Belstone Parish Profile

Average property prices of £540,000 within Belstone in 2022, decreasing by 3.6%from £560,000 in 2021.
- It should be noted that property prices in Belstone have fluctuated across the last 7 years, but have increased overall from £341,000 in 2016.
5.4% of homes are 1 bedroom properties, 14.3% are 2 bedrooms, 39.3% are 3 bedrooms, 41.1% are 4 or more (which is higher than the 21.1% average for England and Wales).
Occupancy ratings for bedrooms:
- 64% have 2 or more spare bedrooms
- 27% have 1 spare bedroom
- 7.2% have the right amount of bedrooms for their households
- 1.8% are lacking 1 bedroom
Of the households in the parish, 62.2% own their home outright, 21.6% own with a mortgage or shared ownership, 3.6% live in social rented accommodation and 12.6% live in private rented accommodation or live rent free.

Current stock (approximate): Live West - 3 affordable rented stock.
There have been no Affordable Housing units available through Devon Home Choice, between January 2019 and October 2023.

1 applicants registered with a local connection through residence.
The income of households registered on Devon Home Choice with a local connection to Belstone is £19,000 annually.

Average 1 bed rental prices of £800 per calendar month between 2020 and 2022 (median).
The maximum Local Housing Allowance is £568.45 per month for a 2 bed property
In the EX20 postcode area, there has been a 5.2% increase in demand for rental properties, whilst there has been a 200% increase in available listings, in the period between Sept 22 and Sept 23.
During the same period, there has been a 43% increase in the asking price on Rental Properties in the EX20 postcode area.

21.2% travel less than 10km to their work place. 44.2% work mainly from home.
50.9% of the parish population are economically active and in employment, 3.5% are unemployed. 45.6% are economically inactive.
24.8% of households in the parish are single person households. 45.1% are two people households, which is above the average for England. 15% are three person households, and 15% are four or more person households.
87.2% provide no unpaid care. 3.7% provide 50 or more hours of unpaid care a week. 1.6% provide 20 to 49 hours a week, and 7.4% provide 19 hours or less a week.
50.4% of households are not deprived in any dimension. 38.1% are deprived in one dimension, and 10.6% deprived in two dimensions.
66.4% of the population are aged 50 years or older.

A Housing Needs Survey was carried out by West Devon Borough Council in September 2023.
This received a response rate of 14.1%.
All respondents to the survey were owner occupiers, with 80%owning their home outright.

Housing Needs Survey Results