Alcester

Area Guide For Alcester

Alcester is an old market town of Roman origin at the junction of the River Alne and River Arrow in Warwickshire, England. It is situated approximately 8 miles (13 km) west of Stratford-upon-Avon, and 8 miles south of Redditch, close to the Worcestershire border. The 2001 census recorded a population of 6,214 in the town, which also has civil parish status. In Roman times Alcester (Alauna) was a walled town and Roman fort of some importance being located at a junction between the Ryknild Street Roman road and the ancient Saltway from Droitwich and the roman road from Stratford upon Avon and the Fosse Way. An important market town, Alcester was the site of a Benedictine monastery founded in the middle of the 12th century by Ralph le Boteler. The monastery was once a thriving one. In 1318 Walter de Beauchamp, who had a seat in the neighbourhood, complained to the abbot of the monastery that some of his monks had removed Beauchamp's possessions from his manor. At the Dissolution, King Henry VIII granted the monastery to the Greville family. The town today includes a number of preserved Tudor and other houses, notably those near the parish church, in Butter

 
 

Alcester Map

Estimated Price: £288,557
Average Asking Price: £332,351
Price change in last one year: £14,623
Average Price Paid: £234,500
Average Rent Rates: £3,820

 
 

Property Prices Breakdown in Alcester

Average Price for property in Alcester is around £288,557 which varies based on type of property you are interested in and ranges from £423,895 for detached house to around £241,919 for semi-detached. Similarly terraced house is around £196,510 and a flat is worth £130,056. Values have been changing and have risen £419 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,186 in last 6 months, £14,623 in last 1 year, £29,468 in last 2 years, £31,058 in last 3 years, £28,892 in last 4 years and £29,717 in last 5 years.

Currently average asking price of a property in Alcester is around £332,351 based on approximately 225 properties for sale. Same is the case with rental options based on 25 properties up for rent, average asking rent is around £3,820 per month.

Estimated property value in Alcester is £288,557. Average asking price is £332,351 while average price paid is £248,577 which is up by £14,623 and Avg. asking rent £3,820.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 Alcester area. In last 1 year alone average price buyer paid is around £248,577 based on approximately 225 sales in Alcester area alone. If you compare it to last 3 years sales of 647 properties where buyers paid around £241,507. 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 £234,500 for 988 and average amount paid for purchase of approx. 1,302 properties sold in last 7 years comes to about £233,143 per sale.

 
 

Properties For Sale in Alcester

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £112,100, £194,066 for a 2 bedroom house, £247,515 for a 3 bedroom house, £392,123 for a 4 bedroom house and £728,940 for a 5 bedroom house. For a flat similarly the prices varies from £100,807 for a single bedroom to £265,677 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £140,000. To sum up the asking prices for properties in Alcester it comes to around average £104,571 for 1 bedroom property, £212,821 for 2 bedroom, £245,071 for 3 bedroom, £392,123 for 4 bedroom and £728,940 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £576 for 1 bedroom to £637 for 2 bedroom and £1,798 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £530. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £652. You should be generally be expecting around average £542 rent per month for single bedroom property, £640 for 2 bedroom and approximately £1,798 for 5 bedroom property in Alcester area.

Popular Houses in Alcester

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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