House Prices in B49 House Prices in B49 (Alcester)

The average house price in B49 (Alcester) is £420,000 using HM Land Registry data.

The average property price increased by £8,298 (34.04%) over the last 5 years and increased by £1,663 (4.87%) over the last 12 months.

Over the last year, there were 86 residential property sales – a decrease of 71 transactions (-82.56%) relative to the previous year. The majority of house sales (28) were in the £228,000 - £316,000 range. Then came properties in the £316,000 - £404,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 70 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,107 (-1%).

In Oct 24, there were 30 new estate agency instructions, 23 agreed home sales and 6 property price reductions.

5-Year Average Property Prices in B49 (Alcester)

34.04%

Property prices in Alcester increased by 34.04% 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 B49 (Alcester) Over the Last Year

4.87%

Property prices in Alcester increased by 4.87% 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 B49 (Alcester) - Oct 24

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 B49 (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 B49 (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 B49 (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 B49 (Alcester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B49 postcode area since 1995.

Recent Sales in B49 (Alcester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Croft Lane, Temple Grafton, Alcester, Warwickshire, B49 6PA£415,000£405,000-£10,00011 Mar 202409 Aug 2024151 Days
4 Seymour Road, Alcester, Warwickshire, B49 6JY£300,000£300,000£0006 Jan 202402 Aug 2024209 Days
17 Throckmorton Road, Alcester, Warwickshire, B49 6QA£325,000£325,000£0005 Mar 202414 Jun 2024101 Days
Hillcroft, Stratford Road, Oversley Green, Alcester, Warwickshire, B49 6PG£375,000£340,000-£35,00010 Nov 202313 Jun 2024216 Days
44 Henley Street, Alcester, Warwickshire, B49 5QY£225,000£225,000£0013 Mar 202421 May 202469 Days
89 Hertford Road, Alcester, Warwickshire, B49 6AS£300,000£295,000-£5,00024 Nov 202303 May 2024161 Days
8 Haselor Close, Alcester, Warwickshire, B49 6QD£345,000£333,000-£12,00023 Aug 202322 Mar 2024212 Days
12 Alcocks Road, Alcester, Warwickshire, B49 6RE£310,000£294,000-£16,00026 Jun 202314 Mar 2024262 Days
60 Lower Cladswell Lane, Cookhill, Alcester, Worcestershire, B49 5JY£550,000£535,000-£15,00020 Apr 202322 Feb 2024308 Days
1 Moorfield Road, Alcester, Warwickshire, B49 5DA£350,000£325,000-£25,00026 Jul 202316 Feb 2024205 Days
67 Throckmorton Road, Alcester, Warwickshire, B49 6QJ£325,000£320,000-£5,00010 Oct 202315 Feb 2024128 Days
7 Kingley Avenue, Alcester, Warwickshire, B49 6BH£142,000£140,000-£2,00003 Aug 202315 Feb 2024196 Days
45 Birmingham Road, Alcester, Warwickshire, B49 5EE£294,000£293,000-£1,00024 Oct 202302 Feb 2024101 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
Flat 12, Malin Court, School Road, Alcester, Warwickshire, B49 5DJ£123,500£123,500£0005 Jul 202320 Dec 2023168 Days
15 Eclipse Road, Alcester, Warwickshire, B49 5EH£325,000£310,000-£15,00022 Sep 202320 Dec 202389 Days
18 Eclipse Road, Alcester, Warwickshire, B49 5EH£300,000£300,000£0005 Sep 202315 Dec 2023101 Days
4 Augustus Drive, Alcester, Warwickshire, B49 5HH£325,000£321,000-£4,00014 Aug 202313 Dec 2023121 Days

Most Expensive Streets in B49 (Alcester)

PostcodeStreetAreaAverageNo. of Sales
B49 6JSAlne Hills, Great AlneAlcester£860,5003
B49 6HSPark Lane, Great AlneAlcester£832,6254
B49 5JSChurch Lane, CookhillAlcester£789,5005
B49 5NTDunningtonAlcester£640,0003
B49 5QEKings Coughton Lane, Kings CoughtonAlcester£621,2504
B49 6FSBeech Grove, Great AlneAlcester£597,08611
B49 6FRThe Laurels, Great AlneAlcester£591,62012
B49 6FQLarch Court, Great AlneAlcester£577,0003
B49 5QWAbbey CloseAlcester£576,6663
B49 6FYMaudslay House, Woodland DriveAlcester£523,3336

Least Expensive Streets in B49 (Alcester)

PostcodeStreetAreaAverageNo. of Sales
B49 6AHGunnings RoadAlcester£95,1663
B49 6PXOversley House, Kinwarton RoadAlcester£109,96717
B49 5DJMalin Court, School RoadAlcester£111,63119
B49 5AYCorinthian CourtAlcester£136,81216
B49 5RBGas House LaneAlcester£166,0568
B49 6BHKingley AvenueAlcester£167,7374
B49 6EGDevonish CloseAlcester£168,8905
B49 6BBMeadow RoadAlcester£173,6663
B49 5DQFlax CloseAlcester£177,5717
B49 6EFSeymour RoadAlcester£178,9287

Explore B49 (Alcester) using map