West Devon property market
In West Devon (South West) the average private rent is £839/month (ONS, May 2026) and the average house price is £307,291 (HM Land Registry, April 2026). That puts rent 39% below and house prices 14% above the UK average. The gross rental yield works out at 3.3%.
- Average rent
- £839/mo
- +1.3% YoY
- Average house price
- £307,291
- +6.9% 12m
- Gross rental yield
- 3.3%
- UK avg 6.1%
- Price-to-rent
- 30.5
- UK avg 16.3
Rent vs buy in West Devon
The average home in West Devon costs about 30.5 years of average rent (price-to-rent ratio 30.5), compared with 16.3 for the UK as a whole. On this market-level signal, buying looks relatively more expensive here than the UK average. This is an arithmetic ratio of the two official figures above — a market indicator, not personal financial advice.
Go deeper
Nearby areas in South West
- Teignbridge£951/mo · £288,664
- Forest of Dean£823/mo · £290,398
- Mid Devon£873/mo · £291,923
- Bournemouth, Christchurch and Poole£1,404/mo · £311,309
- North Somerset£1,197/mo · £313,919
- Tewkesbury£1,020/mo · £319,597
Frequently asked questions
- What is the average rent in West Devon?
- The average monthly private rent in West Devon is £839, according to the ONS Price Index of Private Rents (May 2026), +1.3% over the past 12 months. The UK average is £1,383.
- What is the average house price in West Devon?
- The average house price in West Devon is £307,291 (HM Land Registry UK House Price Index, April 2026), +6.9% over 12 months. The UK average is £270,080.
- What is the gross rental yield in West Devon?
- Dividing the average annual rent (£10,068) by the average house price (£307,291) gives a gross rental yield of 3.3% in West Devon. This is a "gross" figure — before voids, management, maintenance and tax. The UK-average gross yield on the same basis is 6.1%.
- Is it cheaper to rent or buy in West Devon?
- In West Devon the average house price equals about 30.5 years of average rent (price-to-rent ratio 30.5). A higher ratio leans toward renting being relatively cheaper month-to-month; a lower ratio leans toward buying. The UK-average ratio is 16.3. This is a market-level signal, not personal financial advice.
Rent: Office for National Statistics — Price Index of Private Rents, UK: monthly price statistics — edition 17 June 2026, reference May 2026 (ONS PIPR). House prices: HM Land Registry — UK House Price Index (UKHPI), reference April 2026 (UKHPI). Both © Crown copyright, licensed under the Open Government Licence v3.0. Gross rental yield and price-to-rent ratio are computed from these two figures.