Chelmsford vs Watford: buying or renting a home
A typical terraced house costs £62,500 (17%) more in Watford than in Chelmsford. Measured against local pay, buying is harder in Watford: it takes 9.8× median annual pay, against 7.8× in Chelmsford.
At a glance
| Chelmsford | Watford | |
|---|---|---|
| Buying a home | Expensive | Expensive |
| Renting a home | Expensive | Very expensive |
| Recorded crime | About average | About average |
Buying rates the typical price of all homes against median pay; renting rates a year of average rent against median pay; crime rates recorded crime per resident against the England and Wales average.
What the numbers say
Median full-time pay in Watford (£43,219) is 6% lower than in Chelmsford (£46,179), while a typical terraced house costs 17% more (£422,500 against £360,000). Set against local pay, Chelmsford is the easier of the two for a typical earner to buy in.
Buying a terraced house takes 7.8× annual pay in Chelmsford and 9.8× in Watford. Renting one takes 36% of pay in Chelmsford and 49% in Watford. Both are harder in Watford, and the gap is wider for renting.
Across all property types and measured against pay, Chelmsford is the 103rd most expensive of 316 areas to buy in, and Watford is the 66th most expensive of 316 areas. For renting against pay, Chelmsford is the 107th most expensive of 316 areas and Watford is the 23rd most expensive of 316 areas.
Someone on £40,000 in Chelmsford would need about £47,000 in Watford to be equally placed to buy a terraced house, and about £51,000 to be equally placed to rent one. Keeping the same pay after a move to Watford would leave you worse placed to buy. These figures compare housing costs only; they ignore other living costs and the pay you could earn in a new job.
Police recorded 70.4 crimes per 1,000 residents in Chelmsford and 86.7 in Watford, so recorded crime per resident is 23% higher in Watford. The biggest difference is in vehicle offences: 3.2 per 1,000 in Chelmsford against 5.7 in Watford.
Can a typical earner buy?
| Terraced house | Chelmsford | Watford |
|---|---|---|
| Median full-time pay | £46,179 | £43,219 |
| House price ÷ pay | 7.8× | 9.8× |
| Median pay as a share of income typically needed to buy | 64% | 51% |
| Rent a year as a share of median pay | 36% | 49% |
Buying, by property type
| Type | Chelmsford | Watford | Difference |
|---|---|---|---|
| Semi-detached | £430,000 | £560,000 | +30% in Watford |
| Terraced | £360,000 | £422,500 | +17% in Watford |
| Flat | £216,000 | £266,000 | +23% in Watford |
Renting, by property type
| Type (average rent a month) | Chelmsford | Watford | Difference |
|---|---|---|---|
| Semi-detached | £1,521 | £2,015 | +32% in Watford |
| Terraced | £1,370 | £1,748 | +28% in Watford |
| Flat | £1,210 | £1,434 | +19% in Watford |
Crime
Police recorded 70.4 crimes per 1,000 residents in Chelmsford and 86.7 in Watford, so recorded crime per resident is 23% higher in Watford.
| Police recorded crime per 1,000 residents | Chelmsford | Watford | Difference |
|---|---|---|---|
| All recorded crime (excluding fraud) | 70.4 | 86.7 | +23% in Watford |
| Violence against the person | 29.3 | 33.5 | +14% in Watford |
| Sexual offences | 3.2 | 3.0 | -4% in Watford |
| Robbery | 0.6 | 1.3 | +98% in Watford |
| Residential burglary (per 1,000 households) | 5.3 | 5.4 | +1% in Watford |
| Vehicle offences | 3.2 | 5.7 | +78% in Watford |
| Theft from the person | 0.6 | 1.8 | +184% in Watford |
| Criminal damage and arson | 4.9 | 6.8 | +38% in Watford |
Rates use resident population, so city centres and student areas show higher crime per resident than residents experience. Recorded crime also depends on reporting and police recording practice.
How prices have changed in each area
Average house price for all property types, indexed so that 2005 is 100. A line at 200 means prices have doubled.
Show the figures
| Year | Chelmsford | Watford |
|---|---|---|
| 2005 | 100 | 100 |
| 2006 | 104 | 105 |
| 2007 | 115 | 117 |
| 2008 | 112 | 114 |
| 2009 | 101 | 103 |
| 2010 | 110 | 110 |
| 2011 | 110 | 112 |
| 2012 | 112 | 115 |
| 2013 | 115 | 120 |
| 2014 | 127 | 136 |
| 2015 | 139 | 154 |
| 2016 | 155 | 178 |
| 2017 | 165 | 186 |
| 2018 | 168 | 183 |
| 2019 | 171 | 179 |
| 2020 | 170 | 184 |
| 2021 | 179 | 195 |
| 2022 | 197 | 208 |
| 2023 | 195 | 206 |
| 2024 | 192 | 200 |
| 2025 | 198 | 203 |
| 12 months to July 2026 | 198 | 203 |
In 2005 the average home cost £191,903 in Chelmsford and £195,889 in Watford. Now it is £380,645 and £397,855: Chelmsford is up 98% and Watford is up 103%.
Buying a home against local pay, over time
Average house price divided by median full-time pay. Higher means harder to afford.
Show the figures
| Year | Chelmsford | Watford |
|---|---|---|
| 2005 | 7.0 years of pay | 6.7 years of pay |
| 2010 | 7.0 years of pay | 6.9 years of pay |
| 2015 | 8.4 years of pay | 9.4 years of pay |
| 2020 | 9.3 years of pay | 10.3 years of pay |
| 2025 | 8.2 years of pay | 9.2 years of pay |
In 2005 a home cost 7.0 years of pay in Chelmsford and 6.7 years in Watford. In 2025 it was 8.2 years and 9.2 years.
Affordability has worsened more in Watford over that time.
How rents have changed in each area
Average monthly rent for all property types, indexed so that 2015 is 100.
Show the figures
| Year | Chelmsford | Watford |
|---|---|---|
| 2015 | 100 | 100 |
| 2016 | 105 | 108 |
| 2017 | 110 | 113 |
| 2018 | 113 | 113 |
| 2019 | 115 | 113 |
| 2020 | 116 | 114 |
| 2021 | 121 | 118 |
| 2022 | 126 | 124 |
| 2023 | 133 | 132 |
| 2024 | 142 | 144 |
| 2025 | 155 | 152 |
| August 2026 | 162 | 157 |
In 2015 the average rent was £891 a month in Chelmsford and £1,163 in Watford. Now it is £1,439 and £1,829: up 62% in Chelmsford and up 57% in Watford.
What your salary is worth in each area
Salary needed to afford the same kind of home (terraced), going by median prices and average rents.
Moving from Chelmsford to Watford
| Earning in Chelmsford | Equivalent to buy in Watford | Equivalent to rent in Watford |
|---|---|---|
| £30,000 | £35,000 | £38,500 |
| £40,000 | £47,000 | £51,000 |
| £50,000 | £58,500 | £64,000 |
| £60,000 | £70,500 | £76,500 |
Moving from Watford to Chelmsford
| Earning in Watford | Equivalent to buy in Chelmsford | Equivalent to rent in Chelmsford |
|---|---|---|
| £30,000 | £25,500 | £23,500 |
| £40,000 | £34,000 | £31,500 |
| £50,000 | £42,500 | £39,000 |
| £60,000 | £51,000 | £47,000 |