Feb 07, 2023 by HM

House prices in Thornton (BD13 3)

This article reveals price per square metre data and various charts to help you understand current housing market in Thornton (BD13 3).

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Price per square metre

Knowing the average house price in Thornton is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. 15, Market Street, Thornton, Queensbury, sold for £75,000 on Aug-2023. Given the internal area of 105 square metres, the price per sqm is £714.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £2,350-£2,500, £2,500-£2,650, £2,650-£2,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 202 sales in Thornton (BD13 3) that took place in the last two years.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

That said, the spread of prices will give you a feel of the typical range to expect in Thornton (BD13 3). Of the 202 transactions, half were sold for between £1,430 and £2,220 per square metre. Notably, only 25% of properties that sold recently were valued at more than £2,220m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'BD13 3' is £1,750. The table below shows how 'BD13 3' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BD13 1 Queensbury	£1,400m2	£2,050m2	£2,500m2
BD13 5 Cullingworth	£1,860m2	£2,500m2	£2,770m2
BD13 2 Queensbury	£1,620m2	£2,070m2	£2,480m2
BD13 4 Denholme	£1,380m2	£1,840m2	£2,240m2
BD13 3 Thornton	£1,430m2	£1,750m2	£2,220m2

Will Thornton house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for BD13 3 (Thornton). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for BD13 3 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Thornton and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Thornton data or any other data I am given.

Price map for Thornton

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Thornton. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values. I will explain more about the methodology and create a key next week.

House price heatmap for Thornton

Street level data

Street	Avg size	Avg £/m2	Recent sales
Hill Top Road, Thornton, BD13 3Q	86m2	£2,041	14
Sapgate Lane, Thornton, BD13 3D	100m2	£1,833	13
Oakhall Park, Thornton, BD13 3Q	109m2	£2,216	12
Leaventhorpe Lane, Thornton, BD13 3B	84m2	£2,065	12
North Cliffe Drive, Thornton, BD13 3E	80m2	£1,837	9
Thornton Road, Thornton, BD13 3A	97m2	£2,219	9
Back Field, Thornton, BD13 3E	67m2	£1,310	8
Havelock Street, Thornton, BD13 3H	60m2	£1,122	8

Search for your street here.

Raw data

Our analysis of Thornton is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	m2	£/m2
15, Market St, Thornton, Queensbury	£75,000 Aug-2023	105	714
9, Wembley Avenue, Thornton, Queensbury	£136,000 Aug-2023	69	1,971
204, Leaventhorpe Lane, Thornton, Queensbury	£170,000 Aug-2023	68	2,500

See the entire list of all sales in Thornton (BD13 3) here.