As a landlord, whenever you are looking at houses for sale in North Yorkshire, you could find varying prices throughout an area like Ainthorpe. In this article, this data will be simplified so you can find all of the data on one, convenient page.
So, from the rental yield of Ainthorpe to the success you may expect to get when submitting planning permission. Everything you need to know about house for sale in the UK and in Ainthorpe will be revealed. Keep reading.
In Ainthorpe, what is the asking price in general for a house for sale?
On average, in Ainthorpe, the asking price for a house for sale in the area is £327,138.
The below table puts this figure into perspective as you can see the various average sale prices of the different type of houses for sale in Ainthorpe. From a 1 bedroom house up to a 5 bedroom house.
As you can imagine, as the price goes up, the size of a room also goes up and in general, the larger a house is, the more you can expect the sale price to be as well.
The average asking price for the houses for sale in the city of Ainthorpe
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£242,724|
|Average asking price (3 bed)||£317,809|
|Average asking price (4 bed)||£481,748|
|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 Ainthorpe is £0. This should show you the general prices overall and for individual types of houses too.
In general, what do houses for sale sell for in Ainthorpe?
In Ainthorpe, houses for sale are sold at an average of £211,677. 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 Ainthorpe. 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)||£311,990|
|Aerage sold price (semi-detached)||£207,453|
|Aerage sold price (terraced)||£184,859|
|Aerage sold price (flat)||£145,061|
As you can see above, for Ainthorpe, 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 0% where lots of movement may inflate or deflate house prices.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£2,310|
|Aerage sold price/sqft (new build)||£2,280|
|Aerage sold price/sqft (old stock)||£2,160|
Looking at the second table about Ainthorpe, 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 Ainthorpe is £2,310.
What’s the rental yield in general for the city of Ainthorpe?
Are there new houses being built in Ainthorpe to make it grow?
The growth of an area like Ainthorpe can be a great indicator of a thriving city and the influx of new people can drive demand for housing and help appreciate the value of your house after you buy it.
Paying attention to the table below tells you how the number of houses has changed over time at one year, three year and five year intervals.
|1 year||3 years||5 years|
|Ainthorpe growth rate||4%||26%||35%|
Despite the number of houses being built rising, this may not indicate that the housing price of the houses for sale is going up. It could be the case that there are a lot of new builds in the area which are causing the supply of the houses for sale to match demand and this could cause a decline in house price as time goes on.
Make sure you do your own research specific to the city of Ainthorpe if you want to find out the exact reasons for the housing change.
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 Ainthorpe to North Yorkshire and the broader suburb of the UK; North East.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Ainthorpe||no relevant data for this city||no relevant data for this city||no relevant data for this city||12.0%|
Let’s assume you want to sell the house you’re looking to buy in Ainthorpe for profit in the future, in this case, looking at the data for the number of houses sold per month in Ainthorpe would give you an idea of whether the area is actively getting new investors. This figure is 13.
It is vital you be careful with this figure however as the data can suggest something that isn’t true in Ainthorpe. 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.
Are there any important statistics about the population of Ainthorpe?
How much do people in Ainthorpe earn?
While not always the case, the amount people earn can be associated with better schools in the area and perhaps a nicer environment to live in.
£33,300 is the average household income of the area. And the higher this figure is the more likely it is that there is a higher percentage of people with a social grade score in the A or B categories which is 16% for Ainthorpe.
How deprived is the population of Ainthorpe?
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Ainthorpe, currently, 25% people fall into this category.
Measuring this statistic against the nationwide average of 33% should give you a pretty good idea of where the city lies in the scale of poverty in the area.
How much green space is available to residents of Ainthorpe?
Providing the right amount of green space for people in the UK is a difficult subject because there are clear benefits for human health but at the same time, it is hard to make sure all areas of the UK can get enough greenery. This is a result of land being already in use in cities where most people live.
