £145,946 |
| June 2013 | 1.6% | £139,495 |
| June 2012 | 2.5% | £137,287 |
| June 2011 | -1.9% | £133,939 |
| June 2010 | 1.2% | £136,501 |
| June 2009 | -9.3% | £134,913 |
| June 2008 | -0.4% | £148,718 |
| June 2007 | 0% | £149,364 |
Rental Market Trends
The current average rental value in the postcode is £968.
The PE38 9EB Rental Market has increased by 42.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £968pcm |
| June 2025 | 2.9% | £950pcm |
| June 2024 | 8.1% | £923pcm |
| June 2023 | 6.1% | £855pcm |
| June 2022 | 9.2% | £805pcm |
| June 2021 | 4.3% | £738pcm |
| June 2020 | 1.3% | £707pcm |
| June 2019 | 0.2% | £698pcm |
| June 2018 | 1.4% | £697pcm |
| June 2017 | 1.2% | £687pcm |
| June 2016 | 4.7% | £679pcm |
| June 2015 | 4.6% | £648pcm |
| June 2014 | 2.8% | £620pcm |
| June 2013 | 3% | £603pcm |
| June 2012 | 0% | £585pcm |
| June 2011 | 3.6% | £585pcm |
| June 2010 | 4.1% | £564pcm |
| June 2009 | -5.1% | £542pcm |
| June 2008 | -0.1% | £571pcm |
| June 2007 | 0% | £572pcm |
Sales History
The last sale was on 23rd May 2025 for £115,000 and since then the market in the area has decreased by 3.0%. The postcode has had a total of 73 sales since 1995.
PE38 9EB has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold May 2025£115,000 | 2 Bed FlatFlat 1, 50C, Railway Road, Downham Market, PE38 9EBFlat 1, 50C, Railway Road, Downham Market, PE38 9EB
- Sold Nov 2024£250,000 | 3 Bed House6, Railway Road, Downham Market, PE38 9EB6, Railway Road, Downham Market, PE38 9EB
- Sold Oct 2024£240,000 | 3 Bed House6, Railway Road, Downham Market, PE38 9EB6, Railway Road, Downham Market, PE38 9EB
- Sold Nov 2021£108,000 | 2 Bed FlatFlat 1, 50C, Railway Road, Downham Market, PE38 9EBFlat 1, 50C, Railway Road, Downham Market, PE38 9EB
- Sold Sep 2021£190,000 | 3 Bed House34, Railway Road, Downham Market, PE38 9EB34, Railway Road, Downham Market, PE38 9EB
Nearby Postcodes
PE38 9EB is the 882nd largest and the 296th most expensive postcode out of the 970 postcodes in the PE38 area.
- PE38 9DX, Railway Road, Downham Market, PE38PE38 9DX18 Addresses|40 m away
- PE38 9DZ, Clover Lane, Downham Market, PE38PE38 9DZ5 Addresses|75 m away
- PE38 9JA, The Paddocks, Downham Market, PE38PE38 9JA21 Addresses|98 m away
- PE38 9GP, Bluebell Close, Downham Market, PE38PE38 9GP18 Addresses|110 m away
- PE38 9EH, Porter Street, Downham Market, PE38PE38 9EH13 Addresses|116 m away
Property Types
- 16 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 9 modern flats built after 1980
- 4 houses of an unknown age
- 5 other addresses of unknown type
- period house (16)
- modern house (1)
- modern flat (9)
- house (4)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 23 properties.
- The most common rating is C.
- A (0)
- E (6)
- B (0)
- F (2)
- C (8)
- G (0)
- D (7)
- No EPC (12)
Top 3 Most Expensive Sales
- Sold Aug 2021£785,000 | 5 Bed House42, Railway Road, Downham Market, PE38 9EB42, Railway Road, Downham Market, PE38 9EB
- Sold May 2022£630,000 | 5 Bed House19, Railway Road, Downham Market, PE38 9DX19, Railway Road, Downham Market, PE38 9DX
- Sold Jan 2008£620,000 | 5 Bed House42, Railway Road, Downham Market, PE38 9EB42, Railway Road, Downham Market, PE38 9EB
Schools Nearby
- Nelson Academy600 m away
- Downham Market, Hillcrest Primary School1.6 km away
- Denver Voluntary Controlled Primary School1.8 km away
- Downham Market Academy1.3 km away
- Thomas Clarkson Academy14.9 km away
- Iceni Secondary Academy15.2 km away
More reading links
Public Transport Nearby
The closest station to PE38 9EB is Downham Market station, which is 200 metres away.
- Downham Market|200 m away
- Watlington|7.8 km away
- Littleport|16.0 km away
- Kings Lynn|16.9 km away
