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Crediton House Prices Crediton House Prices

The average house price in Crediton is £247,444 using HM Land Registry data.

The average property price increased by £59,112 (23.43%) over the last 5 years and increased by £11,841 (3.95%) over the last 12 months.

Over the last year, there were 105 residential property sales – a decrease of 21 transactions (-20.00%) relative to the previous year. The majority of house sales (25) were in the £188,000 - £246,000 range. Then came properties in the £304,000 - £362,000 range, where 20 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 178 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,949 (-2%).

In January 2025, there were 15 new estate agency instructions, 12 agreed home sales and 7 property price reductions.

Postcodes Covered: EX17

5-Year Average Property Prices in Crediton

23.43%

Property prices in Crediton increased by 23.43% 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 Crediton Over the Last Year

3.95%

Property prices in Crediton increased by 3.95% 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 Crediton - January 2025

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 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 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 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 Crediton since 1995

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

Recent Property Sales in Crediton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Threshers, Crediton, Devon, EX17 3NR£180,000£177,000-£3,00002 Aug 202406 Dec 2024126 Days
Flat 24, Redvers House, Union Road, Crediton, Devon, EX17 3AW£78,000£78,000£009 Apr 202429 Nov 2024234 Days
22 Prince Of Wales Road, Crediton, Devon, EX17 2AG£325,000£305,000-£20,00005 Aug 202426 Nov 2024113 Days
37 Willow Walk, Crediton, Devon, EX17 1DD£250,000£250,000£025 Sep 202422 Nov 202458 Days
74 Westernlea, Crediton, Devon, EX17 3JE£470,000£462,000-£8,00027 Aug 202415 Nov 202480 Days
12 Town Park, Crediton, Devon, EX17 3JN£250,000£240,000-£10,00030 Aug 202408 Nov 202470 Days
2 Alexandra Way, Crediton, Devon, EX17 2EA£375,000£360,000-£15,00014 Jun 202430 Oct 2024138 Days
Winswood Spinney, Park Road, Crediton, Devon, EX17 3BS£260,000£255,000-£5,00001 Jul 202424 Oct 2024115 Days
31 Greenway, Crediton, Devon, EX17 3LP£285,000£282,000-£3,00014 Jun 202407 Oct 2024115 Days
7 Kiddicott, Crediton, Devon, EX17 2AY£240,000£234,000-£6,00010 May 202427 Sep 2024140 Days
2 Dean Street, Crediton, Devon, EX17 3EN£170,000£170,000£031 May 202427 Sep 2024119 Days
2 Monks Close, Crediton, Devon, EX17 2EL£445,000£445,000£016 Jul 202420 Sep 202466 Days
Longfleet, Old Tiverton Road, Crediton, Devon, EX17 1EG£650,000£650,000£025 Apr 202416 Aug 2024113 Days
5 Churchill Drive, Crediton, Devon, EX17 2DW£235,000£235,000£011 Mar 202402 Aug 2024144 Days
1 New Cut, Crediton, Devon, EX17 2AZ£215,000£215,000£013 Mar 202430 Jul 2024139 Days
54 Queen Elizabeth Drive, Crediton, Devon, EX17 2EJ£260,000£255,000-£5,00011 Feb 202419 Jul 2024159 Days
21 Tuckers Meadow, Crediton, Devon, EX17 3NT£325,000£315,000-£10,00029 Jan 202405 Jul 2024158 Days
Fair Park, Exeter Road, Crediton, Devon, EX17 3BJ£1,000,000£980,000-£20,00028 Nov 202317 Jun 2024202 Days
38 Greenway, Crediton, Devon, EX17 3LP£365,000£357,000-£8,00010 May 202312 Jun 2024399 Days
38 Westernlea, Crediton, Devon, EX17 3JQ£335,000£330,000-£5,00009 Jan 202407 Jun 2024150 Days

Most Expensive Streets in Crediton

PostcodeStreetAreaAverageNo. of Sales
EX17 1EGOld Tiverton RoadCrediton£541,6663
EX17 2DSGeorge HillCrediton£531,6663
EX17 3SZElston MeadowWestwood£518,3333
EX17 2DAPeoples Park RoadCrediton£510,0004
EX17 2DZAlexandra RoadCrediton£485,9166
EX17 3FJWentworth GardensCrediton£481,86522
EX17 2ENJocelyn MeadCrediton£480,0003
EX17 3NFWestern RoadCrediton£479,0003
EX17 2ETSouthfield DriveCrediton£432,0003
EX17 3BHExeter RoadCrediton£431,4378

Least Expensive Streets in Crediton

PostcodeStreetAreaAverageNo. of Sales
EX17 3AWUnion RoadCrediton£94,54510
EX17 3BXDartmoor Railway MewsCrediton£103,2504
EX17 3DWKirton DriveCrediton£104,64412
EX17 3RDThe LodgeWestern Road£125,2005
EX17 3LEThe MewsBelle Court£132,0003
EX17 3EWDean StreetCrediton£144,0003
EX17 3DPAlexander CourtExeter Road£144,5874
EX17 2ATSearle StreetCrediton£149,7894
EX17 2AWParliament SquareParliament Street, Crediton£156,1666
EX17 2DBSearle StreetCrediton£162,7663

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