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House Prices in TA23

The average house price in TA23 (Watchet) is £365,833 using HM Land Registry data.

The average property price increased by £46,707 (17.03%) over the last 5 years and increased by £9,337 (3%) over the last 12 months.

Over the last year, there were 59 residential property sales – a decrease of 64 transactions (-108.47%) relative to the previous year. The majority of house sales (22) were in the £160,000 - £230,000 range. Then came properties in the £230,000 - £300,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,638 (-4%).

In Apr 2026, there were 0 new estate agency instructions, 0 agreed home sales and 0 property price reductions.

5-Year Average Property Prices in TA23 (Watchet)

17.03%

Property prices in TA23 (Watchet) increased by 17.03% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in TA23 (Watchet) Over the Last Year

Property prices in TA23 (Watchet) increased by 3% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for TA23 (Watchet) - Apr 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in TA23 (Watchet)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in TA23 (Watchet)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in TA23 (Watchet)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the TA23 (Watchet) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TA23 postcode area since 1995.

Recent Sales in TA23 (Watchet)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Magnolia House, Abbey Road, Old Cleeve, Watchet, TA23 0PR	£630,000	£605,000	-£25,000	11 Aug 2025	04 Feb 2026	177 Days
5 Wouldham Road, Watchet, TA23 0EQ	£200,000	£195,000	-£5,000	11 Oct 2025	27 Jan 2026	108 Days
9 Greenway, Watchet, TA23 0BP	£225,000	£200,000	-£25,000	02 Dec 2025	23 Jan 2026	52 Days
18 Churchill Way, Watchet, TA23 0JQ	£157,500	£157,500	£0	25 Jul 2025	22 Jan 2026	181 Days
3 St Decumans Road, Watchet, TA23 0HR	£275,000	£255,000	-£20,000	02 Dec 2025	16 Jan 2026	45 Days
38 South Road, Watchet, TA23 0HG	£199,950	£197,500	-£2,450	23 Apr 2025	08 Dec 2025	229 Days
23 Castle Mead, Washford, Watchet, TA23 0PZ	£235,000	£222,500	-£12,500	03 Jan 2025	27 Nov 2025	328 Days
1 Rangoon Road, Watchet, TA23 0TS	£230,000	£215,000	-£15,000	26 Aug 2025	21 Nov 2025	87 Days
8 The Crescent, Roadwater Road, Roadwater, Watchet, TA23 0RF	£360,000	£350,000	-£10,000	18 Jul 2025	13 Nov 2025	118 Days
27 Market Street, Watchet, TA23 0AN	£150,000	£147,000	-£3,000	08 Apr 2025	17 Oct 2025	192 Days
24 Admirals Close, Watchet, TA23 0QD	£350,000	£350,000	£0	20 May 2025	26 Sep 2025	129 Days
Sunnybank Cottage, Roadwater Road, Roadwater, Watchet, TA23 0QY	£265,000	£250,000	-£15,000	28 Oct 2024	18 Sep 2025	325 Days
1 Homestead, Station Road, Washford, Watchet, TA23 0PN	£265,000	£258,000	-£7,000	12 Sep 2024	08 Jul 2025	299 Days
24 Holm View, Watchet, TA23 0AF	£215,000	£210,000	-£5,000	07 Mar 2025	30 Jun 2025	115 Days
45 South Road, Watchet, TA23 0HF	£290,000	£270,000	-£20,000	28 Oct 2024	27 Jun 2025	242 Days
1 Kingsland, Watchet, TA23 0UE	£215,000	£212,500	-£2,500	07 Oct 2024	09 Jun 2025	245 Days
4 Normandy Avenue, Watchet, TA23 0TU	£220,000	£215,000	-£5,000	28 Oct 2024	09 Jun 2025	224 Days
8 Almyr Terrace, Watchet, TA23 0DB	£195,000	£180,000	-£15,000	12 Dec 2024	03 Jun 2025	173 Days
5 Causeway Terrace, Watchet, TA23 0HP	£219,950	£218,000	-£1,950	21 Jan 2025	28 May 2025	127 Days
14 Anchor Street, Watchet, TA23 0AZ	£287,500	£275,000	-£12,500	08 Aug 2024	09 May 2025	274 Days

Most Expensive Streets in TA23 (Watchet)

Postcode	Street	Area	Average	No. of Sales
TA23 0NQ	Old Nursery Court, Washford	Watchet	£531,250	4
TA23 0PR	Abbey Road, Old Cleeve	Watchet	£522,333	3
TA23 0HZ	Five Bells	Watchet	£497,678	8
TA23 0FG	Stoates Mill	Watchet	£445,300	10
TA23 0FP	Hatt Close	Watchet	£443,571	7
TA23 0HY	Five Bells, Williton	Watchet	£437,123	4
TA23 0LA	Torre To White Horse Pub, Washford	Watchet	£418,950	6
TA23 0HR	St Decumans Road	Watchet	£400,000	3
TA23 0SH	Luxborough	Watchet	£392,000	3
TA23 0SJ	Luxborough	Watchet	£355,000	3

Least Expensive Streets in TA23 (Watchet)

Postcode	Street	Area	Average	No. of Sales
TA23 0FD	Lorna Doone	Watchet	£127,357	7
TA23 0AD	Peel Court	Watchet	£142,060	5
TA23 0EW	Culvercliffe Road	Watchet	£153,316	3
TA23 0UE	Kingsland	Watchet	£174,875	4
TA23 0JQ	Churchill Way	Watchet	£175,000	6
TA23 0BX	St Decumans Apartments, St Decumans Road	Watchet	£185,000	3
TA23 0HP	Causeway Terrace	Watchet	£189,785	7
TA23 0DB	Almyr Terrace	Watchet	£194,000	3
TA23 0BG	West Street	Watchet	£198,600	5
TA23 0PF	Verdun Terrace, Washford	Watchet	£200,666	3