Property Data OutlookPL19
10,743 recorded transactions · Part of West Devon
Compare with another area →Market outlook for PL19
Key indicators for buyers
The PL19 market is moderately favourable for buyers. Prices have softened (-41.1%), which could present a buying opportunity. Affordability has improved from a peak of 12.8x in 2021 to 7.8x today. Rising rents (£836/mo, +2.1%) 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 West Devon area
A home in West Devon costs 7.8x the local median salary — moderate, improving from a peak of 12.8x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider West Devon area
Average monthly rent in West Devon is £836, up 2.1% 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 West Devon price of £209,333 with a 25% deposit (£52k), a 2-year fixed mortgage at 3.97% costs around £826 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses PL19 avg. price with West Devon rental data
Monthly mortgage payments (£826) are £10 less than renting (£836). However, buying requires an upfront deposit of £52k — it would take around 9 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 |
|---|---|---|---|
15, MANOR WAY PL19 8RF | Other | £285,000 | 16 Jan 2026 |
8A, MARKET STREET PL19 0DA | Flat/Maisonette | £153,000 | 16 Jan 2026 |
57, MONKSMEAD PL19 8ER | Terraced | £190,000 | 6 Jan 2026 |
22, LUTYENS FOLD, MILTON ABBOT PL19 0NR | Terraced | £232,500 | 19 Dec 2025 |
3, BUDDLE CLOSE PL19 0EG | Terraced | £228,000 | 19 Dec 2025 |
59, REDMOOR CLOSE PL19 0ER | Detached | £400,000 | 18 Dec 2025 |
THE STUDIO MAISONETTE, MERCHANTS HOUSE, BARLEY MARKET STREET PL19 0JF | Flat/Maisonette |
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.