Housing Market Analysis for MELBOURNE STREET, EX16 5LA

Are you looking to understand EX16 5LA house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Mid Devon postcode.

For the location information and nearby amenities in the EX16 5LA area, explore the EX16 5LA Area information page.
For comprehensive crime statistics in the EX16 5LA area, explore the EX16 5LA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the EX16 5LA postcode area, The average prices are as follows,

Terraced
- The average price is around £123,226 median price is £137,250 Standard Deviation is £51,246 with Total Sold: 36
- The Last 5 Year average price is £180,636 with Total Sold: 7
- The most recent sale happened at this postcode is 56 MELBOURNE STREET: £220,000 (Sold on 10 Nov 2021)
- The first recorded sale happened at this postcode is 36 MELBOURNE STREET: £200,000 (Sold on 12 Jun 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average EX16 5LA house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£199,000	£2,196	2
2020	£158,475	£1,998	2
2019	£174,750	£2,011	2
2017	£173,750	£1,540	2
2015	£168,000	£1,517	2
2014	£132,167	£1,645	3
2013	£126,917	£1,721	3
2011	£135,500	£1,711	2
2010	£138,000	£1,255	1
2007	£150,500	£2,007	1
2006	£142,150	£1,668	3
2004	£112,000	£1,750	1
2003	£80,000	£1,182	1
2002	£77,000	£933	2
2000	£64,500	£616	2
1998	£38,750	£500	2
1996	£43,167	£505	3
1995	£43,000	£399	1
2024	£200,000		1

All the Sales in the MELBOURNE STREET, EX16 5LA

See the table below for more details on the sold house prices in the EX16 5LA, Mid Devon postcode.

Address	Sold Date	Price	% Change
56 MELBOURNE STREETTerraced, FreeholdArea: 99 Sq.mtrAge: before 1900	10 Nov 2021	£220,000	243.75%
	12 May 2000	£64,000	First Sale
30 MELBOURNE STREETTerraced, FreeholdArea: 82 Sq.mtrAge: before 1900	01 Jul 2021	£178,000	503.39%
	23 Mar 1998	£29,500	First Sale
46 MELBOURNE STREETTerraced, FreeholdArea: 97 Sq.mtrAge: 1900-1929	27 Nov 2020	£179,950	13.53%
	24 Jul 2006	£158,500	First Sale
24 MELBOURNE STREETTerraced, FreeholdArea: 64 Sq.mtrAge: 1900-1929	21 Jan 2020	£137,000	17.09%
	21 Feb 2014	£117,000	-2.46%
	31 Jan 2006	£119,950	7.10%
	23 Jun 2004	£112,000	First Sale
26 MELBOURNE STREETTerraced, FreeholdArea: 71 Sq.mtrAge: before 1900	28 Oct 2019	£162,000	149.23%
	16 Oct 2002	£65,000	First Sale
48 MELBOURNE STREETTerraced, FreeholdArea: 107.71 Sq.mtrAge: before 1900	10 May 2019	£187,500	11.61%
	09 Jan 2015	£168,000	290.70%
	06 Jan 1995	£43,000	First Sale
42 MELBOURNE STREETTerraced, FreeholdArea: 132 Sq.mtrAge: 1900-1929	09 Jun 2017	£170,000	19.72%
	18 Aug 2014	£142,000	205.38%
	23 Feb 1996	£46,500	First Sale
62 MELBOURNE STREETTerraced, FreeholdArea: 99 Sq.mtrAge: before 1900	05 May 2017	£177,500	19.93%
	13 Jan 2006	£148,000	270.00%
	12 Jun 1996	£40,000	First Sale
54 MELBOURNE STREETTerraced, FreeholdArea: 114 Sq.mtrAge: 1900-1929	28 Aug 2015	£168,000	First Sale
32 MELBOURNE STREETTerraced, FreeholdArea: 67.69 Sq.mtrAge: before 1900	11 Apr 2014	£137,500	6.59%
	30 Sep 2011	£129,000	61.25%
	23 Oct 2003	£80,000	First Sale
28 MELBOURNE STREETTerraced, FreeholdArea: 66 Sq.mtrAge: before 1900	20 Dec 2013	£109,750	First Sale
44 MELBOURNE STREETTerraced, FreeholdArea: 98 Sq.mtrAge: before 1900	11 Dec 2013	£146,000	First Sale
22 MELBOURNE STREETTerraced, FreeholdArea: 62.14 Sq.mtrAge: before 1900	18 Jan 2013	£125,000	-16.94%
	31 May 2007	£150,500	213.54%
	09 Apr 1998	£48,000	11.63%
	03 May 1996	£43,000	First Sale
40 MELBOURNE STREETTerraced, FreeholdArea: 93.7 Sq.mtrAge: before 1900	17 Jun 2011	£142,000	59.55%
	09 Aug 2002	£89,000	First Sale
34 MELBOURNE STREETTerraced, FreeholdArea: 110 Sq.mtrAge: before 1900	29 Oct 2010	£138,000	First Sale
38 MELBOURNE STREETTerraced, FreeholdArea: 111 Sq.mtrAge: 1900-1929	18 Aug 2000	£65,000	First Sale
36 MELBOURNE STREETTerraced, Freehold	12 Jun 2024	£200,000	First Sale

