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All you need to know – houses for sale in Liverpool

by | Nov 15, 2022

Home $ House for sale in the UK $ All you need to know – houses for sale in Liverpool

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As a landlord, whenever you are looking at houses for sale in Merseyside, you could find varying prices throughout an area like Liverpool. 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 Liverpool 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 Liverpool will be revealed. Keep reading.

Are there any important statistics about the population of Liverpool?

How much are those living in Liverpool earning?

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 Liverpool. Compare the area’s average household income of £33,910.00 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 17% for more conclusive data on the affluence of the area.

Located in Merseyside is the city of Liverpool, in a large part of the UK; North West. Before you look for houses for sale in this area, it is a reasonable question to ask what the people who live there are like.

Below, the population of Liverpool has been dissected in terms of if the population is educated, what the crime rates are like and much more. All important factors to consider before making a house purchase among the offer of the houses for sale.

The knowledge below is based on a lot of different variables relevant to the city of Liverpool which impacts the profitability of making an investment here or how desirable buying a house to live in is if you want to live on a permanent basis.

What is the education level like in Liverpool?

The number of people as a percentage who have been through university and gained a degree is 24%. The ability to buy a home is greatly influenced by the number of people who have degrees. £33,910.00 is the amount people in Liverpool 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 Liverpool, 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 Liverpool, what are the deprivation levels like?

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 Liverpool should give you a nice idea of the deprivation in the area.

What’s a social grade score and how does it relate to Liverpool?

In the city of Liverpool 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 Liverpool has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 17%.

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 the city of Liverpool, how much green space remains for residents?

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 Liverpool, the city has 15 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 Liverpool.

In Liverpool, what is the crime rate?

In Liverpool, for every 1000 people, there is currently a crime rate of 31365%. 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 (31365% 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.

What does the population of Liverpool look like?

Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Liverpool if 404341 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 Liverpool such as rental yield or house appreciation.

How has the population size of Liverpool adjusted in the last 5 years?

In the previous five years there has been a change in the number of people of Liverpool by 4%. 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 4% 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 Liverpool?

In the last decade, the population of Liverpool has been adjusted by 8%. 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.

Thinking of a different city and perhaps a different location?

We have prepared a list of cities that are entirely dissimilar to the region of North West, perfect if you are looking for somewhere similar to Liverpool but want to relocate to a different region entirely. You should then be able to evaluate the different houses for sale listed in the region:

Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.

In Liverpool, what do houses for sale tend to sell for?

In Liverpool, the average sale price of a house for sale is in fact £143,328. This is dependent on the 10 year population growth of Liverpool being 8%. Growing populations are more likely to inflate the prices of houses for sale in the city of Liverpool.

Housing category Total final sale price
Aerage sold price (detached) £244,401
Aerage sold price (semi-detached) £173,034
Aerage sold price (terraced) £132,915
Aerage sold price (flat) £97,329

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 Liverpool.

Housing category Sale price per square foot
Aerage sold price/sqft £1,729
Aerage sold price/sqft (new build) £2,082
Aerage sold price/sqft (old stock) £1,571

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 £1,778. This means if you are just looking out the houses sold in Liverpool in general and didn’t take into consideration the type of build. For example, a new build.

What’s the rental yield in general for the city of Liverpool?

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Liverpool, currently, £0 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 and how much you can charge for rent in your ast (assured tenancy shorthold).

Are there more or fewer houses being built in Liverpool?

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 Liverpool at 1 year, 3 year and 5 year intervals:

1 year 3 years 5 years
Liverpool growth rate 7% 22% 35%

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 Liverpool 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 Liverpool.

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

Table showing the asking prices for houses for sale in Liverpool

Average asking price (1 bed) £119,026
Average asking price (2 bed) £153,907
Average asking price (3 bed) £205,507
Average asking price (4 bed) £343,999
Average asking price (5 bed) no relevant data for this city

After looking at this table about prices of houses for sale in Liverpool, someone who is buying a home would have a detailed understanding of what kind of house for sale is available on the market that 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 £523 will help them to have a more holistic understanding.

Before a house gets sold, the figure it sells for always starts off as an asking price. This average asking price for the houses for sale in Liverpool determines the eventual sale price of the house so it isn’t the most important figure but is still important to take note of. This figure is currently £180,133.

Below, there is a table showing the asking price of the different sizes of houses based on the number of bedrooms of the houses in Liverpool.

Choose the right house for sale that suits your needs

When browsing houses for sale in Liverpool 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 – it 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. Especially if you are renting the property as this will impact your business costs. Whether that be in an excluded tenancy agreement or a more common, assured shorthold tenancy.
  • 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.

Get professional help on the houses for sale in Liverpool

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

Frequently Asked Questions (FAQ)

Is it possible to renovate a property in Liverpool?

If planning permissions are abundant in the vicinity of Liverpool, it may look promising for landlords looking to renovate. With 5 getting approved on a monthly basis, and a success rate of nan, these prospects flourish against a population of 404341. A comparative analysis against other locations across the UK will lend you a good perspective of this data.

On a monthly basis, how many property transactions take place in Liverpool?

Liverpool boasts a monthly total of 7 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

In a city like Liverpool, what’s the yearly fluctuation in population?

For a comprehensive analysis of Liverpool’s population trends, observe the population fluctuation over a decade, indicated by 8%, and the five-year alteration represented by 4%. Perhaps also look at data from another nearby city too so you can see a comparison.

What are the asking rates for houses for sale in the surrounding area of Liverpool?

The average asking price of a house in Liverpool is currently £523 based on the average price per square foot.

Is investing in a house for sale in Liverpool a financially demanding choice?

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 Liverpool this number is £143,328 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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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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