Newbiggin-by-the-Sea can be a tough place to find accurate information like any city in the UK. Read on to learn about which data to stay on top of when looking at house for sale in Newbiggin-by-the-Sea.
On top of this, keep reading for detailed information on the demographics of Newbiggin-by-the-Sea in Northumberland. This is crucial in finding out if the area is worth for looking at houses for sale in the UK for an investment over the long term too.
In general, for the city of Newbiggin-by-the-Sea, what are the final purchase prices for the houses for sale?
As well as looking at the asking price for house for sale in Newbiggin-by-the-Sea, 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 Newbiggin-by-the-Sea.
Houses for sale, are sold on average in Newbiggin-by-the-Sea, after the influence of these factors, at £93,239 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 3% over the last 10 years.
| Housing category | Total final sale price |
|---|---|
| Aerage sold price (detached) | £208,159 |
| Aerage sold price (semi-detached) | £96,738 |
| Aerage sold price (terraced) | £79,173 |
| Aerage sold price (flat) | no relevant data for this city |
This table above shows the average sale price for each variation of houses for sale in Newbiggin-by-the-Sea.
| Housing category | Sale price per square foot |
|---|---|
| Aerage sold price/sqft | £1,010 |
| Aerage sold price/sqft (new build) | £1,640 |
| Aerage sold price/sqft (old stock) | £930 |
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 Newbiggin-by-the-Sea is £1,010.
This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.
What’s the rental yield in general for the city of Newbiggin-by-the-Sea?
In Newbiggin-by-the-Sea, how has the number of houses changed?
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 Newbiggin-by-the-Sea at 1 year, 3 year and 5 year intervals:
| 1 year | 3 years | 5 years | |
|---|---|---|---|
| Newbiggin-by-the-Sea growth rate | 1% | 33% | 22% |
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 Newbiggin-by-the-Sea 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 Newbiggin-by-the-Sea.
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 Newbiggin-by-the-Sea. 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 Newbiggin-by-the-Sea.
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 (Northumberland), a regional level (North East) and finally on the level of the city talked about in this article, Newbiggin-by-the-Sea.
| Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
|---|---|---|---|---|
| Newbiggin-by-the-Sea | no relevant data for this city | no relevant data for this city | no relevant data for this city | 25.0% |
| Northumberland | 4.28% | £659 | 106.75% | 18.57% |
| North East | 4.67% | £757 | 123.96% | 19.25% |
You may also find it useful to compare the data above to the number of properties sold per month Newbiggin-by-the-Sea experiences. This figure for house sales per month is 5. 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.
In Newbiggin-by-the-Sea, what is the asking price in general for a house for sale?
Table showing the asking prices for houses for sale in Newbiggin-by-the-Sea
| Average asking price (1 bed) | no relevant data for this city |
| Average asking price (2 bed) | no relevant data for this city |
| Average asking price (3 bed) | £119,996 |
| Average asking price (4 bed) | no relevant data for this city |
| 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 Newbiggin-by-the-Sea is the right area to buy a house in for you.
On average, in Newbiggin-by-the-Sea, the asking price for a house for sale in the area is £122,374.
The below table puts this figure into perspective as you can see the various average sale prices of the different type of houses for sale in Newbiggin-by-the-Sea. From a 1 bedroom house up to a 5 bedroom house.
As you can imagine, as the price goes up, the size of a room also goes up and in general, the larger a house is, the more you can expect the sale price to be as well.
In Newbiggin-by-the-Sea, what are the demographics like?
Is the city of Newbiggin-by-the-Sea deprived?
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 Newbiggin-by-the-Sea is 38% 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.
How much do people in Newbiggin-by-the-Sea 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 (8%). 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 Newbiggin-by-the-Sea, this works out to be £29,900. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
Newbiggin-by-the-Sea within Northumberland is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Newbiggin-by-the-Sea will be looked at by comparing it to the local region, as well as comparing it to the wider region too (North East). From what the population of the city is to how it’s growing as well as factors like the overall crime rate.
This data is impacted by the history of the area and what kind of industry there is around. All of which also impact house prices which is crucial for you to understand as you look at houses for sale in Newbiggin-by-the-Sea.
