EX38 7BU is a residential postcode situated on Hatchmoor Road, Torrington, EX38 with 23 addresses.
It ranks as the 432nd largest and 319th most expensive of the 503 postcodes in the EX38 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 23 properties: 23 houses.
EX38 7BU is a residential postcode situated on Hatchmoor Road, Torrington, EX38 with 23 addresses.
It ranks as the 432nd largest and 319th most expensive of the 503 postcodes in the EX38 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 23 properties: 23 houses.
Sale prices range from £273,691 for 3 bedroom freehold houses with a garden (731 ft2) to £595,058 for 4 bedroom freehold houses with a garden (1,685 ft2) .
Monthly rental prices range from £849 pcm for 3 bed houses to £1,656 pcm for 4 bed houses.
The gross rental yield is between 2.8% and 4.8%.
The average value per square foot is £279.
The last sale in EX38 7BU sold for £655,000 on 3rd May 2024. Since then prices are down an average of 0.7%.
The current average value in the postcode is £399,649.
The EX38 7BU Sales Market has increased by 38.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.4% | £399,649 |
| May 2025 | -0.3% | £401,336 |
| May 2024 | -4.6% | £402,429 |
| May 2023 | -2.4% | £421,879 |
| May 2022 | 23.9% | £432,126 |
| May 2021 | 5.4% | £348,644 |
| May 2020 | 0.8% | £330,703 |
| May 2019 | 1.3% | £328,188 |
| May 2018 | 9.2% | £323,988 |
| May 2017 | 3.1% | £296,795 |
| May 2016 | 4.2% | £287,741 |
| May 2015 | 2.7% | £276,101 |
| May 2014 | 3.7% | £268,779 |
| May 2013 | -2.6% | £259,221 |
| May 2012 | -0.9% | £266,054 |
| May 2011 | 1.4% | £268,424 |
| May 2010 | 6.7% | £264,741 |
| May 2009 | -8.3% | £248,164 |
| May 2008 | 0.8% | £270,761 |
| May 2007 | 0% | £268,742 |
The current average rental value in the postcode is £1,129.
The EX38 7BU Rental Market has increased by 52.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.7% | £1,129pcm |
| May 2025 | 4.3% | £1,088pcm |
| May 2024 | 3.8% | £1,043pcm |
| May 2023 | 5.6% | £1,005pcm |
| May 2022 | 11.6% | £952pcm |
| May 2021 | 6.5% | £853pcm |
| May 2020 | 2.2% | £800pcm |
| May 2019 | 1.8% | £783pcm |
| May 2018 | 1.3% | £769pcm |
| May 2017 | 2.6% | £759pcm |
| May 2016 | 1.6% | £740pcm |
| May 2015 | 2% | £728pcm |
| May 2014 | 2.5% | £714pcm |
| May 2013 | 0.6% | £697pcm |
| May 2012 | 1.2% | £693pcm |
| May 2011 | 1.6% | £684pcm |
| May 2010 | 4.7% | £674pcm |
| May 2009 | -4.3% | £644pcm |
| May 2008 | 2.7% | £672pcm |
| May 2007 | 0% | £654pcm |
The last sale was on 3rd May 2024 for £655,000 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 29 sales since 1995.
EX38 7BU has seen 1 sale in the last three years and no sales in the last twelve months.
EX38 7BU is the 432nd largest and the 319th most expensive postcode out of the 503 postcodes in the EX38 area.
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The closest station to EX38 7BU is Chapelton (Devon) station which is 10.2 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around EX38 7BU, 47.2% of property is privately owned outright and 23.3% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around EX38 7BU, 16.3% of residents are recorded as possessing school level qualifications and 18.1% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around EX38 7BU, the average age was 44.4 and the most common age was 52.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around EX38 7BU, 1.1% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around EX38 7BU, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.