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5 Mill Street is a residential building situated on Mill Street, Watchet, TA23 with 2 addresses.
It ranks as the 35th largest and 50th most expensive of the 109 buildings in the TA23 area. The dominant property type is a modern house built after 1980.
The building contains a total of 2 properties: 2 flats.
5 Mill Street is a residential building situated on Mill Street, Watchet, TA23 with 2 addresses.
It ranks as the 35th largest and 50th most expensive of the 109 buildings in the TA23 area. The dominant property type is a modern house built after 1980.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £108,492 for 1 bedroom Leasehold flats (344 ft2) to £213,763 for 2 bedroom freehold houses with a garden (678 ft2) .
Monthly rental prices range from £612 pcm for 1 bed flats to £1,186 pcm for 2 bed houses.
The gross rental yield is between 6.7% and 6.8%.
The average value per square foot is £315.
The last sale in 5 Mill Street sold for £210,000 on 1st November 2024. Since then prices are down an average of 2.9%.
The current average value in the building is £161,127.
The 5 Mill Street Sales Market has increased by 38.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.1% | £161,127 |
| May 2025 | -3.7% | £161,366 |
| May 2024 | -4.4% | £167,499 |
| May 2023 | 4.7% | £175,212 |
| May 2022 | 12.2% | £167,316 |
| May 2021 | 7.8% | £149,100 |
| May 2020 | 0.2% | £138,370 |
| May 2019 | 3.1% | £138,149 |
| May 2018 | 10.2% | £133,982 |
| May 2017 | 4.8% | £121,537 |
| May 2016 | -4.2% | £116,015 |
| May 2015 | 9.1% | £121,082 |
| May 2014 | 3.1% | £110,934 |
| May 2013 | -2.4% | £107,564 |
| May 2012 | 4.2% | £110,262 |
| May 2011 | -6.1% | £105,785 |
| May 2010 | -0.2% | £112,626 |
| May 2009 | -10.7% | £112,839 |
| May 2008 | 0.6% | £126,420 |
| May 2007 | 0% | £125,637 |
The current average rental value in the building is £899.
The 5 Mill Street Rental Market has increased by 63.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.5% | £899pcm |
| May 2025 | 4.7% | £860pcm |
| May 2024 | 7.3% | £822pcm |
| May 2023 | 7.3% | £766pcm |
| May 2022 | 13% | £714pcm |
| May 2021 | 8.2% | £632pcm |
| May 2020 | 1.4% | £584pcm |
| May 2019 | 1.7% | £576pcm |
| May 2018 | 0.4% | £567pcm |
| May 2017 | 2.7% | £564pcm |
| May 2016 | 1.8% | £549pcm |
| May 2015 | 0.8% | £539pcm |
| May 2014 | 1% | £535pcm |
| May 2013 | -0.1% | £530pcm |
| May 2012 | 2.1% | £530pcm |
| May 2011 | -1.6% | £520pcm |
| May 2010 | 0.4% | £528pcm |
| May 2009 | -8.4% | £526pcm |
| May 2008 | 4.4% | £574pcm |
| May 2007 | 0% | £550pcm |
The last sale was on 1st November 2024 for £210,000 and since then the market in the area has decreased by 2.9%. The building has had a total of 2 sales since 1995.
5, Mill Street, Watchet, TA23 0AP has seen 1 sale in the last three years and no sales in the last twelve months.
The closest station to 5, Mill Street, Watchet, TA23 0AP is Rhoose Cardiff International Airport station which is 22.9 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Mill Street, Watchet, TA23 0AP, 51.7% of property is privately rented and 31.8% is privately owned outright.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 5, Mill Street, Watchet, TA23 0AP, 6.1% of residents are recorded as possessing school level qualifications and 28.4% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5, Mill Street, Watchet, TA23 0AP, the average age was 48.9 and the most common age was 67.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 5, Mill Street, Watchet, TA23 0AP, 0.8% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 5, Mill Street, Watchet, TA23 0AP, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.