Abberton might be an interesting area to invest in when looking for a house for sale in the UK as it is a unique area in the county of Worcestershire. Before looking for a house for sale in the city of Abberton we strongly suggest landlords and real estate investors to research in detail and consider all involved factors. Indeed, house prices can change quite a bit depending on the square foot of the property, the number of rooms, the economic climate, the location of the house and more. In this data heavy article the reader will be able to find out more on the topic and see the specific data to consider when evaluating different houses for sale in Abberton.
A house for sale appropriate to your needs
Many criteria impact the price of houses for sale in Abberton. Here below are the most important ones according to Lofti’s expertise:
Affordability – (see what house for sale can you afford?)
A guide from the UK government
House Location – The borough and region of the UK you want to invest in is an important factor to consider when looking for a home for sale.
Transport – Commuting can be a waste of time. Minimise it by checking how long it will take from the house for sale you’re interested in, to your office before considering buying
Number of bedrooms – The number of bedrooms goes hand in hand with the house for sale price. If you are buying for the long period try to think if you might need an extra bedroom
Energy performance of the house for sale – The difference between an EPC rating of A and an EPC rating of G can impact your monthly utility bills, consider this when evaluating houses for sale.
Internet connection – Being able to take video calls from your home is crucial nowadays, always check the broadband of the area when browsing houses for sale
Car park – Ask the property seller for parking availability. If it is included in the price of the house for sale, you can justify paying more than you would at first glance
Conditions of the house for sale – Repair works can be expensive and take a lot of time, assess the conditions of the houses listed for sale before making an official offer.
Are you considering other cities with houses for sale?
You can consult our list below that goes over a list of cities not necessarily in West Midlands, allowing you to find similar places to Abberton:
- aberdaron in West Midlands
- badenscoth in West Midlands
- beeston in West Midlands
- warndon in West Midlands
- sheffield in West Midlands
You may also refer to our webpage specific to UK houses for sale to get an overview of the large number of cities in the area, houses for sale in the UK
In general, for the city of Abberton, what are the final purchase prices for the houses for sale?
For the city of Abberton, the average price a house sells for is £325,753. This value usually depends on the exact location of the house within Abberton as well as other factors like the population growth which is 13% over a ten-year period.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£402,625|
|Aerage sold price (semi-detached)||£269,430|
|Aerage sold price (terraced)||£241,803|
|Aerage sold price (flat)||£173,192|
The above table puts this figure into perspective as you can see the various average sale prices of a house for the specific type of house you’re most interested in. This comparison is important because the type of house you’re considering to buy may be more or less in demand based on variations in supply and demand in the city of Abberton.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£3,040|
|Aerage sold price/sqft (new build)||£2,960|
|Aerage sold price/sqft (old stock)||£2,955|
Generalising the bottom table, the average value per square foot of a house for sale is £3,170. This value averages all of the types of houses for sale in Abberton. So, if you’re not sure what type of house you want specifically, you can still get an idea of the real estate market of Abberton. Bear in mind that if you are a landlord looking to buy a property to rent, you will also run into other expenses like letting agent fees and the cost of listing your property for sale on Rightmove in your city.
Get professional help on the houses for sale in Abberton
Nowadays, there are so many properties on the real estate market that it can be difficult to decide which one is the best house for sale for you. So, who can help you navigate the process of choosing a house for sale? The number of professionals that offer real estate investors advice and assistance is broad and when it comes to dealing with houses for sale, the process can be complex. Find here a list of those that can help when buying a house for sale:
- Moneylender – lends you the sum of money you need to buy the house for sale you are looking for
- Insurance agent – A firm that provides several insurances and protections for the house for sale that might become your future house
- Solicitor – A person or company that will sort out the legal work needed before buying a house for sale
- Civil engineer – Also called surveyor, he or she will provide you with an independent valuation of the house for sale you are willing to buy
- Mortgage advisor – Realistically, you will need a mortgage in order to afford to buy a house for sale. Mortgage advisors will guide you and propose the best mortgage deals based on your financial records
- EPC specialist – Especially nowadays, getting professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering buying is crucial
What are the demographics like in the city of Abberton?
