# Property Market Summary: DN16 2RW
The DN16 2RW postcode covers part of Scunthorpe in North Lincolnshire, representing a firmly affordable segment of the regional property market. With an average property price of **£168,815** based on 80 properties, this area sits well below the national average, making it particularly attractive to first-time buyers, young families, and investors seeking entry-level opportunities in the Humberside region. The substantial sample size suggests a reasonably active market with steady turnover.
This postcode area reflects Scunthorpe's broader character as a traditional industrial town that has undergone economic transition in recent decades. The pricing structure indicates a mix of terraced housing, semi-detached properties, and potentially some ex-local authority stock, typical of North Lincolnshire's working-class neighbourhoods. Properties here offer genuine affordability compared to many UK regions, though potential buyers should weigh this against local employment prospects and regeneration initiatives. The area provides practical, no-frills housing stock that delivers value for money, particularly for those with employment links to the remaining industrial base or Scunthorpe's service sector.
The average house price in DN16 2RW, Scunthorpe is £168,815. Prices range from £53,325 to £284,950.
There are 80 properties in DN16 2RW, Scunthorpe.
DN16 2RW contains 40 detached properties, 28 semi-detached properties, 12 terraced properties.
Average house prices in DN16 2RW have risen by 72.5% from £115,238 in 2008 to £198,833 in 2024.
DN16 2RW is located in Scunthorpe, North Lincolnshire, England.
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