Imofolio

North Somerset · report

Renovation in North Somerset

In 2025, 14% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
14%

Homes finished in North Somerset, by type of work

Homes added each financial year: new build, and homes gained by converting buildings or changing their use, net of those lost. MHCLG (England) and the Scottish Government.

  • Conversions
  • Extensions
  • New buildings
Show the numbers
YearNew buildingsExtensionsConversionsTotal
2025754—119873
2024654—97751
2023868—110978
2022873—1461,019
2021789—166955
2020613—238851
2019584—148732
2018731—127858
2017595—260855
2016350—114464
2015599—76675
2014687—72759
2013475—64539

England counts net additions: new build, plus homes gained by converting buildings or changing their use, net of those lost. Scotland counts homes from conversions. Wales and Northern Ireland publish no such split. Years are financial years, April to March, named by the year they end in.

Other reports for North Somerset

Sale prices have an 80% chance of landing between £308,850 and £350,959 by August 2027.

Expected, August 2027
£329,905
Chance of a rise
83%

At the average sale price, a home costs £314,307. With 10% down and a 30-year mortgage, the payment is £1,450 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
44%

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
£1,212
Owning per month
£1,480

27.1% more homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
710
Per 1,000 residents
3.1

Figures for United Kingdom: North 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 4 times since 1995. The deepest began in October 2007.

Deepest fall
−21.1%
Recovery from the low
63 months

In 2025 the population grew by 2,460 while 670 homes were finished: 3.7 new residents for every new home.

New residents per new home, 2025
3.7
Population change, 2025
+2,460

4.8% of the 99,927 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
4.8%
Empty homes
4,830