As a landlord, whenever you are looking at houses for sale in South Yorkshire, you could find varying prices throughout an area like Doncaster. 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 Doncaster 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 Doncaster will be revealed. Keep reading.
In Doncaster, what are the rental yields?
Are there new houses being built in Doncaster to make it grow?
Growth in the area can be a good signal of a booming house market. However, too much growth could also have negative consequences on the capital appreciation of a house as time goes on.
Take a look at the table below for Doncaster that shows the growth in recent years.
| 1 year | 3 years | 5 years | |
|---|---|---|---|
| Doncaster growth rate | 1% | 15% | 23% |
High growth rates can signal an appreciating housing market, nonetheless, if there are too many houses being built, this could reduce demand for housing as the supply of houses for sale starts to catch up with the demand. Leading to stagnation or a decline in house pricing so understanding the growth in Doncaster is important.
Assuming you are not looking for a house for sale in a certain area because of private reasons such as being close to a family member or you have been relocated to a new office, these are some of the factors to consider in order to understand if an investment is worth your money.
Investors typically look at data such as the average rental yield, the average asking price of rent per month, rent turnover and sale turnover. These KPIs give property investors a solid idea of how the market is performing in that area.
For the city of Doncaster, the below table demonstrates this well. To make things simple, it compares these numbers to the wider region of the UK; East Midlands. As well as South Yorkshire, to give a smaller scale area to compare the data to.
| Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
|---|---|---|---|---|
| Doncaster | 4.8% | £586 | 79% | 20.3% |
| South Yorkshire | 4.41% | £714 | 106.44% | 22.07% |
| East Midlands | 4.02% | £775 | 113.13% | 19.44% |
Assuming that in the future you want to re-sell the house you will eventually purchased in Doncaster you might be interested in the number of sales per month (253) that happen in the local housing market. Comparing this figure for Doncaster with the above table gives you a good understanding of the profitability of the area.
In general, what do houses for sale sell for in Doncaster?
There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Doncaster. In Doncaster, this sale price works out to be £141,365. As an example, a factor like population growth over the last 10 years which works out to be 2% in Doncaster and impacts house prices of the houses for sale.
| Housing category | Total final sale price |
|---|---|
| Average sold price (detached) | £211,562 |
| Average sold price (semi-detached) | £132,159 |
| Average sold price (terraced) | £96,957 |
| Average sold price (flat) | £80,293 |
Above, the exact type of house is also shown to vary in price in a table in Doncaster. You may think that the bigger the house is the more expensive, but actually, this table is more based on the demand for the properties in each category.
| Housing category | Sale price per square foot |
|---|---|
| Average sold price/sqft | £1,431 |
| Average sold price/sqft (new build) | £1,729 |
| Average sold price/sqft (old stock) | £1,354 |
In addition, here is the price per square foot. By taking this data and doing an average, it is also possible to work out the average square foot of houses in Doncaster which is £1,431. From here you can get a sense of the price of the overall housing market and therefore, also find out the prices of the houses for sale.
What are the demographics like in the city of Doncaster?
Are the people of Doncaster deprived?
The deprivation levels of the UK can vary quite a bit. High deprivation levels signal a particular area has people who are struggling to make ends meet and pay for basic living expenses. For Doncaster, in particular, the deprivation levels are 30%.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
Do the people of Doncaster get to enjoy green space?
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 Doncaster, the city has 13.9 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 Doncaster.
In Doncaster, how educated are people in general?
Interestingly, the percentage of people who have a degree in the city of Doncaster is 16%. 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 Doncaster is £35,407.
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.
What’s crime like in Doncaster?
The crime rate of Doncaster must be looked at sceptically. The reason for this is that the crime rate can vary within a city greatly and the type of crime committed can also vary too.
For example, the area has a crime rate of 159, but another city may have a higher crime rate but not be deemed as dangerous due to lower level crime or minor offences being committed.
Either way, high crime rates are never a good sign so consider the rate against the UK average of 79.52 for every 1000 people as a benchmark.
Lower rates could mean things like home insurance is cheaper and you have to install fewer security measures throughout your house. Saving you money in the long run. So the statistic of crime rate (159) is both useful and is recommended to be compared to the average.
How much do people in Doncaster earn?
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 (12%). 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 Doncaster, this works out to be £35,407. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
In the city of Doncaster, has the population grown or shrunk?
In the UK in general and specifically in the region in question, large population sizes can be good indications that there are a lot of people in the area looking for houses for sale which can drive up demand and therefore impact the cost. You should also check to see if the population is growing in the area too to show an increasing demand, this is even better. Currently, the total population of Doncaster is 270,840.
Sometimes, smaller populations can have higher buyer demand than large populations on the other hand. This is because the price of houses and hence the demand for houses is based on a variety of variables.
The most important variable is the location of the houses for sale in the city of Doncaster.
In Doncaster, how has the population changed over the last five years?
