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House Prices in B49

The average house price in B49 (Alcester) is £272,444 using HM Land Registry data.

The average property price increased by £44,786 (34.04%) over the last 5 years and increased by £8,953 (4.87%) over the last 12 months.

Over the last year, there were 107 residential property sales – a decrease of 78 transactions (-72.90%) relative to the previous year. The majority of house sales (40) were in the £250,000 - £350,000 range. Then came properties in the £150,000 - £250,000 range, where 21 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,107 (-1%).

In June 2024, there were 29 new estate agency instructions, 32 agreed home sales and 14 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.

Property Market Heat Gauge for B49 (Alcester) - June 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
89 Hertford Road, Alcester, Warwickshire, B49 6AS	£300,000	£295,000	-£5,000	24 Nov 2023	03 May 2024	161 Days
60 Lower Cladswell Lane, Cookhill, Alcester, Worcestershire, B49 5JY	£550,000	£535,000	-£15,000	20 Apr 2023	22 Feb 2024	308 Days
1 Moorfield Road, Alcester, Warwickshire, B49 5DA	£350,000	£325,000	-£25,000	26 Jul 2023	16 Feb 2024	205 Days
45 Birmingham Road, Alcester, Warwickshire, B49 5EE	£294,000	£293,000	-£1,000	24 Oct 2023	02 Feb 2024	101 Days
11 Newport Drive, Alcester, Warwickshire, B49 5BL	£335,000	£335,000	£00	04 Aug 2023	01 Feb 2024	181 Days
4 Gas House Lane, Alcester, Warwickshire, B49 5QP	£245,000	£238,000	-£7,000	07 Nov 2023	01 Feb 2024	86 Days
84 Meadow Road, Alcester, Warwickshire, B49 6BA	£225,000	£218,000	-£7,000	07 Jul 2023	05 Jan 2024	182 Days
Flat 12, Malin Court, School Road, Alcester, Warwickshire, B49 5DJ	£123,500	£123,500	£00	05 Jul 2023	20 Dec 2023	168 Days
15 Eclipse Road, Alcester, Warwickshire, B49 5EH	£325,000	£310,000	-£15,000	22 Sep 2023	20 Dec 2023	89 Days
18 Eclipse Road, Alcester, Warwickshire, B49 5EH	£300,000	£300,000	£00	05 Sep 2023	15 Dec 2023	101 Days
4 Augustus Drive, Alcester, Warwickshire, B49 5HH	£325,000	£321,000	-£4,000	14 Aug 2023	13 Dec 2023	121 Days
The Jam House, Alne Hills, Great Alne, Alcester, Warwickshire, B49 6JT	£800,000	£749,520	-£50,480	12 Oct 2022	29 Nov 2023	413 Days
1 Alcocks Road, Alcester, Warwickshire, B49 6RE	£300,000	£287,500	-£12,500	05 Sep 2023	29 Nov 2023	85 Days
30 Roman Way, Alcester, Warwickshire, B49 5HB	£305,000	£300,000	-£5,000	14 Aug 2023	27 Nov 2023	105 Days
Flat 17, Malin Court, School Road, Alcester, Warwickshire, B49 5DJ	£100,000	£90,000	-£10,000	16 Aug 2023	24 Nov 2023	100 Days
28 Birmingham Road, Alcester, Warwickshire, B49 5EP	£200,000	£182,500	-£17,500	21 Jun 2023	24 Nov 2023	156 Days
31 Corinthian Court, Alcester, Warwickshire, B49 5AY	£160,000	£150,000	-£10,000	01 Mar 2023	20 Nov 2023	264 Days
5 Roman Way, Alcester, Warwickshire, B49 5HB	£315,000	£312,000	-£3,000	21 Jul 2023	07 Nov 2023	109 Days
1 Abbey Mews, Alcester, Warwickshire, B49 5BY	£290,000	£290,000	£00	05 Aug 2023	20 Oct 2023	76 Days
3 Birch Abbey, Alcester, Warwickshire, B49 5BU	£152,500	£141,250	-£11,250	16 Feb 2023	18 Oct 2023	244 Days

Most Expensive Streets in B49 (Alcester)

Postcode	Street	Area	Average	No. of Sales
B49 6DH	Oversley Castle, Wixford	Alcester	£1,481,666	3
B49 6JS	Alne Hills, Great Alne	Alcester	£860,500	3
B49 6HS	Park Lane, Great Alne	Alcester	£832,625	4
B49 5JS	Church Lane, Cookhill	Alcester	£674,166	6
B49 5NT	Dunnington	Alcester	£621,250	4
B49 5QE	Kings Coughton Lane, Kings Coughton	Alcester	£621,250	4
B49 6FR	The Laurels, Great Alne	Alcester	£597,222	11
B49 6FS	Beech Grove, Great Alne	Alcester	£597,086	11
B49 6FQ	Larch Court, Great Alne	Alcester	£577,000	3
B49 5QW	Abbey Close	Alcester	£576,666	3

Least Expensive Streets in B49 (Alcester)

Postcode	Street	Area	Average	No. of Sales
B49 6AH	Gunnings Road	Alcester	£104,333	3
B49 6PX	Oversley House, Kinwarton Road	Alcester	£109,967	17
B49 5DJ	Malin Court, School Road	Alcester	£111,631	19
B49 5AY	Corinthian Court	Alcester	£138,117	17
B49 5DQ	Flax Close	Alcester	£160,083	6
B49 5RB	Gas House Lane	Alcester	£161,895	10
B49 6EG	Devonish Close	Alcester	£168,890	5
B49 6EE	Rufford Close	Alcester	£176,050	5
B49 6BH	Kingley Avenue	Alcester	£176,983	3
B49 6EF	Seymour Road	Alcester	£178,928	7