Housing Market Analysis for MELBOURNE COTTAGES, EX16 5LE

Are you looking to understand EX16 5LE 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 5LE area, explore the EX16 5LE Area information page.
For comprehensive crime statistics in the EX16 5LE area, explore the EX16 5LE Crime Rates page.

Overview of Sold House prices

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

  • Terraced
    • The average price is around £116,500 median price is £137,500 Standard Deviation is £47,912 with Total Sold: 5
    • The most recent sale happened at this postcode is 3 MELBOURNE COTTAGES: £182,000 (Sold on 08 Sep 2016)
    • The first recorded sale happened at this postcode is 4 MELBOURNE COTTAGES: £53,000 (Sold on 12 Nov 1996)
  • Semi-Detached
    • The average price is around £136,333 median price is £129,000 Standard Deviation is £13,300 with Total Sold: 3
    • The most recent sale happened at this postcode is 1, MELBOURNE COTTAGES MELBOURNE STREET: £155,000 (Sold on 01 Jan 2015)
    • The first recorded sale happened at this postcode is 1, MELBOURNE COTTAGES MELBOURNE STREET: £129,000 (Sold on 04 Jan 2011)

Sold Price Trend Over the Years:

Below table and chart gives the average EX16 5LE 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£182,000 £227 1
2005£140,000 £1,280 1
2004£137,500 £171 1
1998£70,000 £640 1
1996£53,000 £484 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£155,000 £2,437 1
2012£125,000 £1,344 1
2011£129,000 £2,028 1

All the Sales in the MELBOURNE COTTAGES, EX16 5LE

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

AddressSold DatePrice% Change
3 MELBOURNE COTTAGESTerraced, FreeholdArea: 802 Sq.mtrAge: before 190008 Sep 2016£182,00032.36%
20 Apr 2004£137,500First Sale
1, MELBOURNE COTTAGES MELBOURNE STREETSemi-Detached, FreeholdArea: 63.6 Sq.mtrAge: 1900-192901 Jan 2015£155,00020.16%
04 Jan 2011£129,000First Sale
2, MELBOURNE COTTAGES MELBOURNE STREETSemi-Detached, FreeholdArea: 93 Sq.mtrAge: before 190023 Mar 2012£125,000First Sale
4 MELBOURNE COTTAGESTerraced, FreeholdArea: 109.41 Sq.mtrAge: before 190011 Feb 2005£140,000100.00%
16 Dec 1998£70,00032.08%
12 Nov 1996£53,000First Sale

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

MELBOURNE COTTAGES, EX16 5LE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the EX16 5LE 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 5LE postcode.

