# House prices in BA3 2 (Midsomer Norton)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BA3 2' (Midsomer Norton) - statistics were last calculated on 31 July 2024.

## Defining 'BA3 2'

This analysis is limited to properties whose postcode starts with "BA3 2", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Midsomer Norton.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

## Price per square metre

Knowing the average house price in Midsomer Norton is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 40, Somer Avenue, Midsomer Norton, sold for £355,000 on Jun-2024. Given the internal area of 119 square metres, the price per sqm is £2,983.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,250-£3,500, £3,500-£3,750, £3,750-£4,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 230 sales in Midsomer Norton (BA3 2) that took place in the last two years.

##### Distribution of £ per sqm for Midsomer Norton
Distribution of £ per sqm house prices in Midsomer Norton

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Midsomer Norton (BA3 2). Of the 230 transactions, half were sold for between £2,990 and £4,040 per square metre. The median, or 'middle', price per square metre in 'BA3 2' is £3,490. Notably, only 25% of properties that sold recently were valued at more than £4,040 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Midsomer Norton

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Midsomer Norton. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Midsomer Norton

## Comparison with neighbouring postcode sectors

The table below shows how 'BA3 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BA3 4 Midsomer Norton £3,200 sqm £3,590 sqm £4,130 sqm
BA3 2 Midsomer Norton £2,990 sqm £3,490 sqm £4,040 sqm
BA3 3 Radstock £2,950 sqm £3,270 sqm £3,750 sqm
BA3 5 Coleford £3,010 sqm £3,510 sqm £4,010 sqm

## Will Midsomer Norton house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for BA3 2 (Midsomer Norton) compared with both the wider area BA3 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

##### Historic price per square metre in Midsomer Norton,Midsomer Norton
House price trends for Midsomer Norton

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

##### Most recent BA3 2 sales
Recent trends for Midsomer Norton

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Midsomer Norton to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Midsomer Norton and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

## Street level data

Street Avg size Avg £sqm Recent sales
North Road, Midsomer Norton, BA3 2Q 138 sqm £3,198 21
Welton Grove, Midsomer Norton, BA3 2T 86 sqm £3,774 18
Rackvernal Road, Midsomer Norton, BA3 2U 67 sqm £3,266 14
Church Court, Midsomer Norton, BA3 2J 52 sqm £3,322 12
Wheelers Road, Midsomer Norton, BA3 2B 64 sqm £4,066 11
Rock Road, Midsomer Norton, BA3 2A 81 sqm £2,717 11
High Meadows, Midsomer Norton, BA3 2R 88 sqm £3,621 11

## New build activity

Street Avg size Avg £sqm New build sales
The Island, Midsomer Norton, BA3 2F 52 sqm £2,879 9

The Island, Midsomer Norton, BA3 2F has seen 9 new build sales in the last 4 years (average price £149,627). These new build homes typically have an internal area of 52 sqm, with an average price of £2,879 sqm. This £sqm average is £-611 below the average for BA3 2. New builds typically command a £ per sqm premium. In the case of The Island the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

## Raw data

Our analysis of Midsomer Norton is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.