South East newly built property prices

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 2024South East regionEngland & Wales
Average price of a new home£480k£384k

Average price change
6%
£25.4k
0%
£-1.9k

South East cost comparison of new homes and older homes

June 2023 - May 2024

South East cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£480k
An established property£447k

South East sales share of new homes and older homes

June 2023 - May 2024

South East sales share of new homes and older homes

2.6%

A newly built property

2.1k

97.4%

An established property

79.2k

81.3k

total sales volume

South East map of sales of new properties

shows the total volume of new homes sold a given county.

South East map of sales of new properties

CountySales volumeMarket share
Berkshire36117.1%
Buckinghamshire22910.8%
East Sussex1085.1%
Hampshire21210%
Isle of Wight40.2%
Kent45821.7%
Oxfordshire36117.1%
Surrey1597.5%
West Sussex22110.5%

South East new home sales share by price range

shows a sales volume of new homes in a given price range between June 2023 - May 2024. See also South East property sales reports.

South East new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k0.1%3
£100k-£150k0.3%7
£150k-£200k2.5%53
£200k-£250k4.3%91
£250k-£300k9.4%198
£300k-£400k22.0%464
£400k-£500k23.8%503
£500k-£750k29.9%631
£750k-£1M5.7%120
over £1M2.0%43

South East cost comparison of new houses and new flats

June 2023 - May 2024

South East cost comparison of new houses and new flats

£595k

Detached

£332k

Flat

£432k

Semi-Detached

£449k

Terraced

South East sales share of new houses and new flats

June 2023 - May 2024

South East sales share of new houses and new flats

43.4%

Detached

916

23.9%

Flat

505

24.4%

Semi-Detached

515

8.4%

Terraced

177

South East real new home prices

Yearly average nominal house prices adjusted for inflation

South East real new home prices

South East new home prices compared to England & Wales' new home prices

Yearly average nominal prices

South East new home prices

South East new home prices and nearby regions

Yearly average nominal prices

South East new home prices and nearby regions

South East house prices new vs established

Yearly average nominal prices

South East house prices new vs established

South East annual sales of new homes and older homes

Total sales volumes by year

South East 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 South East region

house prices

house prices per square metre

property transactions

crime statistics

population statistics

home energy efficiency

home features

salary and unemployment

energy costs

plumplot area insights tutorial
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