South Road - PE24 5TH
Key Postcode Insights
PE24 5TH is a residential postcode situated on South Road, Chapel St. Leonards, Skegness, PE24 with 28 addresses.
It ranks as the 967th largest and 661st 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 28 properties: 26 houses and 2 flats.
- Ave. Sale Price
- £201,847
- 10 Year change
- up 35.5%
- Ave. Rental Price
- £947pcm
- 10 Year change
- up 31.4%
- Ave. £ per ft²
- £228/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
PE24 5TH is a residential postcode situated on South Road, Chapel St. Leonards, Skegness, PE24 with 28 addresses.
It ranks as the 967th largest and 661st 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 28 properties: 26 houses and 2 flats.
- Ave. Sale Price
- £201,847
- 10 Year change
- up 35.5%
- Ave. Rental Price
- £947pcm
- 10 Year change
- up 31.4%
- Ave. £ per ft²
- £228/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin PE24 5TH
- 1 South Road
3 Bed House
- 2A South Road
3 Bed Early-century Flat
- 3 South Road
Unknown
- 4 South Road
Unknown
- 5 South Road
3 Bed Early-century House
Sales Market Trends
The last sale in PE24 5TH sold for £185,000 on 3rd January 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £201,847.
The PE24 5TH Sales Market has increased by 35.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.2% | £201,847 |
| June 2025 | -0.9% | £206,309 |
| June 2024 | -2.6% | £208,165 |
| June 2023 | 2.8% | £213,810 |
| June 2022 | 12.6% | £207,947 |
| June 2021 | 8.3% | £184,737 |
| June 2020 | 1.3% | £170,613 |
| June 2019 | 3.8% | £168,418 |
| June 2018 | 3.3% | £162,261 |
| June 2017 | 5.5% | £157,097 |
| June 2016 | 2.6% | £148,943 |
| June 2015 | 4.9% | £145,222 |
| June 2014 | 4% | £138,410 |
| June 2013 | -2% | £133,066 |
| June 2012 | 0.8% | £135,843 |
| June 2011 | -2.7% | £134,806 |
| June 2010 | 2% | £138,608 |
| June 2009 | -8.6% | £135,956 |
| June 2008 | -2.8% | £148,752 |
| June 2007 | 0% | £153,068 |
Rental Market Trends
The current average rental value in the postcode is £947.
The PE24 5TH Rental Market has increased by 31.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £947pcm |
| June 2025 | 4.8% | £909pcm |
| June 2024 | 2.8% | £867pcm |
| June 2023 | 4.9% | £843pcm |
| June 2022 | 7.7% | £804pcm |
| June 2021 | 2.7% | £747pcm |
| June 2020 | 0.4% | £727pcm |
| June 2019 | -0.8% | £725pcm |
| June 2018 | 0% | £731pcm |
| June 2017 | 1.4% | £731pcm |
| June 2016 | 2% | £721pcm |
| June 2015 | 3% | £707pcm |
| June 2014 | 0.7% | £687pcm |
| June 2013 | 0.9% | £682pcm |
| June 2012 | 0.4% | £676pcm |
| June 2011 | 1.6% | £673pcm |
| June 2010 | 9.3% | £662pcm |
| June 2009 | -4.9% | £606pcm |
| June 2008 | 0.2% | £637pcm |
| June 2007 | 0% | £635pcm |
Sales History
The last sale was on 3rd January 2025 for £185,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 47 sales since 1995.
PE24 5TH has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jan 2025£185,000 | 2 Bed House9, South Road, Skegness, PE24 5TH9, South Road, Skegness, PE24 5TH
- Sold Sep 2023£100,000 | 2 Bed House28, South Road, Skegness, PE24 5TH28, South Road, Skegness, PE24 5TH
- Sold Aug 2022£63,000 | 2 Bed House6, South Road, Skegness, PE24 5TH6, South Road, Skegness, PE24 5TH
- Sold Mar 2022£262,500 | 4 Bed House7, South Road, Skegness, PE24 5TH7, South Road, Skegness, PE24 5TH
- Sold Mar 2020£120,000 | 3 Bed House36, South Road, Skegness, PE24 5TH36, South Road, Skegness, PE24 5TH
Nearby Postcodes
PE24 5TH is the 967th largest and the 661st most expensive postcode out of the 1,182 postcodes in the PE24 area.
- PE24 5YH, Meadow Close, Chapel St. Leonards, Skegness, PE24PE24 5YH4 Addresses|74 m away
- PE24 5TJ, Sunningdale Drive, Chapel St. Leonards, Skegness, PE24PE24 5TJ25 Addresses|93 m away
- PE24 5QR, Well Vale Court, Chapel St. Leonards, Skegness, PE24PE24 5QR3 Addresses|100 m away
- PE24 5BH, Well Vale Close, Chapel St. Leonards, Skegness, PE24PE24 5BH8 Addresses|108 m away
- PE24 5SE, Well Vale Drive, Chapel St. Leonards, Skegness, PE24PE24 5SE47 Addresses|126 m away
Property Types
- 1 modern flat built after 1980
- 8 mid-century houses built between 1936 and 1979
- 4 houses of an unknown age
- 11 early-century houses built between 1912 and 1935
- 1 early-century flat built between 1912 and 1935
- 3 other addresses of unknown type
- modern flat (1)
- mid-century house (8)
- house (4)
- early-century house (11)
- early-century flat (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is E.
- A (0)
- E (9)
- B (0)
- F (5)
- C (3)
- G (0)
- D (4)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Feb 2023£425,000 | 5 Bed HouseWillows, South Road, Skegness, PE24 5TRWillows, South Road, Skegness, PE24 5TR
- Sold Jun 2021£310,000 | 5 Bed House39, South Road, Skegness, PE24 5TL39, South Road, Skegness, PE24 5TL
- Sold Sep 2006£285,000 | 5 Bed House41, South Road, Skegness, PE24 5TL41, South Road, Skegness, PE24 5TL
Schools Nearby
- Chapel St Leonards Primary School400 m away
- Hogsthorpe Primary Academy2.5 km away
- Ingoldmells Academy3.0 km away
- Skegness Academy7.9 km away
- Skegness Grammar School8.2 km away
- John Spendluffe Foundation Technology College10.9 km away
More reading links
Public Transport Nearby
The closest station to PE24 5TH is Skegness station, which is 8.8 kilometres away.
- Skegness|8.8 km away
- Havenhouse|12.7 km away
- Thorpe Culvert|14.4 km away
- Wainfleet|14.7 km away
