As a landlord, whenever you are looking at houses for sale in West Yorkshire, you could find varying prices throughout an area like Clayton. In this article, this data will be simplified so you can find all of the data on one, convenient page.
So, from the rental yield of Clayton to the success you may expect to get when submitting planning permission. Everything you need to know about house for sale in the UK and in Clayton will be revealed. Keep reading.
Professional advice for houses for sale in Clayton
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
Invest in a house for sale that meets your demands
What parameters impact the final price of a house for sale in Clayton?
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.
In Clayton, what are the demographics like?
Do the people of Clayton get to enjoy green space?
There are cities in the UK such as Edinburgh and Bristol that have a higher percentages of green space with Edinburgh being the most at 49%. The city of Clayton currently has 24 for every 1000 residents.
Green space helps the quality of people’s mental health as well as fight against diseases like obesity. As studies have shown that the proximity of people to green spaces in the UK has a positive impact on the physical health of people in the UK and Clayton in this case.
In Clayton, what are the deprivation levels like?
Deprivation levels refer to the ability of the population of the city to earn enough to keep their lifestyle going. Nationwide, it is thought that the number of people at this level or not being able to meet the costs of living is around 33%. In comparison, the deprivation level of Clayton is £0.
For the city of Clayton, what is the education level?
Interestingly, the percentage of people who have a degree in the city of Clayton is 33%. 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 Clayton is £44,100.00.
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.
What is the population of Clayton?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Clayton if 34309 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 Clayton such as rental yield or house appreciation.
How has the population size of Clayton adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Clayton by 2%. 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 2% 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 Clayton?
In the last decade, the population of Clayton has been adjusted by 6%. 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’s crime like in Clayton?
For the city of Clayton, crime rate is at 4800%. So for every 1000 people in the area, 4800% 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.
In the city of Clayton, the demographics are unique and must be looked at by themself to make a conclusion about the area before buying a house. This is because the growth could be greatly different to the wider area of West Yorkshire for example.
These demographics for Clayton may impact the price of a house, how this house grows over time and the profitability of a house if you are buying it for an investment so knowing the area is crucial for a landlord making a purchasing decision in the city of Clayton in North West.
What salary does the community in Clayton take home?
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 £44,100.00.
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 Clayton this figure is 31%.
What is the social grade score of Clayton?
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 Clayton, 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 £44,100.00. This income will generally get bigger as the percentage of people in the A and B categories go up too (31%).
What is the final sale price of a house in Clayton?
In Clayton, houses for sale are sold at an average of £234,711. In general, multiple factors impact this figure because lots of variables impact properties valuation. This can include the quality of the buildings in general, whether the population has grown, if there is demand for housing or if there is a low crime rate which would make the area more desirable.
In the table below, you can see for yourself how the average price of a house for sale looks based on the different sizes of housing in Clayton. The exact amount of variation between the types of housing depends on the local demand for particular types of houses in the area.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£326,463|
|Aerage sold price (semi-detached)||£186,135|
|Aerage sold price (terraced)||£161,502|
|Aerage sold price (flat)||£114,136|
As you can see above, for Clayton, price varies based on the type of house that is being sold. If these prices shock you it could be due to population change in the last 10 years of 6% where lots of movement may inflate or deflate house prices.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£2,300|
|Aerage sold price/sqft (new build)||£2,570|
|Aerage sold price/sqft (old stock)||£2,180|
Looking at the second table about Clayton, you are able to tell which type of housing is most affordable to you as a buyer. However, for a general overview of what house price is, the average price per square foot for a house in Clayton is £2,630.
On average, what is the figure for the asking price of a house for sale in Clayton?
The average asking price for the houses for sale in the city of Clayton
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£190,386|
|Average asking price (3 bed)||£298,085|
|Average asking price (4 bed)||£418,287|
|Average asking price (5 bed)||£634,997|
Based on this table, hopefully, you will be able to tell what type of house for sale is the most suitable for your budget. You can also consider the average asking price per square foot (£2,960) for houses for sale with this table to get a good idea as to whether Clayton is the right area to buy a house in for you.
When speaking about the city of Clayton, £324,213 is the asking price for a house for sale.
We have compiled a table of data so you can know the asking prices of the specific size of home you’re most interested in. As you can imagine, a family looking to move out with children in Clayton would be after a larger house than someone living alone.
The data is in fact very different compared to the number of rooms you’re interested in having in your home and the asking price also tends to go up in staggering amounts as you add rooms.
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 Clayton, examine this short list of cities below from outside of the region of North West for some inspiration.
- blantyre in North West
- st-quivox in North West
- ashfield in North West
- thames-ditton in North West
- beck-side 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.
Always consider average rental yield when searching for houses for sale in Clayton
What is the growth in the housing market of Clayton?
Before making an investment and move forward with buying a house for sale, another important set of data an investor should analyse is the growth trends of the area in question.
Below are the forecasted growth rates for the city of Clayton at 1 year, 3 year and 5 year intervals:
|1 year||3 years||5 years|
|Clayton growth rate||2%||22%||24%|
Examine this figure carefully as the addition of a lot of new houses to meet demand could mean that house price of the houses for sale in Clayton gradually reduces with an increase in the housing supply. This could be a good indicator to understand if your house will appreciate or not. Too many houses and too much supply could drive down the prices of homes or stagnate them. So be sure to check out what is exactly happening in Clayton.
You may have heard of rental yield as being important for investors who wish to make a sizable profit on their rental properties. If this sounds like you and you’re looking to invest in a house currently for sale and collect rental income in Clayton this statistic is what you were looking for.
Data should also be compared to the broader region of the UK (North West) alongside West Yorkshire then looked at with other statistics like the area’s rent and the turnover of sale of the houses in question. It could be that an investor prefers to make a profit on the sale of a house rather than the rental income and optimal properties for this investment varies throughout Clayton.
This decision is made differently depending on the investor’s tolerance for risk, investing strategy, the location they’re investing in and their overall goal for buying a house currently listed for sale.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Clayton||£0||£763||no relevant data for this city||£0|
As you observe table above, it could be valuable to contrast these figures with other pieces of data relevant to the process of buying like the crime rate or the appreciation of houses for sale in Clayton.
As you can tell, the best conclusions are drawn when the buyer of a house for sale looks at all the data involved holistically and doesn’t make quick decisions based on one or two pieces of data. As an example, comparing the data with the number of property sold per month (23) will be useful.
Do properties in Clayton offer renovation potential?
Clayton is likely to be a great place for revamping property if there is a lot of greenlit planning permission. The are 23 each month, attaining a success rate of 90% and a total population of 34309. You can find out if this is above or below similar areas in the UK by comparing it to a nearby place
On a monthly basis, how many property transactions take place in Clayton?
In Clayton, 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.
In a city like Clayton, what’s the yearly fluctuation in population?
When evaluating the population trajectory of Clayton, explore the decade-spanning population shift of 6% and the five-year modification of population of 2%. By drawing comparisons, see if demographic changes in your chosen area is
What are the asking rates for houses for sale in the surrounding area of Clayton?
The average asking price of a house in Clayton is currently £2,960 based on the average price per square foot.
Is investing in a house for sale in Clayton a financially demanding choice?
Ascertain the costliness of a property by examining a listed house for sale in relation to the prevailing average selling prices. In Clayton, this stands at £234,711, whereas the UK’s mean is £286,500.