Torridge

Data from Land Registry, ONS, Bank of England

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Avg. price

£273,599

↑ +2.2% YoY

Affordability

8.21x

↓ price-to-earnings

Avg. rent

£788/mo

↑ +4.4% YoY

Market outlook for Torridge

Key indicators for buyers

Prices stable+2.2% YoYRelatively stable market

Stretched8.2xImproving from 11.7x in 2006

Rates favourable3.97%2yr fixed, 75% LTV

Market quiet-6% YoYLess competition

Rents rising fast+4.4% YoYWaiting costs more (£788/mo)

The Torridge market is moderately favourable for buyers. Affordability has improved from a peak of 11.7x in 2006 to 8.2x today. Rising rents (£788/mo, +4.4%) mean the cost of waiting is real.

Price trends

Average sale prices · HM Land Registry / UK HPI

£273,599

↑ +2.2% YoY

Affordability ratio

House price ÷ median earnings · ONS data

8.21x

price-to-earnings

A home in Torridge costs 8.2x the local median salary — stretched, improving from a peak of 11.7x in 2006.

Rental trends

Average monthly rent · ONS Private Rental Index

£788/mo

↑ +4.4% YoY

Average monthly rent in Torridge is £788, up 4.4% year-on-year. Rents have risen consistently over the past five years.

Monthly mortgage

2yr fixed · 75% LTV · 25yr term · BoE avg. rate

£1,080

per month at 3.97%

LTV

Term

Deposit (25%)

£68k

Stamp duty

£1k

Based on the average Torridge price of £273,599 with a 25% deposit (£68k), a 2-year fixed mortgage at 3.97% costs around £1,080 per month.

Rent vs buy snapshot

Monthly cost comparison based on current data

Renting

£788

per month

0% equity built

Buying (mortgage)

£1,080

per month

£292 more than renting

Breakeven

16yr

to recoup deposit

vs renting + investing

Monthly mortgage payments (£1,080) are £292 more than renting (£788). However, buying requires an upfront deposit of £68k — it would take around 16 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
38, HODGES WALK EX38 7NP	Terraced	£200,000	26 Jan 2026
8, TUCKERS PARK, BRADWORTHY EX22 7TL	Terraced	£280,000	21 Jan 2026
27, FAIRFAX WAY EX38 7DA	Detached	£425,000	20 Jan 2026
4, VENTON DRIVE, WESTWARD HO EX39 1HL	Detached	£460,000	20 Jan 2026
2, WRELANDS, ASHREIGNEY EX18 7ND	Semi-detached	£278,500	20 Jan 2026
3, BOWHAY, BLACK TORRINGTON EX21 5QA	Semi-detached	£280,000	19 Jan 2026
7, QUARRY CLOSE EX39 3RA	Detached

Explore postcodes in Torridge

5postcode 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