Somerset newly built property prices

The price of a newly built property is £312k in Somerset county. The price declined by £-14.6k (-4%) over the last twelve months. The price of an established property is £301k. There were 862 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 207 (24.0%) properties sold, followed by £200k-£250k price range with 183 (21.2%) properties sold. Most new homes were sold in TA5 2, with 54 sold to date from December 2019 - November 2020.

December 2019 - November 2020

Somerset countyEngland and Wales

£312k

average price of a new property

£367k

average price of a new property

-4%

average price percentage change

9%

average price percentage change

£-14.6k

average price change

£29.2k

average price change

Somerset cost comparison of new homes and older homes

December 2019 - November 2020

Somerset cost comparison of new homes and older homes

£312k

A newly built property

£301k

An established property

Somerset sales share of new homes and older homes

December 2019 - November 2020

Somerset sales share of new homes and older homes

8.4%

A newly built property

862

91.6%

An established property

9.4k

10.3k

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 December 2019 - November 2020. See also Somerset property sales reports.

Somerset new home sales share by price range

Property price rangeMarket shareSales volume
£100k-£150k5.2%45
£150k-£200k11.3%97
£200k-£250k21.2%183
£250k-£300k20.9%180
£300k-£400k24.0%207
£400k-£500k10.7%92
£500k-£750k4.8%41
£750k-£1M1.4%12
over £1M0.6%5

Somerset cost comparison of new houses and new flats

December 2019 - November 2020

Somerset cost comparison of new houses and new flats

£378k

Detached

£285k

Flat

£269k

Semi-Detached

£242k

Terraced

Somerset sales share of new houses and new flats

December 2019 - November 2020

Somerset sales share of new houses and new flats

41.3%

Detached

356

16.6%

Flat

143

24.4%

Semi-Detached

210

17.7%

Terraced

153

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

home features

energy costs

crime statistics

population statistics

salary and unemployment

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