Alderley Edge

Area Guide For Alderley Edge

Alderley Edge is a town and civil Parish in Cheshire, England. In 2011, it had a populace of 4,638.[1]

Alderley Edge is 6 miles northwest of Macclesfield and 15 miles (24 km) south of Manchester. It is arranged at the base of a precarious and thickly wooded sandstone ridge, Alderley Edge, which is the territory's chief geographical feature and neglects the Cheshire Plain.

Alderley Edge is celebrated for its opulence and lavish houses, falling inside Cheshire's Golden Triangle. Alderley Edge has a determination of cafes and fashion shops and has pulled in various Premier League footballers, on-screen characters and multi-tycoon business people. It is a standout amongst the most extravagant and looked for after places  to live in the UK outside of central London.

 
 

Alderley Edge Map

Estimated Price: £572,616
Average Asking Price: £1,074,452
Price change in last one year: £43,652
Average Price Paid: £465,860
Average Rent Rates: £3,693

 
 

Property Prices Breakdown in Alderley Edge

Average Price for property in Alderley Edge is around £572,616 which varies based on type of property you are interested in and ranges from £636,199 for detached house to around £334,826 for semi-detached. Similarly terraced house is around £242,426 and a flat is worth £220,539. Values have been changing and have risen £2,866 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,548 in last 6 months, £43,652 in last 1 year, £80,099 in last 2 years, £79,166 in last 3 years, £54,446 in last 4 years and £77,653 in last 5 years.

Currently average asking price of a property in Alderley Edge is around £1,074,452 based on approximately 142 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £3,693 per month.

Estimated property value in Alderley Edge is £572,616. Average asking price is £1,074,452 while average price paid is £488,783 which is up by £43,652 and Avg. asking rent £3,693.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 Alderley Edge area. In last 1 year alone average price buyer paid is around £488,783 based on approximately 142 sales in Alderley Edge area alone. If you compare it to last 3 years sales of 359 properties where buyers paid around £452,995. 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 £465,860 for 564 and average amount paid for purchase of approx. 734 properties sold in last 7 years comes to about £462,797 per sale.

 
 

Properties For Sale in Alderley Edge

 
 

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 2 bedroom is around £323,921, £576,626 for a 3 bedroom house, £801,385 for a 4 bedroom house and £1,731,357 for a 5 bedroom house. For a flat similarly the prices varies from £138,283 for a single bedroom to £302,534 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,323,750. To sum up the asking prices for properties in Alderley Edge it comes to around average £138,283 for 1 bedroom property, £307,696 for 2 bedroom, £673,029 for 3 bedroom, £801,385 for 4 bedroom and £1,731,357 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 £251 for 1 bedroom to £1,424 for 2 bedrooms, £1,749 for 3 bedrooms, £2,600 for 4 bedrooms and £5,833 for 5 bedrooms house. But if you are interested in renting a 2 bedroom flat then rent per month can be around £814. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £2,301. You should be generally be expecting around average £251 rent per month for single bedroom property, £1,119 for 2 bedroom, £1,834 for 3 bedroom, £2,600 for 4 bedroom and approximately £5,833 for a 5 bedroom property in Alderley Edge area.

Popular Houses in Alderley Edge

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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