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House Prices in BA3

The average house price in BA3 (Radstock) is £313,444 using HM Land Registry data.

The average property price increased by £96,443 (307.32%) over the last 5 years and increased by £19,280 (16.01%) over the last 12 months.

Over the last year, there were 309 residential property sales – a decrease of 213 transactions (-68.93%) relative to the previous year. The majority of house sales (100) were in the £246,000 - £322,000 range. Then came properties in the £170,000 - £246,000 range, where 70 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,990 (-2%).

In June 2024, there were 79 new estate agency instructions, 51 agreed home sales and 51 property price reductions.

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.

Property Market Heat Gauge for BA3 (Radstock) - June 2024

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
8 Flowerstone, Binegar, Radstock, Somerset, BA3 4UQ	£350,000	£330,000	-£20,000	08 Oct 2023	07 May 2024	212 Days
4 Maple Rise, Radstock, Bath And North East Somerset, BA3 3LH	£360,000	£345,000	-£15,000	16 Feb 2024	03 May 2024	77 Days
81 Paulton Road, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2QY	£270,000	£265,000	-£5,000	21 Sep 2023	01 May 2024	223 Days
6 South View Place, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2AX	£245,000	£240,000	-£5,000	22 Nov 2023	26 Apr 2024	156 Days
29 Station Road, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2BA	£300,000	£275,000	-£25,000	23 Oct 2023	26 Apr 2024	186 Days
4 Stockhill Court, Coleford, Radstock, Somerset, BA3 5RP	£240,000	£235,000	-£5,000	28 Oct 2023	19 Apr 2024	174 Days
5 Carlingford Terrace, Radstock, Bath And North East Somerset, BA3 3QA	£225,000	£225,000	£00	29 Nov 2023	12 Apr 2024	135 Days
17 Bellfield, Leigh Upon Mendip, Radstock, Somerset, BA3 5QH	£325,000	£320,000	-£5,000	16 Nov 2023	08 Mar 2024	113 Days
19 St Pauls Place, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2UN	£269,950	£268,000	-£1,950	22 Nov 2023	01 Mar 2024	100 Days
5 Magnolia Road, Westfield, Radstock, Bath And North East Somerset, BA3 3EX	£289,950	£285,000	-£4,950	12 Aug 2023	23 Feb 2024	195 Days
24 Riverside Walk, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2PE	£290,000	£272,000	-£18,000	21 Jul 2023	09 Feb 2024	203 Days
10 Linnet Way, Westfield, Radstock, Bath And North East Somerset, BA3 4PQ	£325,000	£325,000	£00	20 Sep 2023	06 Feb 2024	139 Days
33 Wells Square, Westfield, Radstock, Bath And North East Somerset, BA3 3UG	£220,000	£210,000	-£10,000	31 Aug 2023	02 Feb 2024	155 Days
14 Daneacre Road, Radstock, Bath And North East Somerset, BA3 3JS	£199,950	£175,000	-£24,950	30 Aug 2023	26 Jan 2024	149 Days
18 Church Street, Kilmersdon, Radstock, Somerset, BA3 5TA	£335,000	£300,000	-£35,000	02 Jun 2023	25 Jan 2024	237 Days
78 Kilmersdon Road, Haydon, Radstock, Bath And North East Somerset, BA3 3QR	£325,000	£322,500	-£2,500	11 Aug 2023	22 Jan 2024	164 Days
41 Sunnymead, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2SD	£249,950	£235,000	-£14,950	21 Jul 2023	19 Jan 2024	182 Days
48 Blackberry Way, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2RN	£450,000	£450,000	£00	29 Sep 2023	12 Jan 2024	105 Days
16 Redwood Close, Westfield, Radstock, Bath And North East Somerset, BA3 3EH	£289,950	£285,000	-£4,950	16 Oct 2023	10 Jan 2024	86 Days
65 Wesley Avenue, Westfield, Radstock, Bath And North East Somerset, BA3 3XF	£269,950	£257,000	-£12,950	27 Sep 2023	08 Jan 2024	103 Days

Most Expensive Streets in BA3 (Radstock)

Postcode	Street	Area	Average	No. of Sales
BA3 5AS	High Street, Oakhill	Radstock	£1,113,500	3
BA3 4UG	Binegar	Radstock	£977,200	5
BA3 5AN	Zion Hill, Oakhill	Radstock	£879,666	3
BA3 5AA	Nettlebridge, Oakhill	Radstock	£873,333	3
BA3 5RJ	Lower Vobster	Radstock	£835,000	3
BA3 2UB	Silver Street, Midsomer Norton	Radstock	£780,816	3
BA3 4EB	Clapton	Radstock	£703,333	3
BA3 5XD	Faulkland	Radstock	£653,333	3
BA3 5BE	Ashwick, Oakhill	Radstock	£649,250	4
BA3 5JH	Phippens Farm, Stoke St Michael	Radstock	£630,833	3

Least Expensive Streets in BA3 (Radstock)

Postcode	Street	Area	Average	No. of Sales
BA3 5RF	David King House, Stockhill Court	Radstock	£92,200	5
BA3 5PZ	Stanley Williams House, Park Hayes	Radstock	£99,250	4
BA3 2HA	Mill Court, The Island	Radstock	£120,000	4
BA3 2DU	Stanley Court, Midsomer Norton	Radstock	£121,222	9
BA3 2XL	Millards Court, Millards Hill	Radstock	£127,000	3
BA3 3SN	Willow Close	Radstock	£128,333	3
BA3 2DH	Rackvernal Court, Midsomer Norton	Radstock	£128,500	3
BA3 2BY	Wheelers Drive, Midsomer Norton	Radstock	£139,362	4
BA3 3FW	Marcroft Court, Frome Road	Radstock	£151,375	4
BA3 3LR	Huish Court	Radstock	£152,233	3