We help you find the right agent
At lofti we want to simplify your life and help you buy, sell or rent your property. We have assembled all the agent in Blackden Heath to help you find the perfect agent for you
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 Blackden Heath, Cheshire.
From the average asking price of houses for sale in Blackden Heath, to the growth of the population in the area, all will be talked about regarding the city of Blackden Heath. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
Choose the right house for sale that suits your needs
Criterias that have an impact on the actual price of a house for sale have been listed here below. Consider them all to find the perfect houses for sale in Blackden Heath.
-
Affordability – check this article from the UK government to find out (see what house for sale you can afford)
-
Location – if the house for sale is in the city centre rather than further out, this may be why it is more expensive than the market average.
-
Transports near the house for sale – Being able to use public transports is a huge plus for a house, especially in big cities. This will have an impact on the price as well.
-
Bedrooms – the more bedrooms there are in a house for sale, the more tenants a buy to let investors will be able to host, therefore, realistically the price will also increase.
-
EPC of the house for sale – today more than ever, the energy performance of properties for sale on the market should be one of the first things you check.
-
Wi-Fi speed – We recommend you check the internet plans available for the areas where you are considering to buy a house for sale
-
Are you a motorist? – If yes, filter out your searches and compare prices of houses for sale with parking availability. Remember, a car parking space can cost as much as £400 per month
-
Conditions of the house for sale – New builds and properties that were recently built usually need little to no repairs; instead, other houses for sale may require consistent or structural maintenance. These investments that can be both expensive and laborious to complete. Before making your offer for a house for sale you should always carefully assess this criteria.
In general, for the city of Blackden Heath, what are the final purchase prices for the houses for sale?
As well as looking at the asking price for house for sale in Blackden Heath, 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 Blackden Heath.
Houses for sale, are sold on average in Blackden Heath, after the influence of these factors, at £334,111 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 5% over the last 10 years.
Housing category | Total final sale price |
---|---|
Aerage sold price (detached) | £399,633 |
Aerage sold price (semi-detached) | £260,477 |
Aerage sold price (terraced) | £213,349 |
Aerage sold price (flat) | £102,859 |
This table above shows the average sale price for each variation of houses for sale in Blackden Heath.
Housing category | Sale price per square foot |
---|---|
Aerage sold price/sqft | £2,780 |
Aerage sold price/sqft (new build) | £2,690 |
Aerage sold price/sqft (old stock) | £2,710 |
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 Blackden Heath is £2,780.
This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.
Asking price in Blackden Heath for a house for sale
As you go ahead and make offers on a house for sale, it is sometimes best to know what other people are offering for the same type of house for sale so you know what to offer yourself to get a good deal. So you should know, the average asking price of Blackden Heath is £421,487.
Even though the asking price is not what the eventual price the house is sold at, making a note of the averages for the city of Blackden Heath is useful when negotiating and knowing what to expect for every type of house for sale.
The average asking price for the houses for sale in the city of Blackden Heath
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) | £317,470 |
Average asking price (4 bed) | £671,111 |
Average asking price (5 bed) | no relevant data for this city |
Reading the table above should therefore give you a good idea of the type of house for sale that is within your budget in Blackden Heath and if you may need to look at a different area in order to buy the type of house you can afford.
Also, noting the £0 should also give you an overview of what the asking price for houses for sale are in general.
Thinking of a different city and perhaps a different location?
If you are looking for similar places to buy a house that are just like Blackden Heath, examine this short list of cities below from outside of the region of North West for some inspiration.
- east-renfrewshire in North West
- ham in North West
- boston-spa in North West
- bryn in North West
- new-houghton in North West
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.
Advice from experts on properties for sale in Blackden Heath
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
Always consider average rental yield when searching for houses for sale in Blackden Heath
Are there more or fewer houses being built in Blackden Heath?
Whenever you are thinking about looking for houses for sale in Blackden Heath, think about how the city is growing and how this may impact the overall growth of the area.
Comparing the growth at different time periods would be a great way to assess whether the growth has slowed down, remained the same or perhaps stagnated over the years.
