Strategic Housing Market Assessment - North Devon District Council

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SHMA: Torridge and North Devon Update Key findings: • The number of transactions within each sub area has been relatively stable over the 3 year period. • One SMA (HOLS) had an increase in sales between Year One (2009) and Year Two (2010), and the other three (DRA, LAUN and TTRFTR had a decrease. • Two SMAs (HOLS and LAUN) had a small increase in sales between Year Two (2010) and Year Three (2011 to end January 2012) and two had a decrease (DRA and TTRFTR). • Comparing Year One (2009) with Year Three (2011 to end of January 2012), two SMAs had a small increase in sales over the two year period (HOLS and LAUN), and two had a decrease in sales (DRA and TTRFTR) during the two year period. • Average prices increased in three of the SMAs (HOLS, LAUN and TTRFTR) between Year One (2009) and Year Two (2010); and decreased in DRA. • Average prices increased in two SMAS (DRA and LAUN) between Year Two (2010) and Year Three (2011 to end of January 2012) and decreased in the other two SMAs (HOLS and TTRFTR). • Average prices increased in three of the SMAs (HOLS, TTRFTR and LAUN) when comparing Year One (2009) with Year Three (2011 to end of January 2012). Average Prices decreased in DRA during this two year period to a lower level than the average in 2009. • Average prices increased in Torridge between Year One (2009) and Year Two (2010) but have since fallen to a position slightly above the average for 2009. 5.49 The following map identifies the spectrum of average prices for properties sold between 1 st January 2011 and 31 st January 2012 and enables lower and higher price hot spots and differentials across SMAs to be identified 219
SHMA: Torridge and North Devon Update Map 5.4 5.50 The following table summarises the number of sales and average price by property type by local authority area between January 2011 and 2012. 220
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Strategic Housing Market Assessment
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SHMA: Torridge and North Devon Upda
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Acronyms & Abbreviations SHMA: Torr
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Strategic Housing Market Assessment - North Devon District Council

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