The average B&NES home lost £2,941 in the year to July while all five neighbouring councils gained. Flats are back to their January 2022 prices.
The average home in Bath and North East Somerset was worth £409,045 in July, £2,941 less than in July last year, according to the Land Registry’s UK House Price Index (UKHPI, July 2026).
That is a fall of 0.7 per cent. Every one of the five council areas this district borders went the other way, by between 2.1 and 3.8 per cent.
The figures are mean averages, not medians, and they cover the whole district: Bath, Keynsham, Midsomer Norton, Radstock, Saltford and the Chew Valley. A house in central Bath typically costs a good deal more than the district figure, as our Bath house prices page sets out.
The district is the odd one out
North Somerset gained £11,492 over the year and South Gloucestershire £11,310. This district lost money. England as a whole rose 1.1 per cent, though the South West region was almost flat, down 0.2 per cent.
It is worth saying what has not changed. At £409,045 the district is still the most expensive of the six by a wide margin. Bristol, the nearest to it, averages £352,262, which is £56,783 less.
Flats are doing the damage
The district average is a blend of four very different markets, and only one of them fell hard.
| Property type | July 2025 | July 2026 | Change |
|---|---|---|---|
| Detached | £720,686 | £716,072 | down £4,614 |
| Semi-detached | £443,294 | £445,620 | up £2,326 |
| Terraced | £388,902 | £389,042 | up £140 |
| Flat or maisonette | £248,041 | £239,382 | down £8,659 |
| All types | £411,986 | £409,045 | down £2,941 |
Flats fell 3.5 per cent. At £239,382 the average flat in the district has not been worth this little since January 2022, when it was £237,174. Between February 2022 and March this year the monthly figure never once dropped below July’s level.
Terraced homes were within £140 of where they were a year ago, which after four years of movement counts as standing still.
The first-time buyer average across all types was £333,214, down £1,761 on the year.
Still short of last November
The district’s highest monthly average on record was £425,276 in November 2025. July’s figure is £16,231 below it, nine months on.
Our report in August, using May data, put the gap at £18,016 and noted that the district had grown more slowly over the year than any of its five neighbours. Two months on, the district has stopped growing altogether while the neighbours have not.
What it means for you
If you are selling. The pattern in this district is now type-specific rather than general. A semi or a terrace is worth roughly what it was a year ago. A flat is not, and a valuation based on a 2024 or early-2025 sale nearby is likely to be too high.
If you are buying a flat. Prices are back to where they were at the start of 2022. That is the one part of this market where the last year has moved in a buyer’s favour.
If you are checking your council tax band. Bands are set on 1 April 1991 values, not today’s, so a fall in the index changes nothing about what you pay. Our council tax bands page sets out the figures for each band and parish.
If you are watching what gets built. The council’s draft Local Plan, out for consultation until late October, proposes where the district’s next homes go. We covered the consultation opening and the 22,000-home figure behind it, and current applications are tracked on our planning news page.
How the index works
The UK House Price Index is built from completed sales registered with HM Land Registry, so it lags the market: a sale agreed in May often reaches the index as a July completion. It is a mean average, which a small number of very expensive sales can pull upwards, and it is not the same as the median figures quoted by some agents.
The Land Registry had not published sales volumes for June or July 2026 when this was written, so how many homes changed hands over the summer is not yet on the record. Monthly figures are also revised as late registrations come in.
Have your say