Map shows cheapest places to buy a home in Devon

Various sold and for sale signs
-Credit: (Image: PA)


The TQ11 postcode area is the cheapest place to buy a home in Devon, outside of Plymouth. Homes in the area - which covers Buckfastleigh - sold for £253,195 each on average in the 12 months to the end of April.

That’s according to an exclusive DevonLive analysis of the latest price-paid data from the Land Registry. That’s the lowest average sale price of any postcode area of Devon, excluding Plymouth.

The EX38 postcode area - which covers Torrington - is next with an average sale price of £269,767. That’s followed by EX32 (Barnstaple) with an average of £276,901, TQ2 (Torquay) with an average of £279,736, and TQ1 (Torquay and St Marychurch) with an average of £281,633.

READ MORE:

At the other end of the scale is the TQ8 postcode area. Houses there - including those in Salcombe - sold for an average of £1.05 million each in the year to the end of April.

EX3 - Exeter - is next with an average of £649,658. That’s followed by DT7 (Lyme Regis) with an average of £582,334, PL8 (Brixton, Newton Ferrers, Noss Mayo and Yealmpton) with an average of £573,929, EX33 (Braunton) with an average of £514,534, and EX9 (Budleigh Salterton) with an average of £512,072.

You can search for the average house price in your postcode area by using our interactive map:

Middlesbrough is the cheapest place to buy a home in England and Wales. Homes in the TS1 postcode area, which covers the town’s centre, sold for an average of £69,157 each in the 12 months to the end of April.

That’s less than any postcode area in the country with at least 50 sales over the last year. Grimsby is the next cheapest place in the country to buy a home.

Houses sold for £77,951 each on average in the DN31 postcode area. In SR1 - Sunderland city centre - the average home sold for £79,908. There were just 19 sales in the area though.

In TS3 - Brambles Farm - the average home sold for £86,190, in BD1 - Bradford city centre - they sold for an average of £87,653, and in HU2 - Hull - they sold for an average of £87,955. Belgravia has the highest average sale price of any postcode area in England and Wales to have had at least 50 sales over the last 12 months.

Houses sold for an average of £4.26 million in the SW1X postcode area. Four other postcode areas had higher averages, but all had fewer than 50 sales - W1J (Mayfair) at £6.12 million, SW1A (Whitehall) at £5.84 million, W1S (Hanover Square) at £5.66 million, and W1K (Mayfair) at £5.378 million.