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Bostock Green – 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 $ Bostock Green – What to look for in houses for sale?

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Whenever looking for a house for sale in the UK or in Bostock Green, it is vital you look at the market trends and house price fluctuations in the wider area of Cheshire too. House prices of houses for sale can change even among different streets very close to each other so, as a landlord, it would be a good idea to be familiar with the area of Bostock Green.

In this article, we will be looking at the city of Bostock Green in detail so you know how to navigate the area and have a better understanding on where to invest.

Finding the ideal house for sale for you

What parameters impact the final price of a house for sale in Bostock Green?
Here below is our list with the most important ones:

  • House for sale affordability – check out the (see house affordability guide)

    on the UK gov website to know more

  • House Location – the actual location of a house for sale drastically changes the final price of a property

  • Transports you can reach by foot – Commuting is part of our lives, especially in big cities, check it out before buying a house for sale.

  • Number of bedrooms – Usually, the bigger the house for sale the more bedrooms it will have. For example, if you are a single person (or a couple) one bedroom will do.

  • Energy Performance Certificate of the house for sale – Bad EPCs can result in thousands of pounds more in bills you will have to pay on an annual basis. Consider this when purchasing a new property.

  • Internet connection – Having a quick internet connection is fundamental nowadays. Check the area of the house for sale to understand what the average internet speed is and see if it fits your needs

  • Do you drive to the office? – If yes, ask about parking. Is it included in the house price?

  • Special areas – Start by taking a look at the National Heritage list by the UK government. If a house listed for sale appears in the list, the future landlord won’t be able to invest in changes to the real estate asset.

  • Houses for sale Conditions – When looking for houses for sale you should always consider the amount of time and money you will have to invest to complete the needed repairs, if any at all.

Who can help you buy a house for sale in Bostock Green?

In today’s market with an abundance of homes available for sale, choosing the best house for sale can be challenging.
With several houses for sale to choose from, who will guide you through the process of choosing?
We have listed here below several experts and companies able to advise and support potential buyers.

The process of finding and investing in a house for sale can be lengthy and time-consuming, this is why we suggest you consult with the following professionals:

  • Banks – Lend you the cash
  • Insurance companies – Insure your new real estate investment
  • Conveyancer – handles all the legal labour that is needed to proceed in buying a house for sale.
  • Surveyor – Carries out an independent and complete property valuation of the house for sale
  • Mortgage advisor – If you are thinking to get a mortgage to get the finances needed to afford to buy a house for sale, a mortgage advisor is the person you should be looking for
  • EPC person – Always get a quote on the Energy Performance Certificate of the houses for sale listed in a certain city

In Bostock Green, what is the asking price in general for a house for sale?

The average asking price for the houses for sale in the city of Bostock Green

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £162,982
Average asking price (3 bed) £223,827
Average asking price (4 bed) £344,238
Average asking price (5 bed) no relevant data for this city

After looking at this table about prices of houses for sale in Bostock Green, 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 £0 will help them to have a more holistic understanding.

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 Bostock Green is £236,472.

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 Bostock Green is useful when negotiating and knowing what to expect for every type of house for sale.

Are there any important statistics about the population of Bostock Green?

In Bostock Green, what are the deprivation levels like?

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 Bostock Green 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.

What is the social grade score of Bostock Green?

In the city of Bostock Green, the social grade score of the area is 25%. But what does this exactly mean? The figure refers to the proportion of people in the two highest categories of skilled jobs.

The categories are grouped from A to E shown in the table below. Overall, a high social grade score means there are more affluent people working in managerial and professional roles in the area.

This table shows the average breakdown of the UK in terms of where most people in the UK are working so you can compare it to the social grade score of Bostock Green.

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 Bostock Green?

Within Bostock Green, the number of people committing crimes is 8200% 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 8200% figure carefully.

The city of Bostock Green, 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 Bostock Green 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 Bostock Green. So, taking a good look at the data is essential to understand the area you are considering to buy in.

What salary does the community in Bostock Green take home?

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 Bostock Green. Compare the area’s average household income of £44,400.00 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 25% for more conclusive data on the affluence of the area.

Is there sufficient green space in Bostock Green?

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 Bostock Green, the city has 9 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 Bostock Green.

