The price of a newly built property is £408k in South West region. The price increased by £46.6k (13%) over the last twelve months. The price of an established property is £361k. There were 1013 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 344 (34.0%) properties sold, followed by £400k-£500k price range with 208 (20.5%) properties sold. Most new homes were sold in Gloucestershire, with 252 sold to date from April 2023 - March 2024.
| April 2023 - March 2024 | South West region | England & Wales |
|---|---|---|
| Average price of a new home | £408k | £403k |
Average price change | 13% £46.6k | 5% £19.8k |
April 2023 - March 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £408k |
| █ An established property | £361k |
April 2023 - March 2024
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Bristol | 29 | 2.9% | |
| Cornwall | 86 | 8.5% | |
| Devon | 184 | 18.2% | |
| Dorset | 94 | 9.3% | |
| Gloucestershire | 252 | 24.9% | |
| Somerset | 249 | 24.6% | |
| Wiltshire | 119 | 11.7% | |
shows a sales volume of new homes in a given price range between April 2023 - March 2024. See also South West property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £50k-£100k | 0.3% | 3 |
| █ £100k-£150k | 2.6% | 26 |
| █ £150k-£200k | 2.6% | 26 |
| █ £200k-£250k | 6.3% | 64 |
| █ £250k-£300k | 14.2% | 144 |
| █ £300k-£400k | 34.0% | 344 |
| █ £400k-£500k | 20.5% | 208 |
| █ £500k-£750k | 15.2% | 154 |
| █ £750k-£1M | 3.6% | 36 |
| █ over £1M | 0.8% | 8 |
April 2023 - March 2024
April 2023 - March 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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