Property trends for EX5

    EX5 covers the central and southern areas of East Devon, stretching across villages and rural settlements between Exeter and the coastal towns. It is a largely suburban and semi-rural district with a strong community feel and appeal to families and retirees.

    At a Glance

    Average Property Price - EX5

    £351,833

    57

    National percentile

    Average Monthly Rent - EX

    £964

    46

    National percentile

    Average Net Household Income - EX5

    £24,841

    3

    National percentile

    Flat / Maisonette Yield - EX

    4.4%

    8

    National percentile

    10-Year Annualised Price Growth - EX5

    2.7%

    21

    National percentile

    10-Year Annualised Rent Growth - EX

    3.5%

    26

    National percentile

    Property Price & Volume Trends

    The latest average property price in EX5 is £352,000, close to the national median. Over the past decade, the area has seen annualised price growth of 2.7%, which is below the national average, suggesting a relatively steady but modest appreciation compared to faster-growing regions. Transaction volumes have declined: 338 sales were recorded in the latest full year, compared to a 10-year average of 509 per year, indicating a softening in market activity.

    Rent & Yield Trends

    The average monthly rent in the broader EX postcode area is £964, slightly below the national median. Rental growth over the past decade has averaged 3.5% annually, below the national pace. The flat yield currently stands at 4.4%, up from a 10-year average of 3.9%, reflecting a modest improvement in rental returns relative to property values in recent times.

    Income & Affordability Trends

    Average net household income in EX5 is £24,841, significantly below the national average and among the lowest nationally. The price-to-income ratio has deteriorated sharply, rising from 8.1x in 2016 to 14.6x today, indicating substantially reduced purchase affordability over the past eight years. Rental affordability has improved slightly: the rent-to-income ratio has eased from 27.7% in 2016 to 27% now, a marginal gain.

    Resident Demographic Profile

    EX5 has a notably ageing profile: those aged 65 and over account for nearly a quarter of the population, well above the national average of 19.6%, while the 25–34 age group is underrepresented at 9.9% against a national norm of 13.4%. Ownership is strong, with 42.8% owning outright—well above the national average of 33.7%—whilst private renting is below average at 17.4%. The employment mix is relatively balanced, though trades workers (13.1%) and managers (15.9%) are slightly more prevalent than nationally.

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