Residential dwellings
13,194
Addressable residential units in the area (OS AddressBase).
WD18 rents and yields
Asking rent £1,459/month · Gross yield 6.1% · 12 months, listings to Sep 2026
What is WD18?
WD18: residential dwellings 13,194.
HMO-shaped dwellings
6.3%
WD18 has the highest HMO-shaped dwellings of the 3 neighbouring postcode districts compared.
Share of dwellings OS AddressBase classifies RH01/RH02/RH03: laid out as a house in multiple occupation. A statement about built form, not about a licence.
- Buildings
- 7,222
- Mixed-use buildings
- 2.8%
- HMO-shaped units
- 5.7%
- EPC A or B
- 27%
- EPC D or worse
- 38%
What does WD18 earn?
WD18: asking rent £1,459/month (12 months to Sep 2026, 563 lets).
Asking rent
£1,459/month 12 months to Sep 2026
563 lets
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, 563 lets.
Gross yield, asking basis
6.1% 12 months to Sep 2026
2,434 lets
-3.9% 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, 2,434 lets.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
277 on 6 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 6 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
How does WD18 vary by home size?
Asking rent in WD18 runs from £1,494/month for 1 bedroom to £2,239/month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £1,494/month | 12 months to Sep 2026 | -1.8% on the previous 12 months | 1033 |
| 2 bedrooms | £2,119/month | 12 months to Sep 2026 | +1.8% on the previous 12 months | 1086 |
| 3 bedrooms | £2,239/month | 12 months to Sep 2026 | -18.2% on the previous 12 months | 165 |
| 4 bedrooms | Not published | — | — | — |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings 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.
Who owns WD18?
Corporate landlords hold 79% of the 543 units in WD18 whose freeholder is classified; 96% of all units are not yet classified.
- Corporate landlords79% of classified · 430 units
- Housing associations11% of classified · 61 units
- Individuals (not traceable in bulk)7.7% of classified · 42 units
- RMC1.8% of classified · 10 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 WD18 rank?
WD18 ranks 2nd of 3 postcode districts in Watford for asking rent, at £1,459/month.
Asking rent · postcode districts in Watford
WD18 ranks 2nd of 3 postcode districts in Watford for asking rent, at £1,459/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | WD17 | £1,498/month | 12 months to Sep 2026 · from monthly figures | 455 | measured |
| 2 | WD18 | £1,459/month | 12 months to Sep 2026 · from monthly figures | 563 | measured |
| 3 | WD24 | £1,437/month | 12 months to Sep 2026 · from monthly figures | 432 | measured |
Gross yield, asking basis · postcode districts in Watford
WD18 ranks 1st of 3 postcode districts in Watford for gross yield, asking basis, at 6.1%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | WD18 | 6.1% | 12 months to Sep 2026 · from monthly figures | 2,434 | measured |
| 2 | WD17 | 4.8% | 12 months to Sep 2026 · from monthly figures | 1,044 | measured |
| 3 | WD24 | 4.4% | 12 months to Sep 2026 · from monthly figures | 766 | measured |
Where next from WD18?
- WatfordThe wider market this area sits in.
- WD17Neighbouring postcode district · Asking £5,242/m² · Sep 2026
- WD24Neighbouring postcode district · Asking £5,570/m² · Sep 2026
- HA6Next door, in another authority · Asking £7,423/m² · Sep 2026
- WD19Next door, in another authority · Asking £6,725/m² · Sep 2026
- WD3Next door, in another authority · Asking £7,202/m² · Sep 2026
- WD23Next door, in another authority · Asking £5,976/m² · Sep 2026
Questions about WD18
- What is the average rent in WD18?
- Homes to let in WD18 asked a median £1,459/month over the 12 months to Sep 2026, 563 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in WD18?
- 6.1% 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, 2,434 lets. -3.9% on the previous 12 months.
- What kind of homes are in WD18?
- WD18 has 13,194 homes, 6.3% laid out as houses in multiple occupation.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
Everything else about WD18
- Property values in WD18Every addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in WD18Registered land with its area, tenure and what stands on it.
- Houses and flats for sale in WD18What is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in WD18What is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in WD18Registered completions from Price Paid, newest first.
- Planning applications in WD18What was proposed, who decided it and whether it was approved.
- Estate agents in WD18Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Residential dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| HMO-shaped dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 563 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 2,434 lets |
| Homes to rent | Portal listings; observed forwards from 5 Sep 2026 | on 6 Nov 2026 | 6 Nov 2026 | — |