Story Highlights

• Somerset had total property sales of £2.62 Billions in 2015
• Across its districts South Somerset has maximum sales of £786 millions and with minimum for West Somerset at £158 millions.
• The total number of properties sold in 2015 was 8,834
• The average sales price in Somerset was £237 K, whereas the median was £192 K
• Across its districts average sales price in Somerset was maximum for Mendip at £244 K and minimum for West Somerset at £225 K
• Similarly the median sales price in Somerset was maximum for Mendip at £210 K and was minimum for Sedgemoor at £180 K
• New Property sales were 12.66% by sales value, whereas Not New Property contributed 87.34%

Somerset is one of the counties of South West England. The districts of Somerset are South Somerset, Taunton Deane, Sedgemoor, Mendip, West Somerset.

Total Value of Sales By Property Types

Somerset had total property sales of £2.62 Billions which was 8.86% of the total South West property Market in 2015 and was sixth highest across all the counties in South West England.

The split across the different property types in Somerset  are:

• Terraced £590 millions (22.48%)
• Semi-Detached £560 millions (21.35%)
• Other £196 millions (7.48%)
• Flat/Maisonette £144 millions (5.5%)
• Detached £1.13 billions (43.19%)

Total Sales By Districts

The split of the  £2.62 Billions sales in Somerset across the different districts is as above.

• It was maximum for South Somerset £786 millions (29.98%)
• Taunton Deane at £601 millions (22.91%)
• Sedgemoor £539 millions (20.56%)
• Mendip £539 millions (20.54%)
• with minimum for West Somerset at £158 millions (6.01%)

Total Number of Sales By Property Types

Somerset had total number property sales of 11,094.  The split across the different property types are:

• Detached 3,527 (31.79%)
• Flat/Maisonette 1,179 (10.63%)
• Other 183 (1.65%)
• Semi-Detached 2805 (25.28%)
• Terraced 3400 (30.65%)

Average & Median Sales Price

The average sales price in Somerset was £237 K and for the different property types it was:

• Detached £321 K
• Semi-Detached £200 K
• Terraced £173 K
• Flat/Maisonette £122 K
• Other it is £1.07 millions

Similarly median sales price in Somerset was £192 K and for the different property types are:

• Detached £285 K
• Semi-Detached £185 K
• Terraced £159 K
• Flat/Maisonette £113 K
• Other it is £330 K

Average & Median Sales Price By District

Across districts the average sales price is as above.

• It was maximum for Mendip £244 K
• South Somerset £237 K
• Taunton Deane £237 K
• Sedgemoor £232 K
• with minimum for West Somerset at £225 K

Across districts the median sales price is as above.

• It was maximum for Mendip £210 K
• West Somerset £200 K
• Taunton Deane £195 K
• South Somerset £188 K
• with minimum for Sedgemoor at £180 K

New Vs Not New Property Statistics

By Sales Values the split is as follows:

• New Property contributed £332 millions (12.66%)
• Not New Property contributed £2.29 billions (87.34%)

By Total Number the split is as follows:

• New properties sold were 1488 (13.41%)
• Not new property sold were 9,606 (86.59%)

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