BA3 (Midsomer Norton) area guide

BA3
Midsomer Norton
The BA3 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Ashwick and Ston Easton, Beacon, Benter, Binegar, Chewton Mendip, Chilcompton, Clandown, Clapton, Coleford, Edford, Emborough, Faulkland, Foxcote, Gurney Slade, Haydon, Hemington, Holcombe, Kilmersdon, Leigh Upon Mendip, Litton, Lower Vobster, Mells, Mendip, Midsomer Norton, Midsomer Norton North, Midsomer Norton Redfield, Nedge, Nordinton, Oakhill, Paulton, Radstock, Somerset, Stoke St Michael, Ston Easton, Stratton, Stratton On The Fosse, Stratton-On-The-Fosse, Upper Vobster, Westfield, Westfield Industrial Estate, Writhlington.
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Notes:

A Mouseprice property guide for BA3 Midsomer Norton is coming soon. In the meantime, please have a look at the raw data and statistics about BA3 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Bath propertyThe size of the property market in BA3 is 13381 homes.

Bath propertyThe postcode district BA3 has been experiencing annual growth of 11.1% over the last 5 years excluding the effect of inflation. This growth rate tends to indicatea dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.

Bath propertyAverage property prices in this postcode district over the last three months have been approximately £181711.

Bath propertySince most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 9.6.

Bath propertyNew transactions as a percentage of overall sales are 8.1%.

Housing stock:

Midsomer Norton propertySemi- Detached Houses make up the most significant portion of the housing stock, representing 35.9% of the total.

Midsomer Norton propertyFlats account for the lowest percentage of the housing stock in this district, at only 8%.

Midsomer Norton propertyThis is an area with a high proportion of property suitable for families with children.

Midsomer Norton propertySocially rented accommodation represents 11.1% of the total rented accommodation in the area.

Midsomer Norton propertyThe majority of property in this area is owner occupied.

Midsomer Norton propertyThe average price of a two bed property in this area is less that the national average of £187894 at £151582.

Who lives here:

Midsomer Norton propertyThe population of this postcode district is 33279.
Midsomer Norton propertyThe average age in this area is 38.
Midsomer Norton propertyThis area has a high percentage of married people at 24.5%.
Midsomer Norton propertyAverage working hours in this area for men are 43 and for women are 30.
Midsomer Norton propertyThis area has 2.4 people per square kilometre.
Midsomer Norton propertyJob prospects in this area are good with low unemployment (2%). Most jobs are found in the Health & Social Work and Wholesale & Retail sectors.