As a landlord, whenever you are looking at houses for sale in Derbyshire, you could find varying prices throughout an area like Ashover. 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 Ashover 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 Ashover will be revealed. Keep reading.
Advice from experts on properties for sale in Ashover
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
What are the demographics like in the city of Ashover?
Do the people of Ashover get to enjoy green space?
There are cities in the UK such as Edinburgh and Bristol that have a higher percentages of green space with Edinburgh being the most at 49%. The city of Ashover currently has 15 for every 1000 residents.
Green space helps the quality of people’s mental health as well as fight against diseases like obesity. As studies have shown that the proximity of people to green spaces in the UK has a positive impact on the physical health of people in the UK and Ashover in this case.
In Ashover, how has the population changed?
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 Ashover is 13720.
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 Ashover.
In Ashover, how has the population changed over the last five years?
In the last five years, over time, the change in population size was 3%. 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 Ashover 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 (3%) 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.
Ashover population difference over 10 years?
The population has adjusted in the area of Ashover by 4% 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 Ashover.
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.
Are the people of Ashover deprived?
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 Ashover is £0 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.
What’s the crime rate in Ashover?
For every one thousand people living in Ashover, 11300% 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 11300% 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 are those living in Ashover 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 Ashover. Compare the area’s average household income of £34,100.00 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 13% for more conclusive data on the affluence of the area.
Ashover in the county of Derbyshire 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 Ashover is located in; East Midlands.
Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Ashover, 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.
What is the social grade score of Ashover?
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 Ashover 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 Ashover, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 13%.
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|
In Ashover, how educated are people in general?
In the city of Ashover, 19% people have a degree from a university. The higher this proportion is, in general, the more likely it is that the population is able to buy a house.
Interestingly, as people who have degrees go up, the average income of the area goes up too. You can see if there is a correlation, the average household income in the UK is price34,000 and the average income in Ashover is £34,100.00.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
In Ashover, what are the rental yields?
Are there more or fewer houses being built in Ashover?
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 Ashover at 1 year, 3 year and 5 year intervals:
|1 year||3 years||5 years|
|Ashover growth rate||-7%||12%||32%|
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 Ashover 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 Ashover.
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 Ashover, 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 Derbyshire, to give a smaller scale area to compare the data to.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Ashover||no relevant data for this city||no relevant data for this city||no relevant data for this city||£0|
Assuming that in the future you want to re-sell the house you will eventually purchased in Ashover you might be interested in the number of sales per month (9) that happen in the local housing market. Comparing this figure for Ashover with the above table gives you a good understanding of the profitability of the area.
Are you considering other cities with houses for sale?
If you are looking for similar places to buy a house that are just like Ashover, examine this short list of cities below from outside of the region of East Midlands for some inspiration.
- aston in East Midlands
- st-bees in East Midlands
- inverness in East Midlands
- blackmore in East Midlands
- almeley in East Midlands
If none of these suit your interest, we suggest you visit our page with all of the relevant data concerning houses for sale in the UK, allowing you to buy the right property.
Or, consider buying a leasehold property instead which may be cheaper. However, you will also have to learn what will happen when a leasehold expires so you know how to deal with this side of the law.
What are the asking prices for the houses for sale in the city of Ashover?
Table showing the asking prices for houses for sale in Ashover
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£125,886|
|Average asking price (3 bed)||£222,538|
|Average asking price (4 bed)||£334,260|
|Average asking price (5 bed)||no relevant data for this city|
Reading the table above should therefore give you a good idea of the type of house for sale that is within your budget in Ashover and if you may need to look at a different area in order to buy the type of house you can afford.
Also, noting the £2,380 should also give you an overview of what the asking price for houses for sale are in general.
When speaking about the city of Ashover, £237,814 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 in Ashover would be after a larger house than someone living alone.
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.
In general, what do houses for sale sell for in Ashover?
For the city of Ashover, the average price a house sells for is £169,251. This value usually depends on the exact location of the house within Ashover as well as other factors like the population growth which is 4% over a ten-year period.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£255,175|
|Aerage sold price (semi-detached)||£144,066|
|Aerage sold price (terraced)||£106,055|
|Aerage sold price (flat)||£84,792|
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 Ashover.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£1,820|
|Aerage sold price/sqft (new build)||£2,150|
|Aerage sold price/sqft (old stock)||£1,650|
Generalising the bottom table, the average value per square foot of a house for sale is £2,100. This value averages all of the types of houses for sale in Ashover. 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 Ashover.
Bear in mind that if you are a landlord looking to buy a property to rent, you will also run into other expenses like letting agent fees and the cost of listing your property for sale on Rightmove in your city.
A house for sale appropriate to your needs
What parameters impact the final price of a house for sale in Ashover?
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.
If you are a landlord, should you renovate a property in the city of Ashover?
Amidst the urban landscape of Ashover, an intriguing figure for determining if a property can be renovated is the success of planning permission. The monthly total of planning applications in the area is 7 and on the other hand, there is a planning success rate of nan. It is also useful to take into consideration the population size of the area (13720).
On a monthly basis, how many property transactions take place in Ashover?
In the city of Ashover, there are 9 and in the total for the UK, there are around 1.1 million property sales.
What is the population change each year in a city like Ashover?
To work out how the population of Ashover has changed over time, you can look at the population change over a decade which is 4% and the change in a five year period two which falls at 3%. Compare the two and look at the population growth or decline in recent times to really make sure you have a good understanding of the population
prices for houses on sale in the broader vicinity of Ashover?
The average asking price of a house in Ashover is currently £2,380 based on the average price per square foot.
Is investing in a house for sale in Ashover a financially demanding choice?
Calculate if a property is on the pricier side by matching a listed house for sale against the mean selling prices. In Ashover, this value is £169,251, compared to the UK’s average of £286,500.