South West newly built property prices

The price of a newly built property is £317k in South West region. The price increased by £8.5k (3%) over the last twelve months. The price of an established property is £292k. There were 7654 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 2215 (28.9%) properties sold, followed by £250k-£300k price range with 1421 (18.6%) properties sold. Most new homes were sold in Devon, with 1857 sold to date from June 2019 - May 2020.

June 2019 - May 2020

South West regionEngland and Wales

£317k

average price of a new property

£342k

average price of a new property

3%

average price percentage change

1%

average price percentage change

£8.5k

average price change

£4.9k

average price change

South West cost comparison of new homes and older homes

June 2019 - May 2020

South West cost comparison of new homes and older homes

£317k

A newly built property

£292k

An established property

South West sales share of new homes and older homes

June 2019 - May 2020

South West sales share of new homes and older homes

10.3%

A newly built property

7.7k

89.7%

An established property

66.6k

74.3k

total sales volume

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
Bristol5637.4%
Cornwall7219.4%
Devon1.9k24.3%
Dorset6718.8%
Gloucestershire1.5k19.6%
Somerset1.2k15.9%
Wiltshire1.1k14.7%

South West new home sales share by price range

shows a sales volume of new homes in a given price range between June 2019 - May 2020. See also South West property sales reports.

South West new home sales share by price range

Property price rangeMarket shareSales volume
under £50k0.1%9
£50k-£100k0.9%67
£100k-£150k4.9%376
£150k-£200k10.7%818
£200k-£250k16.6%1.3k
£250k-£300k18.6%1.4k
£300k-£400k28.9%2.2k
£400k-£500k12.3%942
£500k-£750k5.9%448
£750k-£1M0.8%63
over £1M0.3%24

South West cost comparison of new houses and new flats

June 2019 - May 2020

South West cost comparison of new houses and new flats

£395k

Detached

£262k

Flat

£280k

Semi-Detached

£258k

Terraced

South West sales share of new houses and new flats

June 2019 - May 2020

South West sales share of new houses and new flats

38.8%

Detached

3.0k

19.0%

Flat

1.5k

25.0%

Semi-Detached

1.9k

17.1%

Terraced

1.3k

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

Other reports for South West region

house prices

property transactions

home energy certificates

population statistics

energy costs

home features

crime statistics

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