The price of a newly built property is £351k in Somerset county. The price declined by £-19.2k (-5%) over the last twelve months. The price of an established property is £360k. There were 469 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 149 (31.8%) properties sold, followed by £250k-£300k price range with 110 (23.5%) properties sold. Most new homes were sold in BS24 7, with 41 sold to date from April 2024 - March 2025.
April 2024 - March 2025 | Somerset county | England & Wales |
---|---|---|
Average price of a new home | £351k | £381k |
Average price change | -5% £-19.2k | -3% £-12.7k |
April 2024 - March 2025
New or established | Average price |
---|---|
█ A newly built property | £351k |
█ An established property | £360k |
April 2024 - March 2025
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 April 2024 - March 2025. See also Somerset property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £50k-£100k | 0.2% | 1 |
█ £100k-£150k | 2.3% | 11 |
█ £150k-£200k | 8.1% | 38 |
█ £200k-£250k | 8.7% | 41 |
█ £250k-£300k | 23.5% | 110 |
█ £300k-£400k | 31.8% | 149 |
█ £400k-£500k | 15.1% | 71 |
█ £500k-£750k | 7.9% | 37 |
█ £750k-£1M | 1.9% | 9 |
█ over £1M | 0.4% | 2 |
April 2024 - March 2025
April 2024 - March 2025
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