1 Gillams Close, South Road
1 Gillams Close, South Road
Description & Estimates
1 Gillams Close, South Road, Watchet is recorded publicly as a modern leasehold apartment across 734 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 1 Gillams Close, South Road, Watchet is £72,519 and its rental estimate is £443 per month, given the available information and assuming reasonable condition.
South Road, Watchet, TA23 falls within the TA23 postal district.
Our Data Sources
1 Gillams Close, South Road, Watchet has a single entry in the Land Registry from May 2012 and a single entry in the EPC database dated March 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1 Gillams Close, South Road, Watchet, we estimate a market value of £76,145 and a rental value of £466 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £67,442 and £412 per month respectively.
Recent Market Change
Over the last year, 1 Gillams Close, South Road, Watchet has seen its estimated sale value drop by £807 (1.1%) and its estimated rental value rise by £15 per month (3.5%). This results in an estimated gross rental yield of 7.3%.
Energy Efficiency
1 Gillams Close, South Road, Watchet has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Mar 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of 1 Gillams Close, South Road, Watchet completed on 25th May 2012 at £30,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 52.1% over the period since May 2012.
- Sold May 2012£30,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1 Gillams Close, South Road, Watchet have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th March 2021, was 3 Gillams Close, South Road, Watchet, TA23 0BU, a leasehold flat which sold for £64,500.
Read more about house prices in TA23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 108 addresses on South Road, Watchet, TA23, 1 Gillams Close, South Road, Watchet comes out as the 73rd largest and the 103rd most expensive in our analysis of the public data.
It is also £191k less expensive than the average property across the TA23 district.
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Schools Nearby
- 600mKnights Templar Community Church School & Nursery
- 1.5kmSt Peter's Church of England First School
- 3.1kmOld Cleeve Church of England First School
- 9.5kmWest Somerset College
- 15.7kmKingsmead Academy
- 17.7kmBrymore Academy
More reading links
Public Transport Nearby
From 1 Gillams Close, South Road, Watchet, the nearest station is Rhoose Cardiff International Airport, 23.1 kilometres away.
- 23.1kmRhoose Cardiff International Airport
- 23.5kmTaunton
- 23.9kmBarry Island
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
