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 2023 | Somerset county | England & Wales |
|---|---|---|
| Average price of a new home | £377k | £424k |
Average price change | 8% £26.6k | 13% £47.3k |
November 2022 - October 2023
| New or established | Average price |
|---|---|
| █ A newly built property | £377k |
| █ An established property | £367k |
November 2022 - October 2023
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 November 2022 - October 2023. See also Somerset property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £150k-£200k | 2.3% | 5 |
| █ £200k-£250k | 12.2% | 27 |
| █ £250k-£300k | 17.2% | 38 |
| █ £300k-£400k | 36.7% | 81 |
| █ £400k-£500k | 15.4% | 34 |
| █ £500k-£750k | 15.4% | 34 |
| █ £750k-£1M | 0.5% | 1 |
| █ over £1M | 0.5% | 1 |
November 2022 - October 2023
November 2022 - October 2023
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
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