Average Price for property in Scunthorpe is around £124,959 which varies based on type of property you are interested in and ranges from £187,061 for detached house to around £107,871 for semi-detached. Similarly terraced house is around £80,114 and a flat is worth £68,058. Values have been changing and have risen £1,151 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,233 in last 6 months, £9,043 in last 1 year, £12,979 in last 2 years, £16,294 in last 3 years, £6,390 in last 4 years and £9,806 in last 5 years.
Currently average asking price of a property in Scunthorpe is around £166,617 based on approximately 1,004 properties for sale. Same is the case with rental options based on 253 properties up for rent, average asking rent is around £1,299 per month.
Estimated property value in Scunthorpe is £124,959. Average asking price is £166,617 while average price paid is £117,127 which is up by £9,043 and Avg. asking rent £1,299.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Scunthorpe area. In last 1 year alone average price buyer paid is around £117,127 based on approximately 1,004 sales in Scunthorpe area alone. If you compare it to last 3 years sales of 3,035 properties where buyers paid around £114,310. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £115,938 for 4,898 and average amount paid for purchase of approx. 6,723 properties sold in last 7 years comes to about £116,833 per sale.