Average Price for property in The Ridgeway, Hitchin, SG5 is around £554,963 e.g. average price for detached house is around 554,963. Values have been changing and have risen £7,598 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,109 in last 6 months, £48,136 in last 1 year, £79,457 in last 2 years, £75,091 in last 3 years, £78,176 in last 4 years and £83,610 in last 5 years.
Currently average asking price of a property in The Ridgeway, Hitchin, SG5 is around £319,174 based on approximately 2 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £1,247 per month.
Estimated property value in The Ridgeway, Hitchin, SG5 is £554,963. Average asking price is £319,174 while average price paid is £496,625 which is up by £48,136 and Avg. asking rent £1,247.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 The Ridgeway, Hitchin, SG5 area. In last 1 year alone average price buyer paid is around £496,625 based on approximately 2 sales in The Ridgeway, Hitchin, SG5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £424,416. 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 £407,650 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £393,968 per sale.