House Prices in EX1 House Prices in EX1 (Exeter)

The average house price in EX1 (Exeter) is £348,315 using HM Land Registry data.

The average property price increased by £53,103 (12.32%) over the last 5 years and increased by £10,640 (2.05%) over the last 12 months.

Over the last year, there were 289 residential property sales – a decrease of 132 transactions (-45.67%) relative to the previous year. The majority of house sales (67) were in the £228,000 - £286,000 range. Then came properties in the £286,000 - £344,000 range, where 65 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 78 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,787 (-2%).

In Oct 24, there were 96 new estate agency instructions, 61 agreed home sales and 47 property price reductions.

5-Year Average Property Prices in EX1 (Exeter)

12.32%

Property prices in Exeter increased by 12.32% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in EX1 (Exeter) Over the Last Year

2.05%

Property prices in Exeter increased by 2.05% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for EX1 (Exeter) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in EX1 (Exeter)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in EX1 (Exeter)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in EX1 (Exeter)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the EX1 (Exeter) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the EX1 postcode area since 1995.

Recent Sales in EX1 (Exeter)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
24 Parkers Cross Lane, Exeter, Devon, EX1 3TA£370,000£350,000-£20,00026 Jan 202409 Aug 2024196 Days
21 Victor Street, Exeter, Devon, EX1 3BT£280,000£272,000-£8,00015 Mar 202409 Aug 2024147 Days
5 Stuart Road, Exeter, Devon, EX1 2SZ£280,000£265,000-£15,00026 Mar 202415 Jul 2024111 Days
6 Stepcote Hill, Exeter, Devon, EX1 1BD£260,000£260,000£0020 Mar 202405 Jul 2024107 Days
5 Honey Lane, Exeter, Devon, EX1 3TB£325,000£317,000-£8,00014 Feb 202405 Jul 2024142 Days
4 Ross Close, Exeter, Devon, EX1 3UE£400,000£400,000£0008 Jan 202403 Jul 2024177 Days
2 Steps Close, Exeter, Devon, EX1 3QH£290,000£288,000-£2,00007 Mar 202402 Jul 2024117 Days
57 Blackthorn Crescent, Exeter, Devon, EX1 3HQ£240,000£236,500-£3,50006 Dec 202328 Jun 2024205 Days
Flat 23, Pegasus Court, North Street, Heavitree, Exeter, Devon, EX1 2RP£155,000£152,500-£2,50012 Feb 202427 Jun 2024136 Days
137 Hamlin Lane, Exeter, Devon, EX1 2SF£399,500£385,000-£14,50004 Aug 202326 Jun 2024327 Days
46 St Annes Road, Exeter, Devon, EX1 2QD£325,000£320,000-£5,00009 Mar 202426 Jun 2024109 Days
74 Honiton Road, Exeter, Devon, EX1 3ED£375,000£373,000-£2,00027 Nov 202317 Jun 2024203 Days
52 Park Road, Exeter, Devon, EX1 2HT£425,000£415,000-£10,00021 Sep 202329 May 2024251 Days
25 Causey Gardens, Exeter, Devon, EX1 3SS£325,000£320,000-£5,00023 Jan 202429 May 2024127 Days
24 Denmark Road, Exeter, Devon, EX1 1SL£975,000£910,000-£65,00016 Nov 202328 May 2024194 Days
23 Whipton Barton Road, Exeter, Devon, EX1 3LS£270,000£267,500-£2,50008 Jan 202421 May 2024134 Days
58 Ladysmith Road, Exeter, Devon, EX1 2PS£300,000£297,500-£2,50014 Feb 202417 May 202493 Days
38 Sweetbrier Lane, Exeter, Devon, EX1 3AF£425,000£415,000-£10,00029 Jul 202326 Apr 2024272 Days
7 Sedgeclaire Close, Exeter, Devon, EX1 3SU£325,000£317,000-£8,00012 Jan 202425 Apr 2024104 Days
85 Birchy Barton Hill, Exeter, Devon, EX1 3HD£270,000£262,000-£8,00013 Oct 202319 Apr 2024189 Days

Most Expensive Streets in EX1 (Exeter)

PostcodeStreetAreaAverageNo. of Sales
EX1 1TLBaring CrescentExeter£988,3333
EX1 3PHHollow LaneExeter£750,5006
EX1 1RXBarnfield RoadExeter£674,0005
EX1 1SLDenmark RoadExeter£658,2005
EX1 1APDean Clarke House, Southernhay EastExeter£630,7147
EX1 3EFRingswell AvenueExeter£618,9463
EX1 3RGPinn LaneExeter£585,5004
EX1 3XPTithebarn CopseExeter£542,5004
EX1 2PJThird AvenueExeter£506,0004
EX1 3ETBirchy Barton HillExeter£503,3333

Least Expensive Streets in EX1 (Exeter)

PostcodeStreetAreaAverageNo. of Sales
EX1 2JPCleveland Court, Grosvenor PlaceExeter£93,7508
EX1 2FEAcland House, Verney Street, ExeterExeter£130,77510
EX1 2FGWheaton House, Red Lion LaneExeter£133,63611
EX1 1BBWestgate Court, West Street, ExeterExeter£141,3333
EX1 3BDHamlin GardensExeter£145,6663
EX1 2NBBaring FlatsExeter£152,5003
EX1 3HXMulberry CloseExeter£153,6254
EX1 3LFWayside CrescentExeter£156,2504
EX1 3NPHeadland CrescentExeter£156,40010
EX1 3YLNorse PlaceExeter£159,5404

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