HomesIndex

Local market reportsTA areaTA23 › TA23 0

TA23 0 local market report Watchet

Every figure on this page comes from the public record: 3,431 sales registered with HM Land Registry in TA23 0 (Watchet) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

TA23 0 is a postcode sector: one group of streets inside TA23 (Watchet). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.

Where TA23 0 sits

Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.

£252,500median sold price, 2026
+10%five-year change (cash)
28sales in the last 12 months
4.7%gross rental yield (est.)

What a home in TA23 0 sells for

The 2026 median in TA23 0 is £252,500, from 28 registered sales; the mean, £289,700, sits modestly above it, the usual shape of a market with an expensive tail.

For scale: the England and Wales median is £273,500, so TA23 0 trades 8% below the country as a whole.

The price of a typical TA23 0 home, 1995 to 2026

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£125k£250k£375k£500k1995200020052010201520202026 1995: £45,000 at the time · £95,538 in today's money · 70 sales1996: £47,200 at the time · £97,218 in today's money · 72 sales1997: £48,000 at the time · £96,139 in today's money · 170 sales1998: £56,200 at the time · £110,794 in today's money · 122 sales1999: £59,200 at the time · £115,227 in today's money · 166 sales2000: £67,000 at the time · £128,417 in today's money · 129 sales2001: £75,000 at the time · £140,816 in today's money · 107 sales2002: £99,500 at the time · £182,836 in today's money · 156 sales2003: £130,000 at the time · £233,898 in today's money · 122 sales2004: £144,000 at the time · £255,424 in today's money · 101 sales2005: £157,000 at the time · £272,872 in today's money · 73 sales2006: £159,500 at the time · £270,405 in today's money · 157 sales2007: £175,000 at the time · £289,916 in today's money · 124 sales2008: £160,000 at the time · £256,148 in today's money · 64 sales2009: £161,000 at the time · £252,765 in today's money · 99 sales2010: £150,500 at the time · £230,511 in today's money · 64 sales2011: £145,000 at the time · £213,782 in today's money · 73 sales2012: £137,000 at the time · £196,938 in today's money · 77 sales2013: £142,000 at the time · £199,552 in today's money · 87 sales2014: £172,000 at the time · £238,313 in today's money · 87 sales2015: £184,200 at the time · £254,196 in today's money · 122 sales2016: £172,500 at the time · £235,693 in today's money · 116 sales2017: £190,100 at the time · £253,222 in today's money · 154 sales2018: £225,000 at the time · £292,925 in today's money · 140 sales2019: £209,000 at the time · £267,551 in today's money · 113 sales2020: £225,000 at the time · £285,124 in today's money · 94 sales2021: £230,000 at the time · £284,409 in today's money · 149 sales2022: £265,000 at the time · £303,485 in today's money · 103 sales2023: £251,000 at the time · £269,347 in today's money · 82 sales2024: £265,000 at the time · £275,169 in today's money · 111 sales2025: £250,000 at the time · £250,000 in today's money · 99 sales2026: £252,500 at the time · £252,500 in today's money · 28 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£252,500£252,50028
2025£250,000£250,00099
2024£265,000£275,169111
2023£251,000£269,34782
2022£265,000£303,485103
2021£230,000£284,409149
2020£225,000£285,12494
2019£209,000£267,551113
2018£225,000£292,925140
2017£190,100£253,222154
2016£172,500£235,693116
2015£184,200£254,196122
2014£172,000£238,31387
2013£142,000£199,55287
2012£137,000£196,93877
2011£145,000£213,78273
2010£150,500£230,51164
2009£161,000£252,76599
2008£160,000£256,14864
2007£175,000£289,916124
2006£159,500£270,405157
2005£157,000£272,87273
2004£144,000£255,424101
2003£130,000£233,898122
2002£99,500£182,836156
2001£75,000£140,816107
2000£67,000£128,417129
1999£59,200£115,227166
1998£56,200£110,794122
1997£48,000£96,139170
1996£47,200£97,21872
1995£45,000£95,53870

In cash terms the typical TA23 0 home went from £45,000 in 1995 to £252,500 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 164%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2022; the current median sits about 17% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.

Year-on-year change in the TA23 0 median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+50% -50% 0% 1996 · +4.9% on the year before1997 · +1.7% on the year before1998 · +17.1% on the year before1999 · +5.3% on the year before2000 · +13.2% on the year before2001 · +11.9% on the year before2002 · +32.7% on the year before2003 · +30.7% on the year before2004 · +10.8% on the year before2005 · +9.0% on the year before2006 · +1.6% on the year before2007 · +9.7% on the year before2008 · −8.6% on the year before2009 · +0.6% on the year before2010 · −6.5% on the year before2011 · −3.7% on the year before2012 · −5.5% on the year before2013 · +3.6% on the year before2014 · +21.1% on the year before2015 · +7.1% on the year before2016 · −6.4% on the year before2017 · +10.2% on the year before2018 · +18.4% on the year before2019 · −7.1% on the year before2020 · +7.7% on the year before2021 · +2.2% on the year before2022 · +15.2% on the year before2023 · −5.3% on the year before2024 · +5.6% on the year before2025 · −5.7% on the year before2026 · +1.0% on the year before200020052010201520202026

The strongest year on record here is 2002 (+32.7% on the year before); the weakest, 2008 (−8.6%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)+1.0%+1.0%
5 years (since 2021)+1.9%−2.4%
10 years (since 2016)+3.9%+0.7%
20 years (since 2006)+2.3%−0.3%

Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

100200 1995: 70 sales1996: 72 sales1997: 170 sales1998: 122 sales1999: 166 sales2000: 129 sales2001: 107 sales2002: 156 sales2003: 122 sales2004: 101 sales2005: 73 sales2006: 157 sales2007: 124 sales2008: 64 sales2009: 99 sales2010: 64 sales2011: 73 sales2012: 77 sales2013: 87 sales2014: 87 sales2015: 122 sales2016: 116 sales2017: 154 sales2018: 140 sales2019: 113 sales2020: 94 sales2021: 149 sales2022: 103 sales2023: 82 sales2024: 111 sales2025: 99 sales2026: 28 sales1995200020052010201520202026

TA23 0 recorded 28 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 121 sales a year before the financial crisis and 85 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around TA23 0

TA23 0 falls under Somerset, where the ONS puts the average private rent at £990 a month (May 2026 figures). A one-bed averages £674 a month here and a four-or-more-bed £1,580, so size does most of the work in setting the rent.

Average monthly rent by size, Somerset

ONS Price Index of Private Rents, May 2026.

1 bed: £674 a month£6741 bed2 bed: £890 a month£8902 bed3 bed: £1,106 a month£1,1063 bed4+ bed: £1,580 a month£1,5804+ bed

Set against the £252,500 median sold price, £990 a month is £11,880 a year, a gross yield of 4.7%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will TA23 0 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 10% over five years in cash but down 11% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

The risers and the fallers

The spread across the TA area is the point: the same five years treated these districts very differently.

Zoom out to the full TA23 district report for the type split, monthly volumes and how TA23 compares with its neighbours.

Dig further

Answers come from the same Land Registry data behind this report, and the AI knows you are asking about TA23 0. Free, with a one click sign in.

See every individual TA23 0 sale on the live map, mapped to the exact address, or the quick-reference TA23 0 price page. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.

Advertisement Safestore advertisement