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Alcester House Prices Alcester House Prices

The average house price in Alcester is £265,666 using HM Land Registry data.

The average property price increased by £72,657 (28.66%) over the last 5 years and increased by £14,521 (4.66%) over the last 12 months.

Over the last year, there were 70 residential property sales – a decrease of 68 transactions (-97.14%) relative to the previous year. The majority of house sales (27) were in the £228,000 - £316,000 range. Then came properties in the £140,000 - £228,000 range, where 13 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 76 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,107 (-1%).

In April 2024, there were 27 new estate agency instructions, 18 agreed home sales and 4 property price reductions.

Postcodes Covered: B49

5-Year Average Property Prices in Alcester

28.66%

Property prices in Alcester increased by 28.66% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Alcester Over the Last Year

4.66%

Property prices in Alcester increased by 4.66% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Alcester - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Alcester

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Alcester

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Alcester

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Alcester since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Alcester area since 1995.

Recent Property Sales in Alcester

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Moorfield Road, Alcester, Warwickshire, B49 5DA£350,000£325,000-£25,00026 Jul 202316 Feb 2024205 Days
11 Newport Drive, Alcester, Warwickshire, B49 5BL£335,000£335,000£0004 Aug 202301 Feb 2024181 Days
4 Gas House Lane, Alcester, Warwickshire, B49 5QP£245,000£238,000-£7,00007 Nov 202301 Feb 202486 Days
84 Meadow Road, Alcester, Warwickshire, B49 6BA£225,000£215,000-£10,00007 Jul 202305 Jan 2024182 Days
18 Eclipse Road, Alcester, Warwickshire, B49 5EH£300,000£300,000£0005 Sep 202315 Dec 2023101 Days
30 Roman Way, Alcester, Warwickshire, B49 5HB£305,000£300,000-£5,00014 Aug 202327 Nov 2023105 Days
Flat 17, Malin Court, School Road, Alcester, Warwickshire, B49 5DJ£100,000£90,000-£10,00016 Aug 202324 Nov 2023100 Days
28 Birmingham Road, Alcester, Warwickshire, B49 5EP£200,000£182,500-£17,50021 Jun 202324 Nov 2023156 Days
5 Roman Way, Alcester, Warwickshire, B49 5HB£315,000£312,000-£3,00021 Jul 202307 Nov 2023109 Days
1 Abbey Mews, Alcester, Warwickshire, B49 5BY£290,000£290,000£0005 Aug 202320 Oct 202376 Days
3 Birch Abbey, Alcester, Warwickshire, B49 5BU£152,500£141,250-£11,25016 Feb 202318 Oct 2023244 Days
21 Station Road, Alcester, Warwickshire, B49 5ET£285,000£285,000£0007 Jul 202318 Sep 202373 Days
22 Station Road, Alcester, Warwickshire, B49 5ET£600,000£600,000£0002 Apr 202330 Aug 2023150 Days
75 Priory Road, Alcester, Warwickshire, B49 5EA£250,000£235,000-£15,00008 Jun 202216 Aug 2023434 Days
Flat 32, Malin Court, School Road, Alcester, Warwickshire, B49 5DJ£90,000£82,000-£8,00011 Nov 202215 Aug 2023277 Days
12 Riddell Close, Alcester, Warwickshire, B49 6QP£300,000£290,000-£10,00013 Feb 202304 Aug 2023172 Days
13 Alauna Avenue, Alcester, Warwickshire, B49 6AW£280,000£280,000£0016 Mar 202328 Jul 2023134 Days
21 Gerard Road, Alcester, Warwickshire, B49 6QG£340,000£335,000-£5,00001 Feb 202328 Jul 2023177 Days
17 School Road, Alcester, Warwickshire, B49 5DF£300,000£285,000-£15,00009 Mar 202321 Jul 2023134 Days
10 Haselor Close, Alcester, Warwickshire, B49 6QD£585,000£582,500-£2,50016 Feb 202307 Jul 2023141 Days

Most Expensive Streets in Alcester

PostcodeStreetAreaAverageNo. of Sales
B49 5QWAbbey CloseAlcester£576,6663
B49 5DURagley Mill LaneAlcester£525,0003
B49 6FJKinnersley RoadAlcester£503,2508
B49 6QWCaptains HillAlcester£479,0003
B49 5DYPriory RoadAlcester£459,0004
B49 5EXCross RoadAlcester£457,5004
B49 5QNGreville RoadAlcester£445,5005
B49 5ETStation RoadAlcester£434,50010
B49 5EPBirmingham RoadAlcester£425,8333
B49 5RGMayors DriveAlcester£405,00034

Least Expensive Streets in Alcester

PostcodeStreetAreaAverageNo. of Sales
B49 6AHGunnings RoadAlcester£104,3333
B49 6PXOversley HouseKinwarton Road£109,96717
B49 5DJMalin CourtSchool Road£111,17617
B49 5AYCorinthian CourtAlcester£138,11717
B49 6BLSmiths WayAlcester£158,5003
B49 5DQFlax CloseAlcester£160,0836
B49 5RBGas House LaneAlcester£161,89510
B49 6EGDevonish CloseAlcester£168,8905
B49 6EERufford CloseAlcester£176,0505
B49 6BHKingley AvenueAlcester£176,9833

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