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Rays WayHouse Prices / East Midlands, East Lindsey
Last updated Jun 2026
Key Street Insights
Rays Way is a residential street with 9 addresses.
It ranks as the 145th largest and 226th most expensive of the 329 streets in the PE24 area. The dominant property type is a modern house built after 1980.
The street contains a total of 9 properties: 9 houses.
9
Properties
- Houses
Key Street Insights
Rays Way is a residential street with 9 addresses.
It ranks as the 145th largest and 226th most expensive of the 329 streets in the PE24 area. The dominant property type is a modern house built after 1980.
The street contains a total of 9 properties: 9 houses.
9
Properties
- Houses
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House Priceson Rays Way
Sale prices range from £169,290 for 2 bedroom freehold houses with a garden (764 ft2) to £257,071 for 3 bedroom freehold houses with a garden (871 ft2) .
Monthly rental prices range from £863 pcm for 2 bed houses to £1,043 pcm for 3 bed houses.
The gross rental yield is between 4.8% and 6.1%.
The average value per square foot is £298.
Average Sale Value
£233,873
Average Rental Value
£963 pcm
Average Rental Yield
4.9% /year
Average Value Per Sqft
£298 /ft2
Sales Market Trendson Rays Way
The last sale on Rays Way sold for £265,000 on 24th March 2025. Since then prices are down an average of 2.1%.
The current average value in the street is £233,873.
The Rays Way Sales Market has increased by 39.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.6% | £233,873 |
| May 2025 | -1.3% | £240,049 |
| May 2024 | -2.5% | £243,333 |
| May 2023 | 3.4% | £249,655 |
| May 2022 | 14.5% | £241,502 |
| May 2021 | 9.6% | £210,888 |
| May 2020 | 2.3% | £192,443 |
| May 2019 | 2.9% | £188,166 |
| May 2018 | 2.2% | £182,863 |
| May 2017 | 6.3% | £178,909 |
| May 2016 | 2.7% | £168,279 |
| May 2015 | 4.7% | £163,803 |
| May 2014 | 5.4% | £156,375 |
| May 2013 | -0.8% | £148,402 |
| May 2012 | -0.8% | £149,528 |
| May 2011 | -1.7% | £150,663 |
| May 2010 | -0.5% | £153,345 |
| May 2009 | -7.7% | £154,099 |
| May 2008 | -2.7% | £166,978 |
| May 2007 | 0% | £171,556 |
Rental Market Trendson Rays Way
The current average rental value in the street is £963.
The Rays Way Rental Market has increased by 51.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.2% | £963pcm |
| May 2025 | 4% | £924pcm |
| May 2024 | 6.6% | £889pcm |
| May 2023 | 7.6% | £834pcm |
| May 2022 | 6.5% | £775pcm |
| May 2021 | 7% | £728pcm |
| May 2020 | 1.8% | £680pcm |
| May 2019 | -0.5% | £668pcm |
| May 2018 | 2.5% | £672pcm |
| May 2017 | 2.8% | £655pcm |
| May 2016 | 6.1% | £638pcm |
| May 2015 | 4.8% | £601pcm |
| May 2014 | 2.8% | £573pcm |
| May 2013 | 0.4% | £558pcm |
| May 2012 | 2% | £555pcm |
| May 2011 | 3.6% | £545pcm |
| May 2010 | -0.8% | £526pcm |
| May 2009 | -7.2% | £530pcm |
| May 2008 | 3.1% | £571pcm |
| May 2007 | 0% | £554pcm |
Explore Propertieson Rays Way, Chapel St. Leonards, Skegness, PE24
- 1, Rays Way, Skegness, PE24 5WA2 bed modern house
- 2, Rays Way, Skegness, PE24 5WA2 bed modern house
- 3, Rays Way, Skegness, PE24 5WA2 bed modern house
- 4, Rays Way, Skegness, PE24 5WA2 bed modern house
- 5, Rays Way, Skegness, PE24 5WA2 bed modern house
- 6, Rays Way, Skegness, PE24 5WA3 bed modern house
- 7, Rays Way, Skegness, PE24 5WA2 bed modern house
- 8, Rays Way, Skegness, PE24 5WA3 bed modern house
- 9, Rays Way, Skegness, PE24 5WA
Sales Historyon Rays Way, Chapel St. Leonards, Skegness, PE24
The last sale was on 24th March 2025 for £265,000 and since then the market in the area has decreased by 2.1%. The street has had a total of 8 sales since 1995.
