Somerset newly built property prices

The price of a newly built property is £332k in Somerset county. The price declined by £-2.0k (-1%) over the last twelve months. The price of an established property is £298k. There were 1214 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 321 (26.4%) properties sold, followed by £250k-£300k price range with 221 (18.2%) properties sold. Most new homes were sold in BS31 2, with 109 sold to date from June 2019 - May 2020.

June 2019 - May 2020

Somerset countyEngland and Wales

£332k

average price of a new property

£342k

average price of a new property

-1%

average price percentage change

1%

average price percentage change

£-2.0k

average price change

£4.9k

average price change

Somerset cost comparison of new homes and older homes

June 2019 - May 2020

Somerset cost comparison of new homes and older homes

£332k

A newly built property

£298k

An established property

Somerset sales share of new homes and older homes

June 2019 - May 2020

Somerset sales share of new homes and older homes

9.7%

A newly built property

1.2k

90.3%

An established property

11.3k

12.5k

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 June 2019 - May 2020. See also Somerset property sales reports.

Somerset new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k0.8%10
£100k-£150k6.2%75
£150k-£200k10.9%132
£200k-£250k14.4%175
£250k-£300k18.2%221
£300k-£400k26.4%321
£400k-£500k13.1%159
£500k-£750k7.7%94
£750k-£1M1.4%17
over £1M0.8%10

Somerset cost comparison of new houses and new flats

June 2019 - May 2020

Somerset cost comparison of new houses and new flats

£407k

Detached

£340k

Flat

£283k

Semi-Detached

£223k

Terraced

Somerset sales share of new houses and new flats

June 2019 - May 2020

Somerset sales share of new houses and new flats

40.9%

Detached

496

17.5%

Flat

212

22.3%

Semi-Detached

271

19.4%

Terraced

235

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

home energy certificates

population statistics

energy costs

salary and unemployment

home features

crime statistics

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