TA15 (Montacute) area guide

TA15
Montacute
The TA15 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Coker, Hamdon, Montacute, Somerset, St Michael's.
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Notes:

A Mouseprice property guide for TA15 Montacute is coming soon. In the meantime, please have a look at the raw data and statistics about TA15 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Taunton propertyThe size of the property market in TA15 is 365 homes.

Taunton propertyGiven that the nominal growth rate in this postcode district (TA15) has been about 11% over the last 5 years, it would be reasonable to assume that this isa dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.

Taunton propertyThe average property in this postcode district was valued at £226500 over the last 3 months.

Taunton propertySince most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 10.1.

Taunton propertyNew transactions as a percentage of overall sales are 0%.

Housing stock:

Montacute propertyThe most commonly found type of housing in this area are Terraced Houses, making up 49% of the housing stock.

Montacute propertyFor those buyers keen to purchase Flats, this would not be an ideal area, because only 4.7% are this type. alt="Montacute property">Socially rented accommodation represents a significant percentage of the total rented accommodation in the area at 19.7%.

Montacute propertyThe majority of property in this area is owner occupied.

Who lives here:

Montacute propertyMontacute propertyThis area is a haven for the retired, who make up 30.5% of the population.
Montacute propertyThis area has a high percentage of married people at 20.3%.
Montacute propertyAverage working hours in this area for men are 42 and for women are 31.
Montacute propertyThis area has 1.3 people per square kilometre.
Montacute propertyThe largest source of work in this area is Health & Social Work (23.4% of workers), followed by Wholesale & Retail (16.9%).