House Prices in TA2 House Prices in TA2 (Taunton)

The average house price in TA2 (Taunton) is £453,928 using HM Land Registry data.

The average property price increased by £87,158 (18.33%) over the last 5 years and increased by £17,463 (2.92%) over the last 12 months.

Over the last year, there were 215 residential property sales – a decrease of 109 transactions (-50.70%) relative to the previous year. The majority of house sales (66) were in the £220,000 - £280,000 range. Then came properties in the £280,000 - £340,000 range, where 39 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 £-7,199 (-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 TA2 (Taunton)

18.33%

Property prices in Taunton increased by 18.33% 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 TA2 (Taunton) Over the Last Year

2.92%

Property prices in Taunton increased by 2.92% 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.

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).

Property Market Heat Gauge for TA2 (Taunton) - 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 TA2 (Taunton)

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 TA2 (Taunton)

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 TA2 (Taunton)

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 TA2 (Taunton) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TA2 postcode area since 1995.

Recent Sales in TA2 (Taunton)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Orchard Green, Taunton, Somerset, TA2 7BE£280,000£280,000£0028 Mar 202427 Aug 2024152 Days
20 Drake Close, Taunton, Somerset, TA2 6TU£215,000£215,000£0007 Jun 202408 Aug 202462 Days
121 Farm View, Taunton, Somerset, TA2 7RD£220,000£219,550-£45014 Feb 202406 Aug 2024174 Days
199a, Greenway Road, Taunton, Somerset, TA2 6LQ£157,000£157,000£0022 Mar 202424 Jul 2024124 Days
Gotton Stables, Gotton, Cheddon Fitzpaine, Taunton, Somerset, TA2 8LL£650,000£626,000-£24,00012 Feb 202419 Jul 2024158 Days
4 Sawyers Leigh, Kingston St Mary, Taunton, Somerset, TA2 8QQ£650,000£635,000-£15,00021 Mar 202419 Jul 2024120 Days
201 Greenway Road, Taunton, Somerset, TA2 6LQ£425,000£415,000-£10,00026 Jan 202415 Jul 2024171 Days
5 Coopers Mill, Norton Fitzwarren, Taunton, Somerset, TA2 6NX£315,000£305,000-£10,00015 Sep 202312 Jul 2024301 Days
15 Colin Road, Taunton, Somerset, TA2 7AS£294,000£288,000-£6,00023 Dec 202328 Jun 2024188 Days
3 Stembridge Way, Norton Fitzwarren, Taunton, Somerset, TA2 6SX£350,000£350,000£0005 Mar 202428 Jun 2024115 Days
24 Bossington Drive, Taunton, Somerset, TA2 8HG£235,000£230,000-£5,00001 Mar 202426 Jun 2024117 Days
48 Nash Green, Staplegrove, Taunton, Somerset, TA2 6BZ£385,000£365,000-£20,00002 Nov 202321 Jun 2024232 Days
49 Whitmore Road, Taunton, Somerset, TA2 6DZ£395,000£395,000£0013 Feb 202419 Jun 2024127 Days
5 Leslie Avenue, Taunton, Somerset, TA2 6JL£315,000£307,500-£7,50013 Mar 202414 Jun 202493 Days
20 Winslade Close, Taunton, Somerset, TA2 7HA£198,000£185,000-£13,00025 Jan 202413 Jun 2024140 Days
49 Luttrell Close, Taunton, Somerset, TA2 8SA£240,000£227,500-£12,50022 Mar 202410 Jun 202480 Days
89 Farriers Green, Monkton Heathfield, Taunton, Somerset, TA2 8PP£349,950£342,000-£7,95025 Jan 202407 Jun 2024134 Days
26 Rowbarton Close, Taunton, Somerset, TA2 7DQ£260,000£255,000-£5,00026 Dec 202307 Jun 2024164 Days
35 Lyngford Road, Taunton, Somerset, TA2 7EF£272,500£265,000-£7,50015 Jan 202407 Jun 2024144 Days
60 Bossington Drive, Taunton, Somerset, TA2 8HG£185,000£185,000£0011 Jan 202407 Jun 2024148 Days

Most Expensive Streets in TA2 (Taunton)

PostcodeStreetAreaAverageNo. of Sales
TA2 8RBCoombe, West MonktonTaunton£922,5004
TA2 7NZBeech CloseTaunton£845,0003
TA2 8LBCheddon FitzpaineTaunton£756,2504
TA2 8HLParsonage Lane, Kingston St MaryTaunton£742,5007
TA2 8NPSummer View, West MonktonTaunton£693,1663
TA2 8AGNailsbourneTaunton£690,0003
TA2 8ATNailsbourneTaunton£685,0003
TA2 8HRChurch Lane, Kingston St MaryTaunton£651,0005
TA2 8RDCoombe Bottom, West MonktonTaunton£632,6663
TA2 8HWKingston St MaryTaunton£624,2147

Least Expensive Streets in TA2 (Taunton)

PostcodeStreetAreaAverageNo. of Sales
TA2 7HJEastwick RoadTaunton£100,0003
TA2 7NYKingston RoadTaunton£128,4005
TA2 7TBKilve CloseTaunton£142,7506
TA2 6RRYarlington Close, Norton FitzwarrenTaunton£143,6836
TA2 7SLKingston RoadTaunton£153,0007
TA2 7DHCheddon RoadTaunton£157,6254
TA2 6JUSt Andrews ViewTaunton£158,0004
TA2 6TUDrake CloseTaunton£158,5008
TA2 7RBFarm ViewTaunton£159,3333
TA2 8EXBircham RoadTaunton£160,8005

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