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House Prices in PE24

The average house price in PE24 (Skegness) is £222,666 using HM Land Registry data.

The average property price decreased by £8,782 (-2.29%) over the last 5 years and decreased by £1,756 (-0.47%) over the last 12 months.

Over the last year, there were 137 residential property sales – a decrease of 44 transactions (-32.12%) relative to the previous year. The majority of house sales (34) were in the £156,000 - £192,000 range. Then came properties in the £192,000 - £228,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,654 (-4%).

In Jul 2026, there were 46 new estate agency instructions, 28 agreed home sales and 30 property price reductions.

5-Year Average Property Prices in PE24 (Skegness)

-2.29%

Property prices in PE24 (Skegness) decreased by -2.29% 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

-0.47%

Property prices in PE24 (Skegness) decreased by -0.47% 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 2026

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
34 Wainfleet Road, Skegness, PE24 5BN	£220,000	£210,000	-£10,000	12 Aug 2025	13 May 2026	274 Days
41 Ancaster Avenue, Skegness, PE24 5SN	£160,000	£150,000	-£10,000	23 Dec 2025	17 Apr 2026	115 Days
33 Well Vale Drive, Skegness, PE24 5SE	£200,000	£195,000	-£5,000	01 May 2025	13 Apr 2026	347 Days
99 Wellington House, Station Road, Skegness, PE24 5EW	£575,000	£555,000	-£20,000	27 May 2025	07 Apr 2026	315 Days
37 Hall Lane, Skegness, PE24 5LX	£269,950	£260,000	-£9,950	02 Jun 2025	02 Apr 2026	304 Days
Kimon, Thames Street, Skegness, PE24 5PT	£150,000	£148,000	-£2,000	08 Oct 2025	31 Mar 2026	174 Days
11 Prince Avenue, Skegness, PE24 5RR	£210,000	£195,000	-£15,000	21 Jun 2025	30 Mar 2026	282 Days
6 Claremont Road, Skegness, PE24 5HG	£240,000	£238,000	-£2,000	14 Nov 2025	26 Mar 2026	132 Days
17 Elliott Way, Skegness, PE24 5FH	£275,000	£265,000	-£10,000	29 Oct 2025	25 Mar 2026	147 Days
23 Goodwin Drive, Skegness, PE24 5NY	£190,000	£180,000	-£10,000	01 Oct 2025	25 Mar 2026	175 Days
20 Chapman Avenue, Skegness, PE24 5LY	£189,950	£182,000	-£7,950	30 May 2025	20 Mar 2026	294 Days
Mount Close, Chapel Lane, Skegness, PE24 4TG	£280,000	£270,000	-£10,000	03 Nov 2025	13 Mar 2026	130 Days
1 St Pauls Close, Skegness, PE24 5EQ	£220,000	£212,000	-£8,000	02 Jul 2025	06 Mar 2026	247 Days
The Bungalow, Chop Hills, Skegness, PE24 4NA	£259,950	£259,950	£0	14 Aug 2025	18 Feb 2026	188 Days
14 Swallow Close, Skegness, PE24 5RW	£240,000	£240,000	£0	05 Mar 2025	13 Feb 2026	345 Days
28 Brewster Lane, Skegness, PE24 4QJ	£219,950	£205,000	-£14,950	19 Jun 2025	04 Feb 2026	230 Days
10 Lakeside, Anderby Creek, PE24 5XS	£189,950	£175,000	-£14,950	21 Mar 2025	30 Jan 2026	315 Days
3 Dovecote Farm, Dovecote Road, Skegness, PE24 4AG	£190,000	£185,000	-£5,000	06 Feb 2025	29 Jan 2026	357 Days
1 Sunningdale Drive, Skegness, PE24 5TJ	£220,000	£200,000	-£20,000	11 Apr 2025	23 Jan 2026	287 Days
21 Tindall Way, Wainfleet St. Mary, Wainfleet St Mary, PE24 4EY	£180,000	£175,000	-£5,000	09 May 2025	22 Jan 2026	258 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	£542,915	6
PE24 5FR	Springfields Close	Skegness	£469,111	9
PE24 5HD	Ingoldmells Road	Skegness	£414,316	3
PE24 4LN	Spilsby Road	Skegness	£392,500	4
PE24 4LE	Old Fen Bank, Wainfleet	Skegness	£390,000	5
PE24 4RL	Croft Bank	Skegness	£385,000	4
PE24 5DS	The Paddocks	Skegness	£384,166	3
PE24 5XX	Sandy Lane, Anderby Creek	Skegness	£376,991	6
PE24 5AH	Wainfleet Road	Skegness	£376,650	3

Least Expensive Streets in PE24 (Skegness)

Postcode	Street	Area	Average	No. of Sales
PE24 5UR	Sunningdale Close	Skegness	£53,000	3
PE24 5TQ	Sunningdale Close	Skegness	£62,290	5
PE24 4BN	High Street	Skegness	£81,375	4
PE24 5US	Eastfield Park, St Leonards Drive	Skegness	£94,700	5
PE24 4BH	High Street	Skegness	£95,000	3
PE24 4DW	Carr Lane	Skegness	£101,375	4
PE24 4EF	Mount Pleasant	Skegness	£107,666	3
PE24 4BU	Market Place, Wainfleet	Skegness	£109,500	4
PE24 5QA	Thames Street	Skegness	£120,000	3
PE24 4HF	Queens Estate	Skegness	£124,000	3