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House Prices in TA23

The average house price in TA23 (Watchet) is £240,125 using HM Land Registry data.

The average property price increased by £35,248 (17.03%) over the last 5 years and increased by £7,047 (3%) over the last 12 months.

Over the last year, there were 67 residential property sales – a decrease of 49 transactions (-73.13%) relative to the previous year. The majority of house sales (23) were in the £160,000 - £230,000 range. Then came properties in the £230,000 - £300,000 range, where 17 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 £-14,268 (-4%).

In Jun 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) - Jun 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
18a, St Decumans Road, Watchet, TA23 0AT	£270,000	£260,000	-£10,000	02 Dec 2025	19 Apr 2026	138 Days
10 Holm View, Watchet, TA23 0AF	£185,000	£180,000	-£5,000	02 Dec 2025	17 Apr 2026	136 Days
17 Verdun Terrace, Washford, Watchet, TA23 0PF	£237,500	£230,500	-£7,000	02 Dec 2025	14 Apr 2026	133 Days
10 Admirals Close, Watchet, TA23 0QD	£290,000	£290,000	£0	25 Jan 2026	13 Apr 2026	78 Days
The Old Stables, Station Road, Washford, Watchet, TA23 0PN	£350,000	£350,000	£0	13 Jun 2025	26 Mar 2026	286 Days
17 Beach Cottage, Market Street, Watchet, TA23 0AW	£250,000	£214,000	-£36,000	02 Dec 2025	20 Mar 2026	108 Days
2a, Cassino Road, Watchet, TA23 0TX	£230,000	£227,500	-£2,500	02 Dec 2025	18 Mar 2026	106 Days
26 Meadowcroft, Five Bells, Watchet, TA23 0HY	£625,000	£580,000	-£45,000	26 Mar 2025	16 Mar 2026	355 Days
Marina Chalet, Brendon Road, Watchet, TA23 0AU	£325,000	£290,000	-£35,000	28 Jul 2025	06 Mar 2026	221 Days
12 Castle Mead, Washford, Watchet, TA23 0PZ	£279,950	£272,500	-£7,450	26 May 2025	27 Feb 2026	277 Days
2 Fair Cross, Nettlecombe, Watchet, TA23 0LX	£400,000	£382,500	-£17,500	23 Jul 2025	19 Feb 2026	211 Days
4 Risdon Road, Watchet, TA23 0HJ	£220,000	£205,000	-£15,000	02 Dec 2025	06 Feb 2026	66 Days
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
17 Mariners Way, Watchet, TA23 0EZ	£185,000	£185,000	£0	01 Aug 2025	21 Jan 2026	173 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

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	£499,570	6
TA23 0FG	Stoates Mill	Watchet	£476,428	7
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 0AD	Peel Court	Watchet	£142,060	5
TA23 0FD	Lorna Doone	Watchet	£153,000	8
TA23 0EW	Culvercliffe Road	Watchet	£153,316	3
TA23 0UE	Kingsland	Watchet	£174,875	4
TA23 0JQ	Churchill Way	Watchet	£184,000	5
TA23 0BX	St Decumans Apartments, St Decumans Road	Watchet	£185,000	3
TA23 0HP	Causeway Terrace	Watchet	£189,785	7
TA23 0PD	Mckinley Terrace, Washford	Watchet	£191,666	3
TA23 0DB	Almyr Terrace	Watchet	£194,000	3
TA23 0BG	West Street	Watchet	£198,600	5