Dukinfield might be an interesting area to invest in when looking for a house for sale in the UK as it is a unique area in the county of Greater Manchester.
Before looking for a house for sale in the city of Dukinfield we strongly suggest landlords and real estate investors to research in detail and consider all involved factors. Indeed, house prices can change quite a bit depending on the square foot of the property, the number of rooms, the economic climate, the location of the house and more.
In this data heavy article the reader will be able to find out more on the topic and see the specific data to consider when evaluating different houses for sale in Dukinfield.
What’s the rental yield in general for the city of Dukinfield?
Are there new houses being built in Dukinfield to make it grow?
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 Dukinfield that shows the growth in recent years.
|1 year||3 years||5 years|
|Dukinfield growth rate||1%||30%||41%|
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 Dukinfield is important.
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. This is why it is common for landlords to increase rent using section 13, to maximise this yield, as it is so important.
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 into all the details of Dukinfield.
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 (Greater Manchester) as well as the broader region; North West.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Dukinfield||no relevant data for this city||no relevant data for this city||no relevant data for this city||£0|
Also, you can compare other data to the table above such as the number of houses sold per month in Dukinfield which is 16 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 Dukinfield is to invest in. Both in terms of rental yield and capital appreciation.
A house for sale appropriate to your needs
When browsing houses for sale in Dukinfield you should think about lots of different criteria:
House for sale affordability – visit the dedicated page of the UK government to understand (see what you can afford)
Location of the house for sale – the region and town you are considering to live in are crucial factors to consider before looking for houses for sale. In this article, we define lots of demographic factors that should help you make a decision.
House for sale transport links – even if working from home is becoming more and more predominant, we suggest you check the transport links the house for sale has.
Number of bedrooms in the house for sale – are you looking for houses for sale for the whole family or are you single? Always think about how many bedrooms you need and if that number might change in the future
energy performance of the house for sale – What is the EPC of the house for sale? Today more than ever, is important that you check the EPC rating of the real estate assets available for sale on the market.
Internet speed in the area of the house for sale – it is important to remember that internet speed is a consequence of two factors: your plan and the infrastructure available in the area. Always check these parameters before looking for houses for sale. Especially if you are renting the property as this will impact your business costs. Whether that be in an excluded tenancy agreement or a more common, assured shorthold tenancy.
Does the house for sale have parking – if yes, is it on-street or is the house for sale equipped with a garage?
Houses for sale in conservation areas – always check the National Heritage list. If a house for sale is part of this list it means that it might be impossible for you to make changes to the property’s internal and external structure.
Houses for sale Conditions – some properties, like new builds, need no repairs or works; other houses listed for sale may need some investment to restore them and some others may need a complete renovation. Someone looking for houses for sale should always think about how much time and money they are willing to invest to complete the needed repairs.
Thinking of a different city and perhaps a different location?
If you are looking for a list of cities that are different to the City of Dukinfield and in different UK region to North West. You might want to consider these as alternatives for your next real estate investment:
- camelford in North West
- aynho in North West
- adeney in North West
- boothstown in North West
- auchtermuchty in North West
Or, visit our dedicated page on the houses for sale data for the whole of the UK which will allow you to pick based on where you think you want to live or invest – houses for sale in the UK.
What is the final sale price of a house in Dukinfield?
As well as looking at the asking price for house for sale in Dukinfield, 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 Dukinfield.
Houses for sale, are sold on average in Dukinfield, after the influence of these factors, at £161,818 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 4% over the last 10 years.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£249,660|
|Aerage sold price (semi-detached)||£171,295|
|Aerage sold price (terraced)||£121,185|
|Aerage sold price (flat)||£86,025|
This table above shows the average sale price for each variation of houses for sale in Dukinfield.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£1,960|
|Aerage sold price/sqft (new build)||£0|
|Aerage sold price/sqft (old stock)||£1,840|
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 Dukinfield is £1,960.
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 Dukinfield 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 Dukinfield 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 £218,607.
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 Dukinfield.
Average prices for the houses for sale in Dukinfield
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£156,136|
|Average asking price (3 bed)||£230,976|
|Average asking price (4 bed)||£337,829|
|Average asking price (5 bed)||no relevant data for this city|
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 (£0) for houses for sale with this table to get a good idea as to whether Dukinfield is the right area to buy a house in for you.
Who can help you buy a house for sale in Dukinfield?
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
Are there any important statistics about the population of Dukinfield?
What is the city of Dukinfield’s social grade score?
In the city of Dukinfield and throughout the UK, the social grade score is assessed by observing what type of jobs people have and then grouping this into a grading system.
In general, the people at the top of the scale (the A category) have the highest paid, most skilled jobs and this is just 4% of the general UK population. On the lower end of the scale, people who are on benefits, state pensions and also manual workers all are grouped into this category that represents the most unskilled.
