The price of a newly built property is £377k in South West region. The price declined by £-3.6k (-1%) over the last twelve months. The price of an established property is £351k. There were 1422 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 495 (34.8%) properties sold, followed by £250k-£300k price range with 307 (21.6%) properties sold. Most new homes were sold in Somerset, with 369 sold to date from December 2023 - November 2024.
| December 2023 - November 2024 | South West region | England & Wales |
|---|---|---|
| Average price of a new home | £377k | £377k |
Average price change | -1% £-3.6k | -5% £-20.2k |
December 2023 - November 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £377k |
| █ An established property | £351k |
December 2023 - November 2024
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Bristol | 59 | 4.1% | |
| Cornwall | 106 | 7.5% | |
| Devon | 251 | 17.7% | |
| Dorset | 134 | 9.4% | |
| Gloucestershire | 270 | 19% | |
| Somerset | 369 | 25.9% | |
| Wiltshire | 233 | 16.4% | |
shows a sales volume of new homes in a given price range between December 2023 - November 2024. See also South West property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 0.1% | 1 |
| █ £50k-£100k | 0.2% | 3 |
| █ £100k-£150k | 1.2% | 17 |
| █ £150k-£200k | 4.4% | 63 |
| █ £200k-£250k | 7.6% | 108 |
| █ £250k-£300k | 21.6% | 307 |
| █ £300k-£400k | 34.8% | 495 |
| █ £400k-£500k | 15.7% | 223 |
| █ £500k-£750k | 11.6% | 165 |
| █ £750k-£1M | 1.9% | 27 |
| █ over £1M | 0.9% | 13 |
December 2023 - November 2024
December 2023 - November 2024
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
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