The price of a newly built property is £371k in Somerset county. The price declined by £-1.9k (-1%) over the last twelve months. The price of an established property is £360k. There were 271 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 97 (35.8%) properties sold, followed by £250k-£300k price range with 65 (24.0%) properties sold. Most new homes were sold in BS29 6, with 24 sold to date from October 2023 - September 2024.
October 2023 - September 2024 | Somerset county | England & Wales |
---|---|---|
Average price of a new home | £371k | £373k |
Average price change | -1% £-1.9k | -5% £-20.3k |
October 2023 - September 2024
New or established | Average price |
---|---|
█ A newly built property | £371k |
█ An established property | £360k |
October 2023 - September 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 October 2023 - September 2024. See also Somerset property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £50k-£100k | 0.4% | 1 |
█ £100k-£150k | 1.5% | 4 |
█ £150k-£200k | 3.3% | 9 |
█ £200k-£250k | 7.4% | 20 |
█ £250k-£300k | 24.0% | 65 |
█ £300k-£400k | 35.8% | 97 |
█ £400k-£500k | 12.5% | 34 |
█ £500k-£750k | 12.5% | 34 |
█ £750k-£1M | 2.2% | 6 |
█ over £1M | 0.4% | 1 |
October 2023 - September 2024
October 2023 - September 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