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House Prices in WD24 House Prices in WD24 (Watford)

The average house price in WD24 (Watford) is £441,039 using HM Land Registry data.

The average property price increased by £50,945 (8.38%) over the last 5 years and increased by £10,205 (1.43%) over the last 12 months.

Over the last year, there were 216 residential property sales – a decrease of 48 transactions (-22.22%) relative to the previous year. The majority of house sales (47) were in the £378,000 - £442,000 range. Then came properties in the £442,000 - £506,000 range, where 40 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 166 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,817 (-2%).

In January 2025, there were 54 new estate agency instructions, 37 agreed home sales and 33 property price reductions.

Nearby Postcodes: AL2, HA3, HA5, HA7, HP3, WD17, WD18, WD19, WD23, WD25, WD3, WD4, WD5, WD6, WD7

5-Year Average Property Prices in WD24 (Watford)

8.38%

Property prices in WD24 (Watford) increased by 8.38% 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 WD24 (Watford) Over the Last Year

1.43%

Property prices in WD24 (Watford) increased by 1.43% 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 WD24 (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 WD24 (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 WD24 (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 WD24 (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 WD24 (Watford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WD24 postcode area since 1995.

Recent Sales in WD24 (Watford)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
56 Colne Way, Watford, Hertfordshire, WD24 7NA£600,000£594,000-£6,00011 Sep 202419 Dec 202499 Days
20 Radlett Road, Watford, Hertfordshire, WD24 4LP£675,000£668,000-£7,00013 Jun 202413 Dec 2024183 Days
12 Maytree Crescent, Watford, Hertfordshire, WD24 5NW£475,000£445,000-£30,00029 Jul 202412 Dec 2024136 Days
11 The Square, Watford, Hertfordshire, WD24 6ND£583,000£570,000-£13,00024 May 202406 Dec 2024196 Days
16 Jubilee Road, Watford, Hertfordshire, WD24 5HH£425,000£423,000-£2,00023 May 202402 Dec 2024193 Days
9 Tudor Drive, Watford, Hertfordshire, WD24 7NS£499,950£499,950£030 Sep 202429 Nov 202460 Days
7 Leaford Crescent, Watford, Hertfordshire, WD24 5JQ£300,000£298,500-£1,50027 Aug 202427 Nov 202492 Days
9 Lowestoft Road, Watford, Hertfordshire, WD24 5AX£419,950£405,000-£14,95021 May 202422 Nov 2024185 Days
21 Buckingham Road, Watford, Hertfordshire, WD24 7BT£565,000£560,000-£5,00030 Aug 202422 Nov 202484 Days
116 Courtlands Close, Watford, Hertfordshire, WD24 5GX£210,000£200,000-£10,00010 May 202422 Nov 2024196 Days
23 Bushey Mill Lane, Watford, Hertfordshire, WD24 7QU£575,000£561,000-£14,00012 Jun 202422 Nov 2024163 Days
120 Norbury Avenue, Watford, Hertfordshire, WD24 4PD£270,000£269,000-£1,00028 May 202422 Nov 2024178 Days
53 Neston Road, Watford, Hertfordshire, WD24 7BN£420,000£410,000-£10,00005 Aug 202407 Nov 202494 Days
23 Regent Street, Watford, Hertfordshire, WD24 5AT£399,950£390,000-£9,95016 May 202406 Nov 2024174 Days
22 Garfield Street, Watford, Hertfordshire, WD24 5HB£399,000£392,000-£7,00013 Jun 202421 Oct 2024130 Days
228 Gammons Lane, Watford, Hertfordshire, WD24 5JH£525,000£516,000-£9,00028 Mar 202421 Oct 2024207 Days
Flat 16, Lancing House, Hallam Close, Watford, Hertfordshire, WD24 4RL£235,000£235,000£024 May 202421 Oct 2024150 Days
13 Lowestoft Road, Watford, Hertfordshire, WD24 5AX£365,000£360,000-£5,00023 Aug 202421 Oct 202459 Days
10 Leaford Crescent, Watford, Hertfordshire, WD24 5TW£290,000£278,000-£12,00002 Mar 202418 Oct 2024230 Days
41 Chilcott Road, Watford, Hertfordshire, WD24 5LF£550,000£550,000£002 Apr 202414 Oct 2024195 Days

Most Expensive Streets in WD24 (Watford)

PostcodeStreetAreaAverageNo. of Sales
WD24 7NUTudor AvenueWatford£663,9874
WD24 5FTAlmond CloseWatford£653,0005
WD24 7PFBushey Mill LaneWatford£631,6663
WD24 7NXTudor AvenueWatford£599,6666
WD24 4LPRadlett RoadWatford£597,0004
WD24 7DYNorfolk AvenueWatford£587,8333
WD24 7RFNorthfield GardensWatford£586,8005
WD24 7LNWoodmere AvenueWatford£578,3333
WD24 7NTTudor DriveWatford£570,0006
WD24 7HEWestfield AvenueWatford£557,0005

Least Expensive Streets in WD24 (Watford)

PostcodeStreetAreaAverageNo. of Sales
WD24 7DLSouthwold RoadWatford£179,8336
WD24 7FHSouthwold RoadWatford£184,0008
WD24 6LXGladesmere CourtWatford£186,5007
WD24 5AABaxter RoadWatford£188,8333
WD24 5GTCourtlands CloseWatford£190,0003
WD24 5GYCourtlands CloseWatford£192,6663
WD24 7DRSouthwold RoadWatford£201,9217
WD24 5GNCourtlands CloseWatford£207,5003
WD24 7PJChiswell Court, Sandown RoadWatford£210,1296
WD24 5GXCourtlands CloseWatford£211,6005

Explore WD24 (Watford) using map

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