In Abberton, what is the crime rate?
In Abberton, for every 1000 people, there is currently a crime rate of 7250%. This can be compared to the national average of 79.52 for every 1000 people. Low crime rates are desirable for your safety as a homeowner. Even if you don’t tend to leave the house too often and tend to not mind living in a slightly more dangerous area. Things like burglaries are always a possibility which could harm your ability to pay for home insurance and also may force you to install additional security in your home that can cost you further. Having said this, you can look at the crime rate on a deeper level to find out what the threats are exactly. It could be the case that a proportion of these crimes (7250% for every 1000 people) come from things like anti-social behaviour rather than more serious crimes like violence and sexual offences. If this is the case you may be more willing to look over a high crime rate within the areas you’re looking to buy a home.
How much green space is available to residents of Abberton?
Whether you view green space in Abberton as important to you as a homeowner is up to your personal preferences. Having said this, there is a clear benefit on the overall health of people who live near green space as the government has stated keeping green space in proximity to people is one of the biggest factors for combating obesity. In Abberton, the number of acres of green space for every 1000 people currently is 22 which can be measured against the UK average of 1.7.
In Abberton, what are the deprivation levels like?
The number of people who are deprived can have an impact on the perception of your house in the general marketplace. Additionally, if you are looking for a house to live in for the long term, you can start to picture what your neighbours and the people in your area live like financially. If the proportion of deprivation of Abberton is £0 and in general for the UK this figure is somewhere around 33%, you can see if this figure is something you are happy with as you search for a house to buy.
What is the city of Abberton’s social grade score?
The social grade of a city is useful when searching for a house for sale because it tells you what kind of jobs people have in the area. For example, there could be a lot of skilled manual workers or there could be a lot of pensioners and people on benefits.
The scale goes from a social grade of an A who are high managerial, administrative or professional workers to an E where people in this category are on state pensions, casual workers or unemployed on state benefits. The number of people in Abberton in grades A or B which are the highest skilled roles in the country is 27%.
Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £44,500.00 is the average household income of the area. You can see how this figure is congruent with the number of people in the top two categories of the social grade at 27%. Abberton in the county of Worcestershire is notable for its specific demographics and has individual characteristics. For localised cities and the bigger areas of the UK there are wide variations in the demographics that shape an area so the same is also true for the wider region Abberton is located in; West Midlands. Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Abberton, what the social grade score of the city is like and if the green space matches the recommended levels people living in the UK should have.
Have the people of Abberton grown in numbers?
Population growth in Abberton is important to know if there is housing demand and the total population may also be looked at as large populations commonly have a lot of buyer demand. In Abberton, 45953 people live in the city as their main place of residence. It is important to note that it is not the case that everyone likes a large population to live in. People who tend to prefer a more relaxed life are more likely to buy or rent somewhere to live that has a small population and perhaps also wouldn’t mind if the population isn’t growing. Other people also like to have a mix of both. Where they can visit rural areas and also benefit from the amenities of a busy city.
In Abberton in the previous five years, have population numbers transformed?
Five years may seem like a long time but it is rare for a city to grow that much unless there is dramatic population growth. In Abberton, this change has been 7%. Read more here Someone who wishes to find out how this change has occurred over a longer period of time may also wish to read the headings below and see if the change has continued throughout the past decade too. Or if the change is only true for the more recent figure for five years of 7%. Click here to know more on the UK population trends.
Over the last decade, how has the population differed in Abberton?
Populations change all the time but if there is a clear change in population in the last ten years this is even more reliable data about the population of the area as opposed to five. This adjustment in population works out to be 13% in Abberton. What this statistic is like in comparison to the population change in five years should provide you with a comprehensive understanding of what direction the population is heading in. In recent years because of the pandemic, it is common to see dramatic differences in the population change in the last five years when comparing it to ten as people realise they can work from home but still keep the current jobs they have. This means they can move to cities they wouldn’t have considered otherwise and be location-independent of their source of income. Perhaps making a longer commute into the office every week for example.
How educated are the people in Abberton?
