The price of a newly built property is £415k in Somerset county. The price increased by £52.0k (14%) over the last twelve months. The price of an established property is £365k. There were 249 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 84 (33.7%) properties sold, followed by £500k-£750k price range with 47 (18.9%) properties sold. Most new homes were sold in BA2 5, with 27 sold to date from April 2023 - March 2024.
April 2023 - March 2024 | Somerset county | England & Wales |
---|---|---|
Average price of a new home | £415k | £403k |
Average price change | 14% £52.0k | 5% £19.8k |
April 2023 - March 2024
New or established | Average price |
---|---|
█ A newly built property | £415k |
█ An established property | £365k |
April 2023 - March 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 April 2023 - March 2024. See also Somerset property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £100k-£150k | 1.2% | 3 |
█ £150k-£200k | 2.4% | 6 |
█ £200k-£250k | 7.2% | 18 |
█ £250k-£300k | 13.7% | 34 |
█ £300k-£400k | 33.7% | 84 |
█ £400k-£500k | 18.5% | 46 |
█ £500k-£750k | 18.9% | 47 |
█ £750k-£1M | 4.4% | 11 |
April 2023 - March 2024
April 2023 - March 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