Somerset newly built property prices

The price of a newly built property is £336k in Somerset county. The price declined by £-44.3k (-12%) over the last twelve months. The price of an established property is £357k. There were 393 sales of newly build properties. Most new properties were sold in the £250k-£300k price range with 119 (30.3%) properties sold, followed by £300k-£400k price range with 118 (30.0%) properties sold. Most new homes were sold in BS29 6, with 37 sold to date from February 2024 - January 2025.

February 2024 - January 2025Somerset countyEngland & Wales
Average price of a new home£336k£377k

Average price change
-12%
£-44.3k
-5%
£-18.9k

Somerset cost comparison of new homes and older homes

February 2024 - January 2025

Somerset cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£336k
An established property£357k

Somerset sales share of new homes and older homes

February 2024 - January 2025

Somerset sales share of new homes and older homes

3.4%

A newly built property

393

96.6%

An established property

11.2k

11.6k

total sales volume

Somerset map of sales of new properties

shows the total volume of new homes sold a given postcode sector.

Somerset map of sales of new properties

Somerset new home sales share by price range

shows a sales volume of new homes in a given price range between February 2024 - January 2025. See also Somerset property sales reports.

Somerset new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k0.5%2
£100k-£150k2.0%8
£150k-£200k9.2%36
£200k-£250k8.1%32
£250k-£300k30.3%119
£300k-£400k30.0%118
£400k-£500k10.4%41
£500k-£750k7.1%28
£750k-£1M2.0%8
over £1M0.3%1

Somerset cost comparison of new houses and new flats

February 2024 - January 2025

Somerset cost comparison of new houses and new flats

£421k

Detached

£261k

Flat

£306k

Semi-Detached

£297k

Terraced

Somerset sales share of new houses and new flats

February 2024 - January 2025

Somerset sales share of new houses and new flats

33.3%

Detached

131

16.5%

Flat

65

37.9%

Semi-Detached

149

12.2%

Terraced

48

Somerset real new home prices

Yearly average nominal house prices adjusted for inflation

Somerset real new home prices

Somerset new home prices compared to England & Wales' new home prices

Yearly average nominal prices

Somerset new home prices

Somerset new home prices and nearby counties

Yearly average nominal prices

Somerset new home prices and nearby counties

Somerset house prices new vs established

Yearly average nominal prices

Somerset house prices new vs established

Somerset annual sales of new homes and older homes

Total sales volumes by year

Somerset 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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