Feb 07, 2023 by HM

House prices in West Coker (BA22 9)

This article reveals price per square metre data and various charts to help you understand current housing market in West Coker (BA22 9).


Price per square metre

Knowing the average house price in West Coker is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 7, Drakes Meadow, West Coker, Ilchester, sold for £495,000 on Aug-2023. Given the internal area of 108 square metres, the price per sqm is £4,583.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £4,250-£4,500, £4,500-£4,750, £4,750-£5,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 126 sales in West Coker (BA22 9) that took place in the last two years.

Distribution of £ per sqm for West Coker (BA22 9)
Distribution of £ per sqm house prices in West Coker

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

That said, the spread of prices will give you a feel of the typical range to expect in West Coker (BA22 9). Of the 126 transactions, half were sold for between £2,580 and £3,800 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,800m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'BA22 9' is £3,060. The table below shows how 'BA22 9' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BA22 7 Queen Camel £2,990m2 £3,630m2 £4,180m2
BA22 9 West Coker £2,580m2 £3,060m2 £3,800m2
BA22 8 Ilchester £2,370m2 £3,020m2 £3,630m2

Will West Coker house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for BA22 9 (West Coker). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for BA22 9 and the blue dots are the individual property sales that inform this trend.

Price per square metre in West Coker (BA22 9) over time
House price trends for West Coker

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about West Coker and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the West Coker data or any other data I am given.

Price map for West Coker

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring West Coker. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values. I will explain more about the methodology and create a key next week.

Property price heatmap for West Coker
House price heatmap for West Coker

Street level data

Street Avg size Avg £/m2 Recent sales
High Street, West Coker, BA22 9A 115m2 £2,648 11
Weston Street, West Coker, BA22 9E 120m2 £3,121 9
East Street, West Coker, BA22 9B 106m2 £2,829 9
Font Villas, West Coker, BA22 9B 77m2 £2,214 9
Yeo Valley, West Coker, BA22 9U 67m2 £1,986 8
Tellis Cross, West Coker, BA22 9H 85m2 £2,431 8
Moor Lane, West Coker, BA22 9N 156m2 £3,412 8
Burton, West Coker, BA22 9L 106m2 £3,811 6

Search for your street here.

Raw data

Our analysis of West Coker is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid m2 £/m2
7, Drakes Meadow, West Coker, Ilchester £495,000
Aug-2023
108 4,583
The Laurels, Barry Lane, West Coker, Ilchester £950,000
Aug-2023
136 6,985
3, Court Lane, West Coker, Ilchester £260,000
Aug-2023
102 2,549

See the entire list of all sales in West Coker (BA22 9) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.