Check out the sold house prices near the EX16 5LA postcode. Properties currently for saleProperties currently for rent

MELBOURNE STREET, EX16 5LA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the EX16 5LA postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the EX16 5LA postcode.

Terraced
- The average price is around £125,371 median price is £125,000 Standard Deviation is £71,283 with Total Sold: 991
- The Last 5 Year average price is £204,709 with Total Sold: 144
- The most recent sale happened at this postcode is , 3 COTTEY BROOK: £310,000 (Sold on 04 Sep 2024)
- The first recorded sale happened at this postcode is , 48 MELBOURNE STREET: £43,000 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £135,548 median price is £140,750 Standard Deviation is £69,680 with Total Sold: 280
- The Last 5 Year average price is £249,979 with Total Sold: 29
- The most recent sale happened at this postcode is , 106 LOWER COTTEYLANDS: £248,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 2 COTTEY BROOK: £45,000 (Sold on 06 Jan 1995)
Detached
- The average price is around £208,572 median price is £196,000 Standard Deviation is £121,889 with Total Sold: 219
- The Last 5 Year average price is £336,408 with Total Sold: 38
- The most recent sale happened at this postcode is , MERTON LODGE BAKERS HILL: £475,000 (Sold on 05 Aug 2024)
- The first recorded sale happened at this postcode is , 21 SOUTHFIELD WAY: £59,950 (Sold on 06 Dec 1995)
Flat
- The average price is around £80,817 median price is £77,500 Standard Deviation is £45,844 with Total Sold: 204
- The Last 5 Year average price is £116,428 with Total Sold: 42
- The most recent sale happened at this postcode is FLAT 1, Dec-16 ANGEL HILL: £84,000 (Sold on 19 Jul 2024)
- The first recorded sale happened at this postcode is FLAT 3, 22 ST PETER STREET: £28,500 (Sold on 24 Feb 1995)
Other
- The average price is around £390,953 median price is £140,000 Standard Deviation is £1,362,823 with Total Sold: 38
- The Last 5 Year average price is £466,790 with Total Sold: 28
- The most recent sale happened at this postcode is , 16A ST PETER STREET: £90,000 (Sold on 23 Feb 2024)
- The first recorded sale happened at this postcode is , 21 WEST EXE SOUTH: £100 (Sold on 19 Dec 2013)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£226,250	£2,762	10
2023	£217,225	£2,574	24
2022	£238,809	£2,555	31
2021	£209,062	£2,089	24
2020	£178,052	£1,918	22
2019	£171,650	£1,981	33
2018	£172,108	£1,995	37
2017	£164,069	£1,918	33
2016	£165,727	£1,656	28
2015	£156,915	£1,608	31
2014	£149,378	£1,616	36
2013	£135,971	£1,686	28
2012	£130,579	£1,706	19
2011	£149,487	£1,663	26
2010	£141,698	£1,635	30
2009	£138,778	£1,473	18
2008	£149,976	£1,736	17
2007	£155,183	£1,736	36
2006	£159,457	£1,765	55
2005	£130,152	£1,683	31
2004	£135,306	£1,488	47
2003	£104,076	£1,266	52
2002	£86,376	£941	47
2001	£70,248	£783	47
2000	£60,516	£765	40
1999	£52,163	£660	30
1998	£55,258	£522	53
1997	£41,353	£534	36
1996	£37,980	£492	39
1995	£39,305	£479	31

