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 East Ayton, North Yorkshire.
From the average asking price of houses for sale in East Ayton, to the growth of the population in the area, all will be talked about regarding the city of East Ayton. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
House for sale in a different UK region
If you are looking for similar places to buy a house that are just like East Ayton, examine this short list of cities below from outside of the region of North East for some inspiration.
- wellingborough in North East
- banwell in North East
- hornchurch in North East
- abergele in North East
- boston in North East
If none of these suit your interest, we suggest you visit our page with all of the relevant data concerning houses for sale in the UK, allowing you to buy the right property.
Or, consider buying a leasehold property instead which may be cheaper. However, you will also have to learn what will happen when a leasehold expires so you know how to deal with this side of the law.
Choose the right house for sale that suits your needs
Find here below a list of criteria that we suggest you consider before looking for houses for sale in East Ayton
affordability – the UK gov website comes in helpful when you want to understand (see what house for sale you can afford)
Geographic Location – the county and region across the UK you are considering to invest in are crucial factors to consider when browsing houses for sale.
Transport network of the house for sale – Hopefully, the pandemic stays in the past. Therefore, working from home may become less predominant than a couple of years ago. Check the commuting time of the house for sale you are considering buying.
Bedrooms in the house for sale – are you looking for houses for sale for yourself, for a couple or for the whole family? This condition will narrow down the number of houses for sale relevant to buy.
EPC of the house for sale – today more than ever, the energy performance of the properties for sale on the market should be one of the first things you check.
Broadband speed – having a good internet connection is crucial nowadays. Always check the available subscriptions available for the areas of the house for sale you want to purchase
Are you a car owner? – if yes, you will have to check for parking availability of the house for sale. Does it come with a garage included in the price?
Conservation areas – when browsing for houses for sale, we suggest you take a look at the National Heritage list. When a house for sale is included it means that it is not possible for the future homeowner to make changes to the property, both inside and outside.
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.
Professional advice for houses for sale in East Ayton
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.
Always consider average rental yield when searching for houses for sale in East Ayton
Is the housing market in East Ayton growing?
Whenever you are thinking about looking for houses for sale in East Ayton, 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|
|East Ayton growth rate||1%||15%||17%|
As the population of East Ayton 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.
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In East Ayton, 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 and how much you can charge for rent in your ast (assured tenancy shorthold).
What kind of demographics does the city of East Ayton have?
East Ayton in the county of North Yorkshire 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 East Ayton is located in; North East.
Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in East Ayton, 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 East Ayton’s 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 East Ayton, the percentage of people in the two highest categories, A and B is 15%. 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 £34,300.00. This income will generally get bigger as the percentage of people in the A and B categories go up too (15%).
How much do people in East Ayton earn?
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 East Ayton, the average income is £34,300.00. 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 15% to decide on what the demographics are like in the area.
What’s the crime rate in East Ayton?
In East Ayton, for every 1000 people, there is currently a crime rate of 12500%. 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 (12500% 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.
In the city of East Ayton, is there a lot of green space?
In the UK, there are a range of cities which have a lot of green space. In some cases, green space can get as high as 49% of outdoor land like in the city of Edinburgh. When specifically talking about East Ayton, the city has 13 per 1000 residents.
This can be compared to an average of 1.7 acres of green space per 1000 residents which is the UK’s national average. It is up to you to decide how much you’ll let the amount of green space impact your buying decision in East Ayton.
How educated are the people in East Ayton?
Interestingly, the percentage of people who have a degree in the city of East Ayton is 23%. Most of the time, the more people that have a degree, the higher the average household income and the more likely someone is to be able to afford to purchase a house. For example, the average income of the citizens in the area of East Ayton is £34,300.00.
Generally, areas with high numbers of people with a degree are also areas with more people likely to be home owners and therefore the value of houses and relative prices of the houses for sale are more likely to go up too.
Nonetheless, making predictions about the appreciation of a house also has to be considered alongside other factors like population growth and the rental yields of the area.
However, most of the time, being educated is a good indication of affluence with 82% of people graded a first in tertiary education going on to eventually own a house.
What is the population of East Ayton?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of East Ayton if 40744 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 East Ayton such as rental yield or house appreciation.
How has the population size of East Ayton adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of East Ayton by 1%. 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 1% 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 East Ayton?
In the last decade, the population of East Ayton has been adjusted by 0%. 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.
Are the deprivation levels of the UK any different to East Ayton?
The number of people who are deprived can have an impact on the perception of your house in the general marketplace. Additionally, if you are looking for a house to live in for the long term, you can start to picture what your neighbours and the people in your area live like financially.
If the proportion of deprivation of East Ayton is £0 and in general for the UK this figure is somewhere around 33%, you can see if this figure is something you are happy with as you search for a house to buy.
In East Ayton, what do houses for sale tend to sell for?
In East Ayton, the average sale price of a house for sale is in fact £156,709. This is dependent on the 10 year population growth of East Ayton being 0%. Growing populations are more likely to inflate the prices of houses for sale in the city of East Ayton.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£258,274|
|Aerage sold price (semi-detached)||£170,202|
|Aerage sold price (terraced)||£123,584|
|Aerage sold price (flat)||£116,044|
The list below is able to inform you of what these prices are. Giving you an accurate estimate of whether a landlord is likely to accept your offer based on the prices of the houses for sale in East Ayton.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£1,660|
|Aerage sold price/sqft (new build)||£1,880|
|Aerage sold price/sqft (old stock)||£1,590|
Evidently, certain types of houses for sale will have different types of demand and this will be reflected on the final price.
On average, the cost of a house for sale per square foot works out to be £1,660. This means if you are just looking out the houses sold in East Ayton in general and didn’t take into consideration the type of build. For example, a new build.
Asking price in East Ayton for a house for sale
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 East Ayton is £197,976.
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 East Ayton is useful when negotiating and knowing what to expect for every type of house for sale.
Table showing the asking prices for houses for sale in East Ayton
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£152,492|
|Average asking price (3 bed)||£211,065|
|Average asking price (4 bed)||£256,023|
|Average asking price (5 bed)||£310,000|
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 (£0) for houses for sale with this table to get a good idea as to whether East Ayton is the right area to buy a house in for you.
Do properties in East Ayton have the potential for renovation?
Amidst the urban landscape of East Ayton, an intriguing figure for determining if a property can be renovated is the success of planning permission. The monthly total of planning applications in the area is 6 and on the other hand, there is a planning success rate of 72%. It is also useful to take into consideration the population size of the area (40744).
In East Ayton, how many property sales per month are there?
East Ayton boasts a monthly total of 37 property transactions, while the entire UK witnesses approximately 1.1 million property sales. You can visit our pages that give information on houses for sale based on Rightmove data from the same region using the link
What is the population change each year in a city like East Ayton?
When evaluating the population trajectory of East Ayton, explore the decade-spanning population shift of 0% and the five-year modification of population of 1%. By drawing comparisons, see if demographic changes in your chosen area is
How much are houses for sale priced at in the extended region of East Ayton?
The average asking price of a house in East Ayton is currently £0 based on the average price per square foot.
Is a house for sale in East Ayton an expensive choice?
Calculate if a property is on the pricier side by matching a listed house for sale against the mean selling prices. In East Ayton, this value is £156,709, compared to the UK’s average of £286,500.