Somerset newly built property prices

The price of a newly built property is £334k in Somerset county. The price increased by £7.3k (2%) over the last twelve months. The price of an established property is £320k. There were 553 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 132 (23.9%) properties sold, followed by £200k-£250k price range with 119 (21.5%) properties sold. Most new homes were sold in TA21 8, with 40 sold to date from March 2020 - February 2021.

March 2020 - February 2021

Somerset countyEngland and Wales

£334k

average price of a new property

£362k

average price of a new property

2%

average price percentage change

5%

average price percentage change

£7.3k

average price change

£17.7k

average price change

Somerset cost comparison of new homes and older homes

March 2020 - February 2021

Somerset cost comparison of new homes and older homes

£334k

A newly built property

£320k

An established property

Somerset sales share of new homes and older homes

March 2020 - February 2021

Somerset sales share of new homes and older homes

5.2%

A newly built property

553

94.8%

An established property

10.1k

10.6k

total sales volume

Somerset map of sales of new properties

shows the total volume of new homes sold a given postcode sector.

Somerset map of sales of new properties

Somerset new home sales share by price range

shows a sales volume of new homes in a given price range between March 2020 - February 2021. See also Somerset property sales reports.

Somerset new home sales share by price range

Property price rangeMarket shareSales volume
£100k-£150k3.1%17
£150k-£200k10.5%58
£200k-£250k21.5%119
£250k-£300k19.7%109
£300k-£400k23.9%132
£400k-£500k11.8%65
£500k-£750k5.6%31
£750k-£1M2.4%13
over £1M1.6%9

Somerset cost comparison of new houses and new flats

March 2020 - February 2021

Somerset cost comparison of new houses and new flats

£391k

Detached

£299k

Flat

£270k

Semi-Detached

£306k

Terraced

Somerset sales share of new houses and new flats

March 2020 - February 2021

Somerset sales share of new houses and new flats

43.9%

Detached

243

16.1%

Flat

89

23.3%

Semi-Detached

129

16.6%

Terraced

92

Somerset real new home prices

Yearly average nominal house prices adjusted for inflation

Somerset real new home prices

Somerset new home prices compared to England & Wales' new home prices

Yearly average nominal prices

Somerset new home prices

Somerset new home prices and nearby counties

Yearly average nominal prices

Somerset new home prices and nearby counties

Somerset house prices new vs established

Yearly average nominal prices

Somerset house prices new vs established

Somerset annual sales of new homes and older homes

Total sales volumes by year

Somerset annual sales of new homes and older homes

Other reports for Somerset county

house prices

property transactions

salary and unemployment

home features

population statistics

crime statistics

home energy certificates

energy costs

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