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House Prices in TA16

The average house price in TA16 (Merriott) is £206,000 using HM Land Registry data.

The average property price increased by £27,598 (-5.71%) over the last 5 years and increased by £5,528 (-1.1%) over the last 12 months.

Over the last year, there were 16 residential property sales – a decrease of 19 transactions (-118.75%) relative to the previous year. The majority of house sales (7) were in the £190,000 - £268,000 range. Then came properties in the £268,000 - £346,000 range, where 4 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 £-10,595 (-3%).

In January 2025, there were 0 new estate agency instructions, 0 agreed home sales and 0 property price reductions.

5-Year Average Property Prices in TA16 (Merriott)

-5.71%

Property prices in TA16 (Merriott) decreased by -5.71% 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 TA16 (Merriott) Over the Last Year

-1.1%

Property prices in TA16 (Merriott) decreased by -1.1% 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 TA16 (Merriott) - January 2025

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 TA16 (Merriott)

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 TA16 (Merriott)

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 TA16 (Merriott)

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 TA16 (Merriott) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TA16 postcode area since 1995.

Recent Sales in TA16 (Merriott)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
9 Sherlands Gardens, Merriott, Somerset, TA16 5RF	£290,000	£290,000	£0	02 Jul 2024	12 Dec 2024	163 Days
34 Manor Drive, Merriott, Somerset, TA16 5PB	£325,000	£315,000	-£10,000	23 Jul 2024	14 Oct 2024	83 Days
62 Higher Beadon, Merriott, Somerset, TA16 5QU	£280,000	£272,500	-£7,500	09 May 2024	14 Oct 2024	158 Days
73 Hitchen, Merriott, Somerset, TA16 5RA	£200,000	£200,000	£0	11 Apr 2024	12 Jul 2024	92 Days
9 Knapp, Merriott, Somerset, TA16 5NQ	£230,000	£222,500	-£7,500	17 Jan 2024	05 Jul 2024	170 Days
28 Sherlands Gardens, Merriott, Somerset, TA16 5RF	£300,000	£280,000	-£20,000	15 Dec 2023	27 Jun 2024	195 Days
82 Broadway, Merriott, Somerset, TA16 5QH	£290,000	£287,000	-£3,000	26 Sep 2023	24 Jun 2024	272 Days
Horethorne, Boozer Pit, Merriott, Somerset, TA16 5PW	£445,000	£425,000	-£20,000	12 Feb 2024	20 May 2024	98 Days
Greystones, Shyners Lane, Merriott, Somerset, TA16 5NS	£385,000	£375,000	-£10,000	26 Sep 2023	12 Mar 2024	168 Days
54 Hitchen, Merriott, Somerset, TA16 5QZ	£275,000	£265,000	-£10,000	03 May 2023	11 Oct 2023	161 Days
51 Broadway, Merriott, Somerset, TA16 5QH	£250,000	£245,000	-£5,000	19 May 2023	29 Sep 2023	133 Days
11 Hitchen, Merriott, Somerset, TA16 5QX	£220,000	£210,000	-£10,000	15 May 2023	28 Sep 2023	136 Days
Cherrytree Cottage, Church Street, Merriott, Somerset, TA16 5PR	£525,000	£517,500	-£7,500	27 Mar 2023	25 Aug 2023	151 Days
11 Manor Drive, Merriott, Somerset, TA16 5NT	£280,000	£270,000	-£10,000	21 Apr 2023	22 Aug 2023	123 Days
Staddles, 20, Shiremoor Hill, Merriott, Somerset, TA16 5PH	£450,000	£420,000	-£30,000	14 Mar 2023	14 Jul 2023	122 Days
10 Higher Street, Merriott, Somerset, TA16 5PJ	£310,000	£305,000	-£5,000	16 Jan 2023	16 Jun 2023	151 Days
34 Lower Street, Merriott, Somerset, TA16 5NN	£220,000	£210,000	-£10,000	07 Feb 2023	04 May 2023	86 Days
7 Beadon Lane, Merriott, Somerset, TA16 5QT	£150,000	£140,000	-£10,000	20 Jan 2023	14 Apr 2023	84 Days
21 Beadon Lane, Merriott, Somerset, TA16 5QT	£345,000	£330,000	-£15,000	10 Jun 2022	11 Apr 2023	305 Days
13 Sherlands, Merriott, Somerset, TA16 5RD	£220,000	£205,000	-£15,000	05 Nov 2022	10 Mar 2023	125 Days

Most Expensive Streets in TA16 (Merriott)

Postcode	Street	Area	Average	No. of Sales
TA16 5PR	Church Street	Merriott	£581,928	7
TA16 5AF	Waterwheel Court	Merriott	£543,000	5
TA16 5PT	Church Street	Merriott	£488,333	3
TA16 5PW	Boozer Pit	Merriott	£417,500	4
TA16 5NF	Moorlands Road	Merriott	£353,900	5
TA16 5NS	Shyners Terrace	Merriott	£325,333	3
TA16 5PJ	Higher Street	Merriott	£321,090	11
TA16 5QH	Broadway	Merriott	£311,714	7
TA16 5QT	Beadon Lane	Merriott	£299,833	6
TA16 5NP	Osborne Place	Merriott	£284,316	3

Least Expensive Streets in TA16 (Merriott)

Postcode	Street	Area	Average	No. of Sales
TA16 5NQ	Knapp	Merriott	£161,666	3
TA16 5QG	Broadway	Merriott	£206,600	5
TA16 5RA	Hitchen	Merriott	£207,000	4
TA16 5QX	Hitchen	Merriott	£230,000	3
TA16 5QZ	Hitchen	Merriott	£239,000	5
TA16 5RG	Old Hitchen	Merriott	£252,166	3
TA16 5RF	Sherlands Gardens	Merriott	£254,058	6
TA16 5PH	Shiremoor Hill	Merriott	£259,250	8
TA16 5AB	Old Farm Walk	Merriott	£265,250	4
TA16 5NW	Lower Street	Merriott	£265,642	7