Alnwick

Area Guide For Alnwick

Alnwick  is a market/business town in north Northumberland, North east of England. The town's populations was a little more than 8,000 at the 2001 registration, while the previous Alnwick area's population was nearly four time bigger,31,029 residents.

It has been quoted by Country Life, October 2002, "Alnwick is the most pleasant business/market town in Northumberland, and the best place to live in United Kingdom". The town is arranged to a great extent on the south bank of the River Aln, 32 miles south of Berwick-upon-Tweed and the Scottish outskirt, 5 miles inland from the North Sea at Alnmouth and 34 miles north of the city of Newcastle upon Tyne

 

 
 

Alnwick Map

Estimated Price: £226,262
Average Asking Price: £280,890
Price change in last one year: £15,647
Average Price Paid: £202,087
Average Rent Rates: £628

 
 

Property Prices Breakdown in Alnwick

Average Price for property in Alnwick is around £226,262 which varies based on type of property you are interested in and ranges from £316,562 for detached house to around £181,051 for semi-detached. Similarly terraced house is around £177,402 and a flat is worth £153,576. Values have been changing and have risen £1,963 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,925 in last 6 months, £15,647 in last 1 year, £16,350 in last 2 years, £18,012 in last 3 years, £25,471 in last 4 years and £18,027 in last 5 years.

Currently average asking price of a property in Alnwick is around £280,890 based on approximately 229 properties for sale. Same is the case with rental options based on 36 properties up for rent, average asking rent is around £628 per month.

Estimated property value in Alnwick is £226,262. Average asking price is £280,890 while average price paid is £197,039 which is up by £15,647 and Avg. asking rent £628.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 Alnwick area. In last 1 year alone average price buyer paid is around £197,039 based on approximately 229 sales in Alnwick area alone. If you compare it to last 3 years sales of 653 properties where buyers paid around £197,386. 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 £202,087 for 1,114 and average amount paid for purchase of approx. 1,525 properties sold in last 7 years comes to about £202,602 per sale.

 
 

Properties For Sale in Alnwick

 
 

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 £149,975, £158,308 for a 2 bedroom house, £246,121 for a 3 bedroom house, £348,545 for a 4 bedroom house and £442,421 for a 5 bedroom house. For a flat similarly the prices varies from £107,975 for a single bedroom to £127,455 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £162,780. To sum up the asking prices for properties in Alnwick it comes to around average £117,308 for 1 bedroom property, £145,150 for 2 bedroom, £239,710 for 3 bedroom, £348,545 for 4 bedroom and £442,421 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 £594 for 1 bedroom to £488 for 2 bedrooms, £557 for 3 bedrooms, £867 for 4 bedrooms and £1,248 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £426. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £446. You should be generally be expecting around average £468 rent per month for single bedroom property, £475 for 2 bedroom, £557 for 3 bedroom, £867 for 4 bedroom and approximately £1,248 for a 5 bedroom property in Alnwick area.

Popular Houses in Alnwick

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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