Property Data OutlookEX31
16,176 recorded transactions · Part of North Devon
Compare with another area →Market outlook for EX31
Key indicators for buyers
The EX31 market presents a mixed picture for buyers. Prices are rising at 4.3%, which may favour acting sooner rather than later. 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 £336,500 with a 25% deposit (£84k), a 2-year fixed mortgage at 3.97% costs around £1,328 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses EX31 avg. price with North Devon rental data
Monthly mortgage payments (£1,328) are £467 more than renting (£861). However, buying requires an upfront deposit of £84k — it would take around 21 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 |
|---|---|---|---|
8, BARRACKS ROAD, FREMINGTON EX31 3FP | Detached | £415,000 | 23 Jan 2026 |
3, CORNFLOWER CLOSE, ROUNDSWELL EX31 3RE | Detached | £300,000 | 23 Jan 2026 |
6, BICKINGTON HILL, BICKINGTON EX31 2JQ | Terraced | £190,000 | 23 Jan 2026 |
1, WESTER MOOR CLOSE, ROUNDSWELL EX31 3XA | Detached | £240,000 | 20 Jan 2026 |
37, TRAYNE HEIGHTS EX31 4FQ | Detached | £540,000 | 14 Jan 2026 |
2, MANOR VIEW, MANOR PARK, STICKLEPATH EX31 2AQ | Detached | £325,000 | 9 Jan 2026 |
14, LITTLEMOOR CLOSE, WEST YELLAND EX31 3HW |
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.