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Hitchin House Prices Hitchin House Prices

The average house price in Hitchin is £508,409 using HM Land Registry data.

The average property price increased by £32,685 (7.21%) over the last 5 years and increased by £6,547 (1.37%) over the last 12 months.

Over the last year, there were 412 residential property sales – a decrease of 46 transactions (-11.17%) relative to the previous year. The majority of house sales (115) were in the £334,000 - £458,000 range. Then came properties in the £210,000 - £334,000 range, where 78 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 178 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,186 (-3%).

In January 2025, there were 78 new estate agency instructions, 56 agreed home sales and 32 property price reductions.

Postcodes Covered: SG4, SG5

5-Year Average Property Prices in Hitchin

7.21%

Property prices in Hitchin increased by 7.21% 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

1.37%

Property prices in Hitchin increased by 1.37% 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 Hitchin - January 2025

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 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

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
41 Kipling Close, Hitchin, Hertfordshire, SG4 0DU£350,000£340,000-£10,00016 Sep 202418 Dec 202493 Days
3 Tudor Court, Hitchin, Hertfordshire, SG5 2BE£325,000£318,000-£7,00021 Aug 202404 Dec 2024105 Days
23 Bradleys Corner, Hitchin, Hertfordshire, SG4 0PR£425,000£406,000-£19,00024 May 202429 Nov 2024189 Days
23 Bunyan Road, Hitchin, Hertfordshire, SG5 1NW£475,000£465,000-£10,00029 Jun 202428 Nov 2024152 Days
49 Talbot Street, Hitchin, Hertfordshire, SG5 2QU£1,100,000£1,000,000-£100,00018 Mar 202428 Nov 2024255 Days
5 Pirton Close, Hitchin, Hertfordshire, SG5 2BU£900,000£850,000-£50,00026 Jun 202428 Nov 2024155 Days
64 Stevenage Road, Hitchin, Hertfordshire, SG4 9DR£375,000£372,500-£2,50015 Aug 202427 Nov 2024104 Days
11 Sycamore Close, St Ippolyts, Hitchin, Hertfordshire, SG4 7SN£750,000£735,000-£15,00008 Apr 202427 Nov 2024233 Days
4 Bowyers Close, Hitchin, Hertfordshire, SG5 2UH£500,000£486,100-£13,90008 Mar 202419 Nov 2024256 Days
9 Meadow Way, Hitchin, Hertfordshire, SG5 2BN£650,000£630,000-£20,00007 May 202415 Nov 2024192 Days
22 Wratten Road West, Hitchin, Hertfordshire, SG5 2AX£450,000£435,000-£15,00029 May 202415 Nov 2024170 Days
13 Cranborne Avenue, Hitchin, Hertfordshire, SG5 2BS£1,050,000£1,050,000£008 Jul 202415 Nov 2024130 Days
Flat 17, Saxon Court, Queen Street, Hitchin, Hertfordshire, SG4 9TB£165,000£150,000-£15,00026 Dec 202315 Nov 2024325 Days
The Cedars, Standhill Road, Hitchin, Hertfordshire, SG4 9AF£1,999,950£700,000-£1,299,95021 Jul 202308 Nov 2024476 Days
104 Walsworth Road, Hitchin, Hertfordshire, SG4 9ST£625,000£595,000-£30,00023 May 202408 Nov 2024169 Days
Flat 54, Sharps Court, Cooks Way, Hitchin, Hertfordshire, SG4 0JG£240,000£231,000-£9,00018 Apr 202407 Nov 2024203 Days
34 Harkness Way, Hitchin, Hertfordshire, SG4 0QL£475,000£465,000-£10,00026 Jun 202401 Nov 2024128 Days
13 Ruskin Lane, Hitchin, Hertfordshire, SG4 0PN£650,000£650,000£026 Mar 202430 Oct 2024218 Days
58 Wilshere Crescent, Hitchin, Hertfordshire, SG4 0PQ£465,000£465,000£024 Jun 202429 Oct 2024127 Days
17 Campbell Close, Hitchin, Hertfordshire, SG4 0RH£250,000£238,000-£12,00020 Apr 202425 Oct 2024188 Days

Most Expensive Streets in Hitchin

PostcodeStreetAreaAverageNo. of Sales
SG4 9RWHighbury RoadHitchin£1,366,2504
SG4 9RQThe AvenueHitchin£1,268,2504
SG4 9FLCherry Tree GardensHitchin£1,130,0004
SG5 2BDPirton RoadHitchin£1,098,7506
SG4 9QYBenslow RiseHitchin£1,049,0005
SG4 9AXRansom CloseHitchin£1,035,0003
SG5 2XLHalf AcreHitchin£1,021,5416
SG5 1PBLancaster AvenueHitchin£1,007,9163
SG4 9REBenslow LaneHitchin£958,92012
SG5 2EABowlers EndHitchin£949,9787

Least Expensive Streets in Hitchin

PostcodeStreetAreaAverageNo. of Sales
SG5 1TWSeymour CourtHitchin£101,68111
SG5 1LJRegal CourtHitchin£119,25012
SG5 1PGFrench LodgeWhinbush Road£141,6663
SG4 0AWWatersmeetGrove Road£153,43111
SG4 9SBBalliol ChambersHollow Lane£162,1005
SG4 0DAMillstream CloseHitchin£163,10010
SG4 0EXWedgewood RoadHitchin£163,4688
SG4 0AFWatersmeetGrove Road£165,05020
SG4 0HBWedgewood RoadHitchin£172,1258
SG4 0AQCadwell CourtCadwell Lane£173,8704

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