TA23 0TW is a residential postcode situated on Watery Lane, Watchet, TA23 with 4 addresses.
It ranks as the 70th largest and 135th most expensive of the 247 postcodes in the TA23 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 houses.
TA23 0TW is a residential postcode situated on Watery Lane, Watchet, TA23 with 4 addresses.
It ranks as the 70th largest and 135th most expensive of the 247 postcodes in the TA23 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 houses.
Sale prices range from £249,612 for 3 bedroom freehold houses with a garden (895 ft2) to £284,670 for 3 bedroom freehold houses with a garden (895 ft2) .
Monthly rental prices range from £1,363 pcm for 3 bed houses to £1,403 pcm for 3 bed houses.
The gross rental yield is between 5.9% and 6.6%.
The average value per square foot is £318.
The last sale in TA23 0TW sold for £203,000 on 21st August 2015. Since then prices are up an average of 39.7%.
The current average value in the postcode is £274,764.
The TA23 0TW Sales Market has increased by 45.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.4% | £274,764 |
| April 2025 | -2.4% | £278,662 |
| April 2024 | -5.1% | £285,457 |
| April 2023 | 6.6% | £300,926 |
| April 2022 | 12.4% | £282,338 |
| April 2021 | 8% | £251,220 |
| April 2020 | -0.4% | £232,605 |
| April 2019 | 5.2% | £233,627 |
| April 2018 | 10.6% | £222,011 |
| April 2017 | 6.1% | £200,767 |
| April 2016 | -4.5% | £189,172 |
| April 2015 | 9.7% | £198,135 |
| April 2014 | 0.5% | £180,638 |
| April 2013 | 0.6% | £179,676 |
| April 2012 | 4.4% | £178,600 |
| April 2011 | -3.2% | £170,991 |
| April 2010 | -1.4% | £176,624 |
| April 2009 | -7.1% | £179,048 |
| April 2008 | 0.5% | £192,739 |
| April 2007 | 0% | £191,739 |
The current average rental value in the postcode is £1,391.
The TA23 0TW Rental Market has increased by 72.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5% | £1,391pcm |
| April 2025 | 5% | £1,325pcm |
| April 2024 | 7.3% | £1,262pcm |
| April 2023 | 7.7% | £1,176pcm |
| April 2022 | 15.7% | £1,092pcm |
| April 2021 | 6.9% | £944pcm |
| April 2020 | 2.2% | £883pcm |
| April 2019 | 0.8% | £865pcm |
| April 2018 | 2.2% | £858pcm |
| April 2017 | 3.9% | £839pcm |
| April 2016 | 1.5% | £808pcm |
| April 2015 | 1.7% | £796pcm |
| April 2014 | 1.5% | £783pcm |
| April 2013 | 1.3% | £771pcm |
| April 2012 | 3% | £761pcm |
| April 2011 | -1.1% | £739pcm |
| April 2010 | 2.1% | £747pcm |
| April 2009 | -7.8% | £732pcm |
| April 2008 | 3.2% | £793pcm |
| April 2007 | 0% | £769pcm |
The last sale was on 21st August 2015 for £203,000 and since then the market in the area has increased by 39.7%. The postcode has had a total of 5 sales since 1995.
TA23 0TW has seen no sales in the last three years and no sales in the last twelve months.
TA23 0TW is the 70th largest and the 135th most expensive postcode out of the 247 postcodes in the TA23 area.
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The closest station to TA23 0TW is Taunton station which is 22.1 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around TA23 0TW, 66.7% of property is privately owned outright and 17.3% is privately owned with a mortgage.
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 TA23 0TW, 3.9% of residents are recorded as possessing school level qualifications and 22.1% 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 TA23 0TW, 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 TA23 0TW, 1.2% 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 TA23 0TW, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.