As a landlord, whenever you are looking at houses for sale in Cheshire, you could find varying prices throughout an area like Ashley. In this article, this data will be simplified so you can find all of the data on one, convenient page.
So, from the rental yield of Ashley to the success you may expect to get when submitting planning permission. Everything you need to know about house for sale in the UK and in Ashley will be revealed. Keep reading.
Asking price in Ashley for a house for sale
In the city of Ashley, what is the average asking price for the houses for sale?
|Average asking price (1 bed)||£192,188|
|Average asking price (2 bed)||£294,004|
|Average asking price (3 bed)||£456,718|
|Average asking price (4 bed)||£679,370|
|Average asking price (5 bed)||£933,250|
Based on this table, hopefully, you will be able to tell what type of house for sale is the most suitable for your budget. You can also consider the average asking price per square foot (£2,083) for houses for sale with this table to get a good idea as to whether Ashley is the right area to buy a house in for you.
When speaking about the city of Ashley, £494,885 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 would be after a larger house than someone living alone in Ashley.
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.
Always consider average rental yield when searching for houses for sale in Ashley
If you’re buying a house for investment rather than for the reason to live in the house over time and use the house as a place to stay in the long term, there is a need to look at the rental yield figure to see if the house for sale you are considering to buy is a good investment or not.
This figure is usually looked at by investors as well as the rental income of the area, the sale turnover and the rent turnover.
The table below represents this data and compares Ashley to Cheshire and the broader suburb of the UK; North West.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
Let’s assume you want to sell the house you’re looking to buy in Ashley for profit in the future, in this case, looking at the data for the number of houses sold per month in Ashley would give you an idea of whether the area is actively getting new investors. This figure is 120.
It is vital you be careful with this figure however as the data can suggest something that isn’t true in Ashley. To give an example, a lot of people buying new houses could also indicate there are a lot of new first time buyers in the area which would in fact drive down the rental yield.
The more people there are interested in renting, rather than buying, the more likely that area of the UK has high rental yields and hence investors like these areas to invest in to create a large amount of cash flow.
Are there more or fewer houses being built in Ashley?
Whenever you are thinking about looking for houses for sale in Ashley, think about how the city is growing and how this may impact the overall growth of the area.
Comparing the growth at different time periods would be a great way to assess whether the growth has slowed down, remained the same or perhaps stagnated over the years.
|1 year||3 years||5 years|
|Ashley growth rate||7%||23%||27%|
As the population of Ashley grows, this may also push up the price of the houses for sale. More people would be looking to buy homes and permanently live in the area. This demand helps a home appreciate. However, this isn’t always true because some cities build a lot of houses too to match the supply.
What are the demographics like in the city of Ashley?
How much are those living in Ashley earning?
As earning potential goes up in a city, so does the quality of schools in the area, the general infrastructure and the social grade score (31%). All in all, the area becomes a more desirable place to live in.
This is why it is vital to pay attention to how much people are making annually in any city you plan on making a house purchase in. In Ashley, this works out to be £47,350. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
In general, do people commit a lot of crime in Ashley?
In Ashley, for every 1000 people, there is currently a crime rate of 54. 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 (54 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 deprived is the population of Ashley?
Deprivation of a city is defined as the number of people who are considered to not be earning enough to sustain their lifestyle. The UK average of deprivation nationwide is 33% so comparing the figure of 19% for Ashley should give you a nice idea of the deprivation in the area.
What is the social grade score of Ashley?
In the city of Ashley and throughout the UK, the social grade score is assessed by observing what type of jobs people have and then grouping this into a grading system.
In general, the people at the top of the scale (the A category) have the highest paid, most skilled jobs and this is just 4% of the general UK population. On the lower end of the scale, people who are on benefits, state pensions and also manual workers all are grouped into this category that represents the most unskilled.
When trying to determine if the area of Ashley has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 31%.
Below, you can see how this compares to the National average as the average for the top two categories nationwide is 27% (Adding together the A and B categories)
|Social Score||Category||The proportion of the UK population (%)|
|A||Professional, managerial or administrative||4|
|B||Intermediate managerial or professional jobs||23|
|C1||Supervisory, junior managerial or professional jobs||29|
|C2||Skilled manual workers||21|
|D||Semi and unskilled manual workers||15|
|E||State pensioners, casual & lowest grade workers||8|
What does the population of Ashley look like?
Population growth in Ashley 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 Ashley, 134,999 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 Ashley 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 Ashley, this change has been 3%. 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 3%. Click here to know more on the UK population trends.
Over the last decade, how has the population differed in Ashley?
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 7% in Ashley.
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.
Is there sufficient green space in Ashley?
Whether you view green space in Ashley 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 Ashley, the number of acres of green space for every 1000 people currently is 41.7 which can be measured against the UK average of 1.7.
How educated are the people in Ashley?
In the city of Ashley, 33% of people have degrees. In general, as the number of people who are highly educated goes up, the more likely they are to have the ability to buy houses as their annual household income goes up too.
So you can see for yourself, the average income for the people of Ashley is £47,350. This generally goes up with the education level of the area. Additionally, looking at the difference between the proportion of people with degrees and the UK average for this statistic (22.6%) should give you an idea of the affluence and education of the city.
A higher education level can therefore tell you if the house prices are likely to be high as the higher income level often results in people buying a bigger, more valuable house.
Having said this, whale education level can be a good factor to go by, there are also things like the rental yields, the population growth and social grades scores that can impact the value of a house and whether it will go up in value as time goes on.
Ashley in the county of Cheshire 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 Ashley is located in; North West.
Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Ashley, 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.
What is the final sale price of a house in Ashley?
As well as looking at the asking price for house for sale in Ashley, a sensible homeowner or investor will also consider the final price a house sells for. This final price may be influenced by elements like the amount people are earning in the area and what opportunities for employment there are in Ashley.
Houses for sale, are sold on average in Ashley, after the influence of these factors, at £400,164 as a result. And may be on the rise or decline depending on a combination of variables such as the crime rate, or population growth which was 7% over the last 10 years.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£552,066|
|Aerage sold price (semi-detached)||£331,166|
|Aerage sold price (terraced)||£294,363|
|Aerage sold price (flat)||£203,645|
This table above shows the average sale price for each variation of houses for sale in Ashley.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£3,483|
|Aerage sold price/sqft (new build)||£3,463|
|Aerage sold price/sqft (old stock)||£3,405|
This final table looks at the price per square foot of houses for sale. Looking at the final table, you can take a further average and conclude that the average price per square foot of houses in general in Ashley is £3,610.
This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.