In the last five years, over time, the change in population size was 1%. Looking at this figure can inform you of the buyer demand for the houses for sale in the area. Read more here
This may mean that the city has now started to slow down in terms of population growth or it may mean the city is also building a lot of houses which would indicate the supply of houses for sale will be matching the demand.
Making predictions about the future growth of Doncaster is hence important in making a decision if capital appreciation of your real estate investment is something you’re after as a landlord.
Comparing this figure for the 5 year growth (1%) as well as the ten year growth in the subheading below should allow you to make some accurate forecasts on the growth rate. Click here to know more on the UK population trends.
Doncaster population difference over 10 years?
The population has adjusted in the area of Doncaster by 2% in the most recent decade. This change is even more useful when compared alongside the figure for the five year growth of the area too.
This will tell you if the population is changing at the moment or if change is more recent. Through this a landlord can accurately look at the fluctuations in population size of the area over time and therefore better understand the trend of the houses for sale in Doncaster.
To make an example, the town of Salford which is a part of Manchester has seen a 10% increase in population. house price has therefore followed.
What is the city of Doncaster’s 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 Doncaster 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 Doncaster, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 12%.
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 |
The city of Doncaster, situated in South Yorkshire, is a particularly impressive part of the UK because of the specific demographics of the location.
In the below headings, the city of Doncaster and its demographics will be compared to its wider location (East Midlands). 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 Doncaster. So, taking a good look at the data is essential to understand the area you are considering to buy in.
What are the asking prices for the houses for sale in the city of Doncaster?
In the city of Doncaster, what is the average asking price for the houses for sale?
| Average asking price (1 bed) | £82,580 |
| Average asking price (2 bed) | £114,900 |
| Average asking price (3 bed) | £166,234 |
| Average asking price (4 bed) | £290,424 |
| Average asking price (5 bed) | no relevant data for this city |
After looking at this table about prices of houses for sale in Doncaster, someone who is buying a home would be able to know in great detail what kind of house for sale available on the market best suits the amount of money they are looking to invest. Also, using a more general figure like the average asking price per square foot of a property which is £0 will help them to have a more wholistic understanding.
When speaking about the city of Doncaster, £184,676 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 Doncaster.
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.
Professional advice for houses for sale in Doncaster
houses for sale in other cities in the UK
We have prepared a list of cities in East Midlands, the same UK region of Doncaster that can help you evaluate the different houses for sale listed in the region:
- Bestwood-Village in East Midlands
- Conisbrough in East Midlands
- Highlane in East Midlands
- Broomhill in East Midlands
- Brigg in East Midlands
Alternatively, you can visit our webpage dedicated to houses for sale in the UK, houses for sale in the UK.
In today’s market with an abundance of homes available for sale, choosing the best house for sale can be challenging.
With several houses for sale to choose from, who will guide you through the process of choosing?
We have listed here below several experts and companies able to advise and support potential buyers.
The process of finding and investing in a house for sale can be lengthy and time-consuming, this is why we suggest you consult with the following professionals:
- Banks – Lend you the cash
- Insurance companies – Insure your new real estate investment
- Conveyancer – handles all the legal labour that is needed to proceed in buying a house for sale.
- Surveyor – Carries out an independent and complete property valuation of the house for sale
- Mortgage advisor – If you are thinking to get a mortgage to get the finances needed to afford to buy a house for sale, a mortgage advisor is the person you should be looking for
- EPC person – Always get a quote on the Energy Performance Certificate of the houses for sale listed in a certain city
A house for sale that is right for you
When browsing houses for sale in Doncaster you should think about lots of different criteria:
- House for sale affordability – visit the dedicated page of the UK government to understand (see what you can afford)
- Location of the house for sale – the region and town you are considering to live in are crucial factors to consider before looking for houses for sale. In this article, we define lots of demographic factors that should help you make a decision.
- House for sale transport links – even if working from home is becoming more and more predominant, we suggest you check the transport links the house for sale has.
- Number of bedrooms in the house for sale – are you looking for houses for sale for the whole family or are you single? Always think about how many bedrooms you need and if that number might change in the future
- energy performance of the house for sale – What is the EPC of the house for sale? Today more than ever, is important that you check the EPC rating of the real estate assets available for sale on the market.
- Internet speed in the area of the house for sale – is important to remember that internet speed is a consequence of two factors: your plan and the infrastructure available in the area. Always check these parameters before looking for houses for sale
- Does the house for sale have parking – if yes, is it on-street or is the house for sale equipped with a garage?
- Houses for sale in conservation areas – always check the National Heritage list. If a house for sale is part of this list it means that it might be impossible for you to make changes to the property’s internal and external structure.
- Houses for sale Conditions – some properties, like new builds, need no repairs or works; other houses listed for sale may need some investment to restore them and some others may need a complete renovation. Someone looking for houses for sale should always think about how much time and money they are willing to invest to complete the needed repairs.
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