The price of a newly built property is £367k in South West region. The price declined by £-19.0k (-5%) over the last twelve months. The price of an established property is £353k. There were 1549 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 535 (34.5%) properties sold, followed by £250k-£300k price range with 330 (21.3%) properties sold. Most new homes were sold in Somerset, with 393 sold to date from February 2024 - January 2025.
| February 2024 - January 2025 | South West region | England & Wales |
|---|---|---|
| Average price of a new home | £367k | £377k |
Average price change | -5% £-19.0k | -5% £-18.9k |
February 2024 - January 2025
| New or established | Average price |
|---|---|
| █ A newly built property | £367k |
| █ An established property | £353k |
February 2024 - January 2025
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Bristol | 83 | 5.4% | |
| Cornwall | 94 | 6.1% | |
| Devon | 288 | 18.6% | |
| Dorset | 185 | 11.9% | |
| Gloucestershire | 266 | 17.2% | |
| Somerset | 393 | 25.4% | |
| Wiltshire | 240 | 15.5% | |
shows a sales volume of new homes in a given price range between February 2024 - January 2025. See also South West property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 0.1% | 1 |
| █ £50k-£100k | 0.3% | 4 |
| █ £100k-£150k | 1.4% | 21 |
| █ £150k-£200k | 6.3% | 98 |
| █ £200k-£250k | 8.3% | 128 |
| █ £250k-£300k | 21.3% | 330 |
| █ £300k-£400k | 34.5% | 535 |
| █ £400k-£500k | 15.1% | 234 |
| █ £500k-£750k | 10.2% | 158 |
| █ £750k-£1M | 2.2% | 34 |
| █ over £1M | 0.4% | 6 |
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
login →
