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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 5WGHouse Prices / East Midlands, East Lindsey, Draycott Way
Last updated May 2026
Key Postcode Insights
PE24 5WG is a residential postcode situated on Draycott Way, Chapel St. Leonards, Skegness, PE24 with 33 addresses.
It ranks as the 485th largest and 176th most expensive of the 529 postcodes in the PE24 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 33 properties: 33 houses.
33
Properties
- Houses
Key Postcode Insights
PE24 5WG is a residential postcode situated on Draycott Way, Chapel St. Leonards, Skegness, PE24 with 33 addresses.
It ranks as the 485th largest and 176th most expensive of the 529 postcodes in the PE24 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 33 properties: 33 houses.
33
Properties
- Houses
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House Pricesin PE24 5WG
Sale prices range from £164,020 for 2 bedroom freehold houses with a garden (688 ft2) to £265,574 for 4 bedroom freehold houses with a garden (1,625 ft2) .
Monthly rental prices range from £887 pcm for 2 bed houses to £1,280 pcm for 4 bed houses.
The gross rental yield is between 5.8% and 6.5%.
The average value per square foot is £227.
Average Sale Value
£185,025
Average Rental Value
£976 pcm
Average Rental Yield
6.3% /year
Average Value Per Sqft
£227 /ft2
Sales Market Trendsin PE24 5WG
The last sale in PE24 5WG sold for £185,000 on 17th July 2024. Since then prices are down an average of 3.5%.
The current average value in the postcode is £185,025.
The PE24 5WG Sales Market has increased by 39.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.8% | £185,025 |
| April 2025 | -0.9% | £192,276 |
| April 2024 | -2.9% | £194,055 |
| April 2023 | 4.5% | £199,897 |
| April 2022 | 15.5% | £191,303 |
| April 2021 | 7.9% | £165,701 |
| April 2020 | 2.7% | £153,569 |
| April 2019 | 3.7% | £149,537 |
| April 2018 | 2.2% | £144,226 |
| April 2017 | 6.5% | £141,086 |
| April 2016 | 3.1% | £132,473 |
| April 2015 | 4.5% | £128,435 |
| April 2014 | 5.1% | £122,958 |
| April 2013 | 0.4% | £116,988 |
| April 2012 | -0.6% | £116,524 |
| April 2011 | -3.1% | £117,224 |
| April 2010 | -1% | £120,968 |
| April 2009 | -6.4% | £122,186 |
| April 2008 | -1.4% | £130,516 |
| April 2007 | 0% | £132,354 |
Rental Market Trendsin PE24 5WG
The current average rental value in the postcode is £976.
The PE24 5WG Rental Market has increased by 53.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £976pcm |
| April 2025 | 5.2% | £948pcm |
| April 2024 | 5.5% | £901pcm |
| April 2023 | 9.1% | £854pcm |
| April 2022 | 7.3% | £782pcm |
| April 2021 | 5.6% | £729pcm |
| April 2020 | 1.5% | £691pcm |
| April 2019 | -0.2% | £680pcm |
| April 2018 | 2.7% | £681pcm |
| April 2017 | 4.4% | £663pcm |
| April 2016 | 6.5% | £635pcm |
| April 2015 | 3.4% | £597pcm |
| April 2014 | 4.1% | £577pcm |
| April 2013 | 2.5% | £554pcm |
| April 2012 | 1.9% | £541pcm |
| April 2011 | 2.9% | £531pcm |
| April 2010 | -1.3% | £516pcm |
| April 2009 | -6.2% | £523pcm |
| April 2008 | 3.4% | £557pcm |
| April 2007 | 0% | £539pcm |
Explore Propertiesin PE24 5WG, Draycott Way, Chapel St. Leonards, Skegness, PE24
- Plum Tree Cottage, Draycott Way, Skegness, PE24 5WG4 bed modern house
- 1, Draycott Way, Skegness, PE24 5WG3 bed modern house
- 3, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 5, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 7, Draycott Way, Skegness, PE24 5WG3 bed modern house
- 9, Draycott Way, Skegness, PE24 5WG3 bed house
- 11, Draycott Way, Skegness, PE24 5WG3 bed house
- 13, Draycott Way, Skegness, PE24 5WG4 bed modern house
- 17, Draycott Way, Skegness, PE24 5WG3 bed modern house
- 19, Draycott Way, Skegness, PE24 5WG3 bed modern house
- 21, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 23, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 25, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 27, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 29, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 31, Draycott Way, Skegness, PE24 5WG3 bed modern house
- 33, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 41, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 43, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 45, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 47, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 49, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 51, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 53, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 55, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 57, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 59, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 61, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 63, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 65, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 67, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 69, Draycott Way, Skegness, PE24 5WG2 bed modern house
- 71, Draycott Way, Skegness, PE24 5WG2 bed modern house
Sales Historyin PE24 5WG
The last sale was on 17th July 2024 for £185,000 and since then the market in the area has decreased by 3.5%. The postcode has had a total of 25 sales since 1995.
PE24 5WG has seen 11 sales in the last three years and no sales in the last twelve months.
