Housing Market Analysis for MILL LANE, TA18 7RZ

Are you looking to understand TA18 7RZ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this South Somerset postcode.

For the location information and nearby amenities in the TA18 7RZ area, explore the TA18 7RZ Area information page.
For comprehensive crime statistics in the TA18 7RZ area, explore the TA18 7RZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the TA18 7RZ postcode area, The average prices are as follows,

  • Detached
    • The average price is around £330,833 median price is £330,000 Standard Deviation is £89,741 with Total Sold: 6
    • The Last 5 Year average price is £388,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 4 MILL CLOSE: £380,000 (Sold on 23 Aug 2023)
    • The first recorded sale happened at this postcode is MILL COTTAGE MILL LANE: £160,000 (Sold on 07 Feb 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average TA18 7RZ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£380,000 £3,711 1
2020£392,500 £3,077 2
2016£330,000 £3,223 1
2011£330,000 £3,223 1
2000£160,000 £1,032 1

All the Sales in the MILL LANE, TA18 7RZ

See the table below for more details on the sold house prices in the TA18 7RZ, South Somerset postcode.

AddressSold DatePrice% Change
4 MILL CLOSEDetached, FreeholdArea: 102.4 Sq.mtr23 Aug 2023£380,00015.15%
08 Nov 2011£330,000First Sale
MILL COTTAGE MILL LANEDetached, FreeholdArea: 155 Sq.mtrAge: before 190006 Mar 2020£460,000187.50%
07 Feb 2000£160,000First Sale
1 MILL CLOSEDetached, FreeholdArea: 102 Sq.mtr04 Mar 2020£325,000First Sale
3 MILL CLOSEDetached, FreeholdArea: 102.4 Sq.mtr04 Nov 2016£330,000First Sale

Check out the sold house prices near the TA18 7RZ postcode. Properties currently for saleProperties currently for rent

MILL LANE, TA18 7RZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the TA18 7RZ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the TA18 7RZ postcode.

  • Semi-Detached
    • The average price is around £160,132 median price is £165,000 Standard Deviation is £85,000 with Total Sold: 75
    • The Last 5 Year average price is £254,079 with Total Sold: 14
    • The most recent sale happened at this postcode is 2, BELLE VUE SILVER STREET: £282,000 (Sold on 17 Sep 2024)
    • The first recorded sale happened at this postcode is , THE OLD COTTAGE UNITY LANE: £18,000 (Sold on 03 Feb 1995)
  • Detached
    • The average price is around £258,547 median price is £245,000 Standard Deviation is £156,373 with Total Sold: 152
    • The Last 5 Year average price is £449,020 with Total Sold: 22
    • The most recent sale happened at this postcode is , 13 PACKERS WAY: £370,000 (Sold on 04 Mar 2024)
    • The first recorded sale happened at this postcode is , 14 PACKERS WAY: £66,000 (Sold on 02 Mar 1995)
  • Terraced
    • The average price is around £129,423 median price is £136,500 Standard Deviation is £56,975 with Total Sold: 101
    • The Last 5 Year average price is £191,545 with Total Sold: 11
    • The most recent sale happened at this postcode is 1, NEW BUILDINGS SILVER STREET: £253,000 (Sold on 31 Jan 2024)
    • The first recorded sale happened at this postcode is 3, SOUTH VIEW MIDDLE STREET: £31,600 (Sold on 31 Aug 1995)
  • Other
    • The average price is around £541,667 median price is £250,000 Standard Deviation is £503,460 with Total Sold: 3
    • The Last 5 Year average price is £125,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , WOMEN'S INSTITUTE HALL MIDDLE STREET: £125,000 (Sold on 17 Nov 2022)
    • The first recorded sale happened at this postcode is , THE GLOBE INN MIDDLE STREET: £250,000 (Sold on 26 May 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£282,0001
2023£242,500 £3,062 3
2022£288,833 £3,323 3
2021£301,667 £3,662 3
2020£140,100 £1,868 1
2019£212,000 £2,463 3
2018£215,000 £2,607 2
2017£213,750 £2,660 2
2016£206,250 £2,254 2
2015£200,000 £3,309 1
2014£239,950 £2,726 1
2013£176,750 £1,921 2
2012£158,250 £2,349 2
2011£181,857 £2,111 7
2009£191,875 £2,074 2
2008£249,9951
2007£200,500 £2,270 2
2006£289,725 £2,069 2
2005£159,000 £1,899 4
2004£184,9752
2003£155,000 £1,500 2
2002£99,490 £1,212 5
2001£77,317 £1,164 3
2000£68,125 £567 2
1999£72,500 £1,049 7
1998£43,667 £892 3
1997£57,750 £684 2
1996£65,565 £631 2
1995£39,650 £571 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£370,000 £3,033 1
2023£603,750 £3,691 4
2022£551,667 £3,589 3
2021£421,833 £3,547 6
2020£394,983 £3,060 3
2019£344,500 £3,135 5
2018£452,400 £3,070 5
2017£261,000 £3,483 2
2016£380,500 £2,689 6
2015£276,250 £2,465 4
2014£337,700 £1,854 5
2013£304,317 £2,237 9
2012£235,333 £2,311 3
2011£239,667 £2,303 6
2010£277,500 £2,766 3
2009£320,000 £2,446 4
2008£351,500 £2,850 2
2007£254,1673
2006£339,400 £1,876 5
2005£256,250 £2,511 6
2004£208,738 £1,993 4
2003£260,279 £1,881 7
2002£193,800 £1,371 10
2001£229,375 £1,226 4
2000£142,250 £1,135 5
1999£110,667 £942 6
1998£121,790 £962 5
1997£105,000 £719 5
1996£92,667 £545 6
1995£85,820 £843 15
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£253,0001
2023£250,000 £3,571 1
2022£184,000 £2,924 4
2021£166,500 £2,220 1
2020£175,375 £2,136 4
2018£191,857 £2,493 7
2017£164,988 £2,503 4
2016£145,029 £1,860 7
2015£128,000 £2,231 3
2014£150,738 £2,237 4
2013£114,833 £1,556 3
2011£140,167 £1,965 6
2010£123,000 £1,973 1
2009£89,833 £1,671 3
2008£178,429 £2,236 7
2007£184,417 £2,590 6
2006£142,812 £1,952 4
2005£143,3752
2004£85,000 £1,441 1
2003£104,500 £1,893 4
2002£101,238 £1,369 4
2001£69,312 £920 4
2000£50,000 £1,196 2
1999£58,000 £897 3
1998£50,150 £633 2
1997£53,550 £705 6
1996£43,650 £681 5
1995£34,550 £537 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£125,0001
2017£1,250,000 £2,736 1
2016£250,0001

House Type in TA18 7RZ area

The most common house types in the TA18 7RZ postcode area are Detached (95), Terraced (59), and Semi-detached (55).

Total223
Detached95
Terraced59
Semi-detached55
Flat14
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (93), and Owned: Owns with a mortgage or loan (75).

Owned: Owns outright93
Owned: Owns with a mortgage or loan75
Private rented: Private landlord or letting agency52
Private rented: Other private rented5
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the TA18 7RZ have 2 people in household (103), and 1 person in household (52).

2 people in household103
1 person in household52
3 people in household32
4 people in household30
5 people in household3
7 people in household2
0 people in household0
6 people in household0
8 or more people in household0