North Somerset Property Market 2015

Story Highlights

  • North Somerset had total property sales of £1.19 Billions in 2015
  • The total number of properties sold in 2015 was 4,639
  • The average sales price in North Somerset was £255 K, whereas median was £211 K
  • New Property sales were 7.86% by value, whereas Not New Property contributed 92.14%

 

North Somerset is an unitary authority council in South West England

Total Value of Sales By Property Types

North Somerset - Total Value of Sales By Property Types

North Somerset had total property sales of £1.19 Billions which was 4% of the total South West property Market in 2015.

The split across the different property types in North Somerset are:

  • Terraced: £194 millions (16.39%)
  • Semi-Detached: £273 millions (23.03%)
  • Other: £65 millions (5.46%)
  • Flat/Maisonette: £166 millions (14%)
  • Detached: £487 millions (41.12%)

 

 

Total Number of Sales By Property Types

North Somerset - Total Number of Sales By Property Types

North Somerset had total property sales of 4,639.  The split across the different property types are:

  • Detached: 1,376 (29.66%)
  • Flat/Maisonette: 1,022(22.03%)
  • Other: 51 (1.1%)
  • Semi-Detached: 1,187 (25.59%)
  • Terraced: 1,003 (21.62%)

 

 

Average & Median Sales Price

North Somerset - Average & Median Sales Price

The average sales price in North Somerset was £255 K and for the different property types it was:

  • Detached: £354 K
  • Semi-Detached: £230 K
  • Terraced: £194 K
  • Flat/Maisonette: £162 K
  • Other it is £1.27 millions

Similarly median sales price in North Somerset was £211 K and for the different property types it was:

  • Detached: £317 K
  • Semi-Detached: £207 K
  • Terraced: £175 K
  • Flat/Maisonette: £142 K
  • Other it is £487 K

 

 

New Vs Not New Property StatisticsNorth Somerset - New Vs Not New Property Statistics

By Sales Values the split is as follows:

  • New Property contributed £93 millions (7.86%)
  • Not New Property contributed £1.09 billions (92.14%)

By Total Number the split is as follows:

  • New properties sold were 400 (8.62%)
  • Not new property sold were 4,239 (91.38%)

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