region Land Registry UK HPI

South West house prices

Average sold prices for South West, broken down by property type, buyer status, funding status and property status, from HM Land Registry's UK House Price Index.

Average price
£302,559
Annual change
+1.7%
Homes sold, March 2026
5,090
England average
£292,095

The average property in South West sold for £302,559 in May 2026, up 1.7% on the year. That is about 4% above the England average of £292,095. 5,090 homes sold in South West in March 2026, the most recent month HM Land Registry have published transaction counts for.

Price trend

Over the 12 months to May 2026, the average price in South West rose 1%, peaking at £305,539 in November 2025.

£305,539 £299,020
June 2025May 2026

Peak £305,539 in November 2025.

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By property type

Detached homes are the most expensive in South West at £496,381, 188% above flat or maisonette at £172,446. Flat or maisonette is the only type where prices fell over the year, down 0.6%.

Average sold price by property type, May 2026.
Property typeAverage priceAnnual change
Detached£496,381+1.5%
Semi-detached£324,705+3.2%
Terraced£263,152+2.1%
Flat or maisonette£172,446-0.6%

By buyer status

First-time buyers in South West paid £113,657 less than people who already owned, a gap of 46%.

Average sold price by buyer status, May 2026.
BuyerAverage priceAnnual change
First-time buyer£249,143+1.9%
Former owner-occupier£362,800+1.6%

By funding status

Cash buyers in South West paid 1% more than those with a mortgage. Cash accounted for 28% of the sales counted in March 2026.

Average sold price by funding status, May 2026. Sales volumes are for March 2026, the most recent month published. Cash and mortgage sales are counted separately and do not necessarily add up to the total above.
Paid withAverage priceAnnual changeSales
Cash£305,414+1.4%607
Mortgage£301,108+1.9%1,532

By property status

New builds in South West sold for 34% more than existing homes.

Average sold price by property status, March 2026. Sales volumes are not shown for new builds: they are registered months after completion, so recent counts are incomplete rather than low.
Property statusAverage priceAnnual change
New build£402,523+5.7%
Existing property£299,534Broadly flat

Month by month

Average sold price and annual change over the last 12 published months. Sales volumes stop two months short because HM Land Registry withhold the most recent counts until more transactions are registered.
MonthAverage priceAnnual changeSales
May 2026£302,559+1.7%n/a
April 2026£303,595+3.9%n/a
March 2026£303,308Broadly flat5,090
February 2026£301,226Broadly flat4,835
January 2026£300,396-0.5%4,718
December 2025£301,309Broadly flat6,367
November 2025£305,539+1.8%6,860
October 2025£303,589-0.9%7,694
September 2025£302,732-0.5%6,734
August 2025£305,113+0.6%7,745
July 2025£303,289+0.5%7,748
June 2025£299,020+0.6%6,765
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HM Land Registry revise the most recent twelve months as more sales are registered, so recent figures are provisional.