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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PE24 5TNHouse Prices / East Midlands, East Lindsey, Gatrum Lane
Last updated May 2026
Key Postcode Insights
PE24 5TN is a residential postcode situated on Gatrum Lane, Chapel St. Leonards, Skegness, PE24 with 9 addresses.
It ranks as the 306th largest and 229th most expensive of the 529 postcodes in the PE24 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 9 properties: 9 houses.
9
Properties
- Houses
Key Postcode Insights
PE24 5TN is a residential postcode situated on Gatrum Lane, Chapel St. Leonards, Skegness, PE24 with 9 addresses.
It ranks as the 306th largest and 229th most expensive of the 529 postcodes in the PE24 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 9 properties: 9 houses.
9
Properties
- Houses
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House Pricesin PE24 5TN
Sale prices range from £157,691 for 2 bedroom freehold houses with a garden (581 ft2) to £234,070 for 3 bedroom freehold houses with a garden (1,194 ft2) .
Monthly rental prices range from £830 pcm for 2 bed houses to £1,132 pcm for 3 bed houses.
The gross rental yield is between 5.8% and 6.6%.
The average value per square foot is £222.
Average Sale Value
£203,448
Average Rental Value
£1,027 pcm
Average Rental Yield
6.1% /year
Average Value Per Sqft
£222 /ft2
Sales Market Trendsin PE24 5TN
The last sale in PE24 5TN sold for £200,000 on 17th January 2025. Since then prices are down an average of 4.1%.
The current average value in the postcode is £203,448.
The PE24 5TN Sales Market has increased by 39.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.1% | £203,448 |
| April 2025 | -0.8% | £210,027 |
| April 2024 | -3% | £211,693 |
| April 2023 | 4.4% | £218,142 |
| April 2022 | 15.5% | £208,922 |
| April 2021 | 7.7% | £180,868 |
| April 2020 | 2.8% | £167,862 |
| April 2019 | 3.5% | £163,367 |
| April 2018 | 2% | £157,845 |
| April 2017 | 6.2% | £154,703 |
| April 2016 | 3.1% | £145,687 |
| April 2015 | 4.4% | £141,241 |
| April 2014 | 5.4% | £135,308 |
| April 2013 | 0.1% | £128,369 |
| April 2012 | -0.7% | £128,273 |
| April 2011 | -3.1% | £129,203 |
| April 2010 | -1.4% | £133,393 |
| April 2009 | -6.7% | £135,285 |
| April 2008 | -1.6% | £144,996 |
| April 2007 | 0% | £147,356 |
Rental Market Trendsin PE24 5TN
The current average rental value in the postcode is £1,027.
The PE24 5TN Rental Market has increased by 53.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.7% | £1,027pcm |
| April 2025 | 5.4% | £990pcm |
| April 2024 | 5.5% | £940pcm |
| April 2023 | 9% | £891pcm |
| April 2022 | 7.3% | £818pcm |
| April 2021 | 5.4% | £762pcm |
| April 2020 | 1.6% | £722pcm |
| April 2019 | -0.3% | £711pcm |
| April 2018 | 2.5% | £714pcm |
| April 2017 | 4.1% | £696pcm |
| April 2016 | 6.5% | £669pcm |
| April 2015 | 3.3% | £628pcm |
| April 2014 | 4.4% | £608pcm |
| April 2013 | 2.1% | £582pcm |
| April 2012 | 1.7% | £570pcm |
| April 2011 | 2.9% | £560pcm |
| April 2010 | -1.7% | £544pcm |
| April 2009 | -6.5% | £554pcm |
| April 2008 | 3.2% | £592pcm |
| April 2007 | 0% | £574pcm |
Explore Propertiesin PE24 5TN, Gatrum Lane, Chapel St. Leonards, Skegness, PE24
- Dene Villa, Gatrum Lane, Skegness, PE24 5TN3 bed early-century house
- Dykes End, Gatrum Lane, Skegness, PE24 5TN
- Green Leys, Gatrum Lane, Skegness, PE24 5TN3 bed mid-century house
- Laynee Lodge, Gatrum Lane, Skegness, PE24 5TN3 bed modern house
- Lindsey, Gatrum Lane, Skegness, PE24 5TN2 bed early-century house
- The Hollies, Gatrum Lane, Skegness, PE24 5TN3 bed modern house
- The Poplars, Gatrum Lane, Skegness, PE24 5TN
- 1, Gatrum Lane, Skegness, PE24 5TN2 bed early-century house
- 2, Gatrum Lane, Skegness, PE24 5TN
Sales Historyin PE24 5TN
The last sale was on 17th January 2025 for £200,000 and since then the market in the area has decreased by 4.1%. The postcode has had a total of 9 sales since 1995.
