Imofolio

North Devon · report

Past price cycles in North Devon

Sale prices have fallen by 3% or more 16 times since 1995. The deepest began in October 2007.

Deepest fall
−20.0%
Recovery from the low
74 months

Prices in North Devon and the UK, indexed

Average sale prices, both set to 100 in January 1995.

  • North Devon
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodNorth DevonUnited Kingdom
Aug 2026602.6534.7
Jul 2026607.4532.9
Jun 2026608.6530.1
May 2026604.3533.1
Apr 2026600.1530.6
Mar 2026596.4526.0
Feb 2026596.9527.6
Jan 2026617.6526.4
Dec 2025624.5524.8
Nov 2025627.3529.6
Oct 2025622.7528.4
Sep 2025620.2527.8
Aug 2025628.9529.8
Jul 2025622.4526.5
Jun 2025606.1522.4
May 2025593.5517.1
Apr 2025613.6509.5
Mar 2025626.8524.8
Feb 2025626.2518.5
Jan 2025612.2518.8
Dec 2024614.5517.0
Nov 2024622.9518.0
Oct 2024624.7519.4
Sep 2024623.5518.4
Aug 2024607.8519.1
Jul 2024612.7514.0
Jun 2024615.2508.3
May 2024616.3506.3
Apr 2024599.3502.2
Mar 2024590.0499.5
Feb 2024591.0498.6
Jan 2024595.9501.2
Dec 2023617.7501.6
Nov 2023646.1505.9
Oct 2023665.7509.4
Sep 2023664.1511.7
Aug 2023655.9514.2
Jul 2023644.8511.4
Jun 2023640.7505.8
May 2023633.2503.9
Apr 2023632.8502.2
Mar 2023625.4501.1
Feb 2023621.4506.8
Jan 2023633.1511.0
Dec 2022647.8515.4
Nov 2022656.3519.5
Oct 2022669.9520.3
Sep 2022663.3520.3
Aug 2022655.7519.2
Jul 2022626.6514.8
Jun 2022615.1505.4
May 2022606.3499.4
Apr 2022613.0493.8
Mar 2022610.9488.0
Feb 2022614.3486.2
Jan 2022601.6485.7
Dec 2021598.2480.1
Nov 2021588.4477.7
Oct 2021575.1468.5
Sep 2021555.3480.5
Aug 2021551.2466.8
Jul 2021543.6453.1
Jun 2021561.9475.4
May 2021550.3451.4
Apr 2021547.3448.4
Mar 2021532.5455.2
Feb 2021531.2448.6
Jan 2021536.4447.3
Dec 2020540.8447.3
Nov 2020546.0443.9
Oct 2020551.7439.4
Sep 2020534.3435.7
Aug 2020511.4431.1
Jul 2020489.9426.9
Jun 2020488.8423.4
May 2020501.5417.6
Apr 2020507.1415.5
Mar 2020511.7419.7
Feb 2020506.4416.0
Jan 2020505.6418.4
Dec 2019507.5418.1
Nov 2019513.9418.7
Oct 2019519.7420.2
Sep 2019515.5421.3
Aug 2019508.2421.0
Jul 2019506.7419.6
Jun 2019502.4415.0
May 2019502.3413.2
Apr 2019495.4412.6
Mar 2019506.4409.7
Feb 2019498.6410.8
Jan 2019498.9411.8
Dec 2018486.6414.4
Nov 2018504.9415.3
Oct 2018499.1417.1
Sep 2018488.5417.5
Aug 2018460.7418.3
Jul 2018451.2417.0
Jun 2018438.9411.9
May 2018445.6409.2
Apr 2018455.1407.5
Mar 2018469.6403.7
Feb 2018465.9406.1
Jan 2018459.0405.0
Dec 2017470.9406.5
Nov 2017478.0404.9
Oct 2017489.9406.0
Sep 2017487.3405.7
Aug 2017484.3407.2
Jul 2017473.8405.4
Jun 2017466.8400.2
May 2017462.8396.8
Apr 2017455.1394.4
Mar 2017448.0388.3
Feb 2017448.4389.1
Jan 2017452.5388.3
Dec 2016458.1388.7
Nov 2016459.6388.0
Oct 2016460.2386.2
Sep 2016463.5387.5
Aug 2016457.2388.1
Jul 2016451.4388.1
Jun 2016436.0384.0
May 2016443.6380.4
Apr 2016443.4376.0
Mar 2016458.1374.6
Feb 2016446.0370.8
Jan 2016452.0370.6
Dec 2015449.6369.6
Nov 2015447.6368.4
Oct 2015449.2365.6
Sep 2015447.4365.1
Aug 2015457.5364.3
Jul 2015453.8361.0
Jun 2015445.7355.0
May 2015439.8352.3
Apr 2015432.7348.5
Mar 2015430.2345.5
Feb 2015419.2344.2
Jan 2015427.0343.9
