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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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According to the public record, Flat 1, 5, South Road, Watchet is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 886 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 5, South Road, Watchet is £140,527 and the estimated rental value is £781 per month.
The apartment is within 5, South Road, Watchet, TA23.
South Road, Watchet, TA23 is located within the TA23 postal district.
Flat 1, 5, South Road, Watchet has 41 entries in the Land Registry , most recently in November 2013 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 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 Flat 1, 5, South Road, Watchet is in very good condition we estimate a sale value of £147,553 and a rental value of £820 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £130,690 and a rental value of £726 per month.
Over the last 12 months the sale value of Flat 1 5 South Road Watchet has decreased by an estimated £1,564 (1.1%) and its rental value has increased by an estimated £27 per month (3.5%), giving an expected gross yield of 6.7%.
According to HM Land Registry, Flat 1, 5, South Road, Watchet was last sold on 29th November 2013 for £101,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since November 2013, the market for similar properties has risen 75.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 5, South Road, Watchet within a radius of 750 metres over the last 2 years.
The most recent example is 32, Swain Street, Watchet, TA23 0AD, a leasehold flat which sold for £151,800 on the 16th May 2023.
Read more about house prices in TA23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Road, Watchet, TA23 has a total of 108 addresses. According to our analysis of all the public data, Flat 1, 5, South Road, Watchet is the 26th largest and the 88th most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in TA23.
The closest station to Flat 1, 5, South Road, Watchet is Rhoose Cardiff International Airport station which is 23.1 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 5, South Road, Watchet, 37.9% of property is privately owned outright and 26.6% 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 Flat 1, 5, South Road, Watchet, 13.7% of residents are recorded as possessing school level qualifications and 30.2% 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 Flat 1, 5, South Road, 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 Flat 1, 5, South Road, 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 Flat 1, 5, South Road, Watchet, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.
