Richmond Road - PE38 9TB
Key Postcode Insights
PE38 9TB is a residential postcode situated on Richmond Road, Downham Market, PE38 with 57 addresses.
It ranks as the 956th largest and 415th 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 57 properties: 57 houses.
- Ave. Sale Price
- £253,605
- 10 Year change
- up 32.9%
- Ave. Rental Price
- £1,023pcm
- 10 Year change
- up 46.9%
- Ave. £ per ft²
- £340/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
PE38 9TB is a residential postcode situated on Richmond Road, Downham Market, PE38 with 57 addresses.
It ranks as the 956th largest and 415th 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 57 properties: 57 houses.
- Ave. Sale Price
- £253,605
- 10 Year change
- up 32.9%
- Ave. Rental Price
- £1,023pcm
- 10 Year change
- up 46.9%
- Ave. £ per ft²
- £340/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin PE38 9TB
- 41 Richmond Road
3 Bed Modern House
- 43 Richmond Road
Unknown
- 45 Richmond Road
2 Bed Modern House
- 47 Richmond Road
3 Bed Modern House
- 49 Richmond Road
3 Bed Modern House
Sales Market Trends
The last sale in PE38 9TB sold for £285,000 on 29th April 2026. Since then prices are down an average of 1.2%.
The current average value in the postcode is £253,605.
The PE38 9TB Sales Market has increased by 32.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.8% | £253,605 |
| June 2025 | -1.5% | £263,718 |
| June 2024 | -2.5% | £267,695 |
| June 2023 | 4.4% | £274,647 |
| June 2022 | 14.8% | £263,063 |
| June 2021 | 6.5% | £229,166 |
| June 2020 | 0.8% | £215,163 |
| June 2019 | -2.9% | £213,421 |
| June 2018 | 4.6% | £219,685 |
| June 2017 | 10.1% | £210,096 |
| June 2016 | 7.8% | £190,826 |
| June 2015 | 5.3% | £176,976 |
| June 2014 | 5% | £168,129 |
| June 2013 | 2.3% | £160,160 |
| June 2012 | 2.9% | £156,595 |
| June 2011 | -2.1% | £152,212 |
| June 2010 | 1.5% | £155,444 |
| June 2009 | -8.6% | £153,093 |
| June 2008 | 0.1% | £167,506 |
| June 2007 | 0% | £167,309 |
Rental Market Trends
The current average rental value in the postcode is £1,023.
The PE38 9TB Rental Market has increased by 46.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.2% | £1,023pcm |
| June 2025 | 3.1% | £1,011pcm |
| June 2024 | 7.8% | £980pcm |
| June 2023 | 6.4% | £909pcm |
| June 2022 | 10.5% | £854pcm |
| June 2021 | 5% | £773pcm |
| June 2020 | 1.6% | £737pcm |
| June 2019 | 0.3% | £725pcm |
| June 2018 | 2% | £723pcm |
| June 2017 | 1.8% | £709pcm |
| June 2016 | 5.2% | £696pcm |
| June 2015 | 5.2% | £662pcm |
| June 2014 | 3.2% | £630pcm |
| June 2013 | 3.7% | £610pcm |
| June 2012 | 0.3% | £588pcm |
| June 2011 | 3.4% | £586pcm |
| June 2010 | 4.4% | £567pcm |
| June 2009 | -4.3% | £543pcm |
| June 2008 | 0.5% | £568pcm |
| June 2007 | 0% | £565pcm |
Sales History
The last sale was on 29th April 2026 for £285,000 and since then the market in the area has decreased by 1.2%. The postcode has had a total of 115 sales since 1995.
PE38 9TB has seen 14 sales in the last three years and 6 sales in the last twelve months.
- Sold Apr 2026£285,000 | 3 Bed House71, Richmond Road, Downham Market, PE38 9TB71, Richmond Road, Downham Market, PE38 9TB
- Sold Mar 2026£215,000 | 2 Bed House85, Richmond Road, Downham Market, PE38 9TB85, Richmond Road, Downham Market, PE38 9TB
- Sold Feb 2026£220,000 | 3 Bed House82, Richmond Road, Downham Market, PE38 9TB82, Richmond Road, Downham Market, PE38 9TB
- Sold Jan 2026£280,000 | 3 Bed House73, Richmond Road, Downham Market, PE38 9TB73, Richmond Road, Downham Market, PE38 9TB
- Sold Nov 2025£290,000 | 3 Bed House60, Richmond Road, Downham Market, PE38 9TB60, Richmond Road, Downham Market, PE38 9TB
Nearby Postcodes
PE38 9TB is the 956th largest and the 415th most expensive postcode out of the 970 postcodes in the PE38 area.
- PE38 9TD, Belsize Close, Downham Market, PE38PE38 9TD12 Addresses|25 m away
- PE38 9TG, Kew Road, Downham Market, PE38PE38 9TG32 Addresses|118 m away
- PE38 9TJ, Regent Road, Downham Market, PE38PE38 9TJ22 Addresses|152 m away
- PE38 9TN, Regent Road, Downham Market, PE38PE38 9TN19 Addresses|157 m away
- PE38 9TF, Alexandra Way, Downham Market, PE38PE38 9TF35 Addresses|170 m away
Property Types
- 41 modern houses built after 1980
- 2 houses of an unknown age
- 14 other addresses of unknown type
- modern house (41)
- house (2)
- Unknown (14)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 41 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (2)
- F (0)
- C (8)
- G (0)
- D (30)
- No EPC (16)
Top 3 Most Expensive Sales
- Sold Oct 2025£355,000 | 3 Bed House53, Richmond Road, Downham Market, PE38 9TB53, Richmond Road, Downham Market, PE38 9TB
- Sold Aug 2025£335,000 | 3 Bed House5, Richmond Road, Downham Market, PE38 9TA5, Richmond Road, Downham Market, PE38 9TA
- Sold Sep 2023£320,000 | 3 Bed House31, Richmond Road, Downham Market, PE38 9TA31, Richmond Road, Downham Market, PE38 9TA
Schools Nearby
- Nelson Academy1.1 km away
- Denver Voluntary Controlled Primary School1.3 km away
- Downham Market, Hillcrest Primary School1.8 km away
- Downham Market Academy1.5 km away
- Iceni Secondary Academy14.9 km away
- Thomas Clarkson Academy15.1 km away
More reading links
Public Transport Nearby
The closest station to PE38 9TB is Downham Market station, which is 700 metres away.
- Downham Market|700 m away
- Watlington|8.5 km away
- Littleport|15.5 km away
- Manea|17.0 km away
