diff --git a/localized_fields/value.py b/localized_fields/value.py
index b2c30b9..1e78577 100644
--- a/localized_fields/value.py
+++ b/localized_fields/value.py
@@ -1,7 +1,7 @@
+import deprecation
 import collections
 
 from typing import Optional
-
 from django.conf import settings
 from django.utils import translation
 
@@ -194,6 +194,9 @@ class LocalizedFileValue(LocalizedValue):
         """Returns string representation of value"""
         return str(super().__str__())
 
+    @deprecation.deprecated(deprecated_in='4.6', removed_in='5.0',
+                            current_version='4.6',
+                            details='Use the translate() function instead.')
     def localized(self):
         """Returns value for current language"""
         return self.get(translation.get_language())
diff --git a/requirements/base.txt b/requirements/base.txt
index a296f09..a23e0fb 100644
--- a/requirements/base.txt
+++ b/requirements/base.txt
@@ -1 +1,2 @@
 django-postgres-extra==1.21a9
+deprecation==2.0.3