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 £237,500 using HM Land Registry data.

The average property price increased by £111,030 (21.83%) over the last 5 years and increased by £22,247 (3.39%) over the last 12 months.

Over the last year, there were 80 residential property sales – a decrease of 11 transactions (-13.75%) relative to the previous year. The majority of house sales (18) were in the £248,000 - £356,000 range. Then came properties in the £464,000 - £572,000 range, where 17 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 57 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,934 (-2%).

In Oct 24, there were 26 new estate agency instructions, 23 agreed home sales and 12 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) - Oct 24

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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
13 Annaly Road, Cheddar, Somerset, BS27 3AU	£375,000	£365,000	-£10,000	02 Nov 2023	01 Aug 2024	273 Days
Sunleaze, Swans Lane, Draycott, Cheddar, Somerset, BS27 3SS	£225,000	£202,000	-£23,000	15 Apr 2024	01 Aug 2024	108 Days
12 Ostrey Mead, Cheddar, Somerset, BS27 3DX	£240,000	£235,000	-£5,000	12 Apr 2024	26 Jul 2024	105 Days
Huy House, Union Street, Cheddar, Somerset, BS27 3NA	£250,000	£240,000	-£10,000	25 Jul 2023	15 Jul 2024	356 Days
Woodlands, Wells Road, Rodney Stoke, Cheddar, Somerset, BS27 3UU	£575,000	£545,000	-£30,000	09 Jun 2023	27 Jun 2024	384 Days
Summerholme, Upper New Road, Cheddar, Somerset, BS27 3DN	£705,000	£695,000	-£10,000	12 Feb 2024	27 Jun 2024	136 Days
6 Penn Road, Cheddar, Somerset, BS27 3NL	£367,500	£360,000	-£7,500	18 Sep 2023	27 Jun 2024	283 Days
5 Mead Close, Cheddar, Somerset, BS27 3XN	£385,000	£367,500	-£17,500	30 Oct 2023	14 Jun 2024	228 Days
Barncott, Wells Road, Draycott, Cheddar, Somerset, BS27 3ST	£170,000	£145,000	-£25,000	26 Dec 2023	04 Jun 2024	161 Days
1 Ostrey Mead, Cheddar, Somerset, BS27 3DX	£225,000	£225,000	£00	22 Aug 2023	29 May 2024	281 Days
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
Flat 7, Cheddar Court, Station Road, Cheddar, Somerset, BS27 3DT	£155,000	£155,000	£00	20 Jan 2024	28 Mar 2024	68 Days
Beverley House, The Barrows, Cheddar, Somerset, BS27 3BG	£785,000	£760,000	-£25,000	09 Oct 2023	25 Mar 2024	168 Days
9 Orchard Way, Cheddar, Somerset, BS27 3JA	£310,000	£302,000	-£8,000	20 Sep 2023	25 Mar 2024	187 Days
31 Tor View, Cheddar, Somerset, BS27 3NQ	£320,000	£305,000	-£15,000	20 Sep 2023	25 Mar 2024	187 Days
7 Silver Street, Cheddar, Somerset, BS27 3LE	£535,000	£515,000	-£20,000	04 Jul 2023	19 Mar 2024	259 Days
Mendip View, The Hayes, Cheddar, Somerset, BS27 3HP	£525,000	£500,000	-£25,000	23 Dec 2022	12 Mar 2024	445 Days

Most Expensive Streets in BS27 (Cheddar)

Postcode	Street	Area	Average	No. of Sales
BS27 3BH	Barrows Croft	Cheddar	£762,750	4
BS27 3BY	Venns Gate	Cheddar	£752,500	3
BS27 3DE	The Chestnuts	Cheddar	£626,000	3
BS27 3BT	Hannay Road	Cheddar	£591,875	4
BS27 3UU	Wells Road, Rodney Stoke	Cheddar	£570,000	3
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 3DY	Lower New Road	Cheddar	£508,000	4
BS27 3LW	Venns Gate	Cheddar	£508,000	4

Least Expensive Streets in BS27 (Cheddar)

Postcode	Street	Area	Average	No. of Sales
BS27 3FQ	Longmead End	Cheddar	£84,266	3
BS27 3DT	Cheddar Court, Station Road	Cheddar	£109,815	22
BS27 3FH	Hythe Wood	Cheddar	£132,300	7
BS27 3NA	Union Street	Cheddar	£161,571	7
BS27 3NJ	Symons Way	Cheddar	£172,785	7
BS27 3DF	Old Station Close	Cheddar	£173,071	14
BS27 3DS	Fiveways Close	Cheddar	£187,250	6
BS27 3PH	Felsberg Way	Cheddar	£193,105	9
BS27 3PD	Edmunds Way	Cheddar	£198,666	3
BS27 3EF	Cheddar Fields	Cheddar	£214,250	4