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Reed Close is a residential street with 42 addresses.
It ranks as the 90th largest and 24th most expensive of the 111 streets in the TA23 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 42 properties: 42 houses.
Reed Close is a residential street with 42 addresses.
It ranks as the 90th largest and 24th most expensive of the 111 streets in the TA23 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 42 properties: 42 houses.
Sale prices range from £163,141 for 2 bedroom freehold houses with a garden (602 ft2) to £285,806 for 4 bedroom freehold houses with a garden (1,722 ft2) .
Monthly rental prices range from £1,055 pcm for 2 bed houses to £1,383 pcm for 4 bed houses.
The gross rental yield is between 5.8% and 7.8%.
The average value per square foot is £203.
The last sale on Reed Close sold for £185,000 on 21st February 2025. Since then prices are down an average of 2.7%.
The current average value in the street is £201,295.
The Reed Close Sales Market has increased by 43.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.5% | £201,295 |
| May 2025 | -3.8% | £202,388 |
| May 2024 | -5.1% | £210,478 |
| May 2023 | 5.2% | £221,843 |
| May 2022 | 13.7% | £210,909 |
| May 2021 | 8.2% | £185,568 |
| May 2020 | -0.4% | £171,508 |
| May 2019 | 3.3% | £172,126 |
| May 2018 | 11.7% | £166,587 |
| May 2017 | 6.3% | £149,122 |
| May 2016 | -4% | £140,303 |
| May 2015 | 8.9% | £146,130 |
| May 2014 | 3.9% | £134,146 |
| May 2013 | -2% | £129,103 |
| May 2012 | 5.2% | £131,698 |
| May 2011 | -5.3% | £125,187 |
| May 2010 | 2.8% | £132,242 |
| May 2009 | -10.5% | £128,614 |
| May 2008 | 0% | £143,635 |
| May 2007 | 0% | £143,672 |
The current average rental value in the street is £1,237.
The Reed Close Rental Market has increased by 69.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.1% | £1,237pcm |
| May 2025 | 4.5% | £1,188pcm |
| May 2024 | 6.5% | £1,137pcm |
| May 2023 | 7.8% | £1,068pcm |
| May 2022 | 14.4% | £991pcm |
| May 2021 | 8.7% | £866pcm |
| May 2020 | 0.8% | £797pcm |
| May 2019 | 1.9% | £790pcm |
| May 2018 | 1.8% | £776pcm |
| May 2017 | 4.2% | £762pcm |
| May 2016 | 2% | £731pcm |
| May 2015 | 0.6% | £717pcm |
| May 2014 | 1.7% | £713pcm |
| May 2013 | 0.4% | £701pcm |
| May 2012 | 3% | £697pcm |
| May 2011 | -0.8% | £677pcm |
| May 2010 | 3.4% | £683pcm |
| May 2009 | -8.1% | £660pcm |
| May 2008 | 3.7% | £719pcm |
| May 2007 | 0% | £693pcm |
The last sale was on 21st February 2025 for £185,000 and since then the market in the area has decreased by 2.7%. The street has had a total of 28 sales since 1995.
Reed Close, Watchet, TA23 has seen 2 sales in the last three years and no sales in the last twelve months.
Reed Close, Watchet, TA23 is the 90th largest and the 24th most expensive street in the TA23 area.
There are 2 postcodes on Reed Close, Watchet, TA23.
The closest station to Reed Close, Watchet, TA23 is Taunton station which is 23.0 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 Reed Close, Watchet, TA23, 68.4% of property is privately owned outright and 20.5% 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 Reed Close, Watchet, TA23, 10.4% of residents are recorded as possessing school level qualifications and 28.5% 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 Reed Close, Watchet, TA23, 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 Reed Close, Watchet, TA23, 1.6% 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 Reed Close, Watchet, TA23, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.