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House Prices in TA15

The average house price in TA15 (Montacute) is £0 using HM Land Registry data.

The average property price increased by £77,900 (-9.77%) over the last 5 years and increased by £15,573 (-1.94%) over the last 12 months.

Over the last year, there were 6 residential property sales – a decrease of 10 transactions (-166.67%) relative to the previous year. The majority of house sales (2) were in the £220,000 - £260,000 range. Then came properties in the £260,000 - £300,000 range, where 2 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 £-12,000 (-5%).

In June 2024, there were 0 new estate agency instructions, 0 agreed home sales and 0 property price reductions.

5-Year Average Property Prices in TA15 (Montacute)

-9.77%

Property prices in Montacute decreased by -9.77% 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 TA15 (Montacute) Over the Last Year

-1.94%

Property prices in Montacute decreased by -1.94% 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 TA15 (Montacute) - 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 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 TA15 (Montacute)

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 TA15 (Montacute)

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 TA15 (Montacute)

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 TA15 (Montacute) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TA15 postcode area since 1995.

Recent Sales in TA15 (Montacute)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
17 Bishopston, Montacute, Somerset, TA15 6UU	£270,000	£268,000	-£2,000	02 Jul 2023	20 Nov 2023	141 Days
29 Hyde Road, Montacute, Somerset, TA15 6UW	£235,000	£225,000	-£10,000	06 Jun 2023	31 Oct 2023	147 Days
10 The Borough, Montacute, Somerset, TA15 6XB	£325,000	£325,000	£00	14 Jun 2023	20 Sep 2023	98 Days
20 Lower Hyde Road, Montacute, Somerset, TA15 6UR	£230,000	£218,000	-£12,000	14 Oct 2022	28 Feb 2023	137 Days
18 Bishopston, Montacute, Somerset, TA15 6UU	£240,000	£235,000	-£5,000	19 May 2022	23 Sep 2022	127 Days
6 The Borough, Montacute, Somerset, TA15 6XB	£400,000	£395,000	-£5,000	05 Jan 2022	07 Jul 2022	183 Days
21 Back Lane, Montacute, Somerset, TA15 6XF	£239,950	£235,000	-£4,950	06 Sep 2021	12 May 2022	248 Days
23 Bishopston, Montacute, Somerset, TA15 6UU	£275,000	£271,000	-£4,000	14 Jun 2021	12 May 2022	332 Days
12 Hyde Road, Montacute, Somerset, TA15 6UW	£240,000	£240,000	£00	26 Dec 2021	22 Apr 2022	117 Days
Gaundle House, Lower Town, Montacute, Somerset, TA15 6US	£850,000	£825,000	-£25,000	14 Nov 2019	31 Jan 2022	809 Days
20 Lower Hyde Road, Montacute, Somerset, TA15 6UR	£179,000	£177,000	-£2,000	02 Jul 2021	02 Jul 2021	0 Days
23 Townsend, Montacute, Somerset, TA15 6XH	£293,000	£287,000	-£6,000	26 Jan 2021	30 Jun 2021	155 Days
3 Mason Lane, Montacute, Somerset, TA15 6UH	£280,000	£275,000	-£5,000	26 Mar 2021	25 Jun 2021	91 Days
24 Back Lane, Montacute, Somerset, TA15 6XF	£325,000	£325,000	£00	28 Jan 2021	08 Apr 2021	70 Days
10 The Borough, Montacute, Somerset, TA15 6XB	£200,000	£191,070	-£8,930	07 Oct 2019	07 Aug 2020	305 Days
23 The Borough, Montacute, Somerset, TA15 6XB	£250,000	£200,000	-£50,000	12 Nov 2019	27 Mar 2020	136 Days
Mellon Charles, Townsend, Montacute, Somerset, TA15 6XH	£300,000	£275,000	-£25,000	01 Sep 2019	13 Jan 2020	134 Days
42 Bishopston, Montacute, Somerset, TA15 6UX	£385,000	£360,000	-£25,000	01 Aug 2019	16 Dec 2019	137 Days
17 Bishopston, Montacute, Somerset, TA15 6UU	£225,000	£215,000	-£10,000	21 Jan 2019	07 Nov 2019	290 Days
7 The Borough, Montacute, Somerset, TA15 6XB	£450,000	£445,000	-£5,000	27 Nov 2018	04 Jul 2019	219 Days

Most Expensive Streets in TA15 (Montacute)

Postcode	Street	Area	Average	No. of Sales
TA15 6XB	The Borough	Montacute	£368,724	7
TA15 6XB	The Borough	Montacute	£368,724	7
TA15 6UU	Bishopston	Montacute	£361,000	9
TA15 6UU	Bishopston	Montacute	£361,000	9
TA15 6XH	Townsend	Montacute	£337,428	7
TA15 6XH	Townsend	Montacute	£337,428	7
TA15 6UW	Hyde Road	Montacute	£225,000	3
TA15 6UW	Hyde Road	Montacute	£225,000	3

Least Expensive Streets in TA15 (Montacute)

Postcode	Street	Area	Average	No. of Sales
TA15 6UW	Hyde Road	Montacute	£225,000	3
TA15 6UW	Hyde Road	Montacute	£225,000	3
TA15 6XH	Townsend	Montacute	£337,428	7
TA15 6XH	Townsend	Montacute	£337,428	7
TA15 6UU	Bishopston	Montacute	£361,000	9
TA15 6UU	Bishopston	Montacute	£361,000	9
TA15 6XB	The Borough	Montacute	£368,724	7
TA15 6XB	The Borough	Montacute	£368,724	7