Water Lane - EX2 8BY
Key Postcode Insights
EX2 8BY is a residential postcode situated on Water Lane, Exeter, EX2 with 47 addresses.
It ranks as the 1218th largest and 384th most expensive of the 1,294 postcodes in the EX2 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 47 properties: 29 houses and 18 flats.
- Ave. Sale Price
- £251,503
- 10 Year change
- up 27.8%
- Ave. Rental Price
- £1,255pcm
- 10 Year change
- up 58.3%
- Ave. £ per ft²
- £357/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
EX2 8BY is a residential postcode situated on Water Lane, Exeter, EX2 with 47 addresses.
It ranks as the 1218th largest and 384th most expensive of the 1,294 postcodes in the EX2 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 47 properties: 29 houses and 18 flats.
- Ave. Sale Price
- £251,503
- 10 Year change
- up 27.8%
- Ave. Rental Price
- £1,255pcm
- 10 Year change
- up 58.3%
- Ave. £ per ft²
- £357/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin EX2 8BY
- Unit 2 Haven Banks
House
- Vulcan Estate
Modern Building | 9 Units
- 3 Water Lane
House
- 4 Water Lane
3 Bed Modern House
- 5 Water Lane
3 Bed Mid-century House
Sales Market Trends
The last sale in EX2 8BY sold for £350,000 on 28th November 2025. Since then prices are up an average of 1.4%.
The current average value in the postcode is £251,503.
The EX2 8BY Sales Market has increased by 27.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.3% | £251,503 |
| June 2025 | -1.7% | £248,297 |
| June 2024 | -2.9% | £252,480 |
| June 2023 | 1.2% | £259,914 |
| June 2022 | 12.2% | £256,856 |
| June 2021 | 5.4% | £228,970 |
| June 2020 | 3.1% | £217,153 |
| June 2019 | -1.1% | £210,645 |
| June 2018 | 3.6% | £212,997 |
| June 2017 | 4.5% | £205,598 |
| June 2016 | 5% | £196,754 |
| June 2015 | 4.5% | £187,317 |
| June 2014 | 4.2% | £179,304 |
| June 2013 | 1.2% | £172,092 |
| June 2012 | 0.8% | £170,107 |
| June 2011 | -1.5% | £168,804 |
| June 2010 | 10.2% | £171,301 |
| June 2009 | -8.5% | £155,467 |
| June 2008 | -1.9% | £169,889 |
| June 2007 | 0% | £173,200 |
Rental Market Trends
The current average rental value in the postcode is £1,255.
The EX2 8BY Rental Market has increased by 58.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.5% | £1,255pcm |
| June 2025 | 4% | £1,201pcm |
| June 2024 | 3.8% | £1,155pcm |
| June 2023 | 7.5% | £1,112pcm |
| June 2022 | 11% | £1,034pcm |
| June 2021 | 8.7% | £932pcm |
| June 2020 | 5.1% | £857pcm |
| June 2019 | 1.5% | £816pcm |
| June 2018 | 0.5% | £804pcm |
| June 2017 | 0.9% | £800pcm |
| June 2016 | 3.3% | £793pcm |
| June 2015 | 2.3% | £768pcm |
| June 2014 | 1.4% | £751pcm |
| June 2013 | 1.3% | £741pcm |
| June 2012 | 2% | £731pcm |
| June 2011 | 0.9% | £717pcm |
| June 2010 | 3.7% | £711pcm |
| June 2009 | -1.3% | £686pcm |
| June 2008 | 2.4% | £695pcm |
| June 2007 | 0% | £679pcm |
Sales History
The last sale was on 28th November 2025 for £350,000 and since then the market in the area has increased by 1.4%. The postcode has had a total of 48 sales since 1995.
EX2 8BY has seen 5 sales in the last three years and 1 sale in the last twelve months.
- Sold Nov 2025£350,000 | 3 Bed House41, Water Lane, Exeter, EX2 8BY41, Water Lane, Exeter, EX2 8BY
- Sold Mar 2025£303,000 | 3 Bed House36, Water Lane, Exeter, EX2 8BY36, Water Lane, Exeter, EX2 8BY
- Sold Oct 2024£246,000 | 3 Bed House4, Water Lane, Exeter, EX2 8BY4, Water Lane, Exeter, EX2 8BY
- Sold Sep 2024£250,000 | 3 Bed House4, Water Lane, Exeter, EX2 8BY4, Water Lane, Exeter, EX2 8BY
- Sold May 2023£272,500 | 3 Bed House37, Water Lane, Exeter, EX2 8BY37, Water Lane, Exeter, EX2 8BY
Nearby Postcodes
EX2 8BY is the 1218th largest and the 384th most expensive postcode out of the 1,294 postcodes in the EX2 area.
- EX2 8BA, Chandlers Walk, Exeter, EX2EX2 8BA61 Addresses|37 m away
- EX2 8EA, Haven Close, Exeter, EX2EX2 8EA24 Addresses|42 m away
- EX2 8EW, Chamberlain Road, Exeter, EX2EX2 8EW42 Addresses|78 m away
- EX2 8EU, Water Lane, Exeter, EX2EX2 8EU14 Addresses|108 m away
- EX2 8BB, Monitor Close, Exeter, EX2EX2 8BB12 Addresses|110 m away
Property Types
- 19 modern houses built after 1980
- 18 modern flats built after 1980
- 2 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 7 other addresses of unknown type
- modern house (19)
- modern flat (18)
- mid-century house (2)
- house (1)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 30 properties.
- The most common rating is C.
- A (5)
- E (1)
- B (4)
- F (0)
- C (17)
- G (0)
- D (3)
- No EPC (17)
Top 3 Most Expensive Sales
- Sold Sep 2022£380,000 | 2 Bed FlatFlat 58, River Meadows, Water Lane, Exeter, EX2 8BDFlat 58, River Meadows, Water Lane, Exeter, EX2 8BD
- Sold Nov 2025£350,000 | 3 Bed House41, Water Lane, Exeter, EX2 8BY41, Water Lane, Exeter, EX2 8BY
- Sold Dec 2024£325,000 | 2 Bed FlatFlat 58, River Meadows, Water Lane, Exeter, EX2 8BDFlat 58, River Meadows, Water Lane, Exeter, EX2 8BD
Schools Nearby
- St Thomas Primary School500 m away
- St Leonard's (CofE) Primary School800 m away
- Montgomery Primary School1.0 km away
- West Exe School1.0 km away
- Isca Academy1.7 km away
- St Peter's Church of England Aided School3.4 km away
More reading links
Public Transport Nearby
The closest station to EX2 8BY is Exeter St Thomas station, which is 600 metres away.
- Exeter St Thomas|600 m away
- Marsh Barton|1.2 km away
- Exeter Central|1.3 km away
- Exeter St David's|1.8 km away