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Property investment stats for Bovey Tracey, South West

A complete guide to property investment in Bovey Tracey.

Last updated: 18 September 2025

Investment summary

Bovey Tracey sits at the edge of Dartmoor and has shown strong momentum in property values, with capital growth of 7.5% over the past year and 16.3% over three years. The annualised growth rate of 5.2% suggests steady performance rather than a flash in the pan. With a median price per square foot of £376 per sq ft, the area is not cheap, but the price-to-income ratio of 7.1 keeps it within reach for many buyers. The market is moderately active, with 112 sales per year and homes spending an average of 53 days on the market. Buyers are still able to negotiate, as shown by the median achieved minus asking price of £3,750 (the typical achieved discount).

Image of Bovey Tracey, South West

Key investment stats for Bovey Tracey

Median price per sq ft

£376 / sq ft

Average rental yield

-

Capital growth (1y)

7.5%

Sales in past year

112

* Property stats calculated for last full calendar year (2024).

Live property stats in Bovey Tracey

Live prices in Bovey Tracey, South West

* Extreme prices clipped for legibility

Properties for sale

Median price

£357,500

25% of properties below...

£250,000

75% of properties below...

£498,750

Most expensive property

£2,000,000

Live listings

90

Median days on market

53

Should you invest in Bovey Tracey?

Opportunities

  • The area has delivered capital growth of 7.5% over the past year, which could appeal to those looking for momentum in asset values.
  • The annualised growth rate of 5.2% points to a stable upward trend rather than short-term volatility.
  • Achievable discounts, as seen in the median achieved minus asking price of £3,750 (the typical achieved discount), offer buyers some leverage in negotiations.

Risks

  • Rental yields are not especially strong, with the top local district only offering 3.2%.
  • The population is heavily skewed towards older residents, with those aged 60+ in the 96th percentile, which could limit long-term rental demand.
  • The low proportion of families (10th percentile) and younger adults may cap growth in certain types of demand.

Outlook

Looking ahead, Bovey Tracey’s property market is likely to remain resilient, given its recent capital growth of 7.5% and a price-to-income ratio of 7.1 that does not look stretched. The area’s high owner-occupier rate (77th percentile) and low unemployment (31st percentile) point to underlying stability and financial security among residents. However, with the top rental yield only at 3.2%, investors looking for strong income may find better opportunities elsewhere. The market is not overheated, with properties taking 53 days to sell and buyers still able to negotiate discounts.

Overall, expect steady capital appreciation rather than dramatic rental returns. The demographic profile means this is a market for patient investors with an eye on long-term value rather than quick wins.

Live properties in Bovey Tracey

Investment properties in Bovey Tracey, South West

3 bedroom detached bungalow for sale
10% below median price

£495,000 - Guide Price

3 bedroom detached bungalow for sale

Langaller Close, Bovey Tracey, TQ13

Properties needing refurbishment in Bovey Tracey, South West
Needs Refurb
5 bedroom detached bungalow for sale
On market for 176 days

£595,000 - Guide Price

5 bedroom detached bungalow for sale

Heathfield Close, Bovey Tracey

Slow to sell properties in Bovey Tracey, South West
Slow to Sell
3 bedroom bungalow for sale
Reduced by 12%

£700,000 - Offers Over

3 bedroom bungalow for sale

Pottery Road, Bovey Tracey, Newton ...

Big price drop properties in Bovey Tracey, South West
Big Price Drop
5 bedroom character property for sale
49% below median price

£430,000 - Guide Price

5 bedroom character property for sale

East Street, Newton Abbot

Low price-per-sq-ft properties in Bovey Tracey, South West
Low Price per Sq Ft

Achieved vs asking prices

Key takeaway: Balanced market

On average, properties sell slightly below asking; careful comp analysis is key.

Headline stats

• Median discount: £3,750

• 1 in 4 properties sell at > £10,000 below asking

• 1 in 10 properties sell at > £15,000 below asking

In percentage terms:

• Median discount of 1.2%

• 25% of properties discounted by > 2.6%

• 10% of properties discounted by > 3.1%

Best places to invest in Bovey Tracey

Top postcodes for rental yield and (annualised) capital growth

Rank
Postcode
Yield
Capital growth
Median £/sq ft
1TQ133.2%5.5%£356 / sq ft

Data sources

GeoGlider calculates property investment stats by blending official and proprietary datasets. Here's a quick overview of key sources and how we use them:

  • HM Land Registry: Property transaction and sold-price records for England & Wales used to calculate historical capital growth, price levels and comparables.

  • Office for National Statistics (ONS): Demographic and economic indicators for the UK, including Census 2021, supporting area profiling and market context.

  • Ordnance Survey: Authoritative UK geospatial data powering accurate boundaries, roads and terrain for mapping and spatial analysis.

  • GeoProp: Our proprietary AI pipeline that processes millions of property listings to extract rich features and live market signals.

  • Department for Levelling Up, Housing & Communities: Energy Performance Certificate (EPC) scores and property floor areas.

  • HM Revenue & Customs (HMRC): Household income and employment data to understand local affordability and economic conditions.

Data is updated continuously, matched across sources and rigorously validated.