Somerset newly built property prices

The price of a newly built property is £327k in Somerset county. The price declined by £-7.5k (-2%) over the last twelve months. The price of an established property is £295k. There were 966 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 258 (26.7%) properties sold, followed by £250k-£300k price range with 184 (19.0%) properties sold. Most new homes were sold in BS31 2, with 82 sold to date from August 2019 - July 2020.

August 2019 - July 2020

Somerset countyEngland and Wales

£327k

average price of a new property

£347k

average price of a new property

-2%

average price percentage change

3%

average price percentage change

£-7.5k

average price change

£10.3k

average price change

Somerset cost comparison of new homes and older homes

August 2019 - July 2020

Somerset cost comparison of new homes and older homes

£327k

A newly built property

£295k

An established property

Somerset sales share of new homes and older homes

August 2019 - July 2020

Somerset sales share of new homes and older homes

8.1%

A newly built property

966

91.9%

An established property

11.0k

11.9k

total sales volume

Somerset map of sales of new properties

shows the total volume of new homes sold a given postcode sector.

Somerset map of sales of new properties

Somerset new home sales share by price range

shows a sales volume of new homes in a given price range between August 2019 - July 2020. See also Somerset property sales reports.

Somerset new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k0.8%8
£100k-£150k6.0%58
£150k-£200k10.8%104
£200k-£250k15.2%147
£250k-£300k19.0%184
£300k-£400k26.7%258
£400k-£500k12.1%117
£500k-£750k7.0%68
£750k-£1M1.6%15
over £1M0.7%7

Somerset cost comparison of new houses and new flats

August 2019 - July 2020

Somerset cost comparison of new houses and new flats

£402k

Detached

£323k

Flat

£282k

Semi-Detached

£233k

Terraced

Somerset sales share of new houses and new flats

August 2019 - July 2020

Somerset sales share of new houses and new flats

37.5%

Detached

362

20.9%

Flat

202

23.4%

Semi-Detached

226

18.2%

Terraced

176

Somerset real new home prices

Yearly average nominal house prices adjusted for inflation

Somerset real new home prices

Somerset new home prices compared to England & Wales' new home prices

Yearly average nominal prices

Somerset new home prices

Somerset new home prices and nearby counties

Yearly average nominal prices

Somerset new home prices and nearby counties

Somerset house prices new vs established

Yearly average nominal prices

Somerset house prices new vs established

Somerset annual sales of new homes and older homes

Total sales volumes by year

Somerset annual sales of new homes and older homes

Other reports for Somerset county

house prices

property transactions

crime statistics

population statistics

energy costs

home features

salary and unemployment

home energy certificates

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