Somerset · report
House prices in Somerset: the next 12 months
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%
Somerset: five years of prices and the expected path
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
| Period | Somerset | South West | United 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 |
What the model expects
The central estimate at each horizon, and the range prices land in 8 times out of 10.
| Horizon | Expected | 80% range | Chance of a rise | Chance of beating inflation |
|---|---|---|---|---|
| In 3 months (November 2026) | £284,172 | £279,199 – £289,146 | 67% | 42% |
| In 4 months (December 2026) | £284,731 | £278,808 – £290,653 | 69% | 41% |
| In 12 months (August 2027) | £289,196 | £276,723 – £301,668 | 75% | 37% |
The outlook carries the region's own monthly price history forward: the recent trend and how far prices usually stray from it. It knows nothing about interest-rate decisions, new laws or local projects, so read it as a description of momentum, not a forecast to act on.
Other reports for Somerset
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%