Culvert Road - PE24 4NE
Key Postcode Insights
PE24 4NE is a residential postcode situated on Culvert Road, Wainfleet, Skegness, PE24 with 2 addresses.
It ranks as the 100th largest and 650th most expensive of the 1,182 postcodes in the PE24 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £194,466
- 10 Year change
- up 36.6%
- Ave. Rental Price
- £947pcm
- 10 Year change
- up 34.8%
- Ave. £ per ft²
- £226/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
PE24 4NE is a residential postcode situated on Culvert Road, Wainfleet, Skegness, PE24 with 2 addresses.
It ranks as the 100th largest and 650th most expensive of the 1,182 postcodes in the PE24 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £194,466
- 10 Year change
- up 36.6%
- Ave. Rental Price
- £947pcm
- 10 Year change
- up 34.8%
- Ave. £ per ft²
- £226/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertiesin PE24 4NE
Sales Market Trends
The last sale in PE24 4NE sold for £116,500 on 6th June 2018. Since then prices are up an average of 23.9%.
The current average value in the postcode is £194,466.
The PE24 4NE Sales Market has increased by 36.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £194,466 |
| June 2025 | -0.5% | £200,425 |
| June 2024 | -3.6% | £201,428 |
| June 2023 | 2.4% | £208,882 |
| June 2022 | 13.8% | £203,907 |
| June 2021 | 8.7% | £179,186 |
| June 2020 | 1.5% | £164,780 |
| June 2019 | 3.5% | £162,396 |
| June 2018 | 3.8% | £156,939 |
| June 2017 | 6.2% | £151,155 |
| June 2016 | 3.2% | £142,394 |
| June 2015 | 5.2% | £137,924 |
| June 2014 | 4.5% | £131,133 |
| June 2013 | -0.9% | £125,545 |
| June 2012 | 0.4% | £126,668 |
| June 2011 | -2.2% | £126,204 |
| June 2010 | 3.6% | £129,035 |
| June 2009 | -9.6% | £124,539 |
| June 2008 | -1.7% | £137,757 |
| June 2007 | 0% | £140,073 |
Rental Market Trends
The current average rental value in the postcode is £947.
The PE24 4NE Rental Market has increased by 34.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £947pcm |
| June 2025 | 5.5% | £914pcm |
| June 2024 | 2.2% | £866pcm |
| June 2023 | 5% | £848pcm |
| June 2022 | 8.7% | £807pcm |
| June 2021 | 3.6% | £742pcm |
| June 2020 | 0.2% | £717pcm |
| June 2019 | -0.5% | £715pcm |
| June 2018 | 0.5% | £719pcm |
| June 2017 | 1.8% | £715pcm |
| June 2016 | 2.7% | £702pcm |
| June 2015 | 3.4% | £684pcm |
| June 2014 | 1% | £661pcm |
| June 2013 | 1.1% | £655pcm |
| June 2012 | 0.4% | £648pcm |
| June 2011 | 1.9% | £646pcm |
| June 2010 | 10.4% | £634pcm |
| June 2009 | -5.4% | £574pcm |
| June 2008 | 1.5% | £607pcm |
| June 2007 | 0% | £598pcm |
Sales History
The last sale was on 6th June 2018 for £116,500 and since then the market in the area has increased by 23.9%. The postcode has had a total of 5 sales since 1995.
PE24 4NE has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jun 2018£116,500 | 3 Bed HouseWatson Farm, Culvert Road, Skegness, PE24 4NEWatson Farm, Culvert Road, Skegness, PE24 4NE
- Sold May 2018£170,000 | 3 Bed HouseSt. Lukes School House, Culvert Road, Skegness, PE24 4NESt. Lukes School House, Culvert Road, Skegness, PE24 4NE
- Sold Oct 2014£109,500 | 3 Bed HouseSt. Lukes School House, Culvert Road, Skegness, PE24 4NESt. Lukes School House, Culvert Road, Skegness, PE24 4NE
- Sold Nov 2008£67,000 | 3 Bed HouseWatson Farm, Culvert Road, Skegness, PE24 4NEWatson Farm, Culvert Road, Skegness, PE24 4NE
- Sold Jul 2008£60,000 | 3 Bed HouseWatson Farm, Culvert Road, Skegness, PE24 4NEWatson Farm, Culvert Road, Skegness, PE24 4NE
Nearby Postcodes
PE24 4NE is the 100th largest and the 650th most expensive postcode out of the 1,182 postcodes in the PE24 area.
- PE24 4NF, Wainfleet Bank, Wainfleet, Skegness, PE24PE24 4NF1 Addresses|300 m away
- PE24 4JR, Wainfleet Bank, Wainfleet St. Mary, Skegness, PE24PE24 4JR1 Addresses|315 m away
- PE24 4NG, Lady Lane, Wainfleet, Skegness, PE24PE24 4NG9 Addresses|375 m away
- PE24 4NH, West Gate, Wainfleet, Skegness, PE24PE24 4NH2 Addresses|376 m away
- PE24 4JP, Wainfleet Bank, Wainfleet St. Mary, Skegness, PE24PE24 4JP11 Addresses|438 m away
Property Types
- 1 period house built between 1800 and 1911
- 1 house of an unknown age
- period house (1)
- house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is F.
- A (0)
- E (0)
- B (0)
- F (1)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Dec 2025£255,000 | 4 Bed HouseTudor Cottage, Culvert Road, Skegness, PE24 4NJTudor Cottage, Culvert Road, Skegness, PE24 4NJ
- Sold Jul 2007£186,000 | 3 Bed HouseHigh House, Culvert Road, Skegness, PE24 4NJHigh House, Culvert Road, Skegness, PE24 4NJ
- Sold Oct 2005£175,000 | 3 Bed HouseHigh House, Culvert Road, Skegness, PE24 4NJHigh House, Culvert Road, Skegness, PE24 4NJ
Schools Nearby
- The Wainfleet Magdalen Church of England/Methodist School2.8 km away
- Friskney All Saints Church of England Primary School4.4 km away
- Great Steeping Primary School5.5 km away
- King Edward VI Academy9.8 km away
- Skegness Academy10.1 km away
- Skegness Grammar School10.3 km away
More reading links
Public Transport Nearby
The closest station to PE24 4NE is Thorpe Culvert station, which is 1.2 kilometres away.
- Thorpe Culvert|1.2 km away
- Wainfleet|2.9 km away
- Havenhouse|5.4 km away
- Skegness|10.0 km away