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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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7, Penny Lea, Watchet appears in the public record as a freehold house sitting on a 432 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 955 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 7, Penny Lea, Watchet is £274,020 and its rental estimate is £1,415 per month, given the available information and assuming reasonable condition.
Penny Lea, Watchet, TA23 falls within the TA23 postal district.
7, Penny Lea, Watchet has 21 entries in the Land Registry , most recently in August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 7, Penny Lea, Watchet, we estimate a market value of £287,721 and a rental value of £1,485 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £254,839 and £1,316 per month respectively.
Over the last year, 7, Penny Lea, Watchet has seen its estimated sale value fall by £1,990 (0.7%) and its estimated rental value move up by £55 per month (3.9%). This results in an estimated gross rental yield of 6.2%.
HM Land Registry records the plot of land for 7, Penny Lea, Watchet as measuring 432 m2.
That makes it the 4th largest plot in the postcode, where 8 of the 9 other houses have recorded plot data.
The most recent sale of 7, Penny Lea, Watchet completed on 13th August 2007 at £185,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 50.2% over the period since August 2007.
Over the past 2 years 3 properties similar to 7, Penny Lea, Watchet have sold within a radius of 960 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th July 2025, was 35, Woodland Road, Watchet, TA23 0HQ, a freehold house which sold for £247,000.
Read more about house prices in TA23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 9 addresses on Penny Lea, Watchet, TA23, 7, Penny Lea, Watchet comes out as the 6th largest and the 7th most expensive in our analysis of the public data.
It is also £10k more expensive than the average property across the TA23 district.
From 7, Penny Lea, Watchet, the nearest station is Taunton, 23.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 7, Penny Lea, Watchet, 53.2% of property is privately owned outright and 27.7% is privately owned with a mortgage.
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 7, Penny Lea, Watchet, 11.7% of residents are recorded as possessing school level qualifications and 22.2% 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 7, Penny Lea, 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 7, Penny Lea, Watchet, 0.9% 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 7, Penny Lea, Watchet, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
