Whenever looking for a house for sale in the UK or in Aston, it is vital you look at the market trends and house price fluctuations in the wider area of Cheshire too. House prices of houses for sale can change even among different streets very close to each other so, as a landlord, it would be a good idea to be familiar with the area of Aston.
In this article, we will be looking at the city of Aston in detail so you know how to navigate the area and have a better understanding on where to invest.
What are the asking prices for the houses for sale in the city of Aston?
When investors make offers for houses for sale in Aston, the average price asked by the homeowners works out to be £351,879.
In the table below, for all the different sizes of houses in the area, the average asking prices have been displayed. This tells you what kind of house is more or less expensive and sought after despite houses with fewer bedrooms being overall less expensive anyway.
Any house that looks like it is overpriced for the number of bedrooms it has in Aston is typically not overpriced. It is just the case that that type of housing has a higher demand, therefore, people are willing to pay more.
Average asking prices for houses for sale in Aston
| Average asking price (1 bed) | no relevant data for this city |
| Average asking price (2 bed) | £232,078 |
| Average asking price (3 bed) | £327,299 |
| Average asking price (4 bed) | £527,612 |
| Average asking price (5 bed) | £1,148,818 |
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 (£1,447) for houses for sale with this table to get a good idea as to whether Aston is the right area to buy a house in for you.
In Aston, what are the demographics like?
The city of Aston, situated in Cheshire, is a particularly impressive part of the UK because of the specific demographics of the location.
In the below headings, the city of Aston and its demographics will be compared to its wider location (North West). This includes population size, growth and population education now and into the future.
These statistics are heavily influenced by socio-economic factors and as a result this also shapes the projected house price of the houses for sale in Aston. So, taking a good look at the data is essential to understand the area you are considering to buy in.
In Aston, what are the deprivation levels like?
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Aston, currently, 27% 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.
In Aston, what is the social grade score?
Most of the time, the social grade score of a city is what it takes to determine what the economic levels are like as this score refers to what type of jobs the people of the area generally work as. So, from highly skilled, managerial roles, to the manual labour workers of the UK, how does Aston compare?
At the highest end of the scale (A) jobs that are managerial administrative or professional are all lumped into this category. On the other hand, there is the lowest grade (E) where workers who are on benefits, state pensions or work casual jobs fall into.
In Aston, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 21%.
So you can compare this data, here is the estimated grouping of the social grades of the UK for the general population. Adding the two highest categories of A and B and comparing this percentage to the high social grade score which combines A and B should give you a good comparison.
| 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 salary does the community in Aston take home?
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 Aston. Compare the area’s average household income of £40,900 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 21% for more conclusive data on the affluence of the area.
How educated are the people in Aston?
Interestingly, the percentage of people who have a degree in the city of Aston is 24%. Most of the time, the more people that have a degree, the higher the average household income and the more likely someone is to be able to afford to purchase a house. For example, the average income of the citizens in the area of Aston is £40,900.
Generally, areas with high numbers of people with a degree are also areas with more people likely to be home owners and therefore the value of houses and relative prices of the houses for sale are more likely to go up too.
Nonetheless, making predictions about the appreciation of a house also has to be considered alongside other factors like population growth and the rental yields of the area.
However, most of the time, being educated is a good indication of affluence with 82% of people graded a first in tertiary education going on to eventually own a house.
In the city of Aston, is there a lot of green space?
In the city of Aston, there are 25.0 acres of green space per 1000 residents.
The charity, ‘Fields in Trusts’ recommends a minimum of 6 acres of green space per 1000 people so it is easy to see where Aston is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.
Have the people of Aston grown in numbers?
In total, the number of people in Aston is 196,944. This figure can be used to estimate the appreciation of the houses but it is also important you look at the population growth figure in order to make this more accurate.
Whether a large population benefits you as a landlord is dependent on what you want from a home. A large population is great if you have children who prefer the bustle of crowds in cities but there are also those who purposely want to buy somewhere rural.
You may also be able to find a balance of both where there are shops, restaurants and entertainment and also rural areas all within a short distance which may be the case ni Aston, depending on where exactly you are.
How has Aston changed in the past five years?
Five years provides enough time for a city to grow dramatically. It may be the case that the population grows or shrinks but the city of Aston has changed by 3%. Read more here
It is also helpful to compare this data to a longer time period like 10 years like in the below subheading. If the population trend of growth or decline has been there for a longer period of time you’ll be able to tell if 3% is a recent change or not.
Click here to know more on the UK population trends.
In the last decade, what is the difference in population in Aston?
6% has been the population growth change in the past 10 years.
Usually, this is more of a conservative figure compared to the five year change of a city.
Industrial changes can also be the reason for this shift but it could also be due to immigration or emigration. Bringing people in or out of the area.
The recent global pandemic has also shifted the number of people living in cities as people realise they can now work remotely. It may be that the people of a Aston have seen a more desirable way of working, moving to make themselves more comfortable in their careers.
For example, the population of the South west of England has seen a massive increase in population because workers want to move there to benefit from the slightly better weather, lower house prices and also the rural area. Nonetheless, they can also benefit from travelling to the capital city of the UK, London.
What’s the crime rate in Aston?
