Tiverton Property Market Overview
Mid-Devon market town with new A361 improvements and growing residential demand
The Tiverton property market recorded 839 residential sales over the past 12 months, with a median sale price of £275,000. This places Tiverton £15k below the Devon county median of £290,000, and £10k below the UK national median of £285,000.
Prices in Tiverton have shown a notable decline, with a year-on-year change of -7.6%. Within Devon, Tiverton ranks 5th by price out of 7 principal towns, and 5th by transaction volume.
Tiverton House Prices by Property Type
Property prices in Tiverton vary significantly by type. The table below compares Tiverton prices with Devon county averages and UK national figures.
| Type | Tiverton | Devon Avg | UK Avg |
|---|---|---|---|
| Detached | £397,500 | £410,000 | £420,000 |
| Semi-detached | £265,000 | £282,500 | £265,000 |
| Terraced | £224,498 | £224,498 | £230,000 |
| Flat | £125,000 | £160,000 | £225,000 |
Detached homes in Tiverton command £397,500, while flat properties are most accessible at £125,000. The £273k 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 Tiverton
Tiverton recorded 29 new-build transactions in the past 12 months, representing 3.5% of total sales. This indicates meaningful developer activity and proven buyer demand for new homes in the area.
New-build properties in Tiverton traded at a premium of 21.9% versus existing stock. This premium supports the viability of new development, as buyers are willing to pay more for new homes.
Across the wider Devon market, 180 new-build completions were recorded — see our Devon property market report for the full county picture.
Recent Property Sales in Tiverton
The following table shows the most recent property transactions recorded in Tiverton, providing real-time evidence of achieved prices for buyers, sellers, and developers:
| Price | Type | Postcode | Date | Status |
|---|---|---|---|---|
| £280,000 | Semi-detached | EX16 4BJ | 2026-02-27 | Existing |
| £260,000 | Semi-detached | EX16 9NT | 2026-02-26 | Existing |
| £225,000 | Terraced | EX17 2EH | 2026-02-25 | Existing |
| £138,000 | Flat | EX16 6XF | 2026-02-20 | Existing |
| £227,600 | Terraced | EX16 4AQ | 2026-02-20 | Existing |
These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £138,000 to £280,000 illustrates the breadth of the Tiverton market.
Development Finance in Tiverton
For developers considering Tiverton, the local market data translates directly into finance structuring. With a median value of £275,000 and detached homes at £397,500, lenders can assess scheme viability with confidence.
A typical development finance facility for a Tiverton scheme with a GDV of £397,500 would attract senior debt of approximately £258,375 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.
While prices have softened 7.6% year-on-year, experienced developers can still generate strong returns in Tiverton by targeting well-located sites with clear demand drivers.
Ready to develop in Tiverton? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.
Tiverton Compared to Nearby Devon Towns
To put Tiverton's market in context, the table below compares it with similarly-priced towns across Devon:
| Town | Median Price | Sales (12m) | YoY Change |
|---|---|---|---|
| Tiverton | £275,000 | 839 | -7.6% |
| Barnstaple | £290,000 | 1,088 | -1% |
| Newton Abbot | £290,000 | 1,518 | -3.3% |
| Exeter | £290,500 | 1,192 | -4.4% |
| Paignton | £245,000 | 622 | -7.5% |
| Exmouth | £317,500 | 1,887 | -3.8% |
For the full Devon town-by-town breakdown, see our comprehensive Devon property market report.
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5 min readFrequently Asked Questions
What is the average house price in Tiverton?
The median house price in Tiverton is £275,000, based on 839 transactions over the past 12 months. Detached homes average £397,500 while flat properties average £125,000.
Are house prices rising or falling in Tiverton?
House prices in Tiverton are falling at -7.6% year-on-year. This decline may present buying opportunities for investors and developers. The wider Devon market is falling at -4.9%.
How many properties sold in Tiverton recently?
Tiverton recorded 839 residential property sales in the past 12 months. This high volume indicates a liquid, active market.
What development finance is available for projects in Tiverton?
Developers in Tiverton 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.