Average House Price in Devon
As of December 2025, the average house price in Devon is £309,466.
A single number doesn't tell you much about direction or pressure. Bread Index adds context by showing the same homes in pounds and in bread-adjusted terms.
How Devon has moved recently
Over the last 12 months, Devon has outpaced the wider South West.
If you’re selling, it’s not just about prices going up. You’re looking for a stretch where they’ve climbed well, and maybe even picked up pace recently - the kind of run that makes buyers feel they need to act. Sometimes the sweet spot is after years of steady growth, just before things start to cool.
If you’re buying, you’re reading the same pattern differently. A recent dip after a strong few years can look like an opening - a solid area that’s taken a breather. Or you might be watching for signs the market has steadied after falling, hoping you’re close to the floor rather than the peak.
The longer view - has it really gone up?
Compared to 10 years ago, homes in Devon are worth less once you adjust for rising everyday costs.
Sometimes prices rise in pounds but stand still once you account for everyday costs. That gap changes how you think about "growth".
Key numbers at a glance
Is Devon leaning towards buyers or sellers?
Over the last 12 months: Price growth is modest. The market looks fairly balanced between buyers and sellers, with no strong pressure in either direction at the moment.
Recent growth is slower than Devon's long-term trend.
What's driving growth - and in which homes?
Semi-detached homes have grown fastest, around +5.0% more than the regional average over five years.
If you're buying, this hints at where demand is strongest. If you're selling, it shows where buyers are competing hardest.
5-year growth by property type
+5.0% versus Devon's 5-year average.
+4.2% versus Devon's 5-year average.
+1.6% versus Devon's 5-year average.
-9.1% versus Devon's 5-year average.
How Devon compares nationally
The average price in Devon (£309,466) is above the UK average of £270,259.
The average rent comparison against the UK is currently unavailable for Devon.
Devon has grown more slowly than the UK average over 5 years.
The long term view
In everyday terms, homes in Devon are cheaper than they were 20 years ago.
Average annual growth: -0.9%, compared to -0.2% nationally.
For long-term buyers, this is about wealth building. For first-time buyers, it helps separate one cycle from the wider trend.
Comparison table
| Horizon | In pounds | bread-adjusted | UK (£) | UK (bread) |
|---|---|---|---|---|
| 1 year | +0.9% | -1.4% | +2.4% | +0.1% |
| 5 years | +11.8% | -18.8% | +18.3% | -14.1% |
| 10 years | +33.1% | -5.2% | +43.2% | +2.0% |
| 20 years | +59.2% | -16.6% | +83.1% | -4.1% |
Where next?
Methodology
- House prices: UK House Price Index via regional performance.
- Rents: ONS private-rent metrics via `rentalPriceAll` performance.
- Buy vs rent estimate: monthly mortgage interest proxy using 2-year fixed mortgage-rate series and 10% deposit.
FAQs
What is the average house price in Devon?
As of December 2025, the average is £309,466.
How does Devon compare with the UK?
Devon has grown more slowly than the UK average over 5 years.
Is buying currently cheaper than renting in Devon?
A clean 3-year buy-vs-rent estimate is not available yet for Devon.
Neighbouring Markets