House prices · English region
House prices in the South West
The South West averages just above the England-wide figure. Prices slipped slightly in the year to July 2026, one of only two English regions to fall.
- Average price
- £302,298 July 2026
- Annual change
- −0.2% UK +1.4%
- vs UK average
- +10.9% UK £272,611
- Rank of 12
- #4 price #11 for growth
Source: HM Land Registry, UK House Price Index (July 2026), published 16 September 2026. Next update 21 October 2026.
Buying costs
Stamp Duty Land Tax on an average home
What each kind of buyer would pay on £302,298, at the rates in force in October 2026.
First-time buyers pay nothing on the first £300,000 and 5% up to £500,000; above £500,000 the relief is lost.
Work out your exact figureDeposits
Saving for an average home in the South West
Most lenders want at least a 5% deposit, and the best rates usually start at 10% to 15%. As a rough guide, a lender offering 4.5 times income would need a household income of about £60,500 to lend the rest on a 10% deposit.
Illustrative only. Lenders assess affordability individually; this is not mortgage advice.
- 5% deposit
- £15,115
- 10% deposit
- £30,230
- 15% deposit
- £45,345
How it compares
South West against the rest of the UK
Source: HM Land Registry, UK House Price Index (July 2026). Northern Ireland is quarterly (Q2 2026).
Places
Where this covers
The South West figures cover Bristol, Bath, Exeter, Plymouth, Gloucester and Bournemouth, among other places. Prices vary a lot street by street, which is why our Street Hosts exist: neighbours who can tell you what the averages can't.
Questions about South West
What is the average house price in the South West?
The average home in the South West cost £302,298 in July 2026, according to HM Land Registry, UK House Price Index (July 2026). That is 11% above the UK average of £272,611.
Are house prices rising in the South West?
Prices were down 0.2% on a year earlier in July 2026, slower than the UK-wide change of +1.4%. Official figures lag the market by about two months because they record completed sales.
How much Stamp Duty would I pay on an average home in the South West?
On £302,298, a home mover would pay £5,114 in Stamp Duty Land Tax, a first-time buyer £114, and someone buying an additional home £20,229. Use our calculator for your exact price.
Selling in the South West?
Get a sell-ready valuation: a price backed by local evidence, and a plan for your Open Book.