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Anmer – What to look for in houses for sale?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in East of England $ Anmer – What to look for in houses for sale?

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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 Anmer, Norfolk.

From the average asking price of houses for sale in Anmer, to the growth of the population in the area, all will be talked about regarding the city of Anmer. So you will get better clued up on the area, and make finding a house for sale in the UK easier.

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

The figure of rental yield is commonly looked at by investors who wish to increase their income by investing in areas where rental yields of the houses for sale are higher. Usually, the higher the rental yield, the more attractive a house for sale is for an investor. This is why it is common for landlords to increase rent using section 13, to maximise this yield, as it is so important.

Nonetheless, there are also instances where an investor will go with a house with lower yields in order to benefit from the appreciation of a house too which is why it’s vital to look into all the details of Anmer.

The data below shows the rental yield, rent turnover and the percentage of the money made on the sale of a house. The data is broken down into the county city is in (Norfolk) as well as the broader region; East of England.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Anmer no relevant data for this city no relevant data for this city no relevant data for this city £0
Norfolk 3.75% £974.67 117.20% 16.23%
East of England 0.03 1,148.32 £1 16.58%

Also, you can compare other data to the table above such as the number of houses sold per month in Anmer which is 16 and get a better understanding of the housing market.

This is great if you want to gauge if investors are actively looking for houses for sale in the area over other areas in the UK which may be an induction of how profitable Anmer is to invest in. Both in terms of rental yield and capital appreciation.

Is the housing market in Anmer growing?

Before committing to Anmer 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
Anmer growth rate 4% 23% 30%

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 Anmer is building housing to find your answer.

In general, what do houses for sale sell for in Anmer?

In Anmer, the average sale price of a house for sale is in fact £302,202. This is dependent on the 10 year population growth of Anmer being 3%. Growing populations are more likely to inflate the prices of houses for sale in the city of Anmer.

Housing category Total final sale price
Aerage sold price (detached) £336,129
Aerage sold price (semi-detached) £228,054
Aerage sold price (terraced) £254,854
Aerage sold price (flat) £147,106

The list below is able to inform you of what these prices are. Giving you an accurate estimate of whether a landlord is likely to accept your offer based on the prices of the houses for sale in Anmer.

Housing category Sale price per square foot
Aerage sold price/sqft £2,940
Aerage sold price/sqft (new build) £3,070
Aerage sold price/sqft (old stock) £2,810

Evidently, certain types of houses for sale will have different types of demand and this will be reflected on the final price.

On average, the cost of a house for sale per square foot works out to be £3,380. This means if you are just looking out the houses sold in Anmer in general and didn’t take into consideration the type of build. For example, a new build.

What kind of demographics does the city of Anmer have?

What’s crime like in Anmer?

For every one thousand people living in Anmer, 4200% 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 4200% 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.

Is there sufficient green space in Anmer?

Whether you view green space in Anmer 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 Anmer, the number of acres of green space for every 1000 people currently is no relevant data for this city which can be measured against the UK average of 1.7.

For the city of Anmer, what is the education level?

In Anmer, the proportion of people who have a degree is 21%. Generally speaking, as the number of people with degrees increases, the more people are able to afford houses to buy as a degree is a good indicator of a higher income. To put this into perspective, the average income of Anmer is £38,400.00.

This figure for average household income usually goes up alongside the percentage of people who have degrees.

However, this is not a hard and fast rule, there are many factors influencing the buying power of a population and hence the appreciation of housing and the number of houses for sale in the area. This can include the rental yields of the area and other demographic statistics like crime rate.

Nonetheless, it cannot be argued that those with degrees tend to live in more affluent areas as 82% of people who achieve a first in degree level education are owners of the place they live.

Are the people of Anmer deprived?

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Anmer, currently, £0 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.

Anmer in the county of Norfolk 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 Anmer is located in; East of England.

Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Anmer, 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.

In the city of Anmer, has the population grown or shrunk?

In total, the number of people in Anmer is 19908. This figure can be used to estimate the appreciation of the houses but it is also important you look at the population growth figure in order to make this more accurate.

Whether a large population benefits you as a landlord is dependent on what you want from a home. A large population is great if you have children who prefer the bustle of crowds in cities but there are also those who purposely want to buy somewhere rural.

You may also be able to find a balance of both where there are shops, restaurants and entertainment and also rural areas all within a short distance which may be the case ni Anmer, depending on where exactly you are.

How has Anmer changed in the past five years?

Five years provides enough time for a city to grow dramatically. It may be the case that the population grows or shrinks but the city of Anmer has changed by no relevant data for this city. Read more here

It is also helpful to compare this data to a longer time period like 10 years like in the below subheading. If the population trend of growth or decline has been there for a longer period of time you’ll be able to tell if no relevant data for this city is a recent change or not.
Click here to know more on the UK population trends.

In the last decade, what is the difference in population in Anmer?

3% has been the population growth change in the past 10 years.

Usually, this is more of a conservative figure compared to the five year change of a city.

Industrial changes can also be the reason for this shift but it could also be due to immigration or emigration. Bringing people in or out of the area.

The recent global pandemic has also shifted the number of people living in cities as people realise they can now work remotely. It may be that the people of a Anmer have seen a more desirable way of working, moving to make themselves more comfortable in their careers.

For example, the population of the South west of England has seen a massive increase in population because workers want to move there to benefit from the slightly better weather, lower house prices and also the rural area. Nonetheless, they can also benefit from travelling to the capital city of the UK, London.

How much are those living in Anmer 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 Anmer. Compare the area’s average household income of £38,400.00 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 18% for more conclusive data on the affluence of the area.

What is the city of Anmer’s social grade score?

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 Anmer, the percentage of people in the two highest categories, A and B is 18%. 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 £38,400.00. This income will generally get bigger as the percentage of people in the A and B categories go up too (18%).

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

When investors make offers for houses for sale in Anmer, the average price asked by the homeowners works out to be £395,162.

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 Anmer 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.

Table showing the asking prices for houses for sale in Anmer

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £273,095
Average asking price (3 bed) £409,094
Average asking price (4 bed) £591,607
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 £3,820. 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 Anmer has a lack of supply of housing in certain categories.

Invest in a house for sale that meets your demands

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

Professional advice for houses for sale in Anmer

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

Thinking of a different city and perhaps a different location?

We have prepared a list of cities that are entirely dissimilar to the region of East of England, perfect if you are looking for somewhere similar to Anmer but want to relocate to a different region entirely. You should then be able to evaluate the different houses for sale listed in the region:

Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.

FAQ (Frequently Asked Questions)

Are there opportunities for property renovation in Anmer?

If planning permissions are abundant in the vicinity of Anmer, it may look promising for landlords looking to renovate. With 18 getting approved on a monthly basis, and a success rate of nan, these prospects flourish against a population of 19908. A comparative analysis against other locations across the UK will lend you a good perspective of this data.

On a monthly basis, how many property transactions take place in Anmer?

16 property transactions are reported in Anmer each month, alongside a broader picture of approximately 1.1 million property sales across the UK.

In a city like Anmer, what’s the yearly fluctuation in population?

To assess the shifts in Anmer’s population over time, analyse how the population has altered. Look at the ten year change of population of 3%, alongside the five-year change of no relevant data for this city.

What are the asking rates for houses for sale in the surrounding area of Anmer?

The average cost per square foot for a house in Anmer is presently £3,820.

Is investing in a house for sale in Anmer a financially demanding choice?

Ascertain the costliness of a property by examining a listed house for sale in relation to the prevailing average selling prices. In Anmer, this stands at £302,202, whereas the UK’s mean is £286,500.

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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