Housing Market Analysis for BANKSIA CLOSE, EX16 6TU

Are you looking to understand EX16 6TU 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 6TU area, explore the EX16 6TU Area information page.
For comprehensive crime statistics in the EX16 6TU area, explore the EX16 6TU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the EX16 6TU postcode area, The average prices are as follows,

Terraced
- The average price is around £122,850 median price is £132,000 Standard Deviation is £47,429 with Total Sold: 24
- The Last 5 Year average price is £164,000 with Total Sold: 5
- The most recent sale happened at this postcode is 46 BANKSIA CLOSE: £180,000 (Sold on 20 Oct 2023)
- The first recorded sale happened at this postcode is 46 BANKSIA CLOSE: £30,500 (Sold on 23 Feb 1996)
Semi-Detached
- The average price is around £72,562 median price is £48,950 Standard Deviation is £44,323 with Total Sold: 13
- The most recent sale happened at this postcode is 59 BANKSIA CLOSE: £175,000 (Sold on 12 Dec 2014)
- The first recorded sale happened at this postcode is 60 BANKSIA CLOSE: £48,950 (Sold on 13 Jan 1995)
Detached
- The average price is around £123,750 median price is £124,250 Standard Deviation is £40,566 with Total Sold: 4
- The most recent sale happened at this postcode is 51 BANKSIA CLOSE: £149,000 (Sold on 07 Sep 2007)
- The first recorded sale happened at this postcode is 62 BANKSIA CLOSE: £71,500 (Sold on 05 Jul 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average EX16 6TU 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
2023	£180,000	£4,390	2
2022	£165,000	£4,024	1
2021	£155,000	£3,875	1
2019	£140,000	£3,415	1
2018	£161,362	£2,857	4
2017	£174,500	£2,458	1
2016	£148,000	£2,583	1
2015	£110,000	£2,558	1
2014	£133,000	£2,463	1
2011	£110,000	£2,683	1
2009	£105,000	£2,561	1
2006	£131,000	£2,426	1
2004	£118,000	£1,844	1
2003	£121,000	£2,034	2
2001	£63,500	£1,176	1
1999	£35,500	£866	1
1998	£40,975	£849	2
1996	£30,500	£747	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£175,000	£2,431	1
2013	£140,000	£2,642	1
2003	£134,950	£1,879	1
2002	£64,950	£1,546	1
2001	£71,500	£1,349	1
1999	£51,500	£972	1
1998	£47,500	£896	1
1997	£42,650	£755	3
1996	£40,500	£848	2
1995	£48,950	£924	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£149,000	£2,443	1
2004	£175,000		1
2001	£99,500		1
1996	£71,500		1

All the Sales in the BANKSIA CLOSE, EX16 6TU

See the table below for more details on the sold house prices in the EX16 6TU, Mid Devon postcode.

