Story Highlights

• Devon had total property sales of £4.4 Billions in 2015
• The total number of properties sold in 2015 was 16,511
• The average sales price in Devon was £266 K, whereas the median was £223 K
• Across its districts average sales price in Devon was maximum for South Hams at £327 K and was minimum for Torridge at £230 K
• Similarly the median sales price in Devon was maximum for South Hams at £270 K and was minimum for Torridge at £198 K
• New Property sales were 11.6% by sales value, whereas Not New Property contributed 88.4%

Devon is one of the counties of South West England. The districts of Devon are East Devon, Exeter, Teignbridge, South Hams, North Devon, Torridge, Mid Devon, West Devon. Let us look at Devon Property Market 2015 in detail.

Total Value of Sales By Property Types

Devon had total property sales of £4.4 Billions which was 14.85% of the total South West property Market in 2015 and was highest across all the counties in South West England.

The split across the different property types in Devon are:

• Terraced £1.03 billions (23.42%)
• Semi-Detached £744 millions (16.92%)
• Other £225 millions (5.11%)
• Flat/Maisonette £371 millions (8.44%)
• Detached £2.03 billions (46.11%)

Total Sales By Districts

The split of the £4.4 Billions sales in Devon across the different districts was:

• East Devon £989 millions (22.49%)
• Exeter £738 millions (16.77%)
• Teignbridge £675 millions (15.33%)
• South Hams £590 millions (13.41%)
• North Devon £460 millions (10.46%)
• Torridge £350 millions (7.96%)
• Mid Devon £336 millions (7.63%)
• West Devon £262 millions (5.95%)

Total Number of Sales By Property Types

Devon had total number property sales of 16,511.  The split across the different property types are:

• Detached 5747 (34.81%)
• Flat/Maisonette 2233 (13.52%)
• Other 244 (1.48%)
• Semi-Detached 3208 (19.43%)
• Terraced 5079 (30.76%)

Average & Median Sales Price

The average sales price in Devon was £266 K and for the different property types it was:

• Detached £353 K
• Semi-Detached £232 K
• Terraced £203 K
• Flat/Maisonette £166 K
• Other it is £922 K

Similarly median sales price in Devon was £223 K and for different property types are:

• Detached £308 K
• Semi-Detached £210 K
• Terraced £182 K
• Flat/Maisonette £138 K
• Other it is £263 k

Average & Median Sales Price By District

Across it districts the average sales price is as above.

• South Hams has the highest average sales price at £327 K
• East Devon at £287 K
• Exeter £286 K
• West Devon £248 K
• Teignbridge £243 K
• North Devon £242 K
• Mid Devon £233 K
• with minimum for Torridge at £230 K

Across it districts the median of sales price is as above.

• South Hams has the highest median sales price at £270 K
• East Devon at £240 K
• Exeter £220 K
• Teignbridge £216 K
• North Devon £215 K
• West Devon £213 K
• Mid Devon £200 K
• with minimum for Torridge at £198 K

New Vs Not New Property Statistics

By Sales Values the split is as follows:

• New Property contributed £510 millions (11.6%)
• Not New Property contributed £3.9 billions (88.4%)

By Total Number the split is as follows:

• New properties sold were 1,939 (11.74%)
• Not new property sold were 14,572(88.26%)

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