Yealmpton Parish Profile

Median average property prices of £424,000 in 2023, decreasing by 13.2% from £480,000 in 2022.
- It should be noted that house prices have fluctuated in recent years within the parish.
5.8% of homes are 1 bedroom properties, 20.3% are 2 bedrooms, 35.4% are 3 bedrooms, 38.5% are 4 or more (which is higher than the 21.1% average for England and Wales).
Occupancy ratings for bedrooms:
- 52.8% have 2 or more spare bedrooms,
- 30.4% have 1 spare bedroom,
- 15.4% have the correct number of bedrooms for their household need,
- 1.2% are lacking 1 bedroom, and
- 0.2% are lacking 2 or more bedrooms.

Average 2 bed rental prices of £1,000 per calendar month between 2020 and 2022 (median).
The maximum Local Housing Allowance is £583.40 per month for a 2 bed property.
In the PL8 postcode area, there has been a 87.4% decrease in demand for rental properties, whilst there has been a 50% decrease in available listings in the period between Jan 2023 and Jan 2024.
During the same period, there has been a 43.7% increase in the asking price on Rental Properties in the PL8 postcode area.

Current stock (approximate):
Live West - 98 rented accommodation, 1 shared ownership unit.
Sovereign - 51 affordable or social rented units and 12 shared ownership units.
Between Jan 2019 and March 2024, there are have been 27 properties available through Devon Home Choice. This included 18 x 1 beds, 2 x 2 bed and 7 x 3 bed properties. Of this, 19 were Bungalows and 8 were Houses.

36 applicants registered with a local connection through residence
There were 2 further applicants registered with a local connection through immediate family connection.
The average income of households registered with Devon Home Choice with a local connection to Yealmpton is £18,768 annually (median).

Yealmpton Primary School provides for children aged 4 years until 11 years.
The number of children enrolled at the school has increased in recent years and has remained below the school’s capacity of 210 pupils.
The percentage of children eligible for Free School Meals has also increased within the same. This is an indicator of income and affordability of essential provisions

19.9% travel less than 10km to their work place. 33.7% work mainly from home.
51% of the parish population are economically active and in employment, 1.2% are unemployed. 47.9% are economically inactive compared to the average for Devon at 43.6%.
45% of households owns their home outright, compared to the 42.2% average for Devon and the 45% average for the South Hams. 27.5% own with mortgage or shared ownership, 14.3% social rent their properties, 13.2% private rent or live rent free.
26.2% of households in the parish are single person households. 40.5% are two people households, which is above the average for England. 14.5% are three person households, and 18.9% are four or more person households.
89.1% provide no unpaid care, which is below the average for England. 3.1% provide 50 or more hours of unpaid care a week. 2.2% provide 20 to 49 hours a week, and 5.7% provide 19 hours or less a week which is above the average for England.
56.3% of households are not deprived in any dimension, compared to the average for England, at 48.4%. 29.8% are deprived in one dimension, and 11.6% deprived in two dimensions

Housing Needs Survey Results