FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Mere

Mere House Prices Mere House Prices

The average house price in Mere is £363,333 using HM Land Registry data.

The average property price increased by £112,848 (42.17%) over the last 5 years and increased by £22,554 (6.3%) over the last 12 months.

Over the last year, there were 29 residential property sales – a decrease of 41 transactions (-141.38%) relative to the previous year. The majority of house sales (9) were in the £246,000 - £332,000 range. Then came properties in the £160,000 - £246,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 50 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,042 (-3%).

In April 2024, there were 6 new estate agency instructions, 4 agreed home sales and 3 property price reductions.

Postcodes Covered: BA12

5-Year Average Property Prices in Mere

42.17%

Property prices in Mere increased by 42.17% 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 Mere Over the Last Year

6.3%

Property prices in Mere increased by 6.3% 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 Mere - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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 Mere

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 Mere

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 Mere

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 Mere since 1995

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

Recent Property Sales in Mere

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Sandells, Water Street, Mere, Warminster, Wiltshire, BA12 6DY£725,000£705,000-£20,00001 Aug 202314 Feb 2024197 Days
Quoins Cottage, Shaftesbury Road, Mere, Warminster, Wiltshire, BA12 6BW£750,000£720,000-£30,00021 Jun 202301 Dec 2023163 Days
3 Castle Hill Crescent, Mere, Warminster, Wiltshire, BA12 6JD£275,000£270,000-£5,00025 Apr 202316 Nov 2023205 Days
Magpie Cottage, Castle Hill Lane, Mere, Warminster, Wiltshire, BA12 6JB£220,000£185,000-£35,00020 May 202301 Nov 2023165 Days
Ashleigh, Castle Street, Mere, Warminster, Wiltshire, BA12 6JF£265,000£251,500-£13,50001 Sep 202330 Oct 202359 Days
Deans Orchard, Church Street, Mere, Warminster, Wiltshire, BA12 6DS£925,000£909,000-£16,00026 Apr 202327 Oct 2023184 Days
38 Bramley Hill, Mere, Warminster, Wiltshire, BA12 6JX£155,000£152,500-£2,50023 Jun 202326 Oct 2023125 Days
Knoll View, The Fields, Mere, Warminster, Wiltshire, BA12 6EA£190,000£185,000-£5,00029 Apr 202314 Sep 2023138 Days
17 Whitemarsh, Mere, Warminster, Wiltshire, BA12 6BP£380,000£375,000-£5,00020 Mar 202322 Aug 2023155 Days
5 Ash Grove, Mere, Warminster, Wiltshire, BA12 6BX£350,000£320,000-£30,00011 Apr 202307 Jul 202387 Days
17 Homefield, Mere, Warminster, Wiltshire, BA12 6LT£415,000£400,000-£15,00013 Jan 202316 Jun 2023154 Days
43 Downside Close, Mere, Warminster, Wiltshire, BA12 6AS£360,000£360,000£0013 Jan 202312 Jun 2023150 Days
13 Lordsmead Road, Mere, Warminster, Wiltshire, BA12 6BZ£375,000£375,000£0009 Jan 202312 Jun 2023154 Days
1 Water Street, Mere, Warminster, Wiltshire, BA12 6DZ£350,000£350,000£0028 Feb 202331 May 202392 Days
5 Lordsmead Road, Mere, Warminster, Wiltshire, BA12 6BZ£349,950£330,000-£19,95030 Nov 202224 Mar 2023114 Days
Dewes Lodge, Salisbury Street, Mere, Warminster, Wiltshire, BA12 6HA£600,000£590,000-£10,00003 Aug 202202 Mar 2023211 Days
62 White Road, Mere, Warminster, Wiltshire, BA12 6EX£285,000£277,500-£7,50022 Aug 202212 Jan 2023143 Days
Ashleigh, Southbrook, Mere, Warminster, Wiltshire, BA12 6BG£365,000£355,000-£10,00002 Sep 202201 Dec 202290 Days
15 Lordsmead Road, Mere, Warminster, Wiltshire, BA12 6BZ£325,000£320,000-£5,00013 May 202221 Nov 2022192 Days
Castle Hill Cottage, Castle Hill Lane, Mere, Warminster, Wiltshire, BA12 6JB£340,000£340,000£0003 Mar 202211 Oct 2022222 Days

Most Expensive Streets in Mere

PostcodeStreetAreaAverageNo. of Sales
BA12 6BNNew CottagesShaftesbury Road£595,0003
BA12 6DSChurch StreetMere£567,3336
BA12 6BGSouthbrookMere£548,7504
BA12 6DGPettridge LaneMere£510,8758
BA12 6BWShaftesbury RoadMere£508,6254
BA12 6DYWater StreetMere£504,3333
BA12 6RULovage WayMere£419,0005
BA12 6FJOak LaneMere£378,0836
BA12 6HESalisbury StreetMere£366,6254
BA12 6FGWalnut RoadMere£356,6254

Least Expensive Streets in Mere

PostcodeStreetAreaAverageNo. of Sales
BA12 6DLWelcome HouseThe Square£125,8163
BA12 6JXBramley HillMere£164,1254
BA12 6LRLong HillMere£197,7504
BA12 6HJGrange CottagesMere£219,8333
BA12 6JDCastle Hill CrescentMere£225,0003
BA12 6EDSteep StreetMere£228,5005
BA12 6FFBroom RoadMere£234,1666
BA12 6HPNorth RoadMere£248,6663
BA12 6JFCastle StreetMere£249,8339
BA12 6JECastle StreetMere£251,2779

Explore Mere and Neighbouring Area House Prices

Sell Your
House Fast
Property Auctions Wiltshire
Property Auctions Wiltshire
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark