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According to the public record, 8 Mill Street Bakery, Mill Street, Watchet is a modern freehold house with 990 ft2 of internal area and sits on a 167 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 8 Mill Street Bakery, Mill Street, Watchet is £264,419 and the estimated rental value is £1,389 per month.
Mill Street, Watchet, TA23 is located within the TA23 postal district.
8 Mill Street Bakery, Mill Street, Watchet has 2 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated March 2024.
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 8 Mill Street Bakery, Mill Street, Watchet is in very good condition we estimate a sale value of £277,639 and a rental value of £1,459 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,909 and a rental value of £1,292 per month.
Over the last 12 months the sale value of 8 Mill Street Bakery Mill Street Watchet has decreased by an estimated £3,929 (1.5%) and its rental value has increased by an estimated £68 per month (4.9%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 8 Mill Street Bakery, Mill Street, Watchet sits on a plot of 167m2.
We have plot size data on 6 out of 6 other houses in the postcode and 8 Mill Street Bakery, Mill Street, Watchet sits on the largest plot.
8 Mill Street Bakery, Mill Street, Watchet has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8 Mill Street Bakery, Mill Street, Watchet was last sold on 15th November 2024 for £287,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2024, the market for similar properties has risen 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8 Mill Street Bakery, Mill Street, Watchet within a radius of 990 metres over the last 2 years.
The most recent example is 1 Whitehall Terrace, Whitehall, Watchet, TA23 0BD, a freehold house which sold for £264,000 on the 2nd February 2024.
Read more about house prices in TA23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Street, Watchet, TA23 has a total of 22 addresses. According to our analysis of all the public data, 8 Mill Street Bakery, Mill Street, Watchet is the 10th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £775 more expensive than the average property in TA23.
The closest station to 8 Mill Street Bakery, Mill Street, Watchet is Rhoose Cardiff International Airport station which is 22.9 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 8 Mill Street Bakery, Mill Street, Watchet, 51.7% of property is privately rented and 31.8% 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 8 Mill Street Bakery, Mill Street, Watchet, 6.1% of residents are recorded as possessing school level qualifications and 28.4% 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 8 Mill Street Bakery, Mill Street, 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 8 Mill Street Bakery, Mill Street, Watchet, 0.8% 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 8 Mill Street Bakery, Mill Street, Watchet, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.