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Hitchin House Prices

The average house price in Hitchin is £461,475 using HM Land Registry data.

The average property price increased by £62,272 (14.51%) over the last 5 years and increased by £12,446 (2.6%) over the last 12 months.

Over the last year, there were 397 residential property sales – a decrease of 106 transactions (-26.70%) relative to the previous year. The majority of house sales (86) were in the £308,000 - £426,000 range. Then came properties in the £190,000 - £308,000 range, where 84 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,380 (-2%).

In April 2024, there were 91 new estate agency instructions, 66 agreed home sales and 37 property price reductions.

5-Year Average Property Prices in Hitchin

14.51%

Property prices in Hitchin increased by 14.51% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Hitchin Over the Last Year

2.6%

Property prices in Hitchin increased by 2.6% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Hitchin - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Hitchin

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Hitchin

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Hitchin

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Hitchin since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Hitchin area since 1995.

Recent Property Sales in Hitchin

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
16 Campbell Close, Hitchin, Hertfordshire, SG4 0RH	£350,000	£312,000	-£38,000	08 Nov 2023	12 Mar 2024	125 Days
Apartment 9, Park House, Old Park Road, Hitchin, Hertfordshire, SG5 2JR	£320,000	£320,000	£00	10 Oct 2017	01 Mar 2024	2334 Days
10 High Dane, Hitchin, Hertfordshire, SG4 0BA	£465,000	£460,000	-£5,000	11 Dec 2023	28 Feb 2024	79 Days
245 Bedford Road, Hitchin, Hertfordshire, SG5 2UQ	£295,000	£285,000	-£10,000	18 Aug 2023	23 Feb 2024	189 Days
Flat 36, Maples Court, Bedford Road, Hitchin, Hertfordshire, SG5 1HF	£159,000	£141,000	-£18,000	20 Jun 2023	08 Feb 2024	233 Days
49 Kings Road, Hitchin, Hertfordshire, SG5 1RD	£630,000	£615,000	-£15,000	09 Sep 2023	02 Feb 2024	146 Days
18 Wellingham Avenue, Hitchin, Hertfordshire, SG5 2UL	£470,000	£445,000	-£25,000	06 Sep 2023	08 Jan 2024	124 Days
81 Grove Road, Hitchin, Hertfordshire, SG5 1SG	£495,000	£450,000	-£45,000	05 Sep 2023	19 Dec 2023	105 Days
7a, Ransom Close, Hitchin, Hertfordshire, SG4 9AX	£1,050,000	£1,000,000	-£50,000	12 Oct 2023	19 Dec 2023	68 Days
141 Bearton Road, Hitchin, Hertfordshire, SG5 1UB	£725,000	£655,000	-£70,000	01 Sep 2023	15 Dec 2023	105 Days
87 Wedgewood Road, Hitchin, Hertfordshire, SG4 0HB	£110,000	£100,000	-£10,000	06 Jun 2023	30 Nov 2023	177 Days
10 Half Acre, Hitchin, Hertfordshire, SG5 2XL	£1,095,000	£1,062,500	-£32,500	13 Jul 2023	29 Nov 2023	139 Days
9 Highbury Road, Hitchin, Hertfordshire, SG4 9RW	£1,350,000	£1,275,000	-£75,000	30 Jun 2023	29 Nov 2023	152 Days
Green Oak Barn, London Road, St Ippolyts, Hitchin, Hertfordshire, SG4 7NE	£1,650,000	£1,580,000	-£70,000	22 Mar 2023	29 Nov 2023	252 Days
8 Halsey Drive, Hitchin, Hertfordshire, SG4 9QH	£530,000	£525,000	-£5,000	24 Jul 2023	28 Nov 2023	127 Days
37 Manor Crescent, Hitchin, Hertfordshire, SG4 9NA	£495,000	£465,000	-£30,000	22 Jun 2023	27 Nov 2023	158 Days
103 Symonds Road, Hitchin, Hertfordshire, SG5 2JJ	£400,000	£400,000	£00	15 Aug 2023	24 Nov 2023	101 Days
57 Grove Road, Hitchin, Hertfordshire, SG5 1SG	£450,000	£450,000	£00	03 Jul 2023	24 Nov 2023	144 Days
Flat 8, Chestnut Court, Bedford Road, Hitchin, Hertfordshire, SG5 2TJ	£205,000	£202,500	-£2,500	20 Jun 2023	24 Nov 2023	157 Days
12 Maytrees, Hitchin, Hertfordshire, SG4 9LR	£600,000	£600,000	£00	12 Sep 2023	23 Nov 2023	72 Days

Most Expensive Streets in Hitchin

Postcode	Street	Area	Average	No. of Sales
SG4 9RQ	The Avenue	Hitchin	£1,179,600	5
SG4 9FL	Cherry Tree Gardens	Hitchin	£1,130,000	4
SG4 7NN	Mill Lane	St Ippolyts	£1,101,904	3
SG5 2BD	Pirton Road	Hitchin	£1,068,928	7
SG4 9RW	Highbury Road	Hitchin	£1,058,300	5
SG4 9QY	Benslow Rise	Hitchin	£1,049,000	5
SG4 9AX	Ransom Close	Hitchin	£1,035,000	3
SG5 2XL	Half Acre	Hitchin	£1,021,541	6
SG5 1PB	Lancaster Avenue	Hitchin	£983,437	4
SG4 9PR	Wymondley Road	Hitchin	£952,000	4

Least Expensive Streets in Hitchin

Postcode	Street	Area	Average	No. of Sales
SG5 1TW	Seymour Court	Hitchin	£109,600	10
SG5 1PG	French Lodge	Whinbush Road	£141,666	3
SG5 1LJ	Regal Court	Hitchin	£145,388	9
SG4 0EX	Wedgewood Road	Hitchin	£156,250	9
SG4 0AF	Watersmeet	Grove Road	£157,300	20
SG4 0AW	Watersmeet	Grove Road	£161,750	11
SG4 9SB	Balliol Chambers	Hollow Lane	£168,500	3
SG4 0DA	Millstream Close	Hitchin	£170,291	12
SG4 0HB	Wedgewood Road	Hitchin	£171,333	9
SG4 0AQ	Cadwell Court	Cadwell Lane	£173,000	5