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How much does a house for sale cost in Brown Edge?

by | Nov 15, 2022

Home $ House for sale in the UK $ How much does a house for sale cost in Brown Edge?

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Sometimes, working out the prices of the houses for sale can be tricky business. This is why we created this article all about the price of houses for sale in Brown Edge, Staffordshire.

From the average asking price of houses for sale in Brown Edge, to the growth of the population in the area, all will be talked about regarding the city of Brown Edge. So you will get better clued up on the area, and make finding a house for sale in the UK easier.

What is the final sale price of a house in Brown Edge?

As well as looking at the asking price for house for sale in Brown Edge, 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 Brown Edge.

Houses for sale, are sold on average in Brown Edge, after the influence of these factors, at £159,191 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 3% over the last 10 years.

Housing category Total final sale price
Aerage sold price (detached) £257,732
Aerage sold price (semi-detached) £150,351
Aerage sold price (terraced) £115,418
Aerage sold price (flat) £100,741

This table above shows the average sale price for each variation of houses for sale in Brown Edge.

Housing category Sale price per square foot
Aerage sold price/sqft £1,625
Aerage sold price/sqft (new build) £1,995
Aerage sold price/sqft (old stock) £1,540

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 Brown Edge is £1,655.

This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.

Finding the ideal house for sale for you

What parameters impact the final price of a house for sale in Brown Edge?
Here below is our list with the most important ones:

  • House for sale affordability – check out the (see house affordability guide)

    on the UK gov website to know more

  • House Location – the actual location of a house for sale drastically changes the final price of a property
  • 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.
  • 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.
  • 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.
  • 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
  • Do you drive to the office? – If yes, ask about parking. Is it included in the house price?
  • 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.
  • 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.

What are the demographics like in the city of Brown Edge?

Brown Edge in the county of Staffordshire 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 Brown Edge 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 Brown Edge, 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.

How much green space is available to residents of Brown Edge?

In the UK, there are a range of cities which have a lot of green space. In some cases, green space can get as high as 49% of outdoor land like in the city of Edinburgh. When specifically talking about Brown Edge, the city has 25 per 1000 residents.

This can be compared to an average of 1.7 acres of green space per 1000 residents which is the UK’s national average. It is up to you to decide how much you’ll let the amount of green space impact your buying decision in Brown Edge.

Is the city of Brown Edge deprived?

Deprivation levels refer to the ability of the population of the city to earn enough to keep their lifestyle going. Nationwide, it is thought that the number of people at this level or not being able to meet the costs of living is around 33%. In comparison, the deprivation level of Brown Edge is £0.

How much are those living in Brown Edge earning?

While not always the case, the amount people earn can be associated with better schools in the area and perhaps a nicer environment to live in.

£36,700.00 is the average household income of the area. And the higher this figure is the more likely it is that there is a higher percentage of people with a social grade score in the A or B categories which is 16% for Brown Edge.

In general, do people commit a lot of crime in Brown Edge?

For the city of Brown Edge, crime rate is at 11850%. So for every 1000 people in the area, 11850% commit a crime which is prosecuted. Paying close attention to this figure of crime rate is not only important for the value of a house but also to calculate the maintenance cost of owning a house and how attractive an area can be for future buyers.

So, compare it to the nationwide average of 79.52 per 1000 people and consider if you are happy with this figure based on the price you’re paying for a house you’re interested in.

On top of this, houses that are in areas where there is a high crime rate tend to have to pay higher insurance rates, costing a homeowner in the long term.

Additionally, paying for further security on a house such as CCTV or potentially gates and fences that deter thieves may be necessary for an area with a high crime rate.

What is a social grade score and how does this relate to Brown Edge?

In the city of Brown Edge, the social grade score of the area is 16%. But what does this exactly mean? The figure refers to the proportion of people in the two highest categories of skilled jobs.

The categories are grouped from A to E shown in the table below. Overall, a high social grade score means there are more affluent people working in managerial and professional roles in the area.

This table shows the average breakdown of the UK in terms of where most people in the UK are working so you can compare it to the social grade score of Brown Edge.

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 the city of Brown Edge, has the population grown or shrunk?

Population growth in Brown Edge 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 Brown Edge, 118509 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 Brown Edge 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 Brown Edge, this change has been 2%. 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 2%. Click here to know more on the UK population trends.

Over the last decade, how has the population differed in Brown Edge?

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 3% in Brown Edge.

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 Brown Edge?

