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 Ashley Green, Buckinghamshire.
From the average asking price of houses for sale in Ashley Green to the growth of the population in the area, all will be talked about regarding the city of Ashley Green. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
In Ashley Green, what are the demographics like?
Ashley Green 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, Ashley Green 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 Ashley Green.
In the city of Ashley Green, is there a lot of 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 Ashley Green currently has 13.1 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 Ashley Green in this case.
How much do people in Ashley Green earn?
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 (31%). 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 Ashley Green, this works out to be £52,400. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
In the city of Ashley Green, has the population grown or shrunk?
In total, the number of people in Ashley Green is 25,277. 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 Ashley Green, depending on where exactly you are.
How has Ashley Green 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 Ashley Green has changed by 4%. 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 4% 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 Ashley Green?
9% 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 Ashley Green 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.
What is the city of Ashley Green’s social grade score?
In the city of Ashley Green and throughout the UK, the social grade score is assessed by observing what type of jobs people have and then grouping this into a grading system.
In general, the people at the top of the scale (the A category) have the highest paid, most skilled jobs and this is just 4% of the general UK population. On the lower end of the scale, people who are on benefits, state pensions and also manual workers all are grouped into this category that represents the most unskilled.
When trying to determine if the area of Ashley Green has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 31%.
Below, you can see how this compares to the National average as the average for the top two categories nationwide is 27% (Adding together the A and B categories)
|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|
Are the people of Ashley Green deprived?
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 Ashley Green is 18%.
In Ashley Green, how educated are people in general?
The number of people as a percentage who have been through university and gained a degree is 33%. The ability to buy a home is greatly influenced by the number of people who have degrees. £52,400 is the amount people in Ashley Green 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 Ashley Green, 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.
What’s the crime rate in Ashley Green?
In Ashley Green, for every 1000 people, there is currently a crime rate of 77. This can be compared to the national average of 79.52 for every 1000 people.
Low crime rates are desirable for your safety as a homeowner. Even if you don’t tend to leave the house too often and tend to not mind living in a slightly more dangerous area. Things like burglaries are always a possibility which could harm your ability to pay for home insurance and also may force you to install additional security in your home that can cost you further.
Having said this, you can look at the crime rate on a deeper level to find out what the threats are exactly. It could be the case that a proportion of these crimes (77 for every 1000 people) come from things like anti-social behaviour rather than more serious crimes like violence and sexual offences.
If this is the case you may be more willing to look over a high crime rate within the areas you’re looking to buy a home.
What is the asking price on average of houses for sale in Ashley Green?
Table showing the asking prices for houses for sale in Ashley Green
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£345,777|
|Average asking price (3 bed)||£499,120|
|Average asking price (4 bed)||£755,965|
|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 Ashley Green has a lack of supply of housing in certain categories.
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 Ashley Green 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 £496,057.
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 Ashley Green.
In Ashley Green, what do houses for sale tend to sell for?
For the city of Ashley Green, the average price a house sells for is £415,715. This value usually depends on the exact location of the house within Ashley Green as well as other factors like the population growth in Ashley Green which is 9% over a ten-year period.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£709,271|
|Aerage sold price (semi-detached)||£441,451|
|Aerage sold price (terraced)||£358,562|
|Aerage sold price (flat)||£243,006|
The above table puts this figure into perspective as you can see the various average sale prices of a house for the specific type of house you’re most interested in. This comparison is important because the type of house you’re considering to buy may be more or less in demand based on variations in supply and demand in the city of Ashley Green.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£4,420|
|Aerage sold price/sqft (new build)||£5,150|
|Aerage sold price/sqft (old stock)||£4,360|
Generalising the bottom table, the average value per square foot of a house for sale is £4,420. This value averages all of the types of houses for sale in Ashley Green. So, if you’re not sure what type of house you want specifically, you can still get an idea of the real estate market of Ashley Green.
How are rental yields of the houses for sale different to the rest of the UK in Ashley Green?
Is the housing market in Ashley Green growing?
The growth of an area like Ashley Green 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|
|Ashley Green growth rate||4%||18%||18%|
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 Ashley Green if you want to find out the exact reasons for the housing change.
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 Ashley Green this statistic is what you were looking for.
Data should also be compared to the broader region of the UK (East of England) alongside Buckinghamshire 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 Ashley Green.
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||3.49%||£1,148||126.76%||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 Ashley Green.
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 (18) will be useful.