Donnington 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 Donnington.
On top of this, keep reading for detailed information on the demographics of Donnington in Shropshire. This is crucial in finding out if the area is worth for looking at houses for sale in the UK for an investment over the long term too.
Always consider average rental yield when searching for houses for sale in Donnington
Are there more or fewer houses being built in Donnington?
Before committing to Donnington 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 | |
|---|---|---|---|
| Donnington growth rate | -2% | 12% | 11% |
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 Donnington is building housing to find your answer.
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 Donnington, the below table demonstrates this well. To make things simple, it compares these numbers to the wider region of the UK; West Midlands. As well as Shropshire, to give a smaller scale area to compare the data to.
| Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
|---|---|---|---|---|
| Donnington | 3.6% | £927 | 139% | 16.0% |
| Shropshire | 3.41% | £778 | 123.75% | 14.71% |
| West Midlands | 3.89% | £877 | 119.29% | 20.00% |
Assuming that in the future you want to re-sell the house you will eventually purchased in Donnington you might be interested in the number of sales per month (64) that happen in the local housing market. Comparing this figure for Donnington with the above table gives you a good understanding of the profitability of the area.
In Donnington, what are the demographics like?
What salary does the community in Donnington take home?
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 £48,150.
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 Donnington this figure is 26%.
Are the deprivation levels of the UK any different to Donnington?
The number of people who are deprived can have an impact on the perception of your house in the general marketplace. Additionally, if you are looking for a house to live in for the long term, you can start to picture what your neighbours and the people in your area live like financially.
If the proportion of deprivation of Donnington is 24% and in general for the UK this figure is somewhere around 33%, you can see if this figure is something you are happy with as you search for a house to buy.
Donnington in the county of Shropshire 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 Donnington 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 Donnington, 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.
In Donnington, how has the population changed?
The city of Donnington has a total population of 76,069. Large population sizes can be good to show there is a high demand for people to buy houses in the area but a better indication is if the population of Donnington is growing.
A small population city can also have high prices of houses for sale, because, if there is a growing population, and demand is still high, this could mean the house prices are pushed up.
Either way, a population must also be looked at in terms of the appreciation of the area as well as the rental yields and if the area really meets your needs.
The five year population change of Donnington
Over time, in the last five years, the population of the city of Donnington has changed by 4%. This figure can tell you a lot because a growing population indicates a house is likely to appreciate. Read more here
In addition, looking at the 10 year figure for population growth in the below paragraphs can give you further evidence as to what the change in population has been for a longer period of time. As a result, you’ll know if this 4% population change is something that has been there for a while or if it is a new trend. Click here to know more on the UK population trends.
What is the difference in population over the last 10 years in Donnington?
In the last 10 years, there has been a shift in the population of 7%.
Comparing this to the 5 year figure of Donnington can tell you if there is a long history of population growth or decline, if there are population fluctuations or if the trend is stable.
New industries opening up in the area, the addition of new jobs and also international and national migration might all be reasons for changes in population size. Resulting in people moving in or leaving an area.
A good example of a quick change in population was in Stratford, London in 2012. Here, there was an increase in government spending in the area because of the Olympics which resulted in massive population growth.
What’s crime like in Donnington?
In Donnington, for every 1000 people, there is currently a crime rate of 105. 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 (105 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 much green space is available to residents of Donnington?
Whether you view green space in Donnington 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 Donnington, the number of acres of green space for every 1000 people currently is 18.3 which can be measured against the UK average of 1.7.
For the city of Donnington, what is the education level?
The number of people as a percentage who have been through university and gained a degree is 25%. The ability to buy a home is greatly influenced by the number of people who have degrees. £48,150 is the amount people in Donnington 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 Donnington, 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.
What’s a social grade score and how does it relate to Donnington?
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 Donnington 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 Donnington, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 26%.
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 |
Asking price in Donnington for a house for sale
In the city of Donnington, what is the average asking price for the houses for sale?
| Average asking price (1 bed) | £177,548 |
| Average asking price (2 bed) | £226,212 |
| Average asking price (3 bed) | £321,595 |
| Average asking price (4 bed) | £479,642 |
| Average asking price (5 bed) | £772,154 |
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 (£1,885) for houses for sale with this table to get a good idea as to whether Donnington is the right area to buy a house in for you.
As you go ahead and make offers on a house for sale, it is sometimes best to know what other people are offering for the same type of house for sale so you know what to offer yourself to get a good deal. So you should know, the average asking price of Donnington is £312,345.
Even though the asking price is not what the eventual price the house is sold at, making a note of the averages for the city of Donnington is useful when negotiating and knowing what to expect for every type of house for sale.
What is the final sale price of a house in Donnington?
In Donnington, houses for sale are sold at an average of £249,679. In general, multiple factors impact this figure because lots of variables impact properties valuation. This can include the quality of the buildings in general, whether the population has grown, if there is demand for housing or if there is a low crime rate which would make the area more desirable.
In the table below, you can see for yourself how the average price of a house for sale looks based on the different sizes of housing in Donnington. The exact amount of variation between the types of housing depends on the local demand for particular types of houses in the area.
| Housing category | Total final sale price |
|---|---|
| Aerage sold price (detached) | £378,428 |
| Aerage sold price (semi-detached) | £252,873 |
| Aerage sold price (terraced) | £217,562 |
| Aerage sold price (flat) | £151,560 |
As you can see above, for Donnington, price varies based on the type of house that is being sold. If these prices shock you it could be due to population change in the last 10 years of 7% where lots of movement may inflate or deflate house prices.
| Housing category | Sale price per square foot |
|---|---|
| Aerage sold price/sqft | £2,750 |
| Aerage sold price/sqft (new build) | £3,080 |
| Aerage sold price/sqft (old stock) | £2,675 |
Looking at the second table about Donnington, you are able to tell which type of housing is most affordable to you as a buyer. However, for a general overview of what house price is, the average price per square foot for a house in Donnington is £2,815.
Professional advice for houses for sale in Donnington
A house for sale that is right for you
What parameters impact the final price of a house for sale in Donnington?
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.
houses for sale in other cities in the UK
You can assess the various houses for sale offered in the area by consulting this list of cities in West Midlands, the same UK region as Donnington:
- Caldecott in West Midlands
- Hereford in West Midlands
- Boughton in West Midlands
- Brown-Edge in West Midlands
- Biddlesden in West Midlands
You may also refer to our landing page specific to UK houses for sale, houses for sale in the UK
Choosing the perfect house for sale for you might be challenging in today’s market due to the abundance of available houses.
You may wonder who can guide you through the process of selecting a house that is for sale.
There are several experts that provide guidance and support to potential buyers and the procedure can be drawn out, particularly when dealing with houses for sale.
Here is a list of who to contact to get assistance when purchasing a house for sale:
- Banks – The ones that can lend you the money you need for the house for sale
- Insurance companies – Companies that give you access to various insurances specific to the house for sale you are considering to buy
- Solicitor – The individual or business responsible for handling the legal tasks required to purchase a home that is for sale.
- Civil engineer – Provides you with an appraisal of the house up for sale that you want to purchase.
- Mortgage advisor – Professional advisors that will guide you and propose the best mortgage deals according to your finances
- EPC specialist – Getting professional advice on the energy performance of the house for sale is crucial, especially nowadays.
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