House prices in Somerset West and Taunton have gone up by an average of more than £3,000 in the month of May, according to figures from the Land Registry.

The latest data from the government department reveals that in May 2022 average house prices in Somerset West and Taunton reached £298,417.

This was up from £294,591 in April, representing over a 1.3 per cent increase. In the last 12 months it has risen by 16.3 per cent.

If you are interested in buying or renting a home, you can see the latest properties in and around Somerset West and Taunton here.

How much have house prices increased in Somerset West and Taunton?

Breaking it down for specific types of housing, all prices saw an increase.

  • Detached houses - Up to £471,381 from £465,407 in April
  • Semi-detached houses - Up to £303,963 from £300,117 in April
  • Terraced houses - Up to £241,009 from £237,447 in April
  • Flats - Up to £154,023 from £152,697 in April

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How do Somerset West and Taunton house prices compare to the UK average?

Even when comparing Somerset West and Taunton to the picture across the UK, the area is slightly above the UK average with a typical property value in the nations reaching £283,496 in May.

In cash terms, the average house price in May was £32,210 higher than a year earlier with house price growth accelerating to 12.8 per cent in May 2022. Prices were up by 1.2 per cent month on month.

How much could your house be worth?

We have created this map for the South West so you can see the average house price in each neighbourhood since 1995.

Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.

The above map can demonstrate which areas of Somerset West and Taunton are the most expensive for average house prices.