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House Prices in SG4

The average house price in SG4 (Hitchin) is £516,600 using HM Land Registry data.

The average property price increased by £101,744 (14.78%) over the last 5 years and increased by £20,340 (2.41%) over the last 12 months.

Over the last year, there were 266 residential property sales – a decrease of 129 transactions (-48.50%) relative to the previous year. The majority of house sales (68) were in the £340,000 - £480,000 range. Then came properties in the £200,000 - £340,000 range, where 57 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 57 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,273 (-3%).

In June 2024, there were 100 new estate agency instructions, 78 agreed home sales and 35 property price reductions.

5-Year Average Property Prices in SG4 (Hitchin)

14.78%

Property prices in Hitchin increased by 14.78% 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 SG4 (Hitchin) Over the Last Year

2.41%

Property prices in Hitchin increased by 2.41% 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 SG4 (Hitchin) - June 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 SG4 (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 SG4 (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 SG4 (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 SG4 (Hitchin) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SG4 postcode area since 1995.

Recent Sales in SG4 (Hitchin)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
3 St Johns Road, Hitchin, Hertfordshire, SG4 9DD	£375,000	£370,000	-£5,000	17 Oct 2023	12 Apr 2024	178 Days
117 Benslow Lane, Hitchin, Hertfordshire, SG4 9RA	£700,000	£670,000	-£30,000	03 Oct 2023	09 Apr 2024	189 Days
16 Holdbrook, Hitchin, Hertfordshire, SG4 9QW	£390,000	£383,000	-£7,000	03 Nov 2023	09 Apr 2024	158 Days
70 Meadowbank, Hitchin, Hertfordshire, SG4 0HY	£450,000	£446,000	-£4,000	05 Dec 2023	03 Apr 2024	120 Days
6 Kendale Road, Hitchin, Hertfordshire, SG4 9JL	£425,000	£415,000	-£10,000	21 Sep 2023	28 Mar 2024	189 Days
36 Cadwell Lane, Hitchin, Hertfordshire, SG4 0AG	£475,000	£447,500	-£27,500	09 Nov 2023	28 Mar 2024	140 Days
198 Whitehill Road, Hitchin, Hertfordshire, SG4 9HY	£900,000	£900,000	£00	31 Oct 2023	18 Mar 2024	139 Days
33 Gainsford Crescent, Hitchin, Hertfordshire, SG4 0QG	£585,000	£578,750	-£6,250	04 Nov 2023	14 Mar 2024	131 Days
16 Campbell Close, Hitchin, Hertfordshire, SG4 0RH	£350,000	£312,000	-£38,000	08 Nov 2023	12 Mar 2024	125 Days
5 Worsdell Way, Hitchin, Hertfordshire, SG4 0EB	£735,000	£733,000	-£2,000	11 Oct 2023	08 Mar 2024	149 Days
10 High Dane, Hitchin, Hertfordshire, SG4 0BA	£465,000	£460,000	-£5,000	11 Dec 2023	28 Feb 2024	79 Days
5 Chequers Lane, Preston, Hitchin, Hertfordshire, SG4 7TX	£700,000	£690,000	-£10,000	05 Aug 2023	02 Feb 2024	181 Days
86 Common Rise, Hitchin, Hertfordshire, SG4 0HS	£440,000	£430,000	-£10,000	17 Oct 2023	26 Jan 2024	101 Days
24 Woolgrove Road, Hitchin, Hertfordshire, SG4 0AT	£450,000	£450,000	£00	04 May 2023	09 Jan 2024	250 Days
18 London Road, Hitchin, Hertfordshire, SG4 9EW	£595,000	£565,000	-£30,000	28 Jun 2023	08 Jan 2024	194 Days
4 The Riddy, Codicote, Hitchin, Hertfordshire, SG4 8UP	£695,000	£665,000	-£30,000	07 Jun 2023	05 Jan 2024	212 Days
61 Keats Way, Hitchin, Hertfordshire, SG4 0DP	£375,000	£365,000	-£10,000	23 Sep 2023	03 Jan 2024	102 Days
10 Commons Lane, Kimpton, Hitchin, Hertfordshire, SG4 8QG	£500,000	£440,000	-£60,000	23 May 2023	21 Dec 2023	212 Days
7a, Ransom Close, Hitchin, Hertfordshire, SG4 9AX	£1,050,000	£1,000,000	-£50,000	12 Oct 2023	19 Dec 2023	68 Days
32 Redoubt Close, Hitchin, Hertfordshire, SG4 0FP	£180,000	£165,000	-£15,000	17 Apr 2023	15 Dec 2023	242 Days

Most Expensive Streets in SG4 (Hitchin)

Postcode	Street	Area	Average	No. of Sales
SG4 8HN	Hoo Park, Whitwell	Hitchin	£1,941,666	3
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	Hitchin	£1,101,904	3
SG4 7UJ	Back Lane, Preston	Hitchin	£1,086,666	3
SG4 9QY	Benslow Rise	Hitchin	£1,049,000	5
SG4 9RW	Highbury Road	Hitchin	£1,035,375	4
SG4 9AX	Ransom Close	Hitchin	£1,035,000	3
SG4 7EJ	Maydencroft Gardens, Gosmore	Hitchin	£953,571	7
SG4 9PR	Wymondley Road	Hitchin	£952,000	4

Least Expensive Streets in SG4 (Hitchin)

Postcode	Street	Area	Average	No. of Sales
SG4 8YY	Pond Court, Codicote	Hitchin	£154,625	14
SG4 0EX	Wedgewood Road	Hitchin	£156,250	9
SG4 0AF	Watersmeet, Grove Road	Hitchin	£157,300	20
SG4 0AW	Watersmeet, Grove Road	Hitchin	£161,750	11
SG4 9SB	Balliol Chambers, Hollow Lane	Hitchin	£168,500	3
SG4 0DA	Millstream Close	Hitchin	£169,884	13
SG4 0HB	Wedgewood Road	Hitchin	£171,333	9
SG4 0AQ	Cadwell Court, Cadwell Lane	Hitchin	£173,000	5
SG4 0JG	Sharps Court, Cooks Way	Hitchin	£181,700	24
SG4 9TB	Saxon Court, Queen Street, Hitchin	Hitchin	£185,550	10