PE24 5HY is a residential postcode situated on Orby, Skegness, PE24 with 7 addresses.
It ranks as the 264th largest and 404th most expensive of the 529 postcodes in the PE24 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 7 properties: 7 houses.
PE24 5HY is a residential postcode situated on Orby, Skegness, PE24 with 7 addresses.
It ranks as the 264th largest and 404th most expensive of the 529 postcodes in the PE24 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 7 properties: 7 houses.
Sale prices range from £214,261 for 3 bedroom freehold houses with a garden (1,194 ft2) to £279,957 for 4 bedroom freehold houses with a garden (1,571 ft2) .
Monthly rental prices range from £1,062 pcm for 3 bed houses to £1,259 pcm for 4 bed houses.
The gross rental yield is between 5.4% and 6.0%.
The average value per square foot is £178.
The last sale in PE24 5HY sold for £355,000 on 18th October 2019. Since then prices are down an average of 0.0%.
The current average value in the postcode is £270,572.
The PE24 5HY Sales Market has increased by 43.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.9% | £270,572 |
| April 2025 | -0.5% | £284,418 |
| April 2024 | -2.4% | £285,742 |
| April 2023 | 4% | £292,777 |
| April 2022 | 17% | £281,524 |
| April 2021 | 8.8% | £240,661 |
| April 2020 | 3.6% | £221,238 |
| April 2019 | 3.7% | £213,642 |
| April 2018 | 1.7% | £206,109 |
| April 2017 | 7.4% | £202,716 |
| April 2016 | 3% | £188,743 |
| April 2015 | 3.7% | £183,274 |
| April 2014 | 5.7% | £176,817 |
| April 2013 | 0.3% | £167,235 |
| April 2012 | -0.1% | £166,684 |
| April 2011 | -4.2% | £166,849 |
| April 2010 | -0.9% | £174,102 |
| April 2009 | -4.8% | £175,733 |
| April 2008 | -1.7% | £184,551 |
| April 2007 | 0% | £187,661 |
The current average rental value in the postcode is £1,231.
The PE24 5HY Rental Market has increased by 53.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £1,231pcm |
| April 2025 | 5% | £1,210pcm |
| April 2024 | 5.6% | £1,153pcm |
| April 2023 | 9.3% | £1,092pcm |
| April 2022 | 7.2% | £999pcm |
| April 2021 | 5.9% | £932pcm |
| April 2020 | 1.4% | £880pcm |
| April 2019 | 0.2% | £868pcm |
| April 2018 | 3.1% | £866pcm |
| April 2017 | 5% | £841pcm |
| April 2016 | 6.5% | £800pcm |
| April 2015 | 3.5% | £752pcm |
| April 2014 | 3.6% | £726pcm |
| April 2013 | 3.1% | £700pcm |
| April 2012 | 2.2% | £680pcm |
| April 2011 | 3% | £665pcm |
| April 2010 | -0.5% | £646pcm |
| April 2009 | -5.6% | £649pcm |
| April 2008 | 3.9% | £688pcm |
| April 2007 | 0% | £662pcm |
The last sale was on 18th October 2019 for £355,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
PE24 5HY has seen no sales in the last three years and no sales in the last twelve months.
PE24 5HY is the 264th largest and the 404th most expensive postcode out of the 529 postcodes in the PE24 area.
Be the first Estate
Agent here!
The closest station to PE24 5HY is Thorpe Culvert station which is 6.9 kilometres away.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around PE24 5HY, 61.7% of property is privately owned outright and 21.0% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around PE24 5HY, 10.9% of residents are recorded as possessing school level qualifications and 15.5% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around PE24 5HY, the average age was 48.9 and the most common age was 72.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around PE24 5HY, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around PE24 5HY, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.