Somerset newly built property prices

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 2024Somerset countyEngland & Wales
Average price of a new home£415k£403k

Average price change
14%
£52.0k
5%
£19.8k

Somerset cost comparison of new homes and older homes

April 2023 - March 2024

Somerset cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£415k
An established property£365k

Somerset sales share of new homes and older homes

April 2023 - March 2024

Somerset sales share of new homes and older homes

2.6%

A newly built property

249

97.4%

An established property

9.1k

9.4k

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 April 2023 - March 2024. See also Somerset property sales reports.

Somerset new home sales share by price range

Property price rangeMarket shareSales volume
£100k-£150k1.2%3
£150k-£200k2.4%6
£200k-£250k7.2%18
£250k-£300k13.7%34
£300k-£400k33.7%84
£400k-£500k18.5%46
£500k-£750k18.9%47
£750k-£1M4.4%11

Somerset cost comparison of new houses and new flats

April 2023 - March 2024

Somerset cost comparison of new houses and new flats

£481k

Detached

£258k

Flat

£387k

Semi-Detached

£297k

Terraced

Somerset sales share of new houses and new flats

April 2023 - March 2024

Somerset sales share of new houses and new flats

54.2%

Detached

135

9.2%

Flat

23

24.1%

Semi-Detached

60

12.4%

Terraced

31

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

Other reports for Somerset county

house prices

house prices per square metre

property transactions

population statistics

salary and unemployment

crime statistics

home energy efficiency

energy costs

home features

plumplot area insights tutorial
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