Key indicators for buyers
The DN38 market is moderately favourable for buyers. Prices are rising at 69.8%, which may favour acting sooner rather than later. Rising rents (£628/mo, +3.7%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider North Lincolnshire area
A home in North Lincolnshire costs 5.2x the local median salary — moderate, improving from a peak of 5.5x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider North Lincolnshire area
Average monthly rent in North Lincolnshire is £628, up 3.7% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average North Lincolnshire price of £418,000 with a 25% deposit (£105k), a 2-year fixed mortgage at 3.97% costs around £1,650 per month.
Monthly cost comparison based on current data
Uses DN38 avg. price with North Lincolnshire rental data
Monthly mortgage payments (£1,650) are £1,022 more than renting (£628). However, buying requires an upfront deposit of £105k — it would take around 8708 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
9, HOWSHAM LANE, SEARBY DN38 6DA | Detached | £418,000 | 16 Jan 2026 |
39, KINGS ROAD DN38 6HF | Semi-detached | £190,000 | 18 Dec 2025 |
50, VICTORIA ROAD DN38 6HZ | Detached | £300,000 | 17 Dec 2025 |
3, VICARAGE LANE, GRASBY DN38 6AU | Detached | £308,000 | 17 Dec 2025 |
19, SYCAMORE CLOSE DN38 6FG | Semi-detached | £168,000 | 16 Dec 2025 |
21, WOODLAND VIEW DN38 6FE | Detached | £240,000 | 12 Dec 2025 |
31, RAILWAY STREET DN38 6DH | Detached |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in DN38 sold for £418,000 in 2026, with a median of £418,000 across 1 transactions. Prices rose 69.8% compared to the previous year.
| £550,000 |
| 25 Nov 2025 |
LOW WOOD LODGE, KINGS ROAD DN38 6HG | Detached | £275,000 | 24 Nov 2025 |
3, WEST STREET DN38 6JP | Detached | £325,000 | 17 Nov 2025 |
22, WINDSOR WAY DN38 6LA | Semi-detached | £208,000 | 25 Sept 2025 |
14 - 16, WEST STREET DN38 6JP | Other | £252,000 | 19 Sept 2025 |
15, FRONT STREET, GRASBY DN38 6AN | Detached | £400,000 | 17 Sept 2025 |
33, STATION ROAD, GRASBY DN38 6AP | Terraced | £132,500 | 8 Sept 2025 |
10, SILVER STREET DN38 6HR | Semi-detached | £140,000 | 22 Aug 2025 |
15, WOODLAND VIEW DN38 6FE | Semi-detached | £172,500 | 8 Aug 2025 |
39, SILVER STREET DN38 6HS | Terraced | £115,000 | 22 Jul 2025 |
27, HILLSIDE CRESCENT DN38 6HQ | Semi-detached | £220,000 | 9 Jul 2025 |
8, ST BARNABAS ROAD DN38 6JB | Detached | £242,000 | 4 Jul 2025 |
13, QUEENS ROAD DN38 6JH | Detached | £315,000 | 2 Jul 2025 |
39, SILVER STREET DN38 6HS | Terraced | £110,000 | 27 Jun 2025 |
The most recent recorded sale in DN38 was a detached property on Howsham Lane for £418,000 in January 2026. Across the last 20 sales, the median price was £242,000.