Busiest Market in a Decade

Key Statistics

In the South West region, the average price of property is £963,070, which represents a 18.37 percent annual change. The premium price threshold in the South West is £705,000, which means that the top five percent of sales in the region were above this figure. Over the last 12 months, the average price per square foot has been around £435. The total value of sales over the past year has been £4.37 billion, with 1,249 sales at or over £1 million.

The South West Premium Market

Prime property price growth in the South West is stronger than the average across England and Wales. In Bath and Cheltenham, two of the region’s eight key market areas, the average price of a prime property commands a seven-digit sum, while Bristol follows at over £965,000.

Click here to read the full F&C Autumn Housing Market Report: South West

Edward Taylor, Associate of Fine & Country Marlborough and Devizes, comments on the region:

“In Wiltshire, we continue to see demand significantly outstripping supply. Flexible working patterns have further increased demand as families look to relocate from London and the South East to more affordable areas, and the North Wessex Downs Area of Outstanding Natural Beauty is a big draw, not least because of the excellent schools in the area like St John’s in Marlborough, Dauntsey’s and Marlborough College. We’ve seen prices rapidly increase over the last year, with the majority of properties in the upper quartile of the market going to best and final offers above the original guide price.”

Laura Lewis, Branch Partner at Fine & Country Wimborne comments on the region:

“We are pleased to say that we remain busy with a high demand for property in this area. We are still experiencing a supply and demand issue with more buyers than available properties, but this is driving prices forward and we’re often achieving close to asking price or above with more than one buyer for each property.”

Properties for sale in the South West region

Winford, Bristol, 6 Bedrooms

Vine Farm is a stunning family home in over 6 acres of grounds, including beautiful, well maintained gardens and an arboretum. In addition to the six-bedroom family house, there is a separate building which houses a double garage, a workshop, two stables and a partly converted two-bedroom annexe. The gardens are delightful and include a magnificent array of mature trees and shrubs, as well as a pond, a wishing well and a greenhouse, perfect for gardening enthusiasts. There is generous provision for parking and the property provides potential for additional income with potential guest accommodation or campers.

Cheltenham, Gloucestershire, 5 Bedrooms

Hill Barn is a Grade II Listed five-double-bedroom property located within a highly desirable village. Situated within an elevated position, the property enjoys the most sensational open-countryside views across the county. The home offers over 4,200 sq. ft. of internal space with gardens and paddocks measuring circa 2.23 acres.

Petrockstow, Devon, 4 Bedrooms

Located in a favoured village community, this fabulous contemporary styled home offers versatile accommodation over three floors, with extensive use of light oak throughout. Set in an elevated position with plenty of parking and having views from a number of the rooms, this wonderful home is approached through wrought iron gates that lead onto a large tarmacadam drive with an integral garage and further parking past the house.

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