Address	Sold Date	Price	% Change
46 BANKSIA CLOSETerraced, FreeholdArea: 41 Sq.mtrAge: 1983-1990	20 Oct 2023	£180,000	0.0
	20 Oct 2023	£180,000	9.09%
	11 Jan 2022	£165,000	17.86%
	28 Nov 2019	£140,000	27.27%
	16 Sep 2011	£110,000	4.76%
	25 Sep 2009	£105,000	195.77%
	27 Aug 1999	£35,500	16.39%
	23 Feb 1996	£30,500	First Sale
55 BANKSIA CLOSETerraced, FreeholdArea: 40 Sq.mtrAge: 1991-1995	16 Aug 2021	£155,000	First Sale
42 BANKSIA CLOSETerraced, FreeholdArea: 56 Sq.mtrAge: 1991-1995	30 May 2018	£161,000	First Sale
44 BANKSIA CLOSETerraced, FreeholdArea: 60 Sq.mtrAge: 1991-1995	01 May 2018	£157,500	First Sale
47 BANKSIA CLOSETerraced, FreeholdArea: 43 Sq.mtrAge: 1983-1990	19 Feb 2018	£139,950	27.23%
	30 Sep 2015	£110,000	189.86%
	18 Sep 1998	£37,950	First Sale
50 BANKSIA CLOSETerraced, FreeholdArea: 70 Sq.mtrAge: 1996-2002	26 Jan 2018	£187,000	First Sale
53 BANKSIA CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1983-1990	03 Mar 2017	£174,500	First Sale
40 BANKSIA CLOSETerraced, FreeholdArea: 57.3 Sq.mtrAge: 1996-2002	04 Jan 2016	£148,000	18.40%
	20 Mar 2003	£125,000	First Sale
59 BANKSIA CLOSESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1983-1990	12 Dec 2014	£175,000	29.68%
	19 Dec 2003	£134,950	First Sale
54 BANKSIA CLOSETerraced, FreeholdArea: 54 Sq.mtrAge: 1991-1995	08 Apr 2014	£133,000	1.53%
	20 Nov 2006	£131,000	106.30%
	30 Aug 2001	£63,500	44.32%
	25 Sep 1998	£44,000	First Sale
61 BANKSIA CLOSESemi-Detached, FreeholdArea: 53 Sq.mtrAge: 1991-1995	22 Oct 2013	£140,000	95.80%
	14 Sep 2001	£71,500	50.53%
	20 Feb 1998	£47,500	35.71%
	31 Jan 1997	£35,000	First Sale
51 BANKSIA CLOSEDetached, FreeholdArea: 61 Sq.mtrAge: 1983-1990	07 Sep 2007	£149,000	First Sale
41 BANKSIA CLOSETerraced, FreeholdArea: 64 Sq.mtrAge: 1983-1990	27 Feb 2004	£118,000	First Sale
62 BANKSIA CLOSEDetached, Freehold	27 Feb 2004	£175,000	75.88%
	19 Feb 2001	£99,500	39.16%
	05 Jul 1996	£71,500	First Sale
43 BANKSIA CLOSETerraced, FreeholdArea: 62.02 Sq.mtrAge: 1991-1995	25 Nov 2003	£117,000	First Sale
45 BANKSIA CLOSESemi-Detached, FreeholdArea: 42 Sq.mtrAge: 1983-1990	25 Jul 2002	£64,950	91.03%
	29 Nov 1996	£34,000	First Sale
60 BANKSIA CLOSESemi-Detached, FreeholdArea: 53 Sq.mtrAge: 1991-1995	19 Jul 1999	£51,500	14.44%
	13 Mar 1997	£45,000	-4.26%
	08 Nov 1996	£47,000	-3.98%
	13 Jan 1995	£48,950	First Sale
56 BANKSIA CLOSESemi-Detached, Freehold	30 May 1997	£47,950	First Sale

Check out the sold house prices near the EX16 6TU postcode. Properties currently for saleProperties currently for rent

BANKSIA CLOSE, EX16 6TU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the EX16 6TU 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 6TU postcode.

Terraced
- The average price is around £136,917 median price is £145,600 Standard Deviation is £62,982 with Total Sold: 862
- The Last 5 Year average price is £220,939 with Total Sold: 91
- The most recent sale happened at this postcode is , 14 CLARE DRIVE: £210,000 (Sold on 28 Aug 2024)
- The first recorded sale happened at this postcode is , 38 BANKSIA CLOSE: £43,950 (Sold on 10 Jan 1995)
Semi-Detached
- The average price is around £141,345 median price is £150,000 Standard Deviation is £63,333 with Total Sold: 673
- The Last 5 Year average price is £227,618 with Total Sold: 75
- The most recent sale happened at this postcode is , 4 THE CLOSE: £166,500 (Sold on 12 Aug 2024)
- The first recorded sale happened at this postcode is , 3 BANKSIA CLOSE: £46,450 (Sold on 06 Jan 1995)
Detached
- The average price is around £194,134 median price is £198,000 Standard Deviation is £85,938 with Total Sold: 744
- The Last 5 Year average price is £320,151 with Total Sold: 67
- The most recent sale happened at this postcode is , 11 ROGERS CLOSE: £385,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 16 CAMELLIA CLOSE: £69,500 (Sold on 04 Jan 1995)
Flat
- The average price is around £116,504 median price is £120,000 Standard Deviation is £27,871 with Total Sold: 205
- The Last 5 Year average price is £137,971 with Total Sold: 33
- The most recent sale happened at this postcode is , 21 FAIRBY CLOSE: £151,000 (Sold on 15 Mar 2024)
- The first recorded sale happened at this postcode is , 6 ROOKS WAY: £100,526 (Sold on 29 Aug 2003)
Other
- The average price is around £207,512 median price is £232,725 Standard Deviation is £73,025 with Total Sold: 10
- The Last 5 Year average price is £196,434 with Total Sold: 5
- The most recent sale happened at this postcode is , 8 MERCERS CLOSE: £173,000 (Sold on 10 Mar 2023)
- The first recorded sale happened at this postcode is GARAGE ASSOCIATED WITH, 9 ST ANDREWS COURT: £257,500 (Sold on 24 Nov 2016)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£214,917	£3,213	6
2023	£224,056	£3,478	9
2022	£254,957	£3,223	23
2021	£234,632	£2,927	22
2020	£194,369	£2,626	14
2019	£179,553	£2,795	17
2018	£191,363	£2,668	23
2017	£179,381	£2,466	21
2016	£173,324	£2,464	27
2015	£165,171	£2,357	17
2014	£164,006	£2,349	33
2013	£152,472	£2,224	30
2012	£156,574	£2,241	33
2011	£152,465	£2,347	30
2010	£158,200	£2,191	34
2009	£155,775	£2,349	30
2008	£166,565	£2,174	19
2007	£177,054	£2,424	35
2006	£155,560	£2,099	61
2005	£157,363	£2,040	61
2004	£146,934	£1,974	50
2003	£118,807	£1,733	36
2002	£83,355	£1,384	21
2001	£62,282	£1,113	34
2000	£59,490	£999	32
1999	£50,250	£899	35
1998	£48,392	£868	24
1997	£43,294	£767	35
1996	£45,220	£694	23
1995	£42,996	£767	27

