Sometimes, working out the prices of the houses for sale can be tricky business. This is why we created this article all about the price of houses for sale in Addlestone, Surrey.
From the average asking price of houses for sale in Addlestone, to the growth of the population in the area, all will be talked about regarding the city of Addlestone. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
A house for sale that is right for you
What parameters impact the final price of a house for sale in Addlestone?
Here below is our list with the most important ones:
House for sale affordability – check out the (see house affordability guide)
on the UK gov website to know more
House Location – the actual location of a house for sale drastically changes the final price of a property
Transports you can reach by foot – Commuting is part of our lives, especially in big cities, check it out before buying a house for sale.
Number of bedrooms – Usually, the bigger the house for sale the more bedrooms it will have. For example, if you are a single person (or a couple) one bedroom will do.
Energy Performance Certificate of the house for sale – Bad EPCs can result in thousands of pounds more in bills you will have to pay on an annual basis. Consider this when purchasing a new property.
Internet connection – Having a quick internet connection is fundamental nowadays. Check the area of the house for sale to understand what the average internet speed is and see if it fits your needs
Do you drive to the office? – If yes, ask about parking. Is it included in the house price?
Special areas – Start by taking a look at the National Heritage list by the UK government. If a house listed for sale appears in the list, the future landlord won’t be able to invest in changes to the real estate asset.
Houses for sale Conditions – When looking for houses for sale you should always consider the amount of time and money you will have to invest to complete the needed repairs, if any at all.
What is the final sale price of a house in Addlestone?
There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Addlestone. In Addlestone, this sale price works out to be £406,126. As an example, a factor like population growth over the last 10 years which works out to be 12% in Addlestone and impacts house prices of the houses for sale.
|Housing category||Total final sale price|
|Average sold price (detached)||£577,988|
|Average sold price (semi-detached)||£438,765|
|Average sold price (terraced)||£374,176|
|Average sold price (flat)||£262,103|
Above, the exact type of house is also shown to vary in price in a table in Addlestone. 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||£4,440|
|Average sold price/sqft (new build)||£4,550|
|Average sold price/sqft (old stock)||£4,390|
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 Addlestone which is £4,520. 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.
In Addlestone, what is the asking price in general for a house for sale?
In the city of Addlestone, what is the average asking price for the houses for sale?
|Average asking price (1 bed)||£226,187|
|Average asking price (2 bed)||£342,920|
|Average asking price (3 bed)||£529,981|
|Average asking price (4 bed)||£711,258|
|Average asking price (5 bed)||no relevant data for this city|
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 (£4,600) for houses for sale with this table to get a good idea as to whether Addlestone is the right area to buy a house in for you.
When speaking about the city of Addlestone, £459,967 is the asking price for a house for sale.
We have compiled a table of data so you can know the asking prices of the specific size of home you’re most interested in. As you can imagine, a family looking to move out with children in Addlestone would be after a larger house than someone living alone.
The data is in fact very different compared to the number of rooms you’re interested in having in your home and the asking price also tends to go up in staggering amounts as you add rooms.
Get professional help on the houses for sale in Addlestone
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
Thinking of a different city and perhaps a different location?
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 Addlestone:
- balmore in Greater London
- alves in Greater London
- bell-bar in Greater London
- notting-hill in Greater London
- barnoldswick in Greater London
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
Are there any important statistics about the population of Addlestone?
In general, do people commit a lot of crime in Addlestone?
In Addlestone, for every 1000 people, there is currently a crime rate of 10400%. This can be compared to the national average of 79.52 for every 1000 people.
Low crime rates are desirable for your safety as a homeowner. Even if you don’t tend to leave the house too often and tend to not mind living in a slightly more dangerous area. Things like burglaries are always a possibility which could harm your ability to pay for home insurance and also may force you to install additional security in your home that can cost you further.
Having said this, you can look at the crime rate on a deeper level to find out what the threats are exactly. It could be the case that a proportion of these crimes (10400% for every 1000 people) come from things like anti-social behaviour rather than more serious crimes like violence and sexual offences.
