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House Prices in TA24 House Prices in TA24 (Minehead)

The average house price in TA24 (Minehead) is £278,250 using HM Land Registry data.

The average property price increased by £56,541 (30.85%) over the last 5 years and increased by £11,329 (4.51%) over the last 12 months.

Over the last year, there were 197 residential property sales – a decrease of 98 transactions (-49.75%) relative to the previous year. The majority of house sales (46) were in the £216,000 - £292,000 range. Then came properties in the £140,000 - £216,000 range, where 42 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 Oct 24, there were 0 new estate agency instructions, 0 agreed home sales and 0 property price reductions.

Nearby Postcodes: EX16, EX17, EX18, EX31, EX32, EX33, EX34, EX35, EX36, EX37, EX38, EX39, TA22, TA23, TA4

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.

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 TA24 (Minehead) - 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 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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Hangers Way, Dunster, Minehead, Somerset, TA24 6RT£695,000£685,000-£10,00028 Mar 202412 Aug 2024137 Days
26 The Meadows, Porlock, Minehead, Somerset, TA24 8NL£380,000£380,000£0004 Jun 202431 Jul 202457 Days
15 The Cedars, Minehead, Somerset, TA24 5PE£242,500£230,000-£12,50010 Jan 202430 Jul 2024202 Days
10 Bernard Crescent, Minehead, Somerset, TA24 5HP£140,000£137,500-£2,50016 Jan 202425 Jul 2024191 Days
55 Periton Way, Minehead, Somerset, TA24 8AJ£159,950£153,000-£6,95030 Aug 202319 Jul 2024324 Days
Danethorpe, Higher Orchard, Woodcombe, Minehead, Somerset, TA24 8SD£250,000£238,000-£12,00019 Mar 202412 Jul 2024115 Days
56 West Street, Minehead, Somerset, TA24 5HJ£275,000£265,000-£10,00010 Jan 202411 Jul 2024183 Days
3 The Cedars, Minehead, Somerset, TA24 5PE£450,000£435,000-£15,00010 Apr 202411 Jul 202492 Days
50 Lower Park, Minehead, Somerset, TA24 8AY£530,000£530,000£0005 Apr 202411 Jul 202497 Days
6 Dene Gardens, Minehead, Somerset, TA24 6BU£450,000£435,000-£15,00024 Jan 202410 Jul 2024168 Days
9 Millstream Close, Minehead, Somerset, TA24 5XB£299,950£298,500-£1,45010 Aug 202327 Jun 2024322 Days
8 Bridges Mead, Dunster, Minehead, Somerset, TA24 6RN£325,000£317,500-£7,50019 Jan 202414 Jun 2024147 Days
Apartment 51, Peerage Court, Vennland Way, Minehead, Somerset, TA24 5DA£125,000£120,000-£5,00026 Dec 202312 Jun 2024169 Days
1 Pintail Road, Minehead, Somerset, TA24 6UJ£225,000£215,000-£10,00017 Nov 202307 Jun 2024203 Days
8 Hopcott Close, Minehead, Somerset, TA24 5HB£289,950£280,000-£9,95027 Mar 202407 Jun 202472 Days
5 Deer View, Minehead, Somerset, TA24 6LW£415,000£385,000-£30,00006 Feb 202406 Jun 2024121 Days
White Stack, Ellicombe Lane, Ellicombe, Minehead, Somerset, TA24 6TR£335,000£315,000-£20,00027 Dec 202331 May 2024156 Days
7 Dunster Close, Minehead, Somerset, TA24 6BY£250,000£227,500-£22,50002 Nov 202331 May 2024211 Days
6 Lapwing Close, Minehead, Somerset, TA24 6UP£215,000£203,000-£12,00016 Jan 202428 May 2024133 Days
21 Marshfield Road, Minehead, Somerset, TA24 6AQ£147,000£135,000-£12,00006 Feb 202423 May 2024107 Days

Most Expensive Streets in TA24 (Minehead)

PostcodeStreetAreaAverageNo. of Sales
TA24 8LNHawkcombe, PorlockMinehead£866,6663
TA24 8RFWootton CourtenayMinehead£684,2504
TA24 8NBHawkcombe View, PorlockMinehead£627,0043
TA24 6HQBilbrookMinehead£613,4004
TA24 8NXWest PorlockMinehead£612,3333
TA24 8LLDoverhay, PorlockMinehead£606,2504
TA24 8RAWootton CourtenayMinehead£592,0003
TA24 8RDWootton CourtenayMinehead£591,9287
TA24 8JBHurlstone Park, PorlockMinehead£566,6663
TA24 8HDBossington Lane, PorlockMinehead£560,0004

Least Expensive Streets in TA24 (Minehead)

PostcodeStreetAreaAverageNo. of Sales
TA24 5BAWalton CourtMinehead£79,3333
TA24 5NWParade Nurseries, Market House LaneMinehead£86,5647
TA24 5QYHanover Court, North RoadMinehead£91,79112
TA24 5DAPeerage Court, Vennland WayMinehead£116,55817
TA24 5PLCarlton Court, Blenheim RoadMinehead£131,96315
TA24 5NPHolloway StreetMinehead£138,8333
TA24 6DSMarley CloseMinehead£139,5003
TA24 5HPBernard CrescentMinehead£139,69213
TA24 5LXIrnham MewsMinehead£143,5005
TA24 6JECleeve Park, Chapel CleeveMinehead£144,3333

Explore TA24 (Minehead) using map

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