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 Helmsley, North Yorkshire.
From the average asking price of houses for sale in Helmsley to the growth of the population in the area, all will be talked about regarding the city of Helmsley. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
In Helmsley, what is the asking price in general for a house for sale?
When speaking about the city of Helmsley, £422,273 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 would be after a larger house than someone living alone in Helmsley.
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.
The average asking price for the houses for sale in the city of Helmsley
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£292,904|
|Average asking price (3 bed)||£373,044|
|Average asking price (4 bed)||£556,333|
|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 (£0) for houses for sale with this table to get a good idea as to whether Helmsley is the right area to buy a house in for you.
In general, what do houses for sale sell for in Helmsley?
As well as looking at the asking price for house for sale in Helmsley, 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 Helmsley.
Houses for sale, are sold on average in Helmsley, after the influence of these factors, at £295,936 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 7% over the last 10 years.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£372,805|
|Aerage sold price (semi-detached)||£231,387|
|Aerage sold price (terraced)||£226,192|
|Aerage sold price (flat)||£143,318|
This table above shows the average sale price for each variation of houses for sale in Helmsley.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£2,670|
|Aerage sold price/sqft (new build)||£2,870|
|Aerage sold price/sqft (old stock)||£2,520|
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 Helmsley is £2,670.
This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.
How are rental yields of the houses for sale different to the rest of the UK in Helmsley?
Are there more or fewer houses being built in Helmsley?
Whenever you are thinking about looking for houses for sale in Helmsley, 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|
|Helmsley growth rate||17%||23%||35%|
As the population of Helmsley 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.
The figure of rental yield is commonly looked at by investors who wish to increase their income by investing in areas where rental yields of the houses for sale are higher. Usually, the higher the rental yield, the more attractive a house for sale is for an investor.
Nonetheless, there are also instances where an investor will go with a house with lower yields in order to benefit from the appreciation of a house too which is why it’s vital to look in to all the details of Helmsley.
The data below shows the rental yield, rent turnover and the percentage of the money made on the sale of a house. The data is broken down into the county city is in (North Yorkshire) as well as the broader region; North East.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Helmsley||no relevant data for this city||no relevant data for this city||no relevant data for this city||12.0%|
Also, you can compare other data to the table above such as the number of houses sold per month in Helmsley which is 8 and get a better understanding of the housing market.
This is great if you want to gauge if investors are actively looking for houses for sale in the area over other areas in the UK which may be an induction of how profitable Helmsley is to invest in. Both in terms of rental yield and capital appreciation.
What are the demographics like in the city of Helmsley?
What does the population of Helmsley look like?
In total, the number of people in Helmsley is 11,975. 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 Helmsley, depending on where exactly you are.
How has Helmsley 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 Helmsley has changed by 4%. 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 4% 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 Helmsley?
7% 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 Helmsley 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 Helmsley?
The social grade of a city is useful when searching for a house for sale because it tells you what kind of jobs people have in the area. For example, there could be a lot of skilled manual workers or there could be a lot of pensioners and people on benefits.
The scale goes from a social grade of an A who are high managerial, administrative or professional workers to an E where people in this category are on state pensions, casual workers or unemployed on state benefits.
The number of people in Helmsley in grades A or B which are the highest skilled roles in the country is 23%. Realistically, you can expect workers in this category to earn a higher salary too.
For comparison, £39,500 is the average household income of the area. You can see how this figure is congruent with the number of people in the top two categories of the social grade at 23%.
Helmsley 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 Helmsley 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 Helmsley, 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.
Are the people in Helmsley earning a lot?
Typically, as people earn more money, the more they are able to afford and the better house prices in the area because demand goes up. You could also infer that the amenities such as schools, parks and public areas are generally of high quality as a result.
For these reasons, it could be argued that areas where people earn more money are generally nicer arrears to live in which also attracts more people as a result and further drives up house prices in the area.
To see if this phenomenon occurs in Helmsley. Compare the area’s average household income of £39,500 to the average household income in the UK at price34,000. Adding to this, compare it with the figure for the highest social grade score too at 23% for more conclusive data on the affluence of the area.
Is there sufficient green space in Helmsley?
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 Helmsley, the city has 23.7 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 Helmsley.
In general, do people commit a lot of crime in Helmsley?
The crime rate of Helmsley must be looked at sceptically. The reason for this is that the crime rate can vary within a city greatly and the type of crime committed can also vary too.
For example, the area has a crime rate of 43, but another city may have a higher crime rate but not be deemed as dangerous due to lower level crime or minor offences being committed.
Either way, high crime rates are never a good sign so consider the rate against the UK average of 79.52 for every 1000 people as a benchmark.
Lower rates could mean things like home insurance is cheaper and you have to install fewer security measures throughout your house. Saving you money in the long run. So the statistic of crime rate (43) is both useful and is recommended to be compared to the average.
Is the city of Helmsley deprived?
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 Helmsley, in particular, the deprivation levels are 17%.
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 the education level of Helmsley important when buying a house?
In the city of Helmsley, 32% 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 Helmsley is £39,500.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
Who can help you buy a house for sale in Helmsley?
Thinking about other cities with houses for sale?
Examine this short list of cities belonging to North East, the same region where Helmsley is located.
- Killingbeck in North East
- Backworth in North East
- Billy-Row in North East
- Byker in North East
- Acklington in North East
If none of these is of your interest, we suggest you visit our landing page with all data related to the houses for sale in the UK.
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
Find here below a list of criteria that we suggest you consider before looking for houses for sale in Helmsley
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.