The price of a newly built property is £363k in Somerset county. The price declined by £-3.1k (-1%) over the last twelve months. The price of an established property is £361k. There were 517 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 170 (32.9%) properties sold, followed by £250k-£300k price range with 113 (21.9%) properties sold. Most new homes were sold in BS29 6, with 39 sold to date from May 2024 - April 2025.
May 2024 - April 2025 | Somerset county | England & Wales |
---|---|---|
Average price of a new home | £363k | £381k |
Average price change | -1% £-3.1k | -3% £-11.5k |
May 2024 - April 2025
New or established | Average price |
---|---|
█ A newly built property | £363k |
█ An established property | £361k |
May 2024 - April 2025
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 May 2024 - April 2025. See also Somerset property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £100k-£150k | 1.7% | 9 |
█ £150k-£200k | 6.8% | 35 |
█ £200k-£250k | 8.3% | 43 |
█ £250k-£300k | 21.9% | 113 |
█ £300k-£400k | 32.9% | 170 |
█ £400k-£500k | 16.4% | 85 |
█ £500k-£750k | 9.7% | 50 |
█ £750k-£1M | 1.7% | 9 |
█ over £1M | 0.6% | 3 |
May 2024 - April 2025
May 2024 - April 2025
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