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Arclid – What to look for in houses for sale?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in the North West $ Arclid – What to look for in houses for sale?

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Arclid 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 Arclid.

On top of this, keep reading for detailed information on the demographics of Arclid in Cheshire. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.

Are you considering other cities with houses for sale?

We have prepared a list of cities that are entirely dissimilar to the region of North West, perfect if you are looking for somewhere similar to Arclid but want to relocate to a different region entirely. You should then be able to evaluate the different houses for sale listed in the region:

Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.

How are rental yields of the houses for sale different to the rest of the UK in Arclid?

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 Arclid. 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 Arclid.

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 (Cheshire), a regional level (North West) and finally on the level of the city talked about in this article, Arclid.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Arclid £0 £885 £1 £0
Cheshire 3.58% £943.41 128.55% 20.11%
North West 0.04 807.60 £1 20.19%

You may also find it useful to compare the data above to the number of properties sold per month Arclid experiences. This figure for house sales per month is 23. 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.

What is the growth in the housing market of Arclid?

Growth in the area can be a good signal of a booming house market. However, too much growth could also have negative consequences on the capital appreciation of a house as time goes on.

Take a look at the table below for Arclid that shows the growth in recent years.

1 year 3 years 5 years
Arclid growth rate 1% 1% 7%

High growth rates can signal an appreciating housing market, nonetheless, if there are too many houses being built, this could reduce demand for housing as the supply of houses for sale starts to catch up with the demand. Leading to stagnation or a decline in house pricing so understanding the growth in Arclid is important.

Get professional help on the houses for sale in Arclid

Considering all the above data and information provided, you may want know who can help you buy a house for sale.
Lots of professionals offer property investors and first-time buyers advice and assistance in dealing with the process of acquiring a house for sale.

Below, you can find a list of professionals that come in handy when looking for houses for sale:

  • Lender – Is someone capable of lending you the money you need to complete the purchase of the house for sale
  • Insurer – Insurance companies provide building insurances and other financial products you need to protect your real estate assets
  • Conveyancer – This professional will take care of the legal work needed when looking for a house for sale
  • Surveyor – Use this professional to assess the condition of the house for sale you are willing to buy, get an independent valuation and feel more comfortable when negotiating the final price
  • Mortgage broker or adviser – Different buyers can access different mortgages to buy a house for sale. Let the mortgage broker suggest to you which one is the best given your financial situation
  • Energy professional – Nowadays is more important than ever, to get professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering as your next investment

What is the asking price on average of houses for sale in Arclid?

Average price of houses for sale in Arclid

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £190,931
Average asking price (3 bed) £260,671
Average asking price (4 bed) £394,662
Average asking price (5 bed) £602,800

The tables should give you a generic view of what the prices of the houses for sale are like. To close things off, the average asking price for the house for sale in the whole of Arclid is £0. This should show you the general prices overall and for individual types of houses too.

On average, in Arclid, the asking price for a house for sale in the area is £293,944.

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 Arclid. 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.

Are there any important statistics about the population of Arclid?

How deprived is the population of Arclid?

Deprivation of a city is defined as the number of people who are considered to not be earning enough to sustain their lifestyle. The UK average of deprivation nationwide is 33% so comparing the figure of £0 for Arclid should give you a nice idea of the deprivation in the area.

What’s crime like in Arclid?

For every one thousand people living in Arclid, 6700% commits crimes and are prosecuted. Coming to a conclusion as to whether all the other factors of your house purchase like the house price justify this figure when contrasting it with the UK average of 79.52 is something you should do as a homeowner.

It could be that the crime rate is higher than you expected but there it is worth the population growth, appreciation of the house and worth the relative price you are purchasing the house for.

Nonetheless, the crime rate of 6700% is not a statistic that should just be ignored as you could have to pay more for things like home insurance and install additional security on your house if the rate is particularly high.

Either way, burglaries are not something you would want to encounter in a house. Whether that be a house you are living in or a house you are renting out to tenants.

What is the population of Arclid?

The city of Arclid has a total population of 22313. Large population sizes can be good to show there is a high demand for people to buy houses in the area but a better indication is if the population of Arclid is growing.

A small population city can also have high prices of houses for sale, because, if there is a growing population, and demand is still high, this could mean the house prices are pushed up.

