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Cranbrook (Devon) House Prices

The average house price in Cranbrook (Devon) is £208,000 using HM Land Registry data.

The average property price increased by £64,012 (27.5%) over the last 5 years and increased by £12,793 (4.51%) over the last 12 months.

Over the last year, there were 64 residential property sales – a decrease of 124 transactions (-193.75%) relative to the previous year. The majority of house sales (15) were in the £230,000 - £270,000 range. Then came properties in the £190,000 - £230,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,545 (-2%).

In April 2024, there were 26 new estate agency instructions, 19 agreed home sales and 6 property price reductions.

5-Year Average Property Prices in Cranbrook (Devon)

27.5%

Property prices in Cranbrook (Devon) increased by 27.5% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Cranbrook (Devon) Over the Last Year

4.51%

Property prices in Cranbrook (Devon) increased by 4.51% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Cranbrook (Devon) - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Cranbrook (Devon)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Cranbrook (Devon)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Cranbrook (Devon)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Cranbrook (Devon) since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Cranbrook (Devon) area since 1995.

Recent Property Sales in Cranbrook (Devon)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
11 Copseclose Lane, Cranbrook, Exeter, Devon, EX5 7AP	£198,000	£190,000	-£8,000	20 Aug 2018	01 Feb 2023	1626 Days
Highlands, Ship Lane, Clyst Honiton, Exeter, Devon, EX5 2NQ	£525,000	£515,000	-£10,000	14 Jan 2022	27 May 2022	133 Days
15 St Michaels Hill, Clyst Honiton, Exeter, Devon, EX5 2NB	£240,000	£239,000	-£1,000	20 Apr 2021	05 Nov 2021	199 Days
14 Copseclose Lane, Cranbrook, Exeter, Devon, EX5 7AP	£200,000	£180,000	-£20,000	22 Sep 2017	03 Sep 2021	1442 Days
11 St Michaels Hill, Clyst Honiton, Exeter, Devon, EX5 2NB	£265,000	£258,000	-£7,000	29 Oct 2020	02 Aug 2021	277 Days
1 Ship Lane, Clyst Honiton, Exeter, Devon, EX5 2NQ	£190,000	£190,000	£00	29 Jul 2021	30 Jul 2021	1 Days
Highlands, Ship Lane, Clyst Honiton, Exeter, Devon, EX5 2NQ	£500,000	£485,000	-£15,000	06 Jan 2021	28 Jun 2021	173 Days
3 Alma Villa Rise, Cranbrook, Exeter, Devon, EX5 7AA	£470,000	£450,000	-£20,000	11 Apr 2017	23 Jun 2021	1534 Days
5 Higher Meadow, Cranbrook, Exeter, Devon, EX5 7AY	£140,000	£126,000	-£14,000	02 May 2018	31 Mar 2021	1064 Days
30 Mayfield Way, Cranbrook, Exeter, Devon, EX5 7BE	£200,000	£194,000	-£6,000	08 Feb 2018	18 Dec 2020	1044 Days
6 Younghayes Road, Cranbrook, Exeter, Devon, EX5 7DT	£515,000	£472,500	-£42,500	24 Feb 2018	17 Nov 2020	997 Days
129 Younghayes Road, Cranbrook, Exeter, Devon, EX5 7DR	£145,000	£136,000	-£9,000	21 Jun 2018	16 Oct 2020	848 Days
8 St Michaels Hill, Clyst Honiton, Exeter, Devon, EX5 2NB	£236,950	£235,000	-£1,950	30 Mar 2020	14 Aug 2020	137 Days
22 Best Park, Cranbrook, Exeter, Devon, EX5 7AG	£475,000	£457,000	-£18,000	09 Mar 2018	05 Aug 2020	880 Days
255 Younghayes Road, Cranbrook, Exeter, Devon, EX5 7DS	£264,000	£238,000	-£26,000	06 Jun 2017	02 Apr 2020	1031 Days
7 St Michaels Hill, Clyst Honiton, Exeter, Devon, EX5 2NB	£224,950	£220,000	-£4,950	12 Aug 2019	17 Feb 2020	189 Days
Highlands, Ship Lane, Clyst Honiton, Exeter, Devon, EX5 2NQ	£340,000	£320,000	-£20,000	12 Nov 2019	24 Jan 2020	73 Days
6 Lower Ray, Cranbrook, Exeter, Devon, EX5 7GF	£325,000	£308,000	-£17,000	31 May 2019	06 Dec 2019	189 Days
38 Post Coach Way, Cranbrook, Exeter, Devon, EX5 7BS	£420,000	£348,000	-£72,000	21 Oct 2015	06 Dec 2019	1507 Days
40 Best Park, Cranbrook, Exeter, Devon, EX5 7AG	£190,000	£190,000	£00	18 Mar 2017	22 Nov 2019	979 Days

Most Expensive Streets in Cranbrook (Devon)

Postcode	Street	Area	Average	No. of Sales
EX5 2FP	Broomfield View	London Road	£521,666	3
EX5 2EA	Rockbeare	Exeter	£501,458	6
EX5 2PH	Meadow Foot	London Road	£424,600	5
EX5 7DT	Younghayes Road	Cranbrook	£418,625	4
EX5 7AE	Barn Orchard	Cranbrook	£356,833	3
EX5 7GU	Robin Lane	Cranbrook	£344,394	9
EX5 7HB	Barton Close	Cranbrook	£340,787	11
EX5 7DW	Southbrook Meadow	Cranbrook	£335,428	7
EX5 7AG	Best Park	Cranbrook	£334,583	6
EX5 2NQ	Ship Lane	Clyst Honiton	£332,000	5

Least Expensive Streets in Cranbrook (Devon)

Postcode	Street	Area	Average	No. of Sales
EX5 7GG	Stoneland Close	Cranbrook	£116,500	3
EX5 7GL	Osprey House	Kingfisher Rise	£167,700	9
EX5 2NJ	Clyst Honiton	Exeter	£191,600	5
EX5 7DR	Younghayes Road	Cranbrook	£192,604	12
EX5 7AD	Barn Orchard	Cranbrook	£200,000	5
EX5 7AN	Burrough Fields	Cranbrook	£201,357	7
EX5 7DU	Younghayes Road	Cranbrook	£205,937	8
EX5 7HP	Crown Mead	Cranbrook	£207,807	7
EX5 2NG	Clyst Honiton	Exeter	£209,800	10
EX5 7GQ	Buzzard Way	Cranbrook	£210,900	17