The price of a newly built property is £362k in Somerset county. The price declined by £-11.0k (-3%) over the last twelve months. The price of an established property is £356k. There were 281 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 95 (33.8%) properties sold, followed by £250k-£300k price range with 78 (27.8%) properties sold. Most new homes were sold in BS29 6, with 25 sold to date from November 2023 - October 2024.
November 2023 - October 2024 | Somerset county | England & Wales |
---|---|---|
Average price of a new home | £362k | £381k |
Average price change | -3% £-11.0k | -4% £-16.5k |
November 2023 - October 2024
New or established | Average price |
---|---|
█ A newly built property | £362k |
█ An established property | £356k |
November 2023 - October 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 November 2023 - October 2024. See also Somerset property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £50k-£100k | 0.7% | 2 |
█ £100k-£150k | 3.2% | 9 |
█ £150k-£200k | 3.2% | 9 |
█ £200k-£250k | 7.1% | 20 |
█ £250k-£300k | 27.8% | 78 |
█ £300k-£400k | 33.8% | 95 |
█ £400k-£500k | 10.7% | 30 |
█ £500k-£750k | 11.0% | 31 |
█ £750k-£1M | 1.8% | 5 |
█ over £1M | 0.7% | 2 |
November 2023 - October 2024
November 2023 - October 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