You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in BS28

House Prices in BS28

The average house price in BS28 (Wedmore) is £643,472 using HM Land Registry data.

The average property price increased by £254,547 (16.96%) over the last 5 years and increased by £51,003 (2.73%) over the last 12 months.

Over the last year, there were 24 residential property sales – a decrease of 15 transactions (-62.50%) relative to the previous year. The majority of house sales (6) were in the £300,000 - £414,000 range. Then came properties in the £414,000 - £528,000 range, where 5 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 242 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-25,210 (-4%).

In Dec 24, there were 2 new estate agency instructions, 4 agreed home sales and 6 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) - Dec 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 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
Pilcorn Cottage, Pilcorn Street, Wedmore, Somerset, BS28 4AW	£525,000	£525,000	£00	24 Jul 2024	25 Oct 2024	93 Days
The Ridings, Sand Road, Wedmore, Somerset, BS28 4BX	£500,000	£485,000	-£15,000	04 Mar 2024	11 Oct 2024	221 Days
4 Orchard Close, Wedmore, Somerset, BS28 4DQ	£910,000	£910,000	£00	04 Jul 2024	04 Oct 2024	92 Days
2 Gardiners Orchard, Wedmore, Somerset, BS28 4HG	£900,000	£867,500	-£32,500	28 Nov 2023	21 Aug 2024	267 Days
Coleshop Farm, Northload Lane, Theale, Wedmore, Somerset, BS28 4SY	£1,035,000	£986,389	-£48,611	24 Nov 2023	01 Aug 2024	251 Days
Laurel House, Sexeys Road, Blackford, Wedmore, Somerset, BS28 4ND	£700,000	£700,000	£00	26 Apr 2024	29 Jul 2024	94 Days
7 Combe Batch Rise, Wedmore, Somerset, BS28 4DT	£425,000	£400,000	-£25,000	24 Oct 2023	19 Jul 2024	269 Days
Guilo, Guildhall Lane, Wedmore, Somerset, BS28 4AL	£400,000	£375,000	-£25,000	13 Feb 2024	17 Apr 2024	64 Days
Robins Hedge, Sand Road, Wedmore, Somerset, BS28 4XH	£800,000	£785,000	-£15,000	26 Dec 2023	15 Apr 2024	111 Days
11 Wells Road, Theale, Wedmore, Somerset, BS28 4SU	£410,000	£400,000	-£10,000	09 Aug 2023	20 Mar 2024	224 Days
Under Elms, Pilcorn Street, Wedmore, Somerset, BS28 4AW	£585,000	£565,000	-£20,000	08 Oct 2023	19 Mar 2024	163 Days
Chapel House, Combe Batch, Wedmore, Somerset, BS28 4DU	£550,000	£500,000	-£50,000	22 Aug 2023	26 Feb 2024	188 Days
Fenwood House, Pilcorn Street, Wedmore, Somerset, BS28 4AP	£650,000	£590,000	-£60,000	04 Aug 2023	20 Feb 2024	200 Days
The Borough Cottage, The Borough, Wedmore, Somerset, BS28 4EB	£545,000	£535,000	-£10,000	06 Sep 2023	16 Jan 2024	132 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
Silverwood, Birch Close, Wedmore, Somerset, BS28 4BG	£545,000	£520,000	-£25,000	16 Jun 2023	06 Sep 2023	82 Days
La-mont, Crickham Lane, Crickham, Wedmore, Somerset, BS28 4JX	£445,000	£430,000	-£15,000	18 Mar 2023	25 Aug 2023	160 Days

Most Expensive Streets in BS28 (Wedmore)

Postcode	Street	Area	Average	No. of Sales
BS28 4DQ	Orchard Close	Wedmore	£821,666	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 4FE	Holden Gardens	Wedmore	£698,428	7
BS28 4DB	Dandos Lane	Wedmore	£675,000	3
BS28 4EB	The Borough	Wedmore	£645,700	5
BS28 4AN	Pilcorn Street	Wedmore	£617,666	3
BS28 4EY	Cross Farm Green	Wedmore	£572,543	22

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 4FB	Cross Farm Green	Wedmore	£281,166	3
BS28 4AX	Danes Lea	Wedmore	£283,750	4
BS28 4DT	Combe Batch Rise	Wedmore	£339,666	6
BS28 4AY	St Medard Road	Wedmore	£345,993	8
BS28 4DU	Combe Batch	Wedmore	£420,000	3
BS28 4TY	Mudgley	Wedmore	£425,000	5
BS28 4BT	Springfield Drive	Wedmore	£427,000	4
BS28 4EW	Longfield Drive	Wedmore	£463,739	37