Property trends for TQ13

    TQ13 covers parts of south Devon, including areas around Dartmouth and the surrounding countryside in the South Hams. The area appeals to retirees and rural residents seeking a quieter, coastal lifestyle.

    At a Glance

    Average Property Price - TQ13

    £409,931

    69

    National percentile

    Average Monthly Rent - TQ

    £935

    40

    National percentile

    Average Net Household Income - TQ13

    £41,067

    62

    National percentile

    Flat / Maisonette Yield - TQ

    4.6%

    10

    National percentile

    10-Year Annualised Price Growth - TQ13

    3.5%

    46

    National percentile

    10-Year Annualised Rent Growth - TQ

    3.3%

    16

    National percentile

    Property Price & Volume Trends

    The latest average property price in TQ13 is £410,000, placing it slightly above the national median. Over the past decade, prices have grown at 3.5% annually — a pace below the national average, suggesting modest but steady appreciation. Transaction activity has slowed compared to the long-term trend, with 330 sales in the latest year against an average of 425 over the previous ten years.

    Rent & Yield Trends

    Average monthly rents in the area stand at £935, which is below the national average. Rent growth over ten years has been slow at 3.3% annually, well below the national trend. Flat yields have improved, currently reaching 4.6% compared to a ten-year average of 3.8%, indicating better income potential for landlords in recent conditions.

    Income & Affordability Trends

    Average household income in TQ13 is £41,100, placing it slightly above the national average. The price-to-income ratio of 10.8x has worsened since 2016 (when it stood at 9.5x), meaning property has become less affordable relative to earnings. Rental affordability has improved, with the rent-to-income ratio falling from 28.9% in 2016 to 27.1% today.

    Resident Demographic Profile

    The population skews significantly older than the national average, with nearly a third aged 65 and over (compared to just under one-fifth nationally) and over a fifth aged 50–64. Young adults aged 16–24 are notably underrepresented at 7.6%, well below the 11% national figure. Housing tenure reflects a strong preference for ownership; nearly 45% of properties are owned outright — well above the 33.7% national average. The workforce shows a higher proportion in trades (14.6% versus 10.5% nationally) and a notably lower share in sales roles.

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