Most of the sales in South West over the past year were detached properties which on average sold for £522,803. Terraced properties had an average sold price of £294,656 and semi-detached properties averaged at £334,857.
South West, with an overall average price of £360,155 was more expensive than nearby West Midlands (£285,200), but was cheaper than South East (£471,096) and London (£685,584). The most expensive area within South West was Bristol (County) (£399,457) and the cheapest was Devon (£325,915).
In the past year house prices in South West were similar to the year before and similar to 2022 when they averaged at £366,725.