In Abberton, the proportion of people who have a degree is 28%. Generally speaking, as the number of people with degrees increases, the more people are able to afford houses to buy as a degree is a good indicator of a higher income. To put this into perspective, the average income of Abberton is £44,500.00. This figure for average household income usually goes up alongside the percentage of people who have degrees. However, this is not a hard and fast rule, there are many factors influencing the buying power of a population and hence the appreciation of housing and the number of houses for sale in the area. This can include the rental yields of the area and other demographic statistics like crime rate. Nonetheless, it cannot be argued that those with degrees tend to live in more affluent areas as 82% of people who achieve a first in degree level education are owners of the place they live.
How much are those living in Abberton earning?
Typically, as people earn more money, the more they are able to afford and the better house prices in the area because demand goes up. You could also infer that the amenities such as schools, parks and public areas are generally of high quality as a result. For these reasons, it could be argued that areas where people earn more money are generally nicer arrears to live in which also attracts more people as a result and further drives up house prices in the area. To see if this phenomenon occurs in Abberton. Compare the area’s average household income of £44,500.00 to the average household income in the UK at price34,000. Adding to this, compare it with the figure for the highest social grade score too at 27% for more conclusive data on the affluence of the area.
Why you should consider the average rental yield when searching for houses for sale in Abberton
Is the housing market in Abberton growing?
Before making an investment and move forward with buying a house for sale, another important set of data an investor should analyse is the growth trends of the area in question. Below are the forecasted growth rates for the city of Abberton at 1 year, 3 year and 5 year intervals:
|1 year||3 years||5 years|
|Abberton growth rate||1%||15%||20%|
Examine this figure carefully as the addition of a lot of new houses to meet demand could mean that house price of the houses for sale in Abberton gradually reduces with an increase in the housing supply. This could be a good indicator to understand if your house will appreciate or not. Too many houses and too much supply could drive down the prices of homes or stagnate them. So be sure to check out what is exactly happening in Abberton. Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Abberton, currently, £0 people fall into this category.
Measuring this statistic against the nationwide average of 33% should give you a pretty good idea of where the city lies in the scale of poverty in the area and how much you can charge for rent in your ast (assured tenancy shorthold).
On average, what is the figure for the asking price of a house for sale in Abberton?
When speaking about the city of Abberton, £433,606 is the asking price for a house for sale. We have compiled a table of data so you can know the asking prices of the specific size of home you’re most interested in. As you can imagine, a family looking to move out with children in Abberton would be after a larger house than someone living alone. The data is in fact very different compared to the number of rooms you’re interested in having in your home and the asking price also tends to go up in staggering amounts as you add rooms.
In the city of Abberton, what is the average asking price for the houses for sale?
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£282,712|
|Average asking price (3 bed)||£403,060|
|Average asking price (4 bed)||£561,293|
|Average asking price (5 bed)||£689,111|
Reading the table above should therefore give you a good idea of the type of house for sale that is within your budget in Abberton and if you may need to look at a different area in order to buy the type of house you can afford. Also, noting the £1,930 should also give you an overview of what the asking price for houses for sale are in general.
Frequently Asked Questions
Do properties in Abberton offer renovation potential?
If planning permissions are abundant in the vicinity of Abberton, it may look promising for landlords looking to renovate. With 16 getting approved on a monthly basis, and a success rate of nan, these prospects flourish against a population of 45953. A comparative analysis against other locations across the UK will lend you a good perspective of this data.
In Abberton, how many property sales per month are there?
Abberton boasts a monthly total of 16 property transactions, while the entire UK witnesses approximately 1.1 million property sales. You can visit our pages that give information on houses for sale based on Rightmove data from the same region using the link
What is the population change each year in a city like Abberton?
To assess the shifts in Abberton’s population over time, analyse how the population has altered. Look at the ten year change of population of 13%, alongside the five-year change of 7%.
What are the asking rates for houses for sale in the surrounding area of Abberton?
Currently, the mean asking price of a house in Abberton is £1,930, calculated using the average value per square foot
Is purchasing a house in Abberton considered a costly decision?
To assess the affordability of a property, locate a house for sale and contrast it with the mean selling prices. In Abberton, the value is £325,753, whereas the UK’s mean is £286,500