Devizes Property Market Overview
Central Wiltshire market town with heritage character and growing residential appeal
The Devizes property market recorded 373 residential sales over the past 12 months, with a median sale price of £310,000. This places Devizes £5k above the Wiltshire county median of £304,623, and £25k above the UK national median of £285,000.
Prices in Devizes have shown strong growth, with a year-on-year change of +6.9%. Within Wiltshire, Devizes ranks 4th by price out of 8 principal towns, and 5th by transaction volume.
Devizes House Prices by Property Type
Property prices in Devizes vary significantly by type. The table below compares Devizes prices with Wiltshire county averages and UK national figures.
| Type | Devizes | Wiltshire Avg | UK Avg |
|---|---|---|---|
| Detached | £462,500 | £446,238 | £420,000 |
| Semi-detached | £307,500 | £303,750 | £265,000 |
| Terraced | £250,000 | £245,000 | £230,000 |
| Flat | £152,000 | £148,250 | £225,000 |
Detached homes in Devizes command £462,500, while flat properties are most accessible at £152,000. The £311k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.
Median Price by Property Type
New Build Homes in Devizes
Devizes recorded 7 new-build transactions in the past 12 months, representing 1.9% of total sales. There is moderate development activity, with room for further growth.
New-build properties in Devizes traded at a premium of 88.8% versus existing stock. This premium supports the viability of new development, as buyers are willing to pay more for new homes.
Across the wider Wiltshire market, 125 new-build completions were recorded — see our Wiltshire property market report for the full county picture.
Recent Property Sales in Devizes
The following table shows the most recent property transactions recorded in Devizes, providing real-time evidence of achieved prices for buyers, sellers, and developers:
| Price | Type | Postcode | Date | Status |
|---|---|---|---|---|
| £345,000 | Semi-detached | SN10 3ER | 2026-02-20 | Existing |
| £650,000 | Detached | SN10 5SE | 2026-02-16 | Existing |
| £1.05m | Detached | SN10 5SW | 2026-02-11 | Existing |
| £640,000 | Detached | SN10 4EY | 2026-02-11 | Existing |
| £240,000 | Terraced | SN10 3AB | 2026-02-10 | Existing |
These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £240,000 to £1.05m illustrates the breadth of the Devizes market.
Development Finance in Devizes
For developers considering Devizes, the local market data translates directly into finance structuring. With a median value of £310,000 and detached homes at £462,500, lenders can assess scheme viability with confidence.
A typical development finance facility for a Devizes scheme with a GDV of £462,500 would attract senior debt of approximately £300,625 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.
With prices rising 6.9% year-on-year, Devizes presents a supportive environment for new development. Lenders view positive price momentum favourably when assessing loan applications.
Ready to develop in Devizes? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.
Devizes Compared to Nearby Wiltshire Towns
To put Devizes's market in context, the table below compares it with similarly-priced towns across Wiltshire:
| Town | Median Price | Sales (12m) | YoY Change |
|---|---|---|---|
| Devizes | £310,000 | 373 | +6.9% |
| Chippenham | £320,000 | 682 | +1.6% |
| Warminster | £299,246 | 331 | -5% |
| Melksham | £290,000 | 353 | 0% |
| Salisbury | £335,000 | 1,182 | +4.7% |
| Trowbridge | £285,000 | 579 | +1.8% |
For the full Wiltshire town-by-town breakdown, see our comprehensive Wiltshire property market report.
Finance Solutions
Related Finance Products
Development Finance
Senior debt funding for ground-up residential and commercial developments.
From 6.5% p.a. · Up to 65-70% LTGDVBridging Loans
Short-term finance for acquisitions, auction purchases and time-sensitive deals.
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Stretch your capital stack beyond senior debt to reduce equity requirements.
From 12% p.a. · Up to 85-90% LTGDVRelated Reports
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5 min readFrequently Asked Questions
What is the average house price in Devizes?
The median house price in Devizes is £310,000, based on 373 transactions over the past 12 months. Detached homes average £462,500 while flat properties average £152,000.
Are house prices rising or falling in Devizes?
House prices in Devizes are rising at +6.9% year-on-year. This positive trend suggests sustained buyer demand. The wider Wiltshire market is rising at +0.3%.
How many properties sold in Devizes recently?
Devizes recorded 373 residential property sales in the past 12 months. This represents a reasonably active market.
What development finance is available for projects in Devizes?
Developers in Devizes can access development finance from 6.5% p.a. at 65-70% LTGDV, mezzanine finance stretching to 85-90% of costs, bridging loans completing in 5-10 days, and development exit finance. Construction Capital sources the best terms from 100+ lenders.