April Figures In – What’s Really Happening in Hitchin & WGC Property Market
A strong start to the spring market
Despite the end of the stamp duty relief at the end of March, the housing market has continued to show strength through April and into May. According to national data, the average asking price for a property rose by 1.4% last month to a new high of £377,182 – a larger-than-usual increase for April.
As we enter the heart of the spring selling season, the residential property market continues to show encouraging resilience and renewed energy. With national figures breaking records and local activity reflecting confident buyer behaviour, Hertfordshire is firmly positioned as one of the most attractive areas for movers in 2025.
April brought with it a surge of renewed market confidence across the UK:
• National average asking price: £377,182 — a new record high
• Monthly increase: +1.4% (£5,312)
• Annual price growth: +1.3%
• Buyer demand: Up 5% year-on-year
• New seller listings: Up 4%
The rise comes despite a decade-high level of available properties. Instead of cooling the market, the wider choice appears to be encouraging more serious movers to act. Particularly strong performance was noted in the Midlands, Northern England, and London, all of which achieved new price records.
Local Spotlight: Hitchin & Welwyn Garden City
Putterills is proud to provide deep local insight into Hertfordshire’s most desirable towns. Below is a breakdown of market activity across March and April for both Hitchin and Welwyn Garden City, highlighting important month-on-month trends
Key Takeaway:
In Welwyn Garden City, seller confidence remains high with new instructions strong, but a rise in price reductions suggests that some listings were initially overvalued. With an expanding pool of available homes, strategic pricing and premium presentation are now more important than ever.
Key Takeaways:
The Hitchin market is displaying healthy upward momentum, with a rise in sales agreed despite fewer new listings. A drop in price reductions indicates stronger, more realistic pricing strategies from the outset — and a highly engaged buyer pool.
The current trajectory points to a resilient and active summer market, particularly in sought-after Hertfordshire towns like Hitchin, WGC
We expect:
• Sustained buyer confidence, even without tax incentives
• Greater supply, especially in mid-to-upper price brackets
• Strong competition among sellers, with pricing and presentation playing pivotal roles
• Potential base rate cut, which could boost affordability by autumn
With over 30 years of market leadership, Putterills is uniquely placed to guide you through this dynamic landscape. Whether buying, selling or investing, our professional insight, local expertise and premium marketing approach ensure your success.
📞 Speak to your local branch today for tailored advice and a discreet consultation.