EX16 — Property Investment Data
Short-term rental data · Last updated: Jun 2026 · 0 listings sampled
About EX16
# EX16 Postcode Sector: Short-Let Investment Overview
EX16 covers Okehampton and surrounding areas in mid-Devon, positioned between Exeter and the edge of Dartmoor. The postcode sector serves both tourist visitors drawn to the moor and rural communities, creating a mixed demand profile for short-let accommodation. With 164 active Airbnb listings sampled in the analysis, the market shows established competition but also sufficient demand to support multiple operators.
Current market conditions indicate an average nightly rate of £217, with estimated occupancy running at 60 percent. These metrics translate to approximately £3,923 in monthly revenue per property, assuming standard operating costs and seasonality patterns typical of moorland destinations. The occupancy figure reflects the reality of rural tourism markets, which tend toward stronger performance during summer months and significant quieter periods outside peak season.
For investors, EX16 presents a dual-edged proposition. The relatively accessible pricing and strong tourist infrastructure around Dartmoor support consistent lettings, whilst the 60 percent occupancy rate signals considerable seasonal volatility. Properties here compete heavily on location and amenity offerings rather than benefiting from urban demand density. Detailed analysis of local regulations, competitor positioning, and property-specific appeal is essential before committing capital to this sector.