Sold £5,388/m² · Median sold £438,773 (694 sales) · Index +1% y/y · Turnover 1.5% · 12 months, sales to Jun 2026, listings to Sep 2026
What is Watford?
Buildings
29,998
Mixed-use buildings
2.4%
HMO-shaped units
3.3%
EPC A or B
18%
EPC D or worse
47%
What does Watford cost?
Watford: sold price per m² £5,388/m² (12 months to Jun 2026, 609 sales).
Sold price per m²
£5,388/m² 12 months to Jun 2026
609 sales
Empirical-Bayes smoothed median of UPRN-matched completed sales per square metre (HM Land Registry Price Paid), monthly. 12-month figure: the monthly medians weighted by their sample, 12 months to Jun 2026, 609 sales. Observations cover 11 of 12 months in this window.
Sold price
£438,773 12 months to Jun 2026
694 sales
+1.4% on the previous 12 months.
Empirical-Bayes smoothed median of UPRN-matched completed sales (HM Land Registry Price Paid), monthly. 12-month figure: the monthly medians weighted by their sample, 12 months to Jun 2026, 694 sales.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own carries the parent area's price rather than a measurement, and is not published with no sample.
Asking price
£381,734 12 months to Sep 2026
2,230 listings
+1% on the previous 12 months.
Median ASKING price of residential sale listings that came to market in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 2,230 listings.
Sample is the dated listings that came to market in the latest month (added and reduced cohorts).
Sold price per m²: £3,415/m² in Oct 2016 to £5,707/m² in Sep 2026.Sold price: £388,310 in Sep 2016 to £472,043 in Sep 2026.Asking price: £395,000 in Jan 2022 to £385,000 in Sep 2026.Asking price per m²: £5,364/m² in Aug 2025 to £5,355/m² in Sep 2026.Asking to sold: 104% in Jan 2022 to 97% in Dec 2024.
Settled months to Jul 2026; the dashed tail is the published projection of the index 8 months ahead, inside its 80% band. A projection of the index, not a forecast of any home's price.
ObservedForecast with intervalIndex points, not property prices
Asking price index: 98 in Jan 2022 to 100.7 in Sep 2026.
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 1,643 lets.
Gross yield, asking basis
5.2% 12 months to Sep 2026
4,244 lets
-3.1% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 4,244 lets.
Sample is the dated lettings behind the latest month's rent cell.
Asking rent: £1,672/month in Aug 2025 to £1,559/month in Sep 2026.Gross yield, asking basis: 3.8% in Jan 2022 to 4.8% in Sep 2026.Asking rent index: 83.1 in Jan 2022 to 99.9 in Sep 2026.
How does Watford vary by home size?
Asking price in Watford runs from £227,010 for 1 bedroom to £1,161,278 for 5+ bedrooms.
Asking price by bedroom band in Watford. Each band shows its own window and sample. A band with fewer than 30 dated listings in the year is not published.
Homes
Asking price
Window
Change
Listings
1 bedroom
£227,010
12 months to Sep 2026
-12.2% on the previous 12 months
487
2 bedrooms
£352,281
12 months to Sep 2026
-3.8% on the previous 12 months
890
3 bedrooms
£505,276
12 months to Sep 2026
+1.9% on the previous 12 months
508
4 bedrooms
£754,534
12 months to Sep 2026
-9.1% on the previous 12 months
201
5+ bedrooms
£1,161,278
12 months to Sep 2026 · 11 of 12 months observed
—
90
Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
How liquid is Watford?
Watford: turnover 1.5% (12 months to Mar 2026, 679 sales). -39.7% on the previous 12 months.
Turnover
1.5% 12 months to Mar 2026
679 sales
-39.7% on the previous 12 months.
Registered sales as a share of the dwelling stock, monthly; the 12-month figure adds the months. UPRN-matched sales, a floor on the registry count; the newest months fill in as registrations land. 12-month figure: the months added, 12 months to Mar 2026, 679 sales.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own has a rate of zero by arithmetic rather than a measured rate, and is not published with no sample.
Listings for sale
1,302 12 months to Sep 2026
1,302 listings
Residential sale listings observed in the month, from portal listings. 12-month figure: the months added, 12 months to Sep 2026, 1,302 listings.
New listings
1,283 12 months to Sep 2026
1,283 listings
-2.4% on the previous 12 months.
Listings first seen in the month and never reduced; undercounts new listings by the reduction share, by construction. 12-month figure: the months added, 12 months to Sep 2026, 1,283 listings.
Never-reduced cohort: undercounts new listings by the reduction share.
Turnover: 0.2% in Sep 2016 to 0.1% in Sep 2026.Listings for sale: 95 in Aug 2025 to 170 in Sep 2026.New listings: 108 in Jan 2022 to 173 in Sep 2026.Price reductions: 37 in Jan 2022 to 77 in Sep 2026.Live listings: 560 in Sep 2026 to 1,620 in Nov 2026.Days to completion: 160 days in Jan 2022 to 109 days in Dec 2024.
Who is active in Watford?
52 agents listed homes for sale in Watford; the three largest took 32% of the listings.
Agents active
52
Top three agents’ share
32%
New homes among listings
6.0%
Days to completion is on the listings matched to a registered sale, not a sell-through rate.
Who owns Watford?
Corporate landlords hold 77% of the 1,497 units in Watford whose freeholder is classified; 97% of all units are not yet classified.
Corporate landlords77% of classified · 1,152 units
Individuals (not traceable in bulk)12% of classified · 175 units
Housing associations9.4% of classified · 141 units
RMC1.9% of classified · 29 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does Watford rank?
Watford ranks 4th of 10 local authorities in Hertfordshire for sold price per m², at £5,388/m².
Sold price per m² · local authorities in Hertfordshire
Watford ranks 4th of 10 local authorities in Hertfordshire for sold price per m², at £5,388/m².
Sold price per m² across local authorities in Hertfordshire, 12 months to Jun 2026. Sample and confidence tier beside every value.
WD17Postcode district · Asking £5,242/m² · Sep 2026
WD18Postcode district · Asking £4,917/m² · Sep 2026
WD24Postcode district · Asking £5,570/m² · Sep 2026
BroxbourneNeighbouring local authority · Asking £5,185/m² · Sep 2026
DacorumNeighbouring local authority · Asking £5,804/m² · Sep 2026
East HertfordshireNeighbouring local authority · Asking £5,618/m² · Sep 2026
HertsmereNeighbouring local authority · Asking £6,166/m² · Sep 2026
North HertfordshireNeighbouring local authority · Asking £5,124/m² · Sep 2026
St. AlbansNeighbouring local authority · Asking £7,540/m² · Sep 2026
StevenageNeighbouring local authority · Asking £4,402/m² · Sep 2026
Three RiversNeighbouring local authority · Asking £6,716/m² · Sep 2026
Questions about Watford
What is the median house price in Watford?
Homes in Watford sold for a median £438,773 over the 12 months to Jun 2026, 694 sales. Per square metre that is £5,388/m². Registered completions, not asking prices.
What is the average rent in Watford?
Homes to let in Watford asked a median £1,506/month over the 12 months to Sep 2026, 1,643 lets. Asking rent, not the rent agreed.
What is the gross rental yield in Watford?
5.2% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Sep 2026, 4,244 lets. -3.1% on the previous 12 months.
How quickly do homes sell in Watford?
1.5% of the homes in Watford changed hands over the 12 months to Mar 2026, 679 sales.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.