Average Price for property in Watchet is around £213,849 which varies based on type of property you are interested in and ranges from £321,039 for detached house to around £187,598 for semi-detached. Similarly terraced house is around £163,389 and a flat is worth £116,804. Values have been changing and have risen £1,125 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,812 in last 6 months, £17,686 in last 1 year, £21,224 in last 2 years, £22,307 in last 3 years, £23,474 in last 4 years and £23,050 in last 5 years.
Currently average asking price of a property in Watchet is around £258,957 based on approximately 62 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £511 per month.
Estimated property value in Watchet is £213,849. Average asking price is £258,957 while average price paid is £194,204 which is up by £17,686 and Avg. asking rent £511.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Watchet area. In last 1 year alone average price buyer paid is around £194,204 based on approximately 62 sales in Watchet area alone. If you compare it to last 3 years sales of 202 properties where buyers paid around £177,928. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £177,780 for 337 and average amount paid for purchase of approx. 483 properties sold in last 7 years comes to about £180,592 per sale.