The price of a newly built property is £381k in South West region. The price declined by £-4.5k (-1%) over the last twelve months. The price of an established property is £353k. There were 2251 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 735 (32.7%) properties sold, followed by £250k-£300k price range with 435 (19.3%) properties sold. Most new homes were sold in Devon, with 494 sold to date from August 2024 - July 2025.
August 2024 - July 2025 | South West region | England & Wales |
---|---|---|
Average price of a new home | £381k | £390k |
Average price change | -1% £-4.5k | 0% £-191 |
August 2024 - July 2025
New or established | Average price |
---|---|
█ A newly built property | £381k |
█ An established property | £353k |
August 2024 - July 2025
shows the total volume of new homes sold a given county.
County | Sales volume | Market share | |
---|---|---|---|
Bristol | 98 | 4.4% | |
Cornwall | 190 | 8.4% | |
Devon | 494 | 21.9% | |
Dorset | 259 | 11.5% | |
Gloucestershire | 421 | 18.7% | |
Somerset | 465 | 20.7% | |
Wiltshire | 324 | 14.4% |
shows a sales volume of new homes in a given price range between August 2024 - July 2025. See also South West property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £50k-£100k | 0.2% | 4 |
█ £100k-£150k | 1.0% | 22 |
█ £150k-£200k | 3.6% | 81 |
█ £200k-£250k | 9.2% | 206 |
█ £250k-£300k | 19.3% | 435 |
█ £300k-£400k | 32.7% | 735 |
█ £400k-£500k | 19.2% | 432 |
█ £500k-£750k | 12.7% | 287 |
█ £750k-£1M | 1.6% | 37 |
█ over £1M | 0.5% | 12 |
August 2024 - July 2025
August 2024 - July 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