fbpx

How much will you pay for a house for sale in Ashendon?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in East of England $ How much will you pay for a house for sale in Ashendon?

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

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

What are the people like in Ashendon?

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

As you read on, Ashendon 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 Ashendon.

How much green space is available to residents of Ashendon?

In the UK, there are a range of cities which have a lot of green space. In some cases, green space can get as high as 49% of outdoor land like in the city of Edinburgh. When specifically talking about Ashendon, the city has 24.7 per 1000 residents.

This can be compared to an average of 1.7 acres of green space per 1000 residents which is the UK’s national average. It is up to you to decide how much you’ll let the amount of green space impact your buying decision in Ashendon.

What is the city of Ashendon’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 Ashendon in grades A or B which are the highest skilled roles in the country is 37%. Realistically, you can expect workers in this category to earn a higher salary too.

For comparison, £56,600 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 37%.

In Ashendon, how educated are people in general?

The number of people as a percentage who have been through university and gained a degree is 30%. The ability to buy a home is greatly influenced by the number of people who have degrees. £56,600 is the amount people in Ashendon are earning.

As you can tell, this figure along with the number of people who have degrees roughly correlate. For reference, the percentage of people who have degrees in the UK is 22.6% and the average household income is.

As a general rule, the bigger the difference between this 22.6% figure and the percentage of people with a degree in Ashendon, the bigger the difference in the ability to earn and hence buy a house. A higher number of degrees will increase the potential for people to earn and hence the buying power of the population. This will also push up the price of houses in the area.

Nonetheless, making accurate estimates for the appreciation of homes must be done with other pieces of data in mind such as the rental yields or perhaps the crime rate of the area to name some examples.

In Ashendon, how has the population changed?

The city of Ashendon has a total population of 13,531. Large population sizes can be good to show there is a high demand for people to buy houses in the area but a better indication is if the population of Ashendon is growing.

A small population city can also have high prices of houses for sale, because, if there is a growing population, and demand is still high, this could mean the house prices are pushed up.

Either way, a population must also be looked at in terms of the appreciation of the area as well as the rental yields and if the area really meets your needs.

The five year population change of Ashendon

Over time, in the last five years, the population of the city of Ashendon has changed by 4%. This figure can tell you a lot because a growing population indicates a house is likely to appreciate. Read more here

In addition, looking at the 10 year figure for population growth in the below paragraphs can give you further evidence as to what the change in population has been for a longer period of time. As a result, you’ll know if this 4% population change is something that has been there for a while or if it is a new trend. Click here to know more on the UK population trends.

What is the difference in population over the last 10 years in Ashendon?

In the last 10 years, there has been a shift in the population of 9%.

Comparing this to the 5 year figure of Ashendon can tell you if there is a long history of population growth or decline, if there are population fluctuations or if the trend is stable.

New industries opening up in the area, the addition of new jobs and also international and national migration might all be reasons for changes in population size. Resulting in people moving in or leaving an area.

A good example of a quick change in population was in Stratford, London in 2012. Here, there was an increase in government spending in the area because of the Olympics which resulted in massive population growth.

Are the people of Ashendon deprived?

The deprivation levels of the UK can vary quite a bit. High deprivation levels signal a particular area has people who are struggling to make ends meet and pay for basic living expenses. For Ashendon, in particular, the deprivation levels are 19%.

This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.

In Ashendon, what is the crime rate?

The crime rate of Ashendon must be looked at sceptically. The reason for this is that the crime rate can vary within a city greatly and the type of crime committed can also vary too.

For example, the area has a crime rate of 60, but another city may have a higher crime rate but not be deemed as dangerous due to lower level crime or minor offences being committed.

Either way, high crime rates are never a good sign so consider the rate against the UK average of 79.52 for every 1000 people as a benchmark.

Lower rates could mean things like home insurance is cheaper and you have to install fewer security measures throughout your house. Saving you money in the long run. So the statistic of crime rate (60) is both useful and is recommended to be compared to the average.

What salary does the community in Ashendon take home?

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 Ashendon. Compare the area’s average household income of £56,600 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 37% for more conclusive data on the affluence of the area.

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

What is the growth in the housing market of Ashendon?

Before making an investment and move forward with buying a house for sale, another important set of data an investor should analyse is the growth trends of the area in question.

Below are the forecasted growth rates for the city of Ashendon at 1 year, 3 year and 5 year intervals:

1 year 3 years 5 years
Ashendon growth rate 2% 17% 13%

Examine this figure carefully as the addition of a lot of new houses to meet demand could mean that house price of the houses for sale in Ashendon gradually reduces with an increase in the housing supply. This could be a good indicator to understand if your house will appreciate or not. Too many houses and too much supply could drive down the prices of homes or stagnate them. So be sure to check out what is exactly happening in Ashendon.

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 Ashendon. 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 Ashendon.

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 (Buckinghamshire), a regional level (East of England) and finally on the level of the city talked about in this article, Ashendon.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Ashendon 3.6% £1,411 no relevant data for this city 19.0%
Buckinghamshire 3.56% £1,345 122.24% 16.67%
East of England 3.49% £1,148 126.76% 16.58%

You may also find it useful to compare the data above to the number of properties sold per month Ashendon experiences. This figure for house sales per month is 21. 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.

Asking price in Ashendon for a house for sale

Table showing the asking prices for houses for sale in Ashendon

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £297,828
Average asking price (3 bed) £456,443
Average asking price (4 bed) £628,786
Average asking price (5 bed) no relevant data for this city

After looking at this table about prices of houses for sale in Ashendon, someone who is buying a home would be able to know in great detail what kind of house for sale available on the market best suits the amount of money they are looking to invest. Also, using a more general figure like the average asking price per square foot of a property which is £0 will help them to have a more wholistic understanding.

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 Ashendon is £476,878.

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 Ashendon is useful when negotiating and knowing what to expect for every type of house for sale.

In general, for the city of Ashendon, 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 Ashendon. In Ashendon, this sale price works out to be £371,574. As an example, a factor like population growth over the last 10 years which works out to be 9% in Ashendon and impacts house prices of the houses for sale.

Housing category Total final sale price
Average sold price (detached) £505,789
Average sold price (semi-detached) £336,493
Average sold price (terraced) £315,078
Average sold price (flat) £209,342

Above, the exact type of house is also shown to vary in price in a table in Ashendon. 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 £3,470
Average sold price/sqft (new build) £3,320
Average sold price/sqft (old stock) £3,510

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 Ashendon which is £3,470. 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.

Get professional help on the houses for sale in Ashendon

House for sale in the same UK region

See here below a list of cities in the same UK region of Ashendon which is East of England. You might want to consider these as alternatives for your next real estate investment:

Or, visit our dedicated page on the houses for sale data for the whole of the UK – houses for sale in the UK.

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 Ashendon

  • 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.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *