Watford property prices

The average property price in Watford postcode area is £555k. The average price increased by £69.8k (14%) over the last twelve months. The price of an established property is £563k. The price of a newly built property is £410k. There were 3.0k property sales and sales dropped by 16.9% (-635 transactions). Most properties were sold in the £500k-£750k price range with 725 (24.2%) properties sold, followed by £300k-£400k price range with 683 (22.8%) properties sold.

June 2020 - May 2021

Watford postcode area

England and Wales

£555k

average property price

£332k

average property price

14%

average price percentage change

10%

average price percentage change

£69.8k

average price change

£30.7k

average price change

Watford house prices map

This price map shows the average property price in a given postcode sector between June 2020 - May 2021. The most affordable place was 'WD17 1' with the average price of £268k. The most expensive place was 'WD3 4', £1.4M.

Watford house prices map

Watford house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between June 2020 - May 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Watford house prices compared to other areasAverage price percentage change
Average property price

Watford house price rank

With the average price of £555k, Watford is the 13. most pricey postcode area out of 105 England and Wales' postcode areas.

Watford house price rank

Watford property sales share by price range

shows a number of properties sold in a given price range between June 2020 - May 2021.

Watford property sales share by price range
Property price rangeMarket shareSales volumes
£50k-£100k0.2%5
£100k-£150k0.8%25
£150k-£200k2.6%77
£200k-£250k5.4%161
£250k-£300k6.3%188
£300k-£400k22.8%683
£400k-£500k21.7%651
£500k-£750k24.2%725
£750k-£1M8.5%256
over £1M7.7%231

Watford cost comparison of new homes and older homes

June 2020 - May 2021

Watford cost comparison of new homes and older homes

£410k

A newly built property

£563k

An established property

Watford cost comparison of houses and flats

June 2020 - May 2021

Watford cost comparison of houses and flats

£1.0M

Detached

£305k

Flat

£541k

Semi-Detached

£432k

Terraced

Watford real house prices

Yearly average nominal house prices adjusted for inflation.

Watford real house prices

Watford house prices compared to England & Wales' house prices

Yearly average nominal prices

Watford house prices

Watford house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Watford house prices and nearby areas

Yearly average nominal prices

Watford house prices and nearby areas

Watford house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Watford house prices new vs established

Watford house prices by property type

Yearly average nominal prices

Watford house prices by property type

Watford house price to earnings ratio

The median property price to median earnings ratio is ranging between 10.6 in Watford and 14.5 in Three Rivers. Ie. Watford resident with middle-income needs 10.6 gross annual salaries to buy a medium-priced property. Resident in Three Rivers needs 14.5 annual salaries. The England and Wales ratio was 7.7 in 2019.
Watford house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
England and Wales7.7
Watford10.6
Hertsmere12.7
Three Rivers14.5

Other reports for Watford postcode area

new home prices

property transactions

salary and unemployment

population statistics

home energy certificates

energy costs

home features

crime statistics

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