  • Semi-Detached
    • The average price is around £134,722 median price is £130,000 Standard Deviation is £72,063 with Total Sold: 253
    • The Last 5 Year average price is £272,205 with Total Sold: 19
    • The most recent sale happened at this postcode is , 6 HIGHER REDGATE: £375,000 (Sold on 23 Sep 2024)
    • The first recorded sale happened at this postcode is , 2 COTTEY BROOK: £45,000 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £122,364 median price is £122,000 Standard Deviation is £70,780 with Total Sold: 1,114
    • The Last 5 Year average price is £199,580 with Total Sold: 157
    • 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)
  • Detached
    • The average price is around £212,377 median price is £202,000 Standard Deviation is £123,317 with Total Sold: 235
    • The Last 5 Year average price is £334,712 with Total Sold: 40
    • 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 , JAMPOT COTTAGE BOLHAM ROAD: £53,000 (Sold on 20 Jul 1995)
  • Flat
    • The average price is around £78,512 median price is £76,500 Standard Deviation is £44,761 with Total Sold: 243
    • The Last 5 Year average price is £113,832 with Total Sold: 48
    • 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 £341,603 median price is £165,000 Standard Deviation is £1,091,339 with Total Sold: 60
    • The Last 5 Year average price is £407,221 with Total Sold: 39
    • The most recent sale happened at this postcode is , 11 WILLIAM STREET: £77,500 (Sold on 22 Mar 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£375,0001
2023£288,500 £3,557 5
2022£276,750 £3,531 4
2021£279,833 £3,281 3
2020£240,000 £3,117 1
2019£233,580 £3,035 5
2018£196,071 £2,467 7
2017£191,000 £2,362 3
2016£196,825 £2,108 6
2015£164,590 £2,189 10
2014£186,286 £2,568 7
2013£178,875 £2,173 8
2012£147,533 £1,950 6
2011£157,625 £2,486 4
2010£179,306 £2,162 8
2009£141,667 £1,679 3
2008£136,250 £2,047 2
2007£195,556 £2,503 8
2006£178,310 £2,210 20
2005£166,810 £2,091 10
2004£162,954 £2,188 13
2003£116,604 £1,791 13
2002£109,212 £1,437 17
2001£82,600 £994 9
2000£73,575 £1,002 6
1999£64,833 £794 9
1998£62,523 £690 13
1997£59,342 £707 17
1996£54,064 £742 25
1995£52,665 £689 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£212,958 £2,491 13
2023£207,871 £2,517 24
2022£230,988 £2,562 36
2021£198,817 £2,082 30
2020£173,758 £1,883 20
2019£171,219 £1,960 34
2018£168,380 £1,951 38
2017£158,066 £1,920 37
2016£161,253 £1,614 33
2015£158,528 £1,568 30
2014£146,600 £1,675 46
2013£134,024 £1,710 29
2012£131,263 £1,706 19
2011£153,931 £1,661 26
2010£139,827 £1,557 32
2009£132,739 £1,485 23
2008£149,976 £1,736 17
2007£153,242 £1,689 43
2006£158,495 £1,745 61
2005£126,112 £1,619 37
2004£130,817 £1,493 54
2003£106,160 £1,247 60
2002£84,576 £948 54
2001£72,919 £803 51
2000£62,190 £801 52
1999£51,854 £632 35
1998£53,371 £516 55
1997£39,968 £529 41
1996£38,128 £487 46
1995£37,679 £506 38
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£444,333 £4,710 3
2023£375,000 £3,884 7
2022£325,000 £4,256 4
2021£316,083 £2,966 12
2020£263,125 £3,783 8
2019£372,083 £3,000 6
2018£302,333 £2,629 3
2017£281,845 £2,095 10
2016£262,100 £2,699 5
2015£235,744 £2,870 8
2014£240,333 £2,493 6
2013£223,328 £2,283 9
2012£269,750 £2,175 8
2011£241,500 £2,125 4
2010£341,400 £2,544 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£262,050 £2,114 10
2004£210,825 £1,733 9
2003£190,818 £1,716 11
2002£191,745 £1,482 10
2001£128,630 £1,137 15
2000£136,250 £904 12
1999£94,600 £884 10
1998£82,777 £836 13
1997£84,206 £823 9
1996£72,468 £619 11
1995£67,488 £771 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£94,400 £1,594 5
2023£148,500 £2,162 7
2022£130,512 £2,641 5
2021£139,064 £1,794 7
2020£87,158 £1,966 6
2019£100,194 £1,671 18
2018£83,419 £1,705 8
2017£104,625 £1,846 4
2016£100,156 £1,735 12
2015£90,500 £1,708 3
2014£95,859 £1,248 11
2013£84,500 £1,449 6
2012£100,690 £1,629 5
2011£141,975 £1,296 2
2010£102,600 £1,429 5
2008£107,714 £1,632 7
2007£95,488 £1,897 13
2006£96,000 £1,549 12
2005£94,765 £1,805 13
2004£87,834 £1,263 10
2003£61,218 £1,149 11
2002£44,110 £911 15
2001£37,122 £709 9
2000£30,250 £601 6
1999£31,485 £516 9
1998£24,455 £444 10
1997£22,518 £452 7
1996£22,033 £529 12
1995£27,028 £597 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£83,7502
2023£242,1676
2022£1,380,204 £2,620 7
2021£303,278 £5,364 9
2020£105,875 £956 8
2019£146,171 £1,213 7
2018£178,750 £2,100 8
2017£228,619 £952 6
2016£285,5002
2015£444,864 £8,488 2
2014£176,0002
2013£1001

House Type in EX16 5LE area

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

Total134
Terraced123
Semi-detached7
Detached2
Flat1
converted building1
Shared house0
commercial building0
temporary structure0

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 loan62
Owned: Owns outright34
Private rented: Private landlord or letting agency23
Social rented: Rents from council or Local Authority7
Private rented: Other private rented5
Social rented: Other social rented4
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

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

2 people in household44
1 person in household34
3 people in household30
4 people in household19
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0