Water Meadow Way - PE38 9HA
Key Street Insights
Water Meadow Way is a residential street with 25 addresses.
It ranks as the 542nd largest and 199th most expensive of the 727 streets in the PE38 area. The most common property type is a modern house built after 1980.
The street contains a total of 25 properties: 25 houses.
- Ave. Sale Price
- £229,263
- 10 Year change
- up 33.1%
- Ave. Rental Price
- £1,067pcm
- 10 Year change
- up 47.1%
- Ave. £ per ft²
- £194/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Street Insights
Water Meadow Way is a residential street with 25 addresses.
It ranks as the 542nd largest and 199th most expensive of the 727 streets in the PE38 area. The most common property type is a modern house built after 1980.
The street contains a total of 25 properties: 25 houses.
- Ave. Sale Price
- £229,263
- 10 Year change
- up 33.1%
- Ave. Rental Price
- £1,067pcm
- 10 Year change
- up 47.1%
- Ave. £ per ft²
- £194/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertieson Water Meadow Way, Downham Market, PE38
- 1 Water Meadow Way
3 Bed Modern House
- 2 Water Meadow Way
4 Bed Modern House
- 3 Water Meadow Way
3 Bed Modern House
- 4 Water Meadow Way
3 Bed Modern House
- 5 Water Meadow Way
3 Bed Modern House
Sales Market Trends
The last sale on Water Meadow Way sold for £248,000 on 12th February 2026. Since then prices are down an average of 1.1%.
The current average value in the street is £229,263.
The Water Meadow Way Sales Market has increased by 33.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.1% | £229,263 |
| June 2025 | -1.4% | £238,948 |
| June 2024 | -2.6% | £242,359 |
| June 2023 | 4.5% | £248,784 |
| June 2022 | 14.5% | £238,041 |
| June 2021 | 6.8% | £207,898 |
| June 2020 | 0.7% | £194,617 |
| June 2019 | -2.8% | £193,230 |
| June 2018 | 4.6% | £198,761 |
| June 2017 | 10.3% | £189,960 |
| June 2016 | 7.7% | £172,250 |
| June 2015 | 5% | £159,965 |
| June 2014 | 5.1% | £152,348 |
| June 2013 | 2.2% | £144,959 |
| June 2012 | 2.7% | £141,855 |
| June 2011 | -1.9% | £138,067 |
| June 2010 | 2.2% | £140,753 |
| June 2009 | -8.3% | £137,689 |
| June 2008 | 0.4% | £150,123 |
| June 2007 | 0% | £149,493 |
Rental Market Trends
The current average rental value in the street is £1,067.
The Water Meadow Way Rental Market has increased by 47.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1% | £1,067pcm |
| June 2025 | 3.2% | £1,057pcm |
| June 2024 | 7.8% | £1,024pcm |
| June 2023 | 6.5% | £950pcm |
| June 2022 | 10.2% | £892pcm |
| June 2021 | 5.3% | £810pcm |
| June 2020 | 1.5% | £769pcm |
| June 2019 | 0.4% | £758pcm |
| June 2018 | 2% | £755pcm |
| June 2017 | 1.9% | £739pcm |
| June 2016 | 5% | £725pcm |
| June 2015 | 4.9% | £691pcm |
| June 2014 | 3.3% | £658pcm |
| June 2013 | 3.6% | £637pcm |
| June 2012 | 0.2% | £615pcm |
| June 2011 | 3.6% | £614pcm |
| June 2010 | 5.1% | £592pcm |
| June 2009 | -4% | £563pcm |
| June 2008 | 0.8% | £587pcm |
| June 2007 | 0% | £582pcm |
Sales History
The last sale was on 12th February 2026 for £248,000 and since then the market in the area has decreased by 1.1%. The street has had a total of 56 sales since 1995.
Water Meadow Way, Downham Market, PE38 has seen 8 sales in the last three years and 4 sales in the last twelve months.
- Sold Feb 2026£248,000 | 4 Bed House6, Water Meadow Way, Downham Market, PE38 9HA6, Water Meadow Way, Downham Market, PE38 9HA
- Sold Oct 2025£223,000 | 3 Bed House33, Water Meadow Way, Downham Market, PE38 9HA33, Water Meadow Way, Downham Market, PE38 9HA
- Sold Sep 2025£226,000 | 4 Bed House8, Water Meadow Way, Downham Market, PE38 9HA8, Water Meadow Way, Downham Market, PE38 9HA
- Sold Aug 2025£255,000 | 3 Bed House23, Water Meadow Way, Downham Market, PE38 9HA23, Water Meadow Way, Downham Market, PE38 9HA
- Sold Apr 2025£240,000 | 3 Bed House4, Water Meadow Way, Downham Market, PE38 9HA4, Water Meadow Way, Downham Market, PE38 9HA
Top 3 Most Expensive Sales
- Sold Aug 2025£255,000 | 3 Bed House23, Water Meadow Way, Downham Market, PE38 9HA23, Water Meadow Way, Downham Market, PE38 9HA
- Sold Feb 2026£248,000 | 4 Bed House6, Water Meadow Way, Downham Market, PE38 9HA6, Water Meadow Way, Downham Market, PE38 9HA
- Sold Apr 2025£240,000 | 3 Bed House4, Water Meadow Way, Downham Market, PE38 9HA4, Water Meadow Way, Downham Market, PE38 9HA
Nearby Streets
Water Meadow Way, Downham Market, PE38 is the 542nd largest and the 199th most expensive street in the PE38 area.
- Otter Close, Downham Market, PE3818 Addresses|82 m away
- Bennett Street, Downham Market, PE3883 Addresses|89 m away
- Rushmeadow Crescent, Downham Market, PE3831 Addresses|123 m away
- Swan Terrace, Downham Market, PE3816 Addresses|136 m away
- Bulrush Avenue, Downham Market, PE3830 Addresses|142 m away
- Winnold Street, Downham Market, PE3845 Addresses|193 m away
Property Types
- 23 modern houses built after 1980
- 2 other addresses of unknown type
- modern house (23)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 23 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (21)
- G (0)
- D (1)
- No EPC (2)
Schools Nearby
- Nelson Academy500 m away
- Downham Market, Hillcrest Primary School1.7 km away
- Wimbotsham and Stow Academy2.1 km away
- Downham Market Academy1.5 km away
- Thomas Clarkson Academy14.6 km away
- The Wisbech Academy15.0 km away
More reading links
Public Transport Nearby
The closest station to Water Meadow Way, Downham Market, PE38 - PE38 9HA is Downham Market station, which is 400 metres away.
- Downham Market|400 m away
- Watlington|7.4 km away
- Littleport|16.5 km away
