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House Prices in BA3 House Prices in BA3 (Radstock)

The average house price in BA3 (Radstock) is £320,491 using HM Land Registry data.

The average property price increased by £87,469 (307.32%) over the last 5 years and increased by £17,526 (16.01%) over the last 12 months.

Over the last year, there were 293 residential property sales – a decrease of 171 transactions (-58.36%) relative to the previous year. The majority of house sales (97) were in the £254,000 - £328,000 range. Then came properties in the £180,000 - £254,000 range, where 71 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 70 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,990 (-2%).

In Oct 24, there were 68 new estate agency instructions, 65 agreed home sales and 67 property price reductions.

Nearby Postcodes: BA1, BA10, BA11, BA12, BA13, BA14, BA15, BA2, BA20, BA21, BA22, BA4, BA5, BA6, BA7, BA9, BS14, BS25, BS27, BS28, BS31, BS39, BS40, BS41, BS48, BS49, DT2, DT8, DT9, TA10, TA11, TA12, TA14, TA15, TA18

5-Year Average Property Prices in BA3 (Radstock)

307.32%

Property prices in Radstock increased by 307.32% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in BA3 (Radstock) Over the Last Year

16.01%

Property prices in Radstock increased by 16.01% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for BA3 (Radstock) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in BA3 (Radstock)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in BA3 (Radstock)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in BA3 (Radstock)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the BA3 (Radstock) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BA3 postcode area since 1995.

Recent Sales in BA3 (Radstock)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
83 Sunnymead, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2SD£325,000£320,000-£5,00009 Nov 202314 Aug 2024279 Days
3 Preachers Vale, Coleford, Radstock, Somerset, BA3 5PT£325,000£315,000-£10,00017 Jan 202413 Aug 2024209 Days
68 Charlton Park, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 4BW£359,950£355,000-£4,95014 Feb 202407 Aug 2024175 Days
1 Coombe Orchard, Radstock, Bath And North East Somerset, BA3 3AQ£269,950£265,000-£4,95018 Nov 202307 Aug 2024263 Days
113 Kilmersdon Road, Haydon, Radstock, Bath And North East Somerset, BA3 3QP£330,000£325,000-£5,00017 Jan 202407 Aug 2024203 Days
7 Top Wood, Holcombe, Radstock, Somerset, BA3 5EZ£499,950£497,000-£2,95002 Apr 202431 Jul 2024120 Days
Moorwood Cottage, Moorwood, Oakhill, Radstock, Somerset, BA3 5BN£695,000£660,000-£35,00011 Sep 202331 Jul 2024324 Days
29 Birch Road, Westfield, Radstock, Bath And North East Somerset, BA3 3TP£315,000£300,000-£15,00006 Apr 202429 Jul 2024114 Days
1 Jubilee Cottages, Hemington, Radstock, Somerset, BA3 5XU£350,000£350,000£0019 Sep 202326 Jul 2024311 Days
32 Waterloo Road, Radstock, Bath And North East Somerset, BA3 3ER£199,950£199,950£0014 Mar 202426 Jul 2024134 Days
10 Fern Close, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2EA£249,500£240,000-£9,50025 Mar 202426 Jul 2024123 Days
56 Sunnymead, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2SD£320,000£320,000£0024 Apr 202424 Jul 202491 Days
51 Wells Road, Westfield, Radstock, Bath And North East Somerset, BA3 3RY£230,000£230,000£0027 Mar 202418 Jul 2024113 Days
11 Staddlestones, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2PP£459,950£440,000-£19,95005 Apr 202417 Jul 2024103 Days
60 Manor Park, Radstock, Bath And North East Somerset, BA3 3NB£235,000£230,000-£5,00005 Apr 202412 Jul 202498 Days
21 Rackvernal Road, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2UG£220,000£219,900-£10031 Oct 202311 Jul 2024254 Days
Wy-wurry, Stoke Hill, Stoke St Michael, Radstock, Somerset, BA3 5JJ£305,000£290,000-£15,00011 Mar 202405 Jul 2024116 Days
41 Lincombe Road, Westfield, Radstock, Bath And North East Somerset, BA3 3YJ£250,000£249,000-£1,00028 Mar 202405 Jul 202499 Days
18 Charlton Park, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 4BN£369,950£355,000-£14,95029 Nov 202324 Jun 2024208 Days
36 Bristol Road, Radstock, Bath And North East Somerset, BA3 3EE£485,000£476,500-£8,50007 Mar 202419 Jun 2024104 Days

Most Expensive Streets in BA3 (Radstock)

PostcodeStreetAreaAverageNo. of Sales
BA3 5ASHigh Street, OakhillRadstock£1,113,5003
BA3 4UGBinegarRadstock£977,2005
BA3 5ANZion Hill, OakhillRadstock£879,6663
BA3 5AANettlebridge, OakhillRadstock£873,3333
BA3 5RJLower VobsterRadstock£835,0003
BA3 2UBSilver Street, Midsomer NortonRadstock£780,8163
BA3 4EBClaptonRadstock£703,3333
BA3 5XDFaulklandRadstock£653,3333
BA3 5BEAshwick, OakhillRadstock£649,2504
BA3 4ENBowden Hill, ChilcomptonRadstock£623,3333

Least Expensive Streets in BA3 (Radstock)

PostcodeStreetAreaAverageNo. of Sales
BA3 5RFDavid King House, Stockhill CourtRadstock£92,2005
BA3 5PZStanley Williams House, Park HayesRadstock£99,2504
BA3 2DUStanley Court, Midsomer NortonRadstock£121,2229
BA3 2HAMill Court, The IslandRadstock£125,0003
BA3 3SNWillow CloseRadstock£128,3333
BA3 2DHRackvernal Court, Midsomer NortonRadstock£137,8333
BA3 2BYWheelers Drive, Midsomer NortonRadstock£139,3624
BA3 3FWMarcroft Court, Frome RoadRadstock£151,3754
BA3 3LRHuish CourtRadstock£152,2333
BA3 2FPMidsomer Mews, The IslandRadstock£153,19010

Explore BA3 (Radstock) using map

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