Downham MarketPE38
King's Lynn and West Norfolk · East of England
PE38 encompasses Downham Market and surrounding areas in Norfolk, positioned in the 70th percentile nationally with a trajectory score of 53.5/100. Over the past five years, the district has recorded modest price growth at 1.9% compound annual rate, whilst rental growth has substantially outpaced this at 5.8% annually. Population expansion remains minimal at 0.4% over the five-year period, suggesting limited demographic change in the locality. The area is classified as latent stage gentrification, indicating early-stage characteristics without yet showing pronounced transformation markers. These dynamics reflect a market where rental yields have strengthened relative to capital appreciation, alongside stable but slowly growing residential demand.
Domain breakdown
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See plans from £20/moKey signals
- 1Property prices up 1.1% over 5 years (5yr CAGR)
- 2Rents growing at 5.8% per year
- 3Population growing at 0.4% per year
Nearby districts
What's changing in Downham Market · June 2026
The trajectory score moved down 1.1 points this month to 52/100, driven mainly by safety.
Downham Market (PE38) common questions
Is Downham Market up and coming?
Downham Market (PE38) has a trajectory score of 52/100 (Strong), placing it in the top 36% of postcode districts in England and Wales. The score is up 3.6 points over the last 12 months. The score combines price momentum, demand, transformation, economy, safety and risk signals from public data, updated monthly.
Is Downham Market safe?
Downham Market has a safety score of 89/100 on Praesago's index, based on police.uk recorded crime data.
What is the average house price in Downham Market?
The average property price in Downham Market (PE38) is £233k as of January 2026, based on UK House Price Index data. Prices have grown at 1.1% per year over the last five years.
What is the average rent in Downham Market?
The median monthly rent in Downham Market (PE38) is £917 (2026), based on ONS private rental data.
Which areas are near Downham Market?
Neighbouring postcode districts include Dunmow (CM6), King'S Lynn (PE33), King'S Lynn (PE34), King'S Lynn (PE30), Wisbech (PE14). Each has its own monthly data page on Praesago.
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Related reading
Disclaimer: Praesago provides data analytics and market intelligence. Nothing on this platform constitutes financial advice, investment advice, or a personal recommendation. Property values can fall as well as rise. Past performance does not predict future results. Seek independent financial and legal advice before making property investment decisions.