# PE38 9UB Area Summary
PE38 9UB covers part of Downham Market, a historic market town in Norfolk, situated conveniently between King's Lynn and Ely. This postcode area represents a relatively modest segment of the local property market with 79 properties and an average price of £157,109, positioning it well below the national average and making it an attractive option for first-time buyers and those seeking affordability in a rural setting.
The sub-£160,000 average price point reflects the area's character as a more budget-friendly location within Norfolk, offering good value compared to many parts of the UK. Downham Market benefits from practical amenities including its railway station providing direct links to Cambridge and King's Lynn, making it feasible for commuters whilst retaining a small-town atmosphere. The area appeals to those seeking traditional market town living with reasonable property prices, though buyers should be aware that such affordability often reflects more limited local employment opportunities and amenities compared to larger urban centres.
The property stock in PE38 9UB likely comprises a mix of traditional terraced housing, semi-detached properties, and some newer developments typical of Norfolk market towns, offering accessible homeownership in a community-focused environment.
The average house price in PE38 9UB, Downham Market is £157,109. Prices range from £25,300 to £275,000.
There are 79 properties in PE38 9UB, Downham Market.
PE38 9UB contains 39 detached properties, 24 terraced properties, 16 semi-detached properties.
Average house prices in PE38 9UB have risen by 68.6% from £133,425 in 2001 to £225,000 in 2024.
PE38 9UB is located in Downham Market, Norfolk, England.
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