The average property price in South West region is £292k. The average price increased by £3.8k (1%) over the last twelve months. The price of an established property is £289k. The price of a newly built property is £315k. There were 90.1k property sales and sales dropped by 9.8% (-10.4k transactions). Most properties were sold in the £200k-£250k price range with 17806 (19.8%) properties sold, followed by £150k-£200k price range with 16236 (18.0%) properties sold.
South West
region March 2019 - February 2020
£292k
average property price
1%
average price percentage change
£3.8k
average price change
England + Wales
March 2019 - February 2020
£296k
average property price
1%
average price percentage change
£2.1k
average price change
South West house prices map
shows the average property price in a given county between March 2019 - February 2020. The most affordable place was 'Devon' with the average price of £264k. The most expensive place was 'Dorset', £325k.
County
Average price
% of South West avg. price (£292k)
Bristol
£318k
109%
Cornwall
£270k
92%
Devon
£264k
90%
Dorset
£325k
111%
Gloucestershire
£303k
104%
Somerset
£298k
102%
Wiltshire
£287k
98%
South West house prices compared to other regions
Comparison of the average property price and an average price percentage change by region. Price % change compares the average property price between March 2019 - February 2020 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in region.
Average price percentage changeAverage property price
South West house price rank
With the average price of £292k, South West is the 4. most pricey region out of 10 England and Wales' regions.
South West property sales share by price range
shows a number of properties sold in a given price range between March 2019 - February 2020.
Property price range
Market share
Sales volumes
under £50k
0.1%
58
£50k-£100k
2.9%
2.6k
£100k-£150k
9.7%
8.8k
£150k-£200k
18.0%
16.2k
£200k-£250k
19.8%
17.8k
£250k-£300k
15.8%
14.3k
£300k-£400k
17.9%
16.1k
£400k-£500k
7.8%
7.0k
£500k-£750k
5.9%
5.3k
£750k-£1M
1.4%
1.2k
over £1M
0.8%
712
South West cost comparison of new homes and older homes
March 2019 - February 2020
£315k
A newly built property
£289k
An established property
South West cost comparison of houses and flats
March 2019 - February 2020
£417k
Detached
£197k
Flat
£270k
Semi-Detached
£236k
Terraced
South West real house prices
Yearly average nominal house prices adjusted for inflation.
South West house prices compared to England & Wales' house prices
Yearly average nominal prices
South West square meter house prices compared to England & Wales' prices
Yearly average nominal prices per square meter.
South West house prices and nearby regions
Yearly average nominal prices
South West house prices new vs established
Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.
Average price percentage change
