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Bricks&Logic is a trading name of Urban Markets Ltd
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PE24 5RZHouse Prices / East Midlands, East Lindsey, Sea Road
Last updated May 2026
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 184th largest and 453rd most expensive of the 529 postcodes in the PE24 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 4 properties: 3 houses and 1 flat.
4
Properties
- Houses
- Flats
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 184th largest and 453rd most expensive of the 529 postcodes in the PE24 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 4 properties: 3 houses and 1 flat.
4
Properties
- Houses
- Flats
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House Pricesin PE24 5RZ
Sale prices range from £212,415 for 15 bedroom Leasehold flats (1,743 ft2) to £440,185 for 4 bedroom freehold houses with a garden (1,625 ft2) .
Monthly rental prices range from £713 pcm for 15 bed flats to £1,716 pcm for 4 bed houses.
The gross rental yield is between 4.0% and 5.2%.
The average value per square foot is £289.
Average Sale Value
£325,763
Average Rental Value
£1,284 pcm
Average Rental Yield
4.7% /year
Average Value Per Sqft
£289 /ft2
Sales Market Trendsin PE24 5RZ
The last sale in PE24 5RZ sold for £325,000 on 7th February 2025. Since then prices are down an average of 3.3%.
The current average value in the postcode is £325,763.
The PE24 5RZ Sales Market has increased by 37.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.4% | £325,763 |
| April 2025 | -0.9% | £337,325 |
| April 2024 | -2.5% | £340,493 |
| April 2023 | 3.8% | £349,227 |
| April 2022 | 15.3% | £336,399 |
| April 2021 | 7.4% | £291,813 |
| April 2020 | 3% | £271,801 |
| April 2019 | 3.3% | £263,947 |
| April 2018 | 1.6% | £255,464 |
| April 2017 | 6.2% | £251,338 |
| April 2016 | 2.6% | £236,560 |
| April 2015 | 3.7% | £230,456 |
| April 2014 | 5.2% | £222,211 |
| April 2013 | 0% | £211,300 |
| April 2012 | -0.6% | £211,206 |
| April 2011 | -3.5% | £212,574 |
| April 2010 | -1.3% | £220,271 |
| April 2009 | -6% | £223,089 |
| April 2008 | -2.3% | £237,227 |
| April 2007 | 0% | £242,693 |
Rental Market Trendsin PE24 5RZ
The current average rental value in the postcode is £1,284.
The PE24 5RZ Rental Market has increased by 49.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £1,284pcm |
| April 2025 | 4.9% | £1,243pcm |
| April 2024 | 5.8% | £1,185pcm |
| April 2023 | 8.7% | £1,120pcm |
| April 2022 | 6.6% | £1,031pcm |
| April 2021 | 4.8% | £967pcm |
| April 2020 | 1.5% | £923pcm |
| April 2019 | -0.4% | £909pcm |
| April 2018 | 2.4% | £913pcm |
| April 2017 | 4% | £892pcm |
| April 2016 | 6% | £857pcm |
| April 2015 | 3% | £809pcm |
| April 2014 | 3.7% | £785pcm |
| April 2013 | 2.4% | £757pcm |
| April 2012 | 1.7% | £740pcm |
| April 2011 | 2.9% | £727pcm |
| April 2010 | -1.2% | £706pcm |
| April 2009 | -6.1% | £715pcm |
| April 2008 | 2.7% | £761pcm |
| April 2007 | 0% | £741pcm |
Explore Propertiesin PE24 5RZ, Sea Road, Chapel St. Leonards, Skegness, PE24
Sales Historyin PE24 5RZ
The last sale was on 7th February 2025 for £325,000 and since then the market in the area has decreased by 3.3%. 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 | 2 Bed HouseSea RoadHawthorne, Sea Road, Skegness, PE24 5RZ
Sold Sep 2020£206,000 | 2 Bed HouseSea RoadHawthorne, Sea Road, Skegness, PE24 5RZ
Sold May 2014£222,500 | 4 Bed HouseSea RoadThreeways, Sea Road, Skegness, PE24 5RZ
Sold Oct 2003£170,000 | 4 Bed HouseSea RoadThreeways, Sea Road, Skegness, PE24 5RZ
Sold Jul 1997£41,000 | 2 Bed HouseSea RoadHawthorne, Sea Road, Skegness, PE24 5RZ
Sold Jul 1995£70,000 | 3 Bed HouseSea RoadConiston, Sea Road, Skegness, PE24 5RZ
Nearby Postcodesto PE24 5RZ
PE24 5RZ is the 184th largest and the 453rd most expensive postcode out of the 529 postcodes in the PE24 area.
- 295 mPE24 5NP, Mill Lane, Hogsthorpe, Skegness, PE24PE24 5NP3 Addresses
- 407 mPE24 5RY, Sea Road, Chapel St. Leonards, Skegness, PE24PE24 5RY46 Addresses
- 460 mPE24 5QG, Sea Lane, Hogsthorpe, Skegness, PE24PE24 5QG2 Addresses
- 532 mPE24 5NN, Mill Lane, Hogsthorpe, Skegness, PE24PE24 5NN12 Addresses
- 597 mPE24 5QL, Bradshaws Lane, Hogsthorpe, Skegness, PE24PE24 5QL4 Addresses
- 649 mPE24 5QN, Church Meadow Drive, Chapel St. Leonards, Skegness, PE24PE24 5QN5 Addresses
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Property Typesin PE24 5RZ
- 1 modern house built after 1980
- 1 mid-century flat built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 1 other address of unknown type
- modern house (1)
- mid-century flat (1)
- early-century house (1)
- Unknown (1)
Energy Efficiencyof properties in PE24 5RZ
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The dominant rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (1)
Schools Nearbyto PE24 5RZ
The nearest primary school to PE24 5RZ is Hogsthorpe Primary Academy which is 1.0 kilometres away.
- 1.0kmHogsthorpe Primary Academy
- 1.1kmChapel St Leonards Primary School
- 3.5kmIngoldmells Academy
The nearest secondary school is Skegness Academy which is 8.3 kilometres away.
- 8.3kmSkegness Academy
- 8.6kmSkegness Grammar School
- 9.4kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearbyto PE24 5RZ
The closest station to PE24 5RZ is Skegness station which is 9.3 kilometres away.
- 9.3kmSkegness
- 12.6kmHavenhouse
- 13.7kmThorpe Culvert
- 14.4kmWainfleet
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