Cannon Road, Watford, WD18

Street Guide For Cannon Road, Watford, WD18

 
 

Cannon Road, Watford, WD18 Map

Estimated Price: £301,135
Average Asking Price: £332,364
Price change in last one year: £29,877
Average Price Paid: £220,615
Average Rent Rates: £1,733

Free House valuation

 

Property Prices Breakdown in Cannon Road, Watford, WD18

Values have been changing and have risen £1,851 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,061 in last 6 months, £29,877 in last 1 year, £41,700 in last 2 years, £58,449 in last 3 years, £56,263 in last 4 years and £57,680 in last 5 years.

Currently average asking price of a property in Cannon Road, Watford, WD18 is around £332,364 based on approximately 3 properties for sale. Same is the case with rental options based on 103 properties up for rent, average asking rent is around £1,733 per month.

Estimated property value in Cannon Road, Watford, WD18 is £301,135. Average asking price is £332,364 while average price paid is £250,000 which is up by £29,877 and Avg. asking rent £1,733.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Cannon Road, Watford, WD18 area. In last 1 year alone average price buyer paid is around £250,000 based on approximately 3 sales in Cannon Road, Watford, WD18 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £225,388. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £220,615 for 13 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £220,571 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £352,500, £380,943 for a 3 bedroom house and £564,286 for a 4 bedroom house. For a flat similarly the prices varies from £186,371 for a single bedroom to £292,100 for a 2 bedroom Flat. To sum up the asking prices for properties in Cannon Road, Watford, WD18 it comes to around average £186,371 for 1 bedroom property, £304,180 for 2 bedroom, £380,943 for 3 bedroom and £564,286 for 4 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £608 for 1 bedroom to £1,208 for 2 bedrooms, £1,476 for 3 bedrooms, £1,551 for 4 bedrooms and £2,401 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £838. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,123 and £1,248 for 3 bedroom. You should be generally be expecting around average £800 rent per month for single bedroom property, £1,136 for 2 bedroom, £1,457 for 3 bedroom, £1,551 for 4 bedroom and approximately £2,401 for a 5 bedroom property in Cannon Road, Watford, WD18 area.

Popular Houses in Cannon Road, Watford, WD18

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Cannon Road, Watford, WD18