Burnham-on-Sea House Prices Burnham-on-Sea House Prices

The average house price in Burnham-on-Sea is £267,437 using HM Land Registry data.

The average property price increased by £54,025 (22.57%) over the last 5 years and increased by £10,825 (3.83%) over the last 12 months.

Over the last year, there were 254 residential property sales – an increase of 1 transactions (0.39%) relative to the previous year. The majority of house sales (65) were in the £234,000 - £286,000 range. Then came properties in the £182,000 - £234,000 range, where 49 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 £-9,397 (-2%).

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

5-Year Average Property Prices in Burnham-on-Sea

22.57%

Property prices in Burnham-on-Sea increased by 22.57% 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 Burnham-on-Sea Over the Last Year

3.83%

Property prices in Burnham-on-Sea increased by 3.83% 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 Burnham-on-Sea - Dec 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 Burnham-on-Sea

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 Burnham-on-Sea

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 Burnham-on-Sea

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 Burnham-on-Sea since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Burnham-on-Sea area since 1995.

Recent Property Sales in Burnham-on-Sea

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
37 Bathurst Close, Burnham-on-sea, Somerset, TA8 2SZ£385,000£375,000-£10,00002 Jul 202425 Nov 2024146 Days
66 North Avenue, Highbridge, Somerset, TA9 3ER£295,000£290,000-£5,00002 May 202418 Nov 2024200 Days
26 Jubilee Street, Burnham-on-sea, Somerset, TA8 1PT£210,000£195,000-£15,00023 Jul 202408 Nov 2024108 Days
35 Wilde Close, Burnham-on-sea, Somerset, TA8 1RL£350,000£345,000-£5,00020 Mar 202401 Nov 2024226 Days
41 Abingdon Street, Burnham-on-sea, Somerset, TA8 1PL£215,000£201,250-£13,75010 Apr 202431 Oct 2024204 Days
3 Rectory Lawn, Burnham-on-sea, Somerset, TA8 2DP£360,000£360,000£0029 Jul 202431 Oct 202494 Days
162 Berrow Road, Burnham-on-sea, Somerset, TA8 2PN£410,000£410,000£0011 Jun 202429 Oct 2024140 Days
9 Stone Road, Burnham-on-sea, Somerset, TA8 1JU£229,950£226,000-£3,95011 Jun 202418 Oct 2024129 Days
64 Rosewood Avenue, Burnham-on-sea, Somerset, TA8 1HF£292,500£287,500-£5,00029 Jul 202418 Oct 202481 Days
49 Ramsay Way, Burnham-on-sea, Somerset, TA8 2TS£220,000£215,000-£5,00016 May 202418 Oct 2024155 Days
7 Parsons Road, Highbridge, Somerset, TA9 3HA£150,000£140,999-£9,00114 Mar 202418 Oct 2024218 Days
22 Margaret Crescent, Burnham-on-sea, Somerset, TA8 1BX£345,000£340,000-£5,00005 Jul 202417 Oct 2024104 Days
59 Conway Crescent, Burnham-on-sea, Somerset, TA8 2UW£435,000£415,000-£20,00018 Jul 202417 Oct 202491 Days
1 Dyrham Close, Burnham-on-sea, Somerset, TA8 2TT£275,000£275,000£0025 Jun 202416 Oct 2024113 Days
38 Priory Gardens, Burnham-on-sea, Somerset, TA8 1QW£209,950£209,950£0030 May 202415 Oct 2024138 Days
6a, Cross Street, Burnham-on-sea, Somerset, TA8 1BN£142,500£138,000-£4,50025 Sep 201811 Oct 20242208 Days
158 Berrow Road, Burnham-on-sea, Somerset, TA8 2PN£270,000£262,500-£7,50030 Apr 202423 Aug 2024115 Days
3 Cloisters Croft, Burnham-on-sea, Somerset, TA8 1QN£230,000£227,500-£2,50012 Jan 202420 Aug 2024221 Days
4 Stoddens Walk, Burnham-on-sea, Somerset, TA8 2DX£279,950£275,000-£4,95009 May 202420 Aug 2024103 Days
5 Chapel Street, Burnham-on-sea, Somerset, TA8 1AU£165,000£165,000£0007 May 202415 Aug 2024100 Days

Most Expensive Streets in Burnham-on-Sea

PostcodeStreetAreaAverageNo. of Sales
TA8 2BZRectory RoadBurnham-on-sea£840,0005
TA8 2QGGardenhurstBurnham-on-sea£586,0003
TA8 2PAThe GroveBurnham-on-sea£547,5007
TA8 2NREdith CloseBurnham-on-sea£491,6663
TA8 2HGAllandale RoadBurnham-on-sea£480,3754
TA8 2DBStoddens RoadBurnham-on-sea£458,1128
TA8 2HEHerbert RoadBurnham-on-sea£457,6663
TA8 2BASt Marys RoadBurnham-on-sea£453,5005
TA8 2DAStoddens RoadBurnham-on-sea£447,0005
TA8 2HLGore RoadBurnham-on-sea£446,2504

Least Expensive Streets in Burnham-on-Sea

PostcodeStreetAreaAverageNo. of Sales
TA8 2BXHomelane HouseRectory Road£59,32718
TA8 2BTAllandale CourtRectory Road£117,15026
TA8 1ARCollege CourtCollege Street, Burnham-on-sea£122,5005
TA8 1ALVictoria StreetBurnham-on-sea£141,8754
TA8 2AQEsplanadeBurnham-on-sea£145,0003
TA8 1AUChapel StreetBurnham-on-sea£148,5004
TA8 1BNCross StreetBurnham-on-sea£150,1805
TA8 1BEEsplanadeBurnham-on-sea£155,4007
TA8 2ASManor RoadBurnham-on-sea£157,1663
TA8 2AHEsplanadeBurnham-on-sea£157,60314

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