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WD local market report Watford

Every figure on this page comes from the public record: 148,229 sales registered with HM Land Registry in the WD postcode area (Watford) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to May 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

WD is the postcode area centred on Watford, taking in 11 districts. Figures this wide smooth over big local differences, so use the district reports below for anywhere specific.

Where WD sits

Click the map to open WD on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

HAUBALNWNENHPEIGWD
£460,000median sold price, 2026
+2%five-year change (cash)
2,743sales in the last 12 months
4.7%gross rental yield (est.)

What a home in WD sells for

The 2026 median in WD is £460,000, from 765 registered sales; the mean, £521,100, sits modestly above it, the usual shape of a market with an expensive tail.

For scale: the England and Wales median is £274,000, so WD trades 68% above the country as a whole.

The price of a typical WD home, 1995 to 2026

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£250k£500k£750k£1.00M1995200020052010201520202026 1995: £72,500 at the time · £153,923 in today's money · 4,252 sales1996: £75,000 at the time · £154,478 in today's money · 5,384 sales1997: £85,000 at the time · £170,247 in today's money · 6,036 sales1998: £96,000 at the time · £189,257 in today's money · 5,680 sales1999: £111,000 at the time · £216,051 in today's money · 6,530 sales2000: £125,000 at the time · £239,583 in today's money · 5,238 sales2001: £143,000 at the time · £268,490 in today's money · 6,210 sales2002: £167,000 at the time · £306,871 in today's money · 6,393 sales2003: £190,000 at the time · £341,851 in today's money · 5,561 sales2004: £210,000 at the time · £372,494 in today's money · 5,854 sales2005: £218,500 at the time · £379,761 in today's money · 4,877 sales2006: £230,000 at the time · £389,926 in today's money · 6,340 sales2007: £249,000 at the time · £412,509 in today's money · 6,377 sales2008: £246,500 at the time · £394,629 in today's money · 3,160 sales2009: £231,500 at the time · £363,447 in today's money · 3,221 sales2010: £250,000 at the time · £382,908 in today's money · 3,591 sales2011: £250,000 at the time · £368,590 in today's money · 3,637 sales2012: £250,000 at the time · £359,375 in today's money · 3,749 sales2013: £278,000 at the time · £390,672 in today's money · 4,337 sales2014: £310,000 at the time · £429,518 in today's money · 4,941 sales2015: £350,000 at the time · £483,000 in today's money · 4,890 sales2016: £390,000 at the time · £532,871 in today's money · 4,419 sales2017: £404,000 at the time · £538,147 in today's money · 4,287 sales2018: £410,000 at the time · £533,774 in today's money · 4,000 sales2019: £400,000 at the time · £512,059 in today's money · 4,132 sales2020: £435,000 at the time · £551,240 in today's money · 3,636 sales2021: £450,000 at the time · £556,452 in today's money · 5,435 sales2022: £460,000 at the time · £526,805 in today's money · 4,435 sales2023: £458,000 at the time · £491,477 in today's money · 3,356 sales2024: £460,800 at the time · £478,483 in today's money · 3,817 sales2025: £475,000 at the time · £475,000 in today's money · 3,689 sales2026: £460,000 at the time · £460,000 in today's money · 765 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£460,000£460,000765
2025£475,000£475,0003,689
2024£460,800£478,4833,817
2023£458,000£491,4773,356
2022£460,000£526,8054,435
2021£450,000£556,4525,435
2020£435,000£551,2403,636
2019£400,000£512,0594,132
2018£410,000£533,7744,000
2017£404,000£538,1474,287
2016£390,000£532,8714,419
2015£350,000£483,0004,890
2014£310,000£429,5184,941
2013£278,000£390,6724,337
2012£250,000£359,3753,749
2011£250,000£368,5903,637
2010£250,000£382,9083,591
2009£231,500£363,4473,221
2008£246,500£394,6293,160
2007£249,000£412,5096,377
2006£230,000£389,9266,340
2005£218,500£379,7614,877
2004£210,000£372,4945,854
2003£190,000£341,8515,561
2002£167,000£306,8716,393
2001£143,000£268,4906,210
2000£125,000£239,5835,238
1999£111,000£216,0516,530
1998£96,000£189,2575,680
1997£85,000£170,2476,036
1996£75,000£154,4785,384
1995£72,500£153,9234,252

