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House Prices in WD19 House Prices in WD19 (Watford)

The average house price in WD19 (Watford) is £456,818 using HM Land Registry data.

The average property price increased by £64,162 (5.25%) over the last 5 years and increased by £12,856 (0.92%) over the last 12 months.

Over the last year, there were 201 residential property sales – a decrease of 104 transactions (-51.74%) relative to the previous year. The majority of house sales (58) were in the £352,000 - £454,000 range. Then came properties in the £454,000 - £556,000 range, where 39 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 79 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,639 (-2%).

In Oct 24, there were 50 new estate agency instructions, 46 agreed home sales and 25 property price reductions.

Nearby Postcodes: HA2, HA3, HA4, HA5, HA6, HA7, UB9, WD17, WD18, WD23, WD24, WD25, WD3, WD4, WD5, WD6

5-Year Average Property Prices in WD19 (Watford)

5.25%

Property prices in Watford increased by 5.25% 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 WD19 (Watford) Over the Last Year

0.92%

Property prices in Watford increased by 0.92% 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 WD19 (Watford) - Oct 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 WD19 (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 WD19 (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 WD19 (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 WD19 (Watford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WD19 postcode area since 1995.

Recent Sales in WD19 (Watford)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
65 Carpenders Avenue, Watford, Hertfordshire, WD19 5BP£700,000£700,000£0029 May 202416 Aug 202479 Days
15 The Watergate, Watford, Hertfordshire, WD19 5AS£495,000£487,000-£8,00008 Feb 202415 Aug 2024189 Days
37 Heysham Drive, Watford, Hertfordshire, WD19 6YP£240,000£235,000-£5,00013 Mar 202409 Aug 2024149 Days
109 Harrow Way, Watford, Hertfordshire, WD19 5EP£575,000£560,000-£15,00021 Apr 202408 Aug 2024109 Days
51 Cherry Hills, Watford, Hertfordshire, WD19 6DL£439,950£434,000-£5,95028 Feb 202402 Aug 2024156 Days
133 Hillcroft Crescent, Watford, Hertfordshire, WD19 4PA£750,000£730,000-£20,00025 Nov 202329 Jul 2024247 Days
308 Hayling Road, Watford, Hertfordshire, WD19 7QB£440,000£430,000-£10,00011 Apr 202424 Jul 2024104 Days
Flat 19, The Gables, Ransom Close, Watford, Hertfordshire, WD19 4NG£220,000£220,000£0015 Feb 202411 Jul 2024147 Days
19 Crossmead, Watford, Hertfordshire, WD19 4JQ£500,000£485,000-£15,00014 Dec 202309 Jul 2024208 Days
31 Oxhey Avenue, Watford, Hertfordshire, WD19 4HB£549,950£515,000-£34,95014 Feb 202328 Jun 2024500 Days
38 Capel Road, Watford, Hertfordshire, WD19 4AE£400,000£390,000-£10,00015 Jan 202428 Jun 2024165 Days
118 Villiers Road, Watford, Hertfordshire, WD19 4FJ£480,000£460,000-£20,00008 Sep 202324 Jun 2024290 Days
91 Penrose Avenue, Watford, Hertfordshire, WD19 5AA£675,000£660,000-£15,00025 Apr 202421 Jun 202457 Days
34 Fairhaven Crescent, Watford, Hertfordshire, WD19 7NY£234,000£234,000£0006 Mar 202418 Jun 2024104 Days
31 Oxhey Road, Watford, Hertfordshire, WD19 4QG£895,000£895,000£0001 Jan 202414 Jun 2024165 Days
104 St Georges Drive, Watford, Hertfordshire, WD19 5HD£645,000£625,000-£20,00030 Jan 202410 Jun 2024132 Days
73 Thorpe Crescent, Watford, Hertfordshire, WD19 4LE£450,000£450,000£0023 Oct 202307 Jun 2024228 Days
253 Muirfield Road, Watford, Hertfordshire, WD19 6HZ£415,000£415,000£0001 Nov 202307 Jun 2024219 Days
8 Frinton Close, Watford, Hertfordshire, WD19 7QS£350,000£340,000-£10,00009 Feb 202403 Jun 2024115 Days
87 Penrose Avenue, Watford, Hertfordshire, WD19 5AB£585,000£575,000-£10,00002 Nov 202320 May 2024200 Days

Most Expensive Streets in WD19 (Watford)

PostcodeStreetAreaAverageNo. of Sales
WD19 4NWWoodwayeWatford£975,3333
WD19 4TPKingsfield RoadWatford£931,6663
WD19 4QGOxhey RoadWatford£910,6254
WD19 4TRKingsfield RoadWatford£908,1254
WD19 4QQOxhey RoadWatford£879,3333
WD19 4QNBlenheim CloseWatford£858,3333
WD19 5BHHangar RudingWatford£848,6663
WD19 4BEElm AvenueWatford£831,6663
WD19 4AYSherwoods RoadWatford£828,7005
WD19 4FTHorsehaven MewsWatford£803,8758

Least Expensive Streets in WD19 (Watford)

PostcodeStreetAreaAverageNo. of Sales
WD19 7HWPenn House, Oxhey DriveWatford£201,5003
WD19 4BUChalk HillWatford£202,5003
WD19 4NGThe Gables, Ransom CloseWatford£202,58312
WD19 6SERedwood Close, South OxheyWatford£206,0009
WD19 5DTBucklandsWatford£221,9874
WD19 5BLThe ParadeWatford£233,6663
WD19 5BBBellingdon, Romilly DriveWatford£243,1254
WD19 7ATFerryhills CloseWatford£268,2504
WD19 7QAHayling RoadWatford£273,7003
WD19 6XPBramshaw GardensWatford£275,0003

Explore WD19 (Watford) using map

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