Property investment stats for Okehampton, South West

• The private rented sector is substantial, with a high proportion of households renting privately in the 80th percentile, which supports ongoing tenant demand.
• Investors can achieve a median discount of £4,950 (the typical achieved discount) when purchasing, potentially improving value for money on acquisition.
• The top postcode district offers rental yields of 4.1%, which is higher than the area average and may appeal to yield-focused buyers.

• One-year capital growth has changed by -8.7%, so short-term price performance has been negative.
• The area has a relatively low proportion of degree-educated residents and professionals (both below the 25th percentile), which may limit demand for higher-end or executive lets.
• Properties are taking an average of 84 days to sell, which could affect liquidity if quick sales are needed.

Looking ahead, Okehampton’s property market is likely to remain stable but unspectacular in terms of growth. With three-year capital growth at 6.9% and annualised growth over that period at 2.2%, the area has delivered steady if modest returns over the medium term. The strong presence of private renters and the achievable median discount on purchases should continue to support investment activity, especially for landlords focused on income over capital gains.

Affordability remains a key strength, with both price-to-income and rent-to-income ratios at levels that compare favourably to many other markets. However, with an older demographic and limited inflows of younger professionals, investors should be realistic about the prospects for rapid price appreciation. The market here suits those seeking consistent rental demand and value opportunities rather than those chasing high-growth hotspots.