House Prices in the South West
Posted on: Thursday, May 11, 2017
We take a closer look at the South West region as part of
our series of property spotlights, focusing on average house prices,
the
total number of sales and the size of the market around the country.
The figures are based on the latest data from the Land Registry
House Price Index which helps to form a picture of the region’s housing
markets. While there is no single measure which provides a complete
picture of the market, below are 20 areas with statistics on the total
value of all property transactions in the past year. This has been
calculated by multiplying the average value of homes by the number of
sales.
Market snapshot:
- The district with the largest market is Cornwall which saw £2,044m worth of transactions in the year to January 2017.
- This was followed by Wiltshire with £2,028m worth of sales over the same period.
- The district with the highest overall average house price was Cotswold where prices sit at £352,300, which is 54% above the national average.
- The market with the highest number of transactions was Cornwall with 9,378 sales occurring during the period.
Where have house prices increased the most?
Here are five districts with the highest annual capital growth.
Find your nearest
Guild Member agent and start your property search today.