Area Guide For Alford

Alford is a large village in Aberdeenshire, north-east Scotland, lying just south of the River Don. It lies within the Howe of Alford (also called the Vale of Alford) which occupies the middle reaches of the River Don. The place-name is thought to come from the Scots "auld ford"; its original position being on the banks of the Don. The "L" sound in the word has, over time, been dropped, and is silent. Alternatively, the name could be a tautology; a combination of 'Ath' and 'ford', both meaning 'ford' in Gaelic and Scots respectively. Alford gave its name to a battle of the Battle of Alford (1645). It is also the home of the world popular Aberdeen Angus cattle breed, which is celebrated by a life-sized model of a bull on the edge of the town. It is believed that the original breeding ground of the cattle was Buffal, located between Tough (Tulloch) and Craigievar nearby Alford. Another claim to fame for the town is the world famous Alford Oatmeal, ground at Montgarrie, just outside the town. Probably due to Alford's relative isolation and large catchment area, there are a large number of services in the village,


Alford Map

Estimated Price: £179,169
Average Asking Price: £214,059
Price change in last one year: £4,264
Average Price Paid: £158,429
Average Rent Rates: £586


Property Prices Breakdown in Alford

Average Price for property in Alford is around £179,169 which varies based on type of property you are interested in and ranges from £207,911 for detached house to around £137,555 for semi-detached. Similarly terraced house is around £106,041 and a flat is worth £79,015. Values have been changing and have risen £2,253 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,288 in last 6 months, £4,264 in last 1 year, £5,920 in last 2 years, £10,248 in last 3 years, £10,608 in last 4 years and £9,541 in last 5 years.

Currently average asking price of a property in Alford is around £214,059 based on approximately 104 properties for sale. Same is the case with rental options based on 447 properties up for rent, average asking rent is around £586 per month.

Estimated property value in Alford is £179,169. Average asking price is £214,059 while average price paid is £169,496 which is up by £4,264 and Avg. asking rent £586.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Alford area. In last 1 year alone average price buyer paid is around £169,496 based on approximately 104 sales in Alford area alone. If you compare it to last 3 years sales of 291 properties where buyers paid around £158,847. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £158,429 for 467 and average amount paid for purchase of approx. 602 properties sold in last 7 years comes to about £160,046 per sale.


Properties For Sale in Alford


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £97,712, £126,542 for a 2 bedroom house, £185,381 for a 3 bedroom house, £274,392 for a 4 bedroom house and £363,318 for a 5 bedroom house. For a flat similarly the prices varies from £73,849 for a single bedroom to £116,206 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £159,054 and £100,000 for a 5 bedroom flat. To sum up the asking prices for properties in Alford it comes to around average £83,394 for 1 bedroom property, £124,403 for 2 bedroom, £185,003 for 3 bedroom, £274,392 for 4 bedroom and £361,692 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £407 for 1 bedroom to £539 for 2 bedrooms, £632 for 3 bedrooms, £619 for 4 bedrooms and £697 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £430. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £553, £550 for 3 bedroom and £1,291 for 4 bedroom. You should be generally be expecting around average £421 rent per month for single bedroom property, £546 for 2 bedroom, £631 for 3 bedroom, £640 for 4 bedroom and approximately £697 for a 5 bedroom property in Alford area.

Popular Houses in Alford

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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