Merton Road - WD18 0WY
Key Postcode Insights
WD18 0WY is a residential postcode situated on Merton Road, Watford, WD18 with 31 addresses.
It ranks as the 361st largest and 205th most expensive of the 517 postcodes in the WD18 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 31 properties: 24 houses and 7 flats.
- Ave. Sale Price
- £303,553
- 10 Year change
- down 1.5%
- Ave. Rental Price
- £1,663pcm
- 10 Year change
- up 40.7%
- Ave. £ per ft²
- £515/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
WD18 0WY is a residential postcode situated on Merton Road, Watford, WD18 with 31 addresses.
It ranks as the 361st largest and 205th most expensive of the 517 postcodes in the WD18 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 31 properties: 24 houses and 7 flats.
- Ave. Sale Price
- £303,553
- 10 Year change
- down 1.5%
- Ave. Rental Price
- £1,663pcm
- 10 Year change
- up 40.7%
- Ave. £ per ft²
- £515/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin WD18 0WY
- 14 Merton Road
2 Bed Period House
- 16 Merton Road
2 Bed Period House
- 18 Merton Road
2 Bed Period House
- 20 Merton Road
2 Bed Period House
- 22 Merton Road
2 Bed Period House
Sales Market Trends
The last sale in WD18 0WY sold for £322,000 on 1st September 2023. Since then prices are down an average of 4.4%.
The current average value in the postcode is £303,553.
The WD18 0WY Sales Market has decreased by 1.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £303,553 |
| June 2025 | -1.1% | £311,231 |
| June 2024 | -1.7% | £314,651 |
| June 2023 | 1.6% | £320,189 |
| June 2022 | 2.1% | £315,227 |
| June 2021 | 2.1% | £308,615 |
| June 2020 | 0.3% | £302,165 |
| June 2019 | -0.9% | £301,193 |
| June 2018 | -3% | £303,892 |
| June 2017 | 1.6% | £313,283 |
| June 2016 | 16.1% | £308,257 |
| June 2015 | 16.2% | £265,498 |
| June 2014 | 14.5% | £228,536 |
| June 2013 | 1.9% | £199,561 |
| June 2012 | 0.7% | £195,868 |
| June 2011 | 1.2% | £194,440 |
| June 2010 | 9.4% | £192,165 |
| June 2009 | -11.1% | £175,694 |
| June 2008 | -1.9% | £197,523 |
| June 2007 | 0% | £201,421 |
Rental Market Trends
The current average rental value in the postcode is £1,663.
The WD18 0WY Rental Market has increased by 40.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,663pcm |
| June 2025 | 1.6% | £1,613pcm |
| June 2024 | 7.5% | £1,587pcm |
| June 2023 | 12% | £1,476pcm |
| June 2022 | 6.5% | £1,318pcm |
| June 2021 | 4.7% | £1,237pcm |
| June 2020 | 2.3% | £1,182pcm |
| June 2019 | 0.5% | £1,156pcm |
| June 2018 | -0.9% | £1,150pcm |
| June 2017 | -1.8% | £1,161pcm |
| June 2016 | 4.1% | £1,182pcm |
| June 2015 | 7.3% | £1,136pcm |
| June 2014 | 7.1% | £1,059pcm |
| June 2013 | 2.6% | £989pcm |
| June 2012 | 2.9% | £963pcm |
| June 2011 | 6% | £936pcm |
| June 2010 | 5.6% | £883pcm |
| June 2009 | -6.4% | £836pcm |
| June 2008 | 3.1% | £893pcm |
| June 2007 | 0% | £866pcm |
Sales History
The last sale was on 1st September 2023 for £322,000 and since then the market in the area has decreased by 4.4%. The postcode has had a total of 49 sales since 1995.
WD18 0WY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Sep 2023£322,000 | 2 Bed House34, Merton Road, Watford, WD18 0WY34, Merton Road, Watford, WD18 0WY
- Sold Nov 2022£283,000 | 2 Bed House40, Merton Road, Watford, WD18 0WY40, Merton Road, Watford, WD18 0WY
- Sold Sep 2022£325,000 | 2 Bed House48, Merton Road, Watford, WD18 0WY48, Merton Road, Watford, WD18 0WY
- Sold Oct 2021£700,000 | 3 Bed Flat80-82, Merton Road, Watford, WD18 0WY80-82, Merton Road, Watford, WD18 0WY
- Sold Aug 2018£293,000 | 2 Bed House14, Merton Road, Watford, WD18 0WY14, Merton Road, Watford, WD18 0WY
Nearby Postcodes
WD18 0WY is the 361st largest and the 205th most expensive postcode out of the 517 postcodes in the WD18 area.
- WD18 0RB, Fearnley Street, Watford, WD18WD18 0RB34 Addresses|43 m away
- WD18 0WU, Merton Road, Watford, WD18WD18 0WU18 Addresses|56 m away
- WD18 0PT, Market Street, Watford, WD18WD18 0PT22 Addresses|64 m away
- WD18 0RD, Fearnley Street, Watford, WD18WD18 0RD43 Addresses|77 m away
- WD18 0EJ, Vicarage Road, Watford, WD18WD18 0EJ13 Addresses|92 m away
Property Types
- 16 period houses built between 1800 and 1911
- 7 period flats built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 7 other addresses of unknown type
- period house (16)
- period flat (7)
- mid-century house (1)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 22 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (7)
- G (0)
- D (13)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Oct 2021£700,000 | 3 Bed Flat80-82, Merton Road, Watford, WD18 0WY80-82, Merton Road, Watford, WD18 0WY
- Sold Dec 2025£360,000 | 2 Bed House15, Merton Road, Watford, WD18 0WU15, Merton Road, Watford, WD18 0WU
- Sold Mar 2021£335,000 | 3 Bed House23, Merton Road, Watford, WD18 0WU23, Merton Road, Watford, WD18 0WU
Schools Nearby
- Chater Junior School200 m away
- Chater Infant School500 m away
- Watford St John's Church of England Primary School600 m away
- Watford Grammar School for Girls200 m away
- Watford Grammar School for Boys1.0 km away
- Westfield Academy1.3 km away
More reading links
Public Transport Nearby
The closest station to WD18 0WY is Watford High Street station, which is 600 metres away.
- Watford High Street|600 m away
- Watford Junction|1.2 km away
- Bushey|1.3 km away