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£254,125	£2,231	4
2023	£257,412	£3,059	12
2022	£227,375	£3,572	12
2021	£223,108	£2,828	18
2020	£221,107	£2,976	14
2019	£208,396	£2,320	15
2018	£192,615	£3,017	13
2017	£200,683	£2,546	15
2016	£169,886	£2,485	18
2015	£183,765	£2,581	13
2014	£171,943	£2,238	21
2013	£166,920	£2,416	25
2012	£152,650	£2,189	11
2011	£156,969	£2,069	16
2010	£164,893	£2,238	22
2009	£159,671	£2,168	24
2008	£172,018	£2,302	27
2007	£184,029	£2,306	37
2006	£167,244	£2,141	50
2005	£157,344	£2,027	35
2004	£155,509	£1,982	40
2003	£126,304	£1,786	24
2002	£98,257	£1,434	21
2001	£70,094	£1,077	24
2000	£67,074	£962	30
1999	£59,644	£893	50
1998	£55,704	£830	31
1997	£51,150	£798	21
1996	£52,523	£730	15
1995	£50,340	£779	15

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£377,500		2
2023	£351,708	£3,826	12
2022	£371,250	£3,751	4
2021	£321,853	£2,960	17
2020	£318,919	£3,034	16
2019	£275,965	£2,832	16
2018	£288,494	£2,668	26
2017	£276,147	£2,695	17
2016	£259,283	£2,821	21
2015	£250,163	£2,370	24
2014	£239,963	£2,233	27
2013	£236,300	£2,274	23
2012	£213,300	£2,295	15
2011	£227,466	£2,181	16
2010	£229,975	£2,206	22
2009	£206,761	£2,029	19
2008	£245,897	£2,243	16
2007	£241,895	£2,312	29
2006	£226,991	£2,140	45
2005	£219,699	£2,057	41
2004	£220,891	£1,925	44
2003	£181,522	£1,986	28
2002	£158,668	£1,439	25
2001	£122,710	£1,160	35
2000	£105,508	£1,126	33
1999	£101,233	£889	49
1998	£84,647	£785	33
1997	£83,183	£811	39
1996	£80,050	£748	28
1995	£74,766	£785	22

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£151,000		1
2023	£182,062	£2,964	4
2022	£153,000	£8,626	5
2021	£130,130	£2,530	10
2020	£115,929	£2,173	7
2019	£132,667	£2,521	6
2018	£129,659	£4,713	11
2017	£114,556	£1,972	9
2016	£113,600	£2,165	5
2015	£99,769	£3,776	8
2014	£105,368	£1,845	11
2013	£108,933	£1,815	15
2012	£122,483	£2,096	9
2011	£113,496	£4,905	12
2010	£119,400	£1,919	10
2009	£106,870	£1,966	12
2008	£105,031	£2,350	8
2007	£103,130	£1,820	14
2006	£113,977	£2,285	23
2005	£132,568	£2,249	6
2004	£119,132	£2,263	7
2003	£103,177	£1,825	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£173,000	£3,264	1
2022	£165,000	£3,600	2
2021	£237,500		1
2020	£241,668		1
2018	£236,817		3
2017	£125,000	£2,404	1
2016	£257,500		1

House Type in EX16 6TU area

The most common house types in the EX16 6TU postcode area are Semi-detached (50), Terraced (36), and Detached (35).

Total	123
Semi-detached	50
Terraced	36
Detached	35
Flat	1
temporary structure	1
Shared house	0
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (49), and Owned: Owns outright (34).

Private rented: Private landlord or letting agency	49
Owned: Owns outright	34
Owned: Owns with a mortgage or loan	31
Private rented: Other private rented	6
Social rented: Other social rented	4
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the EX16 6TU have 2 people in household (47), and 1 person in household (37).

2 people in household	47
1 person in household	37
3 people in household	23
4 people in household	13
5 people in household	2
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0