Skegness House Prices Skegness House Prices

The average house price in Skegness is £156,181 using HM Land Registry data.

The average property price increased by £24,272 (13.64%) over the last 5 years and increased by £4,851 (2.46%) over the last 12 months.

Over the last year, there were 234 residential property sales – an increase of 28 transactions (11.97%) relative to the previous year. The majority of house sales (60) were in the £140,000 - £180,000 range. Then came properties in the £180,000 - £220,000 range, where 41 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 87 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,907 (-3%).

In May 2025, there were 60 new estate agency instructions, 47 agreed home sales and 57 property price reductions.

5-Year Average Property Prices in Skegness

13.64%

Property prices in Skegness increased by 13.64% 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 Skegness Over the Last Year

2.46%

Property prices in Skegness increased by 2.46% 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.

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).

Property Market Heat Gauge for Skegness - May 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 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 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 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 Skegness since 1995

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

Recent Property Sales in Skegness

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
10 The Meadows, Skegness, Lincolnshire, PE25 2JA£149,950£147,500-£2,45011 Sep 202417 Feb 2025159 Days
20 St Marys Road, Skegness, Lincolnshire, PE25 2LT£275,000£275,000£016 Oct 202430 Jan 2025106 Days
5 St Frances Close, Skegness, Lincolnshire, PE25 2LY£230,000£202,000-£28,00019 Jun 202424 Jan 2025219 Days
14 Portland Drive, Skegness, Lincolnshire, PE25 1HF£199,950£197,500-£2,45022 Aug 202424 Jan 2025155 Days
30 Langton Court, Skegness, Lincolnshire, PE25 2RB£89,950£85,000-£4,95027 Apr 202417 Jan 2025265 Days
214 Burgh Road, Skegness, Lincolnshire, PE25 2LW£475,000£457,500-£17,50002 Aug 202415 Jan 2025166 Days
48 Langton Court, Skegness, Lincolnshire, PE25 2RB£92,950£92,950£003 Sep 202410 Jan 2025129 Days
160 Roman Bank, Skegness, Lincolnshire, PE25 1SF£240,000£235,000-£5,00026 Jun 202406 Jan 2025194 Days
18 Derby Avenue, Skegness, Lincolnshire, PE25 3DH£350,000£335,000-£15,00013 Aug 202406 Jan 2025146 Days
9 Gleneagles Drive, Skegness, Lincolnshire, PE25 1DR£220,000£220,000£022 Aug 202403 Jan 2025134 Days
4 James Avenue, Skegness, Lincolnshire, PE25 2HE£119,000£114,000-£5,00023 Sep 202420 Dec 202488 Days
32 Hoylake Drive, Skegness, Lincolnshire, PE25 1AB£244,950£235,000-£9,95005 Apr 202419 Dec 2024258 Days
53 Firbeck Avenue, Skegness, Lincolnshire, PE25 3LA£400,000£400,000£022 May 202419 Dec 2024211 Days
91 Grosvenor Road, Skegness, Lincolnshire, PE25 2DG£130,000£120,000-£10,00017 Jul 202419 Dec 2024155 Days
5 Lynn Well Close, Skegness, Lincolnshire, PE25 1DS£199,950£188,000-£11,95006 Sep 202418 Dec 2024103 Days
51 Cavendish Road, Skegness, Lincolnshire, PE25 2QZ£149,950£145,000-£4,95025 Sep 202418 Dec 202484 Days
132 Burgh Road, Skegness, Lincolnshire, PE25 2RJ£195,000£180,000-£15,00029 May 202416 Dec 2024201 Days
143a, Drummond Road, Skegness, Lincolnshire, PE25 3BS£169,950£162,500-£7,45013 Sep 202413 Dec 202491 Days
2 Lettwell Crescent, Skegness, Lincolnshire, PE25 3LB£280,000£270,000-£10,00021 Jun 202413 Dec 2024175 Days
6 Hudson Way, Skegness, Lincolnshire, PE25 2JL£145,000£142,000-£3,00011 Jul 202412 Dec 2024154 Days

Most Expensive Streets in Skegness

PostcodeStreetAreaAverageNo. of Sales
PE25 3AYDrummond RoadSkegness£406,6663
PE25 1DLSt Andrews DriveSkegness£402,0004
PE25 3DQAlbert AvenueSkegness£398,3995
PE25 3ATDrummond RoadSkegness£376,6663
PE25 1DJSt Andrews DriveSkegness£355,1666
PE25 3APSeacroft DriveSkegness£351,3754
PE25 3ALPrecinct CrescentSkegness£348,3333
PE25 3BSDrummond RoadSkegness£310,5006
PE25 3LAFirbeck AvenueSkegness£305,2508
PE25 3EWLifeboat AvenueSkegness£295,0003

Least Expensive Streets in Skegness

PostcodeStreetAreaAverageNo. of Sales
PE25 2SZScarbrough AvenueSkegness£48,5005
PE25 2SBEllis CourtRoman Bank£51,5003
PE25 2RFBaythorpe Caravan ParkBurgh Road£75,6576
PE25 2RBLangton CourtSkegness£81,3229
PE25 3RNThe CornersGrantham Drive£90,8754
PE25 1GPParliament CloseSkegness£92,1254
PE25 1FRLincoln HouseBeacon Park Drive£94,0605
PE25 2EHAnwick HouseNormanby Road£94,9506
PE25 2BFHemswell HouseBraceby Road£98,1663
PE25 2EQElsham HouseNormanby Road£99,1676

Explore Skegness and Neighbouring Area House Prices

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