The price of a newly built property is £341k in Somerset county. The price declined by £-36.0k (-10%) over the last twelve months. The price of an established property is £360k. There were 473 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 146 (30.9%) properties sold, followed by £250k-£300k price range with 130 (27.5%) properties sold. Most new homes were sold in BS29 6, with 40 sold to date from March 2024 - February 2025.
March 2024 - February 2025 | Somerset county | England & Wales |
---|---|---|
Average price of a new home | £341k | £379k |
Average price change | -10% £-36.0k | -4% £-17.8k |
March 2024 - February 2025
New or established | Average price |
---|---|
█ A newly built property | £341k |
█ An established property | £360k |
March 2024 - February 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 March 2024 - February 2025. See also Somerset property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £50k-£100k | 0.2% | 1 |
█ £100k-£150k | 2.3% | 11 |
█ £150k-£200k | 9.5% | 45 |
█ £200k-£250k | 7.0% | 33 |
█ £250k-£300k | 27.5% | 130 |
█ £300k-£400k | 30.9% | 146 |
█ £400k-£500k | 13.5% | 64 |
█ £500k-£750k | 6.8% | 32 |
█ £750k-£1M | 2.1% | 10 |
█ over £1M | 0.2% | 1 |
March 2024 - February 2025
March 2024 - February 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