South West newly built property prices

The price of a newly built property is £389k in South West region. The price increased by £8.3k (2%) over the last twelve months. The price of an established property is £352k. There were 1745 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 566 (32.4%) properties sold, followed by £400k-£500k price range with 389 (22.3%) properties sold. Most new homes were sold in Devon, with 389 sold to date from January 2025 - December 2025.

Current Property Prices for Newly Constructed Residential Properties
January 2025 - December 2025South West regionEngland & Wales
Average price of a new home£389k£394k
Average price % change2%3%
Average price change in GBP£8.3k£11.2k

South West cost comparison of new homes and older homes

January 2025 - December 2025

South West cost comparison of new homes and older homes

Residential Property Prices by Construction Age
New or establishedAverage price
A newly built property£389k
An established property£352k

South West sales share of new homes and older homes

January 2025 - December 2025

South West sales share of new homes and older homes

Sales Share and Sales Volume of Newly Built Properties
New or establishedPercentage shareSales volume
A newly built property2.4%1.7k
An established property97.6%69.6k
All properties100%71.3k

South West map of sales of new properties

shows the total volume of new homes sold a given county.

South West map of sales of new properties

CountySales volumeMarket share
Bristol854.9%
Cornwall17910.3%
Devon38922.3%
Dorset18710.7%
Gloucestershire34619.8%
Somerset34019.5%
Wiltshire21912.6%

South West new home sales share by price range

shows a sales volume of new homes in a given price range between January 2025 - December 2025. See also South West property sales reports.

South West new home sales share by price range

Sales Share and Volumes of Newly Built Properties by House Type
Property price rangeMarket shareSales volume
£50k-£100k0.2%4
£100k-£150k2.1%36
£150k-£200k3.3%57
£200k-£250k6.0%105
£250k-£300k17.4%303
£300k-£400k32.4%566
£400k-£500k22.3%389
£500k-£750k14.2%247
£750k-£1M1.9%33
over £1M0.3%5

South West cost comparison of new houses and new flats

January 2025 - December 2025

South West cost comparison of new houses and new flats

Residential Property Prices of Newly Built Properties by House Type
House TypeAverage price
Detached£464k
Flat£295k
Semi-Detached£335k
Terraced£324k

South West sales share of new houses and new flats

January 2025 - December 2025

South West sales share of new houses and new flats

Sales Share of Newly Built Properties by House Type
House TypePercentage shareSales volume
Detached46.8%816
Flat11.5%200
Semi-Detached26.2%457
Terraced15.6%272

South West real new home prices

Yearly average nominal house prices adjusted for inflation

South West real new home prices

South West new home prices compared to England & Wales' new home prices

Yearly average nominal prices

South West new home prices

South West new home prices and nearby regions

Yearly average nominal prices

South West new home prices and nearby regions

South West house prices new vs established

Yearly average nominal prices

South West house prices new vs established

South West annual sales of new homes and older homes

Total sales volumes by year

South West annual sales of new homes and older homes

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

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