Ardeley might be an interesting area to invest in when looking for a house for sale in the UK as it is a unique area in the county of Hertfordshire.
Before looking for a house for sale in the city of Ardeley we strongly suggest landlords and real estate investors to research in detail and consider all involved factors. Indeed, house prices can change quite a bit depending on the square foot of the property, the number of rooms, the economic climate, the location of the house and more.
In this data heavy article the reader will be able to find out more on the topic and see the specific data to consider when evaluating different houses for sale in Ardeley.
Advice from experts on properties for sale in Ardeley
Considering all the above data and information provided, you may want know who can help you buy a house for sale.
Lots of professionals offer property investors and first-time buyers advice and assistance in dealing with the process of acquiring a house for sale.
Below, you can find a list of professionals that come in handy when looking for houses for sale:
- Lender – Is someone capable of lending you the money you need to complete the purchase of the house for sale
- Insurer – Insurance companies provide building insurances and other financial products you need to protect your real estate assets
- Conveyancer – This professional will take care of the legal work needed when looking for a house for sale
- Surveyor – Use this professional to assess the condition of the house for sale you are willing to buy, get an independent valuation and feel more comfortable when negotiating the final price
- Mortgage broker or adviser – Different buyers can access different mortgages to buy a house for sale. Let the mortgage broker suggest to you which one is the best given your financial situation
- Energy professional – Nowadays is more important than ever, to get professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering as your next investment
Why you should consider the average rental yield when searching for houses for sale in Ardeley
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 Ardeley this statistic is what you were looking for.
Data should also be compared to the broader region of the UK (East of England) alongside Hertfordshire 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 Ardeley.
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)|
|East of England||0.03||1,148.32||£1||16.58%|
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 Ardeley.
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 (19) will be useful.
Are there new houses being built in Ardeley to make it grow?
Whenever you are thinking about looking for houses for sale in Ardeley, 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|
|Ardeley growth rate||5%||15%||20%|
As the population of Ardeley 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.
houses for sale in other cities and regions in the UK
If you are looking for similar places to buy a house that are just like Ardeley, examine this short list of cities below from outside of the region of East of England for some inspiration.
- byers-green in East of England
- bayford in East of England
- beattock in East of England
- brentry in East of England
- auckley in East of England
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 kind of demographics does the city of Ardeley have?
Are the people of Ardeley 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 Ardeley 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 crime like in Ardeley?
For the city of Ardeley, crime rate is at 8400%. So for every 1000 people in the area, 8400% 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.
Do the people of Ardeley 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 Ardeley currently has 18 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 Ardeley in this case.
What is the social grade score of Ardeley?
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 Ardeley, the percentage of people in the two highest categories, A and B is 21%. 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 £48,300.00. This income will generally get bigger as the percentage of people in the A and B categories go up too (21%).
How much do people in Ardeley earn?
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 Ardeley. Compare the area’s average household income of £48,300.00 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 21% for more conclusive data on the affluence of the area.
The city of Ardeley, situated in Hertfordshire, is a particularly impressive part of the UK because of the specific demographics of the location.
In the below headings, the city of Ardeley and its demographics will be compared to its wider location (East of England). This includes population size, growth and population education now and into the future.
These statistics are heavily influenced by socio-economic factors and as a result this also shapes the projected house price of the houses for sale in Ardeley. So, taking a good look at the data is essential to understand the area you are considering to buy in.
In Ardeley, how has the population changed?
Population growth in Ardeley 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 Ardeley, 42038 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 Ardeley 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 Ardeley, 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 Ardeley?
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 7% in Ardeley.
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.
How educated are the people in Ardeley?
Interestingly, the percentage of people who have a degree in the city of Ardeley is 21%. 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 Ardeley is £48,300.00.
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.
Choose the right house for sale that suits your needs
When browsing houses for sale in Ardeley you should think about lots of different criteria:
House for sale affordability – visit the dedicated page of the UK government to understand (see what you can afford)
Location of the house for sale – the region and town you are considering to live in are crucial factors to consider before looking for houses for sale. In this article, we define lots of demographic factors that should help you make a decision.
House for sale transport links – even if working from home is becoming more and more predominant, we suggest you check the transport links the house for sale has.
Number of bedrooms in the house for sale – are you looking for houses for sale for the whole family or are you single? Always think about how many bedrooms you need and if that number might change in the future
energy performance of the house for sale – What is the EPC of the house for sale? Today more than ever, is important that you check the EPC rating of the real estate assets available for sale on the market.
Internet speed in the area of the house for sale – it is important to remember that internet speed is a consequence of two factors: your plan and the infrastructure available in the area. Always check these parameters before looking for houses for sale. Especially if you are renting the property as this will impact your business costs. Whether that be in an excluded tenancy agreement or a more common, assured shorthold tenancy.
Does the house for sale have parking – if yes, is it on-street or is the house for sale equipped with a garage?
Houses for sale in conservation areas – always check the National Heritage list. If a house for sale is part of this list it means that it might be impossible for you to make changes to the property’s internal and external structure.
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.
On average, what is the figure for the asking price of a house for sale in Ardeley?
Average prices for the houses for sale in Ardeley
|Average asking price (1 bed)||£229,366|
|Average asking price (2 bed)||£306,996|
|Average asking price (3 bed)||£372,568|
|Average asking price (4 bed)||£599,815|
|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, the average asking price for the house for sale in the whole of Ardeley is £0. This should show you the general prices overall and for individual types of houses too.
Before a house gets sold, the figure it sells for always starts off as an asking price. This average asking price for the houses for sale in Ardeley determines the eventual sale price of the house so it isn’t the most important figure but is still important to take note of. This figure is currently £364,499.
Below, there is a table showing the asking price of the different sizes of houses based on the number of bedrooms of the houses in Ardeley.
In general, what do houses for sale sell for in Ardeley?
In Ardeley, the average sale price of a house for sale is in fact £307,942. This is dependent on the 10 year population growth of Ardeley being 7%. Growing populations are more likely to inflate the prices of houses for sale in the city of Ardeley.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£475,601|
|Aerage sold price (semi-detached)||£332,121|
|Aerage sold price (terraced)||£279,579|
|Aerage sold price (flat)||£183,793|
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 Ardeley.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£3,470|
|Aerage sold price/sqft (new build)||£3,530|
|Aerage sold price/sqft (old stock)||£3,390|
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 £3,470. This means if you are just looking out the houses sold in Ardeley in general and didn’t take into consideration the type of build. For example, a new build.
Frequently Asked Questions (FAQ)
Do properties in Ardeley offer renovation potential?
Ardeley is likely to be a great place for revamping property if there is a lot of greenlit planning permission. The are 16 each month, attaining a success rate of 92% and a total population of 42038. You can find out if this is above or below similar areas in the UK by comparing it to a nearby place
How many property sales occur per month in Ardeley?
In the city of Ardeley, there are 19 and in the total for the UK, there are around 1.1 million property sales.
What’s the year-over-year population change in Ardeley or similar cities?
When evaluating the population trajectory of Ardeley, explore the decade-spanning population shift of 7% and the five-year modification of population of 2%. By drawing comparisons, see if demographic changes in your chosen area is
prices for houses on sale in the broader vicinity of Ardeley?
The average cost per square foot for a house in Ardeley is presently £0.
Does opting for a house for sale in Ardeley come with a hefty price tag?
To assess the affordability of a property, locate a house for sale and contrast it with the mean selling prices. In Ardeley, the value is £307,942, whereas the UK’s mean is £286,500