You are here: Property Solvers Home Homeowners Hub London House Prices House Prices in Thornton Heath

Thornton Heath House Prices

The average house price in Thornton Heath is £395,950 using HM Land Registry data.

The average property price increased by £67,916 (20.48%) over the last 5 years and increased by £13,574 (3.52%) over the last 12 months.

Over the last year, there were 295 residential property sales – a decrease of 92 transactions (-31.19%) relative to the previous year. The majority of house sales (66) were in the £394,000 - £452,000 range. Then came properties in the £452,000 - £510,000 range, where 49 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 86 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,084 (-2%).

In April 2024, there were 77 new estate agency instructions, 52 agreed home sales and 40 property price reductions.

5-Year Average Property Prices in Thornton Heath

20.48%

Property prices in Thornton Heath increased by 20.48% 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 Thornton Heath Over the Last Year

3.52%

Property prices in Thornton Heath increased by 3.52% 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.

Property Market Heat Gauge for Thornton Heath - 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 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 Thornton Heath

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 Thornton Heath

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 Thornton Heath

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 Thornton Heath since 1995

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

Recent Property Sales in Thornton Heath

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
34 Furtherfield Close, Croydon, Greater London, CR0 3DZ	£400,000	£380,000	-£20,000	04 Sep 2023	08 Mar 2024	186 Days
157 Grange Road, Upper Norwood, London, Greater London, SE25 6TG	£425,000	£400,000	-£25,000	15 Sep 2023	23 Feb 2024	161 Days
58 Strathyre Avenue, London, Greater London, SW16 4RG	£500,000	£475,000	-£25,000	24 May 2023	13 Feb 2024	265 Days
990 London Road, Thornton Heath, Greater London, CR7 7PJ	£725,000	£702,000	-£23,000	12 Sep 2023	08 Feb 2024	149 Days
97 Keston Road, Thornton Heath, Greater London, CR7 6BL	£425,000	£415,000	-£10,000	08 Aug 2023	05 Feb 2024	181 Days
125 Kynaston Avenue, Thornton Heath, Greater London, CR7 7BZ	£450,000	£440,000	-£10,000	14 Sep 2023	02 Feb 2024	141 Days
69 Falkland Park Avenue, London, Greater London, SE25 6SQ	£550,000	£526,000	-£24,000	08 Aug 2023	02 Feb 2024	178 Days
5 Meadow View Road, Thornton Heath, Greater London, CR7 7HA	£375,000	£375,000	£00	18 Sep 2023	05 Jan 2024	109 Days
31 Leander Road, Thornton Heath, Greater London, CR7 6JY	£575,000	£507,000	-£68,000	09 Jun 2021	20 Dec 2023	924 Days
21 St Christophers Gardens, Thornton Heath, Greater London, CR7 7NS	£235,000	£222,500	-£12,500	27 Oct 2023	18 Dec 2023	52 Days
34 Fairlands Avenue, Thornton Heath, Greater London, CR7 6HA	£480,000	£455,000	-£25,000	15 Aug 2023	01 Dec 2023	108 Days
40 Hythe Road, Thornton Heath, Greater London, CR7 8QP	£400,000	£390,000	-£10,000	05 Sep 2023	01 Dec 2023	87 Days
31 Westbrook Road, Thornton Heath, Greater London, CR7 8PS	£430,000	£415,000	-£15,000	12 Jul 2023	30 Nov 2023	141 Days
152 Livingstone Road, Thornton Heath, Greater London, CR7 8JU	£385,000	£376,370	-£8,630	28 Jul 2023	30 Nov 2023	125 Days
21 Newnham Close, Thornton Heath, Greater London, CR7 8ER	£350,000	£350,000	£00	16 May 2023	28 Nov 2023	196 Days
35 Falkland Park Avenue, London, Greater London, SE25 6SQ	£625,000	£622,000	-£3,000	22 May 2023	24 Nov 2023	186 Days
32 Frant Road, Thornton Heath, Greater London, CR7 7JQ	£400,000	£395,000	-£5,000	31 Aug 2023	23 Nov 2023	84 Days
74 Kynaston Avenue, Thornton Heath, Greater London, CR7 7BW	£425,000	£405,000	-£20,000	24 Jan 2023	17 Nov 2023	297 Days
22 Cranleigh Gardens, London, Greater London, SE25 6UH	£170,000	£145,000	-£25,000	01 Feb 2021	17 Nov 2023	1019 Days
36 Linden Avenue, Thornton Heath, Greater London, CR7 7DU	£550,000	£550,000	£00	30 Jan 2023	14 Nov 2023	288 Days

Most Expensive Streets in Thornton Heath

Postcode	Street	Area	Average	No. of Sales
CR7 6EP	Namton Drive	Thornton Heath	£725,000	3
CR7 8FR	Pearl Close	Thornton Heath	£566,833	6
SE25 6DG	Wharncliffe Gardens	London	£565,000	5
SE25 6DQ	Wharncliffe Gardens	London	£543,428	7
SE25 6SE	Ross Road	South Norwood	£526,666	3
SE25 6TW	Ross Road	London	£518,625	4
CR7 6JY	Leander Road	Thornton Heath	£518,500	3
SE25 6SH	Falkland Park Avenue	London	£515,600	6
SE25 6SQ	Falkland Park Avenue	London	£515,459	7
CR7 7RW	Melfort Road	Thornton Heath	£508,666	3

Least Expensive Streets in Thornton Heath

Postcode	Street	Area	Average	No. of Sales
CR0 2NR	Simpson Close	Croydon	£126,375	4
CR7 7HT	Bletchingley Close	Thornton Heath	£126,428	7
CR7 6AZ	London Road	Thornton Heath	£175,666	3
CR7 6AP	Dunheved Road West	Thornton Heath	£185,296	4
CR7 8LU	Thornton Lodge	Parchmore Road	£195,250	4
CR7 7NS	St Christophers Gardens	Thornton Heath	£202,928	7
CR7 8DA	Bensham Grove	Thornton Heath	£207,166	3
CR7 7PE	London Road	Thornton Heath	£210,000	3
CR7 8HA	Parchmore Road	Thornton Heath	£213,333	3
CR7 8SA	Grange Road	Thornton Heath	£213,333	3