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According to the public record, 18 Stoates Mill, Watchet is a modern freehold house with 1,571 ft2 of internal area and sits on a 407 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 18 Stoates Mill, Watchet is £471,177 and the estimated rental value is £1,650 per month.
Watchet, TA23 is located within the TA23 postal district.
18 Stoates Mill, Watchet has a single entry in the Land Registry from April 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 18 Stoates Mill, Watchet is in very good condition we estimate a sale value of £494,736 and a rental value of £1,733 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £438,194 and a rental value of £1,535 per month.
Over the last 12 months the sale value of 18 Stoates Mill Watchet has decreased by an estimated £10,849 (2.3%) and its rental value has increased by an estimated £68 per month (4.1%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 18 Stoates Mill, Watchet sits on a plot of 407m2.
We have plot size data on 19 out of 19 other houses in the postcode and 18 Stoates Mill, Watchet sits on the 9th largest plot.
18 Stoates Mill, Watchet has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 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, 18 Stoates Mill, Watchet was last sold on 16th April 2021 for £455,180 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2021, the market for similar properties has risen 23.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18 Stoates Mill, Watchet within a radius of 940 metres over the last 2 years.
The most recent example is 16 Stoates Mill, Watchet, TA23 0FG, a freehold house which sold for £480,000 on the 22nd January 2024.
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, 18 Stoates Mill, Watchet is the 22nd largest and the 19th most expensive property on the street.
When compared to the postcode district it is £208k more expensive than the average property in TA23.
The closest station to 18 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 18 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 18 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 18 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 18 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 18 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.