South West newly built property prices

The price of a newly built property is £321k in South West region. The price increased by £5.9k (2%) over the last twelve months. The price of an established property is £319k. There were 3496 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 973 (27.8%) properties sold, followed by £250k-£300k price range with 711 (20.3%) properties sold. Most new homes were sold in Devon, with 780 sold to date from March 2020 - February 2021.

March 2020 - February 2021

South West regionEngland and Wales

£321k

average price of a new property

£362k

average price of a new property

2%

average price percentage change

5%

average price percentage change

£5.9k

average price change

£17.7k

average price change

South West cost comparison of new homes and older homes

March 2020 - February 2021

South West cost comparison of new homes and older homes

£321k

A newly built property

£319k

An established property

South West sales share of new homes and older homes

March 2020 - February 2021

South West sales share of new homes and older homes

5.5%

A newly built property

3.5k

94.5%

An established property

60.4k

63.9k

total sales volume

South West map of sales of new properties

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

South West map of sales of new properties

CountySales volumeMarket share
Bristol1835.2%
Cornwall3359.6%
Devon78022.3%
Dorset35810.2%
Gloucestershire67019.2%
Somerset55315.8%
Wiltshire61717.6%

South West new home sales share by price range

shows a sales volume of new homes in a given price range between March 2020 - February 2021. See also South West property sales reports.

South West new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k0.5%17
£100k-£150k5.5%192
£150k-£200k9.1%317
£200k-£250k17.2%603
£250k-£300k20.3%711
£300k-£400k27.8%973
£400k-£500k11.2%390
£500k-£750k6.9%240
£750k-£1M1.2%41
over £1M0.3%12

South West cost comparison of new houses and new flats

March 2020 - February 2021

South West cost comparison of new houses and new flats

£400k

Detached

£240k

Flat

£282k

Semi-Detached

£278k

Terraced

South West sales share of new houses and new flats

March 2020 - February 2021

South West sales share of new houses and new flats

40.6%

Detached

1.4k

18.5%

Flat

647

25.0%

Semi-Detached

875

15.9%

Terraced

556

South West real new home prices

Yearly average nominal house prices adjusted for inflation

South West real new home prices

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

Yearly average nominal prices

South West new home prices

South West new home prices and nearby regions

Yearly average nominal prices

South West new home prices and nearby regions

South West house prices new vs established

Yearly average nominal prices

South West house prices new vs established

South West annual sales of new homes and older homes

Total sales volumes by year

South West annual sales of new homes and older homes

Other reports for South West region

house prices

property transactions

salary and unemployment

home features

population statistics

crime statistics

home energy certificates

energy costs

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