Average property prices of £350,000 within Northlew in 2023, increasing by 14.8% from £305,000 in 2022.
It should be noted that house prices have fluctuated in recent years within the parish.
2.2% of homes are 1 bedroom properties, 17.6% are 2 bedrooms, 47% are 3 bedrooms, 33.2% are 4 or more (which is higher than the 21.1% average for England and Wales).
Occupancy ratings for bedrooms:
56.9% have 2 or more spare bedrooms,
30% have 1 spare bedroom,
11.5% have the correct number of bedrooms for their household need,
1.6% are lacking 1 bedroom.
Renting in Northlew
Average 2 bed rental prices of £675 per calendar month between 2020 and 2022 (median).
The maximum Local Housing Allowance is £792.83 per month for a 2 bed property
In the EX20 postcode area, there has been a 28.8% decrease in demand for rental properties, whilst there has been a 16.2% decrease in available listings, in the period between Sept 22 and Sept 23.
During the same period, there has been a 11.3% increase in the asking price on Rental Properties in the EX20 postcode area
Affordable housing
There are 2 affordable housing units that are managed by Live West. Aster has 4 affordable or social rent properties
Between Jan 2019 and Apr 2024, there have been 3 properties available through Devon Home Choice.
These have been 1 bed flats, which have received an average of 41 bids (median).
Devon Home Choice
3 applicants registered with a local connection through residence.
There were 3 further applicants with a local connection through employment or family connection.
The average income of households registered on Devon Home Choice with a local connection to Northlew is £18,245 annually (median).
Education
Northlew and Ashbury Parochial Church of England Primary School provides education for children aged 4 to 11 years
The number of children enrolled at the school has fluctuated in recent years, but has experienced a slight decline overall. The number of pupils remains below the school’s capacity of 49.
The percentage of children eligible for Free School Meals has slightly increased within the same period. This is an indicator of income and affordability of essential provisions.
From the census
11.9% travel less than 10km to their work place. 37.6% work mainly from home.
54.2% of the parish population are economically active and in employment, 2% are unemployed. 43.9% are economically inactive compared to the average for Devon at 43.6%.
55.8% own their home outright, 26.9% own with a mortgage or shared ownership, 2.2% live in social rented accommodation and 15.1% live in private rented accommodation or live rent free.
20% of households in the parish are single person households. 45.7% are two people households, which is above the average for England (34%). 14% are three person households, and 20.3% are four or more person households.
88.4 provide no unpaid care. 3.7% provide 50 or more hours of unpaid care a week. 1.8% provide 20 to 49 hours a week, and 6.4% provide 19 hours or less a week.
45.2% of households are not deprived in any dimension, compared to the average for England, at 48.4%. 41.3% are deprived in one dimension, and 12.2% deprived in two dimensions.