You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in PE24

House Prices in PE24

The average house price in PE24 (Skegness) is £320,000 using HM Land Registry data.

The average property price increased by £23,763 (38.9%) over the last 5 years and increased by £4,749 (5.4%) over the last 12 months.

Over the last year, there were 136 residential property sales – a decrease of 4 transactions (-2.94%) relative to the previous year. The majority of house sales (38) were in the £174,000 - £218,000 range. Then came properties in the £130,000 - £174,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 67 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,942 (-3%).

In Jul 2025, there were 36 new estate agency instructions, 30 agreed home sales and 39 property price reductions.

5-Year Average Property Prices in PE24 (Skegness)

38.9%

Property prices in PE24 (Skegness) increased by 38.9% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in PE24 (Skegness) Over the Last Year

5.4%

Property prices in PE24 (Skegness) increased by 5.4% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for PE24 (Skegness) - Jul 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in PE24 (Skegness)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in PE24 (Skegness)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in PE24 (Skegness)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the PE24 (Skegness) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PE24 postcode area since 1995.

Recent Sales in PE24 (Skegness)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Laggan, Sea Road, Anderby, Skegness, Lincolnshire, PE24 5YE	£235,000	£225,000	-£10,000	17 Aug 2024	10 Feb 2025	177 Days
The Dormers, Wainfleet Road, Burgh Le Marsh, Skegness, Lincolnshire, PE24 5ED	£325,000	£320,000	-£5,000	09 Oct 2024	07 Feb 2025	121 Days
3 Venables Close, Burgh Le Marsh, Skegness, Lincolnshire, PE24 5DU	£210,000	£197,000	-£13,000	24 Jul 2024	07 Feb 2025	198 Days
6 Well Vale Drive, Chapel St Leonards, Skegness, Lincolnshire, PE24 5SE	£235,000	£200,000	-£35,000	10 Jul 2024	07 Feb 2025	212 Days
10 Tindall Way, Wainfleet St Mary, Skegness, Lincolnshire, PE24 4EY	£195,000	£180,000	-£15,000	23 Jul 2024	03 Feb 2025	195 Days
10 Elizabeth Court, Chapel St Leonards, Skegness, Lincolnshire, PE24 5RU	£200,000	£200,000	£0	30 Apr 2024	27 Jan 2025	272 Days
31 Tylers Close, Chapel St Leonards, Skegness, Lincolnshire, PE24 5SF	£200,000	£187,000	-£13,000	16 Feb 2024	24 Jan 2025	343 Days
50 Sea Road, Chapel St Leonards, Skegness, Lincolnshire, PE24 5SA	£160,000	£155,000	-£5,000	16 Aug 2024	17 Jan 2025	154 Days
9 South Road, Chapel St Leonards, Skegness, Lincolnshire, PE24 5TH	£200,000	£185,000	-£15,000	09 Aug 2024	03 Jan 2025	147 Days
17 Tylers Close, Chapel St Leonards, Skegness, Lincolnshire, PE24 5SF	£190,000	£185,000	-£5,000	08 Jul 2024	23 Dec 2024	168 Days
Aldersgate, Spilsby Road, Wainfleet, Skegness, Lincolnshire, PE24 4LP	£340,000	£335,000	-£5,000	26 Jun 2024	17 Dec 2024	174 Days
1 Burgh Road, Orby, Skegness, Lincolnshire, PE24 5HR	£244,950	£235,000	-£9,950	25 Sep 2024	13 Dec 2024	79 Days
7 Landseer Avenue, Chapel St Leonards, Skegness, Lincolnshire, PE24 5QZ	£200,000	£185,000	-£15,000	25 Apr 2024	06 Dec 2024	225 Days
11 Claremont Road, Burgh Le Marsh, Skegness, Lincolnshire, PE24 5HG	£230,000	£226,000	-£4,000	13 Jun 2024	26 Nov 2024	166 Days
14 Bethlem Crescent, Wainfleet St Mary, Skegness, Lincolnshire, PE24 4EL	£283,000	£280,000	-£3,000	08 Jul 2024	22 Nov 2024	137 Days
7a, Church Farm Close, Chapel St Leonards, Skegness, Lincolnshire, PE24 5SQ	£249,950	£248,950	-£1,000	28 Jun 2024	15 Nov 2024	140 Days
37 Simpson Close, Chapel St Leonards, Skegness, Lincolnshire, PE24 5JU	£160,000	£156,000	-£4,000	07 Jun 2024	14 Nov 2024	160 Days
Whitegates, St Michaels Lane, Wainfleet St Mary, Skegness, Lincolnshire, PE24 4HB	£220,000	£200,000	-£20,000	06 Nov 2023	14 Nov 2024	374 Days
13 Wilton Avenue, Chapel St Leonards, Skegness, Lincolnshire, PE24 5SG	£189,500	£125,000	-£64,500	10 Mar 2021	31 Oct 2024	1331 Days
17 Dawson Drive, Burgh Le Marsh, Skegness, Lincolnshire, PE24 5NA	£175,000	£169,000	-£6,000	03 May 2024	28 Oct 2024	178 Days

Most Expensive Streets in PE24 (Skegness)

Postcode	Street	Area	Average	No. of Sales
PE24 5BZ	Summergates Lane	Skegness	£549,333	3
PE24 5EW	Station Road	Skegness	£467,082	6
PE24 5FR	Springfields Close	Skegness	£463,200	10
PE24 4LD	Thorpe Fen	Skegness	£437,500	3
PE24 5AF	Billgate Lane	Skegness	£414,166	3
PE24 5AL	Wainfleet Road, Bratoft Corner	Skegness	£404,000	3
PE24 5AH	Wainfleet Road	Skegness	£403,800	5
PE24 4RL	Croft Bank	Skegness	£389,333	3
PE24 5DS	The Paddocks	Skegness	£384,166	3
PE24 4LN	Spilsby Road	Skegness	£364,000	5

Least Expensive Streets in PE24 (Skegness)

Postcode	Street	Area	Average	No. of Sales
PE24 5UR	Sunningdale Close	Skegness	£49,658	3
PE24 5TQ	Sunningdale Close	Skegness	£53,862	4
PE24 4BN	High Street	Skegness	£75,166	3
PE24 5US	Eastfield Park, St Leonards Drive	Skegness	£83,500	4
PE24 4BH	High Street	Skegness	£95,000	3
PE24 5PP	High Street	Skegness	£100,333	3
PE24 4DW	Carr Lane	Skegness	£104,100	5
PE24 5XR	Grace Crescent	Skegness	£122,500	6
PE24 4DH	St John Street	Skegness	£123,333	3
PE24 5JU	Simpson Close	Skegness	£124,666	6