You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Thornaby-on-Tees

Thornaby-on-Tees House Prices

The average house price in Thornaby-on-Tees is £104,781 using HM Land Registry data.

The average property price increased by £22,556 (20.66%) over the last 5 years and increased by £4,509 (3.54%) over the last 12 months.

Over the last year, there were 228 residential property sales – a decrease of 48 transactions (-21.05%) relative to the previous year. The majority of house sales (46) were in the £112,000 - £138,000 range. Then came properties in the £138,000 - £164,000 range, where 46 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 82 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,389 (-2%).

In June 2024, there were 41 new estate agency instructions, 27 agreed home sales and 13 property price reductions.

5-Year Average Property Prices in Thornaby-on-Tees

20.66%

Property prices in Thornaby-on-Tees increased by 20.66% 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 Thornaby-on-Tees Over the Last Year

3.54%

Property prices in Thornaby-on-Tees increased by 3.54% 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 Thornaby-on-Tees - June 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 Thornaby-on-Tees

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 Thornaby-on-Tees

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 Thornaby-on-Tees

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 Thornaby-on-Tees since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Thornaby-on-Tees area since 1995.

Recent Property Sales in Thornaby-on-Tees

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
27 Leith Walk, Thornaby, Stockton-on-tees, TS17 9HL	£230,000	£225,000	-£5,000	23 Aug 2023	03 May 2024	254 Days
43 Princes Square, Thornaby, Stockton-on-tees, TS17 9HS	£135,000	£130,000	-£5,000	13 Sep 2023	09 Apr 2024	209 Days
26 Clarendon Road, Thornaby, Stockton-on-tees, TS17 8JJ	£135,000	£135,000	£00	17 Feb 2024	28 Mar 2024	40 Days
296 Thornaby Road, Thornaby, Stockton-on-tees, TS17 8PJ	£128,000	£128,000	£00	21 Dec 2023	16 Feb 2024	57 Days
44 Langley Avenue, Thornaby, Stockton-on-tees, TS17 7HG	£50,000	£39,500	-£10,500	12 Sep 2023	16 Feb 2024	157 Days
62 Trinity Mews, Thornaby, Stockton-on-tees, TS17 6BQ	£90,000	£60,000	-£30,000	26 Dec 2022	16 Feb 2024	417 Days
35 Cumbernauld Road, Thornaby, Stockton-on-tees, TS17 9AZ	£129,995	£123,000	-£6,995	10 Feb 2023	12 Feb 2024	367 Days
28 Kinloss Close, Thornaby, Stockton-on-tees, TS17 9QN	£179,995	£172,000	-£7,995	17 Jun 2023	09 Feb 2024	237 Days
39 Woodford Walk, Thornaby, Stockton-on-tees, TS17 0LT	£80,000	£75,000	-£5,000	07 Sep 2023	26 Jan 2024	141 Days
7 Arran Close, Thornaby, Stockton-on-tees, TS17 0HJ	£319,950	£317,000	-£2,950	15 Nov 2023	26 Jan 2024	72 Days
13 Church Close, Thornaby, Stockton-on-tees, TS17 6LB	£85,000	£84,000	-£1,000	20 Oct 2023	24 Jan 2024	96 Days
12 Ringway, Thornaby, Stockton-on-tees, TS17 9DR	£159,995	£152,000	-£7,995	24 Aug 2023	11 Jan 2024	140 Days
3 Oxford Road, Thornaby, Stockton-on-tees, TS17 6LJ	£74,950	£50,000	-£24,950	27 Jun 2023	01 Jan 2024	188 Days
29 Mead Crescent, Thornaby, Stockton-on-tees, TS17 8EY	£119,950	£105,000	-£14,950	25 Aug 2023	19 Dec 2023	116 Days
1 Middleton Avenue, Thornaby, Stockton-on-tees, TS17 0HE	£210,000	£210,000	£00	06 Sep 2023	19 Dec 2023	104 Days
2 Kinloss Close, Thornaby, Stockton-on-tees, TS17 9QN	£180,000	£165,000	-£15,000	22 Aug 2023	18 Dec 2023	118 Days
20 Orchard Road, Thornaby, Stockton-on-tees, TS17 0AW	£230,000	£230,000	£00	01 Nov 2023	15 Dec 2023	44 Days
66 Sherwood Road, Thornaby, Stockton-on-tees, TS17 0DS	£125,000	£110,000	-£15,000	31 May 2023	12 Dec 2023	195 Days
1 Faray Green, Thornaby, Stockton-on-tees, TS17 8GA	£149,995	£145,000	-£4,995	13 Oct 2022	12 Dec 2023	425 Days
21 Eastleigh, Thornaby, Stockton-on-tees, TS17 9DG	£150,000	£140,000	-£10,000	29 Jun 2023	07 Dec 2023	161 Days

Most Expensive Streets in Thornaby-on-Tees

Postcode	Street	Area	Average	No. of Sales
TS17 0AD	Thornaby Road	Thornaby	£311,666	3
TS17 8PT	The Green	Thornaby	£268,333	3
TS17 0BZ	Elizabeth Mews	Thornaby	£267,666	3
TS17 8QE	Richardson Road	Thornaby	£263,142	7
TS17 0BH	Chesterton Avenue	Thornaby	£231,625	4
TS17 0HN	Kintyre Drive	Thornaby	£224,583	6
TS17 0BN	Thornaby Road	Thornaby	£223,400	5
TS17 0AW	Orchard Road	Thornaby	£217,000	5
TS17 8QN	Thornaby Road	Thornaby	£216,873	4
TS17 0AA	Thornaby Road	Thornaby	£195,066	3

Least Expensive Streets in Thornaby-on-Tees

Postcode	Street	Area	Average	No. of Sales
TS17 6HG	Thornaby Road	Thornaby	£45,650	3
TS17 6JL	Peel Street	Thornaby	£48,200	5
TS17 6HP	Stainsby Street	Thornaby	£50,666	3
TS17 7HG	Langley Avenue	Thornaby	£52,466	9
TS17 6HR	Scarborough Street	Thornaby	£54,999	3
TS17 8HB	Littleboy Drive	Thornaby	£56,666	3
TS17 6HN	Havelock Street	Thornaby	£57,071	7
TS17 6LN	Stranton Street	Stockton-on-tees	£58,845	6
TS17 6NE	Westbury Street	Thornaby	£59,332	3
TS17 6LL	Stranton Street	Stockton-on-tees	£59,624	8