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House Prices in TA12

The average house price in TA12 (Martock) is £273,333 using HM Land Registry data.

The average property price increased by £62,695 (37.08%) over the last 5 years and increased by £12,562 (5.21%) over the last 12 months.

Over the last year, there were 51 residential property sales – a decrease of 13 transactions (-25.49%) relative to the previous year. The majority of house sales (22) were in the £160,000 - £264,000 range. Then came properties in the £264,000 - £368,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,500 (-2%).

In Oct 24, there were 0 new estate agency instructions, 0 agreed home sales and 0 property price reductions.

5-Year Average Property Prices in TA12 (Martock)

37.08%

Property prices in Martock increased by 37.08% 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 TA12 (Martock) Over the Last Year

5.21%

Property prices in Martock increased by 5.21% 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 TA12 (Martock) - 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 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 TA12 (Martock)

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 TA12 (Martock)

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 TA12 (Martock)

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 TA12 (Martock) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TA12 postcode area since 1995.

Recent Sales in TA12 (Martock)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
31 Paulls Close, Martock, Somerset, TA12 6DE	£110,000	£110,000	£00	13 May 2022	01 Jul 2024	780 Days
43 Paulls Close, Martock, Somerset, TA12 6DE	£145,000	£140,000	-£5,000	22 Jan 2024	28 Jun 2024	158 Days
39 Water Street, Martock, Somerset, TA12 6JP	£225,000	£200,000	-£25,000	22 Nov 2023	06 Jun 2024	197 Days
Watermeadow, Stoke Road, Martock, Somerset, TA12 6AF	£750,000	£720,000	-£30,000	09 Oct 2023	31 May 2024	235 Days
36 Steppes Crescent, Martock, Somerset, TA12 6EQ	£269,950	£266,000	-£3,950	30 Jan 2024	28 May 2024	119 Days
55 Hills Orchard, Martock, Somerset, TA12 6DF	£200,000	£190,000	-£10,000	13 Oct 2023	24 May 2024	224 Days
19 Martock Lane, Ash, Martock, Somerset, TA12 6NR	£425,000	£425,000	£00	25 Dec 2023	17 May 2024	144 Days
34 Bracey Road, Martock, Somerset, TA12 6HE	£200,000	£190,000	-£10,000	21 Feb 2024	17 May 2024	86 Days
23 The Acres, Martock, Somerset, TA12 6DD	£210,000	£203,000	-£7,000	01 Nov 2023	27 Mar 2024	147 Days
Flat 2, Ashfield House, Ashfield Park, Martock, Somerset, TA12 6EE	£395,000	£362,500	-£32,500	17 Oct 2023	18 Mar 2024	153 Days
63 North Street, Martock, Somerset, TA12 6EH	£175,000	£175,000	£00	14 Dec 2023	15 Mar 2024	92 Days
5 Mow Barton, Martock, Somerset, TA12 6DZ	£75,000	£67,000	-£8,000	22 Aug 2023	07 Mar 2024	198 Days
2 Tithing Court, Martock, Somerset, TA12 6FX	£300,000	£300,000	£00	03 Oct 2023	01 Feb 2024	121 Days
25 The Acres, Martock, Somerset, TA12 6DD	£225,000	£215,000	-£10,000	01 Aug 2023	30 Nov 2023	121 Days
3 Mow Barton, Martock, Somerset, TA12 6DZ	£80,000	£80,000	£00	23 Aug 2023	21 Nov 2023	90 Days
4 Gastons Lane, Bower Hinton, Martock, Somerset, TA12 6LN	£260,000	£245,000	-£15,000	14 Apr 2023	20 Nov 2023	220 Days
The Cottage, Silver Street, Kingsbury Episcopi, Martock, Somerset, TA12 6AX	£250,000	£250,000	£00	24 Jul 2023	10 Nov 2023	109 Days
1 Hills Orchard, Martock, Somerset, TA12 6DF	£450,000	£435,000	-£15,000	04 Jun 2023	09 Nov 2023	158 Days
1 Whellers Meadow, Martock, Somerset, TA12 6HD	£220,000	£215,000	-£5,000	03 Aug 2023	06 Nov 2023	95 Days
8 The Acres, Martock, Somerset, TA12 6DD	£290,000	£285,000	-£5,000	01 Aug 2023	31 Oct 2023	91 Days

Most Expensive Streets in TA12 (Martock)

Postcode	Street	Area	Average	No. of Sales
TA12 6JL	Church Street	Martock	£895,462	4
TA12 6NY	Back Street, Ash	Martock	£665,400	5
TA12 6NZ	Burrough Street, Ash	Martock	£611,400	5
TA12 6NP	Ash Lane	Martock	£552,500	4
TA12 6NR	Martock Lane, Ash	Martock	£523,125	8
TA12 6AT	Kingsbury Episcopi	Martock	£488,785	7
TA12 6LL	Middle Street, Bower Hinton	Martock	£486,666	3
TA12 6BP	Stembridge	Martock	£465,000	3
TA12 6BW	Stembridge	Martock	£456,250	4
TA12 6JN	Water Street	Martock	£449,500	4

Least Expensive Streets in TA12 (Martock)

Postcode	Street	Area	Average	No. of Sales
TA12 6HQ	Cedar Court	Martock	£98,350	6
TA12 6DZ	Mow Barton	Martock	£111,333	15
TA12 6EW	Steppes Meadow	Martock	£126,875	4
TA12 6JA	Stapleton Close	Martock	£165,833	3
TA12 6EG	North Street	Martock	£184,000	4
TA12 6HE	Bracey Road	Martock	£187,333	9
TA12 6NW	Eastfields	Martock	£190,375	4
TA12 6EN	Steppes Meadow	Martock	£191,250	4
TA12 6HL	Marwin Close	Martock	£192,283	6
TA12 6HT	Stapleton Close	Martock	£192,428	7