Mill Lane - PE38 9QT
Key Postcode Insights
PE38 9QT is a residential postcode situated on Mill Lane, Southery, Downham Market, PE38 with 15 addresses.
It ranks as the 607th largest and 749th most expensive of the 970 postcodes in the PE38 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 15 properties: 15 houses.
- Ave. Sale Price
- £363,145
- 10 Year change
- up 33.5%
- Ave. Rental Price
- £1,449pcm
- 10 Year change
- up 47.5%
- Ave. £ per ft²
- £235/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
PE38 9QT is a residential postcode situated on Mill Lane, Southery, Downham Market, PE38 with 15 addresses.
It ranks as the 607th largest and 749th most expensive of the 970 postcodes in the PE38 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 15 properties: 15 houses.
- Ave. Sale Price
- £363,145
- 10 Year change
- up 33.5%
- Ave. Rental Price
- £1,449pcm
- 10 Year change
- up 47.5%
- Ave. £ per ft²
- £235/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin PE38 9QT
- Park Lodge
5 Bed Modern House
- Park View
5 Bed Modern House
- 1 Mill Lane
3 Bed Mid-century House
- 2 Mill Lane
House
- 3 Mill Lane
5 Bed Modern House
Sales Market Trends
The last sale in PE38 9QT sold for £160,000 on 28th March 2025. Since then prices are down an average of 4.5%.
The current average value in the postcode is £363,145.
The PE38 9QT Sales Market has increased by 33.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.2% | £363,145 |
| June 2025 | -1.5% | £379,024 |
| June 2024 | -2.5% | £384,771 |
| June 2023 | 4.7% | £394,754 |
| June 2022 | 14.2% | £376,893 |
| June 2021 | 7.1% | £330,166 |
| June 2020 | 0.8% | £308,367 |
| June 2019 | -2.6% | £306,021 |
| June 2018 | 4.5% | £314,192 |
| June 2017 | 10.5% | £300,571 |
| June 2016 | 7.5% | £272,043 |
| June 2015 | 4.7% | £252,960 |
| June 2014 | 5.1% | £241,695 |
| June 2013 | 2.1% | £230,026 |
| June 2012 | 2.6% | £225,194 |
| June 2011 | -1.6% | £219,501 |
| June 2010 | 3.2% | £223,098 |
| June 2009 | -7.7% | £216,158 |
| June 2008 | 0.2% | £234,298 |
| June 2007 | 0% | £233,797 |
Rental Market Trends
The current average rental value in the postcode is £1,449.
The PE38 9QT Rental Market has increased by 47.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £1,449pcm |
| June 2025 | 3.1% | £1,437pcm |
| June 2024 | 7.8% | £1,395pcm |
| June 2023 | 6.7% | £1,293pcm |
| June 2022 | 9.9% | £1,211pcm |
| June 2021 | 5.5% | £1,103pcm |
| June 2020 | 1.5% | £1,045pcm |
| June 2019 | 0.6% | £1,029pcm |
| June 2018 | 1.9% | £1,023pcm |
| June 2017 | 2.1% | £1,003pcm |
| June 2016 | 4.9% | £982pcm |
| June 2015 | 4.6% | £936pcm |
| June 2014 | 3.3% | £896pcm |
| June 2013 | 3.6% | £867pcm |
| June 2012 | 0.1% | £837pcm |
| June 2011 | 3.9% | £837pcm |
| June 2010 | 6.2% | £805pcm |
| June 2009 | -3.4% | £758pcm |
| June 2008 | 0.6% | £786pcm |
| June 2007 | 0% | £781pcm |
Sales History
The last sale was on 28th March 2025 for £160,000 and since then the market in the area has decreased by 4.5%. The postcode has had a total of 29 sales since 1995.
PE38 9QT has seen 6 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£160,000 | 3 Bed House8, Mill Lane, Downham Market, PE38 9QT8, Mill Lane, Downham Market, PE38 9QT
- Sold Jan 2025£366,000 | 4 Bed House16A, Mill Lane, Downham Market, PE38 9QT16A, Mill Lane, Downham Market, PE38 9QT
- Sold Jun 2024£385,000 | 4 Bed House14A, Mill Lane, Downham Market, PE38 9QT14A, Mill Lane, Downham Market, PE38 9QT
- Sold Dec 2023£275,000 | 4 Bed House16A, Mill Lane, Downham Market, PE38 9QT16A, Mill Lane, Downham Market, PE38 9QT
- Sold Mar 2023£335,000 | 4 Bed House16, Mill Lane, Downham Market, PE38 9QT16, Mill Lane, Downham Market, PE38 9QT
Nearby Postcodes
PE38 9QT is the 607th largest and the 749th most expensive postcode out of the 970 postcodes in the PE38 area.
- PE38 9RQ, Kingfisher Road, Downham Market, PE38PE38 9RQ54 Addresses|88 m away
- PE38 9RH, Goldfinch Close, Downham Market, PE38PE38 9RH12 Addresses|178 m away
- PE38 9QG, Lynn Road, Southery, Downham Market, PE38PE38 9QG14 Addresses|193 m away
- PE38 9WG, Leveret Gardens, Downham Market, PE38PE38 9WG14 Addresses|225 m away
- PE38 9UX, Stowfields, Downham Market, PE38PE38 9UX21 Addresses|231 m away
Property Types
- 2 period houses built between 1800 and 1911
- 9 modern houses built after 1980
- 3 mid-century houses built between 1936 and 1979
- 1 other address of unknown type
- period house (2)
- modern house (9)
- mid-century house (3)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is D.
- A (1)
- E (0)
- B (2)
- F (0)
- C (4)
- G (0)
- D (7)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Oct 2020£475,000 | 5 Bed House3, Mill Lane, Downham Market, PE38 9QT3, Mill Lane, Downham Market, PE38 9QT
- Sold May 2021£460,000 | 5 Bed HousePark Lodge, Mill Lane, Downham Market, PE38 9QTPark Lodge, Mill Lane, Downham Market, PE38 9QT
- Sold Jan 2018£435,000 | 5 Bed HousePark Lodge, Mill Lane, Downham Market, PE38 9QTPark Lodge, Mill Lane, Downham Market, PE38 9QT
Schools Nearby
- Downham Market, Hillcrest Primary School800 m away
- Nelson Academy800 m away
- Wimbotsham and Stow Academy1.1 km away
- Downham Market Academy700 m away
- Iceni Secondary Academy14.8 km away
- Thomas Clarkson Academy15.6 km away
More reading links
Public Transport Nearby
The closest station to PE38 9QT is Downham Market station, which is 1.5 kilometres away.
- Downham Market|1.5 km away
- Watlington|7.0 km away
- Kings Lynn|16.0 km away
- Littleport|17.1 km away
