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15 Stoates Mill, Watchet is recorded publicly as a modern freehold house across 1,646 ft2 of internal area, sitting on a 377 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 15 Stoates Mill, Watchet is £480,842 and its rental estimate is £1,633 per month, given the available information and assuming reasonable condition.
Roadwater, Watchet, TA23 falls within the TA23 postal district.
15 Stoates Mill, Watchet has a single entry in the Land Registry from August 2021 and a single entry in the EPC database dated February 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.
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 15 Stoates Mill, Watchet, we estimate a market value of £504,884 and a rental value of £1,714 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £447,183 and £1,518 per month respectively.
Over the last year, 15 Stoates Mill, Watchet has seen its estimated sale value decline by £7,342 (1.5%) and its estimated rental value climb by £50 per month (3.1%). This results in an estimated gross rental yield of 4.1%.
HM Land Registry records the plot of land for 15 Stoates Mill, Watchet as measuring 377 m2.
That makes it the 11th largest plot in the postcode, where all 19 other houses have recorded plot data.
15 Stoates Mill, Watchet has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Feb 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
The most recent sale of 15 Stoates Mill, Watchet completed on 10th August 2021 at £475,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 21.9% over the period since August 2021.
Over the past 2 years 3 properties similar to 15 Stoates Mill, Watchet have sold within a radius of 960 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd January 2024, was 16 Stoates Mill, Watchet, TA23 0FG, a freehold house which sold for £480,000.
Read more about house prices in TA23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 266 addresses on Roadwater, Watchet, TA23, 15 Stoates Mill, Watchet comes out as the 76th largest and the 39th most expensive in our analysis of the public data.
It is also £217k more expensive than the average property across the TA23 district.
From 15 Stoates Mill, Watchet, the nearest station is Rhoose Cardiff International Airport, 23.0 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 15 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 15 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 15 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 15 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 15 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.