The price of a newly built property is £376k in South West region. The price declined by £-8.8k (-2%) over the last twelve months. The price of an established property is £355k. There were 2353 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 823 (35.0%) properties sold, followed by £250k-£300k price range with 460 (19.5%) properties sold. Most new homes were sold in Somerset, with 517 sold to date from May 2024 - April 2025.
| May 2024 - April 2025 | South West region | England & Wales |
|---|---|---|
| Average price of a new home | £376k | £381k |
Average price change | -2% £-8.8k | -3% £-11.5k |
May 2024 - April 2025
| New or established | Average price |
|---|---|
| █ A newly built property | £376k |
| █ An established property | £355k |
May 2024 - April 2025
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Bristol | 75 | 3.2% | |
| Cornwall | 166 | 7.1% | |
| Devon | 487 | 20.7% | |
| Dorset | 258 | 11% | |
| Gloucestershire | 471 | 20% | |
| Somerset | 517 | 22% | |
| Wiltshire | 379 | 16.1% | |
shows a sales volume of new homes in a given price range between May 2024 - April 2025. See also South West property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £100k-£150k | 0.7% | 17 |
| █ £150k-£200k | 3.4% | 79 |
| █ £200k-£250k | 9.6% | 227 |
| █ £250k-£300k | 19.5% | 460 |
| █ £300k-£400k | 35.0% | 823 |
| █ £400k-£500k | 19.0% | 448 |
| █ £500k-£750k | 10.7% | 252 |
| █ £750k-£1M | 1.4% | 32 |
| █ over £1M | 0.6% | 15 |
May 2024 - April 2025
May 2024 - April 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
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