South East newly built property prices

The price of a newly built property is £465k in South East region. The price increased by £7.0k (2%) over the last twelve months. The price of an established property is £436k. There were 2180 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 586 (26.9%) properties sold, followed by £500k-£750k price range with 582 (26.7%) properties sold. Most new homes were sold in Kent, with 557 sold to date from January 2024 - December 2024.

January 2024 - December 2024South East regionEngland & Wales
Average price of a new home£465k£381k

Average price change
2%
£7.0k
-4%
£-14.2k

South East cost comparison of new homes and older homes

January 2024 - December 2024

South East cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£465k
An established property£436k

South East sales share of new homes and older homes

January 2024 - December 2024

South East sales share of new homes and older homes

2.3%

A newly built property

2.2k

97.7%

An established property

92.1k

94.3k

total sales volume

South East map of sales of new properties

shows the total volume of new homes sold a given county.

South East map of sales of new properties

CountySales volumeMarket share
Berkshire24111.1%
Buckinghamshire27912.8%
East Sussex1044.8%
Hampshire28513.1%
Isle of Wight10%
Kent55725.6%
Oxfordshire31214.3%
Surrey1376.3%
West Sussex26412.1%

South East new home sales share by price range

shows a sales volume of new homes in a given price range between January 2024 - December 2024. See also South East property sales reports.

South East new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k0.0%1
£100k-£150k0.4%8
£150k-£200k1.8%39
£200k-£250k5.9%128
£250k-£300k7.8%170
£300k-£400k26.9%586
£400k-£500k24.1%525
£500k-£750k26.7%582
£750k-£1M4.9%107
over £1M1.6%34

South East cost comparison of new houses and new flats

January 2024 - December 2024

South East cost comparison of new houses and new flats

£583k

Detached

£322k

Flat

£414k

Semi-Detached

£419k

Terraced

South East sales share of new houses and new flats

January 2024 - December 2024

South East sales share of new houses and new flats

41.3%

Detached

901

21.0%

Flat

457

27.7%

Semi-Detached

604

10.0%

Terraced

218

South East real new home prices

Yearly average nominal house prices adjusted for inflation

South East real new home prices

South East new home prices compared to England & Wales' new home prices

Yearly average nominal prices

South East new home prices

South East new home prices and nearby regions

Yearly average nominal prices

South East new home prices and nearby regions

South East house prices new vs established

Yearly average nominal prices

South East house prices new vs established

South East annual sales of new homes and older homes

Total sales volumes by year

South East annual sales of new homes and older homes

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

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