Imofolio

Local authority · data to August 2026

House prices in Somerset

Homes in Somerset sold for an average £282,498, up 2.8% on a year ago. That is more than in 51% of UK councils. Over the last six months prices moved at +2.5% a year, faster than the +1.4% a year of the past two years.

Average sale price
£282,498
Change in a year
+2.8%
−0.7% after inflation
Pricier than
51%
of UK councils

Somerset: +12.3% in 5 years

Average sale price per home, £, monthly, with the next 12 months' expected path

  • Somerset
  • South West
  • United Kingdom
  • Expected path
  • 80% range
Show the numbers
MonthSomersetSouth WestUnited Kingdom
Aug 2027 · Expected path£289,196 (£276,723–£301,668)£308,828£280,154
Jul 2027 · Expected path£288,638 (£276,940–£300,335)£308,437£279,560
Jun 2027 · Expected path£288,080 (£277,164–£298,995)£308,046£278,967
May 2027 · Expected path£287,521 (£277,396–£297,646)£307,656£278,374
Apr 2027 · Expected path£286,963 (£277,640–£296,287)£307,265£277,781
Mar 2027 · Expected path£286,405 (£277,897–£294,914)£306,874£277,188
Feb 2027 · Expected path£285,847 (£278,172–£293,522)£306,483£276,595
Jan 2027 · Expected path£285,289 (£278,472–£292,105)£306,093£276,002
Dec 2026 · Expected path£284,731 (£278,808–£290,653)£305,702£275,409
Nov 2026 · Expected path£284,172 (£279,199–£289,146)£305,311£274,816
Oct 2026 · Expected path£283,614 (£279,685–£287,544)£304,920£274,223
Sep 2026 · Expected path£283,056 (£280,374–£285,739)£304,530£273,630
Aug 2026£282,498£304,139£273,037
Jul 2026£282,124£302,027£272,146
Jun 2026£281,150£303,232£270,690
May 2026£279,553£302,533£272,221
Apr 2026£278,443£303,427£270,966
Mar 2026£279,660£301,647£268,631
Feb 2026£279,027£301,220£269,423
Jan 2026£277,570£300,664£268,814
Dec 2025£275,603£298,687£268,002
Nov 2025£277,591£302,921£270,472
Oct 2025£278,986£300,893£269,819
Sep 2025£279,103£301,093£269,556
Aug 2025£274,761£304,262£270,575
Jul 2025£273,609£302,826£268,843
Jun 2025£269,550£298,838£266,796
May 2025£272,715£297,421£264,078
Apr 2025£274,613£292,255£260,162
Mar 2025£276,609£303,287£268,019
Feb 2025£276,750£301,560£264,771
Jan 2025£274,452£301,828£264,936
Dec 2024£275,348£300,210£263,991
Nov 2024£274,058£300,240£264,515
Oct 2024£275,038£306,423£265,252
Sep 2024£275,745£304,305£264,750
Aug 2024£274,994£303,164£265,085
Jul 2024£270,737£301,845£262,479
Jun 2024£266,739£297,239£259,585
May 2024£264,236£298,492£258,565
Apr 2024£267,269£297,850£256,478
Mar 2024£269,551£295,240£255,082
Feb 2024£270,816£296,587£254,633
Jan 2024£270,283£299,150£255,972
Dec 2023£272,735£294,676£256,177
Nov 2023£276,694£299,952£258,368
Oct 2023£281,513£305,147£260,129
Sep 2023£281,113£304,837£261,318
Aug 2023£279,258£307,132£262,602
Jul 2023£276,158£306,036£261,182
Jun 2023£273,962£300,808£258,275
May 2023£275,362£302,199£257,330
Apr 2023£278,014£302,791£256,479
Mar 2023£281,214£303,206£255,885
Feb 2023£283,827£306,826£258,788
Jan 2023£285,584£309,102£260,941
Dec 2022£287,389£308,957£263,190
Nov 2022£289,366£313,892£265,299
Oct 2022£286,764£313,800£265,693
Sep 2022£286,908£314,370£265,727
Aug 2022£283,193£314,238£265,124
Jul 2022£281,436£309,032£262,904
Jun 2022£276,747£299,771£258,118
May 2022£272,508£301,875£255,040
Apr 2022£270,650£296,983£252,167
Mar 2022£267,394£291,647£249,232
Feb 2022£264,980£291,034£248,309
Jan 2022£261,678£291,018£248,031
Dec 2021£256,488£285,237£245,189
Nov 2021£257,053£284,105£243,930
Oct 2021£253,990£276,090£239,236
Sep 2021£251,533£283,935£245,371

Reports for Somerset

Each report opens the full series and the assumptions behind these figures.

Sale prices have an 80% chance of landing between £276,723 and £301,668 by August 2027.

Expected, August 2027
£289,196
Chance of a rise
75%

At the average sale price, a home costs £282,498. With 10% down and a 30-year mortgage, the payment is £1,303 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
22%
Payment, one income
43%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£1,021
Owning per month
£1,330

32.2% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
1,130
Per 1,000 residents
1.9

Figures for United Kingdom: Somerset has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

Sale prices have fallen by 3% or more 3 times since 1995. The deepest began in September 2007.

Deepest fall
−17.5%
Recovery from the low
76 months

In 2025 the population grew by 2,813 while 1,020 homes were finished: 2.8 new residents for every new home.

New residents per new home, 2025
2.8
Population change, 2025
+2,813

5.0% of the 264,935 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
5.0%
Empty homes
13,115

In 2025, 17% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
17%