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House Prices in EX16 House Prices in EX16 (Tiverton)

The average house price in EX16 (Tiverton) is £418,695 using HM Land Registry data.

The average property price increased by £83,033 (44.62%) over the last 5 years and increased by £16,637 (5.98%) over the last 12 months.

Over the last year, there were 311 residential property sales – a decrease of 95 transactions (-30.55%) 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 75 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 77 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,354 (-3%).

In Oct 24, there were new estate agency instructions, 57 agreed home sales and 61 property price reductions.

Nearby Postcodes: EX1, EX10, EX11, EX14, EX15, EX17, EX18, EX2, EX20, EX3, EX32, EX36, EX37, EX4, EX5, EX6, EX8, EX9, TA1, TA2, TA21, TA22, TA23, TA24, TA3, TA4, TA5

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.

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 EX16 (Tiverton) - 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 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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
14 Clare Drive, Tiverton, Devon, EX16 6TJ£220,000£210,000-£10,00013 Jul 202428 Aug 202446 Days
4 Alstone Road, Tiverton, Devon, EX16 4JL£245,000£238,000-£7,00015 Jul 202423 Aug 202439 Days
10 Green Acre, Halberton, Tiverton, Devon, EX16 7FE£525,000£505,000-£20,00016 Mar 202422 Aug 2024159 Days
6 Fairfield, Sampford Peverell, Tiverton, Devon, EX16 7DE£395,000£385,000-£10,00024 May 202409 Aug 202477 Days
21 Peard Road, Tiverton, Devon, EX16 4LG£270,000£255,500-£14,50018 Mar 202406 Aug 2024141 Days
Merton Lodge, Bakers Hill, Tiverton, Devon, EX16 5BS£499,950£475,000-£24,95021 Dec 202305 Aug 2024228 Days
18 Lockyer Crescent, Tiverton, Devon, EX16 5QF£325,000£320,000-£5,00010 May 202431 Jul 202482 Days
18 Walnut Drive, Tiverton, Devon, EX16 6HE£165,000£99,000-£66,00003 Mar 202330 Jul 2024515 Days
5 Rippon Close, Tiverton, Devon, EX16 4HF£400,000£400,000£0001 May 202430 Jul 202490 Days
60 Popham Close, Tiverton, Devon, EX16 4GA£360,000£340,000-£20,00031 Jan 202426 Jul 2024177 Days
26 Long Meadow, Tiverton, Devon, EX16 6EJ£325,000£315,000-£10,00031 Jan 202426 Jul 2024177 Days
21 Leofric Road, Tiverton, Devon, EX16 6JU£304,000£290,000-£14,00005 Sep 202326 Jul 2024325 Days
8 South View, Westleigh, Tiverton, Devon, EX16 7HR£199,950£199,950£0019 Apr 202424 Jul 202496 Days
143 Chapel Street, Tiverton, Devon, EX16 6DQ£250,000£250,000£0028 Feb 202319 Jul 2024507 Days
27 Chilcott Close, Tiverton, Devon, EX16 4EZ£300,000£290,000-£10,00029 Feb 202419 Jul 2024141 Days
Penmead, Bakers Hill, Tiverton, Devon, EX16 5NE£1,275,000£1,210,000-£65,00006 Apr 202416 Jul 2024101 Days
5 Lower Close, Halberton, Tiverton, Devon, EX16 7BA£329,950£329,950£0022 Mar 202412 Jul 2024112 Days
15 Acland Way, Tiverton, Devon, EX16 5QA£335,000£328,000-£7,00005 Mar 202412 Jul 2024129 Days
36 Higher Town, Sampford Peverell, Tiverton, Devon, EX16 7BR£550,000£531,500-£18,50001 Feb 202410 Jul 2024160 Days
24 Court Way, Sampford Peverell, Tiverton, Devon, EX16 7BH£335,000£330,000-£5,00016 Jan 202428 Jun 2024164 Days

Most Expensive Streets in EX16 (Tiverton)

PostcodeStreetAreaAverageNo. of Sales
EX16 9JZWonham, BamptonTiverton£1,059,3333
EX16 4NHWest Manley LaneTiverton£1,055,0003
EX16 7RXCoveTiverton£826,1005
EX16 8LHPennymoorTiverton£745,6663
EX16 8DNRackenfordTiverton£721,1113
EX16 4NUAsh ThomasTiverton£695,8333
EX16 7NAHuntshamTiverton£686,8124
EX16 8JGWithleighTiverton£673,8758
EX16 4DZTidcombe LaneTiverton£662,1666
EX16 7BNTurnpike, Sampford PeverellTiverton£652,5004

Least Expensive Streets in EX16 (Tiverton)

PostcodeStreetAreaAverageNo. of Sales
EX16 6PEAngel HillTiverton£76,8005
EX16 4QARena Hobson CourtTiverton£87,3128
EX16 5DTWestexe SouthTiverton£108,1663
EX16 4JDFig Tree Court, Canal HillTiverton£118,8336
EX16 6AJRiverside Court, Chapel Street, TivertonTiverton£121,1663
EX16 6GDRiver View, Chapel Street, TivertonTiverton£123,3333
EX16 5HXChurch StreetTiverton£125,9374
EX16 4JPNew ParadeTiverton£137,5003
EX16 5PJArnold CrescentTiverton£139,8333
EX16 6QSBarrington StreetTiverton£146,80713

Explore EX16 (Tiverton) using map

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