PE38 9JQ is a residential postcode situated on Snape Lane, Downham Market, PE38 with 4 addresses.
It ranks as the 167th largest and 852nd most expensive of the 970 postcodes in the PE38 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 4 properties: 4 houses.
PE38 9JQ is a residential postcode situated on Snape Lane, Downham Market, PE38 with 4 addresses.
It ranks as the 167th largest and 852nd most expensive of the 970 postcodes in the PE38 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 4 properties: 4 houses.
Sale prices range from £303,875 for 3 bedroom freehold houses with a garden (941 ft2) to £388,396 for 4 bedroom freehold houses with a garden (1,463 ft2) .
Monthly rental prices range from £1,405 pcm for 3 bed houses to £1,655 pcm for 4 bed houses.
The gross rental yield is between 5.1% and 5.5%.
The average value per square foot is £272.
The last sale in PE38 9JQ sold for £216,000 on 18th September 2007. Since then prices are up an average of 57.4%.
The current average value in the postcode is £362,518.
The PE38 9JQ Sales Market has increased by 44.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.3% | £362,518 |
| April 2025 | -0.4% | £363,462 |
| April 2024 | -3.6% | £365,100 |
| April 2023 | 6.6% | £378,613 |
| April 2022 | 14.1% | £355,212 |
| April 2021 | 6.3% | £311,413 |
| April 2020 | 0.8% | £293,047 |
| April 2019 | -1.7% | £290,817 |
| April 2018 | 6% | £295,835 |
| April 2017 | 11% | £279,078 |
| April 2016 | 5.5% | £251,394 |
| April 2015 | 6.3% | £238,270 |
| April 2014 | 4.5% | £224,251 |
| April 2013 | 1.9% | £214,502 |
| April 2012 | 2.8% | £210,599 |
| April 2011 | -2.3% | £204,803 |
| April 2010 | 2.3% | £209,582 |
| April 2009 | -10.7% | £204,789 |
| April 2008 | 2.9% | £229,451 |
| April 2007 | 0% | £222,934 |
The current average rental value in the postcode is £1,583.
The PE38 9JQ Rental Market has increased by 52.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £1,583pcm |
| April 2025 | 4.9% | £1,552pcm |
| April 2024 | 5.6% | £1,480pcm |
| April 2023 | 9.3% | £1,402pcm |
| April 2022 | 6.5% | £1,283pcm |
| April 2021 | 6.1% | £1,205pcm |
| April 2020 | 2.1% | £1,136pcm |
| April 2019 | -0.2% | £1,112pcm |
| April 2018 | 2.8% | £1,114pcm |
| April 2017 | 4.5% | £1,084pcm |
| April 2016 | 6.1% | £1,037pcm |
| April 2015 | 3.3% | £978pcm |
| April 2014 | 4% | £947pcm |
| April 2013 | 3% | £911pcm |
| April 2012 | 2.3% | £884pcm |
| April 2011 | 2.5% | £864pcm |
| April 2010 | -1.2% | £842pcm |
| April 2009 | -6.7% | £853pcm |
| April 2008 | 3.9% | £914pcm |
| April 2007 | 0% | £879pcm |
The last sale was on 18th September 2007 for £216,000 and since then the market in the area has increased by 57.4%. The postcode has had a total of 3 sales since 1995.
PE38 9JQ has seen no sales in the last three years and no sales in the last twelve months.
PE38 9JQ is the 167th largest and the 852nd most expensive postcode out of the 970 postcodes in the PE38 area.
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The closest station to PE38 9JQ is Downham Market station which is 600 metres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around PE38 9JQ, 29.5% of property is privately owned with a mortgage and 27.4% is privately owned outright.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around PE38 9JQ, 18.0% of residents are recorded as possessing school level qualifications and 23.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around PE38 9JQ, the average age was 46.5 and the most common age was 72.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around PE38 9JQ, 0.3% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around PE38 9JQ, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.