In the city of Bostock Green, has the population grown or shrunk?

Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Bostock Green if 14790 and in the below heading how this population has changed will be broken down.

Like most data to do with houses, all data has to be considered holistically with multiple variables to determine if the population growth actually impacts the statistics that matter to you as a landlord in Bostock Green such as rental yield or house appreciation.

How has the population size of Bostock Green adjusted in the last 5 years?

In the previous five years there has been a change in the number of people of Bostock Green by 3%. Analysing this figure is a great way to tell if there is new demand for housing or not as a decreasing figure reduces the number of people who want to buy houses. Read more here

To compare this figure over a greater period of time, you could look at the figure for the 1 year population too and compare them. This way you can see if the population has changed recently or if this 3% change has historically occurred before. Click here to know more on the UK population trends.

Over the last 10 years, how has the population size adjusted in Bostock Green?

In the last decade, the population of Bostock Green has been adjusted by 5%. This growth may be as a result of factors like new industries employing people or emigration and immigration balancing out to create this population change.

A precedent that shows population change in this way over decades is the region of Greater London. The capital city has grown by 27% in the past 20 years. Population growth has caused house prices to go up to price523,666 on average.

What is the education level like in Bostock Green?

In the city of Bostock Green, 22% of people have degrees. In general, as the number of people who are highly educated goes up, the more likely they are to have the ability to buy houses as their annual household income goes up too.

So you can see for yourself, the average income for the people of Bostock Green is £44,400.00. This generally goes up with the education level of the area. Additionally, looking at the difference between the proportion of people with degrees and the UK average for this statistic (22.6%) should give you an idea of the affluence and education of the city.

A higher education level can therefore tell you if the house prices are likely to be high as the higher income level often results in people buying a bigger, more valuable house.

Having said this, whale education level can be a good factor to go by, there are also things like the rental yields, the population growth and social grades scores that can impact the value of a house and whether it will go up in value as time goes on.

In Bostock Green, what do houses for sale tend to sell for?

In Bostock Green, the average sale price of a house for sale is in fact £198,995. This is dependent on the 10 year population growth of Bostock Green being 5%. Growing populations are more likely to inflate the prices of houses for sale in the city of Bostock Green.

Housing category Total final sale price
Aerage sold price (detached) £248,773
Aerage sold price (semi-detached) £161,238
Aerage sold price (terraced) £131,490
Aerage sold price (flat) £111,617

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 Bostock Green.

Housing category Sale price per square foot
Aerage sold price/sqft £2,030
Aerage sold price/sqft (new build) £2,090
Aerage sold price/sqft (old stock) £1,950

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 £2,030. This means if you are just looking out the houses sold in Bostock Green in general and didn’t take into consideration the type of build. For example, a new build.

House for sale in a different UK region

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 Bostock Green 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.

Always consider average rental yield when searching for houses for sale in Bostock Green

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Bostock Green, 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 and how much you can charge for rent in your ast (assured tenancy shorthold).

In Bostock Green, how has the number of houses changed?

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 Bostock Green that shows the growth in recent years.

1 year 3 years 5 years
Bostock Green growth rate 3% 10% 21%

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 Bostock Green is important.

F.A.Q.

Do properties in Bostock Green have the potential for renovation?

If planning permissions are abundant in the vicinity of Bostock Green, it may look promising for landlords looking to renovate. With 4 getting approved on a monthly basis, and a success rate of nan, these prospects flourish against a population of 14790. A comparative analysis against other locations across the UK will lend you a good perspective of this data.

In Bostock Green, how many property sales per month are there?

In the city of Bostock Green, there are 14 and in the total for the UK, there are around 1.1 million property sales.

What’s the year-over-year population change in Bostock Green or similar cities?

To work out how the population of Bostock Green 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

How much are houses for sale priced at in the extended region of Bostock Green?

The current average price per square foot for a house in Bostock Green stands at £0, considering the mean cost for each square foot of houses for sale there.

Is a house for sale in Bostock Green an expensive choice?

To work out if you are looking at an expensive property, find a house for sale and compare it to the average prices sell for. In Bostock Green this number is £198,995 and in the average for the UK is £286,500. Also, make sure you don’t miss a crucial step by following our tutorial when buying a house

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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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