Sometimes, working out the prices of the houses for sale can be tricky business. This is why we created this article all about the price of houses for sale in Greasbrough, South Yorkshire.
From the average asking price of houses for sale in Greasbrough to the growth of the population in the area, all will be talked about regarding the city of Greasbrough. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
What is the asking price on average of houses for sale in Greasbrough?
When investors make offers for houses for sale in Greasbrough, the average price asked by the homeowners works out to be £157,453.
In the table below, for all the different sizes of houses in the area, the average asking prices have been displayed. This tells you what kind of house is more or less expensive and sought after despite houses with fewer bedrooms being overall less expensive anyway.
Any house that looks like it is overpriced for the number of bedrooms it has in Greasbrough is typically not overpriced. It is just the case that that type of housing has a higher demand, therefore, people are willing to pay more.
The average asking price for the houses for sale in the city of Greasbrough
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£114,430|
|Average asking price (3 bed)||£150,745|
|Average asking price (4 bed)||£349,117|
|Average asking price (5 bed)||no relevant data for this city|
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 (£0) for houses for sale with this table to get a good idea as to whether Greasbrough is the right area to buy a house in for you.
In Greasbrough, what do houses for sale tend to sell for?
As well as looking at the asking price for house for sale in Greasbrough, a sensible homeowner or investor will also consider the final price a house sells for. This final price may be influenced by elements like the amount people are earning in the area and what opportunities for employment there are in Greasbrough.
Houses for sale, are sold on average in Greasbrough, after the influence of these factors, at £125,461 as a result. And may be on the rise or decline depending on a combination of variables such as the crime rate, or population growth which was 3% over the last 10 years.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£216,698|
|Aerage sold price (semi-detached)||£129,181|
|Aerage sold price (terraced)||£93,527|
|Aerage sold price (flat)||£70,402|
This table above shows the average sale price for each variation of houses for sale in Greasbrough.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£1,460|
|Aerage sold price/sqft (new build)||£1,300|
|Aerage sold price/sqft (old stock)||£1,420|
This final table looks at the price per square foot of houses for sale. Looking at the final table, you can take a further average and conclude that the average price per square foot of houses in general in Greasbrough is £1,460.
This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.
Why you should consider the average rental yield when searching for houses for sale in Greasbrough
Are there new houses being built in Greasbrough to make it grow?
Whenever you are thinking about looking for houses for sale in Greasbrough, think about how the city is growing and how this may impact the overall growth of the area.
Comparing the growth at different time periods would be a great way to assess whether the growth has slowed down, remained the same or perhaps stagnated over the years.
|1 year||3 years||5 years|
|Greasbrough growth rate||-2%||12%||25%|
As the population of Greasbrough grows, this may also push up the price of the houses for sale. More people would be looking to buy homes and permanently live in the area. This demand helps a home appreciate. However, this isn’t always true because some cities build a lot of houses too to match the supply.
You may have heard of rental yield as being important for investors who wish to make a sizable profit on their rental properties. If this sounds like you and you’re looking to invest in a house currently for sale and collect rental income in Greasbrough this statistic is what you were looking for.
Data should also be compared to the broader region of the UK (East Midlands) alongside South Yorkshire then looked at with other statistics like the area’s rent and the turnover of sale of the houses in question. It could be that an investor prefers to make a profit on the sale of a house rather than the rental income and optimal properties for this investment varies throughout Greasbrough.
This decision is made differently depending on the investor’s tolerance for risk, investing strategy, the location they’re investing in and their overall goal for buying a house currently listed for sale.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Greasbrough||no relevant data for this city||no relevant data for this city||no relevant data for this city||20.0%|
As you observe table above, it could be valuable to contrast these figures with other pieces of data relevant to the process of buying like the crime rate or the appreciation of houses for sale in Greasbrough.
As you can tell, the best conclusions are drawn when the buyer of a house for sale looks at all the data involved holistically and doesn’t make quick decisions based on one or two pieces of data. As an example, comparing the data with the number of property sold per month (18) will be useful.
In Greasbrough, what are the demographics like?
Greasbrough within South Yorkshire is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Greasbrough will be looked at by comparing it to the local region, as well as comparing it to the wider region too (East Midlands). From what the population of the city is to how it’s growing as well as factors like the overall crime rate.
This data is impacted by the history of the area and what kind of industry there is around. All of which also impact house prices which is crucial for you to understand as you look at houses for sale in Greasbrough.
How much green space is available to residents of Greasbrough?
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 Greasbrough currently has 14.4 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 Greasbrough in this case.
What’s a social grade score and how does it relate to Greasbrough?
The social grade score is a good indicator of what type of jobs people generally work in the area. Whether that be working in the primary sector, secondary sector, tertiary sector or maybe the quaternary sector of jobs.
The scale is slightly different to this though on a scale of A to E. A refers to people who are in the most skilled, managerial roles whereas E include people such as casual workers.
In Greasbrough, the percentage of people in the two highest categories, A and B is 12%. This figure includes people who are therefore most likely to be more skilled and have higher paid jobs.
When contrasting these figures, the average household income for the area is £34,800. This income will generally get bigger as the percentage of people in the A and B categories go up too (12%).
What is the education level like in Greasbrough?
Interestingly, the percentage of people who have a degree in the city of Greasbrough is 13%. 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 Greasbrough is £34,800.
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.
Is the crime rate bad in the city of Greasbrough?
In Greasbrough, for every 1000 people, there is currently a crime rate of 121. 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 (121 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.
Are the deprivation levels of the UK any different to Greasbrough?
Deprivation levels refer to the ability of the population of the city to earn enough to keep their lifestyle going. Nationwide, it is thought that the number of people at this level or not being able to meet the costs of living is around 33%. In comparison, the deprivation level of Greasbrough is 33%.
How much do people in Greasbrough earn?
As earning potential goes up in a city, so does the quality of schools in the area, the general infrastructure and the social grade score (12%). All in all, the area becomes a more desirable place to live in.
This is why it is vital to pay attention to how much people are making annually in any city you plan on making a house purchase in. In Greasbrough, this works out to be £34,800. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
In the city of Greasbrough, has the population grown or shrunk?
Population growth in Greasbrough 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 Greasbrough, 35,866 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 Greasbrough 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 Greasbrough, 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 Greasbrough?
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 3% in Greasbrough.
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.
Get professional help on the houses for sale in Greasbrough
houses for sale in other cities in the UK
Examine this short list of cities belonging to East Midlands, the same region where Greasbrough is located.
- Bestwood-Village in East Midlands
- New-Houghton in East Midlands
- Arksey in East Midlands
- Aston-Flamville in East Midlands
- Buckminster in East Midlands
If none of these is of your interest, we suggest you visit our landing page with all data related to the houses for sale in the UK.
Finding the ideal house for sale for you
What parameters impact the final price of a house for sale in Greasbrough?
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.
In today’s market with an abundance of homes available for sale, choosing the best house for sale can be challenging.
With several houses for sale to choose from, who will guide you through the process of choosing?
We have listed here below several experts and companies able to advise and support potential buyers.
The process of finding and investing in a house for sale can be lengthy and time-consuming, this is why we suggest you consult with the following professionals:
- Banks – Lend you the cash
- Insurance companies – Insure your new real estate investment
- Conveyancer – handles all the legal labour that is needed to proceed in buying a house for sale.
- Surveyor – Carries out an independent and complete property valuation of the house for sale
- Mortgage advisor – If you are thinking to get a mortgage to get the finances needed to afford to buy a house for sale, a mortgage advisor is the person you should be looking for
- EPC person – Always get a quote on the Energy Performance Certificate of the houses for sale listed in a certain city