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Thorpe Hesley House Prices Thorpe Hesley House Prices

The average house price in Thorpe Hesley is £253,400 using HM Land Registry data.

The average property price increased by £103,997 (56.29%) over the last 5 years and increased by £20,785 (7.76%) over the last 12 months.

Over the last year, there were 50 residential property sales – a decrease of 40 transactions (-80.00%) relative to the previous year. The majority of house sales (17) were in the £140,000 - £186,000 range. Then came properties in the £232,000 - £278,000 range, where 9 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 £-5,183 (-3%).

In April 2024, there were 4 new estate agency instructions, 3 agreed home sales and 1 property price reductions.

Neighbouring Areas: Rotherham

Postcodes Covered: S61

5-Year Average Property Prices in Thorpe Hesley

56.29%

Property prices in Thorpe Hesley increased by 56.29% 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 Thorpe Hesley Over the Last Year

7.76%

Property prices in Thorpe Hesley increased by 7.76% 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 Thorpe Hesley - 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 Thorpe Hesley

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 Thorpe Hesley

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 Thorpe Hesley

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 Thorpe Hesley since 1995

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

Recent Property Sales in Thorpe Hesley

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 Chapelfield Road, Thorpe Hesley, Rotherham, South Yorkshire, S61 2SP£150,000£148,000-£2,00031 Oct 202301 Mar 2024122 Days
652 Upper Wortley Road, Thorpe Hesley, Rotherham, South Yorkshire, S61 2TA£170,000£165,000-£5,00028 Sep 202327 Feb 2024152 Days
29 Barnsley Road, Thorpe Hesley, Rotherham, South Yorkshire, S61 2RR£129,995£127,500-£2,49504 Jul 202321 Dec 2023170 Days
25 Kestrel Avenue, Thorpe Hesley, Rotherham, South Yorkshire, S61 2TT£175,000£175,000£0014 Jul 202319 Dec 2023158 Days
650 Upper Wortley Road, Thorpe Hesley, Rotherham, South Yorkshire, S61 2TA£125,000£125,000£0015 May 202327 Nov 2023196 Days
17 Sough Hall Avenue, Thorpe Hesley, Rotherham, South Yorkshire, S61 2QQ£140,000£140,000£0014 Aug 202317 Nov 202395 Days
81 Thorpe Street, Thorpe Hesley, Rotherham, South Yorkshire, S61 2RP£160,000£160,000£0009 May 202331 Oct 2023175 Days
27 Curlew Rise, Thorpe Hesley, Rotherham, South Yorkshire, S61 2TZ£180,000£180,000£0018 Mar 202327 Oct 2023223 Days
10 Oaken Wood Road, Thorpe Hesley, Rotherham, South Yorkshire, S61 2UP£240,000£237,000-£3,00015 Feb 202315 Sep 2023212 Days
18 Thorntree Road, Thorpe Hesley, Rotherham, South Yorkshire, S61 2TE£135,000£135,000£0030 May 202315 Sep 2023108 Days
829 Upper Wortley Road, Thorpe Hesley, Rotherham, South Yorkshire, S61 2PN£340,000£340,000£0006 Jun 201501 Sep 20233009 Days
89 Hesley Lane, Thorpe Hesley, Rotherham, South Yorkshire, S61 2PT£250,000£250,000£0023 Dec 202229 Aug 2023249 Days
181 Brook Hill, Thorpe Hesley, Rotherham, South Yorkshire, S61 2QF£125,000£120,000-£5,00006 Apr 202318 Aug 2023134 Days
46 Sandpiper Road, Thorpe Hesley, Rotherham, South Yorkshire, S61 2UN£170,000£165,000-£5,00019 Jan 202314 Aug 2023207 Days
52 Chapelfield Drive, Thorpe Hesley, Rotherham, South Yorkshire, S61 2SN£220,000£216,000-£4,00016 Dec 202230 Jun 2023196 Days
63 Eldertree Road, Thorpe Hesley, Rotherham, South Yorkshire, S61 2TQ£175,000£169,000-£6,00009 Feb 202309 May 202389 Days
750 Upper Wortley Road, Thorpe Hesley, Rotherham, South Yorkshire, S61 2PL£160,000£153,000-£7,00019 Jan 202320 Apr 202391 Days
2 Chapelfield Drive, Thorpe Hesley, Rotherham, South Yorkshire, S61 2SN£289,950£280,000-£9,95006 Dec 202229 Mar 2023113 Days
9 Thorntree Close, Thorpe Hesley, Rotherham, South Yorkshire, S61 2TF£150,000£147,000-£3,00008 Dec 202228 Mar 2023110 Days
80 Raven Drive, Thorpe Hesley, Rotherham, South Yorkshire, S61 2UD£300,000£285,000-£15,00009 Nov 202213 Mar 2023124 Days

Most Expensive Streets in Thorpe Hesley

PostcodeStreetAreaAverageNo. of Sales
S61 2RGScholes LaneScholes£411,2506
S61 2FLFlitcroftThorpe Hesley£346,6626
S61 2RLWentworth RoadThorpe Hesley£337,0007
S61 2UBNightingale CroftThorpe Hesley£321,8333
S61 2FPKirkstead LaneThorpe Hesley£294,18419
S61 2FDRockingham AvenueThorpe Hesley£289,65838
S61 2UDRaven DriveThorpe Hesley£282,5004
S61 2RPThorpe StreetThorpe Hesley£279,27211
S61 2SFLodge LaneThorpe Hesley£272,2508
S61 2SZUpper Wortley RoadThorpe Hesley£271,5007

Least Expensive Streets in Thorpe Hesley

PostcodeStreetAreaAverageNo. of Sales
S61 2PYBrook HillThorpe Hesley£122,1357
S61 2TEThorntree RoadThorpe Hesley£128,7005
S61 2QFBrook HillThorpe Hesley£129,5333
S61 2THBirchtree RoadThorpe Hesley£139,2005
S61 2TGEldertree RoadThorpe Hesley£141,7504
S61 2PUHesley LaneThorpe Hesley£144,7504
S61 2UHKirkcroft CloseThorpe Hesley£153,0003
S61 2TQEldertree RoadThorpe Hesley£156,6254
S61 2RZThorpe StreetThorpe Hesley£161,6663
S61 2UNSandpiper RoadThorpe Hesley£169,2147

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