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How much will you pay for a house for sale in Nether Haugh?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in East Midlands $ How much will you pay for a house for sale in Nether Haugh?

Whenever looking for a house for sale in the UK or in Nether Haugh, it is vital you look at the market trends and house price fluctuations in the wider area of South Yorkshire too. House prices of houses for sale can change even among different streets very close to each other so, as a landlord, it would be a good idea to be familiar with the area of Nether Haugh.

In this article, we will be looking at the city of Nether Haugh in detail so you know how to navigate the area and have a better understanding on where to invest.

What are the demographics like in the city of Nether Haugh?

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

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 Nether Haugh 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 Nether Haugh, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 10%.

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

Nether Haugh 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, Nether Haugh 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 Nether Haugh.

How deprived is the population of Nether Haugh?

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 Nether Haugh is 33%.

What does the population of Nether Haugh 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 Nether Haugh if 19,772 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 Nether Haugh such as rental yield or house appreciation.

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

In the previous five years there has been a change in the number of people of Nether Haugh by 2%. 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 2% 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 Nether Haugh?

In the last decade, the population of Nether Haugh has been adjusted by 3%. 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.

How educated are the people in Nether Haugh?

In the city of Nether Haugh, 13% 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 Nether Haugh is £34,500.

This should correspond with the average percentage of people in the UK who have degrees at 22.6%.

What’s crime like in Nether Haugh?

For the city of Nether Haugh, crime rate is at 127. So for every 1000 people in the area, 127 commit a crime which is prosecuted. Paying close attention to this figure of crime rate is not only important for the value of a house but also to calculate the maintenance cost of owning a house and how attractive an area can be for future buyers.

So, compare it to the nationwide average of 79.52 per 1000 people and consider if you are happy with this figure based on the price you’re paying for a house you’re interested in.

On top of this, houses that are in areas where there is a high crime rate tend to have to pay higher insurance rates, costing a homeowner in the long term.

Additionally, paying for further security on a house such as CCTV or potentially gates and fences that deter thieves may be necessary for an area with a high crime rate.

How much do people in Nether Haugh earn?

You may be wondering what the amount people earn has to do with house price. Well, house prices generally go up as people earn more not just because they can afford more valuable properties but also because good areas generally attract more desirable infrastructure. For reference, the average household income is £34,500.

This may be better schools, doctors and areas with lower crime rates. This results in a snowball effect which polarises different areas further, increasing the demand for housing in richer areas by a greater amount. And increasing the proportion of people with high social grade scores. For Nether Haugh this figure is 10%.

In the city of Nether Haugh, how much green space remains for residents?

Providing the right amount of green space for people in the UK is a difficult subject because there are clear benefits for human health but at the same time, it is hard to make sure all areas of the UK can get enough greenery. This is a result of land being already in use in cities where most people live.

In Nether Haugh, 16.9 is the amount of acres of outdoor space there is for every 1000 people. Charities such as ‘Fields in Trust’ recommend there to be at least 6 acres. This should allow you to conclude whether this green space is sufficient for you if you are interested in buying in Nether Haugh.

In general, for the city of Nether Haugh, what are the final purchase prices for the houses for sale?

There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Nether Haugh. In Nether Haugh, this sale price works out to be £120,530. As an example, a factor like population growth over the last 10 years which works out to be 3% in Nether Haugh and impacts house prices of the houses for sale.

Housing category Total final sale price
Average sold price (detached) £211,451
Average sold price (semi-detached) £116,079
Average sold price (terraced) £90,900
Average sold price (flat) £63,531

Above, the exact type of house is also shown to vary in price in a table in Nether Haugh. You may think that the bigger the house is the more expensive, but actually, this table is more based on the demand for the properties in each category.

Housing category Sale price per square foot
Average sold price/sqft £1,360
Average sold price/sqft (new build) £1,610
Average sold price/sqft (old stock) £1,330

In addition, here is the price per square foot. By taking this data and doing an average, it is also possible to work out the average square foot of houses in Nether Haugh which is £1,360. From here you can get a sense of the price of the overall housing market and therefore, also find out the prices of the houses for sale.

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

When investors make offers for houses for sale in Nether Haugh, the average price asked by the homeowners works out to be £147,350.

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 Nether Haugh 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.

In the city of Nether Haugh, 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) £111,708
Average asking price (3 bed) £147,436
Average asking price (4 bed) no relevant data for this city
Average asking price (5 bed) no relevant data for this city

The tables should give you a generic view of what the prices of the houses for sale are like. To close things off in terms of the house asking price, the average asking price for the house for sale in the whole of Nether Haugh is £0. This should show you the general prices overall and for individual types of houses too.

Always consider average rental yield when searching for houses for sale in Nether Haugh

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 Nether Haugh. 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 Nether Haugh.

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, Nether Haugh.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Nether Haugh no relevant data for this city no relevant data for this city no relevant data for this city 25.0%
South Yorkshire 4.41% £714 106.44% 22.07%
East Midlands 4.02% £775 113.13% 19.44%

You may also find it useful to compare the data above to the number of properties sold per month Nether Haugh experiences. This figure for house sales per month is 12. 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.

What is the growth in the housing market of Nether Haugh?

The growth of an area like Nether Haugh can be a great indicator of a thriving city and the influx of new people can drive demand for housing and help appreciate the value of your house after you buy it.

Paying attention to the table below tells you how the number of houses has changed over time at one year, three year and five year intervals.

1 year 3 years 5 years
Nether Haugh growth rate 9% 19% 15%

Despite the number of houses being built rising, this may not indicate that the housing price of the houses for sale is going up. It could be the case that there are a lot of new builds in the area which are causing the supply of the houses for sale to match demand and this could cause a decline in house price as time goes on.

Make sure you do your own research specific to the city of Nether Haugh if you want to find out the exact reasons for the housing change.

Get professional help on the houses for sale in Nether Haugh

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

A house for sale appropriate to your needs

Find here below a list of criteria that we suggest you consider before looking for houses for sale in Nether Haugh

  • affordability – the UK gov website comes in helpful when you want to understand (see what house for sale you can afford)

  • Geographic Location – the county and region across the UK you are considering to invest in are crucial factors to consider when browsing houses for sale.

  • Transport network of the house for sale – Hopefully, the pandemic stays in the past. Therefore, working from home may become less predominant than a couple of years ago. Check the commuting time of the house for sale you are considering buying.

  • Bedrooms in the house for sale – are you looking for houses for sale for yourself, for a couple or for the whole family? This condition will narrow down the number of houses for sale relevant to buy.

  • EPC of the house for sale – today more than ever, the energy performance of the properties for sale on the market should be one of the first things you check.

  • Broadband speed – having a good internet connection is crucial nowadays. Always check the available subscriptions available for the areas of the house for sale you want to purchase

  • Are you a car owner? – if yes, you will have to check for parking availability of the house for sale. Does it come with a garage included in the price?

  • Conservation areas – when browsing for houses for sale, we suggest you take a look at the National Heritage list. When a house for sale is included it means that it is not possible for the future homeowner to make changes to the property, both inside and outside.

  • 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.

houses for sale in other cities in the UK

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 Nether Haugh:

You may also refer to our landing page specific to UK houses for sale, houses for sale in the UK

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