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Thornton Heath House Prices Thornton Heath House Prices

The average house price in Thornton Heath is £447,361 using HM Land Registry data.

The average property price increased by £52,449 (15.13%) over the last 5 years and increased by £10,507 (2.7%) over the last 12 months.

Over the last year, there were 280 residential property sales – a decrease of 89 transactions (-31.79%) relative to the previous year. The majority of house sales (70) were in the £412,000 - £476,000 range. Then came properties in the £348,000 - £412,000 range, where 58 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 163 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-16,765 (-2%).

In January 2025, there were 104 new estate agency instructions, 65 agreed home sales and 53 property price reductions.

Neighbouring Areas: Selhurst, South Norwood, Beddington, Mitcham, Norbury, Crystal Palace, Croydon

Postcodes Covered: CR0, CR4, CR7, SE25, SW16

5-Year Average Property Prices in Thornton Heath

15.13%

Property prices in Thornton Heath increased by 15.13% 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

2.7%

Property prices in Thornton Heath increased by 2.7% 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 Heath - January 2025

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

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
101 Penshurst Road, Thornton Heath, Greater London, CR7 7EF£400,000£395,000-£5,00025 Sep 202417 Dec 202483 Days
33 The Drive, Thornton Heath, Greater London, CR7 8LB£450,000£448,500-£1,50029 May 202412 Dec 2024197 Days
6b, Gillett Road, Thornton Heath, Greater London, CR7 8SN£350,000£350,000£030 May 202419 Nov 2024173 Days
53 Raymead Avenue, Thornton Heath, Greater London, CR7 7SB£450,000£445,000-£5,00025 Oct 202415 Nov 202421 Days
47 Queenswood Avenue, Thornton Heath, Greater London, CR7 7HZ£450,000£400,000-£50,00022 Jul 202415 Nov 2024116 Days
87 Warwick Road, Thornton Heath, Greater London, CR7 7NN£650,000£635,000-£15,00012 Jun 202412 Nov 2024153 Days
13 Zermatt Road, Thornton Heath, Greater London, CR7 7BL£450,000£380,000-£70,00023 May 202411 Nov 2024172 Days
25 Buxton Road, Thornton Heath, Greater London, CR7 7HJ£475,000£460,000-£15,00029 Apr 202408 Nov 2024193 Days
65 Whitehall Road, Thornton Heath, Greater London, CR7 6AF£439,950£425,000-£14,95017 Jun 202405 Nov 2024141 Days
124 Mersham Road, Thornton Heath, Greater London, CR7 8NQ£350,000£338,000-£12,00022 May 202401 Nov 2024163 Days
114 Harcourt Road, Thornton Heath, Greater London, CR7 6BW£430,000£425,000-£5,00023 Jul 202431 Oct 2024100 Days
145 Winterbourne Road, Thornton Heath, Greater London, CR7 7QZ£385,000£380,000-£5,00024 Jul 202430 Oct 202498 Days
145 Fairlands Avenue, Thornton Heath, Greater London, CR7 6HJ£625,000£602,000-£23,00015 Apr 202425 Oct 2024193 Days
131 Langdale Road, Thornton Heath, Greater London, CR7 7PX£424,999£410,000-£14,99921 Apr 202418 Oct 2024180 Days
59 Mayfield Road, Thornton Heath, Greater London, CR7 6DN£475,000£475,000£021 Jun 202418 Oct 2024119 Days
1 Trafford Road, Thornton Heath, Greater London, CR7 6DR£550,000£500,000-£50,00005 Jul 202416 Oct 2024103 Days
128 Richmond Road, Thornton Heath, Greater London, CR7 7QD£375,000£375,000£019 Jun 202410 Oct 2024113 Days
62 Wharfedale Gardens, Thornton Heath, Greater London, CR7 6LB£550,000£520,000-£30,00012 Jun 202407 Oct 2024117 Days
7 Livingstone Road, Thornton Heath, Greater London, CR7 8JX£350,000£345,000-£5,00029 Apr 202401 Oct 2024155 Days
79 Torridge Road, Thornton Heath, Greater London, CR7 7EZ£475,000£450,000-£25,00029 May 202430 Sep 2024124 Days

Most Expensive Streets in Thornton Heath

PostcodeStreetAreaAverageNo. of Sales
CR7 6EPNamton DriveThornton Heath£725,0003
SE25 6DGWharncliffe GardensLondon£599,0005
CR7 7NNWarwick RoadThornton Heath£570,0003
CR7 8FRPearl CloseThornton Heath£566,8336
SE25 6DQWharncliffe GardensLondon£562,9449
SE25 6SQFalkland Park AvenueLondon£536,0278
SE25 6SHFalkland Park AvenueLondon£533,7205
SE25 6SBRoss RoadLondon£531,08312
SE25 6SERoss RoadSouth Norwood£527,3005
SE25 6TWRoss RoadLondon£524,4954

Least Expensive Streets in Thornton Heath

PostcodeStreetAreaAverageNo. of Sales
CR7 7HTBletchingley CloseThornton Heath£138,7504
CR0 2SPCampbell RoadCroydon£155,0003
CR0 2NRSimpson CloseCroydon£172,8754
CR7 8LDThe RetreatThornton Heath£173,3333
CR7 6AZLondon RoadThornton Heath£175,6663
CR7 6APDunheved Road WestThornton Heath£185,2964
CR7 7JPBrigstock RoadThornton Heath£196,1663
CR7 8LUThornton LodgeParchmore Road£206,2005
CR7 8DABensham GroveThornton Heath£207,1663
CR7 7HULondon RoadThornton Heath£209,5008

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