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North Petherton House Prices North Petherton House Prices

The average house price in North Petherton is £265,000 using HM Land Registry data.

The average property price increased by £111,337 (52.95%) over the last 5 years and increased by £22,252 (7.43%) over the last 12 months.

Over the last year, there were 32 residential property sales – a decrease of 28 transactions (-87.50%) relative to the previous year. The majority of house sales (9) were in the £230,000 - £280,000 range. Then came properties in the £380,000 - £430,000 range, where 7 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 £-6,415 (-2%).

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

Postcodes Covered: TA6

5-Year Average Property Prices in North Petherton

52.95%

Property prices in North Petherton increased by 52.95% 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 North Petherton Over the Last Year

7.43%

Property prices in North Petherton increased by 7.43% 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 North Petherton - 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 North Petherton

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 North Petherton

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 North Petherton

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 North Petherton since 1995

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

Recent Property Sales in North Petherton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 Hyde Park, North Petherton, Bridgwater, Somerset, TA6 6NS£270,000£265,000-£5,00013 May 202301 Dec 2023202 Days
6 Millbay, North Petherton, Bridgwater, Somerset, TA6 6SZ£200,000£200,000£0023 Mar 202327 Oct 2023218 Days
4 Old Road, North Petherton, Bridgwater, Somerset, TA6 6TF£429,000£400,000-£29,00022 Jun 202305 Oct 2023105 Days
4 Mccreath Close, North Petherton, Bridgwater, Somerset, TA6 6RP£235,000£235,000£0008 Jun 202329 Sep 2023113 Days
9 Whiting Lane, North Petherton, Bridgwater, Somerset, TA6 6PU£220,000£220,000£0001 Apr 202325 Sep 2023177 Days
10 Holly Close, North Petherton, Bridgwater, Somerset, TA6 6TY£350,000£342,000-£8,00018 Apr 202318 Sep 2023153 Days
Norene, High Street, North Petherton, Bridgwater, Somerset, TA6 6NH£275,000£270,000-£5,00026 May 202304 Aug 202370 Days
136 Taunton Road, North Petherton, Bridgwater, Somerset, TA6 6NN£285,000£275,000-£10,00004 Jan 202306 Jul 2023183 Days
5 Bridgwater Road, North Petherton, Bridgwater, Somerset, TA6 6RD£335,000£330,000-£5,00017 Feb 202330 Jun 2023133 Days
29 Parkfield Close, North Petherton, Bridgwater, Somerset, TA6 6QY£375,000£365,000-£10,00001 Nov 202220 Jun 2023231 Days
3 Milestone Close, North Petherton, Bridgwater, Somerset, TA6 6TH£415,000£398,500-£16,50005 Mar 202314 Jun 2023101 Days
Mover-lea House, Newton Road, North Petherton, Bridgwater, Somerset, TA6 6NA£475,000£462,000-£13,00006 Jan 202314 Jun 2023159 Days
17 Parkfield Close, North Petherton, Bridgwater, Somerset, TA6 6QY£325,000£320,000-£5,00005 Dec 202202 Jun 2023179 Days
10 Clarence Drive, North Petherton, Bridgwater, Somerset, TA6 6TR£275,000£275,000£0021 Feb 202325 May 202393 Days
1 Mccreath Close, North Petherton, Bridgwater, Somerset, TA6 6RP£275,000£272,500-£2,50024 Dec 202206 Apr 2023103 Days
12 Ellen Close, North Petherton, Bridgwater, Somerset, TA6 6QG£325,000£320,000-£5,00023 Dec 202205 Apr 2023103 Days
16 Quantock Close, North Petherton, Bridgwater, Somerset, TA6 6TA£332,500£328,000-£4,50007 Dec 202227 Mar 2023110 Days
5 Hyde Park Avenue, North Petherton, Bridgwater, Somerset, TA6 6SL£415,000£400,000-£15,00009 Dec 202217 Mar 202398 Days
Sunningdale, School Lane, North Petherton, Bridgwater, Somerset, TA6 6QQ£390,000£390,000£0015 Jun 202213 Mar 2023271 Days
56 Fore Street, North Petherton, Bridgwater, Somerset, TA6 6QA£135,000£130,000-£5,00009 Nov 202208 Feb 202391 Days

Most Expensive Streets in North Petherton

PostcodeStreetAreaAverageNo. of Sales
TA6 6NYCliff RoadNorth Petherton£421,3333
TA6 6LZDyers GreenNorth Petherton£416,7504
TA6 6SNNewton RoadNorth Petherton£366,6663
TA6 6RDBridgwater RoadNorth Petherton£366,4005
TA6 6THMilestone CloseNorth Petherton£362,4905
TA6 6NANewton RoadNorth Petherton£353,9005
TA6 6TFOld RoadNorth Petherton£353,3333
TA6 6TYHolly CloseNorth Petherton£313,9833
TA6 6RQQueen StreetNorth Petherton£311,4005
TA6 6ZSGlebe CourtNorth Petherton£308,7504

Least Expensive Streets in North Petherton

PostcodeStreetAreaAverageNo. of Sales
TA6 6TNQuantock HouseQuantock Parade£114,9005
TA6 6SZMillbayNorth Petherton£170,5003
TA6 6STPortman RoadNorth Petherton£177,6663
TA6 6SYWatery LaneNorth Petherton£181,0005
TA6 6SHTappers LaneNorth Petherton£181,1005
TA6 6PUWhiting LaneNorth Petherton£182,4874
TA6 6RSPortman TerraceNorth Petherton£186,6663
TA6 6QXMeade CloseNorth Petherton£196,8333
TA6 6RJRogers CloseNorth Petherton£201,0003
TA6 6NUCliff RoadNorth Petherton£216,6005

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