# PE25 2RE Area Summary
PE25 2RE covers part of Skegness, a traditional seaside resort town on the Lincolnshire coast. With an average property price of £107,190 based on 72 properties, this area sits well below the national average, making it one of the more affordable locations in England. The postcode falls within the broader Skegness area, which has long been characterised by its tourism economy and traditional beach town appeal.
The property market here reflects Skegness's status as a coastal town with a significant seasonal economy. The substantially lower-than-average prices make this area particularly attractive to first-time buyers, retirees seeking affordable coastal living, and investors interested in the holiday let market. The housing stock typically includes a mix of terraced properties, bungalows, and flats, many dating from the mid-20th century when the town expanded as a holiday destination.
Skegness offers traditional seaside attractions, including its famous beach, pier, and various entertainment venues that draw visitors throughout the summer months. Whilst the town's economy remains heavily reliant on tourism, this creates both opportunities and challenges for the property market, with some buyers attracted by the potential for holiday lettings alongside those seeking permanent coastal residence at accessible price points.
The average house price in PE25 2RE, Skegness is £107,190. Prices range from £50,000 to £190,000.
There are 72 properties in PE25 2RE, Skegness.
PE25 2RE contains 29 detached properties, 22 terraced properties, 13 flat / maisonette properties, 8 semi-detached properties.
Average house prices in PE25 2RE have risen by 10.3% from £89,759 in 2002 to £99,000 in 2023.
PE25 2RE is located in Skegness, Lincolnshire, England.