Somerset Property Prices and Rents
A quick local authority snapshot for prices, rents, local incomes and market direction. Use the deeper market pages for sales, rental and affordability evidence.
Somerset market at a glance
Page refreshed 19 August 2026Average house price£281,571
MoM +0.3%YoY +4.5%
Average private rent£1,006
MoM +0.7%YoY +5.6%
Median annual pay£36,951ASHE 2026
Employment rate78.3%Aged 16-64
What this means
Somerset house prices are rising modestly compared with last year. Rent and wage data help compare local affordability and demand.
Data freshness
- House price data
- June 2026
- Rent data
- July 2026
- Pay data
- Apr 2025-Mar 2026 / ASHE 2026
Official price trend
All homes UK HPI series, last 5Y.
All homes average price was £281,571 in June 2026, 0.3% up over the month and 4.5% up over the year.
Monthly movementUp 0.3%From £280,718 last month
Annual movementUp 4.5%From £269,550 last year
| Month | Average price | Monthly change | Annual change |
|---|---|---|---|
| Month: July 2025 | Average: £273,681 | Monthly: +1.5% | Annual: +1.1% |
| Month: August 2025 | Average: £274,915 | Monthly: +0.5% | Annual: 0.0% |
| Month: September 2025 | Average: £279,660 | Monthly: +1.7% | Annual: +1.4% |
| Month: October 2025 | Average: £280,168 | Monthly: +0.2% | Annual: +1.9% |
| Month: November 2025 | Average: £279,632 | Monthly: -0.2% | Annual: +2.0% |
| Month: December 2025 | Average: £277,450 | Monthly: -0.8% | Annual: +0.8% |
| Month: January 2026 | Average: £278,755 | Monthly: +0.5% | Annual: +1.6% |
| Month: February 2026 | Average: £279,004 | Monthly: +0.1% | Annual: +0.8% |
| Month: March 2026 | Average: £280,197 | Monthly: +0.4% | Annual: +1.3% |
| Month: April 2026 | Average: £279,087 | Monthly: -0.4% | Annual: +1.6% |
| Month: May 2026 | Average: £280,718 | Monthly: +0.6% | Annual: +2.9% |
| Month: June 2026 | Average: £281,571 | Monthly: +0.3% | Annual: +4.5% |
Continue Somerset Research
House Prices And Sold-Price Evidence
UK HPI shows £281,571 for June 2026, with raw completed-sale evidence from HM Land Registry.
Open pageRents, Yield And Rental DemandONS private rents show £1,006 average rent, with an indicative gross yield signal.
Open pageWages, Employment And AffordabilityMedian resident pay is £36,951 and helps compare local affordability.
Open pageSomerset Property GuidesOpen local-authority-specific guides that explain how to use the data safely.
Open pageSources of this data
UK House Price Index (ONS) · Office for National Statistics Private Rent Index · ASHE earnings data
Official property market data is usually delayed because figures are published after the reporting month has ended.
Somerset market commentary
What the latest official data may mean for buyers, renters and investors.
Somerset’s housing market edged higher in June 2026, according to the latest UK House Price Index. The average price reached £281,571.
That was up 0.3% on the month, adding £853 to the typical home value compared with May. The annual picture is stronger.
Somerset’s private rental market continued to edge higher in July 2026, according to the ONS Price Index of Private Rents. The average rent reached £1,006 a month.
That was up from £1,000 in June, a monthly rise of 0.7%. The annual picture remains firmer than it was earlier in the year.
Somerset’s labour market profile points to a large resident base and a relatively steady earnings picture. The county had an estimated resident population of 590,972 in 2025.
That scale matters for housing context, because it reflects a sizeable local workforce and a broad mix of households competing across the property market.