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 Dallam, Cheshire.
From the average asking price of houses for sale in Dallam to the growth of the population in the area, all will be talked about regarding the city of Dallam. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
In Dallam, what is the asking price in general for a house for sale?
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 Dallam 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 £197,217.
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 Dallam.
The average asking price for the houses for sale in the city of Dallam
| Average asking price (1 bed) | no relevant data for this city |
| Average asking price (2 bed) | £143,254 |
| Average asking price (3 bed) | £213,320 |
| Average asking price (4 bed) | £276,611 |
| 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 Dallam has a lack of supply of housing in certain categories.
Are there any important statistics about the population of Dallam?
The city of Dallam, 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 Dallam 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 Dallam. So, taking a good look at the data is essential to understand the area you are considering to buy in.
What is a social grade score and how does this relate to Dallam?
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 Dallam 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 Dallam, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 14%.
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 |
In the city of Dallam, has the population grown or shrunk?
The city of Dallam has a total population of 40,666. Large population sizes can be good to show there is a high demand for people to buy houses in the area but a better indication is if the population of Dallam is growing.
A small population city can also have high prices of houses for sale, because, if there is a growing population, and demand is still high, this could mean the house prices are pushed up.
Either way, a population must also be looked at in terms of the appreciation of the area as well as the rental yields and if the area really meets your needs.
The five year population change of Dallam
Over time, in the last five years, the population of the city of Dallam has changed by 1%. This figure can tell you a lot because a growing population indicates a house is likely to appreciate. Read more here
In addition, looking at the 10 year figure for population growth in the below paragraphs can give you further evidence as to what the change in population has been for a longer period of time. As a result, you’ll know if this 1% population change is something that has been there for a while or if it is a new trend. Click here to know more on the UK population trends.
What is the difference in population over the last 10 years in Dallam?
In the last 10 years, there has been a shift in the population of 4%.
Comparing this to the 5 year figure of Dallam can tell you if there is a long history of population growth or decline, if there are population fluctuations or if the trend is stable.
New industries opening up in the area, the addition of new jobs and also international and national migration might all be reasons for changes in population size. Resulting in people moving in or leaving an area.
A good example of a quick change in population was in Stratford, London in 2012. Here, there was an increase in government spending in the area because of the Olympics which resulted in massive population growth.
Is the city of Dallam deprived?
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 31% for Dallam should give you a nice idea of the deprivation in the area.
In Dallam, how educated are people in general?
In the city of Dallam, 17% 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 Dallam is £35,700.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
How much do people in Dallam earn?
While not always the case, the amount people earn can be associated with better schools in the area and perhaps a nicer environment to live in.
£35,700 is the average household income of the area. And the higher this figure is the more likely it is that there is a higher percentage of people with a social grade score in the A or B categories which is 14% for Dallam.
In Dallam, what is the crime rate?
The crime rate of Dallam 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 130, 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 (130) is both useful and is recommended to be compared to the average.
In the city of Dallam, is there a lot of green space?
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 Dallam, 10.2 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 Dallam.
In general, what do houses for sale sell for in Dallam?
In Dallam, houses for sale are sold at an average of £147,365. 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 Dallam. 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) | £255,923 |
| Aerage sold price (semi-detached) | £151,637 |
| Aerage sold price (terraced) | £112,011 |
| Aerage sold price (flat) | £92,845 |
As you can see above, for Dallam, 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 4% where lots of movement may inflate or deflate house prices.
| Housing category | Sale price per square foot |
|---|---|
| Aerage sold price/sqft | £1,810 |
| Aerage sold price/sqft (new build) | £1,550 |
| Aerage sold price/sqft (old stock) | £1,710 |
Looking at the second table about Dallam, 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 Dallam is £1,810.
Always consider average rental yield when searching for houses for sale in Dallam
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.
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 in to all the details of Dallam.
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 (Cheshire) as well as the broader region; North West.
| Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
|---|---|---|---|---|
| Dallam | 4.4% | £722 | 140% | 30.0% |
| Cheshire | 3.58% | £943 | 128.55% | 20.11% |
| North West | 4.36% | £808 | 120.36% | 20.19% |
Also, you can compare other data to the table above such as the number of houses sold per month in Dallam which is 27 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 Dallam is to invest in. Both in terms of rental yield and capital appreciation.
In Dallam, how has the number of houses changed?
Before committing to Dallam to make a housing investment, an investor should always ask the question, what is the growth like in the area?
So take a look below at the growth patterns of the previous years displaying the percentage of new houses being built. This will help you understand how the number of houses for sale will evolve in the future.
| 1 year | 3 years | 5 years | |
|---|---|---|---|
| Dallam growth rate | 10% | 28% | 43% |
Whether housing growth actually changes the price of a house depends on if the city in question is outstripping demand with the supply of new housing. You’d have to do some more research on what rate Dallam is building housing to find your answer.
Who can help you buy a house for sale in Dallam?
Who should you talk to while going through the process of making an offer on a house for sale?
Several experts specialise in giving advice to property investors or to first time potential buyers.
Since the process of finding the right house for sale can take months, you have all the time to consult with the experts you might need.
Find here a list of those you should contact to get professional guidance and assistance when purchasing a house for sale:
- Lender – This practitioner can lend you money to finalise a house purchase
- Insurer – Insuring companies will provide you with the insurance policy you need to protect the house for sale you want to buy
- Legal representative – This professional is usually there to handle all the legal tasks associated with purchasing a home for sale.
- Surveyor – Carries out and independent valuation on the house for sale based on its conditions. It is very useful to understand the correct price before making an offer
- Mortgage specialist – Mortgage advisors works on commissions. They will get a cut from the bank and will guide you with offering the best deals given your financial situation
- Energy assessor – We strongly suggest you to invest in a professional assessment of the Energy Performance of the house for sale you want to purchase
houses for sale in other cities in the UK
Examine this short list of cities belonging to North West, the same region where Dallam is located.
- Ditton in North West
- Ambleside in North West
- Fleetwood in North West
- Cleator-Moor in North West
- Asby in North West
If none of these is of your interest, we suggest you visit our landing page with all data related to the houses for sale in the UK.
A house for sale appropriate to your needs
What parameters impact the final price of a house for sale in Dallam?
Here below is our list with the most important ones:
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House for sale affordability – check out the (see house affordability guide)
on the UK gov website to know more
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House Location – the actual location of a house for sale drastically changes the final price of a property
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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.
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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.
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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.
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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
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Do you drive to the office? – If yes, ask about parking. Is it included in the house price?
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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.
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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.
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