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Registered Address: 2 Leman St, London E1 8FA
EX16 5LEHouse Prices / South West, Mid Devon, Melbourne Street
Last updated May 2026
Key Postcode Insights
EX16 5LE is a residential postcode situated on Melbourne Street, Tiverton, EX16 with 4 addresses.
It ranks as the 317th largest and 285th most expensive of the 1,433 postcodes in the EX16 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
4
Properties
- Houses
Key Postcode Insights
EX16 5LE is a residential postcode situated on Melbourne Street, Tiverton, EX16 with 4 addresses.
It ranks as the 317th largest and 285th most expensive of the 1,433 postcodes in the EX16 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
4
Properties
- Houses
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House Pricesin EX16 5LE
Sale prices range from £209,790 for 3 bedroom freehold houses with a garden (990 ft2) to £677,477 for 5 bedroom freehold houses with a garden (8,632 ft2) .
Monthly rental prices range from £983 pcm for 3 bed houses to £2,894 pcm for 5 bed houses.
The gross rental yield is between 5.1% and 5.6%.
The average value per square foot is £213.
Average Sale Value
£328,509
Average Rental Value
£1,470 pcm
Average Rental Yield
5.4% /year
Average Value Per Sqft
£213 /ft2
Sales Market Trendsin EX16 5LE
The last sale in EX16 5LE sold for £182,000 on 8th September 2016. Since then prices are up an average of 37.2%.
The current average value in the postcode is £328,509.
The EX16 5LE Sales Market has increased by 39.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1% | £328,509 |
| April 2025 | -2.7% | £325,280 |
| April 2024 | -3.1% | £334,454 |
| April 2023 | 3.8% | £345,068 |
| April 2022 | 15% | £332,582 |
| April 2021 | 9.3% | £289,199 |
| April 2020 | 0.1% | £264,622 |
| April 2019 | 6.3% | £264,241 |
| April 2018 | 1.6% | £248,566 |
| April 2017 | 4.1% | £244,606 |
| April 2016 | 3% | £234,919 |
| April 2015 | 4.5% | £228,097 |
| April 2014 | 3.3% | £218,192 |
| April 2013 | 5.5% | £211,212 |
| April 2012 | -1.3% | £200,131 |
| April 2011 | -3.3% | £202,694 |
| April 2010 | 5.3% | £209,511 |
| April 2009 | -9.2% | £198,958 |
| April 2008 | 2.6% | £219,053 |
| April 2007 | 0% | £213,447 |
Rental Market Trendsin EX16 5LE
The current average rental value in the postcode is £1,470.
The EX16 5LE Rental Market has increased by 55.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.2% | £1,470pcm |
| April 2025 | 1.7% | £1,424pcm |
| April 2024 | 6.1% | £1,401pcm |
| April 2023 | 6.4% | £1,321pcm |
| April 2022 | 12.7% | £1,241pcm |
| April 2021 | 6.4% | £1,102pcm |
| April 2020 | 2% | £1,035pcm |
| April 2019 | 1.1% | £1,015pcm |
| April 2018 | 3.5% | £1,004pcm |
| April 2017 | 2.8% | £970pcm |
| April 2016 | 0.2% | £944pcm |
| April 2015 | 4.6% | £941pcm |
| April 2014 | 0.9% | £900pcm |
| April 2013 | -0.9% | £892pcm |
| April 2012 | 3.8% | £899pcm |
| April 2011 | 0.3% | £866pcm |
| April 2010 | 2% | £863pcm |
| April 2009 | -5.2% | £846pcm |
| April 2008 | 3.8% | £892pcm |
| April 2007 | 0% | £859pcm |
Explore Propertiesin EX16 5LE, Melbourne Street, Tiverton, EX16
- 1 Melbourne Cottages, Melbourne Street, Tiverton, EX16 5LE3 bed period house
- 2 Melbourne Cottages, Melbourne Street, Tiverton, EX16 5LE3 bed period house
- 3 Melbourne Cottages, Melbourne Street, Tiverton, EX16 5LE5 bed period house
- 4 Melbourne Cottages, Melbourne Street, Tiverton, EX16 5LE3 bed period house
Sales Historyin EX16 5LE
The last sale was on 8th September 2016 for £182,000 and since then the market in the area has increased by 37.2%. The postcode has had a total of 8 sales since 1995.
EX16 5LE has seen no sales in the last three years and no sales in the last twelve months.
Sold Sep 2016£182,000 | 5 Bed HouseMelbourne Street3 Melbourne Cottages, Melbourne Street, Tiverton, EX16 5LE
Sold Jan 2015£155,000 | 3 Bed HouseMelbourne Street1 Melbourne Cottages, Melbourne Street, Tiverton, EX16 5LE
Sold Mar 2012£125,000 | 3 Bed HouseMelbourne Street2 Melbourne Cottages, Melbourne Street, Tiverton, EX16 5LE
Sold Jan 2011£129,000 | 3 Bed HouseMelbourne Street1 Melbourne Cottages, Melbourne Street, Tiverton, EX16 5LE
Sold Feb 2005£140,000 | 3 Bed HouseMelbourne Street4 Melbourne Cottages, Melbourne Street, Tiverton, EX16 5LE
Sold Apr 2004£137,500 | 5 Bed HouseMelbourne Street3 Melbourne Cottages, Melbourne Street, Tiverton, EX16 5LE
Sold Dec 1998£70,000 | 3 Bed HouseMelbourne Street4 Melbourne Cottages, Melbourne Street, Tiverton, EX16 5LE
Sold Nov 1996£53,000 | 3 Bed HouseMelbourne Street4 Melbourne Cottages, Melbourne Street, Tiverton, EX16 5LE
Nearby Postcodesto EX16 5LE
EX16 5LE is the 317th largest and the 285th most expensive postcode out of the 1,433 postcodes in the EX16 area.
- 37 mEX16 5LD, Melbourne Street, Tiverton, EX16EX16 5LD4 Addresses
- 57 mEX16 5JR, Seymour Terrace, Tiverton, EX16EX16 5JR23 Addresses
- 70 mEX16 5JS, Alexandra Terrace, Tiverton, EX16EX16 5JS18 Addresses
- 72 mEX16 5LB, Melbourne Street, Tiverton, EX16EX16 5LB10 Addresses
- 77 mEX16 5LF, Elm Terrace, Tiverton, EX16EX16 5LF11 Addresses
- 85 mEX16 5LG, Leat Street, Tiverton, EX16EX16 5LG52 Addresses
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Property Typesin EX16 5LE
- 4 period houses built between 1800 and 1911
- period house (4)
Energy Efficiencyof properties in EX16 5LE
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The dominant rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (0)
Top 3 Most Expensive Saleson Melbourne Street
Schools Nearbyto EX16 5LE
The nearest primary school to EX16 5LE is St John's Catholic Primary School which is 134 metres away.
- 134mSt John's Catholic Primary School
- 514mHeathcoat Primary School
- 738mCastle Primary School
The nearest secondary school is Tiverton High School which is 632 metres away.
- 632mTiverton High School
- 9.3kmCullompton Community College
- 11.3kmUffculme School
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Public Transport Nearbyto EX16 5LE
The closest station to EX16 5LE is Tiverton Parkway station which is 9.5 kilometres away.
- 9.5kmTiverton Parkway
- 15.6kmNewton St Cyres
- 17.3kmCrediton
- 18.0kmCranbrook (Devon)
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