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House Prices in EX16

The average house price in EX16 (Tiverton) is £287,656 using HM Land Registry data.

The average property price increased by £107,221 (44.62%) over the last 5 years and increased by £21,435 (5.98%) over the last 12 months.

Over the last year, there were 308 residential property sales – a decrease of 176 transactions (-57.14%) relative to the previous year. The majority of house sales (93) were in the £244,000 - £328,000 range. Then came properties in the £160,000 - £244,000 range, where 81 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 63 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,354 (-3%).

In June 2024, there were 87 new estate agency instructions, 53 agreed home sales and 56 property price reductions.

5-Year Average Property Prices in EX16 (Tiverton)

44.62%

Property prices in Tiverton increased by 44.62% 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 EX16 (Tiverton) Over the Last Year

5.98%

Property prices in Tiverton increased by 5.98% 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.

Property Market Heat Gauge for EX16 (Tiverton) - June 2024

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 EX16 (Tiverton)

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 EX16 (Tiverton)

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 EX16 (Tiverton)

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 EX16 (Tiverton) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the EX16 postcode area since 1995.

Recent Sales in EX16 (Tiverton)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
19 Bourchier Close, Bampton, Tiverton, Devon, EX16 9AG	£415,000	£410,000	-£5,000	06 Jan 2024	17 May 2024	132 Days
2 Bridge Terrace, Tiverton, Devon, EX16 5LU	£240,000	£240,000	£00	18 Mar 2024	17 May 2024	60 Days
16 Bonville Crescent, Tiverton, Devon, EX16 4BN	£325,000	£297,500	-£27,500	19 Sep 2023	17 May 2024	241 Days
2 Bourchier Close, Bampton, Tiverton, Devon, EX16 9AG	£275,000	£275,000	£00	16 Jan 2024	14 May 2024	119 Days
33 Sideling Fields, Tiverton, Devon, EX16 4HG	£495,000	£485,000	-£10,000	06 Oct 2023	10 May 2024	217 Days
11 Leverlake Close, Tiverton, Devon, EX16 6TS	£400,000	£395,000	-£5,000	10 Oct 2023	09 May 2024	212 Days
7 Westcott Road, Tiverton, Devon, EX16 4EY	£360,000	£345,000	-£15,000	25 Oct 2023	01 May 2024	189 Days
7 Orpington Court, Halberton, Tiverton, Devon, EX16 7DD	£575,000	£575,000	£00	13 Feb 2024	30 Apr 2024	77 Days
2 Wellbrook Street, Tiverton, Devon, EX16 5JN	£155,000	£145,000	-£10,000	12 Jul 2023	24 Apr 2024	287 Days
114 Barrington Street, Tiverton, Devon, EX16 6QS	£175,000	£167,000	-£8,000	20 Sep 2023	15 Apr 2024	208 Days
6 Home Orchard, Sampford Peverell, Tiverton, Devon, EX16 7FD	£725,000	£688,750	-£36,250	03 Feb 2024	09 Apr 2024	66 Days
34 Siddalls Gardens, Tiverton, Devon, EX16 6DG	£225,000	£218,000	-£7,000	18 Dec 2023	08 Apr 2024	112 Days
25 Starkey Close, Tiverton, Devon, EX16 4RB	£225,000	£220,000	-£5,000	20 Oct 2023	28 Mar 2024	160 Days
16 Brooke Road, Witheridge, Tiverton, Devon, EX16 8AT	£199,950	£183,500	-£16,450	05 Dec 2023	26 Mar 2024	112 Days
22 Cowleymoor Road, Tiverton, Devon, EX16 6HH	£340,000	£330,000	-£10,000	20 Sep 2023	22 Mar 2024	184 Days
4 Withy Close, Tiverton, Devon, EX16 4HY	£299,950	£290,000	-£9,950	15 Apr 2023	18 Mar 2024	338 Days
Carrisbrook, Higher Cross Meadow, Sampford Peverell, Tiverton, Devon, EX16 7SG	£510,000	£505,000	-£5,000	02 Nov 2023	18 Mar 2024	137 Days
12 Market Close, Bampton, Tiverton, Devon, EX16 9NU	£280,000	£270,000	-£10,000	14 Sep 2023	15 Mar 2024	183 Days
5 Beech Tree Drive, Tiverton, Devon, EX16 5BE	£425,000	£420,000	-£5,000	06 Oct 2023	08 Mar 2024	154 Days
1 Pine Close, Tiverton, Devon, EX16 5BY	£450,000	£438,000	-£12,000	18 Sep 2023	08 Mar 2024	172 Days

Most Expensive Streets in EX16 (Tiverton)

Postcode	Street	Area	Average	No. of Sales
EX16 4NH	West Manley Lane	Tiverton	£1,055,000	3
EX16 9JZ	Wonham, Bampton	Tiverton	£944,500	4
EX16 8LH	Pennymoor	Tiverton	£745,666	3
EX16 8DN	Rackenford	Tiverton	£721,111	3
EX16 4NU	Ash Thomas	Tiverton	£695,833	3
EX16 7NA	Huntsham	Tiverton	£686,812	4
EX16 8JG	Withleigh	Tiverton	£673,875	8
EX16 7RX	Cove	Tiverton	£657,000	5
EX16 7BN	Turnpike, Sampford Peverell	Tiverton	£652,500	4
EX16 9QS	Lurley	Tiverton	£643,166	3

Least Expensive Streets in EX16 (Tiverton)

Postcode	Street	Area	Average	No. of Sales
EX16 6PE	Angel Hill	Tiverton	£75,000	4
EX16 4QA	Rena Hobson Court	Tiverton	£87,312	8
EX16 5DT	Westexe South	Tiverton	£104,500	4
EX16 5HX	Church Street	Tiverton	£105,312	4
EX16 6AJ	Riverside Court, Chapel Street, Tiverton	Tiverton	£121,166	3
EX16 4JP	New Parade	Tiverton	£121,666	3
EX16 4JD	Fig Tree Court, Canal Hill	Tiverton	£128,833	6
EX16 5PG	Palmerston Park	Tiverton	£143,689	4
EX16 6GZ	Perreyman Square	Tiverton	£144,166	12
EX16 6QS	Barrington Street	Tiverton	£146,807	13