TA23 (Watchet) area guide

TA23
Watchet
The TA23 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Beggearnhuish, Brendon Hill, Brompton Ralph and Haddon, Carhampton and Withycombe, Doniford, Five Bells, Lower Washford, Luxborough, Old Cleeve, Quarme, Roadwater, Somerset, Stickle Path, Treborough, Washford, Watchet, Williton, Withiel Florey.
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Notes:

A Mouseprice property guide for TA23 Watchet is coming soon. In the meantime, please have a look at the raw data and statistics about TA23 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Taunton propertyThe size of the property market in TA23 is 2613 homes.

Taunton propertyWhen compared against a national average compound annual growth rate (CAGR) over the last 5 years of 12.5%, the growth in this postcode district has been 11%. This could well be because this is a dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.

Taunton propertyDuring the last 3 months, property in this postcode district has averaged a value of £173483.

Taunton propertyPrice earnings ratio is an indicator of the affordability of property for someone on the average salary in the area. Price Earnings Ratio in this postcode district is 10.

Taunton propertyNew transactions as a percentage of overall sales are 7.2%.

Housing stock:

Watchet propertyThe most commonly found type of housing in this area are Semi- Detached Houses, making up 32.9% of the housing stock.

Watchet propertyFlats account for the lowest percentage of the housing stock in this district, at only 11.3%.

Watchet propertyThis is an area with a high proportion of property suitable for families with children.

Watchet propertyThere is a high proportion of temporary housing in this area at 1.8%. alt="Watchet property">Socially rented accommodation represents a significant percentage of the total rented accommodation in the area at 16.5%.

Watchet propertyThe majority of property in this area is owner occupied.

Watchet propertyThe average price of a two bed property in this area is less that the national average of £187894 at £170867.

Who lives here:

Watchet propertyTotal population in this area is 5647.
Watchet propertyThe average age in this area is 43.
Watchet propertyThis looks like a great place to go out – 25% of the population is single!
Watchet propertyAverage working hours in this area for men are 42 and for women are 30.
Watchet propertyThis area has 1.2 people per square kilometre.
Watchet propertyThe largest source of work in this area is Health & Social Work (16.7% of workers), followed by Health & Social Work (15%).