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A guide on houses for sale in Abridge

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in Greater London $ A guide on houses for sale in Abridge

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Abridge 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 Abridge.

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

What kind of demographics does the city of Abridge have?

In Abridge, what are the deprivation levels like?

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 Abridge, in particular, the deprivation levels are £0.

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

What is the education level like in Abridge?

The number of people as a percentage who have been through university and gained a degree is 18%. The ability to buy a home is greatly influenced by the number of people who have degrees. £46,400.00 is the amount people in Abridge 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 Abridge, 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 is a social grade score and how does this relate to Abridge?

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 Abridge in grades A or B which are the highest skilled roles in the country is 21%.

Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £46,400.00 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 21%.

What does the population of Abridge look like?

Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Abridge if 4290 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 Abridge such as rental yield or house appreciation.

How has the population size of Abridge adjusted in the last 5 years?

In the previous five years there has been a change in the number of people of Abridge by 3%. 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 3% 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 Abridge?

In the last decade, the population of Abridge has been adjusted by 7%. 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.

Are the people in Abridge earning a lot?

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 Abridge. Compare the area’s average household income of £46,400.00 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 21% for more conclusive data on the affluence of the area.

What’s the crime rate in Abridge?

The crime rate of Abridge 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 14800%, 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 (14800%) is both useful and is recommended to be compared to the average.

Abridge in the county of Essex 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 Abridge 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 Abridge, 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.

Is there sufficient green space in Abridge?

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 Abridge currently has 380 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 Abridge in this case.

Get professional help on the houses for sale in Abridge

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

Are you considering other cities with houses for sale?

You can consult our list below that goes over a list of cities not necessarily in Greater London, allowing you to find similar places to Abridge:

You may also refer to our webpage specific to UK houses for sale to get an overview of the large number of cities in the area, houses for sale in the UK

In Abridge, what is the asking price in general for a house for sale?

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 Abridge 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 £724,250.

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 Abridge.

Table showing the asking prices for houses for sale in Abridge

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) no relevant data for this city
Average asking price (3 bed) no relevant data for this city
Average asking price (4 bed) no relevant data for this city
Average asking price (5 bed) no relevant data for this city

Reading the table above should therefore give you a good idea of the type of house for sale that is within your budget in Abridge and if you may need to look at a different area in order to buy the type of house you can afford.

Also, noting the £0 should also give you an overview of what the asking price for houses for sale are in general.

In general, what do houses for sale sell for in Abridge?

In Abridge, houses for sale are sold at an average of £567,113. In general, multiple factors impact this figure because lots of variables impact properties valuation. This can include the quality of the buildings in general, whether the population has grown, if there is demand for housing or if there is a low crime rate which would make the area more desirable.

In the table below, you can see for yourself how the average price of a house for sale looks based on the different sizes of housing in Abridge. The exact amount of variation between the types of housing depends on the local demand for particular types of houses in the area.

Housing category Total final sale price
Aerage sold price (detached) £757,975
Aerage sold price (semi-detached) £499,550
Aerage sold price (terraced) £433,139
Aerage sold price (flat) £248,500

As you can see above, for Abridge, price varies based on the type of house that is being sold. If these prices shock you it could be due to population change in the last 10 years of 7% where lots of movement may inflate or deflate house prices.

Housing category Sale price per square foot
Aerage sold price/sqft £4,730
Aerage sold price/sqft (new build) £0
Aerage sold price/sqft (old stock) £4,740

Looking at the second table about Abridge, you are able to tell which type of housing is most affordable to you as a buyer. However, for a general overview of what house price is, the average price per square foot for a house in Abridge is £4,730.

What’s the rental yield in general for the city of Abridge?

Are there more or fewer houses being built in Abridge?

Before committing to Abridge 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
Abridge growth rate -10% 2% 12%

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 Abridge is building housing to find your answer.

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 Abridge. 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 Abridge.

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

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Abridge no relevant data for this city no relevant data for this city no relevant data for this city £0
Essex 3.51% £1,237.11 125.97% 17.61%
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 Abridge experiences. This figure for house sales per month is 2. 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.

Finding the ideal house for sale for you

Many criteria impact the price of houses for sale in Abridge.
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.

Frequently Asked Questions

If you are a landlord, should you renovate a property in the city of Abridge?

Properties in the city of Abridge may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are 8 approvals every month with an approval of nan based on a population of 4290. Compare other places in the UK to make this figure make more sense.

What is the monthly count of property transactions in Abridge?

Abridge boasts a monthly total of 2 property transactions, while the entire UK witnesses approximately 1.1 million property sales. You can visit our pages that give information on houses for sale based on Rightmove data from the same region using the link

How does the population in a city like Abridge change annually?

When evaluating the population trajectory of Abridge, explore the decade-spanning population shift of 7% and the five-year modification of population of 3%. By drawing comparisons, see if demographic changes in your chosen area is

What is the asking price for houses for sale in the wider region of Abridge?

The average cost per square foot for a house in Abridge is presently £0.

Is a house for sale in Abridge an expensive choice?

To assess the affordability of a property, locate a house for sale and contrast it with the mean selling prices. In Abridge, the value is £567,113, 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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