The price of a newly built property is £394k in Somerset county. The price increased by £27.4k (7%) over the last twelve months. The price of an established property is £364k. There were 338 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 122 (36.1%) properties sold, followed by £400k-£500k price range with 63 (18.6%) properties sold. Most new homes were sold in BS48 4, with 39 sold to date from June 2023 - May 2024.
| June 2023 - May 2024 | Somerset county | England & Wales |
|---|---|---|
| Average price of a new home | £394k | £384k |
Average price change | 7% £27.4k | 0% £-1.9k |
June 2023 - May 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £394k |
| █ An established property | £364k |
June 2023 - May 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 June 2023 - May 2024. See also Somerset property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £100k-£150k | 0.9% | 3 |
| █ £150k-£200k | 3.6% | 12 |
| █ £200k-£250k | 6.5% | 22 |
| █ £250k-£300k | 17.2% | 58 |
| █ £300k-£400k | 36.1% | 122 |
| █ £400k-£500k | 18.6% | 63 |
| █ £500k-£750k | 13.9% | 47 |
| █ £750k-£1M | 3.3% | 11 |
June 2023 - May 2024
June 2023 - May 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
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