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House Prices in WD18 House Prices in WD18 (Watford)

The average house price in WD18 (Watford) is £358,055 using HM Land Registry data.

The average property price increased by £21,605 (4.84%) over the last 5 years and increased by £4,328 (0.85%) over the last 12 months.

Over the last year, there were 182 residential property sales – a decrease of 40 transactions (-21.98%) relative to the previous year. The majority of house sales (39) were in the £350,000 - £430,000 range. Then came properties in the £430,000 - £510,000 range, where 38 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 154 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,030 (-3%).

In January 2025, there were 53 new estate agency instructions, 45 agreed home sales and 32 property price reductions.

Nearby Postcodes: AL2, HA4, HA5, HA6, HP3, HP5, HP6, HP8, SL9, UB9, WD17, WD19, WD23, WD24, WD25, WD3, WD4, WD5

5-Year Average Property Prices in WD18 (Watford)

4.84%

Property prices in WD18 (Watford) increased by 4.84% 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 WD18 (Watford) Over the Last Year

0.85%

Property prices in WD18 (Watford) increased by 0.85% 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.

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).

Property Market Heat Gauge for WD18 (Watford) - January 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 WD18 (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 WD18 (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 WD18 (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 WD18 (Watford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WD18 postcode area since 1995.

Recent Sales in WD18 (Watford)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
41a, Cardiff Road, Watford, Hertfordshire, WD18 0DS£230,000£230,000£010 Jul 202426 Nov 2024139 Days
129 Rickmansworth Road, Watford, Hertfordshire, WD18 7JD£675,000£670,000-£5,00027 Aug 202422 Nov 202487 Days
342 Whippendell Road, Watford, Hertfordshire, WD18 7PD£475,000£465,000-£10,00022 Jul 202415 Nov 2024116 Days
Little Tolpits Cottage, Tolpits Lane, Watford, Hertfordshire, WD18 9QG£1,300,000£1,250,000-£50,00013 Jun 202431 Oct 2024140 Days
132 Mildred Avenue, Watford, Hertfordshire, WD18 7DX£795,000£760,000-£35,00025 Apr 202428 Oct 2024186 Days
18 Clifton Road, Watford, Hertfordshire, WD18 0DH£650,000£635,000-£15,00004 Jun 202424 Oct 2024142 Days
Flat 17, Lewis House, Explorer Drive, Watford, Hertfordshire, WD18 6GX£250,000£110,000-£140,00003 Apr 202423 Oct 2024203 Days
465 Whippendell Road, Watford, Hertfordshire, WD18 7PS£415,000£415,000£012 Jun 202418 Oct 2024128 Days
211 Whippendell Road, Watford, Hertfordshire, WD18 7NN£475,000£465,000-£10,00015 May 202417 Oct 2024155 Days
18 Caractacus Green, Watford, Hertfordshire, WD18 6JU£525,000£515,000-£10,00014 Jun 202416 Oct 2024124 Days
82 Hagden Lane, Watford, Hertfordshire, WD18 0HH£410,000£390,000-£20,00029 May 202411 Oct 2024135 Days
17 Cannon Road, Watford, Hertfordshire, WD18 0BB£490,000£472,000-£18,00020 Jan 202404 Oct 2024258 Days
117 Chester Road, Watford, Hertfordshire, WD18 0RE£410,000£405,000-£5,00015 Nov 202330 Sep 2024320 Days
19 Swiss Avenue, Watford, Hertfordshire, WD18 7LL£600,000£585,000-£15,00026 May 202420 Sep 2024117 Days
Flat 5, Alderney House, Scammell Way, Watford, Hertfordshire, WD18 6GE£200,000£200,000£015 May 202409 Sep 2024117 Days
35 Harwoods Road, Watford, Hertfordshire, WD18 7RB£415,000£410,000-£5,00011 May 202406 Sep 2024118 Days
10 Longman Close, Watford, Hertfordshire, WD18 8WP£460,000£460,000£031 Oct 202312 Jul 2024255 Days
6 Neal Street, Watford, Hertfordshire, WD18 0AX£375,000£370,000-£5,00020 Feb 202402 Jul 2024133 Days
448 Whippendell Road, Watford, Hertfordshire, WD18 7PT£510,000£487,500-£22,50022 Apr 202426 Jun 202465 Days
Flat 16, Lewis House, Explorer Drive, Watford, Hertfordshire, WD18 6GX£285,000£280,000-£5,00018 Jan 202424 Jun 2024158 Days

Most Expensive Streets in WD18 (Watford)

PostcodeStreetAreaAverageNo. of Sales
WD18 7HXShepherds RoadWatford£1,205,0003
WD18 7DZMildred AvenueWatford£820,8333
WD18 7JDRickmansworth RoadWatford£819,0004
WD18 7LGGade AvenueWatford£785,8333
WD18 7LDCassiobury Park AvenueWatford£753,6663
WD18 7DXMildred AvenueWatford£733,2005
WD18 7ATMalkin WayWatford£704,8333
WD18 7LLSwiss AvenueWatford£684,4378
WD18 7LNSwiss AvenueWatford£677,5004
WD18 7HPPark AvenueWatford£663,0004

Least Expensive Streets in WD18 (Watford)

PostcodeStreetAreaAverageNo. of Sales
WD18 0HYRiverwell CloseWatford£103,6004
WD18 0QSHomemanor House, Cassio RoadWatford£113,09615
WD18 7DDRaven CloseWatford£150,6254
WD18 7HNCopperdale Court, The GatewayWatford£160,6254
WD18 7BWTurin House, Venice AvenueWatford£168,3333
WD18 7QPArgyle CourtWatford£172,8005
WD18 6GUFarne House, Scammell WayWatford£188,3333
WD18 0JLUpton RoadWatford£193,8333
WD18 7QGTolpits LaneWatford£196,6663
WD18 0PDMarket StreetWatford£199,1663

Explore WD18 (Watford) using map

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