Alston

Area Guide For Alston

Weare and Lower Weare are small villages in Somerset, England, on the River Axe, south of the Mendip Hills. The parish comprises the villages of Upper and Lower Weare, and the hamlets of Alston Sutton, Brinscombe and Stone Allerton. The name of the village may come from a Weir on the River Axe. After the Norman conquest the manor was granted to Walter of Douai and then passed to the Gaunt, Gourney and Brythemore families. The Gourneys established a borough original called Nether Weare and later Lower Weare and were granted the right to hold fairs and even sent members of parliament to the Parliament of the United Kingdom. This new borough declined after 1316, however a borough court was still being held in Lower Weare in 1603. Alston Sutton was a separate manor at the time of the Domesday Book in 1086. The name means Aethelnoth's settlement and was held in 1286 by Walter de Sutton. The village declined by 1548 and was largely demolished soon afterwards. Weare was part of the hundred of Bempstone. The parish council has responsibility for local issues, including setting an annual precept (local rate) to cover the councils operating costs and producing annual accounts for public

 
 

Alston Map

Estimated Price: £193,601
Average Asking Price: £232,398
Price change in last one year: £5,017
Average Price Paid: £157,231
Average Rent Rates: £393

 
 

Property Prices Breakdown in Alston

Average Price for property in Alston is around £193,601 which varies based on type of property you are interested in and ranges from £267,778 for detached house to around £166,086 for semi-detached. Similarly terraced house is around £128,626 and a flat is worth £72,015. Values have been changing and have risen £272 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £521 in last 6 months, £5,017 in last 1 year, £15,093 in last 2 years, £15,562 in last 3 years, £10,495 in last 4 years and £8,387 in last 5 years.

Currently average asking price of a property in Alston is around £232,398 based on approximately 29 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £393 per month.

Estimated property value in Alston is £193,601. Average asking price is £232,398 while average price paid is £159,920 which is up by £5,017 and Avg. asking rent £393.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 Alston area. In last 1 year alone average price buyer paid is around £159,920 based on approximately 29 sales in Alston area alone. If you compare it to last 3 years sales of 60 properties where buyers paid around £155,594. 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 £157,231 for 100 and average amount paid for purchase of approx. 138 properties sold in last 7 years comes to about £154,265 per sale.

 
 

Properties For Sale in Alston

 
 

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 £110,988, £136,800 for a 2 bedroom house, £208,950 for a 3 bedroom house, £284,600 for a 4 bedroom house and £322,700 for a 5 bedroom house. To sum up the asking prices for properties in Alston it comes to around average £110,988 for 1 bedroom property, £136,800 for 2 bedroom, £208,950 for 3 bedroom, £284,600 for 4 bedroom and £322,700 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 £485 for 2 bedroom to £433 for 3 bedroom and £693 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £349. You should be generally be expecting around average £349 rent per month for single bedroom property, £485 for 2 bedroom, £433 for 3 bedroom and approximately £693 for 5 bedroom property in Alston area.

Popular Houses in Alston

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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