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House Prices in TA24

The average house price in TA24 (Minehead) is £423,750 using HM Land Registry data.

The average property price increased by £67,161 (30.85%) over the last 5 years and increased by £13,426 (4.51%) over the last 12 months.

Over the last year, there were 205 residential property sales – a decrease of 148 transactions (-72.20%) relative to the previous year. The majority of house sales (51) were in the £150,000 - £238,000 range. Then came properties in the £238,000 - £326,000 range, where 47 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 £-13,186 (-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 TA24 (Minehead)

30.85%

Property prices in Minehead increased by 30.85% 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 TA24 (Minehead) Over the Last Year

4.51%

Property prices in Minehead increased by 4.51% 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 TA24 (Minehead) - 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 TA24 (Minehead)

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 TA24 (Minehead)

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 TA24 (Minehead)

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 TA24 (Minehead) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TA24 postcode area since 1995.

Recent Sales in TA24 (Minehead)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
13 Ash Grove, Minehead, Somerset, TA24 8TZ	£220,000	£215,000	-£5,000	13 Sep 2023	20 May 2024	250 Days
3 Brook Close, Minehead, Somerset, TA24 8BD	£160,000	£157,000	-£3,000	01 Feb 2024	20 May 2024	109 Days
Duck Cottage, Great House Street, Timberscombe, Minehead, Somerset, TA24 7TQ	£385,000	£360,000	-£25,000	22 Jan 2024	26 Apr 2024	95 Days
Flat 20, Hanover Court, North Road, Minehead, Somerset, TA24 5QY	£80,000	£80,000	£00	26 Dec 2023	22 Apr 2024	118 Days
97 West Street, Minehead, Somerset, TA24 5HR	£325,000	£318,000	-£7,000	16 Jan 2024	17 Apr 2024	92 Days
Hillview, Tudballs, Exford, Minehead, Somerset, TA24 7PT	£440,000	£435,000	-£5,000	03 Jan 2024	10 Apr 2024	98 Days
1 The Firs, Wheddon Cross, Minehead, Somerset, TA24 7DS	£275,000	£275,000	£00	05 Sep 2023	28 Mar 2024	205 Days
1 Poundfield Road, Minehead, Somerset, TA24 5EP	£240,000	£210,000	-£30,000	01 Jul 2023	14 Mar 2024	257 Days
Hillside, Woodcombe Lane, Woodcombe, Minehead, Somerset, TA24 8SA	£375,000	£358,000	-£17,000	19 Jul 2023	06 Mar 2024	231 Days
Woodland View, Porlock Road, Woodcombe, Minehead, Somerset, TA24 8RY	£380,000	£340,000	-£40,000	20 Apr 2023	05 Mar 2024	320 Days
Packwood, Woodland Close, Carhampton, Minehead, Somerset, TA24 6PE	£575,000	£570,000	-£5,000	15 Nov 2023	13 Feb 2024	90 Days
5 Lapwing Close, Minehead, Somerset, TA24 6UP	£225,000	£205,000	-£20,000	17 Jul 2023	24 Jan 2024	191 Days
1 Richmond Close, Minehead, Somerset, TA24 5HT	£350,000	£330,000	-£20,000	30 Oct 2023	17 Jan 2024	79 Days
40 Parkhouse Road, Minehead, Somerset, TA24 8AD	£399,950	£390,000	-£9,950	25 Sep 2023	11 Jan 2024	108 Days
Flat 33, Hanover Court, North Road, Minehead, Somerset, TA24 5QY	£115,000	£115,000	£00	31 Aug 2023	10 Jan 2024	132 Days
9 Church View, Porlock, Minehead, Somerset, TA24 8NA	£295,000	£295,000	£00	18 Sep 2023	03 Jan 2024	107 Days
23 West Street, Dunster, Minehead, Somerset, TA24 6SN	£399,500	£390,000	-£9,500	27 Jul 2023	20 Dec 2023	146 Days
22 Regents Way, Minehead, Somerset, TA24 5HW	£300,000	£285,000	-£15,000	30 Nov 2023	19 Dec 2023	19 Days
6 West Park Close, Minehead, Somerset, TA24 8BB	£260,000	£260,000	£00	21 Jul 2023	15 Dec 2023	147 Days
15 Blenheim Mews, Minehead, Somerset, TA24 5QZ	£350,000	£335,000	-£15,000	22 Sep 2023	15 Dec 2023	84 Days

Most Expensive Streets in TA24 (Minehead)

Postcode	Street	Area	Average	No. of Sales
TA24 8LN	Hawkcombe, Porlock	Minehead	£866,666	3
TA24 6HE	Bilbrook	Minehead	£698,833	3
TA24 8RF	Wootton Courtenay	Minehead	£684,250	4
TA24 8NB	Hawkcombe View, Porlock	Minehead	£627,004	3
TA24 6HQ	Bilbrook	Minehead	£613,400	4
TA24 8LL	Doverhay, Porlock	Minehead	£606,250	4
TA24 8HD	Bossington Lane, Porlock	Minehead	£602,000	5
TA24 8RA	Wootton Courtenay	Minehead	£592,000	3
TA24 8RD	Wootton Courtenay	Minehead	£591,928	7
TA24 8NX	West Porlock	Minehead	£571,750	4

Least Expensive Streets in TA24 (Minehead)

Postcode	Street	Area	Average	No. of Sales
TA24 5BA	Walton Court	Minehead	£79,333	3
TA24 5NW	Parade Nurseries, Market House Lane	Minehead	£86,825	6
TA24 5QY	Hanover Court, North Road	Minehead	£91,791	12
TA24 5NE	Stone Mill Court, Park Terrace	Minehead	£97,333	3
TA24 5NP	Holloway Street	Minehead	£114,833	3
TA24 5DA	Peerage Court, Vennland Way	Minehead	£117,147	17
TA24 5PL	Carlton Court, Blenheim Road	Minehead	£130,590	16
TA24 5JB	Broadleas, King Edward Road	Minehead	£136,566	3
TA24 5HP	Bernard Crescent	Minehead	£137,708	12
TA24 5PZ	Blenheim Road	Minehead	£138,118	8