House Prices in TA19 House Prices in TA19 (Ilminster)

The average house price in TA19 (Ilminster) is £290,250 using HM Land Registry data.

The average property price increased by £55,676 (35.29%) over the last 5 years and increased by £11,155 (5.01%) over the last 12 months.

Over the last year, there were 113 residential property sales – a decrease of 65 transactions (-57.52%) relative to the previous year. The majority of house sales (35) were in the £180,000 - £280,000 range. Then came properties in the £280,000 - £380,000 range, where 28 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 Oct 24, 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.

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 TA19 (Ilminster) - 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 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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
The Burrows, Windmill Hill, Ashill, Ilminster, Somerset, TA19 9NT£475,000£460,000-£15,00030 Nov 202322 Aug 2024266 Days
Lower Parsonage Cottage, Thickthorne, Ashill, Ilminster, Somerset, TA19 9LU£725,000£725,000£0003 May 202419 Aug 2024108 Days
Whispering Heights, Upton Lane, Seavington, Ilminster, Somerset, TA19 0PZ£525,000£500,000-£25,00003 Nov 202316 Aug 2024287 Days
7 Listers Hill, Ilminster, Somerset, TA19 0EL£165,000£98,249-£66,75109 Aug 201716 Aug 20242564 Days
The Riggs, Cad Road, Ilton, Ilminster, Somerset, TA19 9HF£430,000£425,000-£5,00009 May 202408 Aug 202491 Days
7 Fairfield, Ilminster, Somerset, TA19 9PE£220,000£220,000£0005 Mar 202419 Jul 2024136 Days
57 Ladymeade, Ilminster, Somerset, TA19 0EA£350,000£340,500-£9,50031 Jul 202305 Jul 2024340 Days
25 Eames Orchard, Ilminster, Somerset, TA19 0BZ£275,000£273,000-£2,00003 Apr 202405 Jul 202493 Days
20 Springfield, Ilminster, Somerset, TA19 0ET£325,000£325,000£0004 Jan 202425 Jun 2024173 Days
East View, Goose Lane, Horton, Ilminster, Somerset, TA19 9QQ£400,000£395,000-£5,00012 Apr 202425 Jun 202474 Days
2 Greenway, Dowlish Ford, Ilminster, Somerset, TA19 0PJ£375,000£350,000-£25,00004 Feb 202411 Jun 2024128 Days
27 Lower Meadow, Ilminster, Somerset, TA19 9DR£265,000£265,000£0003 Dec 202307 Jun 2024187 Days
Russet Cottage, Buttle Close, Shepton Beauchamp, Ilminster, Somerset, TA19 0LU£325,000£316,000-£9,00015 Jan 202407 Jun 2024144 Days
10 Heron Way, Ilminster, Somerset, TA19 0BX£300,000£285,000-£15,00020 Dec 202331 May 2024163 Days
81 Station Road, Ilminster, Somerset, TA19 9BL£367,500£365,000-£2,50018 Mar 202417 May 202460 Days
18 The Crescent, Ilminster, Somerset, TA19 0ER£280,000£280,000£0016 Jan 202412 Apr 202487 Days
22 Donyatt Hill, Ilminster, Somerset, TA19 0RZ£280,000£265,000-£15,00018 Oct 202304 Apr 2024169 Days
67 Herne Rise, Ilminster, Somerset, TA19 0HH£269,500£269,500£0022 Nov 202307 Mar 2024106 Days
19 Springfield, Ilminster, Somerset, TA19 0ET£260,000£245,000-£15,00014 Jul 202301 Mar 2024231 Days
43 East Street, Ilminster, Somerset, TA19 0AW£190,000£178,000-£12,00015 Aug 202329 Feb 2024198 Days

Most Expensive Streets in TA19 (Ilminster)

PostcodeStreetAreaAverageNo. of Sales
TA19 0PDMoolham Lane, MoolhamIlminster£690,0003
TA19 0JBBarringtonIlminster£611,9005
TA19 0PZUpton Lane, SeavingtonIlminster£609,90911
TA19 0QDSchool Lane, SeavingtonIlminster£597,3333
TA19 9REBroadwayIlminster£584,1258
TA19 9QXHortonIlminster£577,5003
TA19 9LNHare Lane, BroadwayIlminster£571,5717
TA19 9BEStation RoadIlminster£569,0004
TA19 9JAPuckingtonIlminster£566,8754
TA19 0SBSeaIlminster£559,2857

Least Expensive Streets in TA19 (Ilminster)

PostcodeStreetAreaAverageNo. of Sales
TA19 0DJSilver StreetIlminster£95,8333
TA19 0DGNorth StreetIlminster£144,1663
TA19 9ANRutters LaneIlminster£144,8754
TA19 9APHigh StreetIlminster£153,0003
TA19 9AAWest StreetIlminster£159,7005
TA19 0DDVictoria Court, Silver Street, IlminsterIlminster£164,18111
TA19 0NLSilver Springs, Shepton BeauchampIlminster£182,2504
TA19 0HWHigher MeadIlminster£184,2504
TA19 9HPSpurwells, IltonIlminster£187,4938
TA19 0AWEast StreetIlminster£188,29417

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