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Watchet House Prices

The average house price in Watchet is £350,000 using HM Land Registry data.

The average property price decreased by £8,795 (-3.3%) over the last 5 years and decreased by £1,758 (-0.68%) over the last 12 months.

Over the last year, there were 58 residential property sales – an increase of 10 transactions (17.24%) relative to the previous year. The majority of house sales (20) were in the £180,000 - £222,000 range. Then came properties in the £222,000 - £264,000 range, where 12 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 £-16,940 (-6%).

In Nov 2025, there were new estate agency instructions, agreed home sales and property price reductions.

5-Year Average Property Prices in Watchet

-3.3%

Property prices in Watchet decreased by -3.3% 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 Watchet Over the Last Year

-0.68%

Property prices in Watchet decreased by -0.68% 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 Watchet - Nov 2025

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 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 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 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 Watchet since 1995

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

Recent Property Sales in Watchet

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
24 Admirals Close, Watchet, TA23 0QD	£350,000	£350,000	£0	20 May 2025	26 Sep 2025	129 Days
14 Bay View, Watchet, TA23 0EY	£265,000	£255,000	-£10,000	28 Oct 2024	20 Aug 2025	296 Days
5 Causeway Terrace, Watchet, TA23 0HP	£219,950	£218,000	-£1,950	21 Jan 2025	28 May 2025	127 Days
8b High Ridge, Five Bells, Watchet, TA23 0HZ	£550,000	£505,000	-£45,000	10 Oct 2024	02 May 2025	204 Days
43 The Limpets, West Street, Watchet, TA23 0BQ	£249,950	£240,000	-£9,950	15 Jul 2024	28 Mar 2025	256 Days
6 Wristland Road, Watchet, TA23 0DH	£255,000	£250,000	-£5,000	29 Jan 2025	28 Mar 2025	58 Days

Most Expensive Streets in Watchet

Postcode	Street	Area	Average	No. of Sales
TA23 0HZ	Five Bells	Watchet	£497,678	8
TA23 0FG	Stoates Mill	Watchet	£459,118	13
TA23 0UB	Cherry Tree Way	Watchet	£423,333	3
TA23 0HY	Five Bells	Williton	£389,497	3
TA23 0HF	South Road	Watchet	£343,333	3
TA23 0EY	Bay View	Watchet	£314,000	5
TA23 0AX	Brendon Road	Watchet	£313,571	7
TA23 0QD	Admirals Close	Watchet	£310,000	9
TA23 0TE	Doniford Road	Watchet	£306,666	3
TA23 0AU	Brendon Road	Watchet	£303,200	5

Least Expensive Streets in Watchet

Postcode	Street	Area	Average	No. of Sales
TA23 0AD	Peel Court	Watchet	£142,060	5
TA23 0FD	Lorna Doone	Watchet	£154,904	11
TA23 0JQ	Churchill Way	Watchet	£174,583	6
TA23 0UE	Kingsland	Watchet	£174,875	4
TA23 0BX	St Decumans Apartments	St Decumans Road	£185,000	3
TA23 0HP	Causeway Terrace	Watchet	£191,312	8
TA23 0DB	Almyr Terrace	Watchet	£194,000	3
TA23 0AZ	Anchor Street	Watchet	£197,075	3
TA23 0BG	West Street	Watchet	£198,600	5
TA23 0AH	Esplanade Lane	Watchet	£202,625	4