Either way, a population must also be looked at in terms of the appreciation of the area as well as the rental yields and if the area really meets your needs.

The five year population change of Arclid

Over time, in the last five years, the population of the city of Arclid has changed by 3%. This figure can tell you a lot because a growing population indicates a house is likely to appreciate. Read more here

In addition, looking at the 10 year figure for population growth in the below paragraphs can give you further evidence as to what the change in population has been for a longer period of time. As a result, you’ll know if this 3% population change is something that has been there for a while or if it is a new trend. Click here to know more on the UK population trends.

What is the difference in population over the last 10 years in Arclid?

In the last 10 years, there has been a shift in the population of 5%.

Comparing this to the 5 year figure of Arclid can tell you if there is a long history of population growth or decline, if there are population fluctuations or if the trend is stable.

New industries opening up in the area, the addition of new jobs and also international and national migration might all be reasons for changes in population size. Resulting in people moving in or leaving an area.

A good example of a quick change in population was in Stratford, London in 2012. Here, there was an increase in government spending in the area because of the Olympics which resulted in massive population growth.

What’s a social grade score and how does it relate to Arclid?

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 Arclid, the percentage of people in the two highest categories, A and B is 31%. 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 £45,300.00. This income will generally get bigger as the percentage of people in the A and B categories go up too (31%).

Are the people in Arclid earning a lot?

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 Arclid, the average income is £45,300.00. 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 31% to decide on what the demographics are like in the area.

In the city of Arclid, 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 Arclid, the city has 14 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 Arclid.

In Arclid, how educated are people in general?

The number of people as a percentage who have been through university and gained a degree is 31%. The ability to buy a home is greatly influenced by the number of people who have degrees. £45,300.00 is the amount people in Arclid are earning.

As you can tell, this figure along with the number of people who have degrees roughly correlate. For reference, the percentage of people who have degrees in the UK is 22.6% and the average household income is.

As a general rule, the bigger the difference between this 22.6% figure and the percentage of people with a degree in Arclid, the bigger the difference in the ability to earn and hence buy a house. A higher number of degrees will increase the potential for people to earn and hence the buying power of the population. This will also push up the price of houses in the area.

Nonetheless, making accurate estimates for the appreciation of homes must be done with other pieces of data in mind such as the rental yields or perhaps the crime rate of the area to name some examples.

Arclid in the county of Cheshire 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 Arclid 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 Arclid, 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 final sale price of a house in Arclid?

There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Arclid. In Arclid, this sale price works out to be £235,452. As an example, a factor like population growth over the last 10 years which works out to be 5% in Arclid and impacts house prices of the houses for sale.

Housing category Total final sale price
Average sold price (detached) £303,390
Average sold price (semi-detached) £196,707
Average sold price (terraced) £164,463
Average sold price (flat) £135,595

Above, the exact type of house is also shown to vary in price in a table in Arclid. 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
Average sold price/sqft £2,310
Average sold price/sqft (new build) £2,320
Average sold price/sqft (old stock) £2,220

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 Arclid which is £2,310. 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.

A house for sale that is right for you

Find here below a list of criteria that we suggest you consider before looking for houses for sale in Arclid

  • 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.

FAQ (Frequently Asked Questions)

Is it possible to renovate a property in Arclid?

Every single month in Arclid, there are 11 planning applications, of which nan result in a success. Look at this in terms of the population size of 22313 to work out if you think you’d have good planning success if you were to renovate.

On a monthly basis, how many property transactions take place in Arclid?

In Arclid, the monthly property transaction count reaches 23, a small percentage of the total house sales in the United Kingdom which equates to approximately 1.1 million.

What is the population change each year in a city like Arclid?

Calculating the evolution of Arclid’s population requires an examination of the population transformation over a decade, amounting to 5%, and the five-year adjustment at 3%. By contrasting these values, analyse recent changes in population to attain a thorough understanding of demographic trends and perhaps also look at house for sale data nearby

What are the asking rates for houses for sale in the surrounding area of Arclid?

Currently, the mean asking price of a house in Arclid is £0, calculated using the average value per square foot

Would acquiring a house for sale in Arclid be regarded as a high-priced option?

Determine whether a property is expensive by comparing a list of houses for sale to the prevailing average selling prices. In Arclid, this figure stands at £235,452, while the UK average is £286,500.

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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