“The cost of homes in Devon has risen by 3.2 per cent over the past 12 months, with the average homeowner in the county seeing their property value jump by around £44,000 in the last five years. …
IN EAST DEVON:
Those wanting to buy in East Devon saw a slight drop in prices in May this year of 0.6 per cent, despite witnessing a 1.4 per cent rise over the last 12 months.
The latest ONS data shows the average property in the area sold for £282,602. Buyers who made their first step onto the property ladder in East Devon in May also spent an average of £217,225 – around £37,000 more than it would have cost them five years ago.
A total of 3,031 homes were sold in East Devon, five per cent fewer than in the previous year – according to the data for between April last year and March this year.
The average homeowner in East Devon will have seen their property jump in value by around £50,000 in the last five years.”