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House Prices in DN16 House Prices in DN16 (Scunthorpe)

The average house price in DN16 (Scunthorpe) is £156,208 using HM Land Registry data.

The average property price increased by £34,612 (22.78%) over the last 5 years and increased by £6,919 (3.51%) over the last 12 months.

Over the last year, there were 348 residential property sales – a decrease of 130 transactions (-37.36%) relative to the previous year. The majority of house sales (83) were in the £108,000 - £136,000 range. Then came properties in the £136,000 - £164,000 range, where 76 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 82 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,627 (-2%).

In June 2024, there were 45 new estate agency instructions, 47 agreed home sales and 30 property price reductions.

Nearby Postcodes: DN10, DN14, DN15, DN17, DN18, DN20, DN21, DN22, DN38, DN39, DN8, DN9, LN1, LN7, LN8

5-Year Average Property Prices in DN16 (Scunthorpe)

22.78%

Property prices in Scunthorpe increased by 22.78% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in DN16 (Scunthorpe) Over the Last Year

3.51%

Property prices in Scunthorpe increased by 3.51% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for DN16 (Scunthorpe) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in DN16 (Scunthorpe)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in DN16 (Scunthorpe)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in DN16 (Scunthorpe)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the DN16 (Scunthorpe) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DN16 postcode area since 1995.

Recent Sales in DN16 (Scunthorpe)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
35 Trinity Road, Scunthorpe, North Lincolnshire, DN16 3LU£190,000£190,000£0017 Jan 202421 May 2024125 Days
14 Raymond Road, Scunthorpe, North Lincolnshire, DN16 2LN£98,950£90,000-£8,95012 Oct 202310 May 2024211 Days
61 King Edward Street, Scunthorpe, North Lincolnshire, DN16 1LZ£180,000£178,000-£2,00004 Jul 202310 May 2024311 Days
67 Jacklins Approach, Scunthorpe, North Lincolnshire, DN16 3PF£154,950£140,000-£14,95024 Jan 202407 May 2024104 Days
16 Amos Crescent, Scunthorpe, North Lincolnshire, DN16 1RA£115,000£107,000-£8,00023 Feb 202407 May 202474 Days
25 Copse Road, Scunthorpe, North Lincolnshire, DN16 3JA£170,000£170,000£0006 Feb 202402 May 202486 Days
93 Fairmont Crescent, Scunthorpe, North Lincolnshire, DN16 1EL£168,000£162,500-£5,50010 Nov 202329 Apr 2024171 Days
50 Baysdale Road, Scunthorpe, North Lincolnshire, DN16 2QD£165,000£160,000-£5,00008 Jan 202422 Apr 2024105 Days
69 Bushfield Road, Scunthorpe, North Lincolnshire, DN16 1NB£159,950£159,950£0008 Feb 202419 Apr 202471 Days
17 Mackender Court, Scunthorpe, North Lincolnshire, DN16 2JW£105,000£100,000-£5,00016 Aug 202317 Apr 2024245 Days
32 Wisteria Way, Scunthorpe, North Lincolnshire, DN16 3AQ£399,950£399,950£0001 Dec 202326 Mar 2024116 Days
27 Bottesford Avenue, Scunthorpe, North Lincolnshire, DN16 3EN£135,000£132,000-£3,00013 Nov 202319 Mar 2024127 Days
9 Tensing Road, Scunthorpe, North Lincolnshire, DN16 3DY£120,000£120,000£0014 Nov 202318 Mar 2024125 Days
8 Southfield Road, Scunthorpe, North Lincolnshire, DN16 3BU£90,000£80,000-£10,00022 Aug 202315 Mar 2024206 Days
29 Langley Drive, Scunthorpe, North Lincolnshire, DN16 3TY£190,000£185,000-£5,00024 Jul 202312 Mar 2024232 Days
2 Kathleen Avenue, Scunthorpe, North Lincolnshire, DN16 3EQ£142,000£134,000-£8,00012 Sep 202311 Mar 2024181 Days
8 Old School Lane, Bottesford, Scunthorpe, North Lincolnshire, DN16 3RD£475,000£456,000-£19,00010 Oct 202308 Mar 2024150 Days
38 Holme Hall Avenue, Scunthorpe, North Lincolnshire, DN16 3PZ£190,000£185,000-£5,00023 Nov 202308 Mar 2024106 Days
69 Old Brumby Street, Scunthorpe, North Lincolnshire, DN16 2AJ£335,000£325,000-£10,00030 Nov 202308 Mar 202499 Days
23 St Augustine Crescent, Scunthorpe, North Lincolnshire, DN16 3JP£200,000£180,000-£20,00005 Jun 202328 Feb 2024268 Days

Most Expensive Streets in DN16 (Scunthorpe)

PostcodeStreetAreaAverageNo. of Sales
DN16 3RSValewood, BottesfordScunthorpe£505,0003
DN16 3RDOld School Lane, BottesfordScunthorpe£415,3333
DN16 3RBHolme Lane, BottesfordScunthorpe£373,5005
DN16 3RFHolmeScunthorpe£352,6663
DN16 3GGFieldfare CloseScunthorpe£291,5905
DN16 2AJOld Brumby StreetScunthorpe£289,1666
DN16 3FUAlpina CloseScunthorpe£287,6663
DN16 3AQWisteria WayScunthorpe£279,4217
DN16 3FQSycamore CrescentScunthorpe£276,8754
DN16 3UQClematis WayScunthorpe£263,1005

Least Expensive Streets in DN16 (Scunthorpe)

PostcodeStreetAreaAverageNo. of Sales
DN16 2HFBeechwayScunthorpe£59,4663
DN16 1TFRedbourne StreetScunthorpe£61,4005
DN16 2THCherry GroveScunthorpe£65,3333
DN16 1RWGrange Lane NorthScunthorpe£65,6503
DN16 3BXSouthfield RoadScunthorpe£66,1663
DN16 2EFRevesby CourtScunthorpe£66,3758
DN16 1PXWarley RoadScunthorpe£69,8754
DN16 1TWCliff StreetScunthorpe£72,2504
DN16 1DYCemetery RoadScunthorpe£72,6005
DN16 2QRStaindale RoadScunthorpe£75,6124

Explore DN16 (Scunthorpe) using map

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