When trying to determine if the area of Dukinfield has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 12%.
Below, you can see how this compares to the National average as the average for the top two categories nationwide is 27% (Adding together the A and B categories)
|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 Dukinfield, how educated are people in general?
The number of people as a percentage who have been through university and gained a degree is 15%. The ability to buy a home is greatly influenced by the number of people who have degrees. £36,500.00 is the amount people in Dukinfield are earning.
As you can tell, this figure along with the number of people who have degrees roughly correlate. For reference, the percentage of people who have degrees in the UK is 22.6% and the average household income is.
As a general rule, the bigger the difference between this 22.6% figure and the percentage of people with a degree in Dukinfield, the bigger the difference in the ability to earn and hence buy a house. A higher number of degrees will increase the potential for people to earn and hence the buying power of the population. This will also push up the price of houses in the area.
Nonetheless, making accurate estimates for the appreciation of homes must be done with other pieces of data in mind such as the rental yields or perhaps the crime rate of the area to name some examples.
Are the deprivation levels of the UK any different to Dukinfield?
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 £0 for Dukinfield should give you a nice idea of the deprivation in the area.
In the city of Dukinfield, has the population grown or shrunk?
Population growth in Dukinfield is important to know if there is housing demand and the total population may also be looked at as large populations commonly have a lot of buyer demand.
In Dukinfield, 19475 people live in the city as their main place of residence.
It is important to note that it is not the case that everyone likes a large population to live in. People who tend to prefer a more relaxed life are more likely to buy or rent somewhere to live that has a small population and perhaps also wouldn’t mind if the population isn’t growing.
Other people also like to have a mix of both. Where they can visit rural areas and also benefit from the amenities of a busy city.
In Dukinfield in the previous five years, have population numbers transformed?
Five years may seem like a long time but it is rare for a city to grow that much unless there is dramatic population growth. In Dukinfield, this change has been 3%. Read more here
Someone who wishes to find out how this change has occurred over a longer period of time may also wish to read the headings below and see if the change has continued throughout the past decade too. Or if the change is only true for the more recent figure for five years of 3%. Click here to know more on the UK population trends.
Over the last decade, how has the population differed in Dukinfield?
Populations change all the time but if there is a clear change in population in the last ten years this is even more reliable data about the population of the area as opposed to five. This adjustment in population works out to be 4% in Dukinfield.
What this statistic is like in comparison to the population change in five years should provide you with a comprehensive understanding of what direction the population is heading in.
In recent years because of the pandemic, it is common to see dramatic differences in the population change in the last five years when comparing it to ten as people realise they can work from home but still keep the current jobs they have.
This means they can move to cities they wouldn’t have considered otherwise and be location-independent of their source of income. Perhaps making a longer commute into the office every week for example.
What’s crime like in Dukinfield?
Within Dukinfield, the number of people committing crimes is no relevant data for this city 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 no relevant data for this city figure carefully.
How much are those living in Dukinfield earning?
As earning potential goes up in a city, so does the quality of schools in the area, the general infrastructure and the social grade score (12%). All in all, the area becomes a more desirable place to live in.
This is why it is vital to pay attention to how much people are making annually in any city you plan on making a house purchase in. In Dukinfield, this works out to be £36,500.00. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
How much green space is available to residents of Dukinfield?
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 Dukinfield currently has 14 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 Dukinfield in this case.
Dukinfield within Greater Manchester is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Dukinfield will be looked at by comparing it to the local region, as well as comparing it to the wider region too (North West). From what the population of the city is to how it’s growing as well as factors like the overall crime rate.
This data is impacted by the history of the area and what kind of industry there is around. All of which also impact house prices which is crucial for you to understand as you look at houses for sale in Dukinfield.
Frequently Asked Questions
Do properties in Dukinfield offer renovation potential?
Amidst the urban landscape of Dukinfield, an intriguing figure for determining if a property can be renovated is the success of planning permission. The monthly total of planning applications in the area is 2 and on the other hand, there is a planning success rate of nan. It is also useful to take into consideration the population size of the area (19475).
What is the monthly count of property transactions in Dukinfield?
In Dukinfield, the monthly property transaction count reaches 16, a small percentage of the total house sales in the United Kingdom which equates to approximately 1.1 million.
In a city like Dukinfield, what’s the yearly fluctuation in population?
Calculating the evolution of Dukinfield’s population requires an examination of the population transformation over a decade, amounting to 4%, and the five-year adjustment at 3%. By contrasting these values, analyse recent changes in population to attain a thorough understanding of demographic trends and perhaps also look at house for sale data nearby
In the larger vicinity of Dukinfield, what is the cost of houses available for sale?
The current average price per square