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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PE24 5HWHouse Prices / East Midlands, East Lindsey, Faulkers Lane
Last updated May 2026
Key Postcode Insights
PE24 5HW is a residential postcode situated on Faulkers Lane, Burgh Le Marsh, Skegness, PE24 with 2 addresses.
It ranks as the 101st largest and 478th most expensive of the 529 postcodes in the PE24 area.
The postcode contains a total of 2 properties: 2 houses.
2
Properties
- Houses
Key Postcode Insights
PE24 5HW is a residential postcode situated on Faulkers Lane, Burgh Le Marsh, Skegness, PE24 with 2 addresses.
It ranks as the 101st largest and 478th most expensive of the 529 postcodes in the PE24 area.
The postcode contains a total of 2 properties: 2 houses.
2
Properties
- Houses
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House Pricesin PE24 5HW
Sale prices range from £347,157 for 4 bedroom freehold houses with a garden (1,377 ft2) to £380,059 for 4 bedroom freehold houses with a garden (1,629 ft2) .
Monthly rental prices range from £1,380 pcm for 4 bed houses to £1,482 pcm for 4 bed houses.
The gross rental yield is between 4.7% and 4.8%.
The average value per square foot is £243.
Average Sale Value
£363,608
Average Rental Value
£1,431 pcm
Average Rental Yield
4.7% /year
Average Value Per Sqft
£243 /ft2
Sales Market Trendsin PE24 5HW
The last sale in PE24 5HW sold for £200,000 on 23rd January 2014. Since then prices are up an average of 56.3%.
The current average value in the postcode is £363,608.
The PE24 5HW Sales Market has increased by 43.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.3% | £363,608 |
| April 2025 | -0.6% | £384,140 |
| April 2024 | -2.4% | £386,443 |
| April 2023 | 4.1% | £395,818 |
| April 2022 | 16.8% | £380,210 |
| April 2021 | 8.8% | £325,476 |
| April 2020 | 3.5% | £299,165 |
| April 2019 | 3.9% | £289,020 |
| April 2018 | 1.8% | £278,292 |
| April 2017 | 7.6% | £273,238 |
| April 2016 | 3% | £253,987 |
| April 2015 | 3.8% | £246,594 |
| April 2014 | 5.5% | £237,468 |
| April 2013 | 0.6% | £225,020 |
| April 2012 | 0.1% | £223,682 |
| April 2011 | -4.2% | £223,388 |
| April 2010 | -0.6% | £233,076 |
| April 2009 | -4.5% | £234,369 |
| April 2008 | -1.4% | £245,496 |
| April 2007 | 0% | £249,049 |
Rental Market Trendsin PE24 5HW
The current average rental value in the postcode is £1,431.
The PE24 5HW Rental Market has increased by 54.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.2% | £1,431pcm |
| April 2025 | 4.9% | £1,414pcm |
| April 2024 | 5.7% | £1,348pcm |
| April 2023 | 9.4% | £1,276pcm |
| April 2022 | 7.1% | £1,166pcm |
| April 2021 | 6% | £1,089pcm |
| April 2020 | 1.4% | £1,028pcm |
| April 2019 | 0.4% | £1,014pcm |
| April 2018 | 3.2% | £1,010pcm |
| April 2017 | 5.3% | £978pcm |
| April 2016 | 6.5% | £929pcm |
| April 2015 | 3.7% | £873pcm |
| April 2014 | 3.5% | £842pcm |
| April 2013 | 3.3% | £813pcm |
| April 2012 | 2.4% | £787pcm |
| April 2011 | 2.9% | £768pcm |
| April 2010 | -0.2% | £747pcm |
| April 2009 | -5.3% | £748pcm |
| April 2008 | 4.1% | £791pcm |
| April 2007 | 0% | £759pcm |
Explore Propertiesin PE24 5HW, Faulkers Lane, Burgh Le Marsh, Skegness, PE24
Sales Historyin PE24 5HW
The last sale was on 23rd January 2014 for £200,000 and since then the market in the area has increased by 56.3%. The postcode has had a total of 5 sales since 1995.
PE24 5HW has seen no sales in the last three years and no sales in the last twelve months.
Sold Jan 2014£200,000 | 4 Bed HouseFaulkers LaneFaulkers House, Faulkers Lane, Skegness, PE24 5HW
Sold Aug 2008£270,000 | 4 Bed HouseFaulkers LaneHolly Tree Cottage, Faulkers Lane, Skegness, PE24 5HW
Sold Jul 2003£199,950 | 4 Bed HouseFaulkers LaneFaulkers House, Faulkers Lane, Skegness, PE24 5HW
Sold Mar 2002£93,000 | 4 Bed HouseFaulkers LaneHolly Tree Cottage, Faulkers Lane, Skegness, PE24 5HW
Sold Dec 1997£81,500 | 4 Bed HouseFaulkers LaneFaulkers House, Faulkers Lane, Skegness, PE24 5HW
Nearby Postcodesto PE24 5HW
PE24 5HW is the 101st largest and the 478th most expensive postcode out of the 529 postcodes in the PE24 area.
- 667 mPE24 5HL, The Common, Burgh Le Marsh, Skegness, PE24PE24 5HL9 Addresses
- 968 mPE24 5JA, Marsh Lane, Orby, Skegness, PE24PE24 5JA5 Addresses
- 1.1 kmPE24 5HZ, Marsh Road, Orby, Skegness, PE24PE24 5HZ4 Addresses
- 1.1 kmPE24 5HN, Chalk Lane, Burgh Le Marsh, Skegness, PE24PE24 5HN1 Addresses
- 1.2 kmPE24 5HE, Ingoldmells Road, Burgh Le Marsh, Skegness, PE24PE24 5HE5 Addresses
- 1.2 kmPE24 5HH, The Common, Burgh Le Marsh, Skegness, PE24PE24 5HH6 Addresses
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Property Typesin PE24 5HW
- 2 houses of an unknown age
- house (2)
Energy Efficiencyof properties in PE24 5HW
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The dominant rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Saleson Faulkers Lane
Schools Nearbyto PE24 5HW
The nearest primary school to PE24 5HW is The St Peter and St Paul C of E Primary School which is 1.7 kilometres away.
- 1.7kmThe St Peter and St Paul C of E Primary School
- 5.8kmBeacon Primary Academy
- 5.8kmIngoldmells Academy
The nearest secondary school is Skegness Academy which is 5.9 kilometres away.
- 5.9kmSkegness Academy
- 6.2kmSkegness Grammar School
- 10.4kmJohn Spendluffe Foundation Technology College
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Public Transport Nearbyto PE24 5HW
The closest station to PE24 5HW is Skegness station which is 6.5 kilometres away.
- 6.5kmSkegness
- 6.7kmThorpe Culvert
- 6.8kmHavenhouse
- 7.8kmWainfleet
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