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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 5TUHouse Prices / East Midlands, East Lindsey, Trunch Lane
Last updated May 2026
Key Postcode Insights
PE24 5TU is a residential postcode situated on Trunch Lane, Chapel St. Leonards, Skegness, PE24 with 28 addresses.
It ranks as the 468th largest and 16th 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 28 properties: 6 houses and 22 flats.
28
Properties
- Houses
- Flats
Key Postcode Insights
PE24 5TU is a residential postcode situated on Trunch Lane, Chapel St. Leonards, Skegness, PE24 with 28 addresses.
It ranks as the 468th largest and 16th 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 28 properties: 6 houses and 22 flats.
28
Properties
- Houses
- Flats
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House Pricesin PE24 5TU
Sale prices range from £76,664 for 2 bedroom Leasehold flats (516 ft2) to £214,261 for 3 bedroom freehold houses with a garden (904 ft2) .
Monthly rental prices range from £450 pcm for 2 bed flats to £1,063 pcm for 3 bed houses.
The gross rental yield is between 6.0% and 7.0%.
The average value per square foot is £148.
Average Sale Value
£101,404
Average Rental Value
£566 pcm
Average Rental Yield
6.7% /year
Average Value Per Sqft
£148 /ft2
Sales Market Trendsin PE24 5TU
The last sale in PE24 5TU sold for £540,000 on 12th May 2022. Since then prices are up an average of 42.3%.
The current average value in the postcode is £101,404.
The PE24 5TU Sales Market has increased by 34.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.5% | £101,404 |
| April 2025 | -1.1% | £103,951 |
| April 2024 | -2.6% | £105,151 |
| April 2023 | 3.7% | £107,954 |
| April 2022 | 14.2% | £104,091 |
| April 2021 | 6.6% | £91,156 |
| April 2020 | 2.8% | £85,482 |
| April 2019 | 3% | £83,180 |
| April 2018 | 1.3% | £80,755 |
| April 2017 | 5.5% | £79,756 |
| April 2016 | 2.2% | £75,631 |
| April 2015 | 3.8% | £74,008 |
| April 2014 | 4.4% | £71,312 |
| April 2013 | -0.7% | £68,317 |
| April 2012 | -0.5% | £68,801 |
| April 2011 | -3.5% | £69,175 |
| April 2010 | -2.7% | £71,685 |
| April 2009 | -7% | £73,692 |
| April 2008 | -1.7% | £79,230 |
| April 2007 | 0% | £80,567 |
Rental Market Trendsin PE24 5TU
The current average rental value in the postcode is £566.
The PE24 5TU Rental Market has increased by 47.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.4% | £566pcm |
| April 2025 | 5% | £542pcm |
| April 2024 | 5.9% | £517pcm |
| April 2023 | 8.3% | £488pcm |
| April 2022 | 6.1% | £451pcm |
| April 2021 | 4.3% | £425pcm |
| April 2020 | 1.6% | £407pcm |
| April 2019 | -0.8% | £401pcm |
| April 2018 | 1.7% | £404pcm |
| April 2017 | 3.4% | £397pcm |
| April 2016 | 5.5% | £384pcm |
| April 2015 | 2.7% | £364pcm |
| April 2014 | 3.4% | £354pcm |
| April 2013 | 1.3% | £343pcm |
| April 2012 | 1.9% | £338pcm |
| April 2011 | 2.5% | £332pcm |
| April 2010 | -3% | £324pcm |
| April 2009 | -6.8% | £334pcm |
| April 2008 | 3.1% | £358pcm |
| April 2007 | 0% | £347pcm |
Properties and Buildingsin PE24 5TU, Trunch Lane, Chapel St. Leonards, Skegness, PE24
- Gemini, Trunch Lane, Chapel St. Leonards, Skegness, PE24Building2 units
- Gingham, Trunch Lane, Chapel St. Leonards, Skegness, PE24 Modern building2 units
- S16 Golden Anchor Caravan Park , Trunch Lane, Skegness, PE24 5TU
- Happy Days Beachfield, Trunch Lane, Chapel St. Leonards, Skegness, PE24 Mid-century building11 units
- Flat, Henmark, Trunch Lane, Skegness, PE24 5TU
- Ivanhoe, Trunch Lane, Skegness, PE24 5TU3 bed house
- P K Building, Trunch Lane, Chapel St. Leonards, Skegness, PE24 Modern building4 units
- Rose Cottage, Trunch Lane, Skegness, PE24 5TU3 bed mid-century house
- Flat 1, Stewarts Bar & Restaurant, Trunch Lane, Skegness, PE24 5TU
- Flat, Sue's Chippy, Trunch Lane, Skegness, PE24 5TU
- Flat, The Bellbank, Trunch Lane, Skegness, PE24 5TU3 bed period flat
- The Garage Bungalow, Trunch Lane, Skegness, PE24 5TU2 bed mid-century house
- Yabadabado, Trunch Lane, Skegness, PE24 5TU
Sales Historyin PE24 5TU
The last sale was on 12th May 2022 for £540,000 and since then the market in the area has increased by 42.3%. The postcode has had a total of 6 sales since 1995.
