You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in SG5

House Prices in SG5

The average house price in SG5 (Hitchin) is £533,419 using HM Land Registry data.

The average property price increased by £7,710 (16.31%) over the last 5 years and increased by £1,545 (2.63%) over the last 12 months.

Over the last year, there were 345 residential property sales – a decrease of 153 transactions (-44.35%) relative to the previous year. The majority of house sales (92) were in the £338,000 - £446,000 range. Then came properties in the £446,000 - £554,000 range, where 68 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 125 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,712 (-2%).

In Dec 24, there were 35 new estate agency instructions, 33 agreed home sales and 15 property price reductions.

5-Year Average Property Prices in SG5 (Hitchin)

16.31%

Property prices in Hitchin increased by 16.31% 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 SG5 (Hitchin) Over the Last Year

2.63%

Property prices in Hitchin increased by 2.63% 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 SG5 (Hitchin) - Dec 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 SG5 (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 SG5 (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 SG5 (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 SG5 (Hitchin) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SG5 postcode area since 1995.

Recent Sales in SG5 (Hitchin)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
23 Bunyan Road, Hitchin, Hertfordshire, SG5 1NW	£475,000	£465,000	-£10,000	29 Jun 2024	28 Nov 2024	152 Days
9 Meadow Way, Hitchin, Hertfordshire, SG5 2BN	£650,000	£630,000	-£20,000	07 May 2024	15 Nov 2024	192 Days
22 Wratten Road West, Hitchin, Hertfordshire, SG5 2AX	£450,000	£435,000	-£15,000	29 May 2024	15 Nov 2024	170 Days
13 Cranborne Avenue, Hitchin, Hertfordshire, SG5 2BS	£1,050,000	£1,050,000	£00	08 Jul 2024	15 Nov 2024	130 Days
3 John Hall Court, Offley, Hitchin, Hertfordshire, SG5 3FP	£400,000	£390,000	-£10,000	17 Feb 2024	14 Nov 2024	271 Days
42 Dickens Boulevard, Fairfield, Hitchin, Central Bedfordshire, SG5 4FD	£445,000	£445,000	£00	13 Jul 2024	13 Nov 2024	123 Days
11 Nightingale Way, Fairfield, Hitchin, Central Bedfordshire, SG5 4FN	£535,995	£527,000	-£8,995	23 Dec 2023	30 Oct 2024	312 Days
12 Abbis Orchard, Ickleford, Hitchin, Hertfordshire, SG5 3TN	£650,000	£643,000	-£7,000	24 Feb 2024	25 Oct 2024	244 Days
6 Roe Close, Stotfold, Hitchin, Central Bedfordshire, SG5 4HX	£425,000	£412,000	-£13,000	02 Aug 2024	25 Oct 2024	84 Days
17 The Gardens, Stotfold, Hitchin, Central Bedfordshire, SG5 4HD	£725,000	£695,000	-£30,000	05 Apr 2024	25 Oct 2024	203 Days
18 The Green, Stotfold, Hitchin, Central Bedfordshire, SG5 4AN	£475,000	£465,000	-£10,000	16 Apr 2024	23 Oct 2024	190 Days
4 Bedford Close, Shillington, Hitchin, Central Bedfordshire, SG5 3PL	£425,000	£410,000	-£15,000	02 Nov 2023	20 Aug 2024	292 Days
51 Westmill Road, Hitchin, Hertfordshire, SG5 2SD	£375,000	£357,500	-£17,500	24 Apr 2024	19 Aug 2024	117 Days
49 Bessemer Close, Hitchin, Hertfordshire, SG5 1AG	£725,000	£705,000	-£20,000	17 Apr 2024	15 Aug 2024	120 Days
25 Louise Rise, Fairfield, Hitchin, Central Bedfordshire, SG5 4SE	£489,500	£435,000	-£54,500	14 Jul 2011	02 Aug 2024	4768 Days
19 Wellingham Avenue, Hitchin, Hertfordshire, SG5 2UJ	£550,000	£517,500	-£32,500	09 Mar 2024	12 Jul 2024	125 Days
High Trees, Lucas Lane, Hitchin, Hertfordshire, SG5 2JA	£975,000	£930,000	-£45,000	31 Jan 2024	08 Jul 2024	159 Days
40 Chalkdell Path, Hitchin, Hertfordshire, SG5 2LG	£475,000	£466,000	-£9,000	12 Apr 2024	28 Jun 2024	77 Days
39 Regal Court, Hitchin, Hertfordshire, SG5 1LJ	£115,000	£100,000	-£15,000	11 Aug 2023	24 Jun 2024	318 Days
14 The Green, Stotfold, Hitchin, Central Bedfordshire, SG5 4AN	£450,000	£436,000	-£14,000	05 Sep 2023	10 Jun 2024	279 Days

Most Expensive Streets in SG5 (Hitchin)

Postcode	Street	Area	Average	No. of Sales
SG5 2BD	Pirton Road	Hitchin	£1,098,750	6
SG5 3PG	Upton End Road, Shillington	Hitchin	£1,091,666	3
SG5 4FS	Shaftesbury Drive, Stotfold	Hitchin	£1,061,000	5
SG5 2AE	Charlton Road, Charlton	Hitchin	£1,045,000	3
SG5 2XL	Half Acre	Hitchin	£1,021,541	6
SG5 1PB	Lancaster Avenue	Hitchin	£1,007,916	3
SG5 2EA	Bowlers End	Hitchin	£949,978	7
SG5 2BG	Mount Pleasant	Hitchin	£946,875	4
SG5 3EX	Apostles Close, Pirton	Hitchin	£903,725	4
SG5 4FW	Faraday Gardens, Stotfold	Hitchin	£852,857	7

Least Expensive Streets in SG5 (Hitchin)

Postcode	Street	Area	Average	No. of Sales
SG5 4GW	Beeton Court, Dickens Boulevard	Hitchin	£78,750	5
SG5 1TW	Seymour Court	Hitchin	£101,681	11
SG5 1LJ	Regal Court	Hitchin	£120,545	11
SG5 1PG	French Lodge, Whinbush Road	Hitchin	£141,666	3
SG5 4TJ	Stadium Close, Stotfold	Hitchin	£172,416	3
SG5 4HL	St Olives, Stotfold	Hitchin	£178,453	4
SG5 1HF	Maples Court, Bedford Road	Hitchin	£188,528	16
SG5 3TD	Icknield Close, Ickleford	Hitchin	£191,892	7
SG5 2JH	Hartland Court, Gaping Lane	Hitchin	£195,000	3
SG5 4LN	Stotfold House, Meadow Way	Hitchin	£195,000	3