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House Prices in TA19

The average house price in TA19 (Ilminster) is £395,666 using HM Land Registry data.

The average property price increased by £84,983 (35.29%) over the last 5 years and increased by £16,989 (5.01%) over the last 12 months.

Over the last year, there were 131 residential property sales – a decrease of 63 transactions (-48.09%) relative to the previous year. The majority of house sales (40) were in the £190,000 - £270,000 range. Then came properties in the £270,000 - £350,000 range, where 27 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 £-11,022 (-3%).

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 TA19 (Ilminster)

35.29%

Property prices in Ilminster increased by 35.29% 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 TA19 (Ilminster) Over the Last Year

5.01%

Property prices in Ilminster increased by 5.01% 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 TA19 (Ilminster) - 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 TA19 (Ilminster)

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 TA19 (Ilminster)

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 TA19 (Ilminster)

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 TA19 (Ilminster) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TA19 postcode area since 1995.

Recent Sales in TA19 (Ilminster)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
19 Springfield, Ilminster, Somerset, TA19 0ET	£260,000	£245,000	-£15,000	14 Jul 2023	01 Mar 2024	231 Days
43 East Street, Ilminster, Somerset, TA19 0AW	£190,000	£178,000	-£12,000	15 Aug 2023	29 Feb 2024	198 Days
Court Farm, Upton Lane, Seavington, Ilminster, Somerset, TA19 0PZ	£825,000	£750,000	-£75,000	11 Sep 2023	12 Feb 2024	154 Days
44 Silver Street, Ilminster, Somerset, TA19 0DR	£200,000	£190,000	-£10,000	30 Aug 2023	26 Jan 2024	149 Days
4 Bay Hill, Ilminster, Somerset, TA19 0AT	£300,000	£298,330	-£1,670	21 Oct 2023	25 Jan 2024	96 Days
22 Highfield, Ilminster, Somerset, TA19 9SR	£450,000	£440,000	-£10,000	04 Jul 2023	22 Jan 2024	202 Days
The Cottage, Water Street, Barrington, Ilminster, Somerset, TA19 0JR	£475,000	£475,000	£00	08 Sep 2023	22 Jan 2024	136 Days
Westbury, Littlefields Lane, Shepton Beauchamp, Ilminster, Somerset, TA19 0LA	£330,000	£315,000	-£15,000	03 Oct 2023	19 Jan 2024	108 Days
29 Ladymeade, Ilminster, Somerset, TA19 0EA	£230,000	£225,000	-£5,000	11 Oct 2023	18 Jan 2024	99 Days
11 Silver Springs, Shepton Beauchamp, Ilminster, Somerset, TA19 0NL	£220,000	£220,000	£00	06 Jun 2023	15 Jan 2024	223 Days
126 Blackdown View, Ilminster, Somerset, TA19 0BG	£235,000	£220,000	-£15,000	21 Jun 2023	12 Jan 2024	205 Days
1 High Street, Ilminster, Somerset, TA19 9AW	£215,000	£215,000	£00	18 Aug 2023	19 Dec 2023	123 Days
4 Lamparts Way, Broadway, Ilminster, Somerset, TA19 9RY	£400,000	£390,000	-£10,000	14 Mar 2023	14 Dec 2023	275 Days
29 Lower Meadow, Ilminster, Somerset, TA19 9DR	£175,000	£175,000	£00	12 Sep 2023	14 Dec 2023	93 Days
15 Hillview Terrace, Ilminster, Somerset, TA19 9AL	£300,000	£280,000	-£20,000	26 Aug 2023	05 Dec 2023	101 Days
1 Walnut Place, Ilminster, Somerset, TA19 0BU	£160,000	£154,000	-£6,000	06 Apr 2023	27 Nov 2023	235 Days
Flat 14, Muchelney House, Abbots Close, Ilminster, Somerset, TA19 0EF	£65,000	£57,500	-£7,500	27 Nov 2023	27 Nov 2023	0 Days
8 Standerwick Orchard, Broadway, Ilminster, Somerset, TA19 9SL	£280,000	£264,000	-£16,000	29 Jun 2023	24 Nov 2023	148 Days
10 Greenway, Dowlish Ford, Ilminster, Somerset, TA19 0PJ	£525,000	£510,000	-£15,000	01 Oct 2022	24 Nov 2023	419 Days
Standerwick Cottage, Goose Lane, Broadway, Ilminster, Somerset, TA19 9RU	£390,000	£377,500	-£12,500	20 Mar 2023	22 Nov 2023	247 Days

Most Expensive Streets in TA19 (Ilminster)

Postcode	Street	Area	Average	No. of Sales
TA19 0PD	Moolham Lane, Moolham	Ilminster	£690,000	3
TA19 0PZ	Upton Lane, Seavington	Ilminster	£643,250	10
TA19 0QD	School Lane, Seavington	Ilminster	£597,333	3
TA19 0JB	Barrington	Ilminster	£594,875	4
TA19 9RE	Broadway	Ilminster	£591,857	7
TA19 9QX	Horton	Ilminster	£577,500	3
TA19 9BE	Station Road	Ilminster	£569,000	4
TA19 9LN	Hare Lane, Broadway	Ilminster	£561,062	8
TA19 9JA	Puckington	Ilminster	£559,420	5
TA19 0SB	Sea	Ilminster	£550,500	10

Least Expensive Streets in TA19 (Ilminster)

Postcode	Street	Area	Average	No. of Sales
TA19 0DJ	Silver Street	Ilminster	£95,833	3
TA19 0DH	Key House, Silver Street, Ilminster	Ilminster	£128,333	3
TA19 9AN	Rutters Lane	Ilminster	£144,875	4
TA19 0DG	North Street	Ilminster	£150,625	4
TA19 9AP	High Street	Ilminster	£153,000	3
TA19 9AA	West Street	Ilminster	£159,700	5
TA19 0DD	Victoria Court, Silver Street, Ilminster	Ilminster	£164,250	12
TA19 9SP	Westerly Court	Ilminster	£169,666	3
TA19 0HW	Higher Mead	Ilminster	£178,900	5
TA19 0NL	Silver Springs, Shepton Beauchamp	Ilminster	£182,250	4