EX11 (Ottery St. Mary) area guide

EX11
Ottery St. Mary
The EX11 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Alfington, Broadclyst, Cadhay, Cadhay Lane, Coombelake, Devon, East Hill, Escot Park, Fairmile, Fluxton, Gosford, Higher Metcombe, Metcombe, Newton Poppleford and Harpford, Ottery St Mary, Ottery St Mary Rural, Ottery St Mary Town, Salston, Southerton, Taleford, Venn Ottery, West Hill, Whimple, Wiggaton.
N/A
N/A


Notes:

A Mouseprice property guide for EX11 Ottery St. Mary is coming soon. In the meantime, please have a look at the raw data and statistics about EX11 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Exeter propertyThe size of the property market in EX11 is 3210 homes.

Exeter propertyGiven that the nominal growth rate in this postcode district (EX11) has been about 15% over the last 5 years, it would be reasonable to assume that this isa dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.

Exeter propertyOver the last 3 months, the average property value for this postcode district has been £272764.

Exeter propertyWhen examining the ability of consumers to further extend themselves in the face of increasing property prices, many commentators pay close attention to the price earnings ratio. Price Earnings Ratio in this postcode district is 13.5.

Exeter propertyNew transactions as a percentage of overall sales are 17%.

Housing stock:

Ottery St. Mary propertyIf you are specifically looking to buy Detached Houses, this would be an excellent area for you to explore, with 46.3% of properties being this type.

Ottery St. Mary propertyFor those buyers keen to purchase Flats, this would not be an ideal area, because only 6.8% are this type.

Ottery St. Mary propertyThis is an area with a high proportion of property suitable for families with children.

Ottery St. Mary propertySocially rented accommodation represents 8.2% of the total rented accommodation in the area.

Ottery St. Mary propertyThe majority of property in this area is owner occupied.

Ottery St. Mary propertyThe average price of a two bed property in this area is higher than the national average of £187894 at £189360.

Who lives here:

Ottery St. Mary propertyTotal population in this area is 7131.
Ottery St. Mary propertyThis area is a haven for the retired, who make up 32.5% of the population.
Ottery St. Mary propertyThis area has a high percentage of married people at 19.6%.
Ottery St. Mary propertyAverage working hours in this area for men are 43 and for women are 30.
Ottery St. Mary propertyThis area has 2.2 people per square kilometre.
Ottery St. Mary propertyThe largest source of work in this area is Wholesale & Retail (18.9% of workers), followed by Construction (12.3%).