Region · data to August 2026
House prices in South West
Homes in South West sold for an average £304,139, unchanged on a year ago. Over the last six months prices moved at +1.9% a year, faster than the +0.2% a year of the past two years.
- Average sale price
- £304,139
- Change in a year
- 0.0%
- −3.4% after inflation
South West: +7.1% in 5 years
Average sale price per home, £, monthly, with the next 12 months' expected path
- South West
- England
- United Kingdom
- Expected path
- 80% range
Show the numbers
| Month | South West | England | United Kingdom |
|---|---|---|---|
| Aug 2027 · Expected path | £308,828 (£291,007–£326,649) | £298,140 | £280,154 |
| Jul 2027 · Expected path | £308,437 (£291,572–£325,302) | £297,755 | £279,560 |
| Jun 2027 · Expected path | £308,046 (£292,156–£323,937) | £297,371 | £278,967 |
| May 2027 · Expected path | £307,656 (£292,763–£322,548) | £296,986 | £278,374 |
| Apr 2027 · Expected path | £307,265 (£293,398–£321,131) | £296,602 | £277,781 |
| Mar 2027 · Expected path | £306,874 (£294,068–£319,680) | £296,217 | £277,188 |
| Feb 2027 · Expected path | £306,483 (£294,782–£318,185) | £295,832 | £276,595 |
| Jan 2027 · Expected path | £306,093 (£295,554–£316,631) | £295,448 | £276,002 |
| Dec 2026 · Expected path | £305,702 (£296,406–£314,998) | £295,063 | £275,409 |
| Nov 2026 · Expected path | £305,311 (£297,375–£313,248) | £294,679 | £274,816 |
| Oct 2026 · Expected path | £304,920 (£298,535–£311,306) | £294,294 | £274,223 |
| Sep 2026 · Expected path | £304,530 (£300,082–£308,977) | £293,910 | £273,630 |
| Aug 2026 | £304,139 | £293,525 | £273,037 |
| Jul 2026 | £302,027 | £292,882 | £272,146 |
| Jun 2026 | £303,232 | £291,674 | £270,690 |
| May 2026 | £302,533 | £292,907 | £272,221 |
| Apr 2026 | £303,427 | £292,164 | £270,966 |
| Mar 2026 | £301,647 | £290,133 | £268,631 |
| Feb 2026 | £301,220 | £291,263 | £269,423 |
| Jan 2026 | £300,664 | £290,474 | £268,814 |
| Dec 2025 | £298,687 | £289,280 | £268,002 |
| Nov 2025 | £302,921 | £291,892 | £270,472 |
| Oct 2025 | £300,893 | £290,975 | £269,819 |
| Sep 2025 | £301,093 | £290,689 | £269,556 |
| Aug 2025 | £304,262 | £292,319 | £270,575 |
| Jul 2025 | £302,826 | £290,212 | £268,843 |
| Jun 2025 | £298,838 | £288,115 | £266,796 |
| May 2025 | £297,421 | £285,526 | £264,078 |
| Apr 2025 | £292,255 | £280,500 | £260,162 |
| Mar 2025 | £303,287 | £291,748 | £268,019 |
| Feb 2025 | £301,560 | £287,794 | £264,771 |
| Jan 2025 | £301,828 | £287,264 | £264,936 |
| Dec 2024 | £300,210 | £287,035 | £263,991 |
| Nov 2024 | £300,240 | £286,814 | £264,515 |
| Oct 2024 | £306,423 | £287,595 | £265,252 |
| Sep 2024 | £304,305 | £287,576 | £264,750 |
| Aug 2024 | £303,164 | £287,343 | £265,085 |
| Jul 2024 | £301,845 | £284,105 | £262,479 |
| Jun 2024 | £297,239 | £281,611 | £259,585 |
| May 2024 | £298,492 | £280,824 | £258,565 |
| Apr 2024 | £297,850 | £277,945 | £256,478 |
| Mar 2024 | £295,240 | £276,971 | £255,082 |
| Feb 2024 | £296,587 | £276,935 | £254,633 |
| Jan 2024 | £299,150 | £278,060 | £255,972 |
| Dec 2023 | £294,676 | £278,664 | £256,177 |
| Nov 2023 | £299,952 | £281,026 | £258,368 |
| Oct 2023 | £305,147 | £283,147 | £260,129 |
| Sep 2023 | £304,837 | £284,428 | £261,318 |
| Aug 2023 | £307,132 | £285,690 | £262,602 |
| Jul 2023 | £306,036 | £284,246 | £261,182 |
| Jun 2023 | £300,808 | £281,585 | £258,275 |
| May 2023 | £302,199 | £279,846 | £257,330 |
