3.5% Below average
Rental Yield in PE38 — DOWNHAM MARKET
Rent data based on King’s Lynn and West Norfolk local authority median. Our methodology
Below average ↑ above East of England average (3.3%)
· ↓ below England average (3.6%)
£257,500
Median Price
£750
Monthly Rent
3.5%
Gross Yield
815
Transactions (3yr)
Price by Property Type
| Type | Median Price | Sales |
|---|---|---|
| Detached | £320,000 | 382 |
| Semi-detached | £227,500 | 189 |
| Terraced | £200,000 | 135 |
| Flat | £131,250 | 60 |
| Other | £231,954 | 49 |
Compare Nearby Postcodes
Compare PE38 side by side →PE38 is part of King’s Lynn and West Norfolk. View all postcode districts in King’s Lynn and West Norfolk.
Frequently Asked Questions
What is the rental yield in PE38?
PE38 has a gross rental yield of 3.5%. The median property price is £257,500 with typical monthly rents of £750, based on Land Registry and VOA data.
Is PE38 a good area for buy-to-let?
PE38 yields 3.5%, below the England average of 3.6%. The area may offer stronger capital growth. Compare with other postcodes in King’s Lynn and West Norfolk for alternatives.
What is the median property price in PE38?
The median property price in PE38 is £257,500, based on 815 Land Registry transactions over 3 years. This compares to £265,000 across King’s Lynn and West Norfolk as a whole.
Data updated quarterly · Last update: Q1 2026