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Chard House Prices Chard House Prices

The average house price in Chard is £278,039 using HM Land Registry data.

The average property price increased by £81,970 (41.33%) over the last 5 years and increased by £16,383 (6.21%) over the last 12 months.

Over the last year, there were 182 residential property sales – a decrease of 135 transactions (-74.18%) relative to the previous year. The majority of house sales (44) were in the £242,000 - £298,000 range. Then came properties in the £186,000 - £242,000 range, where 37 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 £-9,670 (-3%).

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

Postcodes Covered: TA20

5-Year Average Property Prices in Chard

41.33%

Property prices in Chard increased by 41.33% 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 Chard Over the Last Year

6.21%

Property prices in Chard increased by 6.21% 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 Chard - 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 Chard

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 Chard

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 Chard

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 Chard since 1995

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

Recent Property Sales in Chard

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
37 The Maltings, Chard, Somerset, TA20 1PL£98,000£95,000-£3,00023 May 202311 Mar 2024293 Days
Flat 2, Furnham House, Furnham Road, Chard, Somerset, TA20 1AE£157,000£150,000-£7,00021 Feb 202308 Mar 2024381 Days
Merryville, Lordsleaze Lane, Chard, Somerset, TA20 2HN£535,000£528,333-£6,66718 Dec 202307 Mar 202480 Days
3 Farrow Close, Chard, Somerset, TA20 2JX£235,000£235,000£0007 Nov 202305 Mar 2024119 Days
4 Cook Avenue, Chard, Somerset, TA20 2JR£349,999£330,000-£19,99923 Nov 202316 Feb 202485 Days
49 High Street, Chard, Somerset, TA20 1QL£255,000£240,000-£15,00012 Oct 202314 Feb 2024125 Days
5 Beasley Court, Crimchard, Chard, Somerset, TA20 1DX£299,950£297,500-£2,45014 Jun 202317 Jan 2024217 Days
82 Bubwith Close, Chard, Somerset, TA20 2DF£180,000£176,000-£4,00014 Jul 202310 Jan 2024180 Days
Fairlawn, Touchstone Close, Chard, Somerset, TA20 1QZ£455,000£451,900-£3,10010 Oct 202303 Jan 202485 Days
21 Helmstedt Way, Chard, Somerset, TA20 1DQ£225,000£225,000£0029 Aug 202315 Dec 2023108 Days
30 John Gunn Close, Chard, Somerset, TA20 1DG£250,000£247,000-£3,00001 Jul 202315 Dec 2023167 Days
15 Robins Court, Chard, Somerset, TA20 1LY£270,000£260,000-£10,00021 Jun 202313 Dec 2023175 Days
28 Windsor Crescent, Chard, Somerset, TA20 2HG£375,000£370,000-£5,00016 Aug 202312 Dec 2023118 Days
44 Wyatt Way, Chard, Somerset, TA20 1EG£155,000£149,000-£6,00011 Jul 202308 Dec 2023150 Days
146 Henson Park, Chard, Somerset, TA20 1NL£185,000£182,500-£2,50002 Aug 202308 Dec 2023128 Days
5 Larch Avenue, Chard, Somerset, TA20 1DD£340,000£335,000-£5,00005 Sep 202306 Dec 202392 Days
21 Robins Court, Chard, Somerset, TA20 1LY£290,000£288,750-£1,25004 Aug 202306 Dec 2023124 Days
The Comedy, Lyddons Mead, Chard, Somerset, TA20 1HD£350,000£347,500-£2,50026 Apr 202306 Dec 2023224 Days
2 Barberry Drive, Chard, Somerset, TA20 1HR£330,000£325,000-£5,00007 Aug 202304 Dec 2023119 Days
56 Brutton Way, Chard, Somerset, TA20 2HB£297,500£297,500£0027 Jun 202301 Dec 2023157 Days

Most Expensive Streets in Chard

PostcodeStreetAreaAverageNo. of Sales
TA20 2HTSopers FieldChard£425,0004
TA20 2FTHawthorn PlaceChard£421,9983
TA20 2HNLordsleaze LaneChard£409,4443
TA20 1NAOld OrchardsChard£406,4005
TA20 1HQMonmouth CourtChard£405,8577
TA20 1LNSnowdon Cottage LaneChard£405,0003
TA20 1PFDolly DroveChard£394,2747
TA20 2HSForton RoadChard£388,85010
TA20 1GYSpool MeadChard£384,9958
TA20 1RFTouchstone LaneChard£383,8507

Least Expensive Streets in Chard

PostcodeStreetAreaAverageNo. of Sales
TA20 1GAVictoria CourtVictoria Avenue£62,07114
TA20 1GBVictoria MewsVictoria Avenue£90,8333
TA20 2ALHolyrood StreetChard£104,6254
TA20 1PTFore StreetChard£105,5003
TA20 1PLThe MaltingsChard£108,49825
TA20 1FNDavid WayChard£119,6663
TA20 2AHHolyrood StreetChard£124,0003
TA20 1LWFawcus PlaceChard£124,3333
TA20 2EXManor CloseChard£125,5836
TA20 1NLHenson ParkChard£138,1663

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