In short
In July 2026, the average price of a home in Somerset was £282,062, +3.1% over twelve months (7% below the South West average). At that price, a home mover pays £4,103 in Stamp Duty Land Tax, plus £150 of HM Land Registry fee.
The questions, answered
What is the average house price in Somerset?
The average price of a home in Somerset was £282,062 in July 2026, +3.1% over twelve months (UK House Price Index).
How much does a flat or a house cost in Somerset?
In July 2026, the average price in Somerset was £459,732 for a detached house, £289,398 for a semi-detached house, £234,361 for a terraced house, £135,593 for a flat (UK House Price Index).
What do first-time buyers pay in Somerset?
First-time buyers paid £232,238 on average in Somerset in July 2026, against £282,062 for all buyers (UK House Price Index).
Have house prices gone up in Somerset?
The average price in Somerset went from £202,922 in July 2016 to £282,062 in July 2026, a change of +39%; +3.1% over the last twelve months (UK House Price Index).
How much Stamp Duty Land Tax on an average-priced home in Somerset?
On £282,062, Stamp Duty Land Tax (SDLT) comes to £4,103 for a home mover, £0 for a first-time buyer and £18,206 for an additional property, at the rates in force in England.
How many homes sell in Somerset?
8,170 sales in Somerset were registered from May 2025 to April 2026, the latest twelve months with complete volumes (UK House Price Index).
Is Somerset expensive?
Somerset ranks 7th of the 20 areas Payotte covers for the average price in July 2026, from £479,736 in Buckinghamshire to £140,447 in County Durham.
Prices by property type, July 2026
| Type | Average price | South West |
|---|---|---|
| Detached | £459,732 | £495,113 |
| Semi-detached | £289,398 | £323,872 |
| Terraced | £234,361 | £264,734 |
| Flat or maisonette | £135,593 | £171,240 |
| All types | £282,062 | £302,298 |
| First-time buyers | £232,238 | £249,123 |
The UK HPI is a mix-adjusted average (a hedonic model), not the price of the homes sold in the month. Northern Ireland figures are quarterly.
The trend, July of each year
| Year | Average price | Change on the year before |
|---|---|---|
| 2016 | £202,922 | — |
| 2017 | £215,059 | +6% |
| 2018 | £223,448 | +3.9% |
| 2019 | £226,649 | +1.4% |
| 2020 | £229,548 | +1.3% |
| 2021 | £245,441 | +6.9% |
| 2022 | £281,436 | +14.7% |
| 2023 | £276,158 | -1.9% |
| 2024 | £270,737 | -2% |
| 2025 | £273,609 | +1.1% |
| 2026 | £282,062 | +3.1% |
Sources
- Prices and sales: UK House Price Index, file UK-HPI-full-file-2026-07.csv. Contains HM Land Registry data © Crown copyright and database right 2020. This data is licensed under the Open Government Licence v3.0.
- Purchase tax: rates and sources of the calculator (HMRC).