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 2024 | Somerset county | England & Wales |
---|---|---|
Average price of a new home | £392k | £421k |
Average price change | 9% £33.2k | 11% £40.0k |
February 2023 - January 2024
New or established | Average price |
---|---|
█ A newly built property | £392k |
█ An established property | £367k |
February 2023 - January 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 February 2023 - January 2024. See also Somerset property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £150k-£200k | 3.8% | 7 |
█ £200k-£250k | 9.2% | 17 |
█ £250k-£300k | 14.6% | 27 |
█ £300k-£400k | 34.1% | 63 |
█ £400k-£500k | 18.9% | 35 |
█ £500k-£750k | 18.4% | 34 |
█ £750k-£1M | 1.1% | 2 |
February 2023 - January 2024
February 2023 - January 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