Aston Sandford can be a tough place to find accurate information like any city in the UK. Read on to learn about which data to stay on top of when looking at house for sale in Aston Sandford.
On top of this, keep reading for detailed information on the demographics of Aston Sandford in Buckinghamshire. This is crucial in finding out if the area is worth for looking at houses for sale in the UK for an investment over the long term too.
What are the demographics like in the city of Aston Sandford?
Have the people of Aston Sandford grown in numbers?
The city of Aston Sandford has a total population of 9,643. 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 Aston Sandford 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 Aston Sandford
Over time, in the last five years, the population of the city of Aston Sandford 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 Aston Sandford?
In the last 10 years, there has been a shift in the population of 9%.
Comparing this to the 5 year figure of Aston Sandford 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.
Aston Sandford 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, Aston Sandford 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 Aston Sandford.
How much do people in Aston Sandford 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 (41%). 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 Sandford, this works out to be £59,300. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
What is the education level like in Aston Sandford?
In Aston Sandford, the proportion of people who have a degree is 29%. Generally speaking, as the number of people with degrees increases, the more people are able to afford houses to buy as a degree is a good indicator of a higher income. To put this into perspective, the average income of Aston Sandford is £59,300.
This figure for average household income usually goes up alongside the percentage of people who have degrees.
However, this is not a hard and fast rule, there are many factors influencing the buying power of a population and hence the appreciation of housing and the number of houses for sale in the area. This can include the rental yields of the area and other demographic statistics like crime rate.
Nonetheless, it cannot be argued that those with degrees tend to live in more affluent areas as 82% of people who achieve a first in degree level education are owners of the place they live.
What’s the crime rate in Aston Sandford?
The crime rate of Aston Sandford 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 36, 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 (36) is both useful and is recommended to be compared to the average.
Is there sufficient green space in Aston Sandford?
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 Aston Sandford currently has 25.2 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 Aston Sandford in this case.
What is a social grade score and how does this relate to Aston Sandford?
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 Aston Sandford, the percentage of people in the two highest categories, A and B is 41%. 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 £59,300. This income will generally get bigger as the percentage of people in the A and B categories go up too (41%).
Are the people of Aston Sandford 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 Aston Sandford is 21% 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.
How are rental yields of the houses for sale different to the rest of the UK in Aston Sandford?
Is the housing market in Aston Sandford growing?
Before committing to Aston Sandford 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|
|Aston Sandford growth rate||19%||17%||22%|
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 Aston Sandford is building housing to find your answer.
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 Aston Sandford to Buckinghamshire and the broader suburb of the UK; East of England.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Aston Sandford||2.7%||£1,350||no relevant data for this city||13.0%|
|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 Aston Sandford for profit in the future, in this case, looking at the data for the number of houses sold per month in Aston Sandford would give you an idea of whether the area is actively getting new investors. This figure is 8.
It is vital you be careful with this figure however as the data can suggest something that isn’t true in Aston Sandford. 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.
Asking price in Aston Sandford for a house for sale
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 Aston Sandford is £604,990.
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 Aston Sandford is useful when negotiating and knowing what to expect for every type of house for sale.
Average asking prices for houses for sale in Aston Sandford
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£398,934|
|Average asking price (3 bed)||£534,500|
|Average asking price (4 bed)||£761,997|
|Average asking price (5 bed)||no relevant data for this city|
After looking at this table about prices of houses for sale in Aston Sandford, 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 £5,050 will help them to have a more wholistic understanding.
In general, for the city of Aston Sandford, 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 Aston Sandford. In Aston Sandford, this sale price works out to be £494,080. As an example, a factor like population growth over the last 10 years which works out to be 9% in Aston Sandford and impacts house prices of the houses for sale.
|Housing category||Total final sale price|
|Average sold price (detached)||£600,100|
|Average sold price (semi-detached)||£430,143|
|Average sold price (terraced)||£349,601|
|Average sold price (flat)||£200,894|
Above, the exact type of house is also shown to vary in price in a table in Aston Sandford. 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||£4,070|
|Average sold price/sqft (new build)||£4,120|
|Average sold price/sqft (old stock)||£4,070|
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 Aston Sandford which is £4,560. 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.
Invest in houses for sale in Aston Sandford with the right professional advice
Other cities you can consider looking for with houses for sale
See here below a list of cities in the same UK region of Aston Sandford which is East of England. You might want to consider these as alternatives for your next real estate investment:
- Reydon in East of England
- Felixstowe in East of England
- Beachamwell in East of England
- Beaconsfield in East of England
- Clenchwarton in East of England
Or, visit our dedicated page on the houses for sale data for the whole of the UK – houses for sale in the UK.
Finding the ideal house for sale for you
Many criteria impact the price of houses for sale in Aston Sandford.
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.
Who should you talk to while going through the process of making an offer on a house for sale?
Several experts specialise in giving advice to property investors or to first time potential buyers.
Since the process of finding the right house for sale can take months, you have all the time to consult with the experts you might need.
Find here a list of those you should contact to get professional guidance and assistance when purchasing a house for sale:
- Lender – This practitioner can lend you money to finalise a house purchase
- Insurer – Insuring companies will provide you with the insurance policy you need to protect the house for sale you want to buy
- Legal representative – This professional is usually there to handle all the legal tasks associated with purchasing a home for sale.
- Surveyor – Carries out and independent valuation on the house for sale based on its conditions. It is very useful to understand the correct price before making an offer
- Mortgage specialist – Mortgage advisors works on commissions. They will get a cut from the bank and will guide you with offering the best deals given your financial situation
- Energy assessor – We strongly suggest you to invest in a professional assessment of the Energy Performance of the house for sale you want to purchase