Watford Property Prices and Rents
A quick local authority snapshot for prices, rents, local incomes and market direction. Use the deeper market pages for sales, rental and affordability evidence.
Watford market at a glance
Page refreshed 5 July 2026Average house price£387,493
MoM +0.9%YoY +0.4%
Average private rent£1,814
MoM +0.1%YoY +4.0%
Median annual pay£45,344ASHE 2025
Employment rate74.9%Aged 16-64
What this means
Watford house prices are rising modestly compared with last year. Rent and wage data help compare local affordability and demand.
Data freshness
- House price data
- April 2026
- Rent data
- May 2026
- Pay data
- Jan 2025-Dec 2025 / ASHE 2025
Official price trend
All homes UK HPI series, last 5Y.
All homes average price was £387,493 in April 2026, 0.9% up over the month and 0.4% up over the year.
Monthly movementUp 0.9%From £384,081 last month
Annual movementUp 0.4%From £385,865 last year
| Month | Average price | Monthly change | Annual change |
|---|---|---|---|
| Month: May 2025 | Average: £386,890 | Monthly: +0.3% | Annual: -0.6% |
| Month: June 2025 | Average: £385,464 | Monthly: -0.4% | Annual: -1.7% |
| Month: July 2025 | Average: £407,141 | Monthly: +5.6% | Annual: +4.3% |
| Month: August 2025 | Average: £409,417 | Monthly: +0.6% | Annual: +6.8% |
| Month: September 2025 | Average: £405,958 | Monthly: -0.8% | Annual: +4.2% |
| Month: October 2025 | Average: £398,458 | Monthly: -1.8% | Annual: +1.2% |
| Month: November 2025 | Average: £395,923 | Monthly: -0.6% | Annual: -1.6% |
| Month: December 2025 | Average: £397,005 | Monthly: +0.3% | Annual: -1.4% |
| Month: January 2026 | Average: £391,877 | Monthly: -1.3% | Annual: -3.2% |
| Month: February 2026 | Average: £392,339 | Monthly: +0.1% | Annual: -1.8% |
| Month: March 2026 | Average: £384,081 | Monthly: -2.1% | Annual: -4.6% |
| Month: April 2026 | Average: £387,493 | Monthly: +0.9% | Annual: +0.4% |
Continue Watford Research
House Prices And Sold-Price Evidence
UK HPI shows £387,493 for April 2026, with raw completed-sale evidence from HM Land Registry.
Open pageRents, Yield And Rental DemandONS private rents show £1,814 average rent, with an indicative gross yield signal.
Open pageWages, Employment And AffordabilityMedian resident pay is £45,344 and helps compare local affordability.
Open pageWatford Property GuidesOpen local-authority-specific guides that explain how to use the data safely.
Open pageSources of this data
UK House Price Index (ONS) · Office for National Statistics Private Rent Index · ASHE earnings data
Official property market data is usually delayed because figures are published after the reporting month has ended.
Watford market commentary
What the latest official data may mean for buyers, renters and investors.
Watford’s average house price stood at £387,493 in April 2026, according to the latest UK House Price Index. That is up 0.9% on the month.
It is also 0.4% higher than a year earlier. So the market has edged back into positive annual growth after a weaker spell.
Watford’s private rental market edged higher in May 2026. The ONS Price Index of Private Rents shows the average monthly rent at £1,814.
That is up from £1,811 in April, so rents rose by 0.1% month on month. It is a small increase, but it keeps the upward trend in place.
Watford’s resident labour market looks fairly solid in the latest ONS and Nomis data, with a clear earnings advantage over Great Britain. The city had a resident population of 107,171 in 2024, so this is a sizeable local labour market rather than a small commuter town snapshot.