# PE24 5SN Area Summary
The PE24 5SN postcode falls within the Skegness area of Lincolnshire, a traditional English seaside resort town on the east coast. With 98 properties showing an average price of just £30,196, this represents an exceptionally low valuation that is highly unusual for standard residential freehold properties. This pricing level strongly suggests the area is dominated by static caravans, chalets, or holiday park accommodation rather than conventional houses or flats.
The Skegness property market includes a significant proportion of leisure and holiday properties, particularly in coastal zones where caravan parks and holiday villages are prevalent. These types of properties typically command much lower prices than standard residential dwellings due to their construction type, shorter lifespan, site fees, and restrictions on permanent occupancy. The area attracts buyers seeking affordable holiday homes or seasonal investment properties, with the seaside location offering traditional beach amenities and entertainment.
Whilst Skegness itself does have conventional residential areas with higher property values, the PE24 5SN postcode's pricing indicates a leisure-focused property segment. Potential buyers should be aware that such properties often come with annual pitch fees, may have restrictions on year-round living, and generally don't appreciate in value like traditional bricks-and-mortar homes.
The average house price in PE24 5SN, Skegness is £30,196. Prices range from £500 to £200,000.
There are 98 properties in PE24 5SN, Skegness.
PE24 5SN contains 80 other properties, 14 detached properties, 4 semi-detached properties.
Average house prices in PE24 5SN have fallen by 21.2% from £34,250 in 1995 to £27,000 in 2025.
PE24 5SN is located in Skegness, Lincolnshire, England.
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