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At lofti we want to simplify your life and help you buy, sell or rent your property. We have assembled all the agent in Blackbrook to help you find the perfect agent for you
Blackbrook can be a tough place to find accurate information like any city in the UK. Read on to learn about which data to stay on top of when looking at house for sale in Blackbrook.
On top of this, keep reading for detailed information on the demographics of Blackbrook in Staffordshire. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.
Who can help you buy a house for sale in Blackbrook?
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
In Blackbrook, what do houses for sale tend to sell for?
In Blackbrook, the average sale price of a house for sale is in fact £159,287. This is dependent on the 10 year population growth of Blackbrook being 5%. Growing populations are more likely to inflate the prices of houses for sale in the city of Blackbrook.
| Housing category | Total final sale price |
|---|---|
| Aerage sold price (detached) | £253,029 |
| Aerage sold price (semi-detached) | £153,733 |
| Aerage sold price (terraced) | £109,987 |
| Aerage sold price (flat) | £70,833 |
The list below is able to inform you of what these prices are. Giving you an accurate estimate of whether a landlord is likely to accept your offer based on the prices of the houses for sale in Blackbrook.
| Housing category | Sale price per square foot |
|---|---|
| Aerage sold price/sqft | £1,780 |
| Aerage sold price/sqft (new build) | £2,270 |
| Aerage sold price/sqft (old stock) | £1,710 |
Evidently, certain types of houses for sale will have different types of demand and this will be reflected on the final price.
On average, the cost of a house for sale per square foot works out to be £2,070. This means if you are just looking out the houses sold in Blackbrook in general and didn’t take into consideration the type of build. For example, a new build.
On average, what is the figure for the asking price of a house for sale in Blackbrook?
When speaking about the city of Blackbrook, £191,975 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 Blackbrook 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.
Average price of houses for sale in Blackbrook
| Average asking price (1 bed) | £80,995 |
| Average asking price (2 bed) | £140,741 |
| Average asking price (3 bed) | £207,876 |
| Average asking price (4 bed) | £325,168 |
| Average asking price (5 bed) | no relevant data for this city |
The tables should give you a generic view of what the prices of the houses for sale are like. To close things off, the average asking price for the house for sale in the whole of Blackbrook is £2,360. This should show you the general prices overall and for individual types of houses too.
Are you considering other cities with houses for sale?
Below is a list of towns that differ from Blackbrook.
Going over these locations will help you evaluate the different houses for sale across the UK. Whether that be in the same or a very different region to West Midlands:
- bontddu in West Midlands
- basingstoke in West Midlands
- cadole in West Midlands
- corringham in West Midlands
- kilby in West Midlands
If you are interested in other cities or even regions of the UK, please visit the following page for more information:houses for sale in the UK it contains all the data related to the houses for sale in our nation.
A house for sale that is right for you
Many criteria impact the price of houses for sale in Blackbrook.
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.
What kind of demographics does the city of Blackbrook have?
In Blackbrook, what is the crime rate?
In Blackbrook, for every 1000 people, there is currently a crime rate of 9200%. 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 (9200% 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 Blackbrook?
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 £0 for Blackbrook should give you a nice idea of the deprivation in the area.
In the city of Blackbrook, is there a lot of green space?
In the city of Blackbrook, there are 22 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 Blackbrook is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.
In Blackbrook, how educated are people in general?
The number of people as a percentage who have been through university and gained a degree is 23%. The ability to buy a home is greatly influenced by the number of people who have degrees. £38,800.00 is the amount people in Blackbrook are earning.
As you can tell, this figure along with the number of people who have degrees roughly correlate. For reference, the percentage of people who have degrees in the UK is 22.6% and the average household income is.
As a general rule, the bigger the difference between this 22.6% figure and the percentage of people with a degree in Blackbrook, the bigger the difference in the ability to earn and hence buy a house. A higher number of degrees will increase the potential for people to earn and hence the buying power of the population. This will also push up the price of houses in the area.
Nonetheless, making accurate estimates for the appreciation of homes must be done with other pieces of data in mind such as the rental yields or perhaps the crime rate of the area to name some examples.
In Blackbrook, what is the social grade score?
In the city of Blackbrook 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 Blackbrook has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 19%.
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 |
In Blackbrook, how has the population changed?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Blackbrook if 82175 and in the below heading how this population has changed will be broken down.
