Bridgwater House Prices Bridgwater House Prices

The average house price in Bridgwater is £196,980 using HM Land Registry data.

The average property price increased by £50,429 (27.17%) over the last 5 years and increased by £10,079 (4.46%) over the last 12 months.

Over the last year, there were 439 residential property sales – a decrease of 334 transactions (-76.08%) relative to the previous year. The majority of house sales (101) were in the £210,000 - £250,000 range. Then came properties in the £170,000 - £210,000 range, where 95 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 £-8,286 (-2%).

In April 2024, there were new estate agency instructions, agreed home sales and property price reductions.

5-Year Average Property Prices in Bridgwater

27.17%

Property prices in Bridgwater increased by 27.17% 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 Bridgwater Over the Last Year

4.46%

Property prices in Bridgwater increased by 4.46% 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 Bridgwater - April 2024

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 Bridgwater

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 Bridgwater

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 Bridgwater

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 Bridgwater since 1995

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

Recent Property Sales in Bridgwater

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
45 Marsa Way, Bridgwater, Somerset, TA6 5JN£135,000£132,500-£2,50028 Nov 202308 Mar 2024101 Days
25 Priory Court, Bridgwater, Somerset, TA6 3NR£300,000£280,000-£20,00013 Oct 202304 Mar 2024143 Days
39 Pyrland Walk, Bridgwater, Somerset, TA6 7PF£299,950£283,000-£16,95021 Sep 202301 Mar 2024162 Days
64 Tulip Tree Road, Bridgwater, Somerset, TA6 4XD£140,000£135,000-£5,00031 Aug 202329 Feb 2024182 Days
4 Rambler Way, Bridgwater, Somerset, TA6 3UU£245,000£240,000-£5,00016 Nov 202319 Feb 202495 Days
3 Butleigh Close, Bridgwater, Somerset, TA6 4JQ£195,000£185,000-£10,00021 Aug 202316 Feb 2024179 Days
21 Somerton Close, Bridgwater, Somerset, TA6 4JX£225,000£225,000£0016 Oct 202315 Feb 2024122 Days
31 Chepstow Avenue, Bridgwater, Somerset, TA6 6BS£245,000£225,000-£20,00022 May 202315 Feb 2024269 Days
43 Marsa Way, Bridgwater, Somerset, TA6 5JN£135,000£132,500-£2,50023 Jun 202309 Feb 2024231 Days
5 Regent Way, Bridgwater, Somerset, TA6 6UB£280,000£268,500-£11,50019 Jul 202302 Feb 2024198 Days
38 Clarks Road, Bridgwater, Somerset, TA6 5QA£255,000£249,000-£6,00005 Sep 202322 Jan 2024139 Days
54 Osborne Road, Bridgwater, Somerset, TA6 3QS£182,500£182,500£0006 Sep 202315 Jan 2024131 Days
Flat 10, Homecastle House, Chandos Street, Bridgwater, Somerset, TA6 3DL£65,000£60,000-£5,00020 Apr 202311 Jan 2024266 Days
134 Riverside Close, Bridgwater, Somerset, TA6 3PP£165,000£162,000-£3,00011 Aug 202320 Dec 2023131 Days
9 Dukes Mead, Bridgwater, Somerset, TA6 6DH£175,000£165,000-£10,00009 Aug 202320 Dec 2023133 Days
11 Risemoor Road, Bridgwater, Somerset, TA6 6LB£185,000£177,000-£8,00028 Jun 202318 Dec 2023173 Days
28 Sunnybank Road, Bridgwater, Somerset, TA6 6JJ£237,500£230,000-£7,50021 Mar 202318 Dec 2023272 Days
43 Pollard Road, Bridgwater, Somerset, TA6 4YA£175,000£170,000-£5,00029 Aug 202318 Dec 2023111 Days
33 Warwick Avenue, Bridgwater, Somerset, TA6 5PE£150,000£145,000-£5,00011 Jul 202313 Dec 2023155 Days
134 Old Basin, Bridgwater, Somerset, TA6 6LJ£264,950£240,000-£24,95007 Aug 202312 Dec 2023127 Days

Most Expensive Streets in Bridgwater

PostcodeStreetAreaAverageNo. of Sales
TA6 7HZHaygrove RoadBridgwater£416,6663
TA6 5HLPlum LaneDunwear£386,3754
TA6 7EZNorthfieldBridgwater£378,2916
TA6 7APNicholls CloseBridgwater£374,6503
TA7 8QWCouncil HousesBridgwater£371,7504
TA6 7JYQuantock MeadowBridgwater£370,2504
TA6 7JEDurleigh RoadBridgwater£366,3005
TA6 7ANFurze CloseBridgwater£362,0004
TA5 2RWMilla CourtBridgwater£361,6663
TA5 2GEJasmine CloseNorth Petherton£354,4166

Least Expensive Streets in Bridgwater

PostcodeStreetAreaAverageNo. of Sales
TA6 3DLHomecastle HouseChandos Street, Bridgwater£59,0836
TA6 5ALSt John StreetBridgwater£83,2905
TA6 7ENAspen CourtWembdon Road£88,1663
TA6 3LGFriary WallHorsepond Lane£98,5005
TA6 3EGSilver StreetBridgwater£102,6005
TA6 3FAKings CourtGeorge Street, Bridgwater£103,0006
TA6 5RBGrebe CloseBridgwater£104,5003
TA6 3DAQueen StreetBridgwater£108,3128
TA6 3TBAnson WayBridgwater£109,25014
TA6 5RDGrebe CourtBridgwater£110,6663

Explore Bridgwater and Neighbouring Area House Prices