2.3 South West — South West
The South West recorded an average price paid of £357,014 in July 2026, a decline of 3.0% year-on-year. Average monthly rents rose 4.7% to £1,141, and gross yields expanded by 0.28 percentage points to 3.83%. The region showed a notable split, with coastal and rural areas recording price falls while several inland areas posted gains.
Property Prices by Postcode Area
Jul-26 average price by property type, with year-on-year change vs Jul-25.
| Area | Location | All | Detached | Semi-Det. | Terraced | Flat |
|---|---|---|---|---|---|---|
| Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | ||
| BA | Bath | £349,930 ▼ 14.2% | £497,562 ▼ 15.9% | £293,886 ▼ 18.3% | £327,925 ▼ 2.2% | £245,054 ▲ 5.2% |
| BH | Bournemouth | £440,329 ▲ 1.2% | £579,589 ▼ 2.2% | £350,170 ▼ 4.8% | £311,969 ▼ 0.5% | £249,191 ▲ 0.1% |
| BS | Bristol | £378,933 ▼ 3.7% | £534,509 ▼ 8.4% | £386,612 ▼ 8.4% | £375,354 ▲ 3.5% | £246,663 ▼ 7.8% |
| DT | Dorchester | £312,682 ▼ 12.7% | £484,974 ▼ 5.7% | £298,654 ▼ 13.5% | £261,186 ▼ 15.7% | £151,045 ▼ 22.9% |
| EX | Exeter | £361,220 ▲ 3.3% | £479,676 ▼ 1.4% | £329,047 ▼ 0.1% | £282,868 ▲ 8.1% | £198,476 ▼ 7.9% |
| GL | Gloucester | £369,705 ▼ 5.2% | £548,407 ▼ 6.4% | £337,370 ▼ 6% | £277,174 ▼ 8% | £185,656 ▼ 4.1% |
| PL | Plymouth | £289,271 ▲ 1.3% | £439,864 ▼ 3% | £267,297 ▲ 0.3% | £234,125 ▲ 1.6% | £163,940 ▼ 1.1% |
| SN | Swindon | £342,512 ▼ 2% | £493,111 ▼ 4.6% | £320,948 ▼ 0.3% | £284,010 ▲ 7.1% | £158,284 ▼ 2% |
| SP | Salisbury | £395,951 ▲ 2.9% | £524,535 ▼ 6.5% | £356,572 ▲ 3.7% | £312,532 ▲ 0.7% | £220,071 ▲ 42.3% |
| TA | Taunton | £332,495 ▲ 7.7% | £479,794 ▲ 4% | £292,552 ▲ 0.8% | £245,654 ▼ 0.6% | £146,595 ▼ 2.6% |
| TQ | Torquay | £299,452 ▼ 13.7% | £448,891 ▼ 11.1% | £289,984 ▼ 15.9% | £239,653 ▼ 9.6% | £147,145 ▼ 19.5% |
| TR | Truro | £345,078 ▼ 8.1% | £461,115 ▼ 17.2% | £315,713 ▼ 0.3% | £275,641 ▼ 3.1% | £222,500 ▲ 11.7% |
| South West | £357,014 ▼ 3% | £508,605 ▼ 5.7% | £324,175 ▼ 6.5% | £296,897 ▲ 1.2% | £211,535 ▼ 1.8% | |
BA recorded the steepest price fall at -14.2% to £349,930, followed by TQ at -13.7% and DT at -12.7%. TA recorded the strongest price growth at +7.7% to £332,495, with EX (+3.3%) and SP (+2.9%) also posting gains. BH remained the most expensive area at £440,329.
Average Monthly Rent by Postcode Area
Jul-26 average monthly rent by property type, with year-on-year change vs Jul-25.
