Reed Close - TA23 0EF
Key Postcode Insights
TA23 0EF is a residential postcode situated on Reed Close, Watchet, TA23 with 20 addresses.
It ranks as the 923rd largest and 166th most expensive of the 1,161 postcodes in the TA23 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 20 properties: 20 houses.
- Ave. Sale Price
- £200,032
- 10 Year change
- up 36.5%
- Ave. Rental Price
- £1,274pcm
- 10 Year change
- up 70.0%
- Ave. £ per ft²
- £196/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Key Postcode Insights
TA23 0EF is a residential postcode situated on Reed Close, Watchet, TA23 with 20 addresses.
It ranks as the 923rd largest and 166th most expensive of the 1,161 postcodes in the TA23 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 20 properties: 20 houses.
- Ave. Sale Price
- £200,032
- 10 Year change
- up 36.5%
- Ave. Rental Price
- £1,274pcm
- 10 Year change
- up 70.0%
- Ave. £ per ft²
- £196/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Explore Propertiesin TA23 0EF
- 2 Reed Close
3 Bed Mid-century House
- 4 Reed Close
3 Bed House
- 6 Reed Close
3 Bed Mid-century House
- 8 Reed Close
Unknown
- 10 Reed Close
Unknown
Sales Market Trends
The last sale in TA23 0EF sold for £185,000 on 21st February 2025. Since then prices are down an average of 0.4%.
The current average value in the postcode is £200,032.
The TA23 0EF Sales Market has increased by 36.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £200,032 |
| June 2025 | -1.1% | £201,114 |
| June 2024 | -2.1% | £203,315 |
| June 2023 | 1.6% | £207,743 |
| June 2022 | 11.1% | £204,500 |
| June 2021 | 8.4% | £184,012 |
| June 2020 | 1.3% | £169,731 |
| June 2019 | 5% | £167,594 |
| June 2018 | 6.4% | £159,538 |
| June 2017 | 2.4% | £150,004 |
| June 2016 | 4% | £146,531 |
| June 2015 | 3.8% | £140,867 |
| June 2014 | 1.6% | £135,695 |
| June 2013 | 1.1% | £133,616 |
| June 2012 | 1.8% | £132,225 |
| June 2011 | -4.5% | £129,944 |
| June 2010 | 4.3% | £136,019 |
| June 2009 | -9.3% | £130,391 |
| June 2008 | -1.4% | £143,693 |
| June 2007 | 0% | £145,673 |
Rental Market Trends
The current average rental value in the postcode is £1,274.
The TA23 0EF Rental Market has increased by 70.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,274pcm |
| June 2025 | 4.8% | £1,233pcm |
| June 2024 | 7% | £1,177pcm |
| June 2023 | 6.1% | £1,100pcm |
| June 2022 | 15.6% | £1,037pcm |
| June 2021 | 9.2% | £897pcm |
| June 2020 | 1.1% | £821pcm |
| June 2019 | 2.6% | £812pcm |
| June 2018 | 1.6% | £792pcm |
| June 2017 | 3.9% | £779pcm |
| June 2016 | 2.1% | £749pcm |
| June 2015 | 1.3% | £734pcm |
| June 2014 | 1.7% | £725pcm |
| June 2013 | 0.2% | £713pcm |
| June 2012 | 2.9% | £711pcm |
| June 2011 | -1.7% | £692pcm |
| June 2010 | 3.1% | £703pcm |
| June 2009 | -7.9% | £682pcm |
| June 2008 | 2.3% | £741pcm |
| June 2007 | 0% | £724pcm |
Sales History
The last sale was on 21st February 2025 for £185,000 and since then the market in the area has decreased by 0.4%. The postcode has had a total of 19 sales since 1995.
TA23 0EF has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2025£185,000 | 3 Bed House26, Reed Close, Watchet, TA23 0EF26, Reed Close, Watchet, TA23 0EF
- Sold Sep 2021£219,000 | 3 Bed House40, Reed Close, Watchet, TA23 0EF40, Reed Close, Watchet, TA23 0EF
- Sold Apr 2019£175,000 | 3 Bed House16, Reed Close, Watchet, TA23 0EF16, Reed Close, Watchet, TA23 0EF
- Sold Aug 2015£128,000 | 3 Bed House40, Reed Close, Watchet, TA23 0EF40, Reed Close, Watchet, TA23 0EF
- Sold Apr 2015£157,000 | 3 Bed House14, Reed Close, Watchet, TA23 0EF14, Reed Close, Watchet, TA23 0EF
Nearby Postcodes
TA23 0EF is the 923rd largest and the 166th most expensive postcode out of the 1,161 postcodes in the TA23 area.
- TA23 0EE, Reed Close, Watchet, TA23TA23 0EE22 Addresses|36 m away
- TA23 0ED, Maglands Road, Watchet, TA23TA23 0ED33 Addresses|53 m away
- TA23 0DU, Liddymore Road, Watchet, TA23TA23 0DU12 Addresses|79 m away
- TA23 0EB, Maglands Road, Watchet, TA23TA23 0EB35 Addresses|108 m away
- TA23 0DT, Liddymore Road, Watchet, TA23TA23 0DT23 Addresses|122 m away
Property Types
- 11 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 8 other addresses of unknown type
- mid-century house (11)
- house (1)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (7)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Apr 2024£232,000 | 3 Bed House5, Reed Close, Watchet, TA23 0EE5, Reed Close, Watchet, TA23 0EE
- Sold Sep 2021£219,000 | 3 Bed House40, Reed Close, Watchet, TA23 0EF40, Reed Close, Watchet, TA23 0EF
- Sold Feb 2025£185,000 | 3 Bed House26, Reed Close, Watchet, TA23 0EF26, Reed Close, Watchet, TA23 0EF
Schools Nearby
- Knights Templar Community Church School & Nursery100 m away
- St Peter's Church of England First School1.1 km away
- Old Cleeve Church of England First School3.2 km away
- West Somerset College9.9 km away
- Kingsmead Academy15.3 km away
- Brymore Academy17.3 km away
More reading links
Public Transport Nearby
The closest station to TA23 0EF is Taunton station, which is 23.0 kilometres away.
- Taunton|23.0 km away
- Rhoose Cardiff International Airport|23.4 km away
- Bridgwater|23.9 km away
- Barry Island|24.2 km away