Property Data OutlookSouth Hams
Data from Land Registry, ONS, Bank of England
Compare with another area →Market outlook for South Hams
Key indicators for buyers
The South Hams market is moderately favourable for buyers. Prices have softened (-5.3%), which could present a buying opportunity. Affordability has improved from a peak of 13.3x in 2023 to 11.4x today. Rising rents (£996/mo, +3.8%) 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 South Hams costs 11.4x the local median salary — very stretched, improving from a peak of 13.3x in 2023.
Rental trends
Average monthly rent · ONS Private Rental Index
Average monthly rent in South Hams is £996, up 3.8% 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 South Hams price of £358,578 with a 25% deposit (£90k), a 2-year fixed mortgage at 3.97% costs around £1,415 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Monthly mortgage payments (£1,415) are £419 more than renting (£996). However, buying requires an upfront deposit of £90k — it would take around 17 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 |
|---|---|---|---|
17, HIGHER MOOR, AVONWICK TQ10 9FE | Semi-detached | £282,200 | 27 Jan 2026 |
THE SHANTY, SOUTH MILTON TQ7 3JG | Terraced | £357,500 | 23 Jan 2026 |
2, START BAY PARK, STRETE TQ6 0RY | Detached | £325,000 | 22 Jan 2026 |
THE MOORINGS, WARFLEET TQ6 9BZ | Detached | £925,000 | 20 Jan 2026 |
5, CLOVER RISE PL6 7TB | Detached | £372,000 | 20 Jan 2026 |
4, NEW ORCHARD TQ10 9DL | Detached | £345,000 | 19 Jan 2026 |
FLAT 12, WEST CHARLETON COURT, WEST CHARLETON TQ7 2AE | Flat/Maisonette |
Explore postcodes in South Hams
7postcode 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.