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House Prices in BS26

The average house price in BS26 (Axbridge) is £321,040 using HM Land Registry data.

The average property price increased by £32,258 (17.67%) over the last 5 years and increased by £6,463 (2.82%) over the last 12 months.

Over the last year, there were 44 residential property sales – a decrease of 4 transactions (-9.09%) relative to the previous year. The majority of house sales (12) were in the £274,000 - £388,000 range. Then came properties in the £160,000 - £274,000 range, where 10 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 £-5,357 (-1%).

In Oct 24, there were 12 new estate agency instructions, agreed home sales and 17 property price reductions.

5-Year Average Property Prices in BS26 (Axbridge)

17.67%

Property prices in Axbridge increased by 17.67% 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 BS26 (Axbridge) Over the Last Year

2.82%

Property prices in Axbridge increased by 2.82% 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 BS26 (Axbridge) - 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 BS26 (Axbridge)

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 BS26 (Axbridge)

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 BS26 (Axbridge)

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 BS26 (Axbridge) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BS26 postcode area since 1995.

Recent Sales in BS26 (Axbridge)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
13 Rookery Close, Rooksbridge, Axbridge, Somerset, BS26 2UQ	£294,950	£285,000	-£9,950	04 Dec 2023	02 Aug 2024	242 Days
32 Old Church Road, Axbridge, Somerset, BS26 2BE	£360,000	£345,200	-£14,800	27 Jan 2024	25 Jul 2024	180 Days
26 Mendip Close, Axbridge, Somerset, BS26 2DG	£330,000	£330,000	£00	21 Mar 2024	12 Jul 2024	113 Days
19 Mendip Close, Axbridge, Somerset, BS26 2DG	£485,000	£485,000	£00	31 Aug 2023	04 Jul 2024	308 Days
3 Mendip Close, Axbridge, Somerset, BS26 2DG	£365,000	£357,500	-£7,500	02 Apr 2024	04 Jul 2024	93 Days
Mission House, Old Coach Road, Cross, Axbridge, Somerset, BS26 2EE	£294,000	£280,000	-£14,000	23 Jan 2024	14 Jun 2024	143 Days
Compton House Barn, Compton Lane, Axbridge, Somerset, BS26 2HP	£759,000	£725,000	-£34,000	02 Aug 2023	14 Jun 2024	317 Days
2 Blackthorn Close, Biddisham, Axbridge, Somerset, BS26 2RN	£575,000	£525,000	-£50,000	14 Sep 2023	07 Jun 2024	267 Days
22 West Street, Axbridge, Somerset, BS26 2AD	£529,000	£513,000	-£16,000	23 May 2023	26 Mar 2024	308 Days
8 Bailiffs Close, Axbridge, Somerset, BS26 2AZ	£325,000	£325,000	£00	12 Jun 2023	05 Feb 2024	238 Days
3 Barnabas Close, Axbridge, Somerset, BS26 2HG	£495,000	£490,000	-£5,000	31 Jul 2023	24 Jan 2024	177 Days
1 Walnut Close, Axbridge, Somerset, BS26 2DT	£315,000	£305,000	-£10,000	30 Sep 2023	22 Jan 2024	114 Days
10 Woodlands, Axbridge, Somerset, BS26 2AX	£425,000	£415,000	-£10,000	06 Jun 2023	10 Jan 2024	218 Days
Maydew, Sparrow Hill Way, Weare, Axbridge, Somerset, BS26 2LA	£299,995	£299,995	£00	24 Aug 2023	14 Dec 2023	112 Days
46 West Street, Axbridge, Somerset, BS26 2AD	£450,000	£440,000	-£10,000	11 Apr 2023	31 Oct 2023	203 Days
2 Rees Way, Biddisham, Axbridge, Somerset, BS26 2RQ	£265,000	£260,000	-£5,000	18 Jul 2023	17 Oct 2023	91 Days
15 Marron Close, Axbridge, Somerset, BS26 2PE	£285,000	£270,000	-£15,000	15 Jun 2023	09 Oct 2023	116 Days
Manor Meadow, Sparrow Hill Way, Weare, Axbridge, Somerset, BS26 2LA	£535,000	£535,000	£00	14 May 2023	06 Oct 2023	145 Days
30 Rookery Close, Rooksbridge, Axbridge, Somerset, BS26 2UQ	£280,000	£265,000	-£15,000	12 Apr 2023	22 Sep 2023	163 Days
Slade Farm, Kingsway, Tarnock, Axbridge, Somerset, BS26 2SG	£785,000	£770,000	-£15,000	04 Apr 2023	06 Sep 2023	155 Days

Most Expensive Streets in BS26 (Axbridge)

Postcode	Street	Area	Average	No. of Sales
BS26 2HF	Butts Batch, Compton Bishop	Axbridge	£858,750	4
BS26 2LE	Sparrow Hill Way, Weare	Axbridge	£785,000	4
BS26 2XX	Banwell Road, Christon	Axbridge	£730,000	3
BS26 2NR	Stone Allerton	Axbridge	£713,000	5
BS26 2JJ	Wavering Down Rise, Shute Shelve	Axbridge	£710,000	3
BS26 2QW	Badgworth Lane, Badgworth	Axbridge	£697,500	3
BS26 2NP	Stone Allerton	Axbridge	£635,000	3
BS26 2NN	Stone Allerton	Axbridge	£585,500	5
BS26 2HS	Kennel Lane, Webbington	Axbridge	£566,666	3
BS26 2BN	St Marys Street	Axbridge	£550,625	4

Least Expensive Streets in BS26 (Axbridge)

Postcode	Street	Area	Average	No. of Sales
BS26 2AY	St Johns Court	Axbridge	£100,791	12
BS26 2BB	Peelers Court, Moorland Street, Axbridge	Axbridge	£158,750	4
BS26 2FH	Harvest Rise, Moorland Street, Axbridge	Axbridge	£165,800	5
BS26 2DQ	Penn Way	Axbridge	£167,238	3
BS26 2DJ	Knightstone Close	Axbridge	£208,125	4
BS26 2DA	Jubilee Road	Axbridge	£218,750	4
BS26 2FL	Reads Garden	Axbridge	£235,700	5
BS26 2DB	Orchard Road	Axbridge	£237,125	4
BS26 2UQ	Rookery Close, Rooksbridge	Axbridge	£248,750	4
BS26 2DS	Crossmoor Road	Axbridge	£255,166	3