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Airedale – What to look for in houses for sale?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in the North East $ Airedale – What to look for in houses for sale?

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Airedale 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 West Yorkshire.
Before looking for a house for sale in the city of Airedale 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 Airedale.

houses for sale in other cities and regions in the UK

You can consult our list below that goes over a list of cities not necessarily in North East, allowing you to find similar places to Airedale:

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

Professional advice for houses for sale in Airedale

Choosing the perfect house for sale for you might be challenging in today’s market due to the abundance of available houses.
You may wonder who can guide you through the process of selecting a house that is for sale.
There are several experts that provide guidance and support to potential buyers and the procedure can be drawn out, particularly when dealing with houses for sale.

Here is a list of who to contact to get assistance when purchasing a house for sale:

  • Banks – The ones that can lend you the money you need for the house for sale
  • Insurance companies – Companies that give you access to various insurances specific to the house for sale you are considering to buy
  • Solicitor – The individual or business responsible for handling the legal tasks required to purchase a home that is for sale.
  • Civil engineer – Provides you with an appraisal of the house up for sale that you want to purchase.
  • Mortgage advisor – Professional advisors that will guide you and propose the best mortgage deals according to your finances
  • EPC specialist – Getting professional advice on the energy performance of the house for sale is crucial, especially nowadays.

Finding the ideal house for sale for you

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

Asking price in Airedale 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 Airedale 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 £203,958.

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 Airedale.

Table showing the asking prices for houses for sale in Airedale

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £134,800
Average asking price (3 bed) £196,860
Average asking price (4 bed) £295,684
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 Airedale is £0. This should show you the general prices overall and for individual types of houses too.

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

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 Airedale, the below table demonstrates this well. To make things simple, it compares these numbers to the wider region of the UK; North East. As well as West Yorkshire, to give a smaller scale area to compare the data to.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Airedale £0 £741 £1 £0
West Yorkshire 4.55% £778.32 125.25% 21.88%
North East 0.05 757.25 £1 19.25%

Assuming that in the future you want to re-sell the house you will eventually purchased in Airedale you might be interested in the number of sales per month (40) that happen in the local housing market. Comparing this figure for Airedale with the above table gives you a good understanding of the profitability of the area.

Are there more or fewer houses being built in Airedale?

The growth of an area like Airedale 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
Airedale growth rate -1% -2% 11%

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 Airedale if you want to find out the exact reasons for the housing change.

What are the people like in Airedale?

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

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 Airedale, the percentage of people in the two highest categories, A and B is 10%. 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 £35,500.00. This income will generally get bigger as the percentage of people in the A and B categories go up too (10%).

How deprived is the population of Airedale?

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Airedale, currently, £0 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.

The city of Airedale, situated in West Yorkshire, is a particularly impressive part of the UK because of the specific demographics of the location.

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

Do the people of Airedale get to enjoy green space?

In the city of Airedale, there are 9 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 Airedale is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.

What does the population of Airedale 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 Airedale if 45253 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 Airedale such as rental yield or house appreciation.

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

In the previous five years there has been a change in the number of people of Airedale by 5%. 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 5% 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 Airedale?

In the last decade, the population of Airedale has been adjusted by 8%. 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.

What’s crime like in Airedale?

Within Airedale, the number of people committing crimes is 18100% per 1000 people. This figure directly relates to the safety of residents in the area which is one of the biggest factors in whether an area is considered desirable or not.

As a result, someone looking to buy a house here hoping for it to appreciate in value or buying a house here to produce rental income should check out the crime rate and compare it carefully to the UK average of 79.52 for every 1000 people to see how safe people living there will be.

If the area’s crime rate is too high, this may result in you having to pay for the renovation of burglaries or pay a premium on home insurance as insurance companies will charge you more for living in a dangerous area. So analyse this 18100% figure carefully.

In Airedale, how educated are people in general?

In the city of Airedale, 13% 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 Airedale is £35,500.00.

This should correspond with the average percentage of people in the UK who have degrees at 22.6%.

How much are those living in Airedale earning?

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 £35,500.00.

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 Airedale this figure is 10%.

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

As well as looking at the asking price for house for sale in Airedale, 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 Airedale.

Houses for sale, are sold on average in Airedale, after the influence of these factors, at £154,115 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 8% over the last 10 years.

Housing category Total final sale price
Aerage sold price (detached) £229,742
Aerage sold price (semi-detached) £148,823
Aerage sold price (terraced) £115,703
Aerage sold price (flat) £88,792

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

Housing category Sale price per square foot
Aerage sold price/sqft £1,720
Aerage sold price/sqft (new build) £1,910
Aerage sold price/sqft (old stock) £1,540

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 Airedale is £1,720.

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

FAQ

Are there opportunities for property renovation in Airedale?

Properties in the city of Airedale may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are 10 approvals every month with an approval of nan based on a population of 45253. Compare other places in the UK to make this figure make more sense.

How many property sales occur per month in Airedale?

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

What is the population change each year in a city like Airedale?

To assess the shifts in Airedale’s population over time, analyse how the population has altered. Look at the ten year change of population of 8%, alongside the five-year change of 5%.

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

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

Would acquiring a house for sale in Airedale be regarded as a high-priced option?

To assess the affordability of a property, locate a house for sale and contrast it with the mean selling prices. In Airedale, the value is £154,115, whereas the UK’s mean is £286,500

Find an estate agent in the city of Airedale

In order to buy a house in Airedale you might need the service of an estate agent. To simplify the pain of looking for the nearest agent we have built a list of estate agents in your area, taking you straight to their website

Name of the Agent Phone Number Address Email Address
Park Row Properties 441977308789 16 Bank Street, Castleford, WF10 1HZ Phone number only
Castle Dwellings 441977308897 22 Bank Street, Castleford, WF10 1JD Phone number only
Richard Kendall 441977308740 46 Carlton Street, Castleford, WF10 1BA Phone number only
WDH 441977727012 MEREFIELD HOUSE Mick Walsh (mwalsh@wdh.co.uk)
Park Row Properties 441977308789 16 Bank Street, Castleford, WF10 1HZ Phone number only

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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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