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Alnwick House Prices Alnwick House Prices

The average house price in Alnwick is £181,795 using HM Land Registry data.

The average property price increased by £48,502 (24.13%) over the last 5 years and increased by £9,693 (4.04%) over the last 12 months.

Over the last year, there were 150 residential property sales – a decrease of 20 transactions (-13.33%) relative to the previous year. The majority of house sales (35) were in the £110,000 - £166,000 range. Then came properties in the £222,000 - £278,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 57 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,059 (-1%).

In April 2024, there were 26 new estate agency instructions, 12 agreed home sales and 6 property price reductions.

Postcodes Covered: NE66

5-Year Average Property Prices in Alnwick

24.13%

Property prices in Alnwick increased by 24.13% 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 Alnwick Over the Last Year

4.04%

Property prices in Alnwick increased by 4.04% 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 Alnwick - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 Alnwick

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 Alnwick

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 Alnwick

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 Alnwick since 1995

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

Recent Property Sales in Alnwick

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 Grahams Yard, Alnwick, Northumberland, NE66 1YB£125,000£125,000£0014 Nov 202315 Mar 2024122 Days
12 Cawledge View, Alnwick, Northumberland, NE66 1BH£75,000£70,000-£5,00008 Jun 202315 Mar 2024281 Days
22 Duke Street, Alnwick, Northumberland, NE66 1QU£235,000£233,500-£1,50009 Nov 202329 Feb 2024112 Days
13 York Crescent, Alnwick, Northumberland, NE66 1RL£120,000£117,000-£3,00020 Aug 202302 Feb 2024166 Days
19 Blakelaw Court, Alnwick, Northumberland, NE66 1BY£150,000£148,000-£2,00017 Oct 202225 Jan 2024465 Days
12 Springfield Meadow, Alnwick, Northumberland, NE66 2NY£650,000£630,000-£20,00017 Sep 202319 Jan 2024124 Days
43 Cawledge View, Alnwick, Northumberland, NE66 1BH£75,000£70,000-£5,00021 Aug 202320 Dec 2023121 Days
35 Upper Howick Street, Alnwick, Northumberland, NE66 1UZ£225,000£225,000£0016 Oct 202308 Dec 202353 Days
39 Cornhill Estate, Alnwick, Northumberland, NE66 1RY£135,000£125,000-£10,00016 Aug 202307 Dec 2023113 Days
6 Column Mews, Alnwick, Northumberland, NE66 1RZ£149,950£145,000-£4,95009 Jun 202301 Dec 2023175 Days
54 Cornhill Estate, Alnwick, Northumberland, NE66 1RS£150,000£150,000£0018 Sep 202308 Nov 202351 Days
13 Duke Street, Alnwick, Northumberland, NE66 1QU£225,000£220,000-£5,00009 May 202331 Oct 2023175 Days
121 Windsor Gardens, Alnwick, Northumberland, NE66 1LR£175,000£168,000-£7,00006 Jul 202330 Oct 2023116 Days
26 Arkle Court, Alnwick, Northumberland, NE66 1BS£210,000£210,000£0025 Aug 202327 Oct 202363 Days
10 Column Mews, Alnwick, Northumberland, NE66 1RZ£149,950£149,950£0004 Jul 202326 Oct 2023114 Days
59 Cawledge View, Alnwick, Northumberland, NE66 1BH£89,950£89,950£0016 Jun 202326 Oct 2023132 Days
14 Tanners Garth, Alnwick, Northumberland, NE66 1BL£135,000£132,000-£3,00016 Aug 202320 Oct 202365 Days
13 Fairfields, Alnwick, Northumberland, NE66 1BT£235,000£222,500-£12,50021 Dec 202220 Oct 2023303 Days
18 Clayport Gardens, Alnwick, Northumberland, NE66 1EF£145,000£138,000-£7,00016 Jun 202302 Oct 2023108 Days
47 Allerburn Lea, Alnwick, Northumberland, NE66 2NQ£325,000£325,000£0026 Jul 202329 Sep 202365 Days

Most Expensive Streets in Alnwick

PostcodeStreetAreaAverageNo. of Sales
NE66 2NYSpringfield MeadowAlnwick£518,3333
NE66 2DARoyal Oak GardensAlnwick£383,8128
NE66 2NJAllerburn LeaAlnwick£382,9997
NE66 1FHOld School CloseAlnwick£371,0005
NE66 1ARSwansfield Park RoadAlnwick£367,8339
NE66 2PUWest AcresAlnwick£364,5003
NE66 2NWHillcrest ParkAlnwick£341,5004
NE66 2QAWest AcresAlnwick£340,9905
NE66 1QQWagonway HouseWagonway Road£330,0003
NE66 1DFDraper CloseSwordy Park£329,77218

Least Expensive Streets in Alnwick

PostcodeStreetAreaAverageNo. of Sales
NE66 1XPWestgate HouseAlnwick£63,8754
NE66 1XLKing StreetAlnwick£74,8333
NE66 1BHCawledge ViewAlnwick£83,4217
NE66 1SSMarket StreetAlnwick£92,3333
NE66 1PTMews TowersPark View£102,24013
NE66 1YBGrahams YardAlnwick£106,4005
NE66 1SZWeavers CourtSwordy Drive£113,6718
NE66 1BLTanners GarthAlnwick£113,7506
NE66 1UULisburn StreetAlnwick£115,2504
NE66 1SALion MewsAlnwick£115,5005

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