House prices in FY5 3 (Thornton-Cleveleys)

This article reveals price per square metre data and various charts to help you understand current housing market in 'FY5 3' (Thornton-Cleveleys) - statistics were last calculated on 30 August 2024.


Defining 'FY5 3'

This analysis is limited to properties whose postcode starts with "FY5 3", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Thornton-Cleveleys.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Thornton-Cleveleys 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. 149, Eastpines Drive, Thornton-Cleveleys, sold for £175,000 on Jul-2024. Given the internal area of 74 square metres, the price per sqm is £2,364.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters 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 293 sales in Thornton-Cleveleys (FY5 3) that took place in the last two years.

Distribution of £ per sqm for Thornton-Cleveleys
Distribution of £ per sqm house prices in Thornton-Cleveleys

Generate a custom chart like the one above but based on your own criteria.

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.

The spread of prices will give you a feel of the typical range to expect in Thornton-Cleveleys (FY5 3). Of the 293 transactions, half were sold for between £1,730 and £2,400 per square metre. The median, or 'middle', price per square metre in 'FY5 3' is £2,060. Notably, only 25% of properties that sold recently were valued at more than £2,400 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Thornton-Cleveleys

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Thornton-Cleveleys. 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.

Property price heatmap for Thornton-Cleveleys
House price heatmap for Thornton-Cleveleys

Comparison with neighbouring postcode sectors

The table below shows how 'FY5 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
FY5 3 Thornton-Cleveleys £1,730 sqm £2,060 sqm £2,400 sqm
FY5 5 Thornton-Cleveleys £1,980 sqm £2,280 sqm £2,570 sqm
FY5 2 Thornton-Cleveleys £1,950 sqm £2,320 sqm £2,690 sqm
FY5 4 Thornton-Cleveleys £1,690 sqm £2,050 sqm £2,350 sqm
FY5 1 Thornton-Cleveleys £1,610 sqm £1,970 sqm £2,350 sqm

Will Thornton-Cleveleys 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 chart below for FY5 3 (Thornton-Cleveleys) compared with both the wider area FY5 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Thornton-Cleveleys,Thornton-Cleveleys
House price trends for Thornton-Cleveleys

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent FY5 3 sales
Recent trends for Thornton-Cleveleys

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Thornton-Cleveleys to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Thornton-Cleveleys 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.

Street level data

Street Avg size Avg £sqm Recent sales
Lockerbie Avenue, Thornton-Cleveleys, FY5 3E 69 sqm £1,991 22
Lyddesdale Avenue, Thornton-Cleveleys, FY5 3E 78 sqm £1,899 20
Kelvin Road, Thornton-Cleveleys, FY5 3A 82 sqm £1,852 20
Sevenoaks Drive, Thornton-Cleveleys, FY5 3B 65 sqm £2,347 20
North Drive, Thornton-Cleveleys, FY5 3A 100 sqm £1,687 14
Eastpines Drive, Thornton-Cleveleys, FY5 3R 57 sqm £2,448 14
Victoria Road West, Thornton-Cleveleys, FY5 3Q 121 sqm £2,239 13
St Andrews Avenue, Thornton-Cleveleys, FY5 3N 79 sqm £1,900 12

Search for your street here.

Raw data

Our analysis of Thornton-Cleveleys 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 sqm £/sqm
149, Eastpines Drive, Thornton-Cleveleys £175,000
Jul-2024
74 2,364
26, Deerhurst Rd, Thornton-Cleveleys £174,000
Jul-2024
105 1,657
153, Warren Drive, Thornton-Cleveleys £310,000
Jul-2024
134 2,313

See the entire list of all sales in Thornton-Cleveleys (FY5 3) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.