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House Prices in PE24

The average house price in PE24 (Skegness) is £279,000 using HM Land Registry data.

The average property price decreased by £5,211 (-2.29%) over the last 5 years and decreased by £1,042 (-0.47%) over the last 12 months.

Over the last year, there were 124 residential property sales – a decrease of 65 transactions (-52.42%) relative to the previous year. The majority of house sales (32) were in the £156,000 - £192,000 range. Then came properties in the £192,000 - £228,000 range, where 25 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 77 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,797 (-3%).

In Apr 2026, there were 36 new estate agency instructions, 25 agreed home sales and 33 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) - Apr 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
The Bungalow, Chop Hills, Skegness, PE24 4NA	£259,950	£259,950	£0	14 Aug 2025	18 Feb 2026	188 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
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
Salem, Vicarage Lane, Skegness, PE24 4JJ	£295,000	£290,000	-£5,000	06 Aug 2025	07 Jan 2026	154 Days
44 Holden Drive, Skegness, PE24 5LZ	£249,950	£238,000	-£11,950	27 Aug 2025	05 Jan 2026	131 Days
15 Elm Crescent, Skegness, PE24 5EG	£235,000	£230,000	-£5,000	21 Jun 2025	09 Dec 2025	171 Days
9 Foundry Mews, Skegness, PE24 5HQ	£200,000	£200,000	£0	25 Jan 2025	05 Dec 2025	314 Days
8 Magdalen Road, Skegness, PE24 4DE	£172,500	£164,000	-£8,500	23 Dec 2024	28 Nov 2025	340 Days
37 South Road, Chapel St. Leonards, Chapel St Leonards, PE24 5TL	£295,000	£282,500	-£12,500	13 Jun 2025	27 Nov 2025	167 Days
7 Wilton Avenue, Skegness, PE24 5SG	£195,000	£190,000	-£5,000	04 Apr 2025	19 Nov 2025	229 Days
The Den, Boston Road, Wainfleet St. Mary, Wainfleet St Mary, PE24 4EX	£120,000	£120,000	£0	30 Jun 2025	14 Nov 2025	137 Days
144 Sea Road, Skegness, PE24 5RY	£200,000	£200,000	£0	04 Jul 2025	03 Nov 2025	122 Days
25 Beaumont Close, Skegness, PE24 5DT	£240,000	£240,000	£0	08 May 2025	14 Oct 2025	159 Days
6 Wildshed Lane, Skegness, PE24 5BW	£225,000	£225,000	£0	30 Apr 2025	09 Oct 2025	162 Days
2 Elizabeth Court, Skegness, PE24 5RU	£149,950	£145,000	-£4,950	02 Jun 2025	01 Oct 2025	121 Days
The Squirrels, Station Road, Skegness, PE24 4NN	£294,950	£294,950	£0	02 May 2025	29 Sep 2025	150 Days
26a, The Causeway, Skegness, PE24 5LT	£89,950	£88,500	-£1,450	28 Feb 2025	26 Sep 2025	210 Days
3 Mill Road, Addlethorpe, PE24 4TE	£195,000	£185,000	-£10,000	11 Jun 2025	22 Sep 2025	103 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	£492,915	6
PE24 5FR	Springfields Close	Skegness	£463,200	10
PE24 4LD	Thorpe Fen	Skegness	£437,500	3
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

Least Expensive Streets in PE24 (Skegness)

Postcode	Street	Area	Average	No. of Sales
PE24 5UR	Sunningdale Close	Skegness	£49,743	4
PE24 5TQ	Sunningdale Close	Skegness	£62,290	5
PE24 4BN	High Street	Skegness	£75,166	3
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