Yeovil Property Market Overview
South Somerset market town with aerospace employment base and affordable development land
The Yeovil property market recorded 689 residential sales over the past 12 months, with a median sale price of £240,000. This places Yeovil £54k below the Somerset county median of £294,000, and £45k below the UK national median of £285,000.
Prices in Yeovil have shown a moderate decline, with a year-on-year change of -2%. Within Somerset, Yeovil ranks 8th by price out of 8 principal towns, and 5th by transaction volume.
Yeovil House Prices by Property Type
Property prices in Yeovil vary significantly by type. The table below compares Yeovil prices with Somerset county averages and UK national figures.
| Type | Yeovil | Somerset Avg | UK Avg |
|---|---|---|---|
| Detached | £380,000 | £432,500 | £420,000 |
| Semi-detached | £255,000 | £293,750 | £265,000 |
| Terraced | £202,000 | £251,250 | £230,000 |
| Flat | £120,000 | £156,500 | £225,000 |
Detached homes in Yeovil command £380,000, while flat properties are most accessible at £120,000. The £260k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.
Median Price by Property Type
New Build Homes in Yeovil
Yeovil recorded 4 new-build transactions in the past 12 months, representing 0.6% of total sales. New-build supply is limited, potentially indicating either planning constraints or an untapped opportunity for developers.
New-build properties in Yeovil traded at a premium of 41.9% versus existing stock. This premium supports the viability of new development, as buyers are willing to pay more for new homes.
Across the wider Somerset market, 118 new-build completions were recorded — see our Somerset property market report for the full county picture.
Recent Property Sales in Yeovil
The following table shows the most recent property transactions recorded in Yeovil, providing real-time evidence of achieved prices for buyers, sellers, and developers:
| Price | Type | Postcode | Date | Status |
|---|---|---|---|---|
| £212,000 | Terraced | BA22 7PT | 2026-02-25 | Existing |
| £245,000 | Semi-detached | BA21 3UE | 2026-02-20 | Existing |
| £145,000 | Flat | BA21 3GU | 2026-02-20 | Existing |
| £168,000 | Terraced | BA21 3SB | 2026-02-20 | Existing |
| £660,000 | Detached | BA22 7LH | 2026-02-19 | Existing |
These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £145,000 to £660,000 illustrates the breadth of the Yeovil market.
Development Finance in Yeovil
For developers considering Yeovil, the local market data translates directly into finance structuring. With a median value of £240,000 and detached homes at £380,000, lenders can assess scheme viability with confidence.
A typical development finance facility for a Yeovil scheme with a GDV of £380,000 would attract senior debt of approximately £247,000 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.
While prices have softened 2% year-on-year, experienced developers can still generate strong returns in Yeovil by targeting well-located sites with clear demand drivers.
Ready to develop in Yeovil? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.
Yeovil Compared to Nearby Somerset Towns
To put Yeovil's market in context, the table below compares it with similarly-priced towns across Somerset:
| Town | Median Price | Sales (12m) | YoY Change |
|---|---|---|---|
| Yeovil | £240,000 | 689 | -2% |
| Bridgwater | £252,750 | 804 | +1.1% |
| Taunton | £277,500 | 1,231 | -0.9% |
| Glastonbury | £278,000 | 157 | -2.1% |
| Weston-super-Mare | £310,000 | 2,663 | -1.6% |
| Frome | £324,995 | 401 | 0% |
For the full Somerset town-by-town breakdown, see our comprehensive Somerset property market report.
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5 min readFrequently Asked Questions
What is the average house price in Yeovil?
The median house price in Yeovil is £240,000, based on 689 transactions over the past 12 months. Detached homes average £380,000 while flat properties average £120,000.
Are house prices rising or falling in Yeovil?
House prices in Yeovil are falling at -2% year-on-year. This decline may present buying opportunities for investors and developers. The wider Somerset market is rising at +0.1%.
How many properties sold in Yeovil recently?
Yeovil recorded 689 residential property sales in the past 12 months. This high volume indicates a liquid, active market.
What development finance is available for projects in Yeovil?
Developers in Yeovil can access development finance from 6.5% p.a. at 65-70% LTGDV, mezzanine finance stretching to 85-90% of costs, bridging loans completing in 5-10 days, and development exit finance. Construction Capital sources the best terms from 100+ lenders.