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 Appleton Wiske, North Yorkshire.
From the average asking price of houses for sale in Appleton Wiske to the growth of the population in the area, all will be talked about regarding the city of Appleton Wiske. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
In Appleton Wiske, what do houses for sale tend to sell for?
For the city of Appleton Wiske, the average price a house sells for is £225,712. This value usually depends on the exact location of the house within Appleton Wiske as well as other factors like the population growth in Appleton Wiske which is 3% over a ten-year period.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£311,269|
|Aerage sold price (semi-detached)||£183,145|
|Aerage sold price (terraced)||£158,127|
|Aerage sold price (flat)||£100,938|
The above table puts this figure into perspective as you can see the various average sale prices of a house for the specific type of house you’re most interested in. This comparison is important because the type of house you’re considering to buy may be more or less in demand based on variations in supply and demand in the city of Appleton Wiske.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£2,290|
|Aerage sold price/sqft (new build)||£2,430|
|Aerage sold price/sqft (old stock)||£2,140|
Generalising the bottom table, the average value per square foot of a house for sale is £2,290. This value averages all of the types of houses for sale in Appleton Wiske. So, if you’re not sure what type of house you want specifically, you can still get an idea of the real estate market of Appleton Wiske.
In Appleton Wiske, what is the asking price in general for a house for sale?
Average price of houses for sale in Appleton Wiske
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£198,893|
|Average asking price (3 bed)||£243,233|
|Average asking price (4 bed)||£478,000|
|Average asking price (5 bed)||no relevant data for this city|
The above table is perfect for understanding the distribution of properties in the area as well as looking at this data alongside the average asking price per square foot of £0. Telling you what type of house is most in demand relative to the price of the area.
This could be due to more people looking at particular types of houses for sale over others or even due to the fact that Appleton Wiske has a lack of supply of housing in certain categories.
When investors make offers for houses for sale in Appleton Wiske, the average price asked by the homeowners works out to be £279,231.
In the table below, for all the different sizes of houses in the area, the average asking prices have been displayed. This tells you what kind of house is more or less expensive and sought after despite houses with fewer bedrooms being overall less expensive anyway.
Any house that looks like it is overpriced for the number of bedrooms it has in Appleton Wiske is typically not overpriced. It is just the case that that type of housing has a higher demand, therefore, people are willing to pay more.
Why you should consider the average rental yield when searching for houses for sale in Appleton Wiske
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 Appleton Wiske this statistic is what you were looking for.
Data should also be compared to the broader region of the UK (North East) alongside North Yorkshire 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 Appleton Wiske.
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)|
|Appleton Wiske||no relevant data for this city||no relevant data for this city||no relevant data for this city||12.0%|
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 Appleton Wiske.
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 (9) will be useful.
Are there new houses being built in Appleton Wiske to make it grow?
Whenever you are thinking about looking for houses for sale in Appleton Wiske, think about how the city is growing and how this may impact the overall growth of the area.
Comparing the growth at different time periods would be a great way to assess whether the growth has slowed down, remained the same or perhaps stagnated over the years.
|1 year||3 years||5 years|
|Appleton Wiske growth rate||-12%||-1%||12%|
As the population of Appleton Wiske grows, this may also push up the price of the houses for sale. More people would be looking to buy homes and permanently live in the area. This demand helps a home appreciate. However, this isn’t always true because some cities build a lot of houses too to match the supply.
Are there any important statistics about the population of Appleton Wiske?
In Appleton Wiske, how educated are people in general?
In Appleton Wiske, the proportion of people who have a degree is 29%. 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 Appleton Wiske is £41,400.
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.
Located in North Yorkshire is the city of Appleton Wiske, in a large part of the UK; North East. Before you look for houses for sale in this area, it is a reasonable question to ask what the people who live there are like.
Below, the population of Appleton Wiske has been dissected in terms of if the population is educated, what the crime rates are like and much more. All important factors to consider before making a house purchase among the offer of the houses for sale.
The knowledge below is based on a lot of different variables relevant to the city of Appleton Wiske which impacts the profitability of making an investment here or how desirable buying a house to live in is if you want to live on a permanent basis.
How much do people in Appleton Wiske earn?
As earning potential goes up in a city, so does the quality of schools in the area, the general infrastructure and the social grade score (22%). All in all, the area becomes a more desirable place to live in.
This is why it is vital to pay attention to how much people are making annually in any city you plan on making a house purchase in. In Appleton Wiske, this works out to be £41,400. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
What’s the crime rate in Appleton Wiske?
In Appleton Wiske, for every 1000 people, there is currently a crime rate of 123. 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 (123 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.
What is the population of Appleton Wiske?
In total, the number of people in Appleton Wiske is 15,488. 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 Appleton Wiske, depending on where exactly you are.
How has Appleton Wiske 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 Appleton Wiske has changed by 2%. 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 2% 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 Appleton Wiske?
3% 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 Appleton Wiske 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.
What’s a social grade score and how does it relate to Appleton Wiske?
In the city of Appleton Wiske 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 Appleton Wiske has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 22%.
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|
Are the deprivation levels of the UK any different to Appleton Wiske?
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 Appleton Wiske, in particular, the deprivation levels are 20%.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
Is there sufficient green space in Appleton Wiske?
Whether you view green space in Appleton Wiske as important to you as a homeowner is up to your personal preferences. Having said this, there is a clear benefit on the overall health of people who live near green space as the government has stated keeping green space in proximity to people is one of the biggest factors for combating obesity.
In Appleton Wiske, the number of acres of green space for every 1000 people currently is 5.6 which can be measured against the UK average of 1.7.
Advice from experts on properties for sale in Appleton Wiske
Other cities you can consider looking for with houses for sale
You can assess the various houses for sale offered in the area by consulting this list of cities in North East, the same UK region as Appleton Wiske:
- Ackton in North East
- Bishop-Middleham in North East
- Backworth in North East
- Badsworth in North East
- Black-Callerton in North East
You may also refer to our landing page specific to UK houses for sale, houses for sale in the UK
Choose the right house for sale that suits your needs
Many criteria impact the price of houses for sale in Appleton Wiske.
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.
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