The price of a newly built property is £385k in South West region. The price increased by £12.4k (3%) over the last twelve months. The price of an established property is £353k. There were 969 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 370 (38.2%) properties sold, followed by £250k-£300k price range with 190 (19.6%) properties sold. Most new homes were sold in Somerset, with 271 sold to date from October 2023 - September 2024.
| October 2023 - September 2024 | South West region | England & Wales |
|---|---|---|
| Average price of a new home | £385k | £373k |
Average price change | 3% £12.4k | -5% £-20.3k |
October 2023 - September 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £385k |
| █ An established property | £353k |
October 2023 - September 2024
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Bristol | 53 | 5.5% | |
| Cornwall | 58 | 6% | |
| Devon | 195 | 20.1% | |
| Dorset | 78 | 8% | |
| Gloucestershire | 193 | 19.9% | |
| Somerset | 271 | 28% | |
| Wiltshire | 121 | 12.5% | |
shows a sales volume of new homes in a given price range between October 2023 - September 2024. See also South West property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 0.1% | 1 |
| █ £50k-£100k | 0.3% | 3 |
| █ £100k-£150k | 1.2% | 12 |
| █ £150k-£200k | 2.5% | 24 |
| █ £200k-£250k | 5.9% | 57 |
| █ £250k-£300k | 19.6% | 190 |
| █ £300k-£400k | 38.2% | 370 |
| █ £400k-£500k | 17.6% | 171 |
| █ £500k-£750k | 11.4% | 110 |
| █ £750k-£1M | 2.4% | 23 |
| █ over £1M | 0.8% | 8 |
October 2023 - September 2024
October 2023 - September 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
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