Property Data OutlookNorth Devon
Data from Land Registry, ONS, Bank of England
Compare with another area →Market outlook for North Devon
Key indicators for buyers
The North Devon market is moderately favourable for buyers. Affordability has improved from a peak of 11.1x in 2007 to 9.2x today. Rising rents (£861/mo, +5.0%) mean the cost of waiting is real.
Price trends
Average sale prices · HM Land Registry / UK HPI
Affordability ratio
House price ÷ median earnings · ONS data
A home in North Devon costs 9.2x the local median salary — stretched, improving from a peak of 11.1x in 2007.
Rental trends
Average monthly rent · ONS Private Rental Index
Average monthly rent in North Devon is £861, up 5.0% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average North Devon price of £291,554 with a 25% deposit (£73k), a 2-year fixed mortgage at 3.97% costs around £1,151 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Monthly mortgage payments (£1,151) are £290 more than renting (£861). However, buying requires an upfront deposit of £73k — it would take around 15 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
6, PILL LANE EX32 9EG | Semi-detached | £232,166 | 27 Jan 2026 |
46, GLOSTER ROAD EX32 9JR | Terraced | £240,000 | 23 Jan 2026 |
6, BICKINGTON HILL, BICKINGTON EX31 2JQ | Terraced | £190,000 | 23 Jan 2026 |
3, CORNFLOWER CLOSE, ROUNDSWELL EX31 3RE | Detached | £300,000 | 23 Jan 2026 |
1, CHAPEL STREET EX33 1EL | Semi-detached | £365,000 | 23 Jan 2026 |
8, BARRACKS ROAD, FREMINGTON EX31 3FP | Detached | £415,000 | 23 Jan 2026 |
1, WESTER MOOR CLOSE, ROUNDSWELL EX31 3XA | Detached |
Explore postcodes in North Devon
8postcode districts · Click for detailed prices
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.