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 Killingbeck, West Yorkshire.
From the average asking price of houses for sale in Killingbeck, to the growth of the population in the area, all will be talked about regarding the city of Killingbeck. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
In Killingbeck, what is the asking price in general for a house for sale?
The average asking price for the houses for sale in the city of Killingbeck
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£161,371|
|Average asking price (3 bed)||£214,285|
|Average asking price (4 bed)||£338,870|
|Average asking price (5 bed)||no relevant data for this city|
Reading the table above should therefore give you a good idea of the type of house for sale that is within your budget in Killingbeck and if you may need to look at a different area in order to buy the type of house you can afford.
Also, noting the £0 should also give you an overview of what the asking price for houses for sale are in general.
When investors make offers for houses for sale in Killingbeck, the average price asked by the homeowners works out to be £217,436.
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 Killingbeck 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.
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 Killingbeck:
- alderholt in North East
- glenrothes in North East
- dukinfield in North East
- annan in North East
- bastwick in North East
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
A house for sale appropriate to your needs
Find here below a list of criteria that we suggest you consider before looking for houses for sale in Killingbeck
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 Killingbeck
Who should you talk to while going through the process of making an offer on a house for sale?
Several experts specialise in giving advice to property investors or to first time potential buyers.
Since the process of finding the right house for sale can take months, you have all the time to consult with the experts you might need.
Find here a list of those you should contact to get professional guidance and assistance when purchasing a house for sale:
- Lender – This practitioner can lend you money to finalise a house purchase
- Insurer – Insuring companies will provide you with the insurance policy you need to protect the house for sale you want to buy
- Legal representative – This professional is usually there to handle all the legal tasks associated with purchasing a home for sale.
- Surveyor – Carries out and independent valuation on the house for sale based on its conditions. It is very useful to understand the correct price before making an offer
- Mortgage specialist – Mortgage advisors works on commissions. They will get a cut from the bank and will guide you with offering the best deals given your financial situation
- Energy assessor – We strongly suggest you to invest in a professional assessment of the Energy Performance of the house for sale you want to purchase
Why you should consider the average rental yield when searching for houses for sale in Killingbeck
Let’s consider that you’re not looking to buy a house for sale to live in for the long term future such as if you changed location with your family and want to settle down and you want to find somewhere to buy as an investor in Killingbeck. If this is the case, rental yield is a crucial statistic to consider.
If looking to invest, you should also consider other data about the area. The average rental income, the turnover of the sale of the house and what the net rental yields are like for the area do also have an impact on the final price of houses for sale in Killingbeck.
It is clear to see from the table below that there is a difference between all of these pieces of information and how they can be compared and contrasted on a county level (West Yorkshire), a regional level (North East) and finally on the level of the city talked about in this article, Killingbeck.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Killingbeck||£0||£876||no relevant data for this city||£0|
You may also find it useful to compare the data above to the number of properties sold per month Killingbeck experiences. This figure for house sales per month is 20. Looking at all this information holistically is what a smart investor should do when deciding on the right area for investment before looking for houses for sale.
Is the housing market in Killingbeck growing?
Before making an investment and move forward with buying a house for sale, another important set of data an investor should analyse is the growth trends of the area in question.
Below are the forecasted growth rates for the city of Killingbeck at 1 year, 3 year and 5 year intervals:
|1 year||3 years||5 years|
|Killingbeck growth rate||-3%||10%||18%|
Examine this figure carefully as the addition of a lot of new houses to meet demand could mean that house price of the houses for sale in Killingbeck gradually reduces with an increase in the housing supply. This could be a good indicator to understand if your house will appreciate or not. Too many houses and too much supply could drive down the prices of homes or stagnate them. So be sure to check out what is exactly happening in Killingbeck.
In general, what do houses for sale sell for in Killingbeck?
In Killingbeck, the average sale price of a house for sale is in fact £177,296. This is dependent on the 10 year population growth of Killingbeck being 7%. Growing populations are more likely to inflate the prices of houses for sale in the city of Killingbeck.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£320,241|
|Aerage sold price (semi-detached)||£169,252|
|Aerage sold price (terraced)||£134,537|
|Aerage sold price (flat)||£111,581|
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 Killingbeck.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£2,010|
|Aerage sold price/sqft (new build)||£2,150|
|Aerage sold price/sqft (old stock)||£1,830|
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 £2,010. This means if you are just looking out the houses sold in Killingbeck in general and didn’t take into consideration the type of build. For example, a new build.