Rays Way, Chapel St. Leonards, Skegness, PE24 has seen 3 sales in the last three years and no sales in the last twelve months.
Sold Mar 2025£265,000 | 2 Bed HouseRays Way5, Rays Way, Skegness, PE24 5WA
Sold Jun 2023£250,000 | 2 Bed HouseRays Way7, Rays Way, Skegness, PE24 5WA
Sold Feb 2023£265,000 | 3 Bed HouseRays Way6, Rays Way, Skegness, PE24 5WA
Sold Nov 2022£245,000 | 2 Bed HouseRays Way4, Rays Way, Skegness, PE24 5WA
Sold Jun 2022£250,000 | 2 Bed HouseRays Way2, Rays Way, Skegness, PE24 5WA
Sold Nov 2021£239,950 | 2 Bed HouseRays Way5, Rays Way, Skegness, PE24 5WA
Sold Sep 2021£234,950 | 2 Bed HouseRays Way3, Rays Way, Skegness, PE24 5WA
Sold Apr 2021£249,950 | 2 Bed HouseRays Way1, Rays Way, Skegness, PE24 5WA
Top 3 Most Expensive Saleson Rays Way, Chapel St. Leonards, Skegness, PE24
Nearby Streetsto Rays Way, Chapel St. Leonards, Skegness, PE24
Rays Way, Chapel St. Leonards, Skegness, PE24 is the 145th largest and the 226th most expensive street in the PE24 area.
- 68 mEric Avenue, Chapel St. Leonards, Skegness, PE245 Addresses
- 148 mEast View Close, Chapel St. Leonards, Skegness, PE2433 Addresses
- 168 mJacksons Drive, Chapel St. Leonards, Skegness, PE241 Addresses
- 178 mGatrum Lane, Chapel St. Leonards, Skegness, PE249 Addresses
- 200 mSidney Close, Chapel St. Leonards, Skegness, PE2416 Addresses
- 201 mWell Vale Court, Chapel St. Leonards, Skegness, PE243 Addresses
Postcodeson Rays Way, Chapel St. Leonards, Skegness, PE24
There is 1 postcode on Rays Way, Chapel St. Leonards, Skegness, PE24.
- House prices in PE24 5WA9 Addresses
Property Typesin Rays Way
- 8 modern houses built after 1980
- 1 other address of unknown type
- modern house (8)
- Unknown (1)
Energy Efficiencyof properties on Rays Way
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The dominant rating is B.
- A (0)
- E (0)
- B (8)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Schools Nearbyto Rays Way, Chapel St. Leonards, Skegness, PE24
The nearest primary school to Rays Way, Chapel St. Leonards, Skegness, PE24 is Chapel St Leonards Primary School which is 500 metres away.
- 500mChapel St Leonards Primary School
- 2.5kmHogsthorpe Primary Academy
- 2.7kmIngoldmells Academy
The nearest secondary school is Skegness Academy which is 7.7 kilometres away.
- 7.7kmSkegness Academy
- 7.9kmSkegness Grammar School
- 11.0kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearbyto Rays Way, Chapel St. Leonards, Skegness, PE24
The closest station to Rays Way, Chapel St. Leonards, Skegness, PE24 is Skegness station which is 8.6 kilometres away.
- 8.6kmSkegness
- 12.4kmHavenhouse
- 14.1kmThorpe Culvert
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