Property Data OutlookEX18
1,036 recorded transactions · Part of North Devon
Compare with another area →Market outlook for EX18
Key indicators for buyers
The EX18 market is moderately favourable for buyers. Prices have softened (-20.7%), which could present a buying opportunity. 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
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider North Devon area
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
Rental data shown for wider North Devon area
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 £278,500 with a 25% deposit (£70k), a 2-year fixed mortgage at 3.97% costs around £1,099 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses EX18 avg. price with North Devon rental data
Monthly mortgage payments (£1,099) are £238 more than renting (£861). However, buying requires an upfront deposit of £70k — it would take around 14 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 |
|---|---|---|---|
2, WRELANDS, ASHREIGNEY EX18 7ND | Semi-detached | £278,500 | 20 Jan 2026 |
2, FORE STREET EX18 7BR | Terraced | £130,000 | 19 Dec 2025 |
HIGH DOWN, BRIDGE REEVE EX18 7BA | Detached | £670,000 | 19 Dec 2025 |
EWELL HOUSE, CHAWLEIGH EX18 7HN | Detached | £405,000 | 12 Dec 2025 |
1, BEECH LEA, ASHREIGNEY EX18 7NA | Semi-detached | £260,000 | 10 Dec 2025 |
ELMSLEIGH, THE VILLAGE, WEMBWORTHY EX18 7RX | Detached | £390,000 | 5 Dec 2025 |
ROWENWELL, ASHREIGNEY EX18 7NB | Detached |
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.