You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in BS27

House Prices in BS27

The average house price in BS27 (Cheddar) is £153,166 using HM Land Registry data.

The average property price increased by £129,163 (21.83%) over the last 5 years and increased by £25,821 (3.39%) over the last 12 months.

Over the last year, there were 81 residential property sales – a decrease of 37 transactions (-45.68%) relative to the previous year. The majority of house sales (22) were in the £256,000 - £342,000 range. Then came properties in the £428,000 - £514,000 range, where 13 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 75 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,934 (-2%).

In June 2024, there were 29 new estate agency instructions, 26 agreed home sales and 20 property price reductions.

5-Year Average Property Prices in BS27 (Cheddar)

21.83%

Property prices in Cheddar increased by 21.83% 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 BS27 (Cheddar) Over the Last Year

3.39%

Property prices in Cheddar increased by 3.39% 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.

Property Market Heat Gauge for BS27 (Cheddar) - June 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 BS27 (Cheddar)

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 BS27 (Cheddar)

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 BS27 (Cheddar)

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 BS27 (Cheddar) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BS27 postcode area since 1995.

Recent Sales in BS27 (Cheddar)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
29 Cross Farm Road, Draycott, Cheddar, Somerset, BS27 3SE	£425,000	£400,000	-£25,000	25 Sep 2023	19 Apr 2024	207 Days
3 Round Oak Grove, Cheddar, Somerset, BS27 3BW	£475,000	£445,000	-£30,000	30 Nov 2023	17 Apr 2024	139 Days
8 Dunstan Way, Cheddar, Somerset, BS27 3GA	£425,000	£410,000	-£15,000	16 Jan 2024	28 Mar 2024	72 Days
29 Old Station Close, Cheddar, Somerset, BS27 3DF	£195,000	£195,000	£00	20 Jul 2023	28 Mar 2024	252 Days
Apartment 4, Acacia Court, Tweentown, Cheddar, Somerset, BS27 3HY	£224,950	£146,000	-£78,950	15 Jan 2015	22 Feb 2024	3325 Days
10 Symons Way, Cheddar, Somerset, BS27 3NJ	£179,950	£173,500	-£6,450	18 Apr 2023	16 Feb 2024	304 Days
Westmount, The Hayes, Cheddar, Somerset, BS27 3AN	£850,000	£830,000	-£20,000	14 Aug 2023	12 Jan 2024	151 Days
Leighton House, Station Road, Cheddar, Somerset, BS27 3AH	£525,000	£510,000	-£15,000	27 Jul 2023	18 Dec 2023	144 Days
Bodele, Station Road, Cheddar, Somerset, BS27 3AG	£325,000	£325,000	£00	15 Jun 2023	12 Dec 2023	180 Days
39 Saxon Way, Cheddar, Somerset, BS27 3GB	£475,000	£472,000	-£3,000	22 Sep 2023	04 Dec 2023	73 Days
Flat 10, Cheddar Court, Station Road, Cheddar, Somerset, BS27 3DT	£97,500	£92,500	-£5,000	31 May 2023	27 Nov 2023	180 Days
4 Glebelands Close, Cheddar, Somerset, BS27 3XP	£485,000	£465,000	-£20,000	19 Apr 2023	24 Nov 2023	219 Days
Eveleigh, The Hayes, Cheddar, Somerset, BS27 3HS	£450,000	£415,000	-£35,000	15 Aug 2023	17 Nov 2023	94 Days
Bracken, Barrows Park, Cheddar, Somerset, BS27 3AZ	£750,000	£750,000	£00	19 Jun 2023	17 Nov 2023	151 Days
Lucerne, Upper New Road, Cheddar, Somerset, BS27 3DL	£425,000	£403,000	-£22,000	15 Jun 2023	15 Nov 2023	153 Days
Wayside, Birch Hill, Cheddar, Somerset, BS27 3JP	£525,000	£508,000	-£17,000	12 Apr 2022	09 Nov 2023	576 Days
Southview Orchard, Hannay Road, Cheddar, Somerset, BS27 3BT	£565,000	£550,000	-£15,000	08 Aug 2023	07 Nov 2023	91 Days
Lanacre, Millbourne Road, Cheddar, Somerset, BS27 3NP	£285,000	£285,000	£00	02 Aug 2023	27 Oct 2023	86 Days
1 Purdie Close, Cheddar, Somerset, BS27 3NU	£295,000	£282,000	-£13,000	20 Jun 2023	27 Oct 2023	129 Days
5 North Close, Draycott, Cheddar, Somerset, BS27 3TY	£325,000	£322,500	-£2,500	30 Mar 2023	27 Oct 2023	211 Days

Most Expensive Streets in BS27 (Cheddar)

Postcode	Street	Area	Average	No. of Sales
BS27 3BY	Venns Gate	Cheddar	£752,500	3
BS27 3BH	Barrows Croft	Cheddar	£722,125	4
BS27 3DE	The Chestnuts	Cheddar	£626,000	3
BS27 3BT	Hannay Road	Cheddar	£591,875	4
BS27 3AN	The Hayes	Cheddar	£570,000	4
BS27 3AZ	Barrows Park	Cheddar	£533,775	5
BS27 3QW	The Bays	Cheddar	£513,000	3
BS27 3AG	Station Road	Cheddar	£505,000	4
BS27 3PN	Kimberley Villas	Cheddar	£488,000	5
BS27 3DY	Lower New Road	Cheddar	£480,800	5

Least Expensive Streets in BS27 (Cheddar)

Postcode	Street	Area	Average	No. of Sales
BS27 3DT	Cheddar Court, Station Road	Cheddar	£108,459	26
BS27 3FH	Hythe Wood	Cheddar	£131,550	7
BS27 3NA	Union Street	Cheddar	£148,500	6
BS27 3NJ	Symons Way	Cheddar	£172,785	7
BS27 3DF	Old Station Close	Cheddar	£174,843	16
BS27 3DS	Fiveways Close	Cheddar	£186,214	7
BS27 3PH	Felsberg Way	Cheddar	£193,105	9
BS27 3PD	Edmunds Way	Cheddar	£198,666	3
BS27 3EF	Cheddar Fields	Cheddar	£214,250	4
BS27 3DU	Perrys Close	Cheddar	£215,000	3