News

SALES NEWS: Market towns attract a premium but offer quality of life and capital appreciation

12/12/14

Homes in south west market towns come with a price premium of 20 to 50 per cent according to new research – but they remain amongst the best value in the country.

In Devon both Kingsbridge and Tavistock have prices substantially higher than the county average of £221,468, according to research from Lloyds Bank; average prices in locations like Topsham and Budleigh Salterton confirm the same trend.

However, whereas market towns in the south east of England have average house prices of around £390,000, in Devon – even with that premium – the average is under £290,000.

Once you live in such a location, the evidence shows you usually earn good capital appreciation. Lloyds says these towns have appreciated 44 per cent in the past decade, contrasting with a national average of 28 per cent.

 

Free Instant Valuation

Are you thinking of selling, or just looking to know how much your property is worth? Try our new online valuation tool, it only takes seconds.

Click here

SPECIAL WINTER OFFER FOR LANDLORDS

Free annual gas safety check and service on all new managed properties.

Click for more details

Find out more about our region

By limiting our market to properties in Exeter & the surrounding towns and villages, we don't stretch ourselves too thinly and can offer our customers genuine insider knowledge of the local property scene.

Download guide

What Our Clients Say About Us

Click below to see some recent testimonials.

Click here

Guide to moving home

If you've not moved before or just want to check on some recommended suppliers to help your move go smoothly then have a look at our online magazine.

Click here