Sold Jul 2024£185,000 | 2 Bed HouseDraycott Way67, Draycott Way, Skegness, PE24 5WG
Sold Jul 2024£161,000 | 2 Bed HouseDraycott Way23, Draycott Way, Skegness, PE24 5WG
Sold Mar 2024£165,000 | 2 Bed HouseDraycott Way21, Draycott Way, Skegness, PE24 5WG
Sold Mar 2024£188,000 | 2 Bed HouseDraycott Way71, Draycott Way, Skegness, PE24 5WG
Sold Sep 2023£265,000 | 3 Bed HouseDraycott Way19, Draycott Way, Skegness, PE24 5WG
Sold Jul 2023£190,000 | 2 Bed HouseDraycott Way69, Draycott Way, Skegness, PE24 5WG
Sold Apr 2023£160,000 | 2 Bed HouseDraycott Way45, Draycott Way, Skegness, PE24 5WG
Sold Apr 2023£160,000 | 2 Bed HouseDraycott Way49, Draycott Way, Skegness, PE24 5WG
Sold Apr 2023£155,000 | 2 Bed HouseDraycott Way47, Draycott Way, Skegness, PE24 5WG
Sold Feb 2023£160,000 | 2 Bed HouseDraycott Way51, Draycott Way, Skegness, PE24 5WG
Sold Feb 2023£160,000 | 2 Bed HouseDraycott Way55, Draycott Way, Skegness, PE24 5WG
Sold Dec 2022£155,000 | 2 Bed HouseDraycott Way53, Draycott Way, Skegness, PE24 5WG
Sold Oct 2022£275,000 | 3 Bed HouseDraycott Way17, Draycott Way, Skegness, PE24 5WG
Sold Oct 2022£275,000 | 3 Bed HouseDraycott Way31, Draycott Way, Skegness, PE24 5WG
Sold Oct 2022£200,000 | 2 Bed HouseDraycott Way33, Draycott Way, Skegness, PE24 5WG
Sold Aug 2022£260,000 | 3 Bed HouseDraycott Way1, Draycott Way, Skegness, PE24 5WG
Sold Mar 2022£71,000 | 4 Bed HouseDraycott WayPlum Tree Cottage, Draycott Way, Skegness, PE24 5WG
Sold Sep 2021£266,000 | 4 Bed HouseDraycott Way13, Draycott Way, Skegness, PE24 5WG
Sold May 2017£155,000 | 2 Bed HouseDraycott Way3, Draycott Way, Skegness, PE24 5WG
Sold Nov 2009£168,000 | 3 Bed HouseDraycott Way1, Draycott Way, Skegness, PE24 5WG
Sold May 2009£110,000 | 3 Bed HouseDraycott Way7, Draycott Way, Skegness, PE24 5WG
Sold Aug 2008£130,495 | 3 Bed HouseDraycott Way9, Draycott Way, Skegness, PE24 5WG
Sold Jun 2008£132,000 | 3 Bed HouseDraycott Way11, Draycott Way, Skegness, PE24 5WG
Sold May 2008£140,000 | 2 Bed HouseDraycott Way3, Draycott Way, Skegness, PE24 5WG
Sold Feb 2008£131,995 | 2 Bed HouseDraycott Way5, Draycott Way, Skegness, PE24 5WG
Nearby Postcodesto PE24 5WG
PE24 5WG is the 485th largest and the 176th most expensive postcode out of the 529 postcodes in the PE24 area.
- 81 mPE24 5JU, Simpson Close, Chapel St. Leonards, Skegness, PE24PE24 5JU44 Addresses
- 122 mPE24 5UH, West View Crescent, Chapel St. Leonards, Skegness, PE24PE24 5UH26 Addresses
- 125 mPE24 5WJ, Allen Close, Chapel St. Leonards, Skegness, PE24PE24 5WJ7 Addresses
- 154 mPE24 5UQ, Skegness Road, Chapel St. Leonards, Skegness, PE24PE24 5UQ26 Addresses
- 168 mPE24 5YL, Beatrice Way, Chapel St. Leonards, Skegness, PE24PE24 5YL12 Addresses
- 217 mPE24 5YY, Andrew Avenue, Chapel St. Leonards, Skegness, PE24PE24 5YY21 Addresses
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Property Typesin PE24 5WG
- 31 modern houses built after 1980
- 2 houses of an unknown age
- modern house (31)
- house (2)
Energy Efficiencyof properties in PE24 5WG
- Energy Performance Certificate (EPC) surveys conducted for 31 properties.
- The dominant rating is D.
- A (1)
- E (0)
- B (0)
- F (0)
- C (7)
- G (0)
- D (23)
- No EPC (2)
Schools Nearbyto PE24 5WG
The nearest primary school to PE24 5WG is Chapel St Leonards Primary School which is 186 metres away.
- 186mChapel St Leonards Primary School
- 2.1kmHogsthorpe Primary Academy
- 2.9kmIngoldmells Academy
The nearest secondary school is Skegness Academy which is 7.8 kilometres away.
- 7.8kmSkegness Academy
- 8.1kmSkegness Grammar School
- 10.5kmJohn Spendluffe Foundation Technology College
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Public Transport Nearbyto PE24 5WG
The closest station to PE24 5WG is Skegness station which is 8.8 kilometres away.
- 8.8kmSkegness
- 12.5kmHavenhouse
- 14.0kmThorpe Culvert
- 14.4kmWainfleet
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