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Almondbury 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 Almondbury.
On top of this, keep reading for detailed information on the demographics of Almondbury in West Yorkshire. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.
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 Almondbury
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affordability – the UK gov website comes in helpful when you want to understand (see what house for sale you can afford)
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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.
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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.
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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.
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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.
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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
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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?
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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.
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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.
What are the demographics like in the city of Almondbury?
In Almondbury, how educated are people in general?
Interestingly, the percentage of people who have a degree in the city of Almondbury 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 Almondbury is £36,050.00.
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.
How much are those living in Almondbury earning?
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 Almondbury, the average income is £36,050.00. 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 0.16 to decide on what the demographics are like in the area.
What’s crime like in Almondbury?
Within Almondbury, the number of people committing crimes is 111.5 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 111.5 figure carefully.
In Almondbury, how has the population changed?
Population growth in Almondbury 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 Almondbury, 61416 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 Almondbury 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 Almondbury, this change has been 2%. 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 2%. Click here to know more on the UK population trends.
Over the last decade, how has the population differed in Almondbury?
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 6% in Almondbury.
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.
In Almondbury, what is the social grade score?
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 Almondbury in grades A or B which are the highest skilled roles in the country is 0.16.
Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £36,050.00 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 0.16.
Is there sufficient green space in Almondbury?
Providing the right amount of green space for people in the UK is a difficult subject because there are clear benefits for human health but at the same time, it is hard to make sure all areas of the UK can get enough greenery. This is a result of land being already in use in cities where most people live.
In Almondbury, 11 is the amount of acres of outdoor space there is for every 1000 people. Charities such as ‘Fields in Trust’ recommend there to be at least 6 acres. This should allow you to conclude whether this green space is sufficient for you if you are interested in buying in Almondbury.
Almondbury in the county of West 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 Almondbury is located in; North West.
Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Almondbury, 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.
In Almondbury, what are the deprivation levels like?
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Almondbury, 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.
Other cities in different locations you can consider to buy property
If you are looking for a list of cities that are different to the City of Almondbury and in different UK region to North West. You might want to consider these as alternatives for your next real estate investment:
- aughton in North West
- kingston-upon-thames in North West
- chatto in North West
- babcary in North West
- babell in North West
Or, visit our dedicated page on the houses for sale data for the whole of the UK which will allow you to pick based on where you think you want to live or invest – houses for sale in the UK.
Why you should consider the average rental yield when searching for houses for sale in Almondbury
What is the growth in the housing market of Almondbury?
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 Almondbury at 1 year, 3 year and 5 year intervals:
1 year | 3 years | 5 years | |
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Almondbury growth rate | -1% | 11% | 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 Almondbury 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 Almondbury.
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 Almondbury this statistic is what you were looking for.
Data should also be compared to the broader region of the UK (North West) alongside West 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 Almondbury.
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) | |
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Almondbury | £0 | £665 | £1 | £0 |
West Yorkshire | 4.55% | £778.32 | 125.25% | 21.88% |
North West | 0.04 | 807.60 | £1 | 20.19% |
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 Almondbury.
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 (21) will be useful.
What is the asking price on average of houses for sale in Almondbury?
Average prices for the houses for sale in Almondbury
Average asking price (1 bed) | no relevant data for this city |
Average asking price (2 bed) | £135,045 |
Average asking price (3 bed) | £198,020 |
Average asking price (4 bed) | £348,326 |
Average asking price (5 bed) | no relevant data for this city |
After looking at this table about prices of houses for sale in Almondbury, someone who is buying a home would have a detailed understanding of what kind of house for sale is available on the market that best suits the amount of money they are looking to invest. Also, using a more general figure like the average asking price per square foot of a property which is £2,330 will help them to have a more holistic understanding.
When speaking about the city of Almondbury, £190,946 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 in Almondbury would be after a larger house than someone living alone.
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.
In Almondbury, what do houses for sale tend to sell for?
There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Almondbury. In Almondbury, this sale price works out to be £142,983. As an example, a factor like population growth over the last 10 years which works out to be 6% in Almondbury and impacts house prices of the houses for sale.
Housing category | Total final sale price |
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Average sold price (detached) | £263,488 |
Average sold price (semi-detached) | £150,360 |
Average sold price (terraced) | £108,276 |
Average sold price (flat) | £79,522 |
Above, the exact type of house is also shown to vary in price in a table in Almondbury. You may think that the bigger the house is the more expensive, but actually, this table is more based on the demand for the properties in each category.
Housing category | Sale price per square foot |
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Average sold price/sqft | £1,695 |
Average sold price/sqft (new build) | £2,025 |
Average sold price/sqft (old stock) | £1,635 |
In addition, here is the price per square foot. By taking this data and doing an average, it is also possible to work out the average square foot of houses in Almondbury which is £2,010. From here you can get a sense of the price of the overall housing market and therefore, also find out the prices of the houses for sale.
Advice from experts on properties for sale in Almondbury
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
FAQ
Do properties in Almondbury have the potential for renovation?
Properties in the city of Almondbury may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are 12 approvals every month with an approval of 89% based on a population of 61416. Compare other places in the UK to make this figure make more sense.
What’s the number of property sales each month in Almondbury?
The city of Almondbury sees around 21 property transactions every month, while the nationwide figure for the whole of the United Kingdom stands at roughly 1.1 million property sales.
What’s the year-over-year population change in Almondbury or similar cities?
For a comprehensive analysis of Almondbury’s population trends, observe the population fluctuation over a decade, indicated by 6%, and the five-year alteration represented by 2%. Perhaps also look at data from another nearby city too so you can see a comparison.
In the larger vicinity of Almondbury, what is the cost of houses available for sale?
The average cost per square foot for a house in Almondbury is presently £2,330.
Is purchasing a house in Almondbury considered a costly decision?
Ascertain the costliness of a property by examining a listed house for sale in relation to the prevailing average selling prices. In Almondbury, this stands at £142,983, whereas the UK’s mean is £286,500.
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