Short Drove - PE38 9PU
Key Postcode Insights
PE38 9PU is a residential postcode situated on Short Drove, Downham Market, PE38 with 31 addresses.
It ranks as the 705th largest and 28th most expensive of the 970 postcodes in the PE38 area.
The postcode contains a total of 31 properties: 20 flats and 11 other properties.
- Ave. Sale Price
- £130,284
- 10 Year change
- up 19.4%
- Ave. Rental Price
- £653pcm
- 10 Year change
- up 31.9%
- Ave. £ per ft²
- £271/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
PE38 9PU is a residential postcode situated on Short Drove, Downham Market, PE38 with 31 addresses.
It ranks as the 705th largest and 28th most expensive of the 970 postcodes in the PE38 area.
The postcode contains a total of 31 properties: 20 flats and 11 other properties.
- Ave. Sale Price
- £130,284
- 10 Year change
- up 19.4%
- Ave. Rental Price
- £653pcm
- 10 Year change
- up 31.9%
- Ave. £ per ft²
- £271/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin PE38 9PU
- 1 Short Drove
Building  |  2 Flats
- 2 Short Drove
Building  |  2 Flats
- 3 Short Drove
Building  |  2 Flats
- 4 Short Drove
Building  |  2 Flats
- 5 Short Drove
Building  |  2 Flats
Sales Market Trends
The last sale in PE38 9PU sold for £525,000 on 17th August 2018. Since then prices are down an average of 0.0%.
The current average value in the postcode is £130,284.
The PE38 9PU Sales Market has increased by 19.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £130,284 |
| June 2025 | -2.3% | £133,680 |
| June 2024 | -1.7% | £136,781 |
| June 2023 | 2.9% | £139,215 |
| June 2022 | 11.4% | £135,232 |
| June 2021 | 3.1% | £121,430 |
| June 2020 | -0.1% | £117,741 |
| June 2019 | -2.8% | £117,874 |
| June 2018 | 3.5% | £121,274 |
| June 2017 | 7.4% | £117,219 |
| June 2016 | 6.1% | £109,155 |
| June 2015 | 4.3% | £102,868 |
| June 2014 | 3.8% | £98,608 |
| June 2013 | 0.9% | £94,983 |
| June 2012 | 2.7% | £94,110 |
| June 2011 | -2.1% | £91,659 |
| June 2010 | -0.5% | £93,582 |
| June 2009 | -10.4% | £94,091 |
| June 2008 | -1% | £105,001 |
| June 2007 | 0% | £106,073 |
Rental Market Trends
The current average rental value in the postcode is £653.
The PE38 9PU Rental Market has increased by 31.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £653pcm |
| June 2025 | 2.3% | £637pcm |
| June 2024 | 8.7% | £623pcm |
| June 2023 | 4.9% | £573pcm |
| June 2022 | 7.2% | £546pcm |
| June 2021 | 1.7% | £510pcm |
| June 2020 | 0.6% | £501pcm |
| June 2019 | 0.4% | £498pcm |
| June 2018 | 0.9% | £496pcm |
| June 2017 | -0.7% | £492pcm |
| June 2016 | 3.5% | £495pcm |
| June 2015 | 4.2% | £479pcm |
| June 2014 | 2.1% | £459pcm |
| June 2013 | 2.3% | £450pcm |
| June 2012 | 0.1% | £440pcm |
| June 2011 | 3.4% | £439pcm |
| June 2010 | 2.3% | £424pcm |
| June 2009 | -6.2% | £415pcm |
| June 2008 | -0.6% | £442pcm |
| June 2007 | 0% | £445pcm |
Sales History
The last sale was on 17th August 2018 for £525,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
PE38 9PU has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
PE38 9PU is the 705th largest and the 28th most expensive postcode out of the 970 postcodes in the PE38 area.
- PE38 9PT, Short Drove, Downham Market, PE38PE38 9PT11 Addresses|60 m away
- PE38 9RE, Guiltcross Way, Downham Market, PE38PE38 9RE31 Addresses|92 m away
- PE38 9UX, Stowfields, Downham Market, PE38PE38 9UX21 Addresses|102 m away
- PE38 9LY, Brock Mews, Downham Market, PE38PE38 9LY9 Addresses|104 m away
- PE38 9NT, Short Close, Downham Market, PE38PE38 9NT17 Addresses|113 m away
Property Types
- 31 other addresses of unknown type
- Unknown (31)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (20)
Top 3 Most Expensive Sales
- Sold Aug 2018£525,000 | 2 Bed Flat1 Ellas Place, Short Drove, Downham Market, PE38 9PU1 Ellas Place, Short Drove, Downham Market, PE38 9PU
- Sold Jun 2018£460,000 | 2 Bed Flat2 Ellas Place, Short Drove, Downham Market, PE38 9PU2 Ellas Place, Short Drove, Downham Market, PE38 9PU
- Sold May 2019£267,500 | 4 Bed House10, Short Drove, Downham Market, PE38 9PT10, Short Drove, Downham Market, PE38 9PT
Schools Nearby
- Nelson Academy500 m away
- Downham Market, Hillcrest Primary School900 m away
- Wimbotsham and Stow Academy1.3 km away
- Downham Market Academy800 m away
- Iceni Secondary Academy15.0 km away
- Thomas Clarkson Academy15.4 km away
More reading links
Public Transport Nearby
The closest station to PE38 9PU is Downham Market station, which is 1.2 kilometres away.
- Downham Market|1.2 km away
- Watlington|7.1 km away
- Kings Lynn|16.1 km away
- Littleport|16.9 km away
