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Thornaby-on-Tees House Prices Thornaby-on-Tees House Prices

The average house price in Thornaby-on-Tees is £145,833 using HM Land Registry data.

The average property price increased by £20,467 (18.64%) over the last 5 years and increased by £4,091 (3.24%) over the last 12 months.

Over the last year, there were 228 residential property sales – a decrease of 68 transactions (-29.82%) relative to the previous year. The majority of house sales (49) were in the £112,000 - £138,000 range. Then came properties in the £138,000 - £164,000 range, where 41 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 71 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,389 (-2%).

In April 2024, there were 32 new estate agency instructions, 35 agreed home sales and 16 property price reductions.

Neighbouring Areas: Stockton-on-Tees, Middlesbrough, Ingleby Barwick

Postcodes Covered: TS17

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

18.64%

Property prices in Thornaby-on-Tees increased by 18.64% 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

3.24%

Property prices in Thornaby-on-Tees increased by 3.24% 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.

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).

Property Market Heat Gauge for Thornaby-on-Tees - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
296 Thornaby Road, Thornaby, Stockton-on-tees, TS17 8PJ£128,000£128,000£0021 Dec 202316 Feb 202457 Days
44 Langley Avenue, Thornaby, Stockton-on-tees, TS17 7HG£50,000£39,500-£10,50012 Sep 202316 Feb 2024157 Days
35 Cumbernauld Road, Thornaby, Stockton-on-tees, TS17 9AZ£129,995£123,000-£6,99510 Feb 202312 Feb 2024367 Days
39 Woodford Walk, Thornaby, Stockton-on-tees, TS17 0LT£80,000£75,000-£5,00007 Sep 202326 Jan 2024141 Days
12 Ringway, Thornaby, Stockton-on-tees, TS17 9DR£159,995£152,000-£7,99524 Aug 202311 Jan 2024140 Days
3 Oxford Road, Thornaby, Stockton-on-tees, TS17 6LJ£74,950£50,000-£24,95027 Jun 202301 Jan 2024188 Days
29 Mead Crescent, Thornaby, Stockton-on-tees, TS17 8EY£119,950£105,000-£14,95025 Aug 202319 Dec 2023116 Days
20 Orchard Road, Thornaby, Stockton-on-tees, TS17 0AW£230,000£230,000£0001 Nov 202315 Dec 202344 Days
21 Eastleigh, Thornaby, Stockton-on-tees, TS17 9DG£150,000£140,000-£10,00029 Jun 202307 Dec 2023161 Days
8 Lanehouse Road, Thornaby, Stockton-on-tees, TS17 8AG£92,500£88,000-£4,50024 May 202330 Nov 2023190 Days
2 Barnard Close, Thornaby, Stockton-on-tees, TS17 6PE£90,000£90,000£0016 Aug 202324 Nov 2023100 Days
258 Stirling Way, Thornaby, Stockton-on-tees, TS17 9NQ£64,995£61,500-£3,49507 Jun 202324 Nov 2023170 Days
31 The Green, Thornaby, Stockton-on-tees, TS17 0AP£425,000£410,000-£15,00019 Jul 202320 Nov 2023124 Days
3 Kintyre Drive, Thornaby, Stockton-on-tees, TS17 0HN£250,000£220,000-£30,00023 May 202317 Nov 2023178 Days
3 Watton Road, Thornaby, Stockton-on-tees, TS17 9QD£159,995£154,350-£5,64503 Aug 202317 Nov 2023106 Days
52 Balmoral Avenue, Thornaby, Stockton-on-tees, TS17 7JP£85,000£76,500-£8,50007 Jul 202315 Nov 2023131 Days
91 Wolsingham Drive, Thornaby, Stockton-on-tees, TS17 9EQ£140,000£138,000-£2,00023 Jun 202307 Nov 2023137 Days
43 Carlton Drive, Thornaby, Stockton-on-tees, TS17 0EW£180,000£180,000£0015 Jul 202307 Nov 2023115 Days
44 Victoria Road, Thornaby, Stockton-on-tees, TS17 6HH£80,000£75,000-£5,00018 May 202320 Oct 2023155 Days
282 Thornaby Road, Thornaby, Stockton-on-tees, TS17 8PE£120,000£120,000£0028 Jun 202320 Oct 2023114 Days

Most Expensive Streets in Thornaby-on-Tees

PostcodeStreetAreaAverageNo. of Sales
TS17 0ADThornaby RoadThornaby£311,6663
TS17 8PTThe GreenThornaby£268,3333
TS17 0BZElizabeth MewsThornaby£267,6663
TS17 8QERichardson RoadThornaby£263,1427
TS17 0AJWhitehouse RoadThornaby£243,3333
TS17 0BHChesterton AvenueThornaby£231,6254
TS17 0HNKintyre DriveThornaby£224,5836
TS17 0BNThornaby RoadThornaby£223,4005
TS17 8QNThornaby RoadThornaby£216,8734
TS17 0AWOrchard RoadThornaby£202,1357

Least Expensive Streets in Thornaby-on-Tees

PostcodeStreetAreaAverageNo. of Sales
TS17 6HGThornaby RoadThornaby£45,6503
TS17 6JLPeel StreetThornaby£48,2005
TS17 6HPStainsby StreetThornaby£50,6663
TS17 7HGLangley AvenueThornaby£50,96910
TS17 6LLStranton StreetStockton-on-tees£54,3748
TS17 8HBLittleboy DriveThornaby£56,6663
TS17 6HNHavelock StreetThornaby£57,0717
TS17 6LNStranton StreetStockton-on-tees£58,8456
TS17 9RFTernbeck WayThornaby£59,9993
TS17 7DQEaston StreetThornaby£61,0836

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