Dec 2014430.9345.7
Nov 2014443.7344.9
Oct 2014438.0346.1
Sep 2014431.4346.6
Aug 2014422.1346.2
Jul 2014417.4342.2
Jun 2014423.4337.5
May 2014418.2334.6
Apr 2014414.5331.1
Mar 2014404.9323.9
Feb 2014413.6322.7
Jan 2014414.8321.4
Dec 2013410.0321.0
Nov 2013399.9318.1
Oct 2013399.6316.4
Sep 2013395.4317.7
Aug 2013386.7317.4
Jul 2013380.5314.9
Jun 2013380.3311.4
May 2013392.9308.9
Apr 2013391.6307.3
Mar 2013393.5304.3
Feb 2013385.6302.5
Jan 2013386.6302.5
Dec 2012386.4304.6
Nov 2012392.7305.3
Oct 2012401.7305.0
Sep 2012408.6307.2
Aug 2012412.9308.3
Jul 2012405.0307.9
Jun 2012408.4306.7
May 2012406.3303.8
Apr 2012404.1302.8
Mar 2012394.2299.3
Feb 2012395.2298.5
Jan 2012405.7299.3
Dec 2011413.6301.3
Nov 2011411.8302.6
Oct 2011420.0302.5
Sep 2011417.1305.8
Aug 2011406.0306.6
Jul 2011383.2306.4
Jun 2011379.4302.6
May 2011382.0302.1
Apr 2011391.2303.4
Mar 2011395.3298.8
Feb 2011402.6300.2
Jan 2011409.0301.8
Dec 2010410.6304.3
Nov 2010408.4304.9
Oct 2010407.8308.5
Sep 2010405.2312.0
Aug 2010410.6312.8
Jul 2010401.5312.8
Jun 2010403.3309.7
May 2010389.6308.2
Apr 2010397.6306.7
Mar 2010401.8302.8
Feb 2010412.4302.8
Jan 2010405.2302.1
Dec 2009403.5303.2
Nov 2009399.4301.2
Oct 2009393.1300.2
Sep 2009383.0298.2
Aug 2009385.9295.9
Jul 2009381.0293.0
Jun 2009375.4287.8
May 2009361.8285.0
Apr 2009362.7281.1
Mar 2009363.7278.6
Feb 2009388.1280.3
Jan 2009385.2283.6
Dec 2008384.2290.3
Nov 2008378.1294.8
Oct 2008394.2303.4
Sep 2008415.3309.6
Aug 2008420.2317.6
Jul 2008435.2324.4
Jun 2008436.1328.0
May 2008439.0332.4
Apr 2008427.8330.4
Mar 2008430.0329.8
Feb 2008426.1332.2
Jan 2008433.8335.1
Dec 2007443.9341.3
Nov 2007449.4341.8
Oct 2007452.5342.0
Sep 2007445.6342.8
Aug 2007438.7342.3
Jul 2007442.2340.4
Jun 2007433.3336.1
May 2007433.6332.5
Apr 2007426.3328.7
Mar 2007416.4322.2
Feb 2007410.1319.8
Jan 2007400.5318.8
Dec 2006402.4319.0
Nov 2006407.2315.0
Oct 2006414.9313.4
Sep 2006419.1311.6
Aug 2006416.4310.3
Jul 2006395.2307.7
Jun 2006395.0303.4
May 2006393.7300.5
Apr 2006403.0297.7
Mar 2006403.3291.4
Feb 2006397.7289.0
Jan 2006399.8288.6
Dec 2005389.8289.0
Nov 2005392.3287.4
Oct 2005393.5286.6
Sep 2005390.0287.1
Aug 2005384.3287.6
Jul 2005381.7286.4
Jun 2005380.6282.8
May 2005386.7280.6
Apr 2005386.3277.6
Mar 2005396.2273.7
Feb 2005402.8271.5
Jan 2005398.1271.7
Dec 2004385.9271.9
Nov 2004371.1273.9
Oct 2004377.3274.3
Sep 2004382.8272.3
Aug 2004379.0272.8
Jul 2004363.9269.7
Jun 2004359.6264.1
May 2004351.9259.5
Apr 2004345.6256.4
Mar 2004335.7245.3
Feb 2004339.8244.7
Jan 2004335.2247.1
Dec 2003328.7245.6
Nov 2003308.8240.9
Oct 2003307.6243.6
Sep 2003299.9239.4
Aug 2003306.9240.2
Jul 2003299.9236.0
Jun 2003297.5231.9
May 2003284.6231.4
Apr 2003277.8233.0
Mar 2003275.0227.6
Feb 2003279.5222.8
Jan 2003279.3225.2
Dec 2002274.9226.8
Nov 2002271.8219.5
Oct 2002269.2217.3
Sep 2002258.7215.7
Aug 2002247.4210.6
Jul 2002240.7206.0
Jun 2002236.9204.4
May 2002234.6196.4
Apr 2002224.5191.4
Mar 2002216.9188.9
Feb 2002208.2182.5
Jan 2002206.5176.1
Dec 2001207.7176.7
Nov 2001204.3176.7
Oct 2001203.4176.7
Sep 2001204.2180.3
Aug 2001201.1180.3