| Apr 2023 | £302,791 | £280,054 | £256,479 |
| Mar 2023 | £303,206 | £279,592 | £255,885 |
| Feb 2023 | £306,826 | £283,907 | £258,788 |
| Jan 2023 | £309,102 | £285,817 | £260,941 |
| Dec 2022 | £308,957 | £288,198 | £263,190 |
| Nov 2022 | £313,892 | £290,003 | £265,299 |
| Oct 2022 | £313,800 | £289,993 | £265,693 |
| Sep 2022 | £314,370 | £290,185 | £265,727 |
| Aug 2022 | £314,238 | £289,294 | £265,124 |
| Jul 2022 | £309,032 | £286,526 | £262,904 |
| Jun 2022 | £299,771 | £281,116 | £258,118 |
| May 2022 | £301,875 | £278,084 | £255,040 |
| Apr 2022 | £296,983 | £274,812 | £252,167 |
| Mar 2022 | £291,647 | £272,225 | £249,232 |
| Feb 2022 | £291,034 | £271,265 | £248,309 |
| Jan 2022 | £291,018 | £270,231 | £248,031 |
| Dec 2021 | £285,237 | £267,793 | £245,189 |
| Nov 2021 | £284,105 | £265,662 | £243,930 |
| Oct 2021 | £276,090 | £259,748 | £239,236 |
| Sep 2021 | £283,935 | £268,041 | £245,371 |
Reports for South West
Each report opens the full series and the assumptions behind these figures.
Sale prices have an 80% chance of landing between £291,007 and £326,649 by August 2027.
- Expected, August 2027
- £308,828
- Chance of a rise
- 63%
At the average sale price, a home costs £304,139. With 10% down and a 30-year mortgage, the payment is £1,403 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
- 45%
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
- £1,251
- Owning per month
- £1,432
6.3% fewer homes were started in the last 12 months than in an average year of the past decade.
- Started, 12 months
- 16,660
- Per 1,000 residents
- 2.8
Figures for United Kingdom: South West 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 7 times since 1968. The deepest began in September 1989.
- Deepest fall
- −26.5%
- Recovery from the low
- 66 months
In 2025 the population grew by 21,984 while 15,060 homes were finished: 1.5 new residents for every new home.
- New residents per new home, 2025
- 1.5
- Population change, 2025
- +21,984
5.7% of the 2,630,834 homes counted in the 2021 census had nobody usually living in them.
- Empty, 2021 census
- 5.7%
- Empty homes
- 150,335
In 2025, 14% of the homes added came from existing buildings rather than new ones.
- Homes from existing buildings, 2025
- 14%
Councils in South West
Average price
- £400,000 and over
- £300,000 to £400,000
- £250,000 to £300,000
- £200,000 to £250,000
- £150,000 to £200,000
- Under £150,000
- No published price
| Local authority | Average price | In a year |
|---|---|---|
| Cotswold | £426,296 | −2.3% |
| Bath and North East Somerset | £406,084 | −1.8% |
| South Hams | £360,616 | +0.8% |
| Bristol | £353,596 | +0.9% |
| Stroud | £353,416 | +2.2% |
| East Devon | £345,256 | +2.1% |
| South Gloucestershire | £335,572 | +1.0% |
| Dorset | £328,589 | −0.4% |
| Cheltenham | £328,178 | +0.9% |
| Wiltshire | £328,102 | +1.5% |
| North Gloucestershire | £323,497 | +0.2% |
| North Somerset | £314,307 | +3.6% |
| Bournemouth, Christchurch and Poole | £310,176 | −1.9% |
| Teignbridge | £298,159 | −0.5% |
| Forest of Dean | £296,807 | +1.1% |
| Exeter | £289,403 | −0.7% |
| West Devon | £286,921 | −1.5% |
| Mid Devon | £285,982 | +0.2% |
| Somerset | £282,498 | +2.8% |
| North Devon | £280,441 | −4.2% |
| Cornwall | £274,570 | −2.9% |
| Torridge | £267,174 | +0.3% |
| Swindon | £263,685 | +2.8% |
| Gloucester | £237,705 | +2.2% |
| Plymouth | £223,229 | +3.2% |
| Torbay | £221,469 | −3.1% |