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House Prices in WD25 House Prices in WD25 (Watford)

The average house price in WD25 (Watford) is £491,333 using HM Land Registry data.

The average property price increased by £38,023 (18.51%) over the last 5 years and increased by £7,619 (2.94%) over the last 12 months.

Over the last year, there were 201 residential property sales – a decrease of 72 transactions (-35.82%) relative to the previous year. The majority of house sales (50) were in the £404,000 - £496,000 range. Then came properties in the £496,000 - £588,000 range, where 50 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 77 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,748 (-2%).

In Oct 24, there were 63 new estate agency instructions, 42 agreed home sales and 38 property price reductions.

Nearby Postcodes: AL1, AL2, AL3, AL4, EN5, EN6, HA3, HA5, HA7, HA8, HP3, NW7, WD17, WD18, WD19, WD23, WD24, WD3, WD4, WD5, WD6, WD7

5-Year Average Property Prices in WD25 (Watford)

18.51%

Property prices in Watford increased by 18.51% 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 WD25 (Watford) Over the Last Year

2.94%

Property prices in Watford increased by 2.94% 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 WD25 (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 WD25 (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 WD25 (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 WD25 (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 WD25 (Watford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WD25 postcode area since 1995.

Recent Sales in WD25 (Watford)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
173 North Approach, Watford, Hertfordshire, WD25 0EP£700,000£695,000-£5,00017 Apr 202423 Aug 2024128 Days
34 Third Avenue, Watford, Hertfordshire, WD25 9QE£535,000£535,000£0010 Jun 202415 Aug 202466 Days
118 Coates Way, Watford, Hertfordshire, WD25 9PA£600,000£580,000-£20,00012 Mar 202409 Aug 2024150 Days
35 Woodhurst Avenue, Watford, Hertfordshire, WD25 9RU£550,000£536,000-£14,00012 Mar 202409 Aug 2024150 Days
22 Foxlands Close, Leavesden, Watford, Hertfordshire, WD25 7LY£280,000£270,000-£10,00009 Jan 202405 Aug 2024209 Days
7 Haweswater Drive, Watford, Hertfordshire, WD25 0TU£500,000£485,000-£15,00018 Mar 202405 Aug 2024140 Days
5 Forest Road, Watford, Hertfordshire, WD25 7QP£400,000£380,000-£20,00019 Apr 202402 Aug 2024105 Days
17 Bowmans Green, Watford, Hertfordshire, WD25 9UP£500,000£485,000-£15,00028 Apr 202401 Aug 202495 Days
113 The Gossamers, Watford, Hertfordshire, WD25 9AU£525,000£520,000-£5,00018 Mar 202419 Jul 2024123 Days
191 Horseshoe Lane, Watford, Hertfordshire, WD25 7JB£435,000£431,500-£3,50031 Aug 202305 Jul 2024309 Days
18 Royce Grove, Leavesden, Watford, Hertfordshire, WD25 7GD£699,950£680,000-£19,95015 Mar 202404 Jul 2024111 Days
63 Orchard Avenue, Watford, Hertfordshire, WD25 7JG£550,000£530,000-£20,00016 Feb 202428 Jun 2024133 Days
27 Woodhurst Avenue, Watford, Hertfordshire, WD25 9RU£525,000£520,577-£4,42306 Mar 202420 Jun 2024106 Days
24 Kilby Close, Watford, Hertfordshire, WD25 9FJ£325,000£317,000-£8,00029 Jun 202320 Jun 2024357 Days
240 Horseshoe Lane, Watford, Hertfordshire, WD25 7JQ£800,000£770,000-£30,00022 Sep 202314 Jun 2024266 Days
24 Peregrine Close, Watford, Hertfordshire, WD25 9AP£435,000£425,000-£10,00013 Feb 202414 Jun 2024122 Days
134 Haines Way, Watford, Hertfordshire, WD25 7QL£450,000£430,000-£20,00026 Feb 202414 Jun 2024109 Days
9 Fifth Avenue, Watford, Hertfordshire, WD25 9QF£675,000£663,000-£12,00022 Jan 202413 Jun 2024143 Days
105 The Gossamers, Watford, Hertfordshire, WD25 9AU£450,000£430,000-£20,00005 Feb 202412 Jun 2024128 Days
12 Eastlea Avenue, Watford, Hertfordshire, WD25 9DG£550,000£535,000-£15,00006 Dec 202307 Jun 2024184 Days

Most Expensive Streets in WD25 (Watford)

PostcodeStreetAreaAverageNo. of Sales
WD25 8EXCanter Close, AldenhamWatford£1,213,3333
WD25 8EUStables End, AldenhamWatford£962,5717
WD25 8FBPalomino Place, AldenhamWatford£950,0005
WD25 8AJHilfield Lane, AldenhamWatford£918,3336
WD25 0JLThe Shires, GarstonWatford£816,5505
WD25 0JWBarley Brow, GarstonWatford£803,0003
WD25 0EBSheepcot Lane, GarstonWatford£773,0005
WD25 9JQBucknalls LaneWatford£766,2504
WD25 8EFBack Lane, Letchmore HeathWatford£751,2703
WD25 9NHBucknalls LaneWatford£727,0005

Least Expensive Streets in WD25 (Watford)

PostcodeStreetAreaAverageNo. of Sales
WD25 9PGBeken CourtWatford£142,73617
WD25 0DDSheepcot LaneWatford£156,90616
WD25 9AGRavenscroftWatford£180,2005
WD25 7DNBembridge PlaceWatford£181,1666
WD25 9BJRochester DriveWatford£196,75011
WD25 0RPThe Gables, North Orbital RoadWatford£212,5009
WD25 9ABRavenscroftWatford£213,8333
WD25 7HGHunters Gate, Hunters LaneWatford£214,0559
WD25 9AROsprey CloseWatford£216,1669
WD25 0NZJewell Court, Crown RiseWatford£218,7504

Explore WD25 (Watford) using map

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