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House Prices in EX17

The average house price in EX17 (Crediton) is £273,045 using HM Land Registry data.

The average property price increased by £109,674 (17.01%) over the last 5 years and increased by £21,975 (2.73%) over the last 12 months.

Over the last year, there were 198 residential property sales – a decrease of 60 transactions (-30.30%) relative to the previous year. The majority of house sales (62) were in the £264,000 - £358,000 range. Then came properties in the £170,000 - £264,000 range, where 59 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 102 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,266 (-1%).

In Oct 24, there were 38 new estate agency instructions, 44 agreed home sales and 28 property price reductions.

5-Year Average Property Prices in EX17 (Crediton)

17.01%

Property prices in Crediton increased by 17.01% 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 EX17 (Crediton) Over the Last Year

2.73%

Property prices in Crediton increased by 2.73% 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 EX17 (Crediton) - 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 EX17 (Crediton)

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 EX17 (Crediton)

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 EX17 (Crediton)

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 EX17 (Crediton) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the EX17 postcode area since 1995.

Recent Sales in EX17 (Crediton)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Longfleet, Old Tiverton Road, Crediton, Devon, EX17 1EG	£650,000	£650,000	£00	25 Apr 2024	16 Aug 2024	113 Days
5 Churchill Drive, Crediton, Devon, EX17 2DW	£235,000	£235,000	£00	11 Mar 2024	02 Aug 2024	144 Days
1 New Cut, Crediton, Devon, EX17 2AZ	£215,000	£215,000	£00	13 Mar 2024	30 Jul 2024	139 Days
54 Queen Elizabeth Drive, Crediton, Devon, EX17 2EJ	£260,000	£255,000	-£5,000	11 Feb 2024	19 Jul 2024	159 Days
6 Goss Meadow, Bow, Crediton, Devon, EX17 6JH	£320,000	£317,500	-£2,500	09 Jul 2024	19 Jul 2024	10 Days
21 Tuckers Meadow, Crediton, Devon, EX17 3NT	£325,000	£315,000	-£10,000	29 Jan 2024	05 Jul 2024	158 Days
Fair Park, Exeter Road, Crediton, Devon, EX17 3BJ	£1,000,000	£980,000	-£20,000	28 Nov 2023	17 Jun 2024	202 Days
38 Greenway, Crediton, Devon, EX17 3LP	£365,000	£357,000	-£8,000	10 May 2023	12 Jun 2024	399 Days
38 Westernlea, Crediton, Devon, EX17 3JQ	£335,000	£330,000	-£5,000	09 Jan 2024	07 Jun 2024	150 Days
66 Westernlea, Crediton, Devon, EX17 3JE	£335,000	£325,000	-£10,000	10 Jan 2024	07 Jun 2024	149 Days
15 Dulings Meadow, Copplestone, Crediton, Devon, EX17 5PE	£425,000	£405,000	-£20,000	04 Mar 2024	28 May 2024	85 Days
42 Barnfield, Crediton, Devon, EX17 3HS	£210,000	£200,000	-£10,000	01 Dec 2023	15 May 2024	166 Days
14 Church Street, Crediton, Devon, EX17 2AQ	£265,000	£250,500	-£14,500	09 Feb 2024	10 May 2024	91 Days
Flat 18, Redvers House, Union Road, Crediton, Devon, EX17 3AW	£57,000	£53,000	-£4,000	25 Jul 2023	03 May 2024	283 Days
Windfall, Threshers, Crediton, Devon, EX17 3NL	£375,000	£375,000	£00	04 Jan 2024	26 Apr 2024	113 Days
9 North Street, Crediton, Devon, EX17 2BT	£365,000	£350,000	-£15,000	23 Aug 2023	12 Apr 2024	233 Days
4 St Martins Close, Bow, Crediton, Devon, EX17 6JG	£195,000	£195,000	£00	06 Nov 2023	09 Apr 2024	155 Days
Flat 9, Parliament Square, Parliament Street, Crediton, Devon, EX17 2AW	£200,000	£195,000	-£5,000	12 Oct 2023	08 Apr 2024	179 Days
5 Albert Close, Crediton, Devon, EX17 2BU	£299,995	£296,000	-£3,995	08 Sep 2023	28 Mar 2024	202 Days
33 Tower Gardens, Crediton, Devon, EX17 2BQ	£250,000	£235,000	-£15,000	14 Nov 2023	15 Mar 2024	122 Days

Most Expensive Streets in EX17 (Crediton)

Postcode	Street	Area	Average	No. of Sales
EX17 6RJ	Morchard Bishop	Crediton	£999,000	3
EX17 4SY	East Worlington	Crediton	£815,333	3
EX17 6JE	Bow	Crediton	£774,000	5
EX17 5AL	Spreyton	Crediton	£748,125	8
EX17 5DU	Berrys Meadow, Spreyton	Crediton	£676,750	4
EX17 4EB	Creedy Park	Crediton	£668,333	3
EX17 4AE	Upton Hellions	Crediton	£654,166	3
EX17 6EA	Down St Mary	Crediton	£638,333	3
EX17 5NX	Copplestone	Crediton	£609,000	3
EX17 4RS	Kennerleigh	Crediton	£600,666	3

Least Expensive Streets in EX17 (Crediton)

Postcode	Street	Area	Average	No. of Sales
EX17 3AW	Union Road	Crediton	£96,383	9
EX17 3JP	High Street	Crediton	£99,000	3
EX17 3BX	Dartmoor Railway Mews	Crediton	£103,250	4
EX17 3DW	Kirton Drive	Crediton	£103,917	13
EX17 3EW	Dean Street	Crediton	£123,166	3
EX17 3RD	The Lodge, Western Road	Crediton	£125,200	5
EX17 3DP	Alexander Court, Exeter Road	Crediton	£144,587	4
EX17 2AT	Searle Street	Crediton	£146,718	3
EX17 2AW	Parliament Square, Parliament Street, Crediton	Crediton	£156,166	6
EX17 6QB	Prospect Way, Lapford	Crediton	£162,666	3