Housing Market Analysis for SUMMER GATES LANE, PE24 5BZ

Are you looking to understand PE24 5BZ 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 5BZ area, explore the PE24 5BZ Area information page.
For comprehensive crime statistics in the PE24 5BZ area, explore the PE24 5BZ Crime Rates page.

Overview of Sold House prices

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

  • Detached
    • The average price is around £288,962 median price is £275,000 Standard Deviation is £176,783 with Total Sold: 13
    • The Last 5 Year average price is £549,333 with Total Sold: 3
    • The most recent sale happened at this postcode is SHILOH SUMMER GATES LANE: £530,000 (Sold on 29 Jan 2024)
    • The first recorded sale happened at this postcode is BRATOFT MANOR SUMMER GATES LANE: £98,000 (Sold on 15 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average PE24 5BZ 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£530,000 £2,409 1
2022£559,000 £2,694 2
2018£335,000 £1,523 1
2015£348,000 £1,923 1
2014£87,500 £764 1
2012£330,000 £2,387 1
2009£250,000 £1,894 1
2005£275,000 £1,519 1
2003£60,000 £426 1
2002£250,000 £1,078 1
1999£75,000 £379 1
1996£98,000 £422 1

All the Sales in the SUMMER GATES LANE, PE24 5BZ

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

AddressSold DatePrice% Change
SHILOH SUMMER GATES LANEDetached, FreeholdArea: 220 Sq.mtrAge: 1983-199029 Jan 2024£530,00058.21%
14 Nov 2018£335,000First Sale
BRATOFT MANOR SUMMER GATES LANEDetached, FreeholdArea: 232 Sq.mtrAge: 1991-199501 Apr 2022£650,000160.00%
23 Nov 2002£250,000155.10%
15 Mar 1996£98,000First Sale
TUDOR LODGE SUMMER GATES LANEDetached, FreeholdArea: 181 Sq.mtrAge: 1983-199025 Feb 2022£468,00034.48%
26 Aug 2015£348,00026.55%
11 May 2005£275,000First Sale
COUNTRY VIEW SUMMER GATES LANEDetached, FreeholdArea: 114.6 Sq.mtrAge: 1976-198201 Sep 2014£87,500First Sale
WOODLANDS SUMMER GATES LANEDetached, FreeholdArea: 138.24 Sq.mtrAge: 1991-199509 Aug 2012£330,000First Sale
MEADOW VIEW SUMMER GATES LANEDetached, FreeholdArea: 132 Sq.mtrAge: 1991-199526 Oct 2009£250,000First Sale
ORCHARD VIEW SUMMER GATES LANEDetached, FreeholdArea: 141 Sq.mtrAge: 1950-196617 Oct 2003£60,000First Sale
YEW TREE HOUSE SUMMER GATES LANEDetached, FreeholdArea: 198 Sq.mtrAge: before 190030 Sep 1999£75,000First Sale

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

SUMMER GATES LANE, PE24 5BZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PE24 5BZ 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 5BZ postcode.

  • Detached
    • The average price is around £281,422 median price is £250,000 Standard Deviation is £217,202 with Total Sold: 27
    • The Last 5 Year average price is £670,750 with Total Sold: 4
    • The most recent sale happened at this postcode is , SHILOH SUMMER GATES LANE: £530,000 (Sold on 29 Jan 2024)
    • The first recorded sale happened at this postcode is , BRATOFT MANOR SUMMER GATES LANE: £98,000 (Sold on 15 Mar 1996)
  • Other
    • The average price is around £460,000 median price is £460,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE GRANGE : £460,000 (Sold on 27 Apr 2018)
    • The first recorded sale happened at this postcode is , THE GRANGE : £460,000 (Sold on 27 Apr 2018)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£530,000 £2,409 1
2023£1,035,0001
2022£559,000 £2,694 2
2018£385,833 £2,311 3
2015£348,000 £1,923 1
2014£87,500 £764 1
2013£97,000 £1,198 1
2012£330,000 £2,387 1
2009£250,000 £1,894 1
2007£310,000 £4,627 1
2005£275,000 £1,519 1
2004£312,500 £2,163 3
2003£120,000 £426 2
2002£250,000 £1,078 1
1999£94,488 £537 4
1998£79,9501
1997£77,0001
1996£98,000 £422 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£460,000 £2,584 1

House Type in PE24 5BZ area

The most common house types in the PE24 5BZ postcode area are Detached (58), Semi-detached (1), and Flat (1).

Total60
Detached58
Semi-detached1
Flat1
Terraced0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (37), and Owned: Owns with a mortgage or loan (16).

Owned: Owns outright37
Owned: Owns with a mortgage or loan16
Private rented: Other private rented4
Private rented: Private landlord or letting agency3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the PE24 5BZ have 2 people in household (23), and 1 person in household (18).

2 people in household23
1 person in household18
4 people in household8
3 people in household6
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0