Values have been changing and have risen £1,649 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,862 in last 6 months, £22,915 in last 1 year, £32,270 in last 2 years, £40,845 in last 3 years, £38,795 in last 4 years and £43,319 in last 5 years.
Currently average asking price of a property in Otley Way, 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 Otley Way, Watford, WD19 is £199,678. Average asking price is £504,963 while average price paid is £122,475 which is up by £22,915 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 Otley Way, Watford, WD19 area. In last 1 year alone average price buyer paid is around £122,475 based on approximately 2 sales in Otley Way, Watford, WD19 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £117,725. 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 £137,650 for 6 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £130,085 per sale.