If this is the case you may be more willing to look over a high crime rate within the areas you’re looking to buy a home.
Addlestone in the county of Surrey 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 Addlestone 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 Addlestone, 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.
What is the city of Addlestone’s social grade score?
Most of the time, the social grade score of a city is what it takes to determine what the economic levels are like as this score refers to what type of jobs the people of the area generally work as. So, from highly skilled, managerial roles, to the manual labour workers of the UK, how does Addlestone compare?
At the highest end of the scale (A) jobs that are managerial administrative or professional are all lumped into this category. On the other hand, there is the lowest grade (E) where workers who are on benefits, state pensions or work casual jobs fall into.
In Addlestone, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 26%.
So you can compare this data, here is the estimated grouping of the social grades of the UK for the general population. Adding the two highest categories of A and B and comparing this percentage to the high social grade score which combines A and B should give you a good comparison.
|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|
What is the population of Addlestone?
Population growth in Addlestone 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 Addlestone, 27021 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 Addlestone 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 Addlestone, this change has been 6%. 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 6%. Click here to know more on the UK population trends.
Over the last decade, how has the population differed in Addlestone?
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 12% in Addlestone.
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.
What salary does the community in Addlestone take home?
You may be wondering what the amount people earn has to do with house price. Well, house prices generally go up as people earn more not just because they can afford more valuable properties but also because good areas generally attract more desirable infrastructure. For reference, the average household income is £57,100.00.
This may be better schools, doctors and areas with lower crime rates. This results in a snowball effect which polarises different areas further, increasing the demand for housing in richer areas by a greater amount. And increasing the proportion of people with high social grade scores. For Addlestone this figure is 26%.
Are the people of Addlestone 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 £0 for Addlestone should give you a nice idea of the deprivation in the area.
For the city of Addlestone, what is the education level?
In Addlestone, the proportion of people who have a degree is 27%. 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 Addlestone is £57,100.00.
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.
How much green space is available to residents of Addlestone?
In the city of Addlestone, there are 16 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 Addlestone is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.
How are rental yields of the houses for sale different to the rest of the UK in Addlestone?
Assuming you are not looking for a house for sale in a certain area because of private reasons such as being close to a family member or you have been relocated to a new office, these are some of the factors to consider in order to understand if an investment is worth your money.
Investors typically look at data such as the average rental yield, the average asking price of rent per month, rent turnover and sale turnover. These KPIs give property investors a solid idea of how the market is performing in that area.
For the city of Addlestone, the below table demonstrates this well. To make things simple, it compares these numbers to the wider region of the UK; Greater London. As well as Surrey, to give a smaller scale area to compare the data to.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
Assuming that in the future you want to re-sell the house you will eventually purchased in Addlestone you might be interested in the number of sales per month (19) that happen in the local housing market. Comparing this figure for Addlestone with the above table gives you a good understanding of the profitability of the area.
In Addlestone, how has the number of houses changed?
Before committing to Addlestone 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|
|Addlestone growth rate||1%||18%||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 Addlestone is building housing to find your answer.
FAQ (Frequently Asked Questions)
Do properties in Addlestone have the potential for renovation?
Properties in the city of Addlestone may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are 21 approvals every month with an approval of nan based on a population of 27021. Compare other places in the UK to make this figure make more sense.
What’s the number of property sales each month in Addlestone?
The city of Addlestone sees around 19 property transactions every month, while the nationwide figure for the whole of the United Kingdom stands at roughly 1.1 million property sales.
How does the population in a city like Addlestone change annually?
To assess the shifts in Addlestone’s population over time, analyse how the population has altered. Look at the ten year change of population of 12%, alongside the five-year change of 6%.
prices for houses on sale in the broader vicinity of Addlestone?
In Addlestone, the mean asking price per square foot for a house is currently £4,600, based on the average value per square foot
Would acquiring a house for sale in Addlestone be regarded as a high-priced option?
Determine whether a property is expensive by comparing a list of houses for sale to the prevailing average selling prices. In Addlestone, this figure stands at £406,126, while the UK average is £286,500.