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Watford · report

New homes in Watford

97.4% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
10
Per 1,000 residents
0.1

Homes started in Watford

Homes started over the previous 12 months, at each quarter.

  • Watford
  • Ten-year average
Show the numbers
PeriodWatford
Jun 202610
Mar 202610
Dec 202510
Sep 20250
Jun 20250
Mar 20250
Dec 2024370
Sep 2024370
Jun 2024370
Mar 2024380
Dec 202330
Sep 202340
Jun 2023100
Mar 2023550
Dec 2022590
Sep 2022910
Jun 2022860
Mar 2022470
Dec 20211,370
Sep 20211,090
Jun 20211,090
Mar 20211,020
Dec 2020210
Sep 2020170
Jun 2020750
Mar 2020810
Dec 2019670
Sep 2019670
Jun 2019190
Mar 2019180
Dec 2018180
Sep 2018280
Jun 2018290
Mar 2018280
Dec 2017350
Sep 2017250
Jun 2017160
Mar 2017150
Dec 2016150
Sep 2016160
Jun 2016210
Mar 2016260
Dec 2015220
Sep 2015230
Jun 2015160
Mar 2015100
Dec 201490
Sep 2014110
Jun 2014120
Mar 2014160
Dec 2013170
Sep 2013160
Jun 2013260
Mar 2013240
Dec 2012250
Sep 2012290
Jun 2012200
Mar 2012220
Dec 2011330
Sep 2011360
Jun 2011370
Mar 2011380
Dec 2010290
Sep 2010210
Jun 2010170
Mar 2010110
Dec 200940
Sep 2009170
Jun 2009290
Mar 2009530
Dec 2008770
Sep 2008720
Jun 2008690
Mar 2008480
Dec 2007280
Sep 2007180
Jun 2007190
Mar 2007240
Dec 2006240
Sep 2006280
Jun 2006360
Mar 2006290
Dec 2005340

A start is the first count of a new home in the UK: no nation counts homes granted planning permission. Most starts are finished one to two years later. England's and Wales's counts come from building control, which misses some homes; Scotland counts housing association approvals as starts; Northern Ireland's begin in 2015.

Other reports for Watford

Sale prices have an 80% chance of landing between £391,099 and £463,623 by August 2027.

Expected, August 2027
£427,361
Chance of a rise
75%

At the average sale price, a home costs £408,659. With 10% down and a 30-year mortgage, the payment is £1,885 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
26%
Payment, one income
52%

Owning and renting the average home cost about the same each month. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£1,834
Owning per month
£1,924

Figures for United Kingdom: Watford has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

Sale prices have fallen by 3% or more 9 times since 1995. The deepest began in August 2007.

Deepest fall
−20.7%
Recovery from the low
52 months

In 2025 the population grew by 842 while 260 homes were finished: 3.2 new residents for every new home.

New residents per new home, 2025
3.2
Population change, 2025
+842

5.0% of the 41,411 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
5.0%
Empty homes
2,070

In 2025, 4% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
4%