Thornton Heath

Area Guide For Thornton Heath

Thornton Heath is a district of South London in the London Borough of Croydon. Before the arrival of the railway in 1862 Thornton Heath was a natural, homely little town with isolated rural outposts, since that time Thornton Heath saw a complete transformation with integrated metropolitan suburbs. An area filled with large  beautiful homes inhabited by the London commuters, as well as numerous flats and affordable houses for residents looking for a step back from the city life.


Thornton Heath Map

Estimated Price: £291,458
Average Asking Price: £312,633
Price change in last one year: £29,872
Average Price Paid: £216,800
Average Rent Rates: £1,119


Property Prices Breakdown in Thornton Heath

Average Price for property in Thornton Heath is around £291,458 which varies based on type of property you are interested in and ranges from £417,375 for detached house to around £361,864 for semi-detached. Similarly terraced house is around £308,601 and a flat is worth £201,381. Values have been changing and have risen £2,769 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,585 in last 6 months, £29,872 in last 1 year, £45,173 in last 2 years, £54,824 in last 3 years, £55,571 in last 4 years and £52,095 in last 5 years.

Currently average asking price of a property in Thornton Heath is around £312,633 based on approximately 391 properties for sale. Same is the case with rental options based on 124 properties up for rent, average asking rent is around £1,119 per month.

Estimated property value in Thornton Heath is £291,458. Average asking price is £312,633 while average price paid is £244,896 which is up by £29,872 and Avg. asking rent £1,119.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Thornton Heath area. In last 1 year alone average price buyer paid is around £244,896 based on approximately 391 sales in Thornton Heath area alone. If you compare it to last 3 years sales of 1,001 properties where buyers paid around £229,023. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £216,800 for 1,599 and average amount paid for purchase of approx. 2,247 properties sold in last 7 years comes to about £215,168 per sale.


Properties For Sale in Thornton Heath


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £155,000, £294,373 for a 2 bedroom house, £371,389 for a 3 bedroom house, £409,974 for a 4 bedroom house and £469,604 for a 5 bedroom house. For a flat similarly the prices varies from £170,289 for a single bedroom to £218,283 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £232,327. To sum up the asking prices for properties in Thornton Heath it comes to around average £169,484 for 1 bedroom property, £234,769 for 2 bedroom, £343,201 for 3 bedroom, £409,974 for 4 bedroom and £469,604 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £529 for 1 bedroom to £1,075 for 2 bedrooms, £1,382 for 3 bedrooms, £1,776 for 4 bedrooms and £1,312 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £802. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,084, £1,258 for 3 bedroom and £1,400 for 4 bedroom. You should be generally be expecting around average £674 rent per month for single bedroom property, £1,081 for 2 bedroom, £1,358 for 3 bedroom, £1,700 for 4 bedroom and approximately £1,312 for a 5 bedroom property in Thornton Heath area.

Popular Houses in Thornton Heath

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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