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 Baildon, West Yorkshire.
From the average asking price of houses for sale in Baildon to the growth of the population in the area, all will be talked about regarding the city of Baildon. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
What are the people like in Baildon?
What is the city of Baildon’s social grade score?
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 Baildon 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 Baildon, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 28%.
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|
Is there sufficient green space in Baildon?
Whether you view green space in Baildon 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 Baildon, the number of acres of green space for every 1000 people currently is 36.8 which can be measured against the UK average of 1.7.
The city of Baildon, 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 Baildon and its demographics will be compared to its wider location (North West). 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 Baildon. So, taking a good look at the data is essential to understand the area you are considering to buy in.
What’s crime like in Baildon?
For every one thousand people living in Baildon, 106 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 106 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.
Are the deprivation levels of the UK any different to Baildon?
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 25% for Baildon should give you a nice idea of the deprivation in the area.
How much are those living in Baildon earning?
Typically, as people earn more money, the more they are able to afford and the better house prices in the area because demand goes up. You could also infer that the amenities such as schools, parks and public areas are generally of high quality as a result.
For these reasons, it could be argued that areas where people earn more money are generally nicer arrears to live in which also attracts more people as a result and further drives up house prices in the area.
To see if this phenomenon occurs in Baildon. Compare the area’s average household income of £42,100 to the average household income in the UK at price34,000. Adding to this, compare it with the figure for the highest social grade score too at 28% for more conclusive data on the affluence of the area.
How educated are the people in Baildon?
In the city of Baildon, 25% 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 Baildon is £42,100.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
Have the people of Baildon grown in numbers?
In total, the number of people in Baildon is 17,992. 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 Baildon, depending on where exactly you are.
How has Baildon 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 Baildon 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 Baildon?
5% 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 Baildon 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.
What’s the rental yield in general for the city of Baildon?
Are there new houses being built in Baildon to make it grow?
The growth of an area like Baildon can be a great indicator of a thriving city and the influx of new people can drive demand for housing and help appreciate the value of your house after you buy it.
Paying attention to the table below tells you how the number of houses has changed over time at one year, three year and five year intervals.
|1 year||3 years||5 years|
|Baildon growth rate||-2%||19%||18%|
Despite the number of houses being built rising, this may not indicate that the housing price of the houses for sale is going up. It could be the case that there are a lot of new builds in the area which are causing the supply of the houses for sale to match demand and this could cause a decline in house price as time goes on.
Make sure you do your own research specific to the city of Baildon if you want to find out the exact reasons for the housing change.
If you’re buying a house for investment rather than for the reason to live in the house over time and use the house as a place to stay in the long term, there is a need to look at the rental yield figure to see if the house for sale you are considering to buy is a good investment or not.
This figure is usually looked at by investors as well as the rental income of the area, the sale turnover and the rent turnover.
The table below represents this data and compares Baildon to West Yorkshire and the broader suburb of the UK; North West.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Baildon||3.0%||£673||no relevant data for this city||20.0%|
Let’s assume you want to sell the house you’re looking to buy in Baildon for profit in the future, in this case, looking at the data for the number of houses sold per month in Baildon would give you an idea of whether the area is actively getting new investors. This figure is 19.
It is vital you be careful with this figure however as the data can suggest something that isn’t true in Baildon. To give an example, a lot of people buying new houses could also indicate there are a lot of new first time buyers in the area which would in fact drive down the rental yield.
The more people there are interested in renting, rather than buying, the more likely that area of the UK has high rental yields and hence investors like these areas to invest in to create a large amount of cash flow.
On average, what is the figure for the asking price of a house for sale in Baildon?
Average price of houses for sale in Baildon
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£156,476|
|Average asking price (3 bed)||£291,583|
|Average asking price (4 bed)||£460,613|
|Average asking price (5 bed)||no relevant data for this city|
The above table is perfect for understanding the distribution of properties in the area as well as looking at this data alongside the average asking price per square foot of £0. Telling you what type of house is most in demand relative to the price of the area.
This could be due to more people looking at particular types of houses for sale over others or even due to the fact that Baildon has a lack of supply of housing in certain categories.
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 Baildon 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 £264,891.
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 Baildon.
In general, what do houses for sale sell for in Baildon?
In Baildon, the average sale price of a house for sale is in fact £213,493. This is dependent on the 10 year population growth of Baildon being 5%. Growing populations are more likely to inflate the prices of houses for sale in the city of Baildon.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£347,988|
|Aerage sold price (semi-detached)||£201,516|
|Aerage sold price (terraced)||£158,901|
|Aerage sold price (flat)||£96,434|
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 Baildon.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£2,180|
|Aerage sold price/sqft (new build)||£1,810|
|Aerage sold price/sqft (old stock)||£2,160|
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 £2,180. This means if you are just looking out the houses sold in Baildon in general and didn’t take into consideration the type of build. For example, a new build.
Who can help you buy a house for sale in Baildon?
houses for sale in other cities in the UK
See here below a list of cities in the same UK region of Baildon which is North West. You might want to consider these as alternatives for your next real estate investment:
- Bewaldeth in North West
- Ardwick in North West
- Ordsall in North West
- Caldy in North West
- Birchwood in North West
Or, visit our dedicated page on the houses for sale data for the whole of the UK – houses for sale in the UK.
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 that is right for you
Many criteria impact the price of houses for sale in Baildon.
Here below are the most important ones according to Lofti’s expertise:
Affordability – (see what house for sale can you afford?)
A guide from the UK government
House Location – The borough and region of the UK you want to invest in is an important factor to consider when looking for a home for sale.
Transport – Commuting can be a waste of time. Minimise it by checking how long it will take from the house for sale you’re interested in, to your office before considering buying
Number of bedrooms – The number of bedrooms goes hand in hand with the house for sale price. If you are buying for the long period try to think if you might need an extra bedroom
Energy performance of the house for sale – The difference between an EPC rating of A and an EPC rating of G can impact your monthly utility bills, consider this when evaluating houses for sale.
Internet connection – Being able to take video calls from your home is crucial nowadays, always check the broadband of the area when browsing houses for sale
Car park – Ask the property seller for parking availability. If it is included in the price of the house for sale, you can justify paying more than you would at first glance
Conditions of the house for sale – Repair works can be expensive and take a lot of time, assess the conditions of the houses listed for sale before making an official offer.