Average Price for property in Hitchin is around £360,812 which varies based on type of property you are interested in and ranges from £564,371 for detached house to around £346,707 for semi-detached. Similarly terraced house is around £280,268 and a flat is worth £191,957. Values have been changing and have risen £1,956 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,285 in last 6 months, £25,878 in last 1 year, £48,148 in last 2 years, £51,064 in last 3 years, £49,615 in last 4 years and £53,624 in last 5 years.
Currently average asking price of a property in Hitchin is around £408,121 based on approximately 1,000 properties for sale. Same is the case with rental options based on 81 properties up for rent, average asking rent is around £1,333 per month.
Estimated property value in Hitchin is £360,812. Average asking price is £408,121 while average price paid is £305,165 which is up by £25,878 and Avg. asking rent £1,333.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Hitchin area. In last 1 year alone average price buyer paid is around £305,165 based on approximately 1,000 sales in Hitchin area alone. If you compare it to last 3 years sales of 3,038 properties where buyers paid around £287,794. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £280,373 for 4,984 and average amount paid for purchase of approx. 6,688 properties sold in last 7 years comes to about £273,233 per sale.