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A guide on houses for sale in Apley

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in East Midlands $ A guide on houses for sale in Apley

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

Are there any important statistics about the population of Apley?

Is the education level of Apley important when buying a house?

Interestingly, the percentage of people who have a degree in the city of Apley is 26%. 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 Apley is £41,400.

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 salary does the community in Apley take home?

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.

£41,400 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 20% for Apley.

What does the population of Apley 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 Apley if 8,884 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 Apley such as rental yield or house appreciation.

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

In the previous five years there has been a change in the number of people of Apley 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 Apley?

In the last decade, the population of Apley 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.

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

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 Apley in grades A or B which are the highest skilled roles in the country is 20%. Realistically, you can expect workers in this category to earn a higher salary too.

For comparison, £41,400 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 20%.

Are the people of Apley deprived?

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Apley, currently, 22% 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.

Located in Lincolnshire is the city of Apley, 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 Apley 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 Apley 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.

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

For every one thousand people living in Apley, 62 commits crimes and are prosecuted. Coming to a conclusion as to whether all the other factors of your house purchase like the house price justify this figure when contrasting it with the UK average of 79.52 is something you should do as a homeowner.

It could be that the crime rate is higher than you expected but there it is worth the population growth, appreciation of the house and worth the relative price you are purchasing the house for.

Nonetheless, the crime rate of 62 is not a statistic that should just be ignored as you could have to pay more for things like home insurance and install additional security on your house if the rate is particularly high.

Either way, burglaries are not something you would want to encounter in a house. Whether that be a house you are living in or a house you are renting out to tenants.

How much green space is available to residents of Apley?

Whether you view green space in Apley 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 Apley, the number of acres of green space for every 1000 people currently is 5.4 which can be measured against the UK average of 1.7.

What is the asking price on average of houses for sale in Apley?

In the city of Apley, what is the average asking price for the houses for sale?

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £185,127
Average asking price (3 bed) £253,942
Average asking price (4 bed) £393,265
Average asking price (5 bed) no relevant data for this city

After looking at this table about prices of houses for sale in Apley, 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 Apley, £262,524 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 Apley.

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.

What is the final sale price of a house in Apley?

In Apley, houses for sale are sold at an average of £197,760. 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 Apley. 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) £230,193
Aerage sold price (semi-detached) £160,278
Aerage sold price (terraced) £149,690
Aerage sold price (flat) no relevant data for this city

As you can see above, for Apley, 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 8% where lots of movement may inflate or deflate house prices.

Housing category Sale price per square foot
Aerage sold price/sqft £2,070
Aerage sold price/sqft (new build) £1,980
Aerage sold price/sqft (old stock) £2,000

Looking at the second table about Apley, 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 Apley is £2,070.

Always consider average rental yield when searching for houses for sale in Apley

What is the growth in the housing market of Apley?

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

1 year 3 years 5 years
Apley growth rate 12% 30% 38%

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 Apley 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 Apley.

If you’re buying a house for investment rather than for the reason to live in the house over time and use the house as a place to stay in the long term, there is a need to look at the rental yield figure to see if the house for sale you are considering to buy is a good investment or not.

This figure is usually looked at by investors as well as the rental income of the area, the sale turnover and the rent turnover.

The table below represents this data and compares Apley to Lincolnshire and the broader suburb of the UK; East Midlands.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Apley no relevant data for this city no relevant data for this city no relevant data for this city 19.0%
Lincolnshire 3.97% £689 100.56% 15.86%
East Midlands 4.02% £775 113.13% 19.44%

Let’s assume you want to sell the house you’re looking to buy in Apley for profit in the future, in this case, looking at the data for the number of houses sold per month in Apley would give you an idea of whether the area is actively getting new investors. This figure is 10.

It is vital you be careful with this figure however as the data can suggest something that isn’t true in Apley. To give an example, a lot of people buying new houses could also indicate there are a lot of new first time buyers in the area which would in fact drive down the rental yield.

The more people there are interested in renting, rather than buying, the more likely that area of the UK has high rental yields and hence investors like these areas to invest in to create a large amount of cash flow.

Who can help you buy a house for sale in Apley?

Other cities you can consider looking for with houses for sale

See here below a list of cities in the same UK region of Apley which is East Midlands. You might want to consider these as alternatives for your next real estate investment:

Or, visit our dedicated page on the houses for sale data for the whole of the UK – 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.

Invest in a house for sale that meets your demands

What parameters impact the final price of a house for sale in Apley?
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.

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