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House Prices in BS28

The average house price in BS28 (Wedmore) is £0 using HM Land Registry data.

The average property price increased by £304,330 (16.96%) over the last 5 years and increased by £60,839 (2.73%) over the last 12 months.

Over the last year, there were 25 residential property sales – a decrease of 9 transactions (-36.00%) relative to the previous year. The majority of house sales (5) were in the £512,000 - £584,000 range. Then came properties in the £656,000 - £728,000 range, where 5 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 28 days to sell (from being listed to completion) and the average difference between asking and sold prices is £0 (0%).

In June 2024, there were 13 new estate agency instructions, 3 agreed home sales and 8 property price reductions.

5-Year Average Property Prices in BS28 (Wedmore)

16.96%

Property prices in Wedmore increased by 16.96% 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 BS28 (Wedmore) Over the Last Year

2.73%

Property prices in Wedmore increased by 2.73% 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 BS28 (Wedmore) - 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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 BS28 (Wedmore)

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 BS28 (Wedmore)

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 BS28 (Wedmore)

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 BS28 (Wedmore) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BS28 postcode area since 1995.

Recent Sales in BS28 (Wedmore)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Guilo, Guildhall Lane, Wedmore, Somerset, BS28 4AL	£400,000	£375,000	-£25,000	13 Feb 2024	17 Apr 2024	64 Days
Under Elms, Pilcorn Street, Wedmore, Somerset, BS28 4AW	£585,000	£565,000	-£20,000	08 Oct 2023	19 Mar 2024	163 Days
10 Hervey Close, Wedmore, Somerset, BS28 4AU	£595,000	£551,200	-£43,800	06 Apr 2023	20 Dec 2023	258 Days
6 Council Houses, Heath House, Wedmore, Somerset, BS28 4UJ	£499,950	£458,000	-£41,950	24 Feb 2023	08 Dec 2023	287 Days
23 Combe Batch Rise, Wedmore, Somerset, BS28 4DT	£450,000	£448,000	-£2,000	27 Apr 2023	07 Dec 2023	224 Days
16 Saxon Way, Wedmore, Somerset, BS28 4AG	£700,000	£688,000	-£12,000	13 Jul 2023	05 Dec 2023	145 Days
La-mont, Crickham Lane, Crickham, Wedmore, Somerset, BS28 4JX	£445,000	£430,000	-£15,000	18 Mar 2023	25 Aug 2023	160 Days
32 St Medard Road, Wedmore, Somerset, BS28 4AY	£675,000	£635,000	-£40,000	11 Apr 2022	30 Mar 2023	353 Days
The Paddock, Wellsway, Blackford, Wedmore, Somerset, BS28 4NE	£675,000	£675,000	£00	21 Oct 2022	07 Mar 2023	137 Days
The Cottage, Keyton Hill, Wedmore, Somerset, BS28 4UR	£600,000	£600,000	£00	04 Sep 2022	06 Mar 2023	183 Days
Saxon Field, Mudgley Road, Wedmore, Somerset, BS28 4DF	£849,950	£849,950	£00	08 Feb 2022	13 Dec 2022	308 Days
Christmas Cottage, Pilcorn Street, Wedmore, Somerset, BS28 4AN	£500,000	£483,000	-£17,000	07 Apr 2022	05 Dec 2022	242 Days
Lynwood, Lascot Hill, Wedmore, Somerset, BS28 4AE	£625,000	£625,000	£00	16 Mar 2022	12 Aug 2022	149 Days
Applegarth, Mill Lane, Wedmore, Somerset, BS28 4DN	£585,000	£565,000	-£20,000	27 Oct 2021	05 May 2022	190 Days
Pottery Cottage, Glanville Road, Wedmore, Somerset, BS28 4AD	£400,000	£400,000	£00	14 Dec 2021	08 Apr 2022	115 Days
9 King Alfreds Way, Wedmore, Somerset, BS28 4BB	£620,000	£620,000	£00	28 Nov 2021	25 Feb 2022	89 Days
Orchards, Sand Road, Wedmore, Somerset, BS28 4BY	£650,000	£632,500	-£17,500	07 Oct 2021	14 Jan 2022	99 Days
Sheppards, Pilcorn Street, Wedmore, Somerset, BS28 4AW	£445,000	£440,000	-£5,000	10 Sep 2021	10 Dec 2021	91 Days
Stonegarth, Sand Road, Wedmore, Somerset, BS28 4BY	£765,000	£745,000	-£20,000	15 Sep 2021	29 Nov 2021	75 Days
Sweetcoppins, Dandos Lane, Wedmore, Somerset, BS28 4DB	£750,000	£720,000	-£30,000	25 Jun 2021	29 Sep 2021	96 Days

Most Expensive Streets in BS28 (Wedmore)

Postcode	Street	Area	Average	No. of Sales
BS28 4EA	Grants Lane	Wedmore	£1,256,333	3
BS28 4BZ	Sand Road	Wedmore	£1,083,333	3
BS28 4BJ	Little Ireland	Wedmore	£761,666	3
BS28 4DF	Mudgley Road	Wedmore	£759,983	3
BS28 4BQ	Plud Street	Wedmore	£728,333	3
BS28 4EL	Manor Lane	Wedmore	£717,666	3
BS28 4NE	Wellsway, Blackford	Wedmore	£710,000	3
BS28 4DB	Dandos Lane	Wedmore	£675,000	3
BS28 4EB	The Borough	Wedmore	£673,375	4
BS28 4BW	West End	Wedmore	£628,333	3

Least Expensive Streets in BS28 (Wedmore)

Postcode	Street	Area	Average	No. of Sales
BS28 4DX	Combe Batch	Wedmore	£269,000	4
BS28 4TW	Council Houses, Mudgley	Wedmore	£276,666	3
BS28 4AX	Danes Lea	Wedmore	£277,000	4
BS28 4FB	Cross Farm Green	Wedmore	£281,166	3
BS28 4DT	Combe Batch Rise	Wedmore	£319,500	4
BS28 4AY	St Medard Road	Wedmore	£345,993	8
BS28 4TY	Mudgley	Wedmore	£425,000	5
BS28 4BT	Springfield Drive	Wedmore	£427,000	4
BS28 4EW	Longfield Drive	Wedmore	£430,806	26
BS28 4AW	Pilcorn Street	Wedmore	£448,333	3