What is it like buying a house in Abridge?

Abridge might be an interesting area to invest in when looking for a house for sale in the UK as it is a unique area in the county of Essex.
Before looking for a house for sale in the city of Abridge we strongly suggest landlords and real estate investors to research in detail and consider all involved factors. Indeed, house prices can change quite a bit depending on the square foot of the property, the number of rooms, the economic climate, the location of the house and more.

In this data heavy article the reader will be able to find out more on the topic and see the specific data to consider when evaluating different houses for sale in Abridge.

Always consider average rental yield when searching for houses for sale in Abridge

In Abridge, how has the number of houses changed?

Before making an investment and move forward with buying a house for sale, another important set of data an investor should analyse is the growth trends of the area in question.

Below are the forecasted growth rates for the city of Abridge at 1 year, 3 year and 5 year intervals:

	1 year	3 years	5 years
Abridge growth rate	-10%	2%	12%

Examine this figure carefully as the addition of a lot of new houses to meet demand could mean that house price of the houses for sale in Abridge gradually reduces with an increase in the housing supply. This could be a good indicator to understand if your house will appreciate or not. Too many houses and too much supply could drive down the prices of homes or stagnate them. So be sure to check out what is exactly happening in Abridge.

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 Abridge this statistic is what you were looking for.

Data should also be compared to the broader region of the UK (Greater London) alongside Essex 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 Abridge.

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)
Abridge	no relevant data for this city	no relevant data for this city	no relevant data for this city	4.0%
Essex	3.51%	£1,237	125.97%	17.61%
Greater London	3.88%	£1,899	129.14%	13.30%

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 Abridge.

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 (2) will be useful.

Asking price in Abridge for a house for sale

The average asking price for the houses for sale in the city of 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

The tables should give you a generic view of what the prices of the houses for sale are like. To close things off in terms of the house asking price, the average asking price for the house for sale in the whole of Abridge is £0. This should show you the general prices overall and for individual types of houses too.

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 Abridge is £724,250.

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 Abridge is useful when negotiating and knowing what to expect for every type of house for sale.

In general, for the city of Abridge, what are the final purchase prices for the houses for sale?

As well as looking at the asking price for house for sale in Abridge, a sensible homeowner or investor will also consider the final price a house sells for. This final price may be influenced by elements like the amount people are earning in the area and what opportunities for employment there are in Abridge.

Houses for sale, are sold on average in Abridge, after the influence of these factors, at £567,113 as a result. And may be on the rise or decline depending on a combination of variables such as the crime rate, or population growth which was 7% over the last 10 years.

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

This table above shows the average sale price for each variation of houses for sale in Abridge.

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

This final table looks at the price per square foot of houses for sale. Looking at the final table, you can take a further average and conclude that the average price per square foot of houses in general in Abridge is £4,730.

This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.

What kind of demographics does the city of Abridge have?

In the city of Abridge, has the population grown or shrunk?

In total, the number of people in Abridge is 4,290. 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 Abridge, depending on where exactly you are.

How has Abridge 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 Abridge has changed by 3%. 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 3% 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 Abridge?

7% 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 Abridge 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.

The city of Abridge, situated in Essex, is a particularly impressive part of the UK because of the specific demographics of the location.

In the below headings, the city of Abridge and its demographics will be compared to its wider location (Greater London). 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 Abridge. So, taking a good look at the data is essential to understand the area you are considering to buy in.

What salary does the community in Abridge take home?

By and large, a higher household income in a population can have positive effects on the crime rate and the quality of space. This is due to the fact that higher earners tend to buy houses where there are better schools and more desirable amenities that impact the quality of life someone has.

In Abridge, the average income is £46,400. Measuring this figure against the average household income for the UK of price34,000 should tell you if the city is higher or lower earning.

When buying a house, use this statistic with other factors when making a decision too like the crime rate or the social grade score of 21% to decide on what the demographics are like in the area.

Is the city of Abridge deprived?

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 26% for Abridge should give you a nice idea of the deprivation in the area.

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

In the city of Abridge, there are 379.7 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 Abridge is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.

In Abridge, what is the social grade score?

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 Abridge, the percentage of people in the two highest categories, A and B is 21%. 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 £46,400. This income will generally get bigger as the percentage of people in the A and B categories go up too (21%).

For the city of Abridge, what is the education level?

In Abridge, the proportion of people who have a degree is 18%. 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 Abridge is £46,400.

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.

Is the crime rate bad in the city of Abridge?

For every one thousand people living in Abridge, 148 commits crimes and are prosecuted. Coming to a conclusion as to whether all the other factors of your house purchase like the house price justify this figure when contrasting it with the UK average of 79.52 is something you should do as a homeowner.

It could be that the crime rate is higher than you expected but there it is worth the population growth, appreciation of the house and worth the relative price you are purchasing the house for.

Nonetheless, the crime rate of 148 is not a statistic that should just be ignored as you could have to pay more for things like home insurance and install additional security on your house if the rate is particularly high.

Either way, burglaries are not something you would want to encounter in a house. Whether that be a house you are living in or a house you are renting out to tenants.

Advice from experts on properties for sale in Abridge

Other cities you can consider looking for with houses for sale

See here below a list of cities in the same UK region of Abridge which is Greater London. You might want to consider these as alternatives for your next real estate investment:

• Teddington in Greater London
• North-Woolwich in Greater London
• Bickley in Greater London
• Fetcham in Greater London
• Broadley-Common in Greater London

Or, visit our dedicated page on the houses for sale data for the whole of the UK – houses for sale in the UK.

In today’s market with an abundance of homes available for sale, choosing the best house for sale can be challenging.
With several houses for sale to choose from, who will guide you through the process of choosing?
We have listed here below several experts and companies able to advise and support potential buyers.

The process of finding and investing in a house for sale can be lengthy and time-consuming, this is why we suggest you consult with the following professionals:

• Banks – Lend you the cash
• Insurance companies – Insure your new real estate investment
• Conveyancer – handles all the legal labour that is needed to proceed in buying a house for sale.
• Surveyor – Carries out an independent and complete property valuation of the house for sale
• Mortgage advisor – If you are thinking to get a mortgage to get the finances needed to afford to buy a house for sale, a mortgage advisor is the person you should be looking for
• EPC person – Always get a quote on the Energy Performance Certificate of the houses for sale listed in a certain city

Choose the right house for sale that suits your needs

When browsing houses for sale in Abridge you should think about lots of different criteria:

• House for sale affordability – visit the dedicated page of the UK government to understand (see what you can afford)

• Location of the house for sale – the region and town you are considering to live in are crucial factors to consider before looking for houses for sale. In this article, we define lots of demographic factors that should help you make a decision.

• House for sale transport links – even if working from home is becoming more and more predominant, we suggest you check the transport links the house for sale has.

• Number of bedrooms in the house for sale – are you looking for houses for sale for the whole family or are you single? Always think about how many bedrooms you need and if that number might change in the future

• energy performance of the house for sale – What is the EPC of the house for sale? Today more than ever, is important that you check the EPC rating of the real estate assets available for sale on the market.

• Internet speed in the area of the house for sale – is important to remember that internet speed is a consequence of two factors: your plan and the infrastructure available in the area. Always check these parameters before looking for houses for sale

• Does the house for sale have parking – if yes, is it on-street or is the house for sale equipped with a garage?

• Houses for sale in conservation areas – always check the National Heritage list. If a house for sale is part of this list it means that it might be impossible for you to make changes to the property’s internal and external structure.

• 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.