The price of a newly built property is £384k in Somerset county. The price increased by £25.9k (7%) over the last twelve months. The price of an established property is £366k. There were 190 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 71 (37.4%) properties sold, followed by £400k-£500k price range with 34 (17.9%) properties sold. Most new homes were sold in BS27 3, with 27 sold to date from March 2023 - February 2024.
March 2023 - February 2024 | Somerset county | England & Wales |
---|---|---|
Average price of a new home | £384k | £431k |
Average price change | 7% £25.9k | 13% £50.0k |
March 2023 - February 2024
New or established | Average price |
---|---|
█ A newly built property | £384k |
█ An established property | £366k |
March 2023 - February 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 March 2023 - February 2024. See also Somerset property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £100k-£150k | 1.1% | 2 |
█ £150k-£200k | 2.6% | 5 |
█ £200k-£250k | 8.9% | 17 |
█ £250k-£300k | 14.7% | 28 |
█ £300k-£400k | 37.4% | 71 |
█ £400k-£500k | 17.9% | 34 |
█ £500k-£750k | 16.3% | 31 |
█ £750k-£1M | 1.1% | 2 |
March 2023 - February 2024
March 2023 - February 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