In cash terms the typical WD home went from £72,500 in 1995 to £460,000 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 199%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2021; the current median sits about 17% below that. Someone who bought at the 2021 peak has not yet seen that price back in real terms.

Year-on-year change in the WD median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+20% -20% 0% 1996 · +3.4% on the year before1997 · +13.3% on the year before1998 · +12.9% on the year before1999 · +15.6% on the year before2000 · +12.6% on the year before2001 · +14.4% on the year before2002 · +16.8% on the year before2003 · +13.8% on the year before2004 · +10.5% on the year before2005 · +4.0% on the year before2006 · +5.3% on the year before2007 · +8.3% on the year before2008 · −1.0% on the year before2009 · −6.1% on the year before2010 · +8.0% on the year before2011 · +0.0% on the year before2012 · +0.0% on the year before2013 · +11.2% on the year before2014 · +11.5% on the year before2015 · +12.9% on the year before2016 · +11.4% on the year before2017 · +3.6% on the year before2018 · +1.5% on the year before2019 · −2.4% on the year before2020 · +8.8% on the year before2021 · +3.4% on the year before2022 · +2.2% on the year before2023 · −0.4% on the year before2024 · +0.6% on the year before2025 · +3.1% on the year before2026 · −3.2% on the year before200020052010201520202026

The strongest year on record here is 2002 (+16.8% on the year before); the weakest, 2009 (−6.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)−3.2%−3.2%
5 years (since 2021)+0.4%−3.7%
10 years (since 2016)+1.7%−1.5%
20 years (since 2006)+3.5%+0.8%

Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

5,00010k 1995: 4,252 sales1996: 5,384 sales1997: 6,036 sales1998: 5,680 sales1999: 6,530 sales2000: 5,238 sales2001: 6,210 sales2002: 6,393 sales2003: 5,561 sales2004: 5,854 sales2005: 4,877 sales2006: 6,340 sales2007: 6,377 sales2008: 3,160 sales2009: 3,221 sales2010: 3,591 sales2011: 3,637 sales2012: 3,749 sales2013: 4,337 sales2014: 4,941 sales2015: 4,890 sales2016: 4,419 sales2017: 4,287 sales2018: 4,000 sales2019: 4,132 sales2020: 3,636 sales2021: 5,435 sales2022: 4,435 sales2023: 3,356 sales2024: 3,817 sales2025: 3,689 sales2026: 765 sales1995200020052010201520202026

The last five years, month by month

Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.

