The price of a newly built property is £378k in Somerset county. The price increased by £5.4k (1%) over the last twelve months. The price of an established property is £364k. There were 299 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 115 (38.5%) properties sold, followed by £250k-£300k price range with 73 (24.4%) properties sold. Most new homes were sold in BS48 4, with 30 sold to date from August 2023 - July 2024.
August 2023 - July 2024 | Somerset county | England & Wales |
---|---|---|
Average price of a new home | £378k | £378k |
Average price change | 1% £5.4k | -4% £-15.0k |
August 2023 - July 2024
New or established | Average price |
---|---|
█ A newly built property | £378k |
█ An established property | £364k |
August 2023 - July 2024
shows the total volume of new homes sold a given postcode sector.
shows a sales volume of new homes in a given price range between August 2023 - July 2024. See also Somerset property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £100k-£150k | 0.7% | 2 |
█ £150k-£200k | 2.0% | 6 |
█ £200k-£250k | 5.4% | 16 |
█ £250k-£300k | 24.4% | 73 |
█ £300k-£400k | 38.5% | 115 |
█ £400k-£500k | 14.0% | 42 |
█ £500k-£750k | 12.4% | 37 |
█ £750k-£1M | 2.7% | 8 |
August 2023 - July 2024
August 2023 - July 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