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Radstock House Prices Radstock House Prices

The average house price in Radstock is £256,666 using HM Land Registry data.

The average property price increased by £83,187 (38.74%) over the last 5 years and increased by £16,626 (5.91%) over the last 12 months.

Over the last year, there were 89 residential property sales – a decrease of 51 transactions (-57.30%) relative to the previous year. The majority of house sales (24) were in the £254,000 - £296,000 range. Then came properties in the £212,000 - £254,000 range, where 20 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,990 (-2%).

In April 2024, there were 15 new estate agency instructions, 17 agreed home sales and 10 property price reductions.

Neighbouring Areas: Midsomer Norton

Postcodes Covered: BA3

5-Year Average Property Prices in Radstock

38.74%

Property prices in Radstock increased by 38.74% 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 Radstock Over the Last Year

5.91%

Property prices in Radstock increased by 5.91% 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 Radstock - April 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 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 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 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 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 Radstock since 1995

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

Recent Property Sales in Radstock

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 Magnolia Road, Westfield, Radstock, Bath And North East Somerset, BA3 3EX£289,950£285,000-£4,95012 Aug 202323 Feb 2024195 Days
33 Wells Square, Westfield, Radstock, Bath And North East Somerset, BA3 3UG£220,000£210,000-£10,00031 Aug 202302 Feb 2024155 Days
11 Lincombe Road, Westfield, Radstock, Bath And North East Somerset, BA3 3YJ£299,950£282,500-£17,45011 Jul 202305 Jan 2024178 Days
4 Coombe Orchard, Radstock, Bath And North East Somerset, BA3 3AQ£249,950£245,000-£4,95012 Sep 202319 Dec 202398 Days
75 Wesley Avenue, Westfield, Radstock, Bath And North East Somerset, BA3 3XF£259,950£240,000-£19,95027 Jul 202314 Dec 2023140 Days
32 Waldegrave Terrace, Radstock, Bath And North East Somerset, BA3 3EY£225,000£215,000-£10,00026 Jul 202310 Nov 2023107 Days
Mandeville, Wells Road, Westfield, Radstock, Bath And North East Somerset, BA3 3RL£425,000£405,000-£20,00012 Apr 202303 Nov 2023205 Days
3 May Tree Road, Westfield, Radstock, Bath And North East Somerset, BA3 3TU£235,000£230,000-£5,00025 Jul 202311 Oct 202378 Days
10 St Marys Rise, Writhlington, Radstock, Bath And North East Somerset, BA3 3PD£365,000£360,000-£5,00031 Jan 202306 Oct 2023248 Days
18 Manor Park, Radstock, Bath And North East Somerset, BA3 3NB£135,000£134,000-£1,00031 May 202304 Oct 2023126 Days
72 St Marys Rise, Writhlington, Radstock, Bath And North East Somerset, BA3 3PD£329,950£317,500-£12,45018 Jul 202325 Sep 202369 Days
31 Daneacre Road, Radstock, Bath And North East Somerset, BA3 3JS£210,000£205,000-£5,00016 May 202318 Sep 2023125 Days
48 Waterloo Road, Radstock, Bath And North East Somerset, BA3 3ER£295,000£290,000-£5,00012 Jun 202315 Sep 202395 Days
46 Waterloo Road, Radstock, Bath And North East Somerset, BA3 3ER£305,000£290,000-£15,00022 Mar 202314 Sep 2023176 Days
14 Acacia Road, Westfield, Radstock, Bath And North East Somerset, BA3 3TG£295,000£290,000-£5,00009 Jun 202308 Sep 202391 Days
24 Tyning Hill, Radstock, Bath And North East Somerset, BA3 3ET£300,000£300,000£0006 Feb 202330 Aug 2023205 Days
2 Southfield, Radstock, Bath And North East Somerset, BA3 3NU£300,000£300,000£0026 Apr 202318 Aug 2023114 Days
16 Waldegrave Terrace, Radstock, Bath And North East Somerset, BA3 3EY£250,000£230,000-£20,00019 Jan 202318 Aug 2023211 Days
14 Chapel Road, Clandown, Radstock, Bath And North East Somerset, BA3 3BP£249,950£249,950£0014 Aug 202316 Aug 20232 Days
3 Milton Road, Westfield, Radstock, Bath And North East Somerset, BA3 3XH£259,950£235,000-£24,95009 May 202311 Aug 202394 Days

Most Expensive Streets in Radstock

PostcodeStreetAreaAverageNo. of Sales
BA3 3EEBristol RoadRadstock£413,9105
BA3 3NNMells LaneRadstock£381,6663
BA3 3UWWells RoadWestfield£380,7504
BA3 3JZFrome RoadRadstock£368,5007
BA3 4BJSt Peters RoadWestfield£364,70010
BA3 3GDCobblers WayRadstock£359,11513
BA3 3EQBristol RoadRadstock£338,5005
BA3 3XWFosseway GardensRadstock£338,3003
BA3 3RLWells RoadWestfield£335,0003
BA3 3FROrchid WayWrithlington£324,45411

Least Expensive Streets in Radstock

PostcodeStreetAreaAverageNo. of Sales
BA3 3SNWillow CloseRadstock£128,3333
BA3 3FWMarcroft CourtFrome Road£151,3754
BA3 3LRHuish CourtRadstock£152,2333
BA3 3AEMarket PlaceRadstock£162,0003
BA3 3FZGreat Western CourtFrome Road£166,5647
BA3 3QEFrome Old RoadRadstock£168,3333
BA3 3DSLarchwood CourtTyning Hill£171,1663
BA3 3FYBrunel CourtFrome Road£180,8754
BA3 3UAWelton RoadRadstock£188,5006
BA3 3NBManor ParkRadstock£190,6005

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