1 year | 3 years | 5 years | |
---|---|---|---|
Blackden Heath growth rate | -1% | 6% | 11% |
As the population of Blackden Heath grows, this may also push up the price of the houses for sale. More people would be looking to buy homes and permanently live in the area. This demand helps a home appreciate. However, this isn’t always true because some cities build a lot of houses too to match the supply.
Assuming you are not looking for a house for sale in a certain area because of private reasons such as being close to a family member or you have been relocated to a new office, these are some of the factors to consider in order to understand if an investment is worth your money.
Investors typically look at data such as the average rental yield, the average asking price of rent per month, rent turnover and sale turnover. These KPIs give property investors a solid idea of how the market is performing in that area.
For the city of Blackden Heath, the below table demonstrates this well. To make things simple, it compares these numbers to the wider region of the UK; North West. As well as Cheshire, to give a smaller scale area to compare the data to.
Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
---|---|---|---|---|
Blackden Heath | no relevant data for this city | no relevant data for this city | no relevant data for this city | £0 |
Cheshire | 3.58% | £943.41 | 128.55% | 20.11% |
North West | 0.04 | 807.60 | £1 | 20.19% |
Assuming that in the future you want to re-sell the house you will eventually purchased in Blackden Heath you might be interested in the number of sales per month (6) that happen in the local housing market. Comparing this figure for Blackden Heath with the above table gives you a good understanding of the profitability of the area.
In Blackden Heath, what are the demographics like?
The city of Blackden Heath, situated in Cheshire, is a particularly impressive part of the UK because of the specific demographics of the location.
In the below headings, the city of Blackden Heath 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 Blackden Heath. So, taking a good look at the data is essential to understand the area you are considering to buy in.
Is there sufficient green space in Blackden Heath?
In the city of Blackden Heath, there are 14 acres of green space per 1000 residents.
The charity, ‘Fields in Trusts’ recommends a minimum of 6 acres of green space per 1000 people so it is easy to see where Blackden Heath is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.
In Blackden Heath, what is the crime rate?
The crime rate of Blackden Heath 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 4700%, 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 (4700%) is both useful and is recommended to be compared to the average.
In Blackden Heath, what are the deprivation levels like?
The deprivation levels of the UK can vary quite a bit. High deprivation levels signal a particular area has people who are struggling to make ends meet and pay for basic living expenses. For Blackden Heath, in particular, the deprivation levels are £0.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
How much do people in Blackden Heath earn?
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 Blackden Heath. Compare the area’s average household income of £49,300.00 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 45% for more conclusive data on the affluence of the area.
In the city of Blackden Heath, has the population grown or shrunk?
In total, the number of people in Blackden Heath is 9303. 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 Blackden Heath, depending on where exactly you are.
How has Blackden Heath 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 Blackden Heath has changed by 3%. 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 3% 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 Blackden Heath?
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 Blackden Heath 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.
In Blackden Heath, what is the 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 Blackden Heath 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 Blackden Heath, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 45%.
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 the education level of Blackden Heath important when buying a house?
Interestingly, the percentage of people who have a degree in the city of Blackden Heath is 39%. 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 Blackden Heath is £49,300.00.
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.
FAQ
If you are a landlord, should you renovate a property in the city of Blackden Heath?
Every single month in Blackden Heath, there are 6 planning applications, of which nan result in a success. Look at this in terms of the population size of 9303 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 Blackden Heath?
The city of Blackden Heath sees around 6 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 annual population shift in a city such as Blackden Heath?
To work out how the population of Blackden Heath has changed over time, you can look at the population change over a decade which is 5% and the change in a five year period two which falls at 3%. 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 is the asking price for houses for sale in the wider region of Blackden Heath?
In Blackden Heath, the mean asking price per square foot for a house is currently £0, based on the average value per square foot
Is investing in a house for sale in Blackden Heath a financially demanding choice?
Calculate if a property is on the pricier side by matching a listed house for sale against the mean selling prices. In Blackden Heath, this value is £334,111, compared to the UK’s average of £286,500.
0 Comments