Housing Market Analysis for MILL LANE, PE24 5BB

Are you looking to understand PE24 5BB house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this East Lindsey postcode.

For the location information and nearby amenities in the PE24 5BB area, explore the PE24 5BB Area information page.
For comprehensive crime statistics in the PE24 5BB area, explore the PE24 5BB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PE24 5BB postcode area, The average prices are as follows,

  • Other
    • The average price is around £550,000 median price is £550,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £550,000 with Total Sold: 1
    • The most recent sale happened at this postcode is MILL LANE FARMHOUSE MILL LANE: £550,000 (Sold on 31 Aug 2022)
    • The first recorded sale happened at this postcode is MILL LANE FARMHOUSE MILL LANE: £550,000 (Sold on 31 Aug 2022)
  • Detached
    • The average price is around £144,000 median price is £122,500 Standard Deviation is £98,126 with Total Sold: 6
    • The most recent sale happened at this postcode is MILL LANE FARMHOUSE MILL LANE: £350,000 (Sold on 24 Jul 2015)
    • The first recorded sale happened at this postcode is MILL LANE FARMHOUSE MILL LANE: £77,000 (Sold on 29 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average PE24 5BB house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£550,000 £3,793 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£350,000 £2,414 1
2011£115,000 £1,016 1
2001£138,500 £1,014 2
1997£45,000 £398 1
1996£77,000 £531 1

All the Sales in the MILL LANE, PE24 5BB

See the table below for more details on the sold house prices in the PE24 5BB, East Lindsey postcode.

AddressSold DatePrice% Change
MILL LANE FARMHOUSE MILL LANEOther, FreeholdArea: 145 Sq.mtrAge: before 190031 Aug 2022£550,00057.14%
24 Jul 2015£350,000138.10%
20 Jul 2001£147,00090.91%
29 Dec 1996£77,000First Sale
ROSEDALE MILL LANEDetached, FreeholdArea: 113.19 Sq.mtrAge: 1950-196627 May 2011£115,000155.56%
24 Oct 1997£45,000First Sale
PARK HOUSE MILL LANEDetached, Freehold30 Mar 2001£130,000First Sale

Check out the sold house prices near the PE24 5BB postcode. Properties currently for saleProperties currently for rent

MILL LANE, PE24 5BB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PE24 5BB postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the PE24 5BB postcode.

  • Other
    • The average price is around £550,000 median price is £550,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £550,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , MILL LANE FARMHOUSE MILL LANE: £550,000 (Sold on 31 Aug 2022)
    • The first recorded sale happened at this postcode is , MILL LANE FARMHOUSE MILL LANE: £550,000 (Sold on 31 Aug 2022)
  • Detached
    • The average price is around £192,111 median price is £147,000 Standard Deviation is £113,848 with Total Sold: 9
    • The Last 5 Year average price is £200,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 62, GATEHOUSE : £200,000 (Sold on 15 May 2020)
    • The first recorded sale happened at this postcode is , MILL LANE FARMHOUSE MILL LANE: £77,000 (Sold on 29 Dec 1996)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£550,000 £3,793 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£200,000 £2,439 1
2018£385,000 £2,452 1
2015£350,000 £2,414 1
2014£280,000 £1,783 1
2011£115,000 £1,016 1
2001£138,500 £1,014 2
1997£45,000 £398 1
1996£77,000 £531 1

House Type in PE24 5BB area

The most common house types in the PE24 5BB postcode area are Detached (68), Semi-detached (11), and temporary structure (1).

Total80
Detached68
Semi-detached11
temporary structure1
Terraced0
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (49), and Owned: Owns with a mortgage or loan (18).

Owned: Owns outright49
Owned: Owns with a mortgage or loan18
Private rented: Private landlord or letting agency7
Social rented: Other social rented4
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the PE24 5BB have 2 people in household (40), and 1 person in household (13).

2 people in household40
1 person in household13
3 people in household13
4 people in household9
8 or more people in household2
5 people in household1
0 people in household0
6 people in household0
7 people in household0