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How much will you pay for a house for sale in Aughton?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in the North West $ How much will you pay for a house for sale in Aughton?

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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 Aughton, Lancashire.

From the average asking price of houses for sale in Aughton, to the growth of the population in the area, all will be talked about regarding the city of Aughton. So you will get better clued up on the area, and make finding a house for sale in the UK easier.

Advice from experts on properties for sale in Aughton

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.

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 Aughton

  • 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.

In Aughton, what do houses for sale tend to sell for?

As well as looking at the asking price for house for sale in Aughton, 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 Aughton.

Houses for sale, are sold on average in Aughton, after the influence of these factors, at £234,534 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) £372,956
Aerage sold price (semi-detached) £204,778
Aerage sold price (terraced) £165,123
Aerage sold price (flat) £134,247

This table above shows the average sale price for each variation of houses for sale in Aughton.

Housing category Sale price per square foot
Aerage sold price/sqft £2,210
Aerage sold price/sqft (new build) £2,310
Aerage sold price/sqft (old stock) £2,150

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 Aughton is £2,210.

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

Before a house gets sold, the figure it sells for always starts off as an asking price. This average asking price for the houses for sale in Aughton determines the eventual sale price of the house so it isn’t the most important figure but is still important to take note of. This figure is currently £335,063.

Below, there is a table showing the asking price of the different sizes of houses based on the number of bedrooms of the houses in Aughton.

In the city of Aughton, what is the average asking price for the houses for sale?

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £204,590
Average asking price (3 bed) £284,307
Average asking price (4 bed) £468,521
Average asking price (5 bed) £741,238

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 Aughton is £0. This should show you the general prices overall and for individual types of houses too.

What kind of demographics does the city of Aughton have?

What is the education level like in Aughton?

In Aughton, the proportion of people who have a degree is 31%. Generally speaking, as the number of people with degrees increases, the more people are able to afford houses to buy as a degree is a good indicator of a higher income. To put this into perspective, the average income of Aughton is £42,200.00.

This figure for average household income usually goes up alongside the percentage of people who have degrees.

However, this is not a hard and fast rule, there are many factors influencing the buying power of a population and hence the appreciation of housing and the number of houses for sale in the area. This can include the rental yields of the area and other demographic statistics like crime rate.

Nonetheless, it cannot be argued that those with degrees tend to live in more affluent areas as 82% of people who achieve a first in degree level education are owners of the place they live.

Have the people of Aughton grown in numbers?

Population growth in Aughton 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 Aughton, 28091 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 Aughton 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 Aughton, 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 Aughton?

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 3% in Aughton.

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.

How much green space is available to residents of Aughton?

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 Aughton, 12 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 Aughton.

Are the deprivation levels of the UK any different to Aughton?

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 Aughton is £0 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.

Are the people in Aughton earning a lot?

You may be wondering what the amount people earn has to do with house price. Well, house prices generally go up as people earn more not just because they can afford more valuable properties but also because good areas generally attract more desirable infrastructure. For reference, the average household income is £42,200.00.

This may be better schools, doctors and areas with lower crime rates. This results in a snowball effect which polarises different areas further, increasing the demand for housing in richer areas by a greater amount. And increasing the proportion of people with high social grade scores. For Aughton this figure is 30%.

What is the social grade score of Aughton?

Most of the time, the social grade score of a city is what it takes to determine what the economic levels are like as this score refers to what type of jobs the people of the area generally work as. So, from highly skilled, managerial roles, to the manual labour workers of the UK, how does Aughton compare?

At the highest end of the scale (A) jobs that are managerial administrative or professional are all lumped into this category. On the other hand, there is the lowest grade (E) where workers who are on benefits, state pensions or work casual jobs fall into.

In Aughton, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 30%.

So you can compare this data, here is the estimated grouping of the social grades of the UK for the general population. Adding the two highest categories of A and B and comparing this percentage to the high social grade score which combines A and B should give you a good comparison.

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

What’s crime like in Aughton?

For the city of Aughton, crime rate is at 7600%. So for every 1000 people in the area, 7600% commit a crime which is prosecuted. Paying close attention to this figure of crime rate is not only important for the value of a house but also to calculate the maintenance cost of owning a house and how attractive an area can be for future buyers.

So, compare it to the nationwide average of 79.52 per 1000 people and consider if you are happy with this figure based on the price you’re paying for a house you’re interested in.

On top of this, houses that are in areas where there is a high crime rate tend to have to pay higher insurance rates, costing a homeowner in the long term.

Additionally, paying for further security on a house such as CCTV or potentially gates and fences that deter thieves may be necessary for an area with a high crime rate.

Aughton within Lancashire is notable for the type of people that live there. The statistics below show how this is the case.

As you read on, Aughton will be looked at by comparing it to the local region, as well as comparing it to the wider region too (North West). 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 Aughton.

houses for sale in other cities and regions in the UK

If you are looking for similar places to buy a house that are just like Aughton, examine this short list of cities below from outside of the region of North West for some inspiration.

If none of these suit your interest, we suggest you visit our page with all of the relevant data concerning houses for sale in the UK, allowing you to buy the right property.

Or, consider buying a leasehold property instead which may be cheaper. However, you will also have to learn what will happen when a leasehold expires so you know how to deal with this side of the law.

Always consider average rental yield when searching for houses for sale in Aughton

Is the housing market in Aughton growing?

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 Aughton that shows the growth in recent years.

1 year 3 years 5 years
Aughton growth rate -3% 15% 19%

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 Aughton is important.

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. This is why it is common for landlords to increase rent using section 13, to maximise this yield, as it is so important.

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 into all the details of Aughton.

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 (Lancashire) as well as the broader region; North West.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Aughton £0 £882 no relevant data for this city £0
Lancashire 4.25% £691.17 100.27% 17.49%
North West 0.04 807.60 £1 20.19%

Also, you can compare other data to the table above such as the number of houses sold per month in Aughton which is 21 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 Aughton is to invest in. Both in terms of rental yield and capital appreciation.

FAQ (Frequently Asked Questions)

Is it possible to renovate a property in Aughton?

If planning permissions are abundant in the vicinity of Aughton, it may look promising for landlords looking to renovate. With 16 getting approved on a monthly basis, and a success rate of 71%, these prospects flourish against a population of 28091. A comparative analysis against other locations across the UK will lend you a good perspective of this data.

What is the monthly count of property transactions in Aughton?

In the city of Aughton, there are 21 and in the total for the UK, there are around 1.1 million property sales.

What’s the annual population shift in a city such as Aughton?

To work out how the population of Aughton has changed over time, you can look at the population change over a decade which is 3% and the change in a five year period two which falls at 2%. 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 Aughton?

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

Is purchasing a house in Aughton considered a costly decision?

Determine whether a property is expensive by comparing a list of houses for sale to the prevailing average selling prices. In Aughton, this figure stands at £234,534, 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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