The price of a newly built property is £362k in Somerset county. The price declined by £-17.2k (-5%) over the last twelve months. The price of an established property is £358k. There were 287 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 93 (32.4%) properties sold, followed by £250k-£300k price range with 74 (25.8%) properties sold. Most new homes were sold in BS29 6, with 36 sold to date from January 2024 - December 2024.
| January 2024 - December 2024 | Somerset county | England & Wales |
|---|---|---|
| Average price of a new home | £362k | £381k |
Average price change | -5% £-17.2k | -4% £-14.2k |
January 2024 - December 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £362k |
| █ An established property | £358k |
January 2024 - December 2024
shows the total volume of new homes sold a given postcode sector.
shows a sales volume of new homes in a given price range between January 2024 - December 2024. See also Somerset property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 0.7% | 2 |
| █ £100k-£150k | 1.0% | 3 |
| █ £150k-£200k | 7.3% | 21 |
| █ £200k-£250k | 6.6% | 19 |
| █ £250k-£300k | 25.8% | 74 |
| █ £300k-£400k | 32.4% | 93 |
| █ £400k-£500k | 11.8% | 34 |
| █ £500k-£750k | 11.1% | 32 |
| █ £750k-£1M | 2.4% | 7 |
| █ over £1M | 0.7% | 2 |
January 2024 - December 2024
January 2024 - December 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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