In Ainthorpe, 16.7 is the amount of acres of outdoor space there is for every 1000 people. Charities such as ‘Fields in Trust’ recommend there to be at least 6 acres. This should allow you to conclude whether this green space is sufficient for you if you are interested in buying in Ainthorpe.
In the city of Ainthorpe, the demographics are unique and must be looked at by themself to make a conclusion about the area before buying a house. This is because the growth could be greatly different to the wider area of North Yorkshire for example.
These demographics for Ainthorpe may impact the price of a house, how this house grows over time and the profitability of a house if you are buying it for an investment so knowing the area is crucial for a landlord making a purchasing decision in the city of Ainthorpe in North East.
What is a social grade score and how does this relate to Ainthorpe?
In the city of Ainthorpe and throughout the UK, the social grade score is assessed by observing what type of jobs people have and then grouping this into a grading system.
In general, the people at the top of the scale (the A category) have the highest paid, most skilled jobs and this is just 4% of the general UK population. On the lower end of the scale, people who are on benefits, state pensions and also manual workers all are grouped into this category that represents the most unskilled.
When trying to determine if the area of Ainthorpe has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 16%.
Below, you can see how this compares to the National average as the average for the top two categories nationwide is 27% (Adding together the A and B categories)
|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’s crime like in Ainthorpe?
For the city of Ainthorpe, crime rate is at 98. So for every 1000 people in the area, 98 commit a crime which is prosecuted. Paying close attention to this figure of crime rate is not only important for the value of a house but also to calculate the maintenance cost of owning a house and how attractive an area can be for future buyers.
So, compare it to the nationwide average of 79.52 per 1000 people and consider if you are happy with this figure based on the price you’re paying for a house you’re interested in.
On top of this, houses that are in areas where there is a high crime rate tend to have to pay higher insurance rates, costing a homeowner in the long term.
Additionally, paying for further security on a house such as CCTV or potentially gates and fences that deter thieves may be necessary for an area with a high crime rate.
What is the education level like in Ainthorpe?
In the city of Ainthorpe, 25% people have a degree from a university. The higher this proportion is, in general, the more likely it is that the population is able to buy a house.
Interestingly, as people who have degrees go up, the average income of the area goes up too. You can see if there is a correlation, the average household income in the UK is price34,000 and the average income in Ainthorpe is £33,300.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
What is the population of Ainthorpe?
In the UK in general and specifically in the region in question, large population sizes can be good indications that there are a lot of people in the area looking for houses for sale which can drive up demand and therefore impact the cost. You should also check to see if the population is growing in the area too to show an increasing demand, this is even better. Currently, the total population of Ainthorpe is 14,415.
Sometimes, smaller populations can have higher buyer demand than large populations on the other hand. This is because the price of houses and hence the demand for houses is based on a variety of variables.
The most important variable is the location of the houses for sale in the city of Ainthorpe.
In Ainthorpe, how has the population changed over the last five years?
In the last five years, over time, the change in population size was 1%. Looking at this figure can inform you of the buyer demand for the houses for sale in the area. Read more here
This may mean that the city has now started to slow down in terms of population growth or it may mean the city is also building a lot of houses which would indicate the supply of houses for sale will be matching the demand.
Making predictions about the future growth of Ainthorpe is hence important in making a decision if capital appreciation of your real estate investment is something you’re after as a landlord.
Comparing this figure for the 5 year growth (1%) as well as the ten year growth in the subheading below should allow you to make some accurate forecasts on the growth rate. Click here to know more on the UK population trends.
Ainthorpe population difference over 10 years?
The population has adjusted in the area of Ainthorpe by 0% in the most recent decade. This change is even more useful when compared alongside the figure for the five year growth of the area too.
This will tell you if the population is changing at the moment or if change is more recent. Through this a landlord can accurately look at the fluctuations in population size of the area over time and therefore better understand the trend of the houses for sale in Ainthorpe.
To make an example, the town of Salford which is a part of Manchester has seen a 10% increase in population. house price has therefore followed.