The Causeway - PE24 5LT
Key Postcode Insights
PE24 5LT is a residential postcode situated on The Causeway, Burgh Le Marsh, Skegness, PE24 with 34 addresses.
It ranks as the 1032nd largest and 574th 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 34 properties: 28 houses and 6 flats.
- Ave. Sale Price
- £171,879
- 10 Year change
- up 34.3%
- Ave. Rental Price
- £884pcm
- 10 Year change
- up 29.9%
- Ave. £ per ft²
- £195/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
PE24 5LT is a residential postcode situated on The Causeway, Burgh Le Marsh, Skegness, PE24 with 34 addresses.
It ranks as the 1032nd largest and 574th 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 34 properties: 28 houses and 6 flats.
- Ave. Sale Price
- £171,879
- 10 Year change
- up 34.3%
- Ave. Rental Price
- £884pcm
- 10 Year change
- up 29.9%
- Ave. £ per ft²
- £195/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin PE24 5LT
- 1 The Causeway
2 Bed Period House
- 2 The Causeway
2 Bed Period House
- 3 The Causeway
3 Bed Period House
- 4 The Causeway
House
- 5 The Causeway
House
Sales Market Trends
The last sale in PE24 5LT sold for £88,500 on 26th September 2025. Since then prices are down an average of 1.2%.
The current average value in the postcode is £171,879.
The PE24 5LT Sales Market has increased by 34.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £171,879 |
| June 2025 | -1.1% | £175,442 |
| June 2024 | -2.6% | £177,347 |
| June 2023 | 2.7% | £182,114 |
| June 2022 | 12.4% | £177,327 |
| June 2021 | 8.1% | £157,817 |
| June 2020 | 1.4% | £146,004 |
| June 2019 | 3.7% | £143,944 |
| June 2018 | 3% | £138,826 |
| June 2017 | 5.3% | £134,791 |
| June 2016 | 2.2% | £128,010 |
| June 2015 | 4.6% | £125,216 |
| June 2014 | 4% | £119,686 |
| June 2013 | -2.4% | £115,087 |
| June 2012 | 0.7% | £117,862 |
| June 2011 | -2.9% | £117,080 |
| June 2010 | 0.8% | £120,530 |
| June 2009 | -9.3% | £119,571 |
| June 2008 | -2.4% | £131,810 |
| June 2007 | 0% | £135,002 |
Rental Market Trends
The current average rental value in the postcode is £884.
The PE24 5LT Rental Market has increased by 29.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £884pcm |
| June 2025 | 4.7% | £847pcm |
| June 2024 | 2.8% | £809pcm |
| June 2023 | 4.6% | £787pcm |
| June 2022 | 7.6% | £753pcm |
| June 2021 | 2.5% | £700pcm |
| June 2020 | 0.5% | £682pcm |
| June 2019 | -1% | £679pcm |
| June 2018 | -0.3% | £686pcm |
| June 2017 | 1.1% | £688pcm |
| June 2016 | 1.7% | £680pcm |
| June 2015 | 2.7% | £669pcm |
| June 2014 | 0.6% | £651pcm |
| June 2013 | 0.7% | £647pcm |
| June 2012 | 0.3% | £643pcm |
| June 2011 | 1.5% | £641pcm |
| June 2010 | 8.3% | £632pcm |
| June 2009 | -5.7% | £583pcm |
| June 2008 | 0.9% | £618pcm |
| June 2007 | 0% | £613pcm |
Sales History
The last sale was on 26th September 2025 for £88,500 and since then the market in the area has decreased by 1.2%. The postcode has had a total of 36 sales since 1995.
PE24 5LT has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£88,500 | 1 Bed Flat26A, The Causeway, Skegness, PE24 5LT26A, The Causeway, Skegness, PE24 5LT
- Sold Aug 2023£49,000 | 1 Bed Flat24B, The Causeway, Skegness, PE24 5LT24B, The Causeway, Skegness, PE24 5LT
- Sold Sep 2022£320,000 | 5 Bed House30-32, The Causeway, Skegness, PE24 5LT30-32, The Causeway, Skegness, PE24 5LT
- Sold Mar 2021£58,000 | 1 Bed Flat26B, The Causeway, Skegness, PE24 5LT26B, The Causeway, Skegness, PE24 5LT
- Sold Dec 2019£58,000 | 1 Bed Flat24B, The Causeway, Skegness, PE24 5LT24B, The Causeway, Skegness, PE24 5LT
Nearby Postcodes
PE24 5LT is the 1032nd largest and the 574th most expensive postcode out of the 1,182 postcodes in the PE24 area.
- PE24 5LE, Jane Palmer Court, Burgh Le Marsh, Skegness, PE24PE24 5LE8 Addresses|44 m away
- PE24 5LU, Barnack Estate, Burgh Le Marsh, Skegness, PE24PE24 5LU36 Addresses|84 m away
- PE24 5LQ, Old Chapel Lane, Burgh Le Marsh, Skegness, PE24PE24 5LQ22 Addresses|103 m away
- PE24 5LW, East End, Burgh Le Marsh, Skegness, PE24PE24 5LW8 Addresses|125 m away
- PE24 5JT, High Street, Burgh Le Marsh, Skegness, PE24PE24 5JT17 Addresses|136 m away
Property Types
- 9 period houses built between 1800 and 1911
- 6 period flats built between 1800 and 1911
- 1 modern house built after 1980
- 10 mid-century houses built between 1936 and 1979
- 8 other addresses of unknown type
- period house (9)
- period flat (6)
- modern house (1)
- mid-century house (10)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 26 properties.
- The most common rating is C.
- A (0)
- E (5)
- B (0)
- F (0)
- C (12)
- G (0)
- D (9)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Sep 2022£320,000 | 5 Bed House30-32, The Causeway, Skegness, PE24 5LT30-32, The Causeway, Skegness, PE24 5LT
- Sold Sep 2017£269,950 | 3 Bed House11, The Causeway, Skegness, PE24 5LT11, The Causeway, Skegness, PE24 5LT
- Sold Dec 2021£220,000 | 3 Bed House44, The Causeway, Skegness, PE24 5LF44, The Causeway, Skegness, PE24 5LF
Schools Nearby
- The St Peter and St Paul C of E Primary School500 m away
- Beacon Primary Academy5.6 km away
- The Wainfleet Magdalen Church of England/Methodist School5.9 km away
- Skegness Academy5.7 km away
- Skegness Grammar School5.9 km away
- King Edward VI Academy10.5 km away
More reading links
Public Transport Nearby
The closest station to PE24 5LT is Thorpe Culvert station, which is 5.2 kilometres away.
- Thorpe Culvert|5.2 km away
- Havenhouse|5.4 km away
- Skegness|6.1 km away
- Wainfleet|6.2 km away
