South West newly built property prices

The price of a newly built property is £378k in South West region. The price declined by £-5.4k (-1%) over the last twelve months. The price of an established property is £355k. There were 2324 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 759 (32.7%) properties sold, followed by £250k-£300k price range with 466 (20.1%) properties sold. Most new homes were sold in Devon, with 569 sold to date from September 2024 - August 2025.

September 2024 - August 2025South West regionEngland & Wales
Average price of a new home£378k£388k

Average price change
-1%
£-5.4k
0%
£-1.5k

South West cost comparison of new homes and older homes

September 2024 - August 2025

South West cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£378k
An established property£355k

South West sales share of new homes and older homes

September 2024 - August 2025

South West sales share of new homes and older homes

3.3%

A newly built property

2.3k

96.7%

An established property

67.5k

69.8k

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
Bristol1054.5%
Cornwall1948.3%
Devon56924.5%
Dorset2229.6%
Gloucestershire43918.9%
Somerset47220.3%
Wiltshire32313.9%

South West new home sales share by price range

shows a sales volume of new homes in a given price range between September 2024 - August 2025. See also South West property sales reports.

South West new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k0.2%4
£100k-£150k1.5%35
£150k-£200k3.4%80
£200k-£250k9.0%208
£250k-£300k20.1%466
£300k-£400k32.7%759
£400k-£500k18.4%428
£500k-£750k12.7%295
£750k-£1M1.6%38
over £1M0.5%11

South West cost comparison of new houses and new flats

September 2024 - August 2025

South West cost comparison of new houses and new flats

£458k

Detached

£312k

Flat

£328k

Semi-Detached

£314k

Terraced

South West sales share of new houses and new flats

September 2024 - August 2025

South West sales share of new houses and new flats

41.4%

Detached

962

13.0%

Flat

303

31.3%

Semi-Detached

727

14.3%

Terraced

332

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

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

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