Midsomer Norton House Prices Midsomer Norton House Prices

The average house price in Midsomer Norton is £333,177 using HM Land Registry data.

The average property price increased by £71,596 (27.38%) over the last 5 years and increased by £14,346 (4.5%) over the last 12 months.

Over the last year, there were 127 residential property sales – a decrease of 75 transactions (-59.06%) relative to the previous year. The majority of house sales (27) were in the £262,000 - £308,000 range. Then came properties in the £308,000 - £354,000 range, where 27 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 134 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,727 (-2%).

In Dec 24, there were 13 new estate agency instructions, 19 agreed home sales and 9 property price reductions.

5-Year Average Property Prices in Midsomer Norton

27.38%

Property prices in Midsomer Norton increased by 27.38% 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 Midsomer Norton Over the Last Year

4.5%

Property prices in Midsomer Norton increased by 4.5% 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 Midsomer Norton - Dec 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 Midsomer Norton

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 Midsomer Norton

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 Midsomer Norton

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 Midsomer Norton since 1995

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

Recent Property Sales in Midsomer Norton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
16 Five Arches Close, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2BU£269,950£269,950£0002 Aug 202422 Nov 2024112 Days
Hazeldene, Hazel Terrace, Westfield, Radstock, Bath And North East Somerset, BA3 4BG£220,000£210,000-£10,00024 Jul 202415 Nov 2024114 Days
41 Chilcompton Road, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2NW£265,000£245,000-£20,00008 Aug 202408 Nov 202492 Days
3 Greenfield Walk, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2RP£315,000£307,000-£8,00003 Apr 202428 Oct 2024208 Days
30 Long Barnaby, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2TZ£475,000£470,000-£5,00020 May 202428 Oct 2024161 Days
103 Redfield Road, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2JH£180,000£175,000-£5,00012 Aug 202425 Oct 202474 Days
58 Spencer Drive, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2DN£399,950£392,000-£7,95010 May 202417 Oct 2024160 Days
24 Bluebell Rise, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2RR£320,000£310,000-£10,00012 Jun 202417 Oct 2024127 Days
36 Fosseway South, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 4AN£555,000£547,000-£8,00007 May 202416 Oct 2024162 Days
83 Sunnymead, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2SD£325,000£320,000-£5,00009 Nov 202314 Aug 2024279 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
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
11 Staddlestones, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2PP£459,950£440,000-£19,95005 Apr 202417 Jul 2024103 Days
21 Rackvernal Road, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2UG£220,000£219,900-£10031 Oct 202311 Jul 2024254 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
40 Somer Avenue, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2SB£365,000£355,000-£10,00001 Feb 202414 Jun 2024134 Days
5 Redfield Grove, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2JU£325,000£300,000-£25,00023 Mar 202407 Jun 202476 Days
69 Charlton Park, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 4BW£325,000£300,000-£25,00015 Sep 202331 May 2024259 Days
24 Rackvernal Road, Midsomer Norton, Radstock, Bath And North East Somerset, BA3 2UG£249,950£247,000-£2,95013 Jan 202424 May 2024132 Days

Most Expensive Streets in Midsomer Norton

PostcodeStreetAreaAverageNo. of Sales
BA3 2UBSilver StreetMidsomer Norton£780,8163
BA3 4ANFosseway SouthMidsomer Norton£523,6663
BA3 2QJHayes RoadMidsomer Norton£506,6503
BA3 2HDPark WayMidsomer Norton£506,0005
BA3 4ASFossefield RoadMidsomer Norton£491,6663
BA3 2EWHayes Park RoadMidsomer Norton£478,3333
BA3 2RTUnderhill LaneMidsomer Norton£474,9833
BA3 2NEWithies WayMidsomer Norton£431,3166
BA3 4XAGrange EndMidsomer Norton£417,5004
BA3 2PUCautletts CloseMidsomer Norton£409,4585

Least Expensive Streets in Midsomer Norton

PostcodeStreetAreaAverageNo. of Sales
BA3 2DUStanley CourtMidsomer Norton£121,2229
BA3 2HAMill CourtThe Island£125,0003
BA3 2DHRackvernal CourtMidsomer Norton£137,8333
BA3 2BYWheelers DriveMidsomer Norton£139,3624
BA3 2BHValley WalkMidsomer Norton£145,6663
BA3 2FPMidsomer MewsThe Island£153,19010
BA3 2JAChurch CourtMidsomer Norton£174,49511
BA3 2LSWoodsideMidsomer Norton£176,5005
BA3 2NDHillside CrescentMidsomer Norton£178,5004
BA3 2NAHillside AvenueMidsomer Norton£189,4927

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