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 2025 | Somerset county | England & Wales |
---|---|---|
Average price of a new home | £336k | £377k |
Average price change | -12% £-44.3k | -5% £-18.9k |
February 2024 - January 2025
New or established | Average price |
---|---|
█ A newly built property | £336k |
█ An established property | £357k |
February 2024 - January 2025
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 February 2024 - January 2025. See also Somerset property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £50k-£100k | 0.5% | 2 |
█ £100k-£150k | 2.0% | 8 |
█ £150k-£200k | 9.2% | 36 |
█ £200k-£250k | 8.1% | 32 |
█ £250k-£300k | 30.3% | 119 |
█ £300k-£400k | 30.0% | 118 |
█ £400k-£500k | 10.4% | 41 |
█ £500k-£750k | 7.1% | 28 |
█ £750k-£1M | 2.0% | 8 |
█ over £1M | 0.3% | 1 |
February 2024 - January 2025
February 2024 - January 2025
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