| Area | Location | All | Detached | Semi-Det. | Terraced | Flat |
|---|---|---|---|---|---|---|
| Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | ||
| BA | Bath | £1,533 ▲ 7% | £2,001 ▲ 6.5% | £1,646 ▲ 7.1% | £1,602 ▲ 7.1% | £1,155 ▲ 6.9% |
| BH | Bournemouth | £1,295 ▲ 3.2% | £1,743 ▲ 2.7% | £1,405 ▲ 3.3% | £1,260 ▲ 3.5% | £1,009 ▲ 3.1% |
| BS | Bristol | £1,595 ▲ 5.5% | £1,962 ▲ 4.9% | £1,740 ▲ 5.6% | £1,657 ▲ 5.7% | £1,269 ▲ 5.3% |
| DT | Dorchester | £1,050 ▲ 4.8% | £1,433 ▲ 4.2% | £1,143 ▲ 5% | £1,039 ▲ 5.1% | £835 ▲ 4.5% |
| EX | Exeter | £977 ▲ 2.7% | £1,296 ▲ 2.3% | £1,045 ▲ 2.9% | £984 ▲ 2.9% | £779 ▲ 2.6% |
| GL | Gloucester | £1,112 ▲ 6.1% | £1,537 ▲ 5.7% | £1,195 ▲ 6.2% | £1,091 ▲ 6.3% | £860 ▲ 6% |
| PL | Plymouth | £992 ▲ 4% | £1,292 ▲ 3.6% | £1,058 ▲ 4.2% | £1,019 ▲ 4.2% | £799 ▲ 3.8% |
| SN | Swindon | £1,094 ▲ 4.8% | £1,513 ▲ 4.3% | £1,188 ▲ 4.9% | £1,071 ▲ 5% | £884 ▲ 4.6% |
| SP | Salisbury | £1,122 ▲ 6.1% | £1,555 ▲ 5.6% | £1,233 ▲ 6.3% | £1,116 ▲ 6.3% | £890 ▲ 6% |
| TA | Taunton | £962 ▲ 3.4% | £1,299 ▲ 2.9% | £1,042 ▲ 3.5% | £951 ▲ 3.6% | £772 ▲ 3.2% |
| TQ | Torquay | £953 ▲ 3.8% | £1,299 ▲ 3.4% | £1,036 ▲ 4% | £944 ▲ 4% | £753 ▲ 3.7% |
| TR | Truro | £1,004 ▲ 3.3% | £1,283 ▲ 2.9% | £1,074 ▲ 3.6% | £1,038 ▲ 3.5% | £814 ▲ 3.2% |
| South West | £1,141 ▲ 4.7% | £1,518 ▲ 4.2% | £1,234 ▲ 4.8% | £1,148 ▲ 4.9% | £902 ▲ 4.5% | |
BA and GL led rent growth at 7.0% and 6.1% respectively, with SP also rising 6.1%. EX recorded the weakest growth at 2.7%, followed by BH at 3.2%. BS commands the highest average monthly rent in the region at £1,595.
Gross Rental Yields by Postcode Area
Jul-26 gross yield (annual rent ÷ purchase price) by property type, with year-on-year change vs Jul-25.
| Area | Location | All | Detached | Semi-Det. | Terraced | Flat |
|---|---|---|---|---|---|---|
| Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | ||
| BA | Bath | 5.3% ▲ 1.04pp | 4.8% ▲ 1.02pp | 6.7% ▲ 1.59pp | 5.9% ▲ 0.51pp | 5.7% ▲ 0.09pp |
| BH | Bournemouth | 3.5% ▲ 0.07pp | 3.6% ▲ 0.17pp | 4.8% ▲ 0.38pp | 4.8% ▲ 0.19pp | 4.9% ▲ 0.14pp |
| BS | Bristol | 5.1% ▲ 0.44pp | 4.4% ▲ 0.56pp | 5.4% ▲ 0.72pp | 5.3% ▲ 0.11pp | 6.2% ▲ 0.77pp |
| DT | Dorchester | 4.0% ▲ 0.67pp | 3.5% ▲ 0.34pp | 4.6% ▲ 0.81pp | 4.8% ▲ 0.94pp | 6.6% ▲ 1.74pp |
| EX | Exeter | 3.2% ▼ 0.02pp | 3.2% ▲ 0.12pp | 3.8% ▲ 0.11pp | 4.2% ▼ 0.21pp | 4.7% ▲ 0.48pp |
| GL | Gloucester | 3.6% ▲ 0.38pp | 3.4% ▲ 0.39pp | 4.3% ▲ 0.49pp | 4.7% ▲ 0.64pp | 5.6% ▲ 0.53pp |
| PL | Plymouth | 4.1% ▲ 0.11pp | 3.5% ▲ 0.22pp | 4.7% ▲ 0.18pp | 5.2% ▲ 0.13pp | 5.9% ▲ 0.28pp |
| SN | Swindon | 3.8% ▲ 0.25pp | 3.7% ▲ 0.32pp | 4.4% ▲ 0.22pp | 4.5% ▼ 0.09pp | 6.7% ▲ 0.42pp |
| SP | Salisbury | 3.4% ▲ 0.1pp | 3.6% ▲ 0.41pp | 4.2% ▲ 0.1pp | 4.3% ▲ 0.23pp | 4.9% ▼ 1.66pp |
| TA | Taunton | 3.5% ▼ 0.15pp | 3.2% ▼ 0.03pp | 4.3% ▲ 0.11pp | 4.6% ▲ 0.19pp | 6.3% ▲ 0.35pp |
| TQ | Torquay | 3.8% ▲ 0.64pp | 3.5% ▲ 0.49pp | 4.3% ▲ 0.82pp | 4.7% ▲ 0.62pp | 6.1% ▲ 1.37pp |
| TR | Truro | 3.5% ▲ 0.39pp | 3.3% ▲ 0.65pp | 4.1% ▲ 0.15pp | 4.5% ▲ 0.29pp | 4.4% ▼ 0.37pp |
| South West | 3.8% ▲ 0.28pp | 3.6% ▲ 0.34pp | 4.6% ▲ 0.49pp | 4.6% ▲ 0.16pp | 5.1% ▲ 0.31pp | |
BA offers the highest gross yield in the region at 5.26%, up 1.04 percentage points year-on-year — a combination of a significant price fall and strong rent growth. BS follows at 5.05% (+0.44pp), with DT and TQ also recording notable yield expansion of +0.67pp and +0.64pp respectively. EX remains the lowest yielding area at 3.24%.