The price of a newly built property is £480k in South East region. The price increased by £25.4k (6%) over the last twelve months. The price of an established property is £447k. There were 2113 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 631 (29.9%) properties sold, followed by £400k-£500k price range with 503 (23.8%) properties sold. Most new homes were sold in Kent, with 458 sold to date from June 2023 - May 2024.
June 2023 - May 2024 | South East region | England & Wales |
---|---|---|
Average price of a new home | £480k | £384k |
Average price change | 6% £25.4k | 0% £-1.9k |
June 2023 - May 2024
New or established | Average price |
---|---|
█ A newly built property | £480k |
█ An established property | £447k |
June 2023 - May 2024
shows the total volume of new homes sold a given county.
County | Sales volume | Market share | |
---|---|---|---|
Berkshire | 361 | 17.1% | |
Buckinghamshire | 229 | 10.8% | |
East Sussex | 108 | 5.1% | |
Hampshire | 212 | 10% | |
Isle of Wight | 4 | 0.2% | |
Kent | 458 | 21.7% | |
Oxfordshire | 361 | 17.1% | |
Surrey | 159 | 7.5% | |
West Sussex | 221 | 10.5% |
shows a sales volume of new homes in a given price range between June 2023 - May 2024. See also South East property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £50k-£100k | 0.1% | 3 |
█ £100k-£150k | 0.3% | 7 |
█ £150k-£200k | 2.5% | 53 |
█ £200k-£250k | 4.3% | 91 |
█ £250k-£300k | 9.4% | 198 |
█ £300k-£400k | 22.0% | 464 |
█ £400k-£500k | 23.8% | 503 |
█ £500k-£750k | 29.9% | 631 |
█ £750k-£1M | 5.7% | 120 |
█ over £1M | 2.0% | 43 |
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