Several factors influence real estate prices in Devon, significantly shaped by its unique characteristics. First, the region’s stunning coastal scenery, which attracts both residents and tourists alike, raises demand for properties, particularly in towns like Torquay and Exmouth. Proximity to amenities, such as schools and healthcare facilities, also plays a crucial role; areas like Exeter, with its well-established infrastructure, tend to have higher property prices. Economic factors, including the local job market and average income levels, also impact affordability and demand; places with higher employment opportunities often see an uptick in property values. Furthermore, the influence of transportation links, such as the A38 dual carriageway and rail services to London, makes regions more desirable, thereby driving prices up; for instance, properties in Newton Abbot benefit from better connectivity. Seasonal fluctuations, driven by holiday home purchases and tourism, also lead to price volatility, particularly in coastal regions during peak summer months.