EX38 in Torrington, Devon, demonstrates modest property market dynamics with a trajectory score of 42.7/100, placing it in the 13th percentile nationally. Over the past five years, residential prices have appreciated at 2.1% compound annual growth, while rental yields have expanded at 5.2% annually, indicating stronger income returns than capital appreciation. Population growth remains limited at 0.6% over the same period, suggesting stable rather than expanding demand. The district is classified as being in a latent gentrification stage, meaning material social or economic transformation is not currently evident. These metrics reflect a market characterised by relative stability with modest rental activity outpacing capital growth.
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See plans from £20/moKey signals
- 1Property prices up 0.9% over 5 years (5yr CAGR)
- 2Rents growing at 5.2% per year
- 3Population growing at 0.6% per year
Nearby districts
What's changing in Torrington · June 2026
The trajectory score moved down 1.5 points this month to 41/100, driven mainly by safety.
19 planning applications submitted in EX38 over the last six months, including 2 new build residential schemes proposing 10 homes, 1 demolition.
- Outline application for the erection of 10 no. dwelling with all matters reserved except for accessMar 2026 · Application is being considered
- Outline application for 1no. dwelling with all matters reserved except for access and layout (self build) (Variation of condition 3 of planning approval 1/0425/2025/OUT)Jun 2026 · Application is being considered
- Repair and stabilisation works, demolition of modern rear structures and provision temporary WC facilitiesJun 2026 · Application is being considered
Torrington (EX38) common questions
Is Torrington up and coming?
Torrington (EX38) has a trajectory score of 41/100 (Average), placing it in the top 91% of postcode districts in England and Wales. The score is down 1.8 points over the last 12 months. The score combines price momentum, demand, transformation, economy, safety and risk signals from public data, updated monthly.
Is Torrington safe?
Torrington has a safety score of 50/100 on Praesago's index, based on police.uk recorded crime data.
What is the average house price in Torrington?
The average property price in Torrington (EX38) is £259k as of January 2026, based on UK House Price Index data. Prices have grown at 0.9% per year over the last five years.
What is the average rent in Torrington?
The median monthly rent in Torrington (EX38) is £790 (2026), based on ONS private rental data.
Which areas are near Torrington?
Neighbouring postcode districts include Swansea (SA4), Carmarthen (SA32), Llanelli (SA14), Llandeilo (SA19), Carmarthen (SA31). Each has its own monthly data page on Praesago.
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Disclaimer: Praesago provides data analytics and market intelligence. Nothing on this platform constitutes financial advice, investment advice, or a personal recommendation. Property values can fall as well as rise. Past performance does not predict future results. Seek independent financial and legal advice before making property investment decisions.