As a landlord, whenever you are looking at houses for sale in Buckinghamshire, you could find varying prices throughout an area like Aston Abbotts. In this article, this data will be simplified so you can find all of the data on one, convenient page.
So, from the rental yield of Aston Abbotts to the success you may expect to get when submitting planning permission. Everything you need to know about house for sale in the UK and in Aston Abbotts will be revealed. Keep reading.
On average, what is the figure for the asking price of a house for sale in Aston Abbotts?
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 Aston Abbotts 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 £556,026.
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 Aston Abbotts.
The average asking price for the houses for sale in the city of Aston Abbotts
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£348,047|
|Average asking price (3 bed)||£490,245|
|Average asking price (4 bed)||£669,382|
|Average asking price (5 bed)||£961,091|
Based on this table, hopefully, you will be able to tell what type of house for sale is the most suitable for your budget. You can also consider the average asking price per square foot (£4,470) for houses for sale with this table to get a good idea as to whether Aston Abbotts is the right area to buy a house in for you.
What kind of demographics does the city of Aston Abbotts have?
Are the people of Aston Abbotts 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 Aston Abbotts, 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.
Is there sufficient green space in Aston Abbotts?
In the city of Aston Abbotts, there are 26.9 acres of green space per 1000 residents.
The charity, ‘Fields in Trusts’ recommends a minimum of 6 acres of green space per 1000 people so it is easy to see where Aston Abbotts is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.
What’s the crime rate in Aston Abbotts?
For the city of Aston Abbotts, crime rate is at 61. So for every 1000 people in the area, 61 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.
What salary does the community in Aston Abbotts 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 (38%). 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 Aston Abbotts, this works out to be £57,600. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
In the city of Aston Abbotts, has the population grown or shrunk?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Aston Abbotts if 24,984 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 Aston Abbotts such as rental yield or house appreciation.
How has the population size of Aston Abbotts adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Aston Abbotts by 4%. 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 4% 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 Aston Abbotts?
In the last decade, the population of Aston Abbotts has been adjusted by 9%. 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 is a social grade score and how does this relate to Aston Abbotts?
In the city of Aston Abbotts 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 Aston Abbotts has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 38%.
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|
In Aston Abbotts, how educated are people in general?
In the city of Aston Abbotts, 29% 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 Aston Abbotts is £57,600. 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.
The city of Aston Abbotts, situated in Buckinghamshire, is a particularly impressive part of the UK because of the specific demographics of the location.
In the below headings, the city of Aston Abbotts 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 Aston Abbotts. So, taking a good look at the data is essential to understand the area you are considering to buy in.
What is the final sale price of a house in Aston Abbotts?
For the city of Aston Abbotts, the average price a house sells for is £453,969. This value usually depends on the exact location of the house within Aston Abbotts as well as other factors like the population growth in Aston Abbotts which is 9% over a ten-year period.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£577,395|
|Aerage sold price (semi-detached)||£395,121|
|Aerage sold price (terraced)||£342,592|
|Aerage sold price (flat)||£239,630|
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 Aston Abbotts.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£3,990|
|Aerage sold price/sqft (new build)||£3,720|
|Aerage sold price/sqft (old stock)||£4,100|
Generalising the bottom table, the average value per square foot of a house for sale is £4,230. This value averages all of the types of houses for sale in Aston Abbotts. 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 Aston Abbotts.
What’s the rental yield in general for the city of Aston Abbotts?
Is the housing market in Aston Abbotts growing?
Whenever you are thinking about looking for houses for sale in Aston Abbotts, 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|
|Aston Abbotts growth rate||5%||9%||17%|
As the population of Aston Abbotts 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.
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.
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 in to all the details of Aston Abbotts.
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 (Buckinghamshire) as well as the broader region; East of England.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Aston Abbotts||3.0%||£1,373||no relevant data for this city||10.0%|
|East of England||3.49%||£1,148||126.76%||16.58%|
Also, you can compare other data to the table above such as the number of houses sold per month in Aston Abbotts which is 24 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 Aston Abbotts is to invest in. Both in terms of rental yield and capital appreciation.