Sea Road - PE24 5RZ
Key Postcode Insights
PE24 5RZ is a residential postcode situated on Sea Road, Chapel St. Leonards, Skegness, PE24 with 4 addresses.
It ranks as the 258th largest and 1092nd most expensive of the 1,182 postcodes in the PE24 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 4 properties: 3 houses and 1 flat.
- Ave. Sale Price
- £343,063
- 10 Year change
- up 34.9%
- Ave. Rental Price
- £1,526pcm
- 10 Year change
- up 31.2%
- Ave. £ per ft²
- £281/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
PE24 5RZ is a residential postcode situated on Sea Road, Chapel St. Leonards, Skegness, PE24 with 4 addresses.
It ranks as the 258th largest and 1092nd most expensive of the 1,182 postcodes in the PE24 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 4 properties: 3 houses and 1 flat.
- Ave. Sale Price
- £343,063
- 10 Year change
- up 34.9%
- Ave. Rental Price
- £1,526pcm
- 10 Year change
- up 31.2%
- Ave. £ per ft²
- £281/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin PE24 5RZ
- Coniston
4 Bed Early-century House
- Field House
3 Bed Mid-century Flat
- Hawthorne
3 Bed Early-century House
- Threeways
4 Bed Modern House
Sales Market Trends
The last sale in PE24 5RZ sold for £325,000 on 7th February 2025. Since then prices are down an average of 2.8%.
The current average value in the postcode is £343,063.
The PE24 5RZ Sales Market has increased by 34.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £343,063 |
| June 2025 | -1.1% | £352,645 |
| June 2024 | -2.5% | £356,656 |
| June 2023 | 2.6% | £365,776 |
| June 2022 | 12.7% | £356,520 |
| June 2021 | 8.4% | £316,443 |
| June 2020 | 0.9% | £291,917 |
| June 2019 | 4% | £289,330 |
| June 2018 | 3.5% | £278,329 |
| June 2017 | 5.7% | £268,930 |
| June 2016 | 2.9% | £254,378 |
| June 2015 | 4.9% | £247,198 |
| June 2014 | 3.8% | £235,554 |
| June 2013 | -2% | £226,961 |
| June 2012 | 0.8% | £231,616 |
| June 2011 | -2.7% | £229,892 |
| June 2010 | 2.6% | £236,294 |
| June 2009 | -8.4% | £230,199 |
| June 2008 | -2.7% | £251,304 |
| June 2007 | 0% | £258,260 |
Rental Market Trends
The current average rental value in the postcode is £1,526.
The PE24 5RZ Rental Market has increased by 31.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,526pcm |
| June 2025 | 4.6% | £1,474pcm |
| June 2024 | 3% | £1,410pcm |
| June 2023 | 4.9% | £1,368pcm |
| June 2022 | 7.6% | £1,304pcm |
| June 2021 | 2.9% | £1,212pcm |
| June 2020 | 0% | £1,178pcm |
| June 2019 | -0.6% | £1,178pcm |
| June 2018 | 0.2% | £1,184pcm |
| June 2017 | 1.6% | £1,182pcm |
| June 2016 | 2.1% | £1,163pcm |
| June 2015 | 2.9% | £1,139pcm |
| June 2014 | 0.7% | £1,106pcm |
| June 2013 | 0.7% | £1,099pcm |
| June 2012 | 0.5% | £1,091pcm |
| June 2011 | 1.6% | £1,086pcm |
| June 2010 | 9.7% | £1,069pcm |
| June 2009 | -4.5% | £974pcm |
| June 2008 | 0% | £1,020pcm |
| June 2007 | 0% | £1,020pcm |
Sales History
The last sale was on 7th February 2025 for £325,000 and since then the market in the area has decreased by 2.8%. The postcode has had a total of 6 sales since 1995.
PE24 5RZ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2025£325,000 | 3 Bed HouseHawthorne, Sea Road, Skegness, PE24 5RZHawthorne, Sea Road, Skegness, PE24 5RZ
- Sold Sep 2020£206,000 | 3 Bed HouseHawthorne, Sea Road, Skegness, PE24 5RZHawthorne, Sea Road, Skegness, PE24 5RZ
- Sold May 2014£222,500 | 4 Bed HouseThreeways, Sea Road, Skegness, PE24 5RZThreeways, Sea Road, Skegness, PE24 5RZ
- Sold Oct 2003£170,000 | 4 Bed HouseThreeways, Sea Road, Skegness, PE24 5RZThreeways, Sea Road, Skegness, PE24 5RZ
- Sold Jul 1997£41,000 | 3 Bed HouseHawthorne, Sea Road, Skegness, PE24 5RZHawthorne, Sea Road, Skegness, PE24 5RZ
Nearby Postcodes
PE24 5RZ is the 258th largest and the 1092nd most expensive postcode out of the 1,182 postcodes in the PE24 area.
- PE24 5NP, Mill Lane, Hogsthorpe, Skegness, PE24PE24 5NP3 Addresses|295 m away
- PE24 5RY, Sea Road, Chapel St. Leonards, Skegness, PE24PE24 5RY46 Addresses|407 m away
- PE24 5QG, Sea Lane, Hogsthorpe, Skegness, PE24PE24 5QG2 Addresses|460 m away
- PE24 5NN, Mill Lane, Hogsthorpe, Skegness, PE24PE24 5NN12 Addresses|532 m away
- PE24 5QL, Bradshaws Lane, Hogsthorpe, Skegness, PE24PE24 5QL4 Addresses|597 m away
Property Types
- 1 modern house built after 1980
- 1 mid-century flat built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- modern house (1)
- mid-century flat (1)
- early-century house (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Nov 2017£350,000 | 5 Bed HouseFour Winds, Sea Road, Skegness, PE24 5RYFour Winds, Sea Road, Skegness, PE24 5RY
- Sold Jun 2021£325,000 | 4 Bed House100, Sea Road, Skegness, PE24 5RY100, Sea Road, Skegness, PE24 5RY
- Sold Feb 2025£325,000 | 3 Bed HouseHawthorne, Sea Road, Skegness, PE24 5RZHawthorne, Sea Road, Skegness, PE24 5RZ
Schools Nearby
- Hogsthorpe Primary Academy1.0 km away
- Chapel St Leonards Primary School1.1 km away
- Ingoldmells Academy3.5 km away
- Skegness Academy8.3 km away
- Skegness Grammar School8.6 km away
- John Spendluffe Foundation Technology College9.4 km away
More reading links
Public Transport Nearby
The closest station to PE24 5RZ is Skegness station, which is 9.3 kilometres away.
- Skegness|9.3 km away
- Havenhouse|12.6 km away
- Thorpe Culvert|13.7 km away
- Wainfleet|14.4 km away
