The price of a newly built property is £389k in South West region. The price increased by £22.2k (6%) over the last twelve months. The price of an established property is £359k. There were 1213 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 420 (34.6%) properties sold, followed by £400k-£500k price range with 236 (19.5%) properties sold. Most new homes were sold in Somerset, with 338 sold to date from June 2023 - May 2024.
| June 2023 - May 2024 | South West region | England & Wales |
|---|---|---|
| Average price of a new home | £389k | £384k |
Average price change | 6% £22.2k | 0% £-1.9k |
June 2023 - May 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £389k |
| █ An established property | £359k |
June 2023 - May 2024
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Bristol | 46 | 3.8% | |
| Cornwall | 92 | 7.6% | |
| Devon | 209 | 17.2% | |
| Dorset | 113 | 9.3% | |
| Gloucestershire | 282 | 23.2% | |
| Somerset | 338 | 27.9% | |
| Wiltshire | 133 | 11% | |
shows a sales volume of new homes in a given price range between June 2023 - May 2024. See also South West property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 0.1% | 1 |
| █ £50k-£100k | 0.2% | 2 |
| █ £100k-£150k | 1.6% | 20 |
| █ £150k-£200k | 3.2% | 39 |
| █ £200k-£250k | 6.4% | 78 |
| █ £250k-£300k | 17.6% | 214 |
| █ £300k-£400k | 34.6% | 420 |
| █ £400k-£500k | 19.5% | 236 |
| █ £500k-£750k | 14.0% | 170 |
| █ £750k-£1M | 2.4% | 29 |
| █ over £1M | 0.3% | 4 |
June 2023 - May 2024
June 2023 - May 2024
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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