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Taunton House Prices Taunton House Prices

The average house price in Taunton is £268,600 using HM Land Registry data.

The average property price increased by £69,615 (31.08%) over the last 5 years and increased by £13,914 (4.97%) over the last 12 months.

Over the last year, there were 694 residential property sales – a decrease of 355 transactions (-51.15%) relative to the previous year. The majority of house sales (159) were in the £196,000 - £252,000 range. Then came properties in the £252,000 - £308,000 range, where 136 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 £-9,183 (-2%).

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

Postcodes Covered: TA1, TA2, TA3, TA4

5-Year Average Property Prices in Taunton

31.08%

Property prices in Taunton increased by 31.08% 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 Taunton Over the Last Year

4.97%

Property prices in Taunton increased by 4.97% 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 Taunton - 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 Taunton

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 Taunton

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 Taunton

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 Taunton since 1995

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

Recent Property Sales in Taunton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
10 Lansdowne Road, Taunton, Somerset, TA2 7QB£239,950£227,500-£12,45003 Nov 202315 Mar 2024133 Days
23 Queens Drive, Taunton, Somerset, TA1 4XW£600,000£575,000-£25,00015 Sep 202308 Mar 2024175 Days
3 Gordon Road, Taunton, Somerset, TA1 3AU£220,000£215,000-£5,00026 Sep 202329 Feb 2024156 Days
12 Bridgwater Road, Taunton, Somerset, TA1 2DS£350,000£345,000-£5,00011 Sep 202329 Feb 2024171 Days
84 Bilberry Grove, Taunton, Somerset, TA1 3XN£240,000£206,000-£34,00030 Jun 202328 Feb 2024243 Days
1 Amor Place, Taunton, Somerset, TA1 4SG£325,000£325,000£0026 Dec 202321 Feb 202457 Days
18 Parsonage Court, Bishops Hull, Taunton, Somerset, TA1 5HR£120,000£105,000-£15,00006 Jun 202308 Feb 2024247 Days
58 Tyne Park, Taunton, Somerset, TA1 2RP£185,000£175,000-£10,00021 Sep 202302 Feb 2024134 Days
58 Clover Mead, Taunton, Somerset, TA1 3XD£220,000£208,000-£12,00027 Sep 202331 Jan 2024126 Days
9 Cambridge Terrace, Taunton, Somerset, TA2 7LQ£230,000£207,500-£22,50021 Oct 202331 Jan 2024102 Days
2 Eastgate Gardens, Taunton, Somerset, TA1 1RD£115,000£115,000£0013 Jan 202330 Jan 2024382 Days
1 Langham Drive, Taunton, Somerset, TA1 4LJ£349,950£349,950£0013 Oct 202326 Jan 2024105 Days
18 Greenway Road, Taunton, Somerset, TA2 6LB£220,000£213,500-£6,50022 Jun 202322 Jan 2024214 Days
56 Tyne Park, Taunton, Somerset, TA1 2RP£170,000£165,000-£5,00019 Oct 202319 Jan 202492 Days
12 Eastwick Avenue, Taunton, Somerset, TA2 7AJ£325,000£308,000-£17,00002 Apr 202319 Jan 2024292 Days
53 Claremont Drive, Taunton, Somerset, TA1 4JQ£290,000£290,000£0014 Sep 202315 Jan 2024123 Days
67 Greenway Road, Taunton, Somerset, TA2 6LD£318,500£315,000-£3,50015 May 202315 Jan 2024245 Days
5 Suffolk Crescent, Taunton, Somerset, TA1 4JL£330,000£320,000-£10,00022 Jul 202305 Jan 2024167 Days
12 Mountfields Road, Taunton, Somerset, TA1 3BQ£375,000£375,000£0008 Sep 202321 Dec 2023104 Days
83 Trinity Road, Taunton, Somerset, TA1 3JJ£275,000£275,000£0011 Sep 202320 Dec 2023100 Days

Most Expensive Streets in Taunton

PostcodeStreetAreaAverageNo. of Sales
TA1 5JBComeytrowe LaneTaunton£1,107,0004
TA2 7NZBeech CloseTaunton£845,0003
TA1 1EGElm GroveTaunton£800,0003
TA1 1EAThe AvenueTaunton£796,0005
TA1 3JUFons George RoadTaunton£757,7005
TA1 4XDQueens DriveTaunton£719,3577
TA1 3JTBelle Vue TerraceTaunton£631,6663
TA1 3EASouth RoadTaunton£610,6254
TA1 4REBatts ParkTaunton£605,6254
TA1 3RGHighgroveTaunton£593,3333

Least Expensive Streets in Taunton

PostcodeStreetAreaAverageNo. of Sales
TA1 4DPLadysmith HouseCrescent Way£84,0007
TA2 7BNCheddon RoadTaunton£86,1254
TA1 4BHBeech CourtTower Street, Taunton£88,36412
TA1 3HZVictoria GateTaunton£90,8333
TA1 3DLSilver StreetTaunton£92,5009
TA1 4AGThe PointCompass Hill£99,0003
TA1 2NDAllington CloseTaunton£99,3577
TA2 7HJEastwick RoadTaunton£100,0003
TA1 1TLAvongrove CourtThe Avenue£104,70520
TA1 2NFAllington CloseTaunton£104,8754

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