Somerset cost comparison of new homes and older homes
August 2019 - July 2020
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.
| Somerset county | England and Wales |
|---|---|
£327kaverage price of a new property | £347kaverage price of a new property |
-2%average price percentage change | 3%average price percentage change |
£-7.5kaverage price change | £10.3kaverage price change |
August 2019 - July 2020
August 2019 - July 2020
shows the total volume of new homes sold a given postcode sector.
shows a sales volume of new homes in a given price range between August 2019 - July 2020. See also Somerset property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| £50k-£100k | 0.8% | 8 |
| £100k-£150k | 6.0% | 58 |
| £150k-£200k | 10.8% | 104 |
| £200k-£250k | 15.2% | 147 |
| £250k-£300k | 19.0% | 184 |
| £300k-£400k | 26.7% | 258 |
| £400k-£500k | 12.1% | 117 |
| £500k-£750k | 7.0% | 68 |
| £750k-£1M | 1.6% | 15 |
| over £1M | 0.7% | 7 |
August 2019 - July 2020
August 2019 - July 2020
Yearly average nominal house prices adjusted for inflation
Yearly average nominal prices
Yearly average nominal prices
Yearly average nominal prices
Total sales volumes by year
