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Taunton House Prices Taunton House Prices

The average house price in Taunton is £231,500 using HM Land Registry data.

The average property price increased by £66,398 (29.19%) over the last 5 years and increased by £13,274 (4.73%) over the last 12 months.

Over the last year, there were 711 residential property sales – a decrease of 375 transactions (-52.74%) relative to the previous year. The majority of house sales (168) were in the £196,000 - £252,000 range. Then came properties in the £252,000 - £308,000 range, where 131 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 £-9,183 (-2%).

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

Postcodes Covered: TA1, TA2, TA3, TA4

5-Year Average Property Prices in Taunton

29.19%

Property prices in Taunton increased by 29.19% 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 Taunton Over the Last Year

4.73%

Property prices in Taunton increased by 4.73% 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 Taunton - 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 Taunton

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 Taunton

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 Taunton

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 Taunton since 1995

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

Recent Property Sales in Taunton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Orchard Green, Taunton, Somerset, TA2 7BE£280,000£280,000£0028 Mar 202427 Aug 2024152 Days
10 Stonegallows, Taunton, Somerset, TA1 5JN£500,000£485,000-£15,00012 Apr 202414 Aug 2024124 Days
2 Clarence Street, Taunton, Somerset, TA1 1XA£270,000£262,500-£7,50018 Mar 202409 Aug 2024144 Days
Flat 1, Minster Court, Windsor Close, Taunton, Somerset, TA1 4LW£155,000£147,000-£8,00017 Feb 202409 Aug 2024174 Days
7 Holway Road, Taunton, Somerset, TA1 2EZ£350,000£342,000-£8,00007 Mar 202409 Aug 2024155 Days
20 Drake Close, Taunton, Somerset, TA2 6TU£215,000£215,000£0007 Jun 202408 Aug 202462 Days
38 Mountfields Road, Taunton, Somerset, TA1 3BJ£340,000£340,000£0014 Jun 202307 Aug 2024420 Days
19 Manor Close, Taunton, Somerset, TA1 4RS£450,000£375,000-£75,00014 Nov 202306 Aug 2024266 Days
121 Farm View, Taunton, Somerset, TA2 7RD£220,000£219,550-£45014 Feb 202406 Aug 2024174 Days
26 South Road, Taunton, Somerset, TA1 3DY£750,000£700,000-£50,00022 Sep 202329 Jul 2024311 Days
12 Eastgate Gardens, Taunton, Somerset, TA1 1RD£135,000£135,000£0030 Apr 202426 Jul 202487 Days
30 Queen Street, Taunton, Somerset, TA1 3AX£210,000£210,000£0031 May 202425 Jul 202455 Days
199a, Greenway Road, Taunton, Somerset, TA2 6LQ£157,000£157,000£0022 Mar 202424 Jul 2024124 Days
6 Belmont Drive, Taunton, Somerset, TA1 4QB£630,000£575,000-£55,00013 May 202422 Jul 202470 Days
31 Bradford Close, Taunton, Somerset, TA1 4YH£299,000£146,267-£152,73318 Sep 202116 Jul 20241032 Days
201 Greenway Road, Taunton, Somerset, TA2 6LQ£425,000£415,000-£10,00026 Jan 202415 Jul 2024171 Days
3 Wheatleigh Close, Taunton, Somerset, TA1 4QE£350,000£335,000-£15,00025 Apr 202410 Jul 202476 Days
16 Killams Green, Taunton, Somerset, TA1 3YQ£490,000£480,000-£10,00003 Jan 202408 Jul 2024187 Days
8 Avon Close, Taunton, Somerset, TA1 4SU£315,000£315,000£0006 Apr 202405 Jul 202490 Days
16 Woodrush Close, Taunton, Somerset, TA1 3XB£220,000£207,000-£13,00021 Feb 202405 Jul 2024135 Days

Most Expensive Streets in Taunton

PostcodeStreetAreaAverageNo. of Sales
TA1 5JBComeytrowe LaneTaunton£1,155,6005
TA2 7NZBeech CloseTaunton£845,0003
TA1 1EGElm GroveTaunton£800,0003
TA3 7JSWild Oak LaneTrull£771,6663
TA1 1EAThe AvenueTaunton£762,5006
TA1 4XDQueens DriveTaunton£742,5836
TA1 3JUFons George RoadTaunton£739,9005
TA1 1EEBirch GroveTaunton£648,8333
TA1 3EASouth RoadTaunton£642,5005
TA1 3DYSouth RoadTaunton£623,3333

Least Expensive Streets in Taunton

PostcodeStreetAreaAverageNo. of Sales
TA1 2NDAllington CloseTaunton£81,7005
TA1 4DPLadysmith HouseCrescent Way£83,5005
TA1 4BHBeech CourtTower Street, Taunton£88,14413
TA1 3HZVictoria GateTaunton£90,8333
TA1 3DLSilver StreetTaunton£92,5009
TA1 4AGThe PointCompass Hill£99,0003
TA2 7HJEastwick RoadTaunton£100,0003
TA1 2NFAllington CloseTaunton£104,8754
TA1 2LNLower Holway CloseTaunton£107,2504
TA1 1XNNorthfield GardensTaunton£108,55411

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