A few facts about the property market around Exminster

A landlord who has invested in rental properties throughout Exeter asked me about the property market in her home village of Exminster.

Exminster and the surrounding areas are highly sought after , due in part to the beauty of the surroundings, relaxed lifestyle and wide open spaces. Many people purchase second homes in the area and it is also highly popular with retired people. 

The most popular types of property in Exminster are detached houses, making up nearly 48% of all available properties. This reflects the area’s popularity with families with children. In comparison, the least common type of accommodation is flats, which make up only 5.6 per cent of the market. It can be difficult for first time buyers in the area, as there is a distinct lack of new affordable housing. 

Unemployment is low in the area and many people living here are generally affluent, living in villages and commuting to towns and cities, such as Exeter and Plymouth. 

In EX6, some of the highest priced streets to live on are Haldon Drive, Lumley Close, in Kenton, and Castle Gate, also in Kenton. In these roads, house prices are on average, about £550,000. Some of the most affordable streets in the area include Kenton Mews, again in Kenton, Courtenay Terrace , in Starcross, and Alexandra Terrace, also in Starcross where prices average at about £110,000.

If you would like to discuss property in your area or where you are looking to invest, please come and see us at our office on South Street or call us on 01392 254488.