The Mortehoe property market presents a fascinating picture of coastal North Devon. Our data shows an average asking price of £461,682, though sold price data reveals some notable variations. According to recent research, the average sold price in Mortehoe reached £975,000 over the last twelve months, while another source indicates £553,333. This discrepancy likely reflects different reporting periods and the mix of properties sold during each timeframe.
Price trends in Mortehoe have shown significant fluctuation, with overall sold prices falling 33% compared to the previous year and sitting 41% below the 2022 peak of £935,000. However, individual roads tell different stories. Mortehoe Station Road has proven remarkably resilient, with prices 50% above the 2019 peak of £635,000 over the last year. Conversely, North Morte Road experienced dramatic declines, with prices 70% down on the previous year and 74% below the 2023 peak of £1,250,000.
Detached properties command the highest prices in the area, with recent sales averaging around £665,000. Flats have sold for an average of £330,000, representing more accessible entry points to the Mortehoe market. The premium end of the market includes several properties exceeding £750,000, with five listings currently priced above £1 million.