Housing Market Analysis for MEARE ELM COTTAGES, TA3 5RQ

Are you looking to understand TA3 5RQ 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 Somerset West and Taunton postcode.

For the location information and nearby amenities in the TA3 5RQ area, explore the TA3 5RQ Area information page.
For comprehensive crime statistics in the TA3 5RQ area, explore the TA3 5RQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the TA3 5RQ postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £220,500 median price is £220,500 Standard Deviation is £5,500 with Total Sold: 2
    • The Last 5 Year average price is £220,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 MEARE ELM COTTAGES: £226,000 (Sold on 31 Mar 2023)
    • The first recorded sale happened at this postcode is 2 MEARE ELM COTTAGES: £215,000 (Sold on 19 Jul 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average TA3 5RQ 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£226,000 £2,260 1
2019£215,000 £2,150 1

All the Sales in the MEARE ELM COTTAGES, TA3 5RQ

See the table below for more details on the sold house prices in the TA3 5RQ, Somerset West and Taunton postcode.

AddressSold DatePrice% Change
2 MEARE ELM COTTAGESTerraced, FreeholdArea: 100 Sq.mtrAge: 1950-196631 Mar 2023£226,0005.12%
19 Jul 2019£215,000First Sale

Check out the sold house prices near the TA3 5RQ postcode. Properties currently for saleProperties currently for rent

MEARE ELM COTTAGES, TA3 5RQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the TA3 5RQ 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 TA3 5RQ postcode.

  • Detached
    • The average price is around £360,018 median price is £360,000 Standard Deviation is £166,013 with Total Sold: 18
    • The Last 5 Year average price is £473,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , HEDGELANDS MEARE GREEN: £560,000 (Sold on 26 Oct 2023)
    • The first recorded sale happened at this postcode is , WILLOW COTTAGE MEARE GREEN: £130,000 (Sold on 29 Aug 1997)
  • Terraced
    • The average price is around £307,000 median price is £226,000 Standard Deviation is £122,412 with Total Sold: 3
    • The Last 5 Year average price is £220,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 2 MEARE ELM COTTAGES: £226,000 (Sold on 31 Mar 2023)
    • The first recorded sale happened at this postcode is , MERE ELM BARN : £480,000 (Sold on 08 Nov 2013)
  • Semi-Detached
    • The average price is around £223,033 median price is £208,975 Standard Deviation is £106,452 with Total Sold: 6
    • The Last 5 Year average price is £417,500 with Total Sold: 1
    • The most recent sale happened at this postcode is , 1 BROAD CLOSE: £417,500 (Sold on 05 Jul 2019)
    • The first recorded sale happened at this postcode is , 1 BROAD CLOSE: £72,000 (Sold on 02 Mar 2001)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£560,000 £4,275 1
2022£510,000 £3,517 1
2019£350,000 £3,043 1
2018£576,000 £2,801 1
2017£400,000 £2,759 1
2016£300,000 £2,290 1
2015£365,000 £2,535 1
2010£550,000 £2,675 1
2008£645,0001
2007£355,000 £2,448 1
2005£495,000 £2,407 1
2004£230,000 £1,119 1
2002£291,000 £1,739 2
2000£233,725 £1,612 1
1998£99,300 £854 2
1997£130,000 £903 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£226,000 £2,260 1
2019£215,000 £2,150 1
2013£480,000 £2,275 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£417,500 £2,485 1
2017£230,000 £1,870 1
2007£270,000 £1,607 1
2006£160,750 £957 1
2001£129,975 £429 2

House Type in TA3 5RQ area

The most common house types in the TA3 5RQ postcode area are Detached (106), Semi-detached (14), and temporary structure (8).

Total137
Detached106
Semi-detached14
temporary structure8
Terraced6
Flat1
converted building1
commercial building1
Shared house0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (78), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright78
Owned: Owns with a mortgage or loan39
Private rented: Private landlord or letting agency12
Private rented: Other private rented8
Shared ownership: Shared ownership1
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the TA3 5RQ have 2 people in household (65), and 1 person in household (34).

2 people in household65
1 person in household34
3 people in household18
4 people in household17
5 people in household3
6 people in household2
8 or more people in household1
0 people in household0
7 people in household0