Property -The Somerset v Dorset price gap widens

Somerset property prices
Price differentials between Somerset and Dorset

This chart from the Land Registry shows the property price trend between Somerset and Dorset over the last decade. Prices more than doubled, peaking in 2008, but have now dropped away, and anyone who bought since then could be looking at a loss.

The charts indicates that Somerset property  failed to pick up when the market revived slightly in 2009, and the gap between property prices in Somerset and Dorset widened considerably.

The graph is flat, but which way will it go? Whatever happens, Somerset offers undoubted value over its southern neighbour.

In our next update we will look at price comparisons with other areas.

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