Key indicators for buyers
The EX30 market is moderately favourable for buyers. Prices have softened (-65.8%), 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.
Yearly averages · HM Land Registry Price Paid Data
The average property in EX30 sold for £82,000 in 2005, with a median of £82,000 across 1 transactions. Prices fell 65.8% compared to the previous year.
2005averages · HM Land Registry Price Paid Data
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.
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.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average West Devon price of £82,000 with a 25% deposit (£21k), a 2-year fixed mortgage at 3.97% costs around £324 per month.
Monthly cost comparison based on current data
Uses EX30 avg. price with West Devon rental data
Monthly mortgage payments (£324) are £512 less than renting (£836). However, buying requires an upfront deposit of £21k — it would take around 2 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
THE OLD POOL, KNIGHTS COURT, HATHERLEIGH EX30 3HA | Detached | £82,000 | 10 Aug 2005 |
THE OLD POOL, KNIGHTS COURT, HATHERLEIGH EX30 3HA | Detached | £240,000 | 2 Nov 2000 |
The most recent recorded sale in EX30 was a detached property on Knights Court for £82,000 in August 2005. Across the last 2 sales, the median price was £240,000.
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.