Key indicators for buyers
The WD23 market is moderately favourable for buyers. Prices have softened (-7.3%), which could present a buying opportunity. Affordability has improved from a peak of 15.5x in 2021 to 11.9x today. Rising rents (£1,787/mo, +3.4%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Hertsmere area
A home in Hertsmere costs 11.9x the local median salary — very stretched, improving from a peak of 15.5x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Hertsmere area
Average monthly rent in Hertsmere is £1,787, up 3.4% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Hertsmere price of £593,200 with a 25% deposit (£148k), a 2-year fixed mortgage at 3.97% costs around £2,341 per month.
Monthly cost comparison based on current data
Uses WD23 avg. price with Hertsmere rental data
Monthly mortgage payments (£2,341) are £554 more than renting (£1,787). However, buying requires an upfront deposit of £148k — it would take around 15 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
FLAT 5, HAWTHORN HOUSE, 1, PLANTATION CLOSE WD23 2PG | Flat/Maisonette | £328,000 | 22 Jan 2026 |
35, CLAY LANE, BUSHEY HEATH WD23 1NZ | Detached | £805,000 | 16 Jan 2026 |
9, PAYNESFIELD ROAD, BUSHEY HEATH WD23 1PQ | Detached | £810,000 | 16 Jan 2026 |
48, THE FOUR TUBS WD23 4SJ | Flat/Maisonette | £388,000 | 15 Jan 2026 |
17, WALTON ROAD WD23 2JE | Semi-detached | £375,000 | 15 Jan 2026 |
FLAT 1, LULULAUND COURT, 43, MELBOURNE ROAD WD23 3LL | Flat/Maisonette | £600,000 | 15 Jan 2026 |
68A, CHILTERN AVENUE WD23 4RG |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in WD23 sold for £593,200 in 2026, with a median of £605,500 across 10 transactions. Prices fell 7.3% compared to the previous year.
| Semi-detached |
| £611,000 |
| 9 Jan 2026 |
36, HIGHFIELD ROAD WD23 2HD | Terraced | £805,000 | 9 Jan 2026 |
FLAT 21, THE VALE, VALE ROAD WD23 2FT | Flat/Maisonette | £360,000 | 5 Jan 2026 |
5, GOLF CLOSE WD23 2DF | Semi-detached | £850,000 | 5 Jan 2026 |
7, IVINGHOE ROAD WD23 4SW | Detached | £810,000 | 19 Dec 2025 |
3, WINDMILL LANE, BUSHEY HEATH WD23 1NQ | Terraced | £650,000 | 19 Dec 2025 |
29, RUTHERFORD WAY, BUSHEY HEATH WD23 1NJ | Semi-detached | £625,000 | 18 Dec 2025 |
27, COTSWOLD AVENUE WD23 4QJ | Flat/Maisonette | £275,000 | 18 Dec 2025 |
4, HASTINGS WAY WD23 2JX | Terraced | £520,000 | 18 Dec 2025 |
1, WARREN ROAD, BUSHEY HEATH WD23 1HU | Detached | £1,130,000 | 18 Dec 2025 |
9, BURCHELL COURT, CATSEY LANE WD23 4HZ | Flat/Maisonette | £440,000 | 18 Dec 2025 |
12, KIMBLE CRESCENT WD23 4SR | Semi-detached | £725,000 | 18 Dec 2025 |
41, MOAT VIEW COURT WD23 3TH | Flat/Maisonette | £110,000 | 17 Dec 2025 |
17, SISKIN CLOSE WD23 2HN | Flat/Maisonette | £200,000 | 17 Dec 2025 |
The most recent recorded sale in WD23 was a flat/maisonette property on Plantation Close for £328,000 in January 2026. Across the last 20 sales, the median price was £611,000.