Data from Land Registry, ONS, Bank of England
Compare with another area →Key indicators for buyers
The Somerset market is moderately favourable for buyers. Affordability has improved from a peak of 9.4x in 2022 to 8.0x today. Rising rents (£975/mo, +2.3%) mean the cost of waiting is real.
Average sale prices · HM Land Registry / UK HPI
House price ÷ median earnings · ONS data
A home in Somerset costs 8.0x the local median salary — stretched, improving from a peak of 9.4x in 2022.
Average monthly rent · ONS Private Rental Index
Average monthly rent in Somerset is £975, up 2.3% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Somerset price of £281,311 with a 25% deposit (£70k), a 2-year fixed mortgage at 3.97% costs around £1,110 per month.
Monthly cost comparison based on current data
Monthly mortgage payments (£1,110) are £135 more than renting (£975). However, buying requires an upfront deposit of £70k — it would take around 11 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
FLAT 2, 24, THE PARKS TA24 8BT | Flat/Maisonette | £85,000 | 28 Jan 2026 |
32, GREENWAY AVENUE TA2 6HY | Terraced | £243,300 | 28 Jan 2026 |
5, WOULDHAM ROAD TA23 0EQ | Detached | £195,000 | 27 Jan 2026 |
6, FONT LANE, WEST COKER BA22 9BR | Detached | £450,000 | 27 Jan 2026 |
44, ASHCOTT DRIVE TA8 1HT | Semi-detached | £290,000 | 26 Jan 2026 |
20, MULBERRY COURT BA11 2UF | Semi-detached | £240,000 | 26 Jan 2026 |
9, GREENWAY TA23 0BP | Terraced |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in Somerset sells for £281,311, up 2.5% over the past year. Prices have grown from around £52k in the mid-1990s.
| £200,000 |
| 23 Jan 2026 |
HOLLYHOCK COTTAGE, BARTON ROAD, KEINTON MANDEVILLE TA11 6BL | Terraced | £270,000 | 23 Jan 2026 |
25, LANGDON ROAD, WIVELISCOMBE TA4 2ET | Semi-detached | £292,000 | 23 Jan 2026 |
6, CURSLEY PATH BA5 1FF | Flat/Maisonette | £195,000 | 23 Jan 2026 |
43, WOODHAYES ROAD BA11 2DG | Semi-detached | £347,500 | 23 Jan 2026 |
64, KILLAMS CRESCENT TA1 3YB | Detached | £425,000 | 23 Jan 2026 |
41, GREAT MEAD BA21 5EG | Terraced | £215,000 | 23 Jan 2026 |
1, SOUTHLANDS, BLUE ANCHOR TA24 6UZ | Detached | £570,000 | 23 Jan 2026 |
8, REEVES CLOSE, DRAYCOTT BS27 3TB | Detached | £350,000 | 23 Jan 2026 |
6, BELMONT TERRACE, SHEPTON BEAUCHAMP TA19 0JX | Semi-detached | £416,000 | 23 Jan 2026 |
2, WHITING CLOSE BA4 4HY | Semi-detached | £285,000 | 23 Jan 2026 |
70, OAKFIELD ROAD BA16 0RE | Flat/Maisonette | £142,000 | 23 Jan 2026 |
OLD HARP HOUSE, OVER STRATTON TA13 5LB | Detached | £925,000 | 22 Jan 2026 |
7, SHELDON MILL BA5 2LL | Flat/Maisonette | £135,000 | 22 Jan 2026 |
The most recent recorded sale in Somerset was a flat/maisonette property on The Parks for £85,000 in January 2026. Across the last 20 sales, the median price was £285,000.