PE24 5TU has seen no sales in the last three years and no sales in the last twelve months.
Sold May 2022£540,000 | 2 Bed HouseTrunch LaneYabadabado, Trunch Lane, Skegness, PE24 5TU
Sold Dec 2021£130,500 | 3 Bed HouseTrunch LaneIvanhoe, Trunch Lane, Skegness, PE24 5TU
Sold Jul 2021£335,000 | 3 Bed FlatThe Bellbank, Trunch LaneFlat, The Bellbank, Trunch Lane, Skegness, PE24 5TU
Sold Nov 2012£115,000 | 3 Bed HouseTrunch LaneIvanhoe, Trunch Lane, Skegness, PE24 5TU
Sold Feb 2006£90,000 | 3 Bed HouseTrunch LaneIvanhoe, Trunch Lane, Skegness, PE24 5TU
Sold Oct 1995£27,000 | 3 Bed HouseTrunch LaneIvanhoe, Trunch Lane, Skegness, PE24 5TU
Nearby Postcodesto PE24 5TU
PE24 5TU is the 468th largest and the 16th most expensive postcode out of the 529 postcodes in the PE24 area.
- 150 mPE24 5TY, Benvenute Chalet Estate, Chapel St. Leonards, Skegness, PE24PE24 5TY18 Addresses
- 252 mPE24 5TZ, Grasmere Avenue, Chapel St. Leonards, Skegness, PE24PE24 5TZ18 Addresses
- 312 mPE24 5TX, Kingsfield Chalet Estate, Chapel St. Leonards, Skegness, PE24PE24 5TX44 Addresses
- 324 mPE24 5TS, South Road, Chapel St. Leonards, Skegness, PE24PE24 5TS64 Addresses
- 340 mPE24 5TR, South Road, Chapel St. Leonards, Skegness, PE24PE24 5TR4 Addresses
- 461 mPE24 5UA, Trunch Lane, Chapel St. Leonards, Skegness, PE24PE24 5UA19 Addresses
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Property Typesin PE24 5TU
- 1 period flat built between 1800 and 1911
- 8 modern flats built after 1980
- 2 mid-century houses built between 1936 and 1979
- 11 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 5 other addresses of unknown type
- period flat (1)
- modern flat (8)
- mid-century house (2)
- mid-century flat (11)
- house (1)
- Unknown (5)
Energy Efficiencyof properties in PE24 5TU
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The dominant rating is E.
- A (0)
- E (14)
- B (0)
- F (3)
- C (0)
- G (0)
- D (4)
- No EPC (7)
Top 3 Most Expensive Saleson Trunch Lane
Schools Nearbyto PE24 5TU
The nearest primary school to PE24 5TU is Chapel St Leonards Primary School which is 1.3 kilometres away.
- 1.3kmChapel St Leonards Primary School
- 2.0kmIngoldmells Academy
- 3.1kmHogsthorpe Primary Academy
The nearest secondary school is Skegness Academy which is 6.9 kilometres away.
- 6.9kmSkegness Academy
- 7.1kmSkegness Grammar School
- 11.5kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearbyto PE24 5TU
The closest station to PE24 5TU is Skegness station which is 7.8 kilometres away.
- 7.8kmSkegness
- 11.8kmHavenhouse
- 13.7kmThorpe Culvert
- 13.9kmWainfleet
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