PE24 5TZ

PE24 5TZHouse Prices / East Midlands, East Lindsey, Grasmere Avenue

Last updated May 2026

Key Postcode Insights

PE24 5TZ is a residential postcode situated on Grasmere Avenue, Chapel St. Leonards, Skegness, PE24 with 18 addresses.

It ranks as the 406th largest and 89th 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 18 properties: 12 houses and 6 flats.

18
Properties
  • Houses
  • Flats

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House Pricesin PE24 5TZ

Sale prices range from £66,742 for 2 bedroom Leasehold flats (516 ft2) to £216,485 for 3 bedroom freehold houses with a garden (1,194 ft2) .

Monthly rental prices range from £440 pcm for 2 bed flats to £1,104 pcm for 3 bed houses.

The gross rental yield is between 6.1% and 7.9%.

The average value per square foot is £199.

Average Sale Value
£138,174
Average Rental Value
£767 pcm
Average Rental Yield
6.7% /year
Average Value Per Sqft
£199 /ft2
Prices last updated 1st May 2026
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Sales History
in PE24 5TZ

The last sale was on 15th September 2025 for £230,000 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 17 sales since 1995.

PE24 5TZ has seen 1 sale in the last three years and 1 sale in the last twelve months.

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Nearby Postcodesto PE24 5TZ

PE24 5TZ is the 406th largest and the 89th most expensive postcode out of the 529 postcodes in the PE24 area.

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Property Typesin PE24 5TZ

  • 4 mid-century houses built between 1936 and 1979
  • 6 mid-century flats built between 1936 and 1979
  • 1 house of an unknown age
  • 2 early-century houses built between 1912 and 1935
  • 5 other addresses of unknown type
  • mid-century house (4)
  • mid-century flat (6)
  • house (1)
  • early-century house (2)
  • Unknown (5)
Energy Efficiency

Energy Efficiencyof properties in PE24 5TZ

  • Energy Performance Certificate (EPC) surveys conducted for 12 properties.
  • The dominant rating is D.
  • A (0)
  • E (0)
  • B (0)
  • F (1)
  • C (1)
  • G (4)
  • D (6)
  • No EPC (6)
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Schools Nearby

Schools Nearbyto PE24 5TZ

The nearest primary school to PE24 5TZ is Chapel St Leonards Primary School which is 1.3 kilometres away.
  • 1.3
    km
    Chapel St Leonards Primary School
  • 2.2
    km
    Ingoldmells Academy
  • 3.2
    km
    Hogsthorpe Primary Academy
The nearest secondary school is Skegness Academy which is 7.0 kilometres away.
  • 7.0
    km
    Skegness Academy
  • 7.2
    km
    Skegness Grammar School
  • 11.7
    km
    John Spendluffe Foundation Technology College
More reading links
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearbyto PE24 5TZ

The closest station to PE24 5TZ is Skegness station which is 7.9 kilometres away.

  • 7.9
    km
    Skegness
  • 12.0
    km
    Havenhouse
  • 13.9
    km
    Thorpe Culvert
  • 14.1
    km
    Wainfleet
Source: National Rail
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