Alford

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Area Guide For Alford

Alford is a substantial town in Aberdeenshire, north-east Scotland, lying simply south of the Stream Wear. It exists in the Howe of Alford (additionally called the Vale of Alford) which possesses the center compasses of the Stream Wear. The spot name is thought to originate from the Scots "auld portage"; its unique position being on the banks of the Wear. The "L" sound in the saying has, after some time, been dropped, and is noiseless. Then again, the name could be a tautology; a blend of "Ath" and 'passage', both signifying "portage" in Gaelic and Scots individually. Alford provided for its name to a clash of the Skirmish of Alford (1645). It is additionally the home of the world prevalent Aberdeen Angus cows breed, which is commended by a life-sized model of a bull on the edge of the town. It is accepted that the first rearing ground of the steers was Buffal, spotted between Intense (Tulloch) and Craigievar adjacent Alford. An alternate fuel for keeping such a notorious reputation for the town is the world acclaimed Alford Cereal, ground at Montgarrie, just outside the town.

 
 

Alford Map

Estimated Price: £307,937
Average Asking Price: £290,872
Price change in last one year: £23,800
Average Price Paid: £235,962
Average Rent Rates: £1,245

 
 

Property Prices Breakdown in Alford

Average Price for property in Alford is around £307,937 which varies based on type of property you are interested in and ranges from £378,727 for detached house to around £227,897 for semi-detached. Similarly terraced house is around £231,198 and a flat is worth £140,763. Values have been changing and have risen £2,948 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,243 in last 6 months, £23,800 in last 1 year, £45,334 in last 2 years, £41,674 in last 3 years, £51,954 in last 4 years and £49,687 in last 5 years.

Currently average asking price of a property in Alford is around £290,872 based on approximately 106 properties for sale. Same is the case with rental options based on 325 properties up for rent, average asking rent is around £1,245 per month.

Estimated property value in Alford is £307,937. Average asking price is £290,872 while average price paid is £245,785 which is up by £23,800 and Avg. asking rent £1,245.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 Alford area. In last 1 year alone average price buyer paid is around £245,785 based on approximately 106 sales in Alford area alone. If you compare it to last 3 years sales of 296 properties where buyers paid around £229,528. 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 £235,962 for 414 and average amount paid for purchase of approx. 531 properties sold in last 7 years comes to about £234,059 per sale.

 
 
 
 

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 £86,333, £134,067 for a 2 bedroom house, £206,978 for a 3 bedroom house, £332,189 for a 4 bedroom house and £444,308 for a 5 bedroom house. For a flat similarly the prices varies from £130,368 for a single bedroom to £209,892 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £96,250 and £89,000 for a 4 bedroom flat. To sum up the asking prices for properties in Alford it comes to around average £118,358 for 1 bedroom property, £165,914 for 2 bedroom, £202,987 for 3 bedroom, £329,873 for 4 bedroom and £444,308 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 £819 for 1 bedroom to £956 for 2 bedrooms, £1,364 for 3 bedrooms, £1,926 for 4 bedrooms and £2,481 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £733. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,064, £1,446 for 3 bedroom, £1,970 for 4 bedroom and around £4,658 for 5 bedroom flat. You should be generally be expecting around average £746 rent per month for single bedroom property, £1,047 for 2 bedroom, £1,384 for 3 bedroom, £1,930 for 4 bedroom and approximately £2,609 for a 5 bedroom property in Alford area.

Popular Houses in Alford

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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