Local market reports › PE area › PE25 › PE25 2
Croft market report PE25 2, Skegness
The PE25 2 (Croft) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 4,109 HM Land Registry entries for PE25 2 (Skegness), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: 41 registered 2026 sales put the PE25 2 (Skegness) median at £171,000, up 2% on five years earlier, with a mean of £170,600, and by floor area homes here have averaged about £2,160 per square metre over the last five years. Everything rests on 4,109 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
PE25 2 is one sector of PE25 (Skegness): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where PE25 2 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
The going rate for a home in PE25 2
In the PE25 2 property market, the 2026 median sale price is £171,000, from 41 registered sales; the mean, the "average house price" most sites quote, is £170,600, sitting practically level with it: prices here bunch tightly around the middle.
House prices per square metre in PE25 2
Measured by floor area, the last five years of PE25 2 sales average about £2,160 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
England and Wales as a whole trade at a £285,000 median, leaving PE25 2 40% below the national figure.
PE25 2's median sold price, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £171,000 | £171,000 | 41 |
| 2025 | £170,000 | £174,065 | 102 |
| 2024 | £154,000 | £163,734 | 104 |
| 2023 | £172,000 | £188,986 | 98 |
| 2022 | £175,000 | £205,207 | 158 |
| 2021 | £168,000 | £212,710 | 163 |
| 2020 | £141,000 | £182,950 | 85 |
| 2019 | £137,000 | £179,574 | 125 |
| 2018 | £136,000 | £181,291 | 129 |
| 2017 | £130,000 | £177,307 | 122 |
| 2016 | £123,000 | £172,078 | 89 |
| 2015 | £129,000 | £182,277 | 81 |
| 2014 | £120,000 | £170,241 | 104 |
| 2013 | £114,000 | £164,035 | 75 |
| 2012 | £117,800 | £173,387 | 76 |
| 2011 | £113,000 | £170,587 | 83 |
| 2010 | £120,000 | £188,191 | 82 |
| 2009 | £110,000 | £176,826 | 104 |
| 2008 | £106,000 | £173,756 | 127 |
| 2007 | £134,500 | £228,149 | 176 |
| 2006 | £125,000 | £216,984 | 177 |
| 2005 | £111,500 | £198,425 | 146 |
| 2004 | £115,000 | £208,862 | 192 |
| 2003 | £90,000 | £165,802 | 212 |
| 2002 | £70,000 | £131,704 | 198 |
| 2001 | £58,000 | £111,502 | 179 |
| 2000 | £52,000 | £102,050 | 173 |
| 1999 | £45,000 | £89,683 | 154 |
| 1998 | £46,000 | £92,854 | 159 |
| 1997 | £42,000 | £86,134 | 135 |
| 1996 | £39,200 | £82,671 | 162 |
| 1995 | £40,800 | £88,693 | 98 |
In cash terms the typical PE25 2 home went from £40,800 in 1995 to £171,000 in 2026, roughly 4 times the price. Inflation explains only part of it: in today's money the rise is still about 93%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2007. The market now sits about 25% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the PE25 2 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2003 (+28.6% on the year before); the weakest, 2008 (−21.2%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +0.6% | −1.8% |
| 5 years (since 2021) | +0.4% | −4.3% |
| 10 years (since 2016) | +3.3% | −0.1% |
| 20 years (since 2006) | +1.6% | −1.2% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
How many homes change hands in PE25 2
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
PE25 2 recorded 41 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 182 sales a year before the financial crisis and 101 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
What kind of market PE25 2 is
Only 41 sales completed here in the last twelve months of data, which makes PE25 2 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching.
Rents around PE25 2
The local authority for PE25 2 is East Lindsey, and its ONS average private rent currently stands at £694 a month (May 2026 figures). Size sets most of the rent: one-beds average £515 a month here against £1,131 for four or more bedrooms.
Average monthly rent by size, East Lindsey
ONS Price Index of Private Rents, May 2026.
Against the £171,000 median purchase price, a rent of £694 a month (£8,328 a year) works out at a 4.9% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
What people ask about PE25 2 (Croft)
How much did a house sell for in PE25 2 (Croft)?
Are property prices falling in PE25 2 (Croft)?
Is PE25 2 (Croft) a good place to buy a house?
Will PE25 2 prices rise from here?
Prediction is not this page's business. Its business is the record, which says: the median is roughly flat over five years in cash but down 20% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
On the market in PE25 today
Turning to what is actually available: 206 homes on the market right now, from 5 agents publishing to HomesIndex.
These cover the whole PE25 district, not just PE25 2: live asking prices are collected per district.
21% of what is on the market here is asking below what comparable homes actually sold for. Each listing is compared with recent recorded sales of similar homes nearby.
- Drummond Road, Skegness, PE25, Skegness
- Barnes Crescent, Skegness, PE25, Skegness
- Roman Bank, Skegness
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every PE25 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
The price of an extra bedroom in PE
Real sold prices by size across the PE area, straight from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £245,000 | £338,000 (+38%) | £482,750 (+43%) | £645,000 (+34%) |
| Semi-detached | £187,000 | £220,000 (+18%) | £257,500 (+17%) | £340,000 (+32%) | £455,000 (+34%) |
| Terraced | £170,000 | £195,000 (+15%) | £225,000 (+15%) | £300,000 (+33%) | £465,000 (+55%) |
| Flat | £120,000 | £155,500 (+30%) | £230,000 (+48%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the PE area is the point: the same five years treated these districts very differently.
Five-year change in the median, PE area districts
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in PE25
A few minutes' walk can separate two very different markets. Here are PE25's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| PE25 1 | £192,500 | 38 |
| PE25 3 | £181,000 | 27 |
Zoom out to the full PE25 district report for the type split, monthly volumes and how PE25 compares with its neighbours.
Thinking of selling in PE25 2? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in PE25 2, open the average prices map and zoom from the PE25 2 shading down to the sold homes on your own street. Every recorded PE25 2 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim PE25 2.
Go deeper
Behind the answers sits the same Land Registry record as this page, with PE25 2 already set as the subject. Free, one click sign in.
The live map plots every individual PE25 2 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.