Average Price for property in Watford is around £359,723 which varies based on type of property you are interested in and ranges from £688,977 for detached house to around £395,529 for semi-detached. Similarly terraced house is around £313,210 and a flat is worth £236,242. Values have been changing and have risen £1,530 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,621 in last 6 months, £37,693 in last 1 year, £50,967 in last 2 years, £65,001 in last 3 years, £63,073 in last 4 years and £65,290 in last 5 years.
Currently average asking price of a property in Watford is around £441,681 based on approximately 1,807 properties for sale. Same is the case with rental options based on 373 properties up for rent, average asking rent is around £1,778 per month.
Estimated property value in Watford is £359,723. Average asking price is £441,681 while average price paid is £303,585 which is up by £37,693 and Avg. asking rent £1,778.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 Watford area. In last 1 year alone average price buyer paid is around £303,585 based on approximately 1,807 sales in Watford area alone. If you compare it to last 3 years sales of 5,367 properties where buyers paid around £285,604. 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 £273,900 for 8,557 and average amount paid for purchase of approx. 11,370 properties sold in last 7 years comes to about £267,215 per sale.