Housing market trends in Somerset show a mixed picture as prices in some areas dip while others experience modest growth. According to the Office for National Statistics, the average home in Bath and North East Somerset sold for £407,000 in the year to July 2025—down 0.9% from the previous year, representing a drop of over £3,600.
Conversely, the Somerset Council area saw an average house price of £275,000, marking a 1.7% increase. North Somerset also experienced growth, with prices rising by 0.6% to an average of £307,000.
Despite these local changes, house price growth across much of Somerset remains slower than the broader UK market, which saw average prices rise 2.8% to £270,000 over the same period. This represents an average increase of £7,000 per home, although the annual growth rate has declined from 3.6% in June to 2.8% in July 2025.
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Notably, the UK property market had a rare downturn from July 2023 to March 2024, marking the first yearly price fall since 2012.
Our interactive map reveals that 61 out of 360 UK local authority areas recorded house price declines in the past year, with another 36 showing gains of 1.0% or less. Eastbourne in East Sussex experienced the steepest drop, with average prices falling 10.4% to £243,000.
Other significant decreases occurred in Ceredigion, Wales (6.8% down to £218,000), Wandsworth (-6.4% to £691,000), and Mid Devon (-5.6% to £281,000).
London’s housing market is under particular pressure, with prices rising just 0.7% annually—the lowest among UK regions. Moreover, 13 London boroughs, including Wandsworth, Hammersmith and Fulham, and City of Westminster, saw price decreases ranging from 0.7% to 6.4%.
On the other hand, Sunderland emerged as the UK’s property hotspot with a 12.7% price increase to £147,000. Other strong performers include Renfrewshire (+11.0%), Perth and Kinross (+10.8%), and County Durham (+10.4%).
Inverclyde remains the most affordable place to buy in the UK, with an average house price of £114,000—up 3.7%. Burnley and West Dunbartonshire follow, with average prices of around £125,000.
These regional disparities highlight the varied nature of the UK housing market, reflecting local economic factors and demand patterns.