The average property price in South West region is £352k, the median price is £300k. The average price declined by -£5.9k (-2%) over the last twelve months. The price of an established property is £351k. The price of a newly built property is £391k. There were 73.1k property sales and sales dropped by 18.8% (-18.4k transactions). Most properties were sold in the £300k-£400k price range with 16955 (23.2%) properties sold, followed by £250k-£300k price range with 11816 (16.2%) properties sold.
| September 2025 - August 2026 | South West region | England & Wales |
|---|---|---|
| Average price | █ £352k | █ £350k |
| Median price | █ £300k | █ £280k |
shows a number of properties sold in a given price range between September 2025 - August 2026.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 0.1% | 74 |
| █ £50k-£100k | 2.2% | 1.6k |
| █ £100k-£150k | 6.0% | 4.4k |
| █ £150k-£200k | 10.7% | 7.8k |
| █ £200k-£250k | 14.8% | 10.8k |
| █ £250k-£300k | 16.2% | 11.8k |
| █ £300k-£400k | 23.2% | 17.0k |
| █ £400k-£500k | 12.0% | 8.8k |
| █ £500k-£750k | 10.4% | 7.6k |
| █ £750k-£1M | 2.9% | 2.1k |
| █ over £1M | 1.5% | 1.1k |
This price map shows the average property price in a given county. The most affordable place is 'Devon' with the average price of £315k. The most expensive place is 'Bristol', £388k.
| county | Average price | % of South West avg. price (£352k) | |
|---|---|---|---|
| Bristol | £388k | 110% | |
| Cornwall | £331k | 94% | |
| Devon | £315k | 89% | |
| Dorset | £379k | 108% | |
| Gloucestershire | £379k | 108% | |
| Somerset | £356k | 101% | |
| Wiltshire | £338k | 96% | |
Comparison of the average property price and an average price percentage change by region. Price % change compares the average property price between September 2025 - August 2026 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in region.
Average price percentage changeWith the average price of £352k, South West is the 4. most pricey region out of 10 England and Wales' regions.
| Rank | region | Average price |
|---|---|---|
| 1. | London | £653k |
| 2. | South East | £440k |
| 3. | East of England | £388k |
| 4. | South West | £352k |
| 5. | West Midlands | £282k |
| 6. | East Midlands | £265k |
| 7. | North West | £252k |
| 8. | Wales | £243k |
| 9. | Yorkshire | £240k |
| 10. | North East | £192k |
Yearly average nominal house prices adjusted for inflation.
| Year | South West region | England & Wales |
|---|---|---|
| 2026 | £346k | £341k |
| 2025 | £371k | £374k |
| 2024 | £386k | £386k |
| 2023 | £427k | £421k |
| 2022 | £479k | £476k |
| 2021 | £464k | £468k |
| 2020 | £442k | £448k |
| 2019 | £417k | £423k |
| 2018 | £426k | £435k |
| 2017 | £427k | £444k |
| 2016 | £412k | £437k |
| 2015 | £394k | £423k |
| 2014 | £384k | £416k |
| 2013 | £378k | £409k |
| 2012 | £385k | £407k |
| 2011 | £403k | £419k |
| 2010 | £432k | £446k |
| 2009 | £396k | £401k |
| 2008 | £434k | £423k |
| 2007 | £466k | £448k |
| 2006 | £440k | £427k |
| 2005 | £428k | £409k |
| 2004 | £424k | £397k |
| 2003 | £387k | £357k |
| 2002 | £336k | £321k |
| 2001 | £282k | £282k |
| 2000 | £256k | £262k |
| 1999 | £224k | £238k |
| 1998 | £207k | £219k |
| 1997 | £197k | £207k |
| 1996 | £184k | £193k |
| 1995 | £184k | £190k |
Yearly average nominal prices compared to England & Wales' house prices
| Year | South West region | England & Wales |
|---|---|---|
| 2026 | £346k | £341k |
| 2025 | £357k | £359k |
| 2024 | £358k | £358k |
| 2023 | £362k | £357k |
| 2022 | £363k | £361k |
| 2021 | £339k | £342k |
| 2020 | £316k | £320k |
| 2019 | £292k | £296k |
| 2018 | £288k | £294k |
| 2017 | £279k | £290k |
| 2016 | £264k | £280k |
| 2015 | £251k | £270k |
| 2014 | £238k | £258k |
| 2013 | £228k | £247k |
| 2012 | £225k | £238k |
| 2011 | £224k | £233k |
| 2010 | £229k | £236k |
| 2009 | £211k | £213k |
| 2008 | £222k | £217k |
| 2007 | £228k | £219k |
| 2006 | £210k | £204k |
| 2005 | £198k | £189k |
| 2004 | £191k | £179k |
| 2003 | £169k | £156k |
| 2002 | £144k | £138k |
| 2001 | £119k | £119k |
| 2000 | £105k | £108k |
| 1999 | £90.5k | £96.0k |
| 1998 | £80.9k | £85.4k |
| 1997 | £74.5k | £78.5k |
| 1996 | £68.3k | £71.5k |
| 1995 | £65.8k | £67.9k |
Yearly average nominal prices
| region | Current avg. price | 5Y Change | 10Y Change | 20Y Change | 30Y Change |
|---|---|---|---|---|---|
| South East | £430k | -0.4% | 22.4% | 74.2% | 399.2% |
| South West | £346k | 2.0% | 30.9% | 64.8% | 406.1% |
| Wales | £240k | 9.8% | 41.6% | 57.1% | 361.9% |
| West Midlands | £278k | 6.7% | 38.0% | 65.0% | 354.9% |
Yearly average nominal prices
| Property type | Current avg. price | 5Y Change | 10Y Change | 20Y Change | 30Y Change |
|---|---|---|---|---|---|
| Detached | £509k | 4.0% | 33.9% | 64.5% | 409.3% |
| Flat | £206k | -7.6% | 11.4% | 33.8% | 326.5% |
| Semi-Detached | £330k | 8.6% | 34.4% | 71.1% | 453.7% |
| Terraced | £289k | 5.2% | 31.5% | 69.1% | 489.4% |
| Region | Ratio in 2024 |
|---|---|
| Wales | 5.8 |
| East Midlands | 6.9 |
| West Midlands | 6.9 |
| England and Wales | 7.54 |
| South West | 8.4 |
| South East | 9.3 |
| London | 11.7 |
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