Railway Road - PE38 9EW
Key Postcode Insights
PE38 9EW is a residential postcode situated on Railway Road, Downham Market, PE38 with 4 addresses.
It ranks as the 165th largest and 164th 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 4 properties: 4 houses.
- Ave. Sale Price
- £191,218
- 10 Year change
- up 32.6%
- Ave. Rental Price
- £922pcm
- 10 Year change
- up 46.5%
- Ave. £ per ft²
- £237/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
PE38 9EW is a residential postcode situated on Railway Road, Downham Market, PE38 with 4 addresses.
It ranks as the 165th largest and 164th 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 4 properties: 4 houses.
- Ave. Sale Price
- £191,218
- 10 Year change
- up 32.6%
- Ave. Rental Price
- £922pcm
- 10 Year change
- up 46.5%
- Ave. £ per ft²
- £237/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertiesin PE38 9EW
- 1 Gately Cottage Railway Road
3 Bed Period House
- 2 Gately Cottage Railway Road
3 Bed Period House
- Haigh Haven
Unknown
- New Maltings Bungalow
2 Bed Mid-century House
Sales Market Trends
The last sale in PE38 9EW sold for £255,000 on 1st December 2023. Since then prices are down an average of 4.0%.
The current average value in the postcode is £191,218.
The PE38 9EW Sales Market has increased by 32.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.3% | £191,218 |
| June 2025 | -1.8% | £197,744 |
| June 2024 | -2.4% | £201,294 |
| June 2023 | 4.2% | £206,140 |
| June 2022 | 15.4% | £197,741 |
| June 2021 | 5.8% | £171,350 |
| June 2020 | 1.1% | £162,003 |
| June 2019 | -2.9% | £160,203 |
| June 2018 | 4.3% | £165,052 |
| June 2017 | 9.7% | £158,239 |
| June 2016 | 8.2% | £144,226 |
| June 2015 | 5.8% | £133,353 |
| June 2014 | 4.6% | £126,051 |
| June 2013 | 2.5% | £120,498 |
| June 2012 | 3.2% | £117,556 |
| June 2011 | -2.4% | £113,942 |
| June 2010 | 0.2% | £116,714 |
| June 2009 | -9.2% | £116,458 |
| June 2008 | -0.9% | £128,206 |
| June 2007 | 0% | £129,313 |
Rental Market Trends
The current average rental value in the postcode is £922.
The PE38 9EW Rental Market has increased by 46.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £922pcm |
| June 2025 | 2.8% | £906pcm |
| June 2024 | 8% | £881pcm |
| June 2023 | 6.2% | £816pcm |
| June 2022 | 11.1% | £768pcm |
| June 2021 | 4.3% | £691pcm |
| June 2020 | 1.9% | £663pcm |
| June 2019 | 0.3% | £651pcm |
| June 2018 | 1.7% | £649pcm |
| June 2017 | 1.4% | £638pcm |
| June 2016 | 5.5% | £629pcm |
| June 2015 | 5.7% | £597pcm |
| June 2014 | 2.8% | £564pcm |
| June 2013 | 3.9% | £549pcm |
| June 2012 | 0.6% | £528pcm |
| June 2011 | 3.1% | £525pcm |
| June 2010 | 3.1% | £509pcm |
| June 2009 | -4.9% | £494pcm |
| June 2008 | -0.5% | £519pcm |
| June 2007 | 0% | £522pcm |
Sales History
The last sale was on 1st December 2023 for £255,000 and since then the market in the area has decreased by 4.0%. The postcode has had a total of 4 sales since 1995.
PE38 9EW has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Dec 2023£255,000 | 3 Bed House1 Gately Cottage, Railway Road, Downham Market, PE38 9EW1 Gately Cottage, Railway Road, Downham Market, PE38 9EW
- Sold Jun 2023£133,000 | 2 Bed HouseNew Maltings Bungalow, Railway Road, Downham Market, PE38 9EWNew Maltings Bungalow, Railway Road, Downham Market, PE38 9EW
- Sold Nov 2018£176,500 | 3 Bed House1 Gately Cottage, Railway Road, Downham Market, PE38 9EW1 Gately Cottage, Railway Road, Downham Market, PE38 9EW
- Sold Jan 2017£147,500 | 3 Bed House1 Gately Cottage, Railway Road, Downham Market, PE38 9EW1 Gately Cottage, Railway Road, Downham Market, PE38 9EW
Nearby Postcodes
PE38 9EW is the 165th largest and the 164th most expensive postcode out of the 970 postcodes in the PE38 area.
- PE38 9EY, Heather Court, Downham Market, PE38PE38 9EY8 Addresses|34 m away
- PE38 9ES, Daisy Lane, Downham Market, PE38PE38 9ES30 Addresses|62 m away
- PE38 9EL, Railway Road, Downham Market, PE38PE38 9EL24 Addresses|89 m away
- PE38 9EF, Brickfields Lane, Downham Market, PE38PE38 9EF13 Addresses|105 m away
- PE38 9ED, Brickfields Lane, Downham Market, PE38PE38 9ED3 Addresses|137 m away
Property Types
- 2 period houses built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 1 other address of unknown type
- period house (2)
- mid-century house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (3)
- No EPC (1)
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 Academy800 m away
- Downham Market, Hillcrest Primary School1.8 km away
- Denver Voluntary Controlled Primary School1.9 km away
- Downham Market Academy1.6 km away
- Thomas Clarkson Academy14.7 km away
- The Wisbech Academy15.1 km away
More reading links
Public Transport Nearby
The closest station to PE38 9EW is Downham Market station, which is 200 metres away.
- Downham Market|200 m away
- Watlington|7.9 km away
- Littleport|16.0 km away
- Kings Lynn|17.0 km away
