Twenty three properties sell for £1million or more in Hitchin and north Herts research finds

By Layth Yousif

3rd Feb 2021 | Local News

Twenty three properties sell for £1m in Hitchin and north Herts research finds. CREDIT: Hitchin Nub News
Twenty three properties sell for £1m in Hitchin and north Herts research finds. CREDIT: Hitchin Nub News

Twenty three properties in Hitchin and north Herts sold for more than £1m+ research has found.

Estate agents Keller Williams UK analysed sold price records from the Land Registry between December 2019 and November 2020.

There were 23 transactions of £1m+ in our area with a median sold price of £1,200,000.

City of Westminster topped the UK charts with 876 million pound sales and a median price of £2 million.

Keller Williams UK chief executive Ben Taylor said: "The higher tiers of the housing market have arguably suffered most due to Covid uncertainty and activity hasn't been boosted to the same extent as a result of the current stamp duty holiday.

"That said, it's reassuring to see that a robust number of transactions have still taken place despite the turbulence of the last year and this is a foundation that will no doubt be built on in 2021.

"Of course, London leads the way in terms of the sheer volume of sales but there has been activity across all regions of England and Wales and, in fact, some regions have seen these transactions complete for a similar or even higher average sold price than the capital itself."

     

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