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.