About a quarter of a million pounds for the typical house, which in Devon still counts as a bargain. Terraces go for well under that. Detached houses go for a lot more. The most common council tax band is B. Two rivers, a canal and a market town, at a price that would buy a garage in the places people compare it to.
The Land Registry's records for the year to May 2026 put the typical Tiverton sale at around £250,000, across 246 transactions. That volume matters: this is a market with enough movement that the median means something, rather than a handful of sales dragging a headline around. Terraces came in at about £215,000 on 104 sales, which makes them the workhorse of the town. Semis sat at roughly £260,000 on 68 sales. Detached houses ran to about £370,000 on 57. Flats, on 17 sales, came in at around £120,000, and at that price the flat market here is small enough that it is a niche rather than an option.
On direction, the published house price index for the area as at May 2026 shows the average price at about £286,000, down roughly 2% over twelve months. Flats did worse, down about 6% over the same period. Neither figure is dramatic and neither is a forecast. Over five years the index is up about 13%, which is the sort of number that tells you this is a steady market rather than an exciting one.
Council tax is where the town's affordability shows up as a monthly saving rather than a headline. Band B is the most common band, and about 55% of dwellings sit in bands A or B together, which is a genuinely cheap distribution. A band D bill runs to roughly £2,660 a year. Band A comes in at about £1,770. Most people here are paying the lower of those two, not the higher.
Renting is a different market and a wider one. The typical private rent across the Mid Devon area is about £870 a month, which is the average from the national rent index rather than a median of what is currently advertised, and covers the whole district rather than Tiverton alone. By size, one-bedroom places average about £640, two beds around £800, three beds roughly £990, and four or more about £1,450. Those are area figures, so treat them as the shape of the market and not as a quote for a specific street.
Against local earnings, the sums are unusually kind. Modelled household income for the financial year to March 2023 came to roughly £48,800 gross, before tax. Set that against a typical sale at around £250,000 and Tiverton sits in the category of English towns where an ordinary two-income household can still get a mortgage on an ordinary house without performing contortions. That is not a sentence you can write about most of Devon.
Per square metre, the sales that could be matched to an energy certificate's floor area, which is about 89% of them, come out at roughly £3,050. The typical matched property has about 81 square metres of floor space. That is a real family house rather than a compact one, and it is the reason the headline price looks like value rather than a trick of the mix.
The bedroom split from the 2021 census backs that up. About 40% of households have three bedrooms, roughly 30% have two, around 20% have four or more, and about 11% have one. Three-bed houses are the default here in a way they are not in most of the market, which is useful if you are buying one and less useful if you are trying to stand out selling one.
For what you get, Tiverton's pricing is one of its genuine strengths, and it is the thing that keeps the town on shortlists it has no business being on.