Parish Housing Profiles

Housing

• Average property prices of £436,250 in 2022, increasing by 24.6% from £350,000 in 2021. 
• 7.6% of homes are 1 bedroom properties, 38.6% are 2 bedrooms, 35.6% are 3 bedrooms, 18.1% are 4 or more (which is lower than the average for England and Wales). 
• Occupancy ratings for bedrooms: 
  • 35.9% have 2 or more spare bedrooms, 
  • 37.7% have 1 spare bedroom, 
  • 23.8% have the correct number of bedrooms for their household needs, and
  • 2.6% are lacking 1 bedroom.

Renting in Malborough

• Average 2 bed rental prices of £795 per calendar month between 2020 and 2022. 
• The maximum Local Housing Allowance is £598.35 per month for a 2 bed property. 
• In the TQ7 postcode area, there has been a 63.9% increase in demand for rental properties, whilst there has been a 15% increase in available listings, in the period between Nov 22 and Nov 23. 
• During the same period, there has been a 11.8% decrease in the asking price on Rental Properties in the TQ7 postcode area.

Affordable housing

• Current stock (approximate): 
  • Live West - 31 rented accommodation, 4 shared ownership properties, 
  • Hastoe - 17 rented accommodation, 
  • Teign Housing - 10 rented accommodation. 
• Turnover of stock between Jan 2019 and Dec 2023 included 4 x 1 beds, 7 x 2 beds, and 1 x 3 bed properties. 
• These have been a mix of 5 houses, 6 flats and 1 bungalow.

Devon Home Choice

• 14 applicants registered with a local connection through residence 
• 14 applicants registered with a local connection through immediate family connection and 2 with local connection through employment. 
• The average income of households registered with Devon Home Choice with a local connection to Malborough is £20,750 annually (median).

Malborough with South Huish Church of England Primary School

• Malborough with South Huish Church of England Primary School provides for children aged 4 years until 11 years. 
• The number of children enrolled at the school has decreased in recent years but remained at a similar level, which is notably below the school’s capacity of 105 pupils. 
• The percentage of children eligible for Free School Meals has increased by 4.4%. This is an indicator of income and affordability of essential provisions.

From the census

• 31.3% travel less than 10km to their work place. 27% work mainly from home. 
• 53.5% of the parish population are economically active and in employment, 2.2% are unemployed. 44.2% are economically inactive compared to the average for Devon at 43.6%. 
• 44.3% of households own their home outright, compared to the 42.2% average for Devon and the 45% average for the South Hams. 25% own with mortgage or shared ownership, 14.8% social rent their properties, 15.9% private rent or live rent free. 
• 34.3% of households in the parish are single person households. 36.7% are two people households, which is above the average for England (34%). 14% are three person households, and 15.1% are four or more person households. 
• 89.9% provide no unpaid care. 3% provide 50 or more hours of unpaid care a week. 1.5% provide 20 to 49 hours a week, and 5.7% provide 19 hours or less a week. 
• 49.6% of households are not deprived in any dimension, which is slightly above the average for England, at 48.4%. 35.6% are deprived in one dimension, and 12.9% deprived in two dimensions.