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Scunthorpe House Prices Scunthorpe House Prices

The average house price in Scunthorpe is £157,873 using HM Land Registry data.

The average property price increased by £38,625 (30.8%) over the last 5 years and increased by £7,719 (4.94%) over the last 12 months.

Over the last year, there were 755 residential property sales – a decrease of 364 transactions (-48.21%) relative to the previous year. The majority of house sales (186) were in the £108,000 - £136,000 range. Then came properties in the £136,000 - £164,000 range, where 163 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 68 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,155 (-2%).

In April 2024, there were 125 new estate agency instructions, 84 agreed home sales and 59 property price reductions.

Postcodes Covered: DN15, DN16, DN17

5-Year Average Property Prices in Scunthorpe

30.8%

Property prices in Scunthorpe increased by 30.8% 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 Scunthorpe Over the Last Year

4.94%

Property prices in Scunthorpe increased by 4.94% 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 Scunthorpe - April 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 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 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 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 Scunthorpe since 1995

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

Recent Property Sales in Scunthorpe

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
102 Enderby Road, Scunthorpe, North Lincolnshire, DN17 2JS£80,000£80,000£0004 Jan 202426 Mar 202482 Days
114 Doncaster Road, Scunthorpe, North Lincolnshire, DN15 7DN£170,000£165,000-£5,00027 Sep 202322 Mar 2024177 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
8 Old School Lane, Bottesford, Scunthorpe, North Lincolnshire, DN16 3RD£475,000£456,000-£19,00010 Oct 202308 Mar 2024150 Days
23 St Augustine Crescent, Scunthorpe, North Lincolnshire, DN16 3JP£200,000£180,000-£20,00005 Jun 202328 Feb 2024268 Days
210 Ashby Road, Scunthorpe, North Lincolnshire, DN16 2AR£310,000£280,000-£30,00012 Oct 202326 Feb 2024137 Days
63 Ogilvy Drive, Scunthorpe, North Lincolnshire, DN17 2PW£170,000£165,000-£5,00006 Dec 202323 Feb 202479 Days
14 Orchid Rise, Scunthorpe, North Lincolnshire, DN15 7AN£145,000£145,000£0016 Sep 202316 Feb 2024153 Days
95 Dewsbury Avenue, Scunthorpe, North Lincolnshire, DN15 8BT£165,000£155,000-£10,00006 Sep 202316 Feb 2024163 Days
8 Alveston Road, Scunthorpe, North Lincolnshire, DN17 1SJ£149,950£145,000-£4,95002 May 202316 Feb 2024290 Days
11 Ribston Close, Scunthorpe, North Lincolnshire, DN16 3SX£175,000£175,000£0027 Oct 202316 Feb 2024112 Days
24 Ribston Close, Scunthorpe, North Lincolnshire, DN16 3SX£199,999£198,000-£1,99912 Oct 202316 Feb 2024127 Days
12 Rivelin Road, Scunthorpe, North Lincolnshire, DN16 2BH£100,000£100,000£0006 Jul 202314 Feb 2024223 Days
25 Brumby Hall Gardens, Scunthorpe, North Lincolnshire, DN17 1BP£145,000£120,000-£25,00018 May 202312 Feb 2024270 Days
1 Hallbrook Court, Bottesford, Scunthorpe, North Lincolnshire, DN16 3TS£170,000£167,000-£3,00009 Oct 202312 Feb 2024126 Days
177 Willoughby Road, Scunthorpe, North Lincolnshire, DN17 2QP£180,000£177,000-£3,00004 Sep 202307 Feb 2024156 Days
113 Bushfield Road, Scunthorpe, North Lincolnshire, DN16 1NA£195,000£190,000-£5,00020 Oct 202331 Jan 2024103 Days
28 Byfield Road, Scunthorpe, North Lincolnshire, DN17 1RL£110,000£101,000-£9,00004 Aug 202330 Jan 2024179 Days
38 Dewsbury Avenue, Scunthorpe, North Lincolnshire, DN15 8AW£180,000£175,000-£5,00002 Oct 202326 Jan 2024116 Days

Most Expensive Streets in Scunthorpe

PostcodeStreetAreaAverageNo. of Sales
DN16 3RSValewoodBottesford£505,0003
DN16 3RDOld School LaneBottesford£415,3333
DN17 2XASilica CrescentScunthorpe£396,1427
DN15 8ELChaffinch CloseScunthorpe£374,3333
DN16 3RBHolme LaneBottesford£373,5005
DN17 2AGLakeside DriveScunthorpe£333,3333
DN17 1BLKingswayScunthorpe£314,9833
DN17 2GDMontbretia DriveBottesford£312,0003
DN15 7BAVicarage GardensScunthorpe£310,6005
DN17 2AFBetula WayScunthorpe£301,3333

Least Expensive Streets in Scunthorpe

PostcodeStreetAreaAverageNo. of Sales
DN16 1HBEarls WalkScunthorpe£50,6663
DN15 6AXDiana StreetScunthorpe£55,0007
DN15 6DNSheffield StreetScunthorpe£55,1254
DN16 2HFBeechwayScunthorpe£59,4663
DN15 7LPDale StreetScunthorpe£60,2504
DN15 6JLLineaDunstall Street, Scunthorpe£60,4166
DN15 6JBTeale StreetScunthorpe£61,2449
DN15 7JGBuckingham StreetScunthorpe£61,3163
DN16 1TFRedbourne StreetScunthorpe£61,4005
DN15 6ELAllanby StreetScunthorpe£61,5004

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