1,0002,000 June 2021 · 1,133 sales registeredJuly 2021 · 159 sales registeredAugust 2021 · 285 sales registeredSeptember 2021 · 561 sales registeredOctober 2021 · 240 sales registeredNovember 2021 · 338 sales registeredDecember 2021 · 305 sales registeredJanuary 2022 · 310 sales registeredFebruary 2022 · 300 sales registeredMarch 2022 · 359 sales registeredApril 2022 · 341 sales registeredMay 2022 · 311 sales registeredJune 2022 · 402 sales registeredJuly 2022 · 433 sales registeredAugust 2022 · 365 sales registeredSeptember 2022 · 484 sales registeredOctober 2022 · 403 sales registeredNovember 2022 · 367 sales registeredDecember 2022 · 360 sales registeredJanuary 2023 · 268 sales registeredFebruary 2023 · 261 sales registeredMarch 2023 · 288 sales registeredApril 2023 · 227 sales registeredMay 2023 · 239 sales registeredJune 2023 · 310 sales registeredJuly 2023 · 293 sales registeredAugust 2023 · 303 sales registeredSeptember 2023 · 284 sales registeredOctober 2023 · 303 sales registeredNovember 2023 · 303 sales registeredDecember 2023 · 277 sales registeredJanuary 2024 · 250 sales registeredFebruary 2024 · 254 sales registeredMarch 2024 · 290 sales registeredApril 2024 · 229 sales registeredMay 2024 · 312 sales registeredJune 2024 · 306 sales registeredJuly 2024 · 363 sales registeredAugust 2024 · 341 sales registeredSeptember 2024 · 300 sales registeredOctober 2024 · 486 sales registeredNovember 2024 · 382 sales registeredDecember 2024 · 304 sales registeredJanuary 2025 · 282 sales registeredFebruary 2025 · 372 sales registeredMarch 2025 · 684 sales registeredApril 2025 · 138 sales registeredMay 2025 · 235 sales registeredJune 2025 · 252 sales registeredJuly 2025 · 333 sales registeredAugust 2025 · 335 sales registeredSeptember 2025 · 302 sales registeredOctober 2025 · 290 sales registeredNovember 2025 · 259 sales registeredDecember 2025 · 207 sales registeredJanuary 2026 · 142 sales registeredFebruary 2026 · 171 sales registeredMarch 2026 · 225 sales registeredApril 2026 · 168 sales registeredMay 2026 · 59 sales registered

WD recorded 2,743 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 5,856 sales a year before the financial crisis and 3,212 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around WD

WD falls under Watford, the local authority covering most of the WD area (parts fall under Three Rivers and Hertsmere, where rents differ), where the ONS puts the average private rent at £1,814 a month (May 2026 figures). A one-bed averages £1,256 a month here and a four-or-more-bed £2,634, so size does most of the work in setting the rent.

Average monthly rent by size, Watford

ONS Price Index of Private Rents, May 2026.

1 bed: £1,256 a month£1,2561 bed2 bed: £1,587 a month£1,5872 bed3 bed: £1,808 a month£1,8083 bed4+ bed: £2,634 a month£2,6344+ bed

Set against the £460,000 median sold price, £1,814 a month is £21,768 a year, a gross yield of 4.7%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will WD prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is roughly flat over five years in cash but down 17% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

Ladders and snakes: five-year risers and fallers

The spread across the WD area is the point: the same five years treated these districts very differently.

Five-year change in the median, WD area districts

The biggest risers and fallers in cash terms; every row links to that district's report.

WD25WD25 · +19% over five years · median £507,500+19%WD19WD19 · +7% over five years · median £438,000+7%WD24WD24 · +7% over five years · median £395,000+7%WD18WD18 · +6% over five years · median £370,000+6%WD3WD3 · +5% over five years · median £596,500+5%WD23WD23 · +3% over five years · median £545,000+3%WD5WD5 · +1% over five years · median £450,000+1%WD4WD4 · −2% over five years · median £535,000−2%WD6WD6 · −4% over five years · median £425,000−4%WD7WD7 · −27% over five years · median £606,300−27%

District by district

The area medians above hide a lot. Here is every WD district with enough sales to measure, dearest first; each links to its own full report.

DistrictMedian (2026)5-yearSales
WD7 Radlett, Shenley£606,300-27%38
WD3 Rickmansworth, Chorleywood£596,500+5%122
WD23 Bushey, Bushey Heath£545,000+3%91
WD4 Kings Langley, Chipperfield£535,000-2%40
WD25 Garston, Leavesden£507,500+19%66
WD5 Abbots Langley, Bedmond£450,000+1%29
WD19 Oxhey, South Oxhey£438,000+7%90
WD6 Borehamwood, Elstree£425,000-4%99
WD17 Watford town centre, Cassiobury£400,000+4%58
WD24 North Watford£395,000+7%69
WD18 West Watford, Holywell£370,000+6%63

Dig further

See every individual WD sale on the live map, mapped to the exact address, or the quick-reference WD price page. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.