For every one thousand people living in Aston, 95 commits crimes and are prosecuted. Coming to a conclusion as to whether all the other factors of your house purchase like the house price justify this figure when contrasting it with the UK average of 79.52 is something you should do as a homeowner.
It could be that the crime rate is higher than you expected but there it is worth the population growth, appreciation of the house and worth the relative price you are purchasing the house for.
Nonetheless, the crime rate of 95 is not a statistic that should just be ignored as you could have to pay more for things like home insurance and install additional security on your house if the rate is particularly high.
Either way, burglaries are not something you would want to encounter in a house. Whether that be a house you are living in or a house you are renting out to tenants.
Always consider average rental yield when searching for houses for sale in Aston
Are there more or fewer houses being built in Aston?
Whenever you are thinking about looking for houses for sale in Aston, 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 | |
|---|---|---|---|
| Aston growth rate | -2% | 13% | 22% |
As the population of Aston 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.
Let’s consider that you’re not looking to buy a house for sale to live in for the long term future such as if you changed location with your family and want to settle down and you want to find somewhere to buy as an investor in Aston. If this is the case, rental yield is a crucial statistic to consider.
If looking to invest, you should also consider other data about the area. The average rental income, the turnover of the sale of the house and what the net rental yields are like for the area do also have an impact on the final price of houses for sale in Aston.
It is clear to see from the table below that there is a difference between all of these pieces of information and how they can be compared and contrasted on a county level (Cheshire), a regional level (North West) and finally on the level of the city talked about in this article, Aston.
| Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
|---|---|---|---|---|
| Aston | 3.8% | £1,095 | 131% | 17.3% |
| Cheshire | 3.58% | £943 | 128.55% | 20.11% |
| North West | 4.36% | £808 | 120.36% | 20.19% |
You may also find it useful to compare the data above to the number of properties sold per month Aston experiences. This figure for house sales per month is 136. Looking at all this information holistically is what a smart investor should do when deciding on the right area for investment before looking for houses for sale.
In general, what do houses for sale sell for in Aston?
For the city of Aston, the average price a house sells for is £271,528. This value usually depends on the exact location of the house within Aston as well as other factors like the population growth in Aston which is 6% over a ten-year period.
| Housing category | Total final sale price |
|---|---|
| Aerage sold price (detached) | £414,484 |
| Aerage sold price (semi-detached) | £227,059 |
| Aerage sold price (terraced) | £205,037 |
| Aerage sold price (flat) | £143,538 |
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 Aston.
| Housing category | Sale price per square foot |
|---|---|
| Aerage sold price/sqft | £2,497 |
| Aerage sold price/sqft (new build) | £2,457 |
| Aerage sold price/sqft (old stock) | £2,383 |
Generalising the bottom table, the average value per square foot of a house for sale is £2,559. This value averages all of the types of houses for sale in Aston. 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 Aston.
Get professional help on the houses for sale in Aston
A house for sale that is right for you
What parameters impact the final price of a house for sale in Aston?
Here below is our list with the most important ones:
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House for sale affordability – check out the (see house affordability guide)
on the UK gov website to know more
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House Location – the actual location of a house for sale drastically changes the final price of a property
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Transports you can reach by foot – Commuting is part of our lives, especially in big cities, check it out before buying a house for sale.
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Number of bedrooms – Usually, the bigger the house for sale the more bedrooms it will have. For example, if you are a single person (or a couple) one bedroom will do.
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Energy Performance Certificate of the house for sale – Bad EPCs can result in thousands of pounds more in bills you will have to pay on an annual basis. Consider this when purchasing a new property.
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Internet connection – Having a quick internet connection is fundamental nowadays. Check the area of the house for sale to understand what the average internet speed is and see if it fits your needs
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Do you drive to the office? – If yes, ask about parking. Is it included in the house price?
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Special areas – Start by taking a look at the National Heritage list by the UK government. If a house listed for sale appears in the list, the future landlord won’t be able to invest in changes to the real estate asset.
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Houses for sale Conditions – When looking for houses for sale you should always consider the amount of time and money you will have to invest to complete the needed repairs, if any at all.
Are you considering other cities with houses for sale?
Examine this short list of cities belonging to North West, the same region where Aston is located.
- Aston in North West
- Arclid in North West
- Barbon in North West
- Halewood in North West
- Liverpool in North West
If none of these is of your interest, we suggest you visit our landing page with all data related to the houses for sale in the UK.
Who should you talk to while going through the process of making an offer on a house for sale?
Several experts specialise in giving advice to property investors or to first time potential buyers.
Since the process of finding the right house for sale can take months, you have all the time to consult with the experts you might need.
Find here a list of those you should contact to get professional guidance and assistance when purchasing a house for sale:
- Lender – This practitioner can lend you money to finalise a house purchase
- Insurer – Insuring companies will provide you with the insurance policy you need to protect the house for sale you want to buy
- Legal representative – This professional is usually there to handle all the legal tasks associated with purchasing a home for sale.
- Surveyor – Carries out and independent valuation on the house for sale based on its conditions. It is very useful to understand the correct price before making an offer
- Mortgage specialist – Mortgage advisors works on commissions. They will get a cut from the bank and will guide you with offering the best deals given your financial situation
- Energy assessor – We strongly suggest you to invest in a professional assessment of the Energy Performance of the house for sale you want to purchase
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