House prices in Watford have gone down by an average of over £2,000 in the month of September, according to figures from the Land Registry.

The latest data from the government department reveals that in September 2022 average house prices in Watford reached £394,417.

This was down from £396,613 in July, representing a 1.0 per cent decrease. In the last 12 months it has risen by 6.7 per cent.

If you are interested in buying or renting a home, you can see the latest properties in and around Watford here.

How much have house prices decreased in Watford?

Breaking it down for specific types of housing, all prices saw a decrease.

  • Detached houses - Down to £959,992 from £964,925 in July
  • Semi-detached houses - Down to £538,465 from £539,095 in July
  • Terraced houses - Down to £426,350 from £426,918 in July
  • Flats - Down to £274,697 from £278,665 in July

Watford Observer: What are the latest house prices in Watford ? (PA)What are the latest house prices in Watford ? (PA)

How do Watford house prices compare to the UK average?

Despite the fall in prices this month, Watford is still well above the UK average with a typical property value in the nations reaching £294,559 in September.

In cash terms, the average house price in September was £25,556 higher than a year earlier with house price growth accelerating to 9.5 per cent in September 2022.  Prices were down by -0.0 per cent month on month.

How much could your house be worth?

We have created this map for the East of England so you can see the average house price in each neighbourhood since 1995.

Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.

The above map can demonstrate which areas of Watford are the most expensive for average house prices.