Storeys Lane - PE24 5LR
Key Postcode Insights
PE24 5LR is a residential postcode situated on Storeys Lane, Burgh Le Marsh, Skegness, PE24 with 28 addresses.
It ranks as the 966th largest and 769th most expensive of the 1,182 postcodes in the PE24 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 houses.
- Ave. Sale Price
- £223,589
- 10 Year change
- up 39.0%
- Ave. Rental Price
- £1,012pcm
- 10 Year change
- up 35.5%
- Ave. £ per ft²
- £246/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
PE24 5LR is a residential postcode situated on Storeys Lane, Burgh Le Marsh, Skegness, PE24 with 28 addresses.
It ranks as the 966th largest and 769th most expensive of the 1,182 postcodes in the PE24 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 houses.
- Ave. Sale Price
- £223,589
- 10 Year change
- up 39.0%
- Ave. Rental Price
- £1,012pcm
- 10 Year change
- up 35.5%
- Ave. £ per ft²
- £246/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin PE24 5LR
- Quincy
3 Bed Mid-century House
- 1 Storeys Lane
4 Bed Mid-century House
- 2A Storeys Lane
2 Bed Modern House
- 2 Storeys Lane
2 Bed Early-century House
- 3 Storeys Lane
House
Sales Market Trends
The last sale in PE24 5LR sold for £202,500 on 9th April 2025. Since then prices are down an average of 2.7%.
The current average value in the postcode is £223,589.
The PE24 5LR Sales Market has increased by 39.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.2% | £223,589 |
| June 2025 | -0.7% | £230,953 |
| June 2024 | -3.1% | £232,493 |
| June 2023 | 3.2% | £239,879 |
| June 2022 | 13.6% | £232,505 |
| June 2021 | 9.3% | £204,674 |
| June 2020 | 1% | £187,265 |
| June 2019 | 4.3% | £185,354 |
| June 2018 | 3.8% | £177,660 |
| June 2017 | 6.4% | £171,172 |
| June 2016 | 3.3% | £160,903 |
| June 2015 | 5.3% | £155,765 |
| June 2014 | 4.4% | £147,928 |
| June 2013 | -2% | £141,755 |
| June 2012 | 0.9% | £144,676 |
| June 2011 | -2.4% | £143,405 |
| June 2010 | 3.1% | £146,971 |
| June 2009 | -8% | £142,510 |
| June 2008 | -2% | £154,891 |
| June 2007 | 0% | £158,033 |
Rental Market Trends
The current average rental value in the postcode is £1,012.
The PE24 5LR Rental Market has increased by 35.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,012pcm |
| June 2025 | 5.3% | £981pcm |
| June 2024 | 2.3% | £932pcm |
| June 2023 | 5.3% | £911pcm |
| June 2022 | 8.6% | £865pcm |
| June 2021 | 3.8% | £796pcm |
| June 2020 | 0.2% | £767pcm |
| June 2019 | -0.2% | £765pcm |
| June 2018 | 0.6% | £767pcm |
| June 2017 | 2.2% | £763pcm |
| June 2016 | 2.7% | £747pcm |
| June 2015 | 3.4% | £727pcm |
| June 2014 | 1.1% | £703pcm |
| June 2013 | 0.9% | £695pcm |
| June 2012 | 0.5% | £689pcm |
| June 2011 | 1.8% | £685pcm |
| June 2010 | 10.7% | £673pcm |
| June 2009 | -4.3% | £608pcm |
| June 2008 | 1.3% | £636pcm |
| June 2007 | 0% | £627pcm |
Sales History
The last sale was on 9th April 2025 for £202,500 and since then the market in the area has decreased by 2.7%. The postcode has had a total of 34 sales since 1995.
PE24 5LR has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Apr 2025£202,500 | 4 Bed House13, Storeys Lane, Skegness, PE24 5LR13, Storeys Lane, Skegness, PE24 5LR
- Sold Feb 2025£397,500 | 4 Bed House15, Storeys Lane, Skegness, PE24 5LR15, Storeys Lane, Skegness, PE24 5LR
- Sold May 2024£165,000 | 3 Bed House31, Storeys Lane, Skegness, PE24 5LR31, Storeys Lane, Skegness, PE24 5LR
- Sold May 2023£90,000 | 2 Bed House5, Storeys Lane, Skegness, PE24 5LR5, Storeys Lane, Skegness, PE24 5LR
- Sold Aug 2022£215,000 | 2 Bed House29, Storeys Lane, Skegness, PE24 5LR29, Storeys Lane, Skegness, PE24 5LR
Nearby Postcodes
PE24 5LR is the 966th largest and the 769th most expensive postcode out of the 1,182 postcodes in the PE24 area.
- PE24 5BG, Cumberlidge Close, Burgh Le Marsh, Skegness, PE24PE24 5BG16 Addresses|101 m away
- PE24 5LE, Jane Palmer Court, Burgh Le Marsh, Skegness, PE24PE24 5LE8 Addresses|120 m away
- PE24 5LW, East End, Burgh Le Marsh, Skegness, PE24PE24 5LW8 Addresses|124 m away
- PE24 5LU, Barnack Estate, Burgh Le Marsh, Skegness, PE24PE24 5LU36 Addresses|158 m away
- PE24 5LT, The Causeway, Burgh Le Marsh, Skegness, PE24PE24 5LT34 Addresses|161 m away
Property Types
- 4 period houses built between 1800 and 1911
- 2 modern houses built after 1980
- 8 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 4 early-century houses built between 1912 and 1935
- 9 other addresses of unknown type
- period house (4)
- modern house (2)
- mid-century house (8)
- house (1)
- early-century house (4)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (1)
- F (0)
- C (4)
- G (0)
- D (10)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Feb 2025£397,500 | 4 Bed House15, Storeys Lane, Skegness, PE24 5LR15, Storeys Lane, Skegness, PE24 5LR
- Sold Jun 2019£310,000 | 4 Bed House19, Storeys Lane, Skegness, PE24 5LR19, Storeys Lane, Skegness, PE24 5LR
- Sold Dec 2014£249,999 | 4 Bed House19, Storeys Lane, Skegness, PE24 5LR19, Storeys Lane, Skegness, PE24 5LR
Schools Nearby
- The St Peter and St Paul C of E Primary School600 m away
- Beacon Primary Academy5.4 km away
- The Wainfleet Magdalen Church of England/Methodist School5.8 km away
- Skegness Academy5.5 km away
- Skegness Grammar School5.8 km away
- King Edward VI Academy10.6 km away
More reading links
Public Transport Nearby
The closest station to PE24 5LR is Thorpe Culvert station, which is 5.2 kilometres away.
- Thorpe Culvert|5.2 km away
- Havenhouse|5.2 km away
- Skegness|5.9 km away
- Wainfleet|6.0 km away
