Wigg Lane - PE24 5RL
Key Postcode Insights
PE24 5RL is a residential postcode situated on Wigg Lane, Chapel St. Leonards, Skegness, PE24 with 3 addresses.
It ranks as the 201st largest and 1090th most expensive of the 1,182 postcodes in the PE24 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £345,413
- 10 Year change
- up 39.8%
- Ave. Rental Price
- £1,601pcm
- 10 Year change
- up 36.1%
- Ave. £ per ft²
- £158/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
PE24 5RL is a residential postcode situated on Wigg Lane, Chapel St. Leonards, Skegness, PE24 with 3 addresses.
It ranks as the 201st largest and 1090th most expensive of the 1,182 postcodes in the PE24 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £345,413
- 10 Year change
- up 39.8%
- Ave. Rental Price
- £1,601pcm
- 10 Year change
- up 36.1%
- Ave. £ per ft²
- £158/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin PE24 5RL
- Laburnham House
5 Bed Period House
- Nelson Villa
5 Bed Period House
- Swallow House
5 Bed Mid-century House
Sales Market Trends
The last sale in PE24 5RL sold for £280,000 on 10th February 2017. Since then prices are up an average of 33.6%.
The current average value in the postcode is £345,413.
The PE24 5RL Sales Market has increased by 39.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.9% | £345,413 |
| June 2025 | -0.9% | £359,344 |
| June 2024 | -2.9% | £362,700 |
| June 2023 | 3.5% | £373,361 |
| June 2022 | 13.6% | £360,569 |
| June 2021 | 9.3% | £317,406 |
| June 2020 | 1.2% | £290,356 |
| June 2019 | 4.8% | £286,928 |
| June 2018 | 3.7% | £273,851 |
| June 2017 | 6.9% | £264,085 |
| June 2016 | 3.5% | £247,008 |
| June 2015 | 5.4% | £238,593 |
| June 2014 | 4.5% | £226,475 |
| June 2013 | -2.2% | £216,768 |
| June 2012 | 1.3% | £221,756 |
| June 2011 | -2.7% | £218,905 |
| June 2010 | 3.7% | £224,892 |
| June 2009 | -5.4% | £216,769 |
| June 2008 | -2.4% | £229,248 |
| June 2007 | 0% | £234,963 |
Rental Market Trends
The current average rental value in the postcode is £1,601.
The PE24 5RL Rental Market has increased by 36.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,601pcm |
| June 2025 | 4.8% | £1,565pcm |
| June 2024 | 2.6% | £1,493pcm |
| June 2023 | 5.9% | £1,455pcm |
| June 2022 | 8.5% | £1,374pcm |
| June 2021 | 3.8% | £1,266pcm |
| June 2020 | 0.3% | £1,220pcm |
| June 2019 | 0.2% | £1,216pcm |
| June 2018 | 0.4% | £1,214pcm |
| June 2017 | 2.8% | £1,209pcm |
| June 2016 | 2.7% | £1,176pcm |
| June 2015 | 3.3% | £1,145pcm |
| June 2014 | 1.4% | £1,108pcm |
| June 2013 | 0.4% | £1,093pcm |
| June 2012 | 1% | £1,088pcm |
| June 2011 | 1.7% | £1,077pcm |
| June 2010 | 10.9% | £1,060pcm |
| June 2009 | -1.4% | £955pcm |
| June 2008 | 0.3% | £969pcm |
| June 2007 | 0% | £967pcm |
Sales History
The last sale was on 10th February 2017 for £280,000 and since then the market in the area has increased by 33.6%. The postcode has had a total of 3 sales since 1995.
PE24 5RL has seen no sales in the last three years and no sales in the last twelve months.
- Sold Feb 2017£280,000 | 5 Bed HouseSwallow House, Wigg Lane, Skegness, PE24 5RLSwallow House, Wigg Lane, Skegness, PE24 5RL
- Sold Feb 2017£280,000 | 5 Bed HouseSwallow House, Wigg Lane, Skegness, PE24 5RLSwallow House, Wigg Lane, Skegness, PE24 5RL
- Sold Feb 2017£280,000 | 5 Bed HouseSwallow House, Wigg Lane, Skegness, PE24 5RLSwallow House, Wigg Lane, Skegness, PE24 5RL
Nearby Postcodes
PE24 5RL is the 201st largest and the 1090th most expensive postcode out of the 1,182 postcodes in the PE24 area.
- PE24 5XE, St. Leonards Drive, Chapel St. Leonards, Skegness, PE24PE24 5XE3 Addresses|251 m away
- PE24 5UY, St. Leonards Drive, Chapel St. Leonards, Skegness, PE24PE24 5UY7 Addresses|333 m away
- PE24 5UZ, St. Leonards Drive, Chapel St. Leonards, Skegness, PE24PE24 5UZ17 Addresses|333 m away
- PE24 5QZ, Landseer Avenue, Chapel St. Leonards, Skegness, PE24PE24 5QZ53 Addresses|338 m away
- PE24 5RE, Acacia Avenue, Chapel St. Leonards, Skegness, PE24PE24 5RE48 Addresses|412 m away
Property Types
- 2 period houses built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- period house (2)
- mid-century house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Feb 2017£280,000 | 5 Bed HouseSwallow House, Wigg Lane, Skegness, PE24 5RLSwallow House, Wigg Lane, Skegness, PE24 5RL
- Sold Feb 2017£280,000 | 5 Bed HouseSwallow House, Wigg Lane, Skegness, PE24 5RLSwallow House, Wigg Lane, Skegness, PE24 5RL
- Sold Feb 2017£280,000 | 5 Bed HouseSwallow House, Wigg Lane, Skegness, PE24 5RLSwallow House, Wigg Lane, Skegness, PE24 5RL
Schools Nearby
- Chapel St Leonards Primary School1.3 km away
- Hogsthorpe Primary Academy2.3 km away
- Ingoldmells Academy4.4 km away
- Skegness Academy9.3 km away
- Skegness Grammar School9.6 km away
- John Spendluffe Foundation Technology College10.1 km away
More reading links
Public Transport Nearby
The closest station to PE24 5RL is Skegness station, which is 10.2 kilometres away.
- Skegness|10.2 km away
- Havenhouse|13.9 km away
- Thorpe Culvert|15.2 km away
- Wainfleet|15.8 km away