marketcodeAsking rent
£1,072 a month 12 months to Jul 2026
184 lets
Postcode district
PE38 rental market
Asking rent £1,072 a month · Gross yield 4.5% · 12 months, listings to Aug 2026
What is PE38?
- Buildings
- 4,796
- Mixed-use buildings
- 1.1%
- HMO-shaped units
- 2.0%
What does PE38 earn?
PE38: asking rent £1,072 a month (12 months to Jul 2026, 184 lets).
Gross yield, asking basis
4.5% 12 months to Aug 2026
266 lets
+14.9% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
41 on 20 Sep 2026
How does PE38 vary by home size?
Asking rent in PE38 runs from £871 a month for 2 bedrooms to £1,161 a month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | Not published | — | — | — |
| 2 bedrooms | £871 a month | 12 months to Aug 2026 | — | 106 |
| 3 bedrooms | £1,161 a month | 12 months to Aug 2026 | +14.2% on the previous 12 months | 114 |
| 4 bedrooms | Not published | — | — | — |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns PE38?
Corporate landlords hold 81% of the 256 units in PE38 whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords81% of classified · 208 units
- Individuals (not traceable in bulk)12% of classified · 31 units
- Housing associations4.3% of classified · 11 units
- RMC2.3% of classified · 6 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does PE38 rank?
PE38 ranks 6th of 8 postcode districts in King's Lynn and West Norfolk for asking rent, at £1,072 a month.
Asking rent · postcode districts in King's Lynn and West Norfolk
PE38 ranks 6th of 8 postcode districts in King's Lynn and West Norfolk for asking rent, at £1,072 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | IP26 | £1,580 a month | 183 | measured |
| 2 | PE31 | £1,214 a month | 112 | measured |
| 3 | PE36 | £1,212 a month | 54 | indicative |
| 4 | PE33 | £1,178 a month | 62 | indicative |
| 5 | PE32 | £1,081 a month | 60 | indicative |
| 6 | PE38 | £1,072 a month | 184 | measured |
Full table: asking rent across postcode districts in King's Lynn and West Norfolk →
Gross yield, asking basis · postcode districts in King's Lynn and West Norfolk
PE38 ranks 2nd of 9 postcode districts in King's Lynn and West Norfolk for gross yield, asking basis, at 4.5%.
Where next from PE38?
- King's Lynn and West NorfolkThe wider market this area sits in.
- IP26Neighbouring postcode district · £3,909/m²
- PE14Neighbouring postcode district · £2,713/m²
- PE30Neighbouring postcode district · £2,686/m²
- PE31Neighbouring postcode district · £3,781/m²
- PE32Neighbouring postcode district · £3,740/m²
- PE33Neighbouring postcode district · £2,981/m²
- PE34Neighbouring postcode district · £3,293/m²
- PE35Neighbouring postcode district
- CB6Next door, in another authority · £3,616/m²
- CB7Next door, in another authority · £3,669/m²
- IP27Next door, in another authority · £3,083/m²
- Homes for sale in PE38Live sale listings, the same place and cohort.
- Homes to rent in PE38Live lettings, the same place.
- Completed sales in PE38Registered completions, newest first.
- Planning applications in PE38Applications and decisions on record.
- Buildings in PE38Every building with its units, parcel and freeholder.
- Land in PE38Parcels, titles and adjacent ownership.
Questions about PE38
- What is the average rent in PE38?
- Homes to let in PE38 asked a median £1,072 a month over the 12 months to Jul 2026, 184 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in PE38?
- 4.5% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 266 lets. +14.9% on the previous 12 months.
Where these figures come from
| Figure | Dataset | Window | Last month | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 184 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 266 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 20 Sep 2026 | 20 Sep 2026 | — |