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House Prices in WD18 House Prices in WD18 (Watford)

The average house price in WD18 (Watford) is £377,400 using HM Land Registry data.

The average property price increased by £25,226 (4.84%) over the last 5 years and increased by £5,054 (0.85%) over the last 12 months.

Over the last year, there were 183 residential property sales – a decrease of 60 transactions (-32.79%) relative to the previous year. The majority of house sales (37) were in the £354,000 - £436,000 range. Then came properties in the £272,000 - £354,000 range, where 36 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 132 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,744 (-3%).

In Dec 24, there were 42 new estate agency instructions, 21 agreed home sales and 27 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 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 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) - Dec 24

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
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
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£0015 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£0031 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
112 Liverpool Road, Watford, Hertfordshire, WD18 0DN£500,000£498,000-£2,00025 Jul 202321 Jun 2024332 Days
72a, King Georges Avenue, Watford, Hertfordshire, WD18 7QD£240,000£240,000£0021 Feb 202414 Jun 2024114 Days
18 Elfrida Road, Watford, Hertfordshire, WD18 0AT£440,000£425,000-£15,00006 Feb 202407 Jun 2024122 Days
61 Pretoria Road, Watford, Hertfordshire, WD18 0RL£365,000£365,000£0024 Jan 202403 Jun 2024131 Days

Most Expensive Streets in WD18 (Watford)

PostcodeStreetAreaAverageNo. of Sales
WD18 7JDRickmansworth RoadWatford£868,6663
WD18 7DZMildred AvenueWatford£820,8333
WD18 7LGGade AvenueWatford£785,8333
WD18 7HPPark AvenueWatford£766,6663
WD18 7LDCassiobury Park AvenueWatford£753,6663
WD18 7DXMildred AvenueWatford£726,5004
WD18 7ATMalkin WayWatford£704,8333
WD18 7LLSwiss AvenueWatford£684,4378
WD18 7LNSwiss AvenueWatford£677,5004
WD18 7DUMildred AvenueWatford£620,5005

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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