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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 12 Stoates Mill, Watchet is a modern freehold house with 1,194 ft2 of internal area and sits on a 509 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 12 Stoates Mill, Watchet is £402,896 and the estimated rental value is £1,570 per month.
Watchet, TA23 is located within the TA23 postal district.
12 Stoates Mill, Watchet has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated March 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 12 Stoates Mill, Watchet is in very good condition we estimate a sale value of £423,041 and a rental value of £1,648 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,694 and a rental value of £1,460 per month.
Over the last 12 months the sale value of 12 Stoates Mill Watchet has decreased by an estimated £5,986 (1.5%) and its rental value has increased by an estimated £77 per month (4.9%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 12 Stoates Mill, Watchet sits on a plot of 509m2.
We have plot size data on 19 out of 19 other houses in the postcode and 12 Stoates Mill, Watchet sits on the 4th largest plot.
12 Stoates Mill, Watchet has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Mar 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
According to HM Land Registry, 12 Stoates Mill, Watchet was last sold on 1st December 2021 for £495,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2021, the market for similar properties has risen 17.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12 Stoates Mill, Watchet within a radius of 950 metres over the last 2 years.
The most recent example is 1 Thornesmill Court, Anchor Street, Watchet, TA23 0BA, a freehold house which sold for £425,000 on the 16th December 2022.
Read more about house prices in TA23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Watchet, TA23 has a total of 89 addresses. According to our analysis of all the public data, 12 Stoates Mill, Watchet is the 32nd largest and the 25th most expensive property on the street.
When compared to the postcode district it is £139k more expensive than the average property in TA23.
The closest station to 12 Stoates Mill, Watchet is Rhoose Cardiff International Airport station which is 23.0 kilometres away.
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 12 Stoates Mill, Watchet, 35.1% of property is privately owned outright and 26.0% is privately rented.
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 12 Stoates Mill, Watchet, 18.2% of residents are recorded as possessing school level qualifications and 26.7% 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 12 Stoates Mill, Watchet, 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 12 Stoates Mill, Watchet, 0.0% 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 12 Stoates Mill, Watchet, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.
