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Watford House Prices

The average house price in Watford is £520,862 using HM Land Registry data.

The average property price increased by £47,593 (11.29%) over the last 5 years and increased by £9,536 (2.08%) over the last 12 months.

Over the last year, there were 1,052 residential property sales – a decrease of 149 transactions (-14.16%) relative to the previous year. The majority of house sales (265) were in the £326,000 - £432,000 range. Then came properties in the £432,000 - £538,000 range, where 223 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 196 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-16,244 (-2%).

In March 2025, there were 251 new estate agency instructions, 164 agreed home sales and 173 property price reductions.

5-Year Average Property Prices in Watford

11.29%

Property prices in Watford increased by 11.29% 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 Watford Over the Last Year

2.08%

Property prices in Watford increased by 2.08% 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 Watford - March 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 Watford

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 Watford

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 Watford

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 Watford since 1995

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

Recent Property Sales in Watford

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
334 High Road, Leavesden, Watford, Hertfordshire, WD25 7EQ	£550,000	£540,000	-£10,000	19 Aug 2024	17 Feb 2025	182 Days
44 Greenwood Drive, Watford, Hertfordshire, WD25 0HU	£450,000	£430,000	-£20,000	17 Jul 2024	17 Feb 2025	215 Days
27 Trevellance Way, Watford, Hertfordshire, WD25 0LY	£325,000	£325,000	£0	19 Jul 2024	14 Feb 2025	210 Days
23 Sutton Road, Watford, Hertfordshire, WD17 2QE	£390,000	£380,000	-£10,000	22 Jul 2024	14 Feb 2025	207 Days
4 Church Road, Watford, Hertfordshire, WD17 4PU	£315,000	£302,500	-£12,500	20 Sep 2024	14 Feb 2025	147 Days
60 Cecil Street, Watford, Hertfordshire, WD24 5AP	£360,000	£193,626	-£166,374	16 Jul 2020	13 Feb 2025	1673 Days
98 Leggatts Way, Watford, Hertfordshire, WD24 5NH	£525,000	£525,000	£0	06 Sep 2024	13 Feb 2025	160 Days
20 Hoylake Gardens, Watford, Hertfordshire, WD19 6LG	£425,000	£418,000	-£7,000	26 Aug 2024	10 Feb 2025	168 Days
10 Parkgate Road, Watford, Hertfordshire, WD24 4FH	£400,000	£395,000	-£5,000	21 May 2024	07 Feb 2025	262 Days
82 Carpenders Avenue, Watford, Hertfordshire, WD19 5BP	£600,000	£570,000	-£30,000	27 Sep 2024	07 Feb 2025	133 Days
78 Blairhead Drive, Watford, Hertfordshire, WD19 7RJ	£600,000	£600,000	£0	13 Jun 2024	07 Feb 2025	239 Days
142 Prestwick Road, Watford, Hertfordshire, WD19 6LA	£265,000	£254,000	-£11,000	07 Jun 2024	07 Feb 2025	245 Days
7 Comyne Road, Watford, Hertfordshire, WD24 5LQ	£550,000	£548,000	-£2,000	02 Aug 2024	06 Feb 2025	188 Days
85 Sheepcot Lane, Garston, Watford, Hertfordshire, WD25 0DU	£685,000	£672,500	-£12,500	28 Aug 2024	06 Feb 2025	162 Days
140 Rickmansworth Road, Watford, Hertfordshire, WD18 7JG	£625,000	£585,000	-£40,000	03 Sep 2024	06 Feb 2025	156 Days
13 Haweswater Drive, Watford, Hertfordshire, WD25 0TU	£475,000	£470,000	-£5,000	10 May 2024	05 Feb 2025	271 Days
5 Lowson Grove, Watford, Hertfordshire, WD19 4BA	£700,000	£655,000	-£45,000	28 May 2024	03 Feb 2025	251 Days
34 Barnhurst Path, Watford, Hertfordshire, WD19 6TT	£500,000	£490,000	-£10,000	11 Oct 2024	03 Feb 2025	115 Days
29 The Spinney, Watford, Hertfordshire, WD17 4QF	£358,500	£355,000	-£3,500	09 Sep 2024	03 Feb 2025	147 Days
18 Munden Grove, Watford, Hertfordshire, WD24 7EE	£630,000	£620,000	-£10,000	05 Aug 2024	31 Jan 2025	179 Days

Most Expensive Streets in Watford

Postcode	Street	Area	Average	No. of Sales
WD17 3HH	Hempstead Road	Watford	£1,658,333	3
WD17 3DP	Garden Close	Watford	£1,582,066	3
WD17 3HE	Hempstead Road	Watford	£1,255,833	3
WD18 7HX	Shepherds Road	Watford	£1,205,000	3
WD17 4NZ	Stratford Road	Watford	£1,189,166	3
WD17 4DU	Rounton Close	Watford	£1,160,000	6
WD17 3DE	Devereux Drive	Watford	£1,155,625	4
WD17 3DN	The Gardens	Watford	£1,147,875	4
WD17 3BX	Woodland Drive	Watford	£1,141,250	4
WD17 3AN	Cassiobury Drive	Watford	£1,095,500	4

Least Expensive Streets in Watford

Postcode	Street	Area	Average	No. of Sales
WD18 0HY	Riverwell Close	Watford	£105,000	3
WD18 0QS	Homemanor House	Cassio Road	£113,096	15
WD17 2NU	Lower High Street	Watford	£115,785	7
WD17 2DB	Crosfield Court 244-248	Lower High Street, Watford	£129,136	22
WD17 1DF	St Johns Road	Watford	£129,270	5
WD17 4PZ	Heathdene Manor	Watford	£133,461	13
WD25 9PG	Beken Court	Watford	£138,030	17
WD18 7DD	Raven Close	Watford	£142,083	3
WD19 4SA	Tanner House	Eastbury Road	£143,333	3
WD25 0DD	Sheepcot Lane	Watford	£155,866	15