The Real Cost of Buying a First Home in Radstock
A first purchase at the £295,000 Radstock average needs about £32,800 in cash, made up of £29,500 deposit, £0 stamp duty with first time buyer relief, and roughly £3,300 in fees.
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
A first purchase at the £295,000 Radstock average needs about £32,800 in cash, made up of £29,500 deposit, £0 stamp duty with first time buyer relief, and roughly £3,300 in fees.
What a first Radstock purchase costs in cash
On the local average the deposit is £29,500, stamp duty is £0 and fees are near £3,300. Total cash needed is about £32,800.
First time buyer relief saves you £4,750 against the standard charge of £4,750 at this price. Rates are those in force from April 2025. Confirm the current position on gov.uk before you exchange.
Where the upfront cash goes
The commercial page for this town sets out the introduction itself: Mortgage advice in Radstock.
What you can borrow against local incomes
What the first year actually costs
Band D council tax in Bath & North East Somerset is £2,554 a year, which is £213 a month. Add energy, water, insurance and maintenance.
Protection belongs in the same budget. If the mortgage depends on two incomes, it depends on both people staying well enough to earn. That is the part of the purchase we advise on directly.
Average prices sit below the £500,000 relief ceiling, so most first purchases here still qualify. Check your own price against the threshold.
The Radstock detail first buyers ask about
The schools families ask about here are Writhlington School, Norton Hill & Somervale (Midsomer Norton), Primary schools and Post-16 & college options. 1 local school was rated Good or Outstanding overall at its most recent graded Ofsted inspection. Ratings age between inspections, so read the latest report before you rely on one.
On getting about: Radstock to Bath takes about 20 to 30 min drive.
By price, Radstock ranks 3 of the 3 Bath & North East Somerset locations we cover, at £295,000 against a county average of £321,667. Band D council tax here is £2,554, against an average of £2,500 across the towns we cover in the county.
What your money buys in Radstock
The full local guide covers schools, transport and the market in detail: Radstock property and area guide.
| Budget | What it buys here |
|---|---|
| Around £140,000 to £280,000 | Typically a flat or a terraced home, the most accessible way into the market, popular with first-time buyers and investors. |
| Around £300,000 to £360,000 | A comfortable semi or a modern estate house, the heart of the local family market. |
| £400,000 and above | Larger detached homes and the best positions on the leafier fringes and towards the villages, the top of the local market. |
- Among the most affordable towns in B&NES
- A real high street and the excellent Radstock Museum
- Writhlington School serves the town
- Distinctive mining and railway heritage
- The Colliers Way and countryside on the doorstep
- No railway station of its own
- Commuting to the cities is by road or bus
- Coal-mining search needed (heart of the coalfield)
- No A&E in the town (RUH Bath nearest)
- Steep valley topography and Wellow Brook flood risk
Radstock is known locally for The heart of the Somerset Coalfield, and Radstock Museum. Radstock was the very heart of the Somerset Coalfield, a mining town for two centuries, its story told vividly at Radstock Museum.
Practical detail for Radstock: the BA3 postcode district.
Radstock at a glance
| Upfront cost | Radstock figure |
|---|---|
| Average price | £295,000 |
| Deposit at 10% | £29,500 |
| Stamp duty, first time buyer | £0 |
| Stamp duty, standard rate | £4,750 |
| Legal, survey and moving | £3,300 |
| Total cash needed | £32,800 |
| Monthly repayment illustration | £1,552 |
Figures are local averages used for illustration. Confirm your own numbers before acting on them.
Ask about Radstock
Three details is all we need. You are told before anything is passed to a partner firm.
Your checklist
- Total cash of about £32,800, not just the deposit
- Your stamp duty position confirmed on gov.uk
- A first year running cost budget including £2,554 council tax
- Income protection quoted before completion, not after
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Check broadband before you make an offer in Radstock
Broadband speeds can vary street by street in Radstock, so check the exact address before you commit. Ofcom's free checker shows which broadband speeds and mobile coverage are available at any UK property.
We can introduce you to a specialist who can combine your mobile, broadband and utilities into one bill. There's no fee for the introduction.
We don't provide these services ourselves. Switching household bills is not a regulated financial service, so FCA protections and the Financial Ombudsman do not apply. We'll only pass your details to the specialist if you ask us to. See our privacy notice.
Questions people ask
How much money do I need to buy a first home in Radstock?
Do first time buyers pay stamp duty in Radstock?
What is the biggest hidden cost?
How do I check broadband speed at a property in Radstock?
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