House Prices in Tiverton, Devon

# Tiverton Property Market Summary

Tiverton's property market has experienced significant volatility in recent years, with average prices rising dramatically from £274,698 in 2016 to a peak of £504,557 in 2022 – an increase of over 80%. This surge reflected the post-pandemic property boom that affected much of the UK market. However, prices have since corrected, falling to £379,268 in 2024 and currently standing at £372,527 in 2025. This adjustment brings valuations closer to long-term sustainable levels, though they remain substantially higher than pre-pandemic figures. The market appears to be stabilising after the exceptional conditions of 2021-2022.

With 9,474 properties and an overall average price of £213,972, Tiverton offers relatively affordable housing compared to many areas in the South West. Transaction volumes have fluctuated considerably, peaking at 658 sales during the 2021 stamp duty holiday before declining to more modest levels. The Mid Devon market town combines accessibility to Exeter and the M5 corridor with traditional market town character, making it attractive to families and those seeking value outside major urban centres. Recent price corrections may present opportunities for buyers who missed the earlier market surge.