What are the demographics like in the city of Killingbeck?
How much do people in Killingbeck 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 Killingbeck, 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 10% to decide on what the demographics are like in the area.
The city of Killingbeck, 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 Killingbeck 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 Killingbeck. So, taking a good look at the data is essential to understand the area you are considering to buy in.
What is the social grade score of Killingbeck?
In the city of Killingbeck, the social grade score of the area is 10%. But what does this exactly mean? The figure refers to the proportion of people in the two highest categories of skilled jobs.
The categories are grouped from A to E shown in the table below. Overall, a high social grade score means there are more affluent people working in managerial and professional roles in the area.
This table shows the average breakdown of the UK in terms of where most people in the UK are working so you can compare it to the social grade score of Killingbeck.
|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|
Is the city of Killingbeck 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 Killingbeck, in particular, the deprivation levels are £0.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
In the city of Killingbeck, is there a lot of green space?
Whether you view green space in Killingbeck 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 Killingbeck, the number of acres of green space for every 1000 people currently is 16 which can be measured against the UK average of 1.7.
In Killingbeck, how educated are people in general?
In the city of Killingbeck, 16% 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 Killingbeck is £34,300.00.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
What’s crime like in Killingbeck?
Within Killingbeck, the number of people committing crimes is 22600% 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 22600% figure carefully.
In Killingbeck, how has the population changed?
Population growth in Killingbeck is important to know if there is housing demand and the total population may also be looked at as large populations commonly have a lot of buyer demand.
In Killingbeck, 33993 people live in the city as their main place of residence.
It is important to note that it is not the case that everyone likes a large population to live in. People who tend to prefer a more relaxed life are more likely to buy or rent somewhere to live that has a small population and perhaps also wouldn’t mind if the population isn’t growing.
Other people also like to have a mix of both. Where they can visit rural areas and also benefit from the amenities of a busy city.
In Killingbeck in the previous five years, have population numbers transformed?
Five years may seem like a long time but it is rare for a city to grow that much unless there is dramatic population growth. In Killingbeck, this change has been 3%. Read more here
Someone who wishes to find out how this change has occurred over a longer period of time may also wish to read the headings below and see if the change has continued throughout the past decade too. Or if the change is only true for the more recent figure for five years of 3%. Click here to know more on the UK population trends.
Over the last decade, how has the population differed in Killingbeck?
Populations change all the time but if there is a clear change in population in the last ten years this is even more reliable data about the population of the area as opposed to five. This adjustment in population works out to be 7% in Killingbeck.
What this statistic is like in comparison to the population change in five years should provide you with a comprehensive understanding of what direction the population is heading in.
In recent years because of the pandemic, it is common to see dramatic differences in the population change in the last five years when comparing it to ten as people realise they can work from home but still keep the current jobs they have.
This means they can move to cities they wouldn’t have considered otherwise and be location-independent of their source of income. Perhaps making a longer commute into the office every week for example.
FAQ (Frequently Asked Questions)
Do properties in Killingbeck offer renovation potential?
Amidst the urban landscape of Killingbeck, 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 9 and on the other hand, there is a planning success rate of nan. It is also useful to take into consideration the population size of the area (33993).
What’s the number of property sales each month in Killingbeck?
The city of Killingbeck sees around 20 property transactions every month, while the nationwide figure for the whole of the United Kingdom stands at roughly 1.1 million property sales.
In a city like Killingbeck, what’s the yearly fluctuation in population?
To work out how the population of Killingbeck has changed over time, you can look at the population change over a decade which is 7% and the change in a five year period two which falls at 3%. Compare the two and look at the population growth or decline in recent times to really make sure you have a good understanding of the population
What are the asking rates for houses for sale in the surrounding area of Killingbeck?
Currently, the mean asking price of a house in Killingbeck is £0, calculated using the average value per square foot
Is purchasing a house in Killingbeck considered a costly decision?
To work out if you are looking at an expensive property, find a house for sale and compare it to the average prices sell for. In Killingbeck this number is £177,296 and in the average for the UK is £286,500. Also, make sure you don’t miss a crucial step by following our tutorial when buying a house