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Martock House Prices Martock House Prices

The average house price in Martock is £0 using HM Land Registry data.

The average property price increased by £133,033 (65.95%) over the last 5 years and increased by £26,588 (8.63%) over the last 12 months.

Over the last year, there were 47 residential property sales – a decrease of 14 transactions (-29.79%) relative to the previous year. The majority of house sales (15) were in the £192,000 - £254,000 range. Then came properties in the £254,000 - £316,000 range, where 8 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 £-10,500 (-2%).

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

Postcodes Covered: TA12

5-Year Average Property Prices in Martock

65.95%

Property prices in Martock increased by 65.95% 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 Martock Over the Last Year

8.63%

Property prices in Martock increased by 8.63% 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 Martock - 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 Martock

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 Martock

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 Martock

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 Martock since 1995

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

Recent Property Sales in Martock

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
63 North Street, Martock, Somerset, TA12 6EH£175,000£175,000£0014 Dec 202315 Mar 202492 Days
2 Tithing Court, Martock, Somerset, TA12 6FX£300,000£300,000£0003 Oct 202301 Feb 2024121 Days
25 The Acres, Martock, Somerset, TA12 6DD£225,000£215,000-£10,00001 Aug 202330 Nov 2023121 Days
3 Mow Barton, Martock, Somerset, TA12 6DZ£80,000£80,000£0023 Aug 202321 Nov 202390 Days
1 Hills Orchard, Martock, Somerset, TA12 6DF£450,000£435,000-£15,00004 Jun 202309 Nov 2023158 Days
1 Whellers Meadow, Martock, Somerset, TA12 6HD£220,000£215,000-£5,00003 Aug 202306 Nov 202395 Days
10 Lavers Oak, Martock, Somerset, TA12 6HG£350,000£340,000-£10,00030 Jun 202320 Oct 2023112 Days
46 Moorlands Park, Martock, Somerset, TA12 6DW£250,000£250,000£0022 Mar 202305 Oct 2023197 Days
42 Birch Road, Martock, Somerset, TA12 6DR£290,000£283,000-£7,00005 Apr 202329 Sep 2023177 Days
Court House, Church Street, Martock, Somerset, TA12 6JL£1,000,000£971,850-£28,15004 May 202329 Sep 2023148 Days
24 Vincent Way, Martock, Somerset, TA12 6DG£350,000£350,000£0014 Sep 202314 Sep 20230 Days
6 Moorlands Park, Martock, Somerset, TA12 6DW£300,000£295,000-£5,00016 May 202314 Sep 2023121 Days
24 Coat Road, Martock, Somerset, TA12 6EX£250,000£242,000-£8,00019 Jun 202308 Sep 202381 Days
7 Highfield Terrace, Bower Hinton, Martock, Somerset, TA12 6LS£240,000£232,000-£8,00011 Jan 202323 Aug 2023224 Days
30 Bracey Road, Martock, Somerset, TA12 6HE£220,000£215,000-£5,00022 Feb 202310 Aug 2023169 Days
17 Churchward Mews, Martock, Somerset, TA12 6DQ£220,000£220,000£0025 Nov 202214 Jul 2023231 Days
7 Printers Court, Martock, Somerset, TA12 6EA£180,000£175,000-£5,00019 Dec 202230 Jun 2023193 Days
7 East Street, Martock, Somerset, TA12 6NF£375,000£347,500-£27,50011 Nov 202230 Jun 2023231 Days
36 Stapleton Close, Martock, Somerset, TA12 6HT£200,000£200,000£0015 Mar 202312 Jun 202389 Days
2 Bearley Bridge Road, Martock, Somerset, TA12 6HX£425,000£415,000-£10,00024 Oct 202208 Jun 2023227 Days

Most Expensive Streets in Martock

PostcodeStreetAreaAverageNo. of Sales
TA12 6JLChurch StreetMartock£803,3705
TA12 6JUHurstMartock£427,9729
TA12 6JNWater StreetMartock£424,6005
TA12 6DSChurch CloseMartock£409,3336
TA12 6NHFoldhill LaneMartock£408,8205
TA12 6JZBower HintonMartock£402,5004
TA12 6LDMatfurlong CloseMartock£389,0005
TA12 6NFEast StreetMartock£374,8005
TA12 6HUBridge RiseMartock£360,0004
TA12 6PGBearley RoadMartock£355,7504

Least Expensive Streets in Martock

PostcodeStreetAreaAverageNo. of Sales
TA12 6HQCedar CourtMartock£96,5857
TA12 6DZMow BartonMartock£115,96816
TA12 6EWSteppes MeadowMartock£126,8754
TA12 6JAStapleton CloseMartock£156,1254
TA12 6HTStapleton CloseMartock£168,0004
TA12 6NWEastfieldMartock£180,5003
TA12 6HEBracey RoadMartock£187,0008
TA12 6EGNorth StreetMartock£187,2005
TA12 6HLMarwin CloseMartock£190,8147
TA12 6ENSteppes MeadowMartock£191,2504

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