Exeter House Prices Exeter House Prices

The average house price in Exeter is £324,115 using HM Land Registry data.

The average property price increased by £62,170 (21.41%) over the last 5 years and increased by £12,457 (3.66%) over the last 12 months.

Over the last year, there were 1,191 residential property sales – a decrease of 403 transactions (-33.84%) relative to the previous year. The majority of house sales (335) were in the £228,000 - £296,000 range. Then came properties in the £296,000 - £364,000 range, where 227 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 122 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,932 (-2%).

In Dec 24, there were 179 new estate agency instructions, 128 agreed home sales and 89 property price reductions.

5-Year Average Property Prices in Exeter

21.41%

Property prices in Exeter increased by 21.41% 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 Exeter Over the Last Year

3.66%

Property prices in Exeter increased by 3.66% 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.

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).

Property Market Heat Gauge for Exeter - Dec 24

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 Exeter

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 Exeter

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 Exeter

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 Exeter since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Exeter area since 1995.

Recent Property Sales in Exeter

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
24 Rosebarn Lane, Exeter, Devon, EX4 5DX£350,000£330,000-£20,00014 Aug 202427 Nov 2024105 Days
4 Canberra Close, Exeter, Devon, EX4 5BA£350,000£340,000-£10,00009 Aug 202426 Nov 2024109 Days
13 Anthony Road, Exeter, Devon, EX1 2SS£395,000£377,500-£17,50002 Aug 202422 Nov 2024112 Days
Flat 10, Colleton House, Melbourne Place, Exeter, Devon, EX2 4AX£160,000£160,000£0020 Jul 202122 Nov 20241221 Days
18 Juniper Close, Exeter, Devon, EX4 9JT£340,000£337,000-£3,00016 May 202415 Nov 2024183 Days
32 Gras Lawn, Exeter, Devon, EX2 4RZ£350,000£345,000-£5,00019 Jun 202412 Nov 2024146 Days
5 Clarence Place, Exeter, Devon, EX4 6QN£220,000£210,000-£10,00009 May 202411 Nov 2024186 Days
128 Chestnut Avenue, Exeter, Devon, EX2 6DN£230,000£212,000-£18,00021 Jun 202408 Nov 2024140 Days
97 Wentworth Gardens, Exeter, Devon, EX4 1NQ£290,000£285,000-£5,00007 Aug 202401 Nov 202486 Days
5 Colleton Row, Exeter, Devon, EX2 4AT£325,000£322,500-£2,50018 Apr 202401 Nov 2024197 Days
66a, Polsloe Road, Exeter, Devon, EX1 2NG£450,000£425,000-£25,00022 Jun 202431 Oct 2024131 Days
12 Linnet Close, Exeter, Devon, EX4 5HF£230,000£230,000£0031 Jul 202430 Oct 202491 Days
22 Wyndham Avenue, Exeter, Devon, EX1 2PQ£375,000£372,500-£2,50005 Jul 202430 Oct 2024117 Days
11 Rowan Way, Exeter, Devon, EX4 2DR£385,000£380,000-£5,00005 Jul 202429 Oct 2024116 Days
Flat 5, The Maltings, Church Street, Heavitree, Exeter, Devon, EX2 5EJ£137,000£125,000-£12,00022 Dec 202329 Oct 2024312 Days
1 Wellpark Close, Exeter, Devon, EX4 1TS£300,000£300,000£0024 Jun 202428 Oct 2024126 Days
20 Isleworth Road, Exeter, Devon, EX4 1QU£350,000£341,000-£9,00010 Jan 202428 Oct 2024292 Days
28 Heraldry Way, Exeter, Devon, EX2 7RA£315,000£295,000-£20,00029 Dec 202328 Oct 2024304 Days
43 Ringswell Avenue, Exeter, Devon, EX1 3EF£550,000£520,000-£30,00017 May 202417 Oct 2024153 Days
49 Portland Street, Exeter, Devon, EX1 2EG£425,000£418,000-£7,00019 Feb 202411 Oct 2024235 Days

Most Expensive Streets in Exeter

PostcodeStreetAreaAverageNo. of Sales
EX4 4PEStreatham RiseExeter£1,194,3744
EX2 4LASt Leonards RoadExeter£1,104,1666
EX2 4LDWonford RoadExeter£1,078,3333
EX2 7GQMountbatten DriveExeter£1,043,3333
EX4 4ABLodge HillExeter£1,033,3333
EX4 4SDWest AvenueExeter£1,020,0003
EX1 1TLBaring CrescentExeter£988,3333
EX4 9HQPark LaneExeter£981,2504
EX2 4TJMarlborough RoadExeter£971,1568
EX2 7GPArk Royal AvenueExeter£939,0005

Least Expensive Streets in Exeter

PostcodeStreetAreaAverageNo. of Sales
EX4 2QGPalm HouseMedley Court£63,3333
EX4 3ADHomecourt HouseBartholomew Street West, Exeter£70,88514
EX4 8DYWillow WayExeter£71,8754
EX4 3AEHomecourt HouseBartholomew Street West, Exeter£73,65010
EX2 8ASHomeclyst HouseAlphington Street, Exeter£78,6119
EX1 2JPCleveland CourtGrosvenor Place£93,7508
EX2 8BSHaven RoadExeter£97,6254
EX1 2NPSummerland GateExeter£100,4003
EX4 4DPMontpelier CourtSt Davids Hill£101,3339
EX4 2EZKinnerton CourtKinnerton Way£106,3874

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