Alford House Prices Alford House Prices

The average house price in Alford is £165,000 using HM Land Registry data.

The average property price increased by £45,076 (27.88%) over the last 5 years and increased by £9,009 (4.56%) over the last 12 months.

Over the last year, there were 22 residential property sales – a decrease of 59 transactions (-268.18%) relative to the previous year. The majority of house sales (8) were in the £130,000 - £162,000 range. Then came properties in the £162,000 - £194,000 range, where 4 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 126 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,838 (-3%).

In April 2024, there were 9 new estate agency instructions, 6 agreed home sales and 4 property price reductions.

5-Year Average Property Prices in Alford

27.88%

Property prices in Alford increased by 27.88% 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 Alford Over the Last Year

4.56%

Property prices in Alford increased by 4.56% 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 Alford - 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 Alford

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 Alford

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 Alford

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 Alford since 1995

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

Recent Property Sales in Alford

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
25 Kennedy Avenue, Alford, Lincolnshire, LN13 9HL£160,000£150,000-£10,00025 Sep 202328 Feb 2024156 Days
135 Chauntry Road, Alford, Lincolnshire, LN13 9HW£169,950£165,000-£4,95029 Jun 202301 Dec 2023155 Days
1 Caroline Street, Alford, Lincolnshire, LN13 9BW£149,950£139,000-£10,95010 Aug 202331 Oct 202382 Days
The Bungalow, Chapel Street, Alford, Lincolnshire, LN13 9DP£220,000£200,000-£20,00012 Jul 202329 Sep 202379 Days
10 Hamilton Road, Alford, Lincolnshire, LN13 9HD£170,000£158,000-£12,00015 Mar 202308 Sep 2023177 Days
32 Finsbury Street, Alford, Lincolnshire, LN13 9BH£175,000£170,000-£5,00022 Apr 202308 Sep 2023139 Days
41 South Street, Alford, Lincolnshire, LN13 9AN£169,950£162,000-£7,95002 Mar 202304 Sep 2023186 Days
15 Millers Way, Alford, Lincolnshire, LN13 9EU£285,000£282,500-£2,50003 Apr 202325 Aug 2023144 Days
9 Candlehouse Lane, Alford, Lincolnshire, LN13 9EX£159,900£150,000-£9,90009 Mar 202218 Aug 2023527 Days
15 Commercial Road, Alford, Lincolnshire, LN13 9EY£169,950£169,950£0017 Apr 202330 Jun 202374 Days
4a, West Street, Alford, Lincolnshire, LN13 9DG£250,000£235,000-£15,00018 Aug 202230 Jun 2023316 Days
18 South Street, Alford, Lincolnshire, LN13 9AQ£270,000£262,500-£7,50010 Jun 202223 May 2023347 Days
5 Coles Avenue, Alford, Lincolnshire, LN13 0AH£270,000£260,000-£10,00015 Dec 202231 Mar 2023106 Days
77 South Street, Alford, Lincolnshire, LN13 9AW£145,000£135,000-£10,00023 Jan 202327 Mar 202363 Days
14 Dashwood Road, Alford, Lincolnshire, LN13 0AA£159,950£151,000-£8,95015 Nov 202207 Feb 202384 Days
123 Christopher Road, Alford, Lincolnshire, LN13 0AB£135,000£129,700-£5,30008 Jul 202209 Jan 2023185 Days
3 Holywell Road, Alford, Lincolnshire, LN13 9BB£250,000£246,000-£4,00017 Jun 202213 Dec 2022179 Days
58 Chauntry Road, Alford, Lincolnshire, LN13 9HW£280,000£260,000-£20,00031 May 202209 Dec 2022192 Days
25 Finsbury Street, Alford, Lincolnshire, LN13 9BH£119,950£118,000-£1,95012 Aug 202211 Nov 202291 Days
1 Evison Crescent, Alford, Lincolnshire, LN13 0PS£250,000£240,000-£10,00012 May 202204 Nov 2022176 Days

Most Expensive Streets in Alford

PostcodeStreetAreaAverageNo. of Sales
LN13 9DNPark LaneAlford£325,3336
LN13 9HYStation RoadAlford£319,7416
LN13 0AHColes AvenueAlford£238,0559
LN13 9DDWallaces YardAlford£229,8333
LN13 9EUMillers WayAlford£222,4833
LN13 0AJStephensons CloseAlford£220,0003
LN13 9BBHolywell RoadAlford£209,7405
LN13 9DFBridgewaysAlford£209,46349
LN13 9HAWest StreetAlford£209,0005
LN13 9EQEast StreetAlford£197,5006

Least Expensive Streets in Alford

PostcodeStreetAreaAverageNo. of Sales
LN13 9BWCaroline StreetAlford£109,7756
LN13 9DGWest StreetAlford£111,30010
LN13 9HFHamilton RoadAlford£124,2506
LN13 9DWPark RoadAlford£125,3754
LN13 9APSeymour LaneAlford£127,5086
LN13 9HLKennedy AvenueAlford£127,6005
LN13 9BHFinsbury StreetAlford£128,7508
LN13 9HHChauntry RoadAlford£134,3333
LN13 9HTWest StreetAlford£139,8333
LN13 9AJSouth StreetAlford£141,2504

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