The price of a newly built property is £383k in South West region. The price increased by £1.9k (0%) over the last twelve months. The price of an established property is £354k. There were 2411 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 806 (33.4%) properties sold, followed by £400k-£500k price range with 481 (20.0%) properties sold. Most new homes were sold in Devon, with 552 sold to date from June 2024 - May 2025.
June 2024 - May 2025 | South West region | England & Wales |
---|---|---|
Average price of a new home | £383k | £384k |
Average price change | 0% £1.9k | -2% £-6.6k |
June 2024 - May 2025
New or established | Average price |
---|---|
█ A newly built property | £383k |
█ An established property | £354k |
June 2024 - May 2025
shows the total volume of new homes sold a given county.
County | Sales volume | Market share | |
---|---|---|---|
Bristol | 84 | 3.5% | |
Cornwall | 178 | 7.4% | |
Devon | 552 | 22.9% | |
Dorset | 260 | 10.8% | |
Gloucestershire | 469 | 19.5% | |
Somerset | 496 | 20.6% | |
Wiltshire | 372 | 15.4% |
shows a sales volume of new homes in a given price range between June 2024 - May 2025. See also South West property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £100k-£150k | 0.6% | 14 |
█ £150k-£200k | 3.3% | 80 |
█ £200k-£250k | 9.7% | 233 |
█ £250k-£300k | 18.8% | 454 |
█ £300k-£400k | 33.4% | 806 |
█ £400k-£500k | 20.0% | 481 |
█ £500k-£750k | 11.6% | 280 |
█ £750k-£1M | 1.9% | 46 |
█ over £1M | 0.7% | 17 |
June 2024 - May 2025
June 2024 - May 2025
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