Skegness Road - PE24 5LN
Key Postcode Insights
PE24 5LN is a residential postcode situated on Skegness Road, Burgh Le Marsh, Skegness, PE24 with 9 addresses.
It ranks as the 532nd largest and 90th most expensive of the 1,182 postcodes in the PE24 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 9 properties: 2 houses and 7 flats.
- Ave. Sale Price
- £116,459
- 10 Year change
- up 33.4%
- Ave. Rental Price
- £644pcm
- 10 Year change
- up 29.1%
- Ave. £ per ft²
- £136/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
PE24 5LN is a residential postcode situated on Skegness Road, Burgh Le Marsh, Skegness, PE24 with 9 addresses.
It ranks as the 532nd largest and 90th most expensive of the 1,182 postcodes in the PE24 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 9 properties: 2 houses and 7 flats.
- Ave. Sale Price
- £116,459
- 10 Year change
- up 33.4%
- Ave. Rental Price
- £644pcm
- 10 Year change
- up 29.1%
- Ave. £ per ft²
- £136/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin PE24 5LN
Sales Market Trends
The last sale in PE24 5LN sold for £7,373,349 on 7th March 2025. Since then prices are down an average of 0.0%.
The current average value in the postcode is £116,459.
The PE24 5LN Sales Market has increased by 33.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.3% | £116,459 |
| June 2025 | -1.1% | £119,203 |
| June 2024 | -2.6% | £120,520 |
| June 2023 | 2.6% | £123,741 |
| June 2022 | 12.3% | £120,598 |
| June 2021 | 8% | £107,352 |
| June 2020 | 1.2% | £99,423 |
| June 2019 | 3.7% | £98,242 |
| June 2018 | 3% | £94,720 |
| June 2017 | 5.3% | £91,933 |
| June 2016 | 2.5% | £87,283 |
| June 2015 | 4.7% | £85,159 |
| June 2014 | 3.9% | £81,342 |
| June 2013 | -2.4% | £78,264 |
| June 2012 | 0.6% | £80,203 |
| June 2011 | -2.8% | £79,697 |
| June 2010 | 0.9% | £82,031 |
| June 2009 | -9.4% | £81,274 |
| June 2008 | -2.2% | £89,739 |
| June 2007 | 0% | £91,728 |
Rental Market Trends
The current average rental value in the postcode is £644.
The PE24 5LN Rental Market has increased by 29.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £644pcm |
| June 2025 | 4.7% | £619pcm |
| June 2024 | 2.9% | £591pcm |
| June 2023 | 4.5% | £575pcm |
| June 2022 | 7.6% | £550pcm |
| June 2021 | 2.4% | £512pcm |
| June 2020 | 0.2% | £500pcm |
| June 2019 | -0.9% | £498pcm |
| June 2018 | -0.3% | £503pcm |
| June 2017 | 1.2% | £505pcm |
| June 2016 | 2% | £499pcm |
| June 2015 | 2.8% | £489pcm |
| June 2014 | 0.5% | £476pcm |
| June 2013 | 0.7% | £473pcm |
| June 2012 | 0.3% | £470pcm |
| June 2011 | 1.5% | £469pcm |
| June 2010 | 8.4% | £462pcm |
| June 2009 | -5.8% | £426pcm |
| June 2008 | 1.1% | £453pcm |
| June 2007 | 0% | £447pcm |
Sales History
The last sale was on 7th March 2025 for £7,373,349 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
PE24 5LN has seen 2 sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
PE24 5LN is the 532nd largest and the 90th most expensive postcode out of the 1,182 postcodes in the PE24 area.
- PE24 5AA, Skegness Road, Burgh Le Marsh, Skegness, PE24PE24 5AA2 Addresses|299 m away
- PE24 5LL, Skegness Road, Burgh Le Marsh, Skegness, PE24PE24 5LL46 Addresses|387 m away
- PE24 5BG, Cumberlidge Close, Burgh Le Marsh, Skegness, PE24PE24 5BG16 Addresses|761 m away
- PE24 5AF, Billgate Lane, Burgh Le Marsh, Skegness, PE24PE24 5AF3 Addresses|783 m away
- PE24 5BJ, Parkers Close, Burgh Le Marsh, Skegness, PE24PE24 5BJ21 Addresses|789 m away
Property Types
- 1 modern house built after 1980
- 8 other addresses of unknown type
- modern house (1)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Mar 2025£7,373,349 | 1 Bed Flat29 Sycamore Fishing Lakes , Skegness Road, Skegness, PE24 5LN29 Sycamore Fishing Lakes , Skegness Road, Skegness, PE24 5LN
- Sold Mar 2025£7,373,349 | 3 Bed HouseThe Sycamores, Skegness Road, Skegness, PE24 5LNThe Sycamores, Skegness Road, Skegness, PE24 5LN
- Sold May 2017£525,000 | 4 Bed HouseSt. Michaels Farm, Skegness Road, Skegness, PE24 5AASt. Michaels Farm, Skegness Road, Skegness, PE24 5AA
Schools Nearby
- The St Peter and St Paul C of E Primary School1.2 km away
- Beacon Primary Academy4.8 km away
- Skegness Infant Academy5.3 km away
- Skegness Academy4.9 km away
- Skegness Grammar School5.2 km away
- King Edward VI Academy11.2 km away
More reading links
Public Transport Nearby
The closest station to PE24 5LN is Havenhouse station, which is 5.0 kilometres away.
- Havenhouse|5.0 km away
- Skegness|5.4 km away
- Thorpe Culvert|5.6 km away
- Wainfleet|6.2 km away