Like most data to do with houses, all data has to be considered holistically with multiple variables to determine if the population growth actually impacts the statistics that matter to you as a landlord in Blackbrook such as rental yield or house appreciation.
How has the population size of Blackbrook adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Blackbrook by 2%. Analysing this figure is a great way to tell if there is new demand for housing or not as a decreasing figure reduces the number of people who want to buy houses. Read more here
To compare this figure over a greater period of time, you could look at the figure for the 1 year population too and compare them. This way you can see if the population has changed recently or if this 2% change has historically occurred before. Click here to know more on the UK population trends.
Over the last 10 years, how has the population size adjusted in Blackbrook?
In the last decade, the population of Blackbrook has been adjusted by 5%. This growth may be as a result of factors like new industries employing people or emigration and immigration balancing out to create this population change.
A precedent that shows population change in this way over decades is the region of Greater London. The capital city has grown by 27% in the past 20 years. Population growth has caused house prices to go up to price523,666 on average.
How much do people in Blackbrook earn?
You may be wondering what the amount people earn has to do with house price. Well, house prices generally go up as people earn more not just because they can afford more valuable properties but also because good areas generally attract more desirable infrastructure. For reference, the average household income is £38,800.00.
This may be better schools, doctors and areas with lower crime rates. This results in a snowball effect which polarises different areas further, increasing the demand for housing in richer areas by a greater amount. And increasing the proportion of people with high social grade scores. For Blackbrook this figure is 19%.
In the city of Blackbrook, the demographics are unique and must be looked at by themself to make a conclusion about the area before buying a house. This is because the growth could be greatly different to the wider area of Staffordshire for example.
These demographics for Blackbrook may impact the price of a house, how this house grows over time and the profitability of a house if you are buying it for an investment so knowing the area is crucial for a landlord making a purchasing decision in the city of Blackbrook in West Midlands.
In Blackbrook, what are the rental yields?
The figure of rental yield is commonly looked at by investors who wish to increase their income by investing in areas where rental yields of the houses for sale are higher. Usually, the higher the rental yield, the more attractive a house for sale is for an investor. This is why it is common for landlords to increase rent using section 13, to maximise this yield, as it is so important.
Nonetheless, there are also instances where an investor will go with a house with lower yields in order to benefit from the appreciation of a house too which is why it’s vital to look into all the details of Blackbrook.
The data below shows the rental yield, rent turnover and the percentage of the money made on the sale of a house. The data is broken down into the county city is in (Staffordshire) as well as the broader region; West Midlands.
| Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
|---|---|---|---|---|
| Blackbrook | £0 | £738 | £1 | £0 |
| Staffordshire | 3.76% | £767.24 | 113.22% | 20.39% |
| West Midlands | 0.04 | 876.64 | £1 | 20.00% |
Also, you can compare other data to the table above such as the number of houses sold per month in Blackbrook which is 58 and get a better understanding of the housing market.
This is great if you want to gauge if investors are actively looking for houses for sale in the area over other areas in the UK which may be an induction of how profitable Blackbrook is to invest in. Both in terms of rental yield and capital appreciation.
Are there more or fewer houses being built in Blackbrook?
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 Blackbrook at 1 year, 3 year and 5 year intervals:
| 1 year | 3 years | 5 years | |
|---|---|---|---|
| Blackbrook growth rate | 1% | 19% | 31% |
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 Blackbrook 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 Blackbrook.
FAQ (Frequently Asked Questions)
Do properties in Blackbrook offer renovation potential?
Every single month in Blackbrook, there are 21 planning applications, of which 95% result in a success. Look at this in terms of the population size of 82175 to work out if you think you’d have good planning success if you were to renovate.
In Blackbrook, how many property sales per month are there?
58 property transactions are reported in Blackbrook each month, alongside a broader picture of approximately 1.1 million property sales across the UK.
How does the population in a city like Blackbrook change annually?
For a comprehensive analysis of Blackbrook’s population trends, observe the population fluctuation over a decade, indicated by 5%, and the five-year alteration represented by 2%. Perhaps also look at data from another nearby city too so you can see a comparison.
What is the asking price for houses for sale in the wider region of Blackbrook?
The average cost per square foot for a house in Blackbrook is presently £2,360.
Is purchasing a house in Blackbrook considered a costly decision?
To work out if you are looking at an expensive property, find a house for sale and compare it to the average prices sell for. In Blackbrook this number is £159,287 and in the average for the UK is £286,500. Also, make sure you don’t miss a crucial step by following our tutorial when buying a house
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