The price of a newly built property is £375k in South West region. The price declined by £-9.1k (-2%) over the last twelve months. The price of an established property is £352k. There were 1056 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 364 (34.5%) properties sold, followed by £250k-£300k price range with 220 (20.8%) properties sold. Most new homes were sold in Somerset, with 287 sold to date from January 2024 - December 2024.
| January 2024 - December 2024 | South West region | England & Wales |
|---|---|---|
| Average price of a new home | £375k | £381k |
Average price change | -2% £-9.1k | -4% £-14.2k |
January 2024 - December 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £375k |
| █ An established property | £352k |
January 2024 - December 2024
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Bristol | 61 | 5.8% | |
| Cornwall | 65 | 6.2% | |
| Devon | 179 | 17% | |
| Dorset | 115 | 10.9% | |
| Gloucestershire | 179 | 17% | |
| Somerset | 287 | 27.2% | |
| Wiltshire | 170 | 16.1% | |
shows a sales volume of new homes in a given price range between January 2024 - December 2024. See also South West property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 0.1% | 1 |
| █ £50k-£100k | 0.5% | 5 |
| █ £100k-£150k | 1.2% | 13 |
| █ £150k-£200k | 5.9% | 62 |
| █ £200k-£250k | 7.8% | 82 |
| █ £250k-£300k | 20.8% | 220 |
| █ £300k-£400k | 34.5% | 364 |
| █ £400k-£500k | 13.8% | 146 |
| █ £500k-£750k | 12.3% | 130 |
| █ £750k-£1M | 2.5% | 26 |
| █ over £1M | 0.7% | 7 |
January 2024 - December 2024
January 2024 - December 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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