The average house price in South West is £351k, down by -£7.1k (-2%) over the last 12 months, while the median is £301k. New homes cost £386k, while established homes average £350k. Most homes were sold in the £300k-£400k price range with 17148 (23.2%) properties sold, followed by £250k-£300k price range with 11928 (16.2%) properties sold. There were 73.8k residential property sales and sales dropped by 18.8% (-18.4k transactions).
| October 2025 - September 2026 | South West region | England & Wales |
|---|---|---|
| Median house price | £301k | £280k |
| Average house price | £351k | £349k |
shows a number of properties sold in a given price range between October 2025 - September 2026.
| House price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 0.1% | 75 |
| █ £50k-£100k | 2.3% | 1.7k |
| █ £100k-£150k | 6.0% | 4.4k |
| █ £150k-£200k | 10.7% | 7.9k |
| █ £200k-£250k | 14.8% | 10.9k |
| █ £250k-£300k | 16.2% | 11.9k |
| █ £300k-£400k | 23.2% | 17.1k |
| █ £400k-£500k | 12.0% | 8.9k |
| █ £500k-£750k | 10.3% | 7.6k |
| █ £750k-£1M | 2.9% | 2.1k |
| █ over £1M | 1.4% | 1.1k |
This price map shows the average house price in a given county. The most affordable place is 'Devon' with the average price of £314k. The most expensive place is 'Bristol', £387k.
| county | Average price | % of South West avg. price (£351k) | |
|---|---|---|---|
| Bristol | £387k | 110% | |
| Cornwall | £329k | 94% | |
| Devon | £314k | 89% | |
| Dorset | £380k | 108% | |
| Gloucestershire | £379k | 108% | |
| Somerset | £354k | 101% | |
| Wiltshire | £336k | 96% | |
Comparison of the average house price and an average price percentage change by region. Price % change compares the average house price between October 2025 - September 2026 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 changeWith the average price of £351k, South West is the 4. most pricey region out of 10 England and Wales' regions.
| Rank | region | Average price |
|---|---|---|
| 1. | London | £648k |
| 2. | South East | £439k |
| 3. | East of England | £388k |
| 4. | South West | £351k |
| 5. | West Midlands | £282k |
| 6. | East Midlands | £265k |
| 7. | North West | £253k |
| 8. | Wales | £243k |
| 9. | Yorkshire | £240k |
| 10. | North East | £193k |
Yearly average nominal house prices adjusted for inflation.
| Year | South West region | England & Wales |
|---|---|---|
| 2026 | £347k | £345k |
| 2025 | £372k | £374k |
| 2024 | £386k | £386k |
| 2023 | £427k | £421k |
| 2022 | £479k | £476k |
| 2021 | £464k | £468k |
| 2020 | £442k | £448k |
| 2019 | £417k | £423k |
| 2018 | £426k | £435k |
| 2017 | £427k | £444k |
| 2016 | £412k | £437k |
| 2015 | £394k | £423k |
| 2014 | £384k | £416k |
| 2013 | £378k | £409k |
| 2012 | £385k | £407k |
| 2011 | £403k | £419k |
| 2010 | £432k | £446k |
| 2009 | £396k | £401k |
| 2008 | £434k | £423k |
| 2007 | £466k | £448k |
| 2006 | £440k | £427k |
| 2005 | £428k | £409k |
| 2004 | £424k | £397k |
| 2003 | £387k | £357k |
| 2002 | £336k | £321k |
| 2001 | £282k | £282k |
| 2000 | £256k | £262k |
| 1999 | £224k | £238k |
| 1998 | £207k | £219k |
| 1997 | £197k | £207k |
| 1996 | £184k | £193k |
| 1995 | £184k | £190k |
Yearly average nominal prices and CAGR compared to England & Wales' house prices
| Year | South West region average price CAGR | England & Wales average price CAGR |
|---|---|---|
| 2026 | £347k 5.51% | £345k 5.38% |
| 2025 | £357k 5.80% | £360k 5.71% |
| 2024 | £358k 6.01% | £358k 5.89% |
| 2023 | £362k 6.28% | £357k 6.11% |
| 2022 | £363k 6.52% | £361k 6.38% |
| 2021 | £339k 6.50% | £342k 6.41% |
| 2020 | £316k 6.47% | £320k 6.39% |
| 2019 | £292k 6.40% | £296k 6.32% |
| 2018 | £288k 6.63% | £294k 6.58% |
| 2017 | £279k 6.79% | £290k 6.82% |
| 2016 | £264k 6.84% | £280k 6.98% |
| 2015 | £251k 6.91% | £270k 7.14% |
| 2014 | £238k 7.01% | £258k 7.28% |
| 2013 | £228k 7.13% | £247k 7.42% |
| 2012 | £225k 7.50% | £238k 7.66% |
| 2011 | £224k 7.95% | £233k 8.00% |
| 2010 | £229k 8.66% | £236k 8.66% |
| 2009 | £211k 8.66% | £213k 8.52% |
| 2008 | £222k 9.82% | £217k 9.35% |
| 2007 | £228k 10.92% | £219k 10.26% |
| 2006 | £210k 11.11% | £204k 10.49% |
| 2005 | £198k 11.66% | £189k 10.80% |
| 2004 | £191k 12.57% | £179k 11.35% |
| 2003 | £169k 12.51% | £156k 10.94% |
| 2002 | £144k 11.86% | £138k 10.65% |
| 2001 | £119k 10.37% | £119k 9.77% |
| 2000 | £105k 9.80% | £108k 9.61% |
| 1999 | £90.5k 8.28% | £96.0k 9.04% |
| 1998 | £80.9k 7.10% | £85.4k 7.94% |
| 1997 | £74.5k 6.38% | £78.5k 7.51% |
| 1996 | £68.3k 3.71% | £71.5k 5.26% |
| 1995 | £65.8k | £67.9k |
Yearly average nominal prices
| region | 5Y Change | 10Y Change | 20Y Change | 30Y Change |
|---|---|---|---|---|
| South East | 0.3% | 23% | 75% | 403% |
| South West | 2.5% | 31% | 65% | 408% |
| Wales | 10% | 42% | 58% | 364% |
| West Midlands | 7.2% | 39% | 66% | 357% |
Yearly average nominal prices
| October 2025 - September 2026 | South West region | England & Wales |
|---|---|---|
| Detached | £516k | £506k |
| Flat | £211k | £289k |
| Semi-Detached | £332k | £322k |
| Terraced | £290k | £287k |
| Property type | 5Y Change | 10Y Change | 20Y Change | 30Y Change |
|---|---|---|---|---|
| Detached | 4.7% | 35% | 66% | 413% |
| Flat | -7.2% | 12% | 34% | 328% |
| Semi-Detached | 8.8% | 35% | 71% | 455% |
| Terraced | 5.3% | 32% | 69% | 490% |
| Region | Ratio in 2024 |
|---|---|
| Wales | 5.8 |
| East Midlands | 6.9 |
| West Midlands | 6.9 |
| England and Wales | 7.54 |
| South West | 8.4 |
| South East | 9.3 |
| London | 11.7 |
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