At a Glance
Average Property Price - EX2
£344,153
55
National percentile
Average Monthly Rent - EX
£964
46
National percentile
Average Net Household Income - EX2
£40,630
61
National percentile
Flat / Maisonette Yield - EX
4.4%
8
National percentile
10-Year Annualised Price Growth - EX2
2.3%
13
National percentile
10-Year Annualised Rent Growth - EX
3.5%
26
National percentile
Property Price & Volume Trends
The latest average property price in EX2 is £344,000, close to the national midpoint. Over the past decade, prices have grown at 2.3% annually—notably below the national average, reflecting more modest capital appreciation than the wider market. Transaction volumes have declined, with 607 sales in the latest year compared to a ten-year average of 769, suggesting a moderately less active market.
Rent & Yield Trends
Average monthly rents in the broader EX area stand at £964, slightly below the national median. Rental growth over the past decade has averaged 3.5% per year, outpacing the slowest-growing regions but trailing the strongest performers. Flat yield has risen to 4.4%, up from a ten-year average of 3.9%, indicating a modest improvement in rental returns in recent times.
Income & Affordability Trends
Average household income in EX2 is £40,630, slightly above the national average. The price-to-income ratio has crept up to 9.2x from 9.0x in 2016, suggesting property has become marginally less affordable relative to earnings. Rental affordability has improved, however, with the rent-to-income ratio falling from 27.7% in 2016 to 27% today.
Resident Demographic Profile
The area has a notably higher proportion of young adults aged 16–24 (14.6% versus 11.0% nationally), reflecting the presence of the University of Exeter. The professional workforce is unusually strong at 25.4%, well above the national average of 20.5%. The under-15 population is slightly lighter than national norms, and the private rental tenure is above average at 24.8%, consistent with a university-influenced demographic.