Alloa

Area Guide For Alloa

Alloa is a town and previous burgh in Clackmannanshire, set in the Focal Marshes of Scotland. It lies on the north bank of the Firth of Forward near to the foot of the Ochil Slopes, 5.5 miles (8.9 km) east of Stirling and 7.9 miles (12.7 km) north of Falkirk. Dr Jamieson, creator of the Scottish Word reference, expresses that the most likely historical underpinnings of the name was from Aull Waeg, implying the path to the ocean or the ocean way. The town was a burgh of barony, and today is the authoritative focus of Clackmannanshire board. The economy of the town depended vigorously on exchange through its port with territory Europe, yet because of rivalry from current ports it shut in 1970. These days the economy is focused on retail and recreation after the conclusion of the fundamental commercial ventures of the town; one and only brewer and one glassmaker survive today. Alloa had an inhabitant populace of 18,989 at the time of the 2001 census.

 
 

Alloa Map

Estimated Price: £131,180
Average Asking Price: £136,036
Price change in last one year: £11,713
Average Price Paid: £118,960
Average Rent Rates: £458

 
 

Property Prices Breakdown in Alloa

Average Price for property in Alloa is around £131,180 which varies based on type of property you are interested in and ranges from £210,685 for detached house to around £126,319 for semi-detached. Similarly terraced house is around £92,813 and a flat is worth £82,230. Values have been changing and have risen £1,841 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,014 in last 6 months, £11,713 in last 1 year, £15,119 in last 2 years, £8,482 in last 3 years, £16,078 in last 4 years and £9,838 in last 5 years.

Currently average asking price of a property in Alloa is around £136,036 based on approximately 487 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £458 per month.

Estimated property value in Alloa is £131,180. Average asking price is £136,036 while average price paid is £123,145 which is up by £11,713 and Avg. asking rent £458.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 Alloa area. In last 1 year alone average price buyer paid is around £123,145 based on approximately 487 sales in Alloa area alone. If you compare it to last 3 years sales of 1,257 properties where buyers paid around £119,553. 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 £118,960 for 1,856 and average amount paid for purchase of approx. 2,769 properties sold in last 7 years comes to about £120,119 per sale.

 
 

Properties For Sale in Alloa

 
 

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 £69,746, £89,367 for a 2 bedroom house, £131,056 for a 3 bedroom house, £206,028 for a 4 bedroom house and £251,735 for a 5 bedroom house. For a flat similarly the prices varies from £48,658 for a single bedroom to £76,311 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £94,284. To sum up the asking prices for properties in Alloa it comes to around average £57,093 for 1 bedroom property, £81,704 for 2 bedroom, £127,214 for 3 bedroom, £206,028 for 4 bedroom and £251,735 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 £516 for 2 bedroom to £508 for 3 bedroom and £826 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £349. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £444 and £537 for 3 bedroom. You should be generally be expecting around average £349 rent per month for single bedroom property, £457 for 2 bedroom, £516 for 3 bedroom and approximately £826 for 4 bedroom property in Alloa area.

Popular Houses in Alloa

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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