Adwick upon Dearne 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 Adwick upon Dearne.
On top of this, keep reading for detailed information on the demographics of Adwick upon Dearne in South Yorkshire. 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.
What are the asking prices for the houses for sale in the city of Adwick upon Dearne?
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 Adwick upon Dearne 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 £150,279.
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 Adwick upon Dearne.
Average asking prices for houses for sale in Adwick upon Dearne
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£93,456|
|Average asking price (3 bed)||£167,551|
|Average asking price (4 bed)||£233,095|
|Average asking price (5 bed)||no relevant data for this city|
The above table is perfect for understanding the distribution of properties in the area as well as looking at this data alongside the average asking price per square foot of £0. Telling you what type of house is most in demand relative to the price of the area.
This could be due to more people looking at particular types of houses for sale over others or even due to the fact that Adwick upon Dearne has a lack of supply of housing in certain categories.
What are the demographics like in the city of Adwick upon Dearne?
In the city of Adwick upon Dearne, is there a lot of 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 Adwick upon Dearne, the city has 10.3 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 Adwick upon Dearne.
In Adwick upon Dearne, what are the deprivation levels like?
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 Adwick upon Dearne, in particular, the deprivation levels are 35%.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
Located in South Yorkshire is the city of Adwick upon Dearne, in a large part of the UK; East Midlands. 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 Adwick upon Dearne 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 Adwick upon Dearne 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.
How much do people in Adwick upon Dearne earn?
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 Adwick upon Dearne. Compare the area’s average household income of £34,500 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 11% for more conclusive data on the affluence of the area.
What’s the crime rate in Adwick upon Dearne?
Within Adwick upon Dearne, the number of people committing crimes is 118 per 1000 people. This figure directly relates to the safety of residents in the area which is one of the biggest factors in whether an area is considered desirable or not.
As a result, someone looking to buy a house here hoping for it to appreciate in value or buying a house here to produce rental income should check out the crime rate and compare it carefully to the UK average of 79.52 for every 1000 people to see how safe people living there will be.
If the area’s crime rate is too high, this may result in you having to pay for the renovation of burglaries or pay a premium on home insurance as insurance companies will charge you more for living in a dangerous area. So analyse this 118 figure carefully.
Is the education level of Adwick upon Dearne important when buying a house?
The number of people as a percentage who have been through university and gained a degree is 14%. The ability to buy a home is greatly influenced by the number of people who have degrees. £34,500 is the amount people in Adwick upon Dearne 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 Adwick upon Dearne, 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 is the social grade score of Adwick upon Dearne?
The social grade of a city is useful when searching for a house for sale because it tells you what kind of jobs people have in the area. For example, there could be a lot of skilled manual workers or there could be a lot of pensioners and people on benefits.
The scale goes from a social grade of an A who are high managerial, administrative or professional workers to an E where people in this category are on state pensions, casual workers or unemployed on state benefits.
The number of people in Adwick upon Dearne in grades A or B which are the highest skilled roles in the country is 11%. Realistically, you can expect workers in this category to earn a higher salary too.
For comparison, £34,500 is the average household income of the area. You can see how this figure is congruent with the number of people in the top two categories of the social grade at 11%.
What does the population of Adwick upon Dearne look like?
Population growth in Adwick upon Dearne 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 Adwick upon Dearne, 30,807 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 Adwick upon Dearne 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 Adwick upon Dearne, 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 Adwick upon Dearne?
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 4% in Adwick upon Dearne.
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.
In general, what do houses for sale sell for in Adwick upon Dearne?
For the city of Adwick upon Dearne, the average price a house sells for is £130,187. This value usually depends on the exact location of the house within Adwick upon Dearne as well as other factors like the population growth in Adwick upon Dearne which is 4% over a ten-year period.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£191,294|
|Aerage sold price (semi-detached)||£126,824|
|Aerage sold price (terraced)||£80,359|
|Aerage sold price (flat)||£99,322|
The above table puts this figure into perspective as you can see the various average sale prices of a house for the specific type of house you’re most interested in. This comparison is important because the type of house you’re considering to buy may be more or less in demand based on variations in supply and demand in the city of Adwick upon Dearne.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£1,470|
|Aerage sold price/sqft (new build)||£1,750|
|Aerage sold price/sqft (old stock)||£1,340|
Generalising the bottom table, the average value per square foot of a house for sale is £1,470. This value averages all of the types of houses for sale in Adwick upon Dearne. So, if you’re not sure what type of house you want specifically, you can still get an idea of the real estate market of Adwick upon Dearne.
How are rental yields of the houses for sale different to the rest of the UK in Adwick upon Dearne?
Are there new houses being built in Adwick upon Dearne to make it grow?
Before committing to Adwick upon Dearne 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|
|Adwick upon Dearne growth rate||-2%||7%||13%|
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 Adwick upon Dearne is building housing to find your answer.
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 Adwick upon Dearne. 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 Adwick upon Dearne.
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 (South Yorkshire), a regional level (East Midlands) and finally on the level of the city talked about in this article, Adwick upon Dearne.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Adwick upon Dearne||4.4%||£547||87%||31.0%|
You may also find it useful to compare the data above to the number of properties sold per month Adwick upon Dearne experiences. This figure for house sales per month is 27. 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.
Professional advice for houses for sale in Adwick upon Dearne
Invest in a house for sale that meets your demands
When browsing houses for sale in Adwick upon Dearne 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.
Who should you talk to while going through the process of making an offer on a house for sale?
Several experts specialise in giving advice to property investors or to first time potential buyers.
Since the process of finding the right house for sale can take months, you have all the time to consult with the experts you might need.
Find here a list of those you should contact to get professional guidance and assistance when purchasing a house for sale:
- Lender – This practitioner can lend you money to finalise a house purchase
- Insurer – Insuring companies will provide you with the insurance policy you need to protect the house for sale you want to buy
- Legal representative – This professional is usually there to handle all the legal tasks associated with purchasing a home for sale.
- Surveyor – Carries out and independent valuation on the house for sale based on its conditions. It is very useful to understand the correct price before making an offer
- Mortgage specialist – Mortgage advisors works on commissions. They will get a cut from the bank and will guide you with offering the best deals given your financial situation
- Energy assessor – We strongly suggest you to invest in a professional assessment of the Energy Performance of the house for sale you want to purchase
House for sale in the same UK region
You can assess the various houses for sale offered in the area by consulting this list of cities in East Midlands, the same UK region as Adwick upon Dearne:
- Alkmonton in East Midlands
- Cabourne in East Midlands
- Aston-Flamville in East Midlands
- Ab-Kettleby in East Midlands
- Bolsover in East Midlands
You may also refer to our landing page specific to UK houses for sale, houses for sale in the UK