Wainfleet Road - PE24 5ED
Key Postcode Insights
PE24 5ED is a residential postcode situated on Wainfleet Road, Burgh Le Marsh, Skegness, PE24 with 22 addresses.
It ranks as the 890th largest and 1044th 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 22 properties: 22 houses.
- Ave. Sale Price
- £316,249
- 10 Year change
- up 39.1%
- Ave. Rental Price
- £1,410pcm
- 10 Year change
- up 35.6%
- Ave. £ per ft²
- £208/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
PE24 5ED is a residential postcode situated on Wainfleet Road, Burgh Le Marsh, Skegness, PE24 with 22 addresses.
It ranks as the 890th largest and 1044th 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 22 properties: 22 houses.
- Ave. Sale Price
- £316,249
- 10 Year change
- up 39.1%
- Ave. Rental Price
- £1,410pcm
- 10 Year change
- up 35.6%
- Ave. £ per ft²
- £208/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin PE24 5ED
- Beech Lodge
Unknown
- Hall Lodge
Unknown
- Mount View
Unknown
- Oxford Lodge
3 Bed Modern House
- Sycamore Lodge
Unknown
Sales Market Trends
The last sale in PE24 5ED sold for £320,000 on 7th February 2025. Since then prices are down an average of 3.4%.
The current average value in the postcode is £316,249.
The PE24 5ED Sales Market has increased by 39.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.4% | £316,249 |
| June 2025 | -0.7% | £327,349 |
| June 2024 | -3.1% | £329,756 |
| June 2023 | 3.3% | £340,161 |
| June 2022 | 13.6% | £329,248 |
| June 2021 | 9.3% | £289,953 |
| June 2020 | 1.1% | £265,280 |
| June 2019 | 4.4% | £262,455 |
| June 2018 | 3.7% | £251,354 |
| June 2017 | 6.5% | £242,288 |
| June 2016 | 3.3% | £227,427 |
| June 2015 | 5.3% | £220,133 |
| June 2014 | 4.4% | £209,002 |
| June 2013 | -2.1% | £200,207 |
| June 2012 | 1% | £204,446 |
| June 2011 | -2.5% | £202,429 |
| June 2010 | 3.2% | £207,561 |
| June 2009 | -7.4% | £201,037 |
| June 2008 | -2.1% | £217,059 |
| June 2007 | 0% | £221,627 |
Rental Market Trends
The current average rental value in the postcode is £1,410.
The PE24 5ED Rental Market has increased by 35.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,410pcm |
| June 2025 | 5.2% | £1,371pcm |
| June 2024 | 2.4% | £1,303pcm |
| June 2023 | 5.5% | £1,273pcm |
| June 2022 | 8.6% | £1,207pcm |
| June 2021 | 3.8% | £1,111pcm |
| June 2020 | 0.2% | £1,071pcm |
| June 2019 | -0.1% | £1,068pcm |
| June 2018 | 0.5% | £1,070pcm |
| June 2017 | 2.3% | £1,064pcm |
| June 2016 | 2.7% | £1,040pcm |
| June 2015 | 3.5% | £1,012pcm |
| June 2014 | 1.1% | £978pcm |
| June 2013 | 0.8% | £968pcm |
| June 2012 | 0.7% | £960pcm |
| June 2011 | 1.8% | £953pcm |
| June 2010 | 10.8% | £937pcm |
| June 2009 | -3.7% | £846pcm |
| June 2008 | 1.2% | £878pcm |
| June 2007 | 0% | £867pcm |
Sales History
The last sale was on 7th February 2025 for £320,000 and since then the market in the area has decreased by 3.4%. The postcode has had a total of 26 sales since 1995.
PE24 5ED has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2025£320,000 | 4 Bed HouseThe Dormers, Wainfleet Road, Skegness, PE24 5EDThe Dormers, Wainfleet Road, Skegness, PE24 5ED
- Sold Apr 2021£319,950 | 3 Bed HouseOxford Lodge, Wainfleet Road, Skegness, PE24 5EDOxford Lodge, Wainfleet Road, Skegness, PE24 5ED
- Sold Feb 2015£130,000 | 2 Bed House4, Wainfleet Road, Skegness, PE24 5ED4, Wainfleet Road, Skegness, PE24 5ED
- Sold Sep 2014£240,000 | 4 Bed HouseThe Dormers, Wainfleet Road, Skegness, PE24 5EDThe Dormers, Wainfleet Road, Skegness, PE24 5ED
- Sold Sep 2013£192,000 | 3 Bed House14, Wainfleet Road, Skegness, PE24 5ED14, Wainfleet Road, Skegness, PE24 5ED
Nearby Postcodes
PE24 5ED is the 890th largest and the 1044th most expensive postcode out of the 1,182 postcodes in the PE24 area.
- PE24 5EE, Wainfleet Road, Burgh Le Marsh, Skegness, PE24PE24 5EE2 Addresses|74 m away
- PE24 5EQ, St. Pauls Close, Burgh Le Marsh, Skegness, PE24PE24 5EQ15 Addresses|89 m away
- PE24 5BT, Ash Close, Burgh Le Marsh, Skegness, PE24PE24 5BT9 Addresses|132 m away
- PE24 5BN, Wainfleet Road, Burgh Le Marsh, Skegness, PE24PE24 5BN14 Addresses|165 m away
- PE24 5EG, Elm Crescent, Burgh Le Marsh, Skegness, PE24PE24 5EG44 Addresses|166 m away
Property Types
- 4 period houses built between 1800 and 1911
- 3 modern houses built after 1980
- 4 mid-century houses built between 1936 and 1979
- 11 other addresses of unknown type
- period house (4)
- modern house (3)
- mid-century house (4)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (2)
- C (4)
- G (0)
- D (4)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Jan 2021£550,000 | 5 Bed HouseAutumn House, Wainfleet Road, Skegness, PE24 5AHAutumn House, Wainfleet Road, Skegness, PE24 5AH
- Sold Mar 2021£540,000 | 5 Bed HouseStrawberry Field House, Wainfleet Road, Skegness, PE24 5AHStrawberry Field House, Wainfleet Road, Skegness, PE24 5AH
- Sold Dec 2018£500,000 | 4 Bed HouseThe Chestnuts, Wainfleet Road, Skegness, PE24 5AHThe Chestnuts, Wainfleet Road, Skegness, PE24 5AH
Schools Nearby
- The St Peter and St Paul C of E Primary School100 m away
- Great Steeping Primary School5.7 km away
- The Wainfleet Magdalen Church of England/Methodist School5.9 km away
- Skegness Academy6.2 km away
- Skegness Grammar School6.5 km away
- King Edward VI Academy9.9 km away
More reading links
Public Transport Nearby
The closest station to PE24 5ED is Thorpe Culvert station, which is 4.9 kilometres away.
- Thorpe Culvert|4.9 km away
- Havenhouse|5.6 km away
- Wainfleet|6.1 km away
- Skegness|6.6 km away