What does the population of Newbiggin-by-the-Sea look like?
In total, the number of people in Newbiggin-by-the-Sea is 6,248. 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 Newbiggin-by-the-Sea, depending on where exactly you are.
How has Newbiggin-by-the-Sea 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 Newbiggin-by-the-Sea 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 Newbiggin-by-the-Sea?
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 Newbiggin-by-the-Sea 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.
For the city of Newbiggin-by-the-Sea, what is the education level?
Interestingly, the percentage of people who have a degree in the city of Newbiggin-by-the-Sea is 14%. 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 Newbiggin-by-the-Sea is £29,900.
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.
In general, do people commit a lot of crime in Newbiggin-by-the-Sea?
The crime rate of Newbiggin-by-the-Sea 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 114, 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 (114) is both useful and is recommended to be compared to the average.
In the city of Newbiggin-by-the-Sea, how much green space remains for residents?
There are cities in the UK such as Edinburgh and Bristol that have a higher percentages of green space with Edinburgh being the most at 49%. The city of Newbiggin-by-the-Sea currently has 31.2 for every 1000 residents.
Green space helps the quality of people’s mental health as well as fight against diseases like obesity. As studies have shown that the proximity of people to green spaces in the UK has a positive impact on the physical health of people in the UK and Newbiggin-by-the-Sea in this case.
What’s a social grade score and how does it relate to Newbiggin-by-the-Sea?
In the city of Newbiggin-by-the-Sea, the social grade score of the area is 8%. 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 Newbiggin-by-the-Sea.
| 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 |
Professional advice for houses for sale in Newbiggin-by-the-Sea
A house for sale that is right for you
What parameters impact the final price of a house for sale in Newbiggin-by-the-Sea?
Here below is our list with the most important ones:
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House for sale affordability – check out the (see house affordability guide)
on the UK gov website to know more
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House Location – the actual location of a house for sale drastically changes the final price of a property
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Transports you can reach by foot – Commuting is part of our lives, especially in big cities, check it out before buying a house for sale.
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Number of bedrooms – Usually, the bigger the house for sale the more bedrooms it will have. For example, if you are a single person (or a couple) one bedroom will do.
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Energy Performance Certificate of the house for sale – Bad EPCs can result in thousands of pounds more in bills you will have to pay on an annual basis. Consider this when purchasing a new property.
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Internet connection – Having a quick internet connection is fundamental nowadays. Check the area of the house for sale to understand what the average internet speed is and see if it fits your needs
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Do you drive to the office? – If yes, ask about parking. Is it included in the house price?
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Special areas – Start by taking a look at the National Heritage list by the UK government. If a house listed for sale appears in the list, the future landlord won’t be able to invest in changes to the real estate asset.
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Houses for sale Conditions – When looking for houses for sale you should always consider the amount of time and money you will have to invest to complete the needed repairs, if any at all.
Nowadays, there are so many properties on the real estate market that it can be difficult to decide which one is the best house for sale for you.
So, who can help you navigate the process of choosing a house for sale?
The number of professionals that offer real estate investors advice and assistance is broad and when it comes to dealing with houses for sale, the process can be complex.
Find here a list of those that can help when buying a house for sale:
- Moneylender – lends you the sum of money you need to buy the house for sale you are looking for
- Insurance agent – A firm that provides several insurances and protections for the house for sale that might become your future house
- Solicitor – A person or company that will sort out the legal work needed before buying a house for sale
- Civil engineer – Also called surveyor, he or she will provide you with an independent valuation of the house for sale you are willing to buy
- Mortgage advisor – Realistically, you will need a mortgage in order to afford to buy a house for sale. Mortgage advisors will guide you and propose the best mortgage deals based on your financial records
- EPC specialist – Especially nowadays, getting professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering buying is crucial
houses for sale in other cities in the UK
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 Newbiggin-by-the-Sea:
- Black-Callerton in North East
- Horsforth in North East
- Easingwold in North East
- Langbar in North East
- Bildershaw in North East
You may also refer to our landing page specific to UK houses for sale, houses for sale in the UK
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