Area Guide For Alfreton

Alfreton is a town and common area in Amber Valley, Derbyshire, England, connecting the Bolsover and North East Derbyshire areas. It was once a Norman Manor and later a Urban District. The number of inhabitants in the Alfreton ward was 7,971 at the 2011 Census. The towns of Ironville, Riddings, Somercotes and Swanwick were truly piece of the Manor and Urban District, and the populace incorporating these was 24,476 in 2001

. Alfreton is said to have been established by King Alfred and to have gotten its name from him. The placename shows up in diverse structures all through the ages, for example, "Elstretune" in Domesday, however the soonest gives off an impression of being in AD1004 in the will of Wulfric Spott, the organizer of Burton Abbey. Amongst his endowments was 'Aelfredingtune', or 'Alfred's farmstead', which is accepted to identify with Alfreton. However there is no confirmation that this Alfred was the previously stated lord.


Alfreton Map

Estimated Price: £139,433
Average Asking Price: £239,067
Price change in last one year: £3,066
Average Price Paid: £126,448
Average Rent Rates: £4,235


Property Prices Breakdown in Alfreton

Average Price for property in Alfreton is around £139,433 which varies based on type of property you are interested in and ranges from £203,807 for detached house to around £113,036 for semi-detached. Similarly terraced house is around £92,546 and a flat is worth £78,175. Values have been changing and have risen £885 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,971 in last 6 months, £3,066 in last 1 year, £11,367 in last 2 years, £9,513 in last 3 years, £10,946 in last 4 years and £5,432 in last 5 years.

Currently average asking price of a property in Alfreton is around £239,067 based on approximately 715 properties for sale. Same is the case with rental options based on 125 properties up for rent, average asking rent is around £4,235 per month.

Estimated property value in Alfreton is £139,433. Average asking price is £239,067 while average price paid is £131,210 which is up by £3,066 and Avg. asking rent £4,235.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 Alfreton area. In last 1 year alone average price buyer paid is around £131,210 based on approximately 715 sales in Alfreton area alone. If you compare it to last 3 years sales of 1,867 properties where buyers paid around £129,385. 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 £126,448 for 3,006 and average amount paid for purchase of approx. 4,132 properties sold in last 7 years comes to about £126,135 per sale.


Properties For Sale in Alfreton


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 £73,967, £107,203 for a 2 bedroom house, £138,768 for a 3 bedroom house, £283,907 for a 4 bedroom house and £439,120 for a 5 bedroom house. For a flat similarly the prices varies from £54,225 for a single bedroom to £89,950 for a 2 bedroom Flat. To sum up the asking prices for properties in Alfreton it comes to around average £62,686 for 1 bedroom property, £107,040 for 2 bedroom, £138,768 for 3 bedroom, £283,907 for 4 bedroom and £439,120 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 £410 for 1 bedroom to £433 for 2 bedrooms, £538 for 3 bedrooms, £675 for 4 bedrooms and £793 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £340. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £459. You should be generally be expecting around average £353 rent per month for single bedroom property, £434 for 2 bedroom, £538 for 3 bedroom, £675 for 4 bedroom and approximately £793 for a 5 bedroom property in Alfreton area.

Popular Houses in Alfreton

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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