Lower Street - TA16 5NP
Key Postcode Insights
TA16 5NP is a residential postcode situated on Lower Street, Merriott, TA16 with 11 addresses.
It ranks as the 267th largest and 285th most expensive of the 515 postcodes in the TA16 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 11 properties: 11 houses.
- Ave. Sale Price
- £419,672
- 10 Year change
- up 30.9%
- Ave. Rental Price
- £1,749pcm
- 10 Year change
- up 61.5%
- Ave. £ per ft²
- £238/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
TA16 5NP is a residential postcode situated on Lower Street, Merriott, TA16 with 11 addresses.
It ranks as the 267th largest and 285th most expensive of the 515 postcodes in the TA16 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 11 properties: 11 houses.
- Ave. Sale Price
- £419,672
- 10 Year change
- up 30.9%
- Ave. Rental Price
- £1,749pcm
- 10 Year change
- up 61.5%
- Ave. £ per ft²
- £238/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Propertiesin TA16 5NP
- 1 Osborne Place Lower Street
4 Bed Modern House
- 2 Osborne Place Lower Street
Unknown
- 3 Osborne Place Lower Street
4 Bed Modern House
- 4 Osborne Place Lower Street
3 Bed Modern House
- Brooklyn 79 Lower Street
4 Bed Period House
Sales Market Trends
The last sale in TA16 5NP sold for £258,000 on 3rd July 2024. Since then prices are down an average of 0.8%.
The current average value in the postcode is £419,672.
The TA16 5NP Sales Market has increased by 30.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £419,672 |
| June 2025 | 0% | £424,099 |
| June 2024 | -1.9% | £424,038 |
| June 2023 | 1% | £432,334 |
| June 2022 | 12.7% | £427,851 |
| June 2021 | 7.1% | £379,671 |
| June 2020 | 1.9% | £354,337 |
| June 2019 | 1.3% | £347,725 |
| June 2018 | 5.3% | £343,408 |
| June 2017 | 1.7% | £326,258 |
| June 2016 | 5.2% | £320,664 |
| June 2015 | 2.3% | £304,712 |
| June 2014 | 5% | £297,722 |
| June 2013 | 1% | £283,441 |
| June 2012 | -1.5% | £280,517 |
| June 2011 | 0.9% | £284,731 |
| June 2010 | 5.6% | £282,066 |
| June 2009 | -7.7% | £267,109 |
| June 2008 | -0.6% | £289,430 |
| June 2007 | 0% | £291,181 |
Rental Market Trends
The current average rental value in the postcode is £1,749.
The TA16 5NP Rental Market has increased by 61.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,749pcm |
| June 2025 | 4.9% | £1,696pcm |
| June 2024 | 9.8% | £1,618pcm |
| June 2023 | 5.6% | £1,473pcm |
| June 2022 | 10.1% | £1,396pcm |
| June 2021 | 6.6% | £1,268pcm |
| June 2020 | 3.3% | £1,190pcm |
| June 2019 | 1.8% | £1,152pcm |
| June 2018 | 3.2% | £1,131pcm |
| June 2017 | 1.2% | £1,096pcm |
| June 2016 | 2.8% | £1,083pcm |
| June 2015 | 3% | £1,054pcm |
| June 2014 | 2% | £1,023pcm |
| June 2013 | 1.4% | £1,003pcm |
| June 2012 | 1.1% | £989pcm |
| June 2011 | 2% | £979pcm |
| June 2010 | 5.1% | £960pcm |
| June 2009 | -4.5% | £913pcm |
| June 2008 | 1.7% | £956pcm |
| June 2007 | 0% | £940pcm |
Sales History
The last sale was on 3rd July 2024 for £258,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 15 sales since 1995.
TA16 5NP has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2024£258,000 | 3 Bed House67A, Lower Street, Merriott, TA16 5NP67A, Lower Street, Merriott, TA16 5NP
- Sold Sep 2021£2,000,000 | 5 Bed HouseMerriott House, Lower Street, Merriott, TA16 5NPMerriott House, Lower Street, Merriott, TA16 5NP
- Sold May 2021£249,950 | 3 Bed HouseManor Cottage, Lower Street, Merriott, TA16 5NPManor Cottage, Lower Street, Merriott, TA16 5NP
- Sold Jun 2020£345,000 | 4 Bed House1 Osborne Place, Lower Street, Merriott, TA16 5NP1 Osborne Place, Lower Street, Merriott, TA16 5NP
- Sold May 2017£328,000 | 4 Bed HouseBrooklyn 79, Lower Street, Merriott, TA16 5NPBrooklyn 79, Lower Street, Merriott, TA16 5NP
Nearby Postcodes
TA16 5NP is the 267th largest and the 285th most expensive postcode out of the 515 postcodes in the TA16 area.
- TA16 5NW, Lower Street, Merriott, TA16TA16 5NW19 Addresses|43 m away
- TA16 5PB, Manor Drive, Merriott, TA16TA16 5PB29 Addresses|153 m away
- TA16 5PQ, Merriottsford, Merriott, TA16TA16 5PQ1 Addresses|167 m away
- TA16 5NN, Lower Street, Merriott, TA16TA16 5NN24 Addresses|176 m away
- TA16 5PU, Gough Close, Merriott, TA16TA16 5PU6 Addresses|187 m away
Property Types
- 3 period houses built between 1800 and 1911
- 4 modern houses built after 1980
- 1 house of an unknown age
- 3 other addresses of unknown type
- period house (3)
- modern house (4)
- house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (3)
- G (0)
- D (2)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Sep 2021£2,000,000 | 5 Bed HouseMerriott House, Lower Street, Merriott, TA16 5NPMerriott House, Lower Street, Merriott, TA16 5NP
- Sold Apr 2018£775,000 | 4 Bed HouseCourt Mill, Lower Street, Merriott, TA16 5NLCourt Mill, Lower Street, Merriott, TA16 5NL
- Sold Sep 2009£740,000 | 4 Bed HouseCourt Mill, Lower Street, Merriott, TA16 5NLCourt Mill, Lower Street, Merriott, TA16 5NL
Schools Nearby
- Merriott Primary School500 m away
- West Chinnock Church School2.4 km away
- Ashlands Church of England Primary School2.6 km away
- Wadham School2.4 km away
- Stanchester Academy6.6 km away
- Preston School Academy10.1 km away
More reading links
Public Transport Nearby
The closest station to TA16 5NP is Crewkerne station, which is 4.2 kilometres away.
- Crewkerne|4.2 km away
- Yeovil Junction|12.5 km away
- Yeovil Pen Mill|12.9 km away
- Thornford|14.7 km away