Local market reports › PE area › PE38 › PE38 0
Salters Lode market report PE38 0, Downham Market
The PE38 0 (Salters Lode) house price history in full, 1995 to 2026, in cash and in today's money. Every figure on this page comes from the public record: 2,575 sales registered with HM Land Registry in PE38 0 (Downham Market) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: a typical PE38 0 (Downham Market) home changed hands for £255,000 in 2026 (median of 25 registered sales, down 6% on five years earlier), with the mean at £313,800, and by floor area homes here have averaged about £2,750 per square metre over the last five years. Source: 2,575 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
PE38 0 is a postcode sector: one group of streets inside PE38 (Downham Market). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where PE38 0 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
Today's PE38 0 prices, from the sold record
25 sales were registered in PE38 0 in 2026, and the middle one of them, the median, went for £255,000. The mean works out at £313,800, a long way above it, which tells you a few very expensive sales are pulling the average up.
Price per square metre in PE38 0
The last five years of sales put PE38 0 at roughly £2,750 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
Against a national (England and Wales) median of £285,000, PE38 0 runs 11% below it.
The price of a typical PE38 0 home, 1995 to 2026
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £255,000 | £255,000 | 25 |
| 2025 | £290,000 | £296,935 | 55 |
| 2024 | £275,000 | £292,381 | 74 |
| 2023 | £265,400 | £291,610 | 69 |
| 2022 | £272,500 | £319,537 | 76 |
| 2021 | £272,500 | £345,020 | 95 |
| 2020 | £247,500 | £321,136 | 62 |
| 2019 | £250,000 | £327,690 | 90 |
| 2018 | £226,000 | £301,262 | 73 |
| 2017 | £222,500 | £303,468 | 71 |
| 2016 | £176,000 | £246,226 | 89 |
| 2015 | £167,700 | £236,960 | 88 |
| 2014 | £160,000 | £226,988 | 89 |
| 2013 | £152,000 | £218,713 | 67 |
| 2012 | £145,800 | £214,599 | 44 |
| 2011 | £142,000 | £214,365 | 47 |
| 2010 | £150,000 | £235,239 | 53 |
| 2009 | £162,000 | £260,416 | 69 |
| 2008 | £154,200 | £252,766 | 44 |
| 2007 | £169,500 | £287,519 | 117 |
| 2006 | £156,500 | £271,664 | 104 |
| 2005 | £175,000 | £311,429 | 78 |
| 2004 | £140,000 | £254,267 | 101 |
| 2003 | £128,000 | £235,807 | 103 |
| 2002 | £100,000 | £188,149 | 121 |
| 2001 | £68,500 | £131,688 | 114 |
| 2000 | £68,000 | £133,450 | 91 |
| 1999 | £66,000 | £131,535 | 108 |
| 1998 | £56,500 | £114,049 | 100 |
| 1997 | £59,900 | £122,843 | 110 |
| 1996 | £42,000 | £88,576 | 83 |
| 1995 | £43,000 | £93,475 | 65 |
In cash terms the typical PE38 0 home went from £43,000 in 1995 to £255,000 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 173%: homes here genuinely became dearer, not merely more expensive on paper. The real-terms peak came in 2021, and today's median remains roughly 26% under it: a 2021 buyer is still waiting to get that price back in today's money.
Year-on-year change in the PE38 0 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+46.0% on the year before); the weakest, 2026 (−12.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What PE38 0 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −12.1% | −14.1% |
| 5 years (since 2021) | −1.3% | −5.9% |
| 10 years (since 2016) | +3.8% | +0.4% |
| 20 years (since 2006) | +2.5% | −0.3% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
The turnover behind the prices
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
PE38 0 recorded 25 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 104 sales a year before the financial crisis and 60 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
Reading the PE38 0 market
Only 25 sales completed here in the last twelve months of data, which makes PE38 0 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing.
What tenants pay around PE38 0
For renting purposes PE38 0 sits in King's Lynn and West Norfolk. The ONS average private rent there is £935 a month (May 2026). A one-bed averages £646 a month here and a four-or-more-bed £1,502, so size does most of the work in setting the rent.
Average monthly rent by size, King's Lynn and West Norfolk
ONS Price Index of Private Rents, May 2026.
Against the £255,000 median purchase price, a rent of £935 a month (£11,220 a year) works out at a 4.4% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
PE38 0 (Salters Lode): the questions that come up
How much did a house sell for in PE38 0 (Salters Lode)?
Are property prices falling in PE38 0 (Salters Lode)?
Is PE38 0 (Salters Lode) a good place to buy a house?
Are PE38 0 prices heading up or down?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is down 6% over five years in cash but down 26% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.
On the market in PE38 today
The live side of the market holds 76 homes at the moment, listed by 4 agents publishing to HomesIndex.
These cover the whole PE38 district, not just PE38 0: live asking prices are collected per district.
36% of current listings sit under the prices comparable homes actually fetched. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Stocks Hill, Hilgay, Downham Market, ...
- Lynn Road, Downham Market
- Hills Court, Hilgay, Downham Market, ...
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every PE38 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
The price of an extra bedroom in PE
What homes of each size actually sold for across the PE area, from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £245,000 | £338,000 (+38%) | £482,750 (+43%) | £645,000 (+34%) |
| Semi-detached | £187,000 | £220,000 (+18%) | £257,500 (+17%) | £340,000 (+32%) | £455,000 (+34%) |
| Terraced | £170,000 | £195,000 (+15%) | £225,000 (+15%) | £300,000 (+33%) | £465,000 (+55%) |
| Flat | £120,000 | £155,500 (+30%) | £230,000 (+48%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the PE area is the point: the same five years treated these districts very differently.
Five-year change in the median, PE area districts
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in PE38
A few minutes' walk can separate two very different markets. Here are PE38's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| PE38 9 | £260,000 | 98 |
Zoom out to the full PE38 district report for the type split, monthly volumes and how PE38 compares with its neighbours.
Thinking of selling in PE38 0? Get a rough value first
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at PE38 0's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Estate agents working PE38 0: the featured spot on this report is free for founding agents, one per district. Claim PE38 0.
Go deeper
Behind the answers sits the same Land Registry record as this page, with PE38 0 already set as the subject. Free, one click sign in.
The live map plots every individual PE38 0 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.