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House Prices in SG4 House Prices in SG4 (Hitchin)

The average house price in SG4 (Hitchin) is £629,588 using HM Land Registry data.

The average property price increased by £95,502 (14.78%) over the last 5 years and increased by £19,135 (2.41%) over the last 12 months.

Over the last year, there were 282 residential property sales – a decrease of 53 transactions (-18.79%) relative to the previous year. The majority of house sales (91) were in the £374,000 - £528,000 range. Then came properties in the £220,000 - £374,000 range, where 60 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 77 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,273 (-3%).

In Oct 24, there were 79 new estate agency instructions, 65 agreed home sales and 40 property price reductions.

Nearby Postcodes: AL1, AL10, AL2, AL3, AL4, AL5, AL6, AL7, AL8, AL9, CB23, CM19, CM20, CM21, CM23, EN10, EN11, EN6, EN7, LU1, LU2, LU3, MK44, MK45, PE19, SG1, SG10, SG11, SG12, SG13, SG14, SG15, SG16, SG17, SG18, SG19, SG2, SG3, SG5, SG6, SG7, SG8, SG9

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.

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).

Property Market Heat Gauge for SG4 (Hitchin) - Oct 24

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
18 Lower Road, Breachwood Green, Hitchin, Hertfordshire, SG4 8NS£425,000£425,000£0023 Jun 202319 Aug 2024423 Days
19 Granville Road, Hitchin, Hertfordshire, SG4 0LE£485,000£470,000-£15,00012 Sep 202316 Aug 2024339 Days
Flat 17, Wilshere Court, Queen Street, Hitchin, Hertfordshire, SG4 9TT£197,950£187,500-£10,45027 Jul 202316 Aug 2024386 Days
Mansard, Newlands Close West, Hitchin, Hertfordshire, SG4 9BA£1,250,000£1,225,000-£25,00012 Mar 202415 Aug 2024156 Days
26 Whitehill Road, Hitchin, Hertfordshire, SG4 9HW£500,000£495,000-£5,00008 Feb 202405 Aug 2024179 Days
71 New Town, Codicote, Hitchin, Hertfordshire, SG4 8UQ£350,000£310,000-£40,00020 Mar 202402 Aug 2024135 Days
67 Grovelands Avenue, Hitchin, Hertfordshire, SG4 0QU£525,000£520,000-£5,00029 Feb 202402 Aug 2024155 Days
18 Waterdell Lane, St Ippolyts, Hitchin, Hertfordshire, SG4 7QZ£595,000£595,000£0003 May 202431 Jul 202489 Days
46 Horn Hill, Whitwell, Hitchin, Hertfordshire, SG4 8AR£785,000£470,000-£315,00017 Sep 202130 Jul 20241047 Days
159 Stevenage Road, Hitchin, Hertfordshire, SG4 9DX£525,000£520,000-£5,00003 May 202429 Jul 202487 Days
152 Grove Road, Hitchin, Hertfordshire, SG4 0AA£500,000£473,000-£27,00027 Oct 202329 Jul 2024276 Days
53 Willoughby Way, Hitchin, Hertfordshire, SG4 9LQ£620,000£607,500-£12,50030 Dec 202326 Jul 2024209 Days
39 Orchard Road, Hitchin, Hertfordshire, SG4 0BP£425,000£425,000£0005 Apr 202426 Jul 2024112 Days
27 Harkness Way, Hitchin, Hertfordshire, SG4 0QJ£725,000£715,000-£10,00021 Feb 202419 Jul 2024149 Days
54 Whitehill Road, Hitchin, Hertfordshire, SG4 9HP£675,000£675,000£0001 Feb 202419 Jul 2024169 Days
52 Horn Hill, Whitwell, Hitchin, Hertfordshire, SG4 8AR£1,050,000£1,030,000-£20,00002 Feb 202416 Jul 2024165 Days
87 Coleridge Close, Hitchin, Hertfordshire, SG4 0QY£340,000£330,000-£10,00007 Feb 202405 Jul 2024149 Days
3 Waterlow Mews, Little Wymondley, Hitchin, Hertfordshire, SG4 7HL£325,000£305,000-£20,00011 Mar 202428 Jun 2024109 Days
25 Ashwell Close, Graveley, Hitchin, Hertfordshire, SG4 7LH£300,000£296,000-£4,00003 Jan 202427 Jun 2024176 Days
Mulberry Lodge, The Orchard, Codicote, Hitchin, Hertfordshire, SG4 8PY£965,000£400,000-£565,00030 Jan 202427 Jun 2024149 Days

Most Expensive Streets in SG4 (Hitchin)

PostcodeStreetAreaAverageNo. of Sales
SG4 8HNHoo Park, WhitwellHitchin£1,941,6663
SG4 9SPWalsworth RoadHitchin£1,306,0003
SG4 9RQThe AvenueHitchin£1,268,2504
SG4 7UJBack Lane, PrestonHitchin£1,227,5004
SG4 9RWHighbury RoadHitchin£1,223,3005
SG4 9FLCherry Tree GardensHitchin£1,130,0004
SG4 9QYBenslow RiseHitchin£1,049,0005
SG4 9AXRansom CloseHitchin£1,035,0003
SG4 9REBenslow LaneHitchin£958,92012
SG4 7EJMaydencroft Gardens, GosmoreHitchin£953,5717

Least Expensive Streets in SG4 (Hitchin)

PostcodeStreetAreaAverageNo. of Sales
SG4 0AWWatersmeet, Grove RoadHitchin£145,1568
SG4 8YYPond Court, CodicoteHitchin£154,70411
SG4 0AFWatersmeet, Grove RoadHitchin£157,30020
SG4 9SBBalliol Chambers, Hollow LaneHitchin£159,5004
SG4 0EXWedgewood RoadHitchin£159,8438
SG4 0DAMillstream CloseHitchin£163,10010
SG4 0AQCadwell Court, Cadwell LaneHitchin£168,6965
SG4 0HBWedgewood RoadHitchin£171,3339
SG4 0JGSharps Court, Cooks WayHitchin£184,03622
SG4 9TBSaxon Court, Queen Street, HitchinHitchin£184,1258

Explore SG4 (Hitchin) using map

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