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£228,000		2
2023	£267,500	£3,672	6
2022	£276,750	£3,353	6
2021	£264,300	£3,203	5
2020	£208,333	£2,579	3
2019	£225,914	£2,944	7
2018	£193,332	£2,524	6
2017	£184,690	£2,594	5
2016	£192,778	£2,111	9
2015	£163,988	£2,118	13
2014	£179,700	£2,400	10
2013	£177,250	£2,270	8
2012	£145,957	£1,917	7
2011	£163,500	£2,852	3
2010	£170,556	£2,169	8
2009	£134,100	£1,564	5
2008	£136,250	£2,047	2
2007	£180,495	£2,318	10
2006	£170,020	£2,149	20
2005	£157,736	£2,093	11
2004	£160,031	£2,218	13
2003	£109,303	£1,600	16
2002	£105,819	£1,446	16
2001	£79,740	£994	10
2000	£62,362	£958	8
1999	£61,245	£794	10
1998	£61,067	£667	12
1997	£54,251	£731	14
1996	£54,064	£742	25
1995	£50,365	£704	10

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£444,333	£4,710	3
2023	£382,500	£3,921	6
2022	£308,000	£4,179	5
2021	£316,083	£2,966	12
2020	£267,143	£3,829	7
2019	£390,500	£3,043	5
2018	£265,000	£2,959	3
2017	£272,306	£2,017	8
2016	£262,100	£2,699	5
2015	£216,577	£2,826	8
2014	£240,333	£2,493	6
2013	£215,619	£2,382	8
2012	£269,750	£2,175	8
2011	£241,500	£2,125	4
2010	£337,400	£2,542	5
2009	£217,167	£2,225	3
2008	£250,990	£2,351	5
2007	£234,800	£2,479	5
2006	£228,900	£2,270	10
2005	£274,583	£2,188	6
2004	£210,825	£1,733	9
2003	£190,818	£1,716	11
2002	£152,494	£1,482	9
2001	£129,227	£1,177	13
2000	£109,545	£904	11
1999	£94,667	£883	9
1998	£82,777	£836	13
1997	£85,794	£823	8
1996	£72,468	£619	11
1995	£72,317	£862	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£94,400	£1,594	5
2023	£154,786	£2,284	7
2022	£130,512	£2,641	5
2021	£143,890	£2,015	5
2020	£87,158	£1,966	6
2019	£102,821	£1,685	14
2018	£82,336	£1,701	7
2017	£120,250	£1,933	2
2016	£107,612	£2,061	8
2015	£112,667	£1,850	3
2014	£107,583	£1,484	6
2013	£85,333	£1,811	3
2012	£93,908	£1,510	6
2011	£99,950	£1,296	1
2010	£102,600	£1,429	5
2008	£119,000	£1,803	5
2007	£95,117	£1,965	12
2006	£96,000	£1,549	12
2005	£102,150	£1,873	12
2004	£87,834	£1,263	10
2003	£61,218	£1,149	11
2002	£42,888	£908	12
2001	£38,638	£709	8
2000	£29,625	£602	4
1999	£30,859	£520	8
1998	£24,262	£428	8
1997	£23,400	£481	5
1996	£22,990	£556	10
1995	£26,738	£486	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£90,000		1
2023	£194,250		4
2022	£1,535,238	£2,620	6
2021	£277,400	£2,782	5
2020	£116,300	£956	5
2019	£146,171	£1,213	7
2018	£155,833	£2,100	6
2017	£280,000		1
2016	£285,500		2
2013	£100		1

House Type in EX16 5LA area

The most common house types in the EX16 5LA postcode area are Terraced (123), Semi-detached (7), and Detached (2).

Total	134
Terraced	123
Semi-detached	7
Detached	2
Flat	1
converted building	1
Shared house	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (62), and Owned: Owns outright (34).

Owned: Owns with a mortgage or loan	62
Owned: Owns outright	34
Private rented: Private landlord or letting agency	23
Social rented: Rents from council or Local Authority	7
Private rented: Other private rented	5
Social rented: Other social rented	4
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the EX16 5LA have 2 people in household (44), and 1 person in household (34).

2 people in household	44
1 person in household	34
3 people in household	30
4 people in household	19
5 people in household	6
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0