The price of a newly built property is £382k in South West region. The price increased by £4.0k (1%) over the last twelve months. The price of an established property is £351k. There were 1189 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 443 (37.3%) properties sold, followed by £250k-£300k price range with 239 (20.1%) properties sold. Most new homes were sold in Somerset, with 281 sold to date from November 2023 - October 2024.
| November 2023 - October 2024 | South West region | England & Wales |
|---|---|---|
| Average price of a new home | £382k | £381k |
Average price change | 1% £4.0k | -4% £-16.5k |
November 2023 - October 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £382k |
| █ An established property | £351k |
November 2023 - October 2024
shows the total volume of new homes sold a given county.
| County | Sales volume | Market share | |
|---|---|---|---|
| Bristol | 63 | 5.3% | |
| Cornwall | 84 | 7.1% | |
| Devon | 231 | 19.4% | |
| Dorset | 112 | 9.4% | |
| Gloucestershire | 246 | 20.7% | |
| Somerset | 281 | 23.6% | |
| Wiltshire | 172 | 14.5% | |
shows a sales volume of new homes in a given price range between November 2023 - October 2024. See also South West property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ under £50k | 0.1% | 1 |
| █ £50k-£100k | 0.6% | 7 |
| █ £100k-£150k | 1.3% | 16 |
| █ £150k-£200k | 2.5% | 30 |
| █ £200k-£250k | 6.6% | 79 |
| █ £250k-£300k | 20.1% | 239 |
| █ £300k-£400k | 37.3% | 443 |
| █ £400k-£500k | 16.4% | 195 |
| █ £500k-£750k | 12.2% | 145 |
| █ £750k-£1M | 2.0% | 24 |
| █ over £1M | 0.8% | 10 |
November 2023 - October 2024
November 2023 - October 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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