Park Lane - PE38 9RN
Key Postcode Insights
PE38 9RN is a residential postcode situated on Park Lane, Downham Market, PE38 with 17 addresses.
It ranks as the 645th largest and 597th 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 17 properties: 17 houses.
- Ave. Sale Price
- £294,671
- 10 Year change
- up 33.4%
- Ave. Rental Price
- £1,179pcm
- 10 Year change
- up 47.4%
- Ave. £ per ft²
- £279/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
PE38 9RN is a residential postcode situated on Park Lane, Downham Market, PE38 with 17 addresses.
It ranks as the 645th largest and 597th 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 17 properties: 17 houses.
- Ave. Sale Price
- £294,671
- 10 Year change
- up 33.4%
- Ave. Rental Price
- £1,179pcm
- 10 Year change
- up 47.4%
- Ave. £ per ft²
- £279/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin PE38 9RN
- 1 Park Lane
4 Bed Modern House
- 2A Park Lane
3 Bed Modern House
- 2B Park Lane
3 Bed Modern House
- 2C Park Lane
3 Bed Modern House
- 2D Park Lane
3 Bed Modern House
Sales Market Trends
The last sale in PE38 9RN sold for £425,000 on 25th July 2025. Since then prices are down an average of 3.9%.
The current average value in the postcode is £294,671.
The PE38 9RN Sales Market has increased by 33.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.2% | £294,671 |
| June 2025 | -1.4% | £307,553 |
| June 2024 | -2.6% | £312,008 |
| June 2023 | 4.7% | £320,239 |
| June 2022 | 14.2% | £305,984 |
| June 2021 | 7% | £267,858 |
| June 2020 | 0.7% | £250,229 |
| June 2019 | -2.7% | £248,453 |
| June 2018 | 4.6% | £255,259 |
| June 2017 | 10.4% | £244,032 |
| June 2016 | 7.6% | £220,962 |
| June 2015 | 4.7% | £205,419 |
| June 2014 | 5.1% | £196,111 |
| June 2013 | 2.1% | £186,553 |
| June 2012 | 2.6% | £182,645 |
| June 2011 | -1.7% | £177,973 |
| June 2010 | 2.9% | £181,061 |
| June 2009 | -7.9% | £175,892 |
| June 2008 | 0.4% | £191,001 |
| June 2007 | 0% | £190,234 |
Rental Market Trends
The current average rental value in the postcode is £1,179.
The PE38 9RN Rental Market has increased by 47.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £1,179pcm |
| June 2025 | 3.1% | £1,169pcm |
| June 2024 | 7.8% | £1,134pcm |
| June 2023 | 6.7% | £1,052pcm |
| June 2022 | 9.9% | £986pcm |
| June 2021 | 5.5% | £897pcm |
| June 2020 | 1.5% | £850pcm |
| June 2019 | 0.5% | £838pcm |
| June 2018 | 2% | £833pcm |
| June 2017 | 2.1% | £817pcm |
| June 2016 | 4.9% | £800pcm |
| June 2015 | 4.6% | £763pcm |
| June 2014 | 3.3% | £729pcm |
| June 2013 | 3.6% | £705pcm |
| June 2012 | 0.1% | £681pcm |
| June 2011 | 3.8% | £680pcm |
| June 2010 | 5.9% | £655pcm |
| June 2009 | -3.6% | £619pcm |
| June 2008 | 0.8% | £642pcm |
| June 2007 | 0% | £637pcm |
Sales History
The last sale was on 25th July 2025 for £425,000 and since then the market in the area has decreased by 3.9%. The postcode has had a total of 23 sales since 1995.
PE38 9RN has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Jul 2025£425,000 | 4 Bed House11, Park Lane, Downham Market, PE38 9RN11, Park Lane, Downham Market, PE38 9RN
- Sold Mar 2023£245,000 | 3 Bed House4, Park Lane, Downham Market, PE38 9RN4, Park Lane, Downham Market, PE38 9RN
- Sold Jul 2021£188,000 | 3 Bed House2C, Park Lane, Downham Market, PE38 9RN2C, Park Lane, Downham Market, PE38 9RN
- Sold Jun 2021£226,000 | 3 Bed House2, Park Lane, Downham Market, PE38 9RN2, Park Lane, Downham Market, PE38 9RN
- Sold Dec 2020£325,000 | 3 Bed House3, Park Lane, Downham Market, PE38 9RN3, Park Lane, Downham Market, PE38 9RN
Nearby Postcodes
PE38 9RN is the 645th largest and the 597th most expensive postcode out of the 970 postcodes in the PE38 area.
- PE38 9TY, Russell Close, Downham Market, PE38PE38 9TY6 Addresses|53 m away
- PE38 9BP, London Road, Downham Market, PE38PE38 9BP12 Addresses|79 m away
- PE38 9RP, High Hatters Close, Downham Market, PE38PE38 9RP16 Addresses|100 m away
- PE38 9RW, Churchill Way, Downham Market, PE38PE38 9RW14 Addresses|108 m away
- PE38 9BN, Oakfield Close, Downham Market, PE38PE38 9BN13 Addresses|115 m away
Property Types
- 10 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 3 other addresses of unknown type
- modern house (10)
- mid-century house (2)
- house (1)
- early-century house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (8)
- F (0)
- C (2)
- G (0)
- D (3)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Mar 2025£525,000 | 4 Bed House19A, Park Lane, Downham Market, PE38 9SH19A, Park Lane, Downham Market, PE38 9SH
- Sold Mar 2025£525,000 | 4 Bed House19B, Park Lane, Downham Market, PE38 9SH19B, Park Lane, Downham Market, PE38 9SH
- Sold May 2005£480,000 | 5 Bed House39, Park Lane, Downham Market, PE38 9SH39, Park Lane, Downham Market, PE38 9SH
Schools Nearby
- Denver Voluntary Controlled Primary School800 m away
- Nelson Academy1.2 km away
- Downham Market, Hillcrest Primary School1.5 km away
- Downham Market Academy1.2 km away
- Iceni Secondary Academy14.3 km away
- Thomas Clarkson Academy15.7 km away
More reading links
Public Transport Nearby
The closest station to PE38 9RN is Downham Market station, which is 1.2 kilometres away.
- Downham Market|1.2 km away
- Watlington|8.6 km away
- Littleport|15.4 km away
- Manea|17.3 km away
