# Watchet Property Market Summary
Watchet, a historic coastal town in Somerset, presents a modest property market with an average price of £179,635 across 1,795 properties. The area has experienced notable volatility over recent years, with prices peaking at £377,745 in 2021 during the pandemic-driven coastal property boom. Since then, the market has moderated, with 2023 seeing a significant correction to £289,973 before recovering slightly to £309,255 in early 2025. This pattern reflects both the initial surge in demand for seaside locations and subsequent market stabilisation as buyers recalibrated expectations.
The town's property market shows distinct phases of activity, with 2017 marking an exceptionally busy period (164 sales) that has since settled to more sustainable levels. The contrast between the low overall average price and recent annual averages suggests a diverse housing stock, likely comprising both traditional period properties and more modest homes. Watchet's appeal centres on its maritime heritage, working harbour, and West Somerset coastal location, attracting a mix of local buyers, retirees, and those seeking affordable seaside living. The recent uptick in sales volumes during 2024 (112 transactions) indicates renewed buyer interest, though prices remain below their 2021 peak.
The average house price in Watchet, Somerset is £179,635. Prices range from £7,000 to £11,060,000.
There are 1,795 properties in Watchet with 2,265 recorded transactions since 1995.
The median house price in Watchet is £142,500, compared to an average of £179,635.
Watchet has 584 terraced properties, 521 detached properties, 487 semi-detached properties, 141 flat / maisonette properties.
Average house prices in Watchet have risen by 491.6% from £52,270 in 1995 to £309,255 in 2025.
The most popular streets in Watchet by number of properties include West Street, Doniford Road, Swain Street, South Road, Holm View.
Watchet is located in Somerset, in the West Somerset district.