Parish Housing Profiles

Housing

• Median average property prices of £349,000 in 2022, increasing by 24.6% from £280,000 in 2021.
• 14.3% of homes are 1 bedroom properties, 26.2% are 2 bedrooms, 41.5% are 3 bedrooms, 18% are 4 or more (which is less than the 21.1%average for England and Wales). 
• Occupancy ratings for bedrooms:
  • 39.3% have 2 or more spare bedrooms
  • 33.2%  have 1 spare bedroom
  • 25.7% have the right amount of bedrooms for their households
  • 1.6% are lacking 1 bedroom
  • 0.1% are lacking 2 or more bedrooms

Renting in Kingsbridge

• Average 3 bed rental prices of £1,100 per calendar month between 2020 and 2022 (median).
• The maximum Local Housing Allowance is £728 per month for a 3 bed property 
• In the TQ7 postcode area, there has been a 110.5%increase in demand for rental properties, whilst there has been a 40.5% increase in the number of available listings, in the period between Oct 22 and Oct 23.
• In the same period, there has been a 29.3% decrease in the asking price on Rental Properties in the TQ7 postcode area.

Affordable housing

• Current stock (approximate):
  • Live West -  323 rented accommodation and 21 shared ownership and 49 sheltered accommodations.
  • Westward Housing -  16 rented units.
  • Guinness Partnership - 41 rented units and 2 shared ownership units. 
• Between Jan 2019 and Nov 23, there are have been 118 properties available through Devon Home Choice.
• Turnover of stock between Jan 2019 and Oct 2023 included 55 x 1 beds, 38 x 2 beds, 25 x 3 bed properties.

Devon Home Choice

• 136 applicants registered with a local connection through residence 
• 121 applicants registered with a local connection through immediate family connection or employment.
• The average income of households registered with Devon Home Choice with a local connection to Kingsbridge is £15,596 annually (median).

Education

From the census

• 36.5% travel less than 10km to their work place. 24.7% work mainly from home.
• 53.5% of the parish population are economically active and in employment, 1.7% are unemployed. 44.8% are economically inactive compared to the average for Devon at 43.6%.
• 40.3% of households owns their home outright, compared to the 42.2% average for Devon and the 45% average for the South Hams. 21.7% own with mortgage or shared ownership, 18.6% social rent their properties, which is above the average for England, and 19.4% private rent or live rent free.
• 36.2% of households in the parish are single person households. 37.5% are two people households, which is above the average for England. 12.1% are three person households, and 14.2% are four or more person households.
• 90.4% provide no unpaid care, which is below the average for England. 2.5%provide 50 or more hours of unpaid care a week. 1.7% provide 20 to 49 hours a week, and 5.4% provide 19 hours or less a week which is above the average for England.
• 50% of households are not deprived in any dimension, which is below the average for England, at 48.4%. 32.5% are deprived in one dimension, and 13.6% deprived in two dimensions.