A complete guide to property investment in Bovey Tracey.
Last updated: 25 March 2026
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 79 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).
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 prices in Bovey Tracey, South West
* Extreme prices clipped for legibility
Median price
£325,000
25% of properties below...
£238,750
75% of properties below...
£481,125
Most expensive property
£1,250,000
Live listings
80
Median days on market
79
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 79 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.
Average yield (%)
Median price per sq ft (£/sq ft)
Investment properties in Bovey Tracey, South West

£140,000 - Offers in Excess of
2 bedroom mobile home for sale
Parklands Way, New Park, Bovey Trac...

£100,000 - Offers in Excess of
2 bedroom detached bungalow for sale
Newton Road, Bovey Tracey, Newton A...

£130,000 - Guide Price
2 bedroom park home for sale
Birch Lea Close, New Park, Bovey Tr...

£120,000 - Guide Price
2 bedroom mobile home for sale
Lakeside Close, New Park, Bovey Tra...

£135,000 - Guide Price
2 bedroom apartment for sale
Devon House Drive, Bovey Tracey, Ne...
On average, properties sell slightly below asking; careful comp analysis is key.
• 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%
Top postcodes for rental yield and (annualised) capital growth
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.