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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
According to the public record, 2, Reed Close, Watchet is a mid-century freehold house with 979 ft2 of internal area and sits on a 237 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 2, Reed Close, Watchet is £188,159 and the estimated rental value is £1,219 per month.
Reed Close, Watchet, TA23 is located within the TA23 postal district.
2, Reed Close, Watchet has a single entry in the Land Registry from November 2013 and a single entry in the EPC database dated July 2013.
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 2, Reed Close, Watchet is in very good condition we estimate a sale value of £197,567 and a rental value of £1,280 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,988 and a rental value of £1,134 per month.
Over the last 12 months the sale value of 2 Reed Close Watchet has decreased by an estimated £2,796 (1.5%) and its rental value has increased by an estimated £60 per month (4.9%), giving an expected gross yield of 7.8%.
According to data from HM Land Registry, 2, Reed Close, Watchet sits on a plot of 237m2.
We have plot size data on 17 out of 20 other houses in the postcode and 2, Reed Close, Watchet sits on the 9th largest plot.
2, Reed Close, Watchet has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jul 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Reed Close, Watchet was last sold on 1st November 2013 for £136,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2013, the market for similar properties has risen 79.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Reed Close, Watchet within a radius of 980 metres over the last 2 years.
The most recent example is 26, Reed Close, Watchet, TA23 0EF, a freehold house which sold for £185,000 on the 21st February 2025.
Read more about house prices in TA23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reed Close, Watchet, TA23 has a total of 42 addresses. According to our analysis of all the public data, 2, Reed Close, Watchet is the 20th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in TA23.
The closest station to 2, Reed Close, Watchet is Taunton station which is 23.0 kilometres away.
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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Reed Close, Watchet, 61.0% of property is socially rented and 21.2% is privately owned outright.
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 2, Reed Close, Watchet, 13.1% of residents are recorded as possessing school level qualifications and 18.5% 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 2, Reed Close, 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 2, Reed Close, 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 2, Reed Close, Watchet, there are an average of 0.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.
