Somerset newly built property prices

The price of a newly built property is £392k in Somerset county. The price increased by £33.2k (9%) over the last twelve months. The price of an established property is £367k. There were 185 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 63 (34.1%) properties sold, followed by £400k-£500k price range with 35 (18.9%) properties sold. Most new homes were sold in BS27 3, with 30 sold to date from February 2023 - January 2024.

February 2023 - January 2024Somerset countyEngland & Wales
Average price of a new home£392k£421k

Average price change
9%
£33.2k
11%
£40.0k

Somerset cost comparison of new homes and older homes

February 2023 - January 2024

Somerset cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£392k
An established property£367k

Somerset sales share of new homes and older homes

February 2023 - January 2024

Somerset sales share of new homes and older homes

1.9%

A newly built property

185

98.1%

An established property

9.3k

9.5k

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 February 2023 - January 2024. See also Somerset property sales reports.

Somerset new home sales share by price range

Property price rangeMarket shareSales volume
£150k-£200k3.8%7
£200k-£250k9.2%17
£250k-£300k14.6%27
£300k-£400k34.1%63
£400k-£500k18.9%35
£500k-£750k18.4%34
£750k-£1M1.1%2

Somerset cost comparison of new houses and new flats

February 2023 - January 2024

Somerset cost comparison of new houses and new flats

£469k

Detached

£254k

Flat

£366k

Semi-Detached

£248k

Terraced

Somerset sales share of new houses and new flats

February 2023 - January 2024

Somerset sales share of new houses and new flats

49.2%

Detached

91

11.4%

Flat

21

29.2%

Semi-Detached

54

10.3%

Terraced

19

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

home features

salary and unemployment

home energy efficiency

crime statistics

population statistics

energy costs

plumplot area insights tutorial
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