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A guide on houses for sale in Antingham

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in East of England $ A guide on houses for sale in Antingham

Whenever looking for a house for sale in the UK or in Antingham, it is vital you look at the market trends and house price fluctuations in the wider area of Norfolk 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 Antingham.

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

On average, what is the figure for the asking price of a house for sale in Antingham?

As you go ahead and make offers on a house for sale, it is sometimes best to know what other people are offering for the same type of house for sale so you know what to offer yourself to get a good deal. So you should know, the average asking price of Antingham is £307,174.

Even though the asking price is not what the eventual price the house is sold at, making a note of the averages for the city of Antingham is useful when negotiating and knowing what to expect for every type of house for sale.

Average asking prices for houses for sale in Antingham

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £239,783
Average asking price (3 bed) £313,324
Average asking price (4 bed) £454,688
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 £0. 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 Antingham has a lack of supply of housing in certain categories.

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

As well as looking at the asking price for house for sale in Antingham, 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 Antingham.

Houses for sale, are sold on average in Antingham, after the influence of these factors, at £234,396 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 4% over the last 10 years.

Housing category Total final sale price
Aerage sold price (detached) £293,774
Aerage sold price (semi-detached) £204,848
Aerage sold price (terraced) £185,725
Aerage sold price (flat) £143,317

This table above shows the average sale price for each variation of houses for sale in Antingham.

Housing category Sale price per square foot
Aerage sold price/sqft £2,560
Aerage sold price/sqft (new build) £2,370
Aerage sold price/sqft (old stock) £2,490

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 Antingham is £2,560.

This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.

What are the people like in Antingham?

Antingham within Norfolk is notable for the type of people that live there. The statistics below show how this is the case.

As you read on, Antingham will be looked at by comparing it to the local region, as well as comparing it to the wider region too (East of England). 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 Antingham.

In Antingham, how educated are people in general?

In the city of Antingham, 19% of people have degrees. In general, as the number of people who are highly educated goes up, the more likely they are to have the ability to buy houses as their annual household income goes up too.

So you can see for yourself, the average income for the people of Antingham is £36,500. This generally goes up with the education level of the area. Additionally, looking at the difference between the proportion of people with degrees and the UK average for this statistic (22.6%) should give you an idea of the affluence and education of the city.

A higher education level can therefore tell you if the house prices are likely to be high as the higher income level often results in people buying a bigger, more valuable house.

Having said this, whale education level can be a good factor to go by, there are also things like the rental yields, the population growth and social grades scores that can impact the value of a house and whether it will go up in value as time goes on.

In Antingham, what are the deprivation levels like?

Deprivation of a city is defined as the number of people who are considered to not be earning enough to sustain their lifestyle. The UK average of deprivation nationwide is 33% so comparing the figure of 26% for Antingham should give you a nice idea of the deprivation in the area.

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

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 Antingham in grades A or B which are the highest skilled roles in the country is 15%. Realistically, you can expect workers in this category to earn a higher salary too.

For comparison, £36,500 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 15%.

In Antingham, how has the population changed?

Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Antingham if 17,331 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 Antingham such as rental yield or house appreciation.

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

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

In the last decade, the population of Antingham has been adjusted by 4%. 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 salary does the community in Antingham take home?

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 (15%). 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 Antingham, this works out to be £36,500. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.

Do the people of Antingham get to enjoy green space?

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 Antingham, 8.6 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 Antingham.

What’s the crime rate in Antingham?

For every one thousand people living in Antingham, 58 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 58 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.

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

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 Antingham to Norfolk and the broader suburb of the UK; East of England.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Antingham no relevant data for this city no relevant data for this city no relevant data for this city 16.0%
Norfolk 3.75% £975 117.20% 16.23%
East of England 3.49% £1,148 126.76% 16.58%

Let’s assume you want to sell the house you’re looking to buy in Antingham for profit in the future, in this case, looking at the data for the number of houses sold per month in Antingham would give you an idea of whether the area is actively getting new investors. This figure is 15.

It is vital you be careful with this figure however as the data can suggest something that isn’t true in Antingham. 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.

What is the growth in the housing market of Antingham?

Before committing to Antingham 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
Antingham growth rate 5% 21% 23%

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 Antingham is building housing to find your answer.

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

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 of England, the same UK region as Antingham:

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

Invest in a house for sale that meets your demands

Many criteria impact the price of houses for sale in Antingham.
Here below are the most important ones according to Lofti’s expertise:

  • Affordability – (see what house for sale can you afford?)

    A guide from the UK government

  • House Location – The borough and region of the UK you want to invest in is an important factor to consider when looking for a home for sale.

  • Transport – Commuting can be a waste of time. Minimise it by checking how long it will take from the house for sale you’re interested in, to your office before considering buying

  • Number of bedrooms – The number of bedrooms goes hand in hand with the house for sale price. If you are buying for the long period try to think if you might need an extra bedroom

  • Energy performance of the house for sale – The difference between an EPC rating of A and an EPC rating of G can impact your monthly utility bills, consider this when evaluating houses for sale.

  • Internet connection – Being able to take video calls from your home is crucial nowadays, always check the broadband of the area when browsing houses for sale

  • Car park – Ask the property seller for parking availability. If it is included in the price of the house for sale, you can justify paying more than you would at first glance

  • Conditions of the house for sale – Repair works can be expensive and take a lot of time, assess the conditions of the houses listed for sale before making an official offer.

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

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