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 5 July 2026Average house price£277,347
MoM -0.6%YoY +1.0%
Average private rent£990
MoM +0.4%YoY +4.4%
Median annual pay£36,951ASHE 2025
Employment rate77.2%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
- April 2026
- Rent data
- May 2026
- Pay data
- Jan 2025-Dec 2025 / ASHE 2025
Official price trend
All homes UK HPI series, last 5Y.
All homes average price was £277,347 in April 2026, 0.6% down over the month and 1.0% up over the year.
Monthly movementDown 0.6%From £278,948 last month
Annual movementUp 1.0%From £274,613 last year
| Month | Average price | Monthly change | Annual change |
|---|---|---|---|
| Month: May 2025 | Average: £272,650 | Monthly: -0.7% | Annual: +3.2% |
| Month: June 2025 | Average: £269,338 | Monthly: -1.2% | Annual: +0.9% |
| Month: July 2025 | Average: £273,660 | Monthly: +1.6% | Annual: +1.1% |
| Month: August 2025 | Average: £275,426 | Monthly: +0.6% | Annual: +0.2% |
| Month: September 2025 | Average: £280,294 | Monthly: +1.8% | Annual: +1.6% |
| Month: October 2025 | Average: £280,175 | Monthly: 0.0% | Annual: +1.9% |
| Month: November 2025 | Average: £279,787 | Monthly: -0.1% | Annual: +2.1% |
| Month: December 2025 | Average: £278,269 | Monthly: -0.5% | Annual: +1.1% |
| Month: January 2026 | Average: £279,207 | Monthly: +0.3% | Annual: +1.7% |
| Month: February 2026 | Average: £278,665 | Monthly: -0.2% | Annual: +0.7% |
| Month: March 2026 | Average: £278,948 | Monthly: +0.1% | Annual: +0.8% |
| Month: April 2026 | Average: £277,347 | Monthly: -0.6% | Annual: +1.0% |
Continue Somerset Research
House Prices And Sold-Price Evidence
UK HPI shows £277,347 for April 2026, with raw completed-sale evidence from HM Land Registry.
Open pageRents, Yield And Rental DemandONS private rents show £990 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 average house price stood at £277,347 in April 2026, according to the UK House Price Index. That is down 0.6% on the month.
It follows March, when the average price was £278,948 and monthly growth was a slight 0.1%. The latest move shows a modest pullback after a brief rise.
Somerset’s average private rent stood at £990 in May 2026, according to the ONS Price Index of Private Rents. That was up from £986 in April.
The monthly rise was 0.4%, so rents continued their steady upward path. The annual picture shows a stronger rise.
Somerset’s labour market picture in the latest ONS and Nomis data is broadly steady, with some signs of resilience but also a meaningful share of residents outside work. The county had a resident population of 588,328 in 2024, which gives the labour figures useful local scale.