In the city of Brown Edge, 21% people have a degree from a university. The higher this proportion is, in general, the more likely it is that the population is able to buy a house.

Interestingly, as people who have degrees go up, the average income of the area goes up too. You can see if there is a correlation, the average household income in the UK is price34,000 and the average income in Brown Edge is £36,700.00.

This should correspond with the average percentage of people in the UK who have degrees at 22.6%.

Professional advice for houses for sale in Brown Edge

Considering all the above data and information provided, you may want know who can help you buy a house for sale.
Lots of professionals offer property investors and first-time buyers advice and assistance in dealing with the process of acquiring a house for sale.

Below, you can find a list of professionals that come in handy when looking for houses for sale:

  • Lender – Is someone capable of lending you the money you need to complete the purchase of the house for sale
  • Insurer – Insurance companies provide building insurances and other financial products you need to protect your real estate assets
  • Conveyancer – This professional will take care of the legal work needed when looking for a house for sale
  • Surveyor – Use this professional to assess the condition of the house for sale you are willing to buy, get an independent valuation and feel more comfortable when negotiating the final price
  • Mortgage broker or adviser – Different buyers can access different mortgages to buy a house for sale. Let the mortgage broker suggest to you which one is the best given your financial situation
  • Energy professional – Nowadays is more important than ever, to get professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering as your next investment

In Brown Edge, what are the rental yields?

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 Brown Edge. 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 Brown Edge.

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 (Staffordshire), a regional level (West Midlands) and finally on the level of the city talked about in this article, Brown Edge.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Brown Edge £0 £700 £1 £0
Staffordshire 3.76% £767.24 113.22% 20.39%
West Midlands 0.04 876.64 £1 20.00%

You may also find it useful to compare the data above to the number of properties sold per month Brown Edge experiences. This figure for house sales per month is 51. 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.

What is the growth in the housing market of Brown Edge?

Before committing to Brown Edge to make a housing investment, an investor should always ask the question, what is the growth like in the area?

So take a look below at the growth patterns of the previous years displaying the percentage of new houses being built. This will help you understand how the number of houses for sale will evolve in the future.

1 year 3 years 5 years
Brown Edge growth rate 2% 16% 23%

Whether housing growth actually changes the price of a house depends on if the city in question is outstripping demand with the supply of new housing. You’d have to do some more research on what rate Brown Edge is building housing to find your answer.

House for sale in a different UK region

If you are looking for similar places to buy a house that are just like Brown Edge, examine this short list of cities below from outside of the region of West Midlands for some inspiration.

If none of these suit your interest, we suggest you visit our page with all of the relevant data concerning houses for sale in the UK, allowing you to buy the right property.

Or, consider buying a leasehold property instead which may be cheaper. However, you will also have to learn what will happen when a leasehold expires so you know how to deal with this side of the law.

What are the asking prices for the houses for sale in the city of Brown Edge?

Average prices for the houses for sale in Brown Edge

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £127,178
Average asking price (3 bed) £200,963
Average asking price (4 bed) £334,677
Average asking price (5 bed) £436,191

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 Brown Edge is £995. This should show you the general prices overall and for individual types of houses too.

On average, in Brown Edge, the asking price for a house for sale in the area is £196,918.

The below table puts this figure into perspective as you can see the various average sale prices of the different type of houses for sale in Brown Edge. From a 1 bedroom house up to a 5 bedroom house.

As you can imagine, as the price goes up, the size of a room also goes up and in general, the larger a house is, the more you can expect the sale price to be as well.

FAQ (Frequently Asked Questions)

Do properties in Brown Edge have the potential for renovation?

Properties in the city of Brown Edge may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are 20 approvals every month with an approval of 96% based on a population of 118509. Compare other places in the UK to make this figure make more sense.

How many property sales occur per month in Brown Edge?

Brown Edge boasts a monthly total of 51 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’s the year-over-year population change in Brown Edge or similar cities?

When evaluating the population trajectory of Brown Edge, explore the decade-spanning population shift of 3% and the five-year modification of population of 2%. By drawing comparisons, see if demographic changes in your chosen area is

In the larger vicinity of Brown Edge, what is the cost of houses available for sale?

The average asking price of a house in Brown Edge is currently £995 based on the average price per square foot.

Would acquiring a house for sale in Brown Edge be regarded as a high-priced option?

Determine whether a property is expensive by comparing a list of houses for sale to the prevailing average selling prices. In Brown Edge, this figure stands at £159,191, while the UK average is £286,500.

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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