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How much will you pay for a house for sale in Abbots Langley?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in Greater London $ How much will you pay for a house for sale in Abbots Langley?

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Abbots Langley 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 Abbots Langley.

On top of this, keep reading for detailed information on the demographics of Abbots Langley in Hertfordshire. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.

Asking price in Abbots Langley for a house for sale

Average price of houses for sale in Abbots Langley

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £366,559
Average asking price (3 bed) £552,933
Average asking price (4 bed) £831,250
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 Abbots Langley 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 Abbots Langley 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 £533,346.

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 Abbots Langley.

In Abbots Langley, what are the demographics like?

In the city of Abbots Langley, has the population grown or shrunk?

Population growth in Abbots Langley 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 Abbots Langley, 11491 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 Abbots Langley 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 Abbots Langley, 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 Abbots Langley?

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 Abbots Langley.

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.

In Abbots Langley, what are the deprivation levels like?

Deprivation of a city is defined as the number of people who are considered to not be earning enough to sustain their lifestyle. The UK average of deprivation nationwide is 33% so comparing the figure of £0 for Abbots Langley should give you a nice idea of the deprivation in the area.

In the city of Abbots Langley, is there a lot of green space?

Whether you view green space in Abbots Langley as important to you as a homeowner is up to your personal preferences. Having said this, there is a clear benefit on the overall health of people who live near green space as the government has stated keeping green space in proximity to people is one of the biggest factors for combating obesity.

In Abbots Langley, the number of acres of green space for every 1000 people currently is 30 which can be measured against the UK average of 1.7.

Abbots Langley in the county of Hertfordshire is notable for its specific demographics and has individual characteristics.

For localised cities and the bigger areas of the UK there are wide variations in the demographics that shape an area so the same is also true for the wider region Abbots Langley is located in; Greater London.

Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Abbots Langley, what the social grade score of the city is like and if the green space matches the recommended levels people living in the UK should have.

For the city of Abbots Langley, what is the education level?

In Abbots Langley, the proportion of people who have a degree is 31%. 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 Abbots Langley is £50,300.00.

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.

In Abbots Langley, what is the crime rate?

The crime rate of Abbots Langley 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 6500%, 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 (6500%) is both useful and is recommended to be compared to the average.

What is a social grade score and how does this relate to Abbots Langley?

In the city of Abbots Langley, the social grade score of the area is 29%. But what does this exactly mean? The figure refers to the proportion of people in the two highest categories of skilled jobs.

The categories are grouped from A to E shown in the table below. Overall, a high social grade score means there are more affluent people working in managerial and professional roles in the area.

This table shows the average breakdown of the UK in terms of where most people in the UK are working so you can compare it to the social grade score of Abbots Langley.

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

How much do people in Abbots Langley 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 Abbots Langley. Compare the area’s average household income of £50,300.00 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 29% for more conclusive data on the affluence of the area.

Finding the ideal house for sale for you

Find here below a list of criteria that we suggest you consider before looking for houses for sale in Abbots Langley

  • 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.

Get professional help on the houses for sale in Abbots Langley

Nowadays, there are so many properties on the real estate market that it can be difficult to decide which one is the best house for sale for you.
So, who can help you navigate the process of choosing a house for sale?
The number of professionals that offer real estate investors advice and assistance is broad and when it comes to dealing with houses for sale, the process can be complex.

Find here a list of those that can help when buying a house for sale:

  • Moneylender – lends you the sum of money you need to buy the house for sale you are looking for
  • Insurance agent – A firm that provides several insurances and protections for the house for sale that might become your future house
  • Solicitor – A person or company that will sort out the legal work needed before buying a house for sale
  • Civil engineer – Also called surveyor, he or she will provide you with an independent valuation of the house for sale you are willing to buy
  • Mortgage advisor – Realistically, you will need a mortgage in order to afford to buy a house for sale. Mortgage advisors will guide you and propose the best mortgage deals based on your financial records
  • EPC specialist – Especially nowadays, getting professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering buying is crucial

How are rental yields of the houses for sale different to the rest of the UK in Abbots Langley?

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 Abbots Langley. 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 Abbots Langley.

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 (Hertfordshire), a regional level (Greater London) and finally on the level of the city talked about in this article, Abbots Langley.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Abbots Langley no relevant data for this city no relevant data for this city no relevant data for this city £0
Hertfordshire 3.33% £1,381.63 133.74% 16.45%
Greater London 0.04 1,898.58 £1 13.30%

You may also find it useful to compare the data above to the number of properties sold per month Abbots Langley experiences. This figure for house sales per month is 6. 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.

Is the housing market in Abbots Langley growing?

Before committing to Abbots Langley 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
Abbots Langley growth rate 11% 25% 18%

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 Abbots Langley is building housing to find your answer.

What is the final sale price of a house in Abbots Langley?

In Abbots Langley, the average sale price of a house for sale is in fact £435,236. This is dependent on the 10 year population growth of Abbots Langley being 7%. Growing populations are more likely to inflate the prices of houses for sale in the city of Abbots Langley.

Housing category Total final sale price
Aerage sold price (detached) £704,473
Aerage sold price (semi-detached) £500,687
Aerage sold price (terraced) £386,441
Aerage sold price (flat) £255,875

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 Abbots Langley.

Housing category Sale price per square foot
Aerage sold price/sqft £5,000
Aerage sold price/sqft (new build) £4,550
Aerage sold price/sqft (old stock) £4,980

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 £5,000. This means if you are just looking out the houses sold in Abbots Langley in general and didn’t take into consideration the type of build. For example, a new build.

Thinking of a different city and perhaps a different location?

We have prepared a list of cities that are entirely dissimilar to the region of Greater London, perfect if you are looking for somewhere similar to Abbots Langley but want to relocate to a different region entirely. You should then be able to evaluate the different houses for sale listed in the region:

Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.

Frequently Asked Questions (FAQ)

Do properties in Abbots Langley have the potential for renovation?

Amidst the urban landscape of Abbots Langley, an intriguing figure for determining if a property can be renovated is the success of planning permission. The monthly total of planning applications in the area is 9 and on the other hand, there is a planning success rate of 92%. It is also useful to take into consideration the population size of the area (11491).

What’s the number of property sales each month in Abbots Langley?

6 property transactions are reported in Abbots Langley each month, alongside a broader picture of approximately 1.1 million property sales across the UK.

What’s the year-over-year population change in Abbots Langley or similar cities?

For a comprehensive analysis of Abbots Langley’s population trends, observe the population fluctuation over a decade, indicated by 7%, and the five-year alteration represented by 2%. Perhaps also look at data from another nearby city too so you can see a comparison.

How much are houses for sale priced at in the extended region of Abbots Langley?

The current average price per square foot for a house in Abbots Langley stands at £0, considering the mean cost for each square foot of houses for sale there.

Is a house for sale in Abbots Langley an expensive choice?

Ascertain the costliness of a property by examining a listed house for sale in relation to the prevailing average selling prices. In Abbots Langley, this stands at £435,236, whereas the UK’s mean is £286,500.

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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