PE24 5TN has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Jan 2025£200,000 | 2 Bed HouseGatrum Lane1, Gatrum Lane, Skegness, PE24 5TN
Sold Jun 2022£213,000 | 3 Bed HouseGatrum LaneDene Villa, Gatrum Lane, Skegness, PE24 5TN
Sold May 2021£165,000 | 2 Bed HouseGatrum Lane1, Gatrum Lane, Skegness, PE24 5TN
Sold Sep 2016£163,000 | 3 Bed HouseGatrum LaneDene Villa, Gatrum Lane, Skegness, PE24 5TN
Sold Nov 2007£131,500 | 3 Bed HouseGatrum LaneDene Villa, Gatrum Lane, Skegness, PE24 5TN
Sold Apr 2002£66,000 | 2 Bed HouseGatrum LaneLindsey, Gatrum Lane, Skegness, PE24 5TN
Sold Dec 2001£69,000 | 3 Bed HouseGatrum LaneLaynee Lodge, Gatrum Lane, Skegness, PE24 5TN
Sold Nov 1997£30,000 | 2 Bed HouseGatrum LaneLindsey, Gatrum Lane, Skegness, PE24 5TN
Sold Nov 1995£24,000 | 2 Bed HouseGatrum LaneLindsey, Gatrum Lane, Skegness, PE24 5TN
Nearby Postcodesto PE24 5TN
PE24 5TN is the 306th largest and the 229th most expensive postcode out of the 529 postcodes in the PE24 area.
- 50 mPE24 5UE, Jacksons Drive, Chapel St. Leonards, Skegness, PE24PE24 5UE1 Addresses
- 178 mPE24 5WA, Rays Way, Chapel St. Leonards, Skegness, PE24PE24 5WA9 Addresses
- 182 mPE24 5XF, Merryfield Court, Chapel St. Leonards, Skegness, PE24PE24 5XF16 Addresses
- 227 mPE24 5UF, Eric Avenue, Chapel St. Leonards, Skegness, PE24PE24 5UF5 Addresses
- 249 mPE24 5TL, South Road, Chapel St. Leonards, Skegness, PE24PE24 5TL38 Addresses
- 297 mPE24 5UP, East View Close, Chapel St. Leonards, Skegness, PE24PE24 5UP33 Addresses
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Property Typesin PE24 5TN
- 2 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 3 early-century houses built between 1912 and 1935
- 3 other addresses of unknown type
- modern house (2)
- mid-century house (1)
- early-century house (3)
- Unknown (3)
Energy Efficiencyof properties in PE24 5TN
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The dominant rating is E.
- A (0)
- E (3)
- B (0)
- F (0)
- C (0)
- G (1)
- D (2)
- No EPC (3)
Schools Nearbyto PE24 5TN
The nearest primary school to PE24 5TN is Chapel St Leonards Primary School which is 605 metres away.
- 605mChapel St Leonards Primary School
- 2.5kmHogsthorpe Primary Academy
- 2.6kmIngoldmells Academy
The nearest secondary school is Skegness Academy which is 7.5 kilometres away.
- 7.5kmSkegness Academy
- 7.7kmSkegness Grammar School
- 11.0kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearbyto PE24 5TN
The closest station to PE24 5TN is Skegness station which is 8.4 kilometres away.
- 8.4kmSkegness
- 12.3kmHavenhouse
- 13.9kmThorpe Culvert
- 14.2kmWainfleet
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