Cedar Road, Watford, WD19

Street Guide For Cedar Road, Watford, WD19

 

Cedar Road, Watford, WD19 Map

Estimated Price: £609,831
Average Asking Price: £504,963
Price change in last one year: £69,876
Average Price Paid: £461,756
Average Rent Rates: £1,143

 

Property Prices Breakdown in Cedar Road, Watford, WD19

Average Price for property in Cedar Road, Watford, WD19 is around £609,831 which varies based on type of property you are interested in and ranges from £660,895 for detached house to around £577,005 for semi-detached. Values have been changing and have risen £5,023 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,820 in last 6 months, £69,876 in last 1 year, £98,399 in last 2 years, £124,542 in last 3 years, £118,276 in last 4 years and £132,065 in last 5 years.

Currently average asking price of a property in Cedar Road, Watford, WD19 is around £504,963 based on approximately 2 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £1,143 per month.

Estimated property value in Cedar Road, Watford, WD19 is £609,831. Average asking price is £504,963 while average price paid is £507,775 which is up by £69,876 and Avg. asking rent £1,143.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 Cedar Road, Watford, WD19 area. In last 1 year alone average price buyer paid is around £507,775 based on approximately 2 sales in Cedar Road, Watford, WD19 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £435,762. 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 £461,756 for 8 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £462,672 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 1 bedroom is around £237,500, £299,990 for a 2 bedroom house, £436,567 for a 3 bedroom house, £546,490 for a 4 bedroom house and £860,000 for a 5 bedroom house. For a flat similarly the prices varies from £181,869 for a single bedroom to £239,983 for a 2 bedroom Flat. To sum up the asking prices for properties in Cedar Road, Watford, WD19 it comes to around average £192,995 for 1 bedroom property, £286,142 for 2 bedroom, £436,567 for 3 bedroom, £546,490 for 4 bedroom and £860,000 for a 5 bedroom property.

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 £901 for 1 bedroom to £1,329 for 2 bedroom and £1,445 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £844. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,199. You should be generally be expecting around average £863 rent per month for single bedroom property, £1,271 for 2 bedroom and approximately £1,445 for 3 bedroom property in Cedar Road, Watford, WD19 area.

Popular Houses in Cedar Road, Watford, WD19

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 Cedar Road, Watford, WD19