Thornton (Lancashire) House Prices Thornton (Lancashire) House Prices

The average house price in Thornton (Lancashire) is £212,291 using HM Land Registry data.

The average property price increased by £56,149 (36.1%) over the last 5 years and increased by £11,222 (5.6%) over the last 12 months.

Over the last year, there were 263 residential property sales – a decrease of 148 transactions (-56.27%) relative to the previous year. The majority of house sales (82) were in the £158,000 - £196,000 range. Then came properties in the £120,000 - £158,000 range, where 60 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 99 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,490 (-2%).

In April 2024, there were 47 new estate agency instructions, 39 agreed home sales and 42 property price reductions.

5-Year Average Property Prices in Thornton (Lancashire)

36.1%

Property prices in Thornton (Lancashire) increased by 36.1% 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 (Lancashire) Over the Last Year

5.6%

Property prices in Thornton (Lancashire) increased by 5.6% 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 Thornton (Lancashire) - 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 (Lancashire)

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 (Lancashire)

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 (Lancashire)

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 (Lancashire) since 1995

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

Recent Property Sales in Thornton (Lancashire)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
20 Breeze Close, Thornton-cleveleys, Lancashire, FY5 2WH£240,000£235,000-£5,00012 Sep 202301 Mar 2024171 Days
17 Fairhaven Close, Thornton-cleveleys, Lancashire, FY5 5AF£119,950£118,950-£1,00009 Nov 202301 Mar 2024113 Days
16 Dianne Road, Thornton-cleveleys, Lancashire, FY5 4EF£171,500£171,500£0023 Aug 202312 Feb 2024173 Days
57 Sandwell Avenue, Thornton-cleveleys, Lancashire, FY5 4FN£159,950£156,000-£3,95021 Oct 202309 Feb 2024111 Days
96 Church Road, Thornton-cleveleys, Lancashire, FY5 2TT£370,000£365,000-£5,00026 Apr 202309 Feb 2024289 Days
27 Gravners Field, Thornton-cleveleys, Lancashire, FY5 4EY£335,000£325,000-£10,00018 Sep 202307 Feb 2024142 Days
1 Gordon Avenue, Thornton-cleveleys, Lancashire, FY5 4BU£122,950£120,000-£2,95016 Oct 202306 Feb 2024113 Days
19 Stuart Road, Thornton-cleveleys, Lancashire, FY5 4EE£170,000£170,000£0031 Jul 202324 Jan 2024177 Days
17 Mayfair Drive, Thornton-cleveleys, Lancashire, FY5 5BY£269,950£265,000-£4,95018 Oct 202320 Dec 202363 Days
32 Taywood Road, Thornton-cleveleys, Lancashire, FY5 2RT£169,950£162,000-£7,95020 Jun 202318 Dec 2023181 Days
1 Ashcombe Gate, Thornton-cleveleys, Lancashire, FY5 5PB£380,000£370,000-£10,00016 Oct 202318 Dec 202363 Days
18 Hargate Road, Thornton-cleveleys, Lancashire, FY5 4PQ£154,500£154,500£0023 Aug 202315 Dec 2023114 Days
5 Redwing Avenue, Thornton-cleveleys, Lancashire, FY5 2BX£350,000£337,000-£13,00018 Sep 202312 Dec 202385 Days
8 Mayfield Avenue, Thornton-cleveleys, Lancashire, FY5 2HE£239,950£235,000-£4,95025 Sep 202312 Dec 202378 Days
30 Knowsley Crescent, Thornton-cleveleys, Lancashire, FY5 4NR£115,000£115,000£0029 Sep 202312 Dec 202374 Days
14 Whitecrest Avenue, Thornton-cleveleys, Lancashire, FY5 2AQ£150,000£142,000-£8,00001 Jun 202304 Dec 2023186 Days
7 Daleford Close, Thornton-cleveleys, Lancashire, FY5 5NX£285,000£284,000-£1,00030 Jul 202304 Dec 2023127 Days
8 Eversleigh Avenue, Thornton-cleveleys, Lancashire, FY5 2EN£125,000£125,000£0014 Jul 202327 Nov 2023136 Days
6 Sandwell Avenue, Thornton-cleveleys, Lancashire, FY5 4FX£260,000£248,500-£11,50021 Jul 202317 Nov 2023119 Days
22 Pinewood Avenue, Thornton-cleveleys, Lancashire, FY5 5EW£229,950£214,000-£15,95007 Jun 202317 Nov 2023163 Days

Most Expensive Streets in Thornton (Lancashire)

PostcodeStreetAreaAverageNo. of Sales
FY5 5HYStation RoadThornton-cleveleys£423,7374
FY5 5EAFleetwood Road SouthThornton-cleveleys£374,8333
FY5 5QESouthdown CloseThornton-cleveleys£360,78318
FY5 5NSFleetwood Road SouthThornton-cleveleys£327,4905
FY5 2UATrinity GardensThornton-cleveleys£323,2508
FY5 3STVictoria Road EastThornton-cleveleys£315,0003
FY5 5HZStation RoadThornton-cleveleys£313,5717
FY5 4DELime GroveThornton-cleveleys£311,4927
FY5 5NGCathrow WayThornton-cleveleys£310,4217
FY5 5FGAshdell CloseThornton-cleveleys£309,6656

Least Expensive Streets in Thornton (Lancashire)

PostcodeStreetAreaAverageNo. of Sales
FY5 4LGWestfield CourtWalker Way£57,6427
FY5 5BSLawswoodVictoria Road East£63,1128
FY5 4BFCounsell CourtThornton-cleveleys£68,8059
FY5 3NFHeather CloseThornton-cleveleys£71,2916
FY5 2TJHoughton CourtLowesway£72,2504
FY5 4JDHapton StreetThornton-cleveleys£74,5003
FY5 4PZBeeches CourtThornton-cleveleys£76,0004
FY5 5HFBankfield CourtThornton-cleveleys£76,1124
FY5 4HXButts RoadThornton-cleveleys£78,1663
FY5 4ALUllswater AvenueThornton-cleveleys£91,6374

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