Somerset newly built property prices

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 2024Somerset countyEngland & Wales
Average price of a new home£378k£378k

Average price change
1%
£5.4k
-4%
£-15.0k

Somerset cost comparison of new homes and older homes

August 2023 - July 2024

Somerset cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£378k
An established property£364k

Somerset sales share of new homes and older homes

August 2023 - July 2024

Somerset sales share of new homes and older homes

3.0%

A newly built property

299

97.0%

An established property

9.6k

9.9k

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 August 2023 - July 2024. See also Somerset property sales reports.

Somerset new home sales share by price range

Property price rangeMarket shareSales volume
£100k-£150k0.7%2
£150k-£200k2.0%6
£200k-£250k5.4%16
£250k-£300k24.4%73
£300k-£400k38.5%115
£400k-£500k14.0%42
£500k-£750k12.4%37
£750k-£1M2.7%8

Somerset cost comparison of new houses and new flats

August 2023 - July 2024

Somerset cost comparison of new houses and new flats

£450k

Detached

£255k

Flat

£321k

Semi-Detached

£289k

Terraced

Somerset sales share of new houses and new flats

August 2023 - July 2024

Somerset sales share of new houses and new flats

49.5%

Detached

148

3.3%

Flat

10

33.4%

Semi-Detached

100

13.7%

Terraced

41

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

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

Other reports for Somerset county

house prices

house prices per square metre

property transactions

population statistics

home energy efficiency

energy costs

crime statistics

salary and unemployment

home features

plumplot area insights tutorial
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