Somerset newly built property prices

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 2024Somerset countyEngland & Wales
Average price of a new home£371k£373k

Average price change
-1%
£-1.9k
-5%
£-20.3k

Somerset cost comparison of new homes and older homes

October 2023 - September 2024

Somerset cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£371k
An established property£360k

Somerset sales share of new homes and older homes

October 2023 - September 2024

Somerset sales share of new homes and older homes

2.8%

A newly built property

271

97.2%

An established property

9.5k

9.7k

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 October 2023 - September 2024. See also Somerset property sales reports.

Somerset new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k0.4%1
£100k-£150k1.5%4
£150k-£200k3.3%9
£200k-£250k7.4%20
£250k-£300k24.0%65
£300k-£400k35.8%97
£400k-£500k12.5%34
£500k-£750k12.5%34
£750k-£1M2.2%6
over £1M0.4%1

Somerset cost comparison of new houses and new flats

October 2023 - September 2024

Somerset cost comparison of new houses and new flats

£451k

Detached

£278k

Flat

£310k

Semi-Detached

£309k

Terraced

Somerset sales share of new houses and new flats

October 2023 - September 2024

Somerset sales share of new houses and new flats

45.0%

Detached

122

7.4%

Flat

20

34.7%

Semi-Detached

94

12.9%

Terraced

35

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

crime statistics

home features

home energy efficiency

salary and unemployment

energy costs

plumplot area insights tutorial
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