Somerset newly built property prices

The price of a newly built property is £377k in Somerset county. The price increased by £26.6k (8%) over the last twelve months. The price of an established property is £367k. There were 221 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 81 (36.7%) properties sold, followed by £250k-£300k price range with 38 (17.2%) properties sold. Most new homes were sold in TA20 1, with 27 sold to date from November 2022 - October 2023.

November 2022 - October 2023Somerset countyEngland & Wales
Average price of a new home£377k£424k

Average price change
8%
£26.6k
13%
£47.3k

Somerset cost comparison of new homes and older homes

November 2022 - October 2023

Somerset cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£377k
An established property£367k

Somerset sales share of new homes and older homes

November 2022 - October 2023

Somerset sales share of new homes and older homes

2.2%

A newly built property

221

97.8%

An established property

9.8k

10.1k

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 November 2022 - October 2023. See also Somerset property sales reports.

Somerset new home sales share by price range

Property price rangeMarket shareSales volume
£150k-£200k2.3%5
£200k-£250k12.2%27
£250k-£300k17.2%38
£300k-£400k36.7%81
£400k-£500k15.4%34
£500k-£750k15.4%34
£750k-£1M0.5%1
over £1M0.5%1

Somerset cost comparison of new houses and new flats

November 2022 - October 2023

Somerset cost comparison of new houses and new flats

£444k

Detached

£420k

Flat

£312k

Semi-Detached

£277k

Terraced

Somerset sales share of new houses and new flats

November 2022 - October 2023

Somerset sales share of new houses and new flats

46.6%

Detached

103

7.7%

Flat

17

31.7%

Semi-Detached

70

14.0%

Terraced

31

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

salary and unemployment

home features

crime statistics

home energy efficiency

energy costs

population statistics

plumplot area insights tutorial
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