Property trends for EX9

    EX9 covers the Exmouth area on the Devon coast, located east of Exeter in the South West. It is a popular seaside destination with a mix of holiday and residential appeal, characterised by coastal charm and established communities.

    At a Glance

    Average Property Price - EX9

    £505,131

    81

    National percentile

    Average Monthly Rent - EX

    £964

    46

    National percentile

    Average Net Household Income - EX9

    £43,345

    71

    National percentile

    Flat / Maisonette Yield - EX

    4.4%

    8

    National percentile

    10-Year Annualised Price Growth - EX9

    3.5%

    47

    National percentile

    10-Year Annualised Rent Growth - EX

    3.5%

    26

    National percentile

    Property Price & Volume Trends

    The average property price of £505,131 places EX9 among the most expensive postcodes nationally. Price growth over the past decade has averaged 3.5% annually, which is close to the national pace. Transaction activity has slowed notably, with 93 sales in the latest year compared to a 10-year average of 142, suggesting a tighter market.

    Rent & Yield Trends

    Average monthly rent of £964 sits below the national midpoint, reflecting the area's relative affordability in the rental market. Rent growth has averaged 3.5% annually over the past decade, slower than the national trend. The flat yield currently stands at 4.4%, up from a 10-year average of 3.9%, indicating improving returns for landlords in recent times.

    Income & Affordability Trends

    Average household income of £43,345 is notably above the national average, placing the area among higher-earning regions. The price-to-income ratio of 12.0x has risen from 10.4x in 2016, indicating that property affordability has worsened over this period. Rental affordability has improved slightly, with the rent-to-income ratio falling from 27.7% to 27%, suggesting rents have not kept pace with income growth.

    Resident Demographic Profile

    EX9 has a markedly older population: those aged 65 and over account for 42.3% of residents, more than double the national average of 19.6%, while those aged 16–24 represent just 6.3% compared to the national 11.0%. Housing tenure is dominated by outright ownership at 57.1%, far exceeding the national figure of 33.7%, reflecting the retirement character of the area. The employment mix is weighted towards managers and caring professions, with managers at 16.0% against a national 13.4%, and caring roles at 10.6% versus 9.2% nationally.

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