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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8 Stoates Mill, Watchet is £204,260 and the estimated rental value is £777 per month.
The apartment is within 8, Roadwater, Watchet, TA23.
Roadwater, Watchet, TA23 is located within the TA23 postal district.
8 Stoates Mill, Watchet has 2 entries in the Land Registry , most recently in May 2021 and a single entry in the EPC database dated November 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Stoates Mill, Watchet is in very good condition we estimate a sale value of £214,473 and a rental value of £815 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £189,962 and a rental value of £722 per month.
Over the past 12 months, the estimated sale value of 8 Stoates Mill, Watchet has fallen by £2,273 (1.1%), while its estimated rental value has moved up by £27 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 4.6%.
8 Stoates Mill, Watchet has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Nov 2018.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8 Stoates Mill, Watchet was last sold on 21st May 2021 for £178,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2021, the market for similar properties has risen by 17.2%.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 8 Stoates Mill, Watchet within a radius of 960 metres over the last 2 years.
The most recent example is 33, Schwarz Avenue, Watchet, TA23 0FN, a leasehold flat which sold for £56,369 on the 9th July 2024.
Read more about house prices in TA23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Roadwater, Watchet, TA23 has a total of 266 addresses. According to our analysis of all the public data, 8 Stoates Mill, Watchet is the 214th largest and the 214th most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in TA23.
The closest station to 8 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 8 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 8 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 8 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 8 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 8 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.
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