Jul 2001199.0180.3
Jun 2001197.0174.1
May 2001198.7174.1
Apr 2001188.7174.1
Mar 2001181.9168.0
Feb 2001175.4168.0
Jan 2001179.3168.0
Dec 2000175.9168.9
Nov 2000177.0168.9
Oct 2000172.4168.9
Sep 2000178.5164.0
Aug 2000179.0164.0
Jul 2000180.5164.0
Jun 2000172.6161.0
May 2000167.7161.0
Apr 2000160.5161.0
Mar 2000154.7152.6
Feb 2000149.0152.6
Jan 2000149.3152.6
Dec 1999154.1148.8
Nov 1999157.6148.8
Oct 1999151.7148.8
Sep 1999146.2145.1
Aug 1999140.2145.1
Jul 1999144.8145.1
Jun 1999142.9137.1
May 1999143.7137.1
Apr 1999139.0137.1
Mar 1999138.1131.5
Feb 1999135.5131.5
Jan 1999136.5131.5
Dec 1998139.2130.7
Nov 1998136.8130.7
Oct 1998135.7130.7
Sep 1998131.4131.3
Aug 1998133.5131.3
Jul 1998131.6131.3
Jun 1998133.1125.8
May 1998126.9125.8
Apr 1998128.5125.8
Mar 1998125.7119.5
Feb 1998128.8119.5
Jan 1998127.9119.5
Dec 1997128.1116.5
Nov 1997127.1116.5
Oct 1997124.2116.5
Sep 1997124.4117.4
Aug 1997122.7117.4
Jul 1997121.5117.4
Jun 1997116.9111.7
May 1997118.3111.7
Apr 1997115.7111.7
Mar 1997116.8109.5
Feb 1997111.2109.5
Jan 1997111.2109.5
Dec 1996111.4108.0
Nov 1996110.9108.0
Oct 1996109.4108.0
Sep 1996108.0106.2
Aug 1996108.1106.2
Jul 1996108.7106.2
Jun 1996106.1102.2
May 1996108.1102.2
Apr 1996105.0102.2
Mar 1996107.1102.1
Feb 1996102.2102.1
Jan 1996102.3102.1
Dec 1995101.3100.6
Nov 1995106.2100.6
Oct 1995107.5100.6
Sep 1995110.4102.0
Aug 1995110.8102.0
Jul 1995110.9102.0
Jun 1995109.2101.1
May 1995104.4101.1
Apr 1995106.7101.1
Mar 1995103.1100.0
Feb 1995105.9100.0
Jan 1995100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
July 1995December 1995−8.7%511
July 1999August 1999−3.2%11
November 1999February 2000−5.4%32
July 2000October 2000−4.5%35
September 2004November 2004−3.1%21
February 2005June 2005−5.5%49
September 2006January 2007−4.4%43
October 2007May 2009−20.0%1974
March 2016June 2016−4.8%33
September 2016March 2017−3.3%63
October 2017June 2018−10.4%84
November 2018December 2018−3.6%13
October 2019June 2020−5.9%83
October 2020February 2021−3.7%44
June 2021July 2021−3.3%13
October 2022March 2024−11.9%17Not yet

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for North Devon

Sale prices have an 80% chance of landing between £258,553 and £310,733 by August 2027.

Expected, August 2027
£284,643
Chance of a rise
58%

At the average sale price, a home costs £280,441. With 10% down and a 30-year mortgage, the payment is £1,294 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
24%
Payment, one income
48%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£848
Owning per month
£1,320

31.7% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
340
Per 1,000 residents
3.4

Figures for United Kingdom: North Devon has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

In 2025 the population grew by 248 while 480 homes were finished: 0.5 new residents for every new home.

New residents per new home, 2025
0.5
Population change, 2025
+248

8.5% of the 48,895 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
8.5%
Empty homes
4,145

In 2025, 15% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
15%