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Exeter · report

Renovation in Exeter

In 2025, 13% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
13%

Homes finished in Exeter, by type of work

Homes added each financial year: new build, and homes gained by converting buildings or changing their use, net of those lost. MHCLG (England) and the Scottish Government.

  • Conversions
  • Extensions
  • New buildings
Show the numbers
YearNew buildingsExtensionsConversionsTotal
2025426—66492
2024745—31776
2023435—29464
2022669—51720
2021492—53545
2020808—3211,129
2019735—75810
2018555—163718
2017376—81457
2016532—123655
2015367—352719
2014491—64555
2013193—50243

England counts net additions: new build, plus homes gained by converting buildings or changing their use, net of those lost. Scotland counts homes from conversions. Wales and Northern Ireland publish no such split. Years are financial years, April to March, named by the year they end in.

Other reports for Exeter

Sale prices have an 80% chance of landing between £276,279 and £316,460 by August 2027.

Expected, August 2027
£296,370
Chance of a rise
67%

At the average sale price, a home costs £289,403. With 10% down and a 30-year mortgage, the payment is £1,335 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
23%
Payment, one income
46%

Owning and renting the average home cost about the same each month. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£1,318
Owning per month
£1,363

4.8% more homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
470
Per 1,000 residents
3.4

Figures for United Kingdom: Exeter has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

Sale prices have fallen by 3% or more 8 times since 1995. The deepest began in June 2007.

Deepest fall
−16.7%
Recovery from the low
59 months

In 2025 the population fell by 1,145 while 500 homes were finished.

Homes finished, 2025
500
Population change, 2025
−1,145

5.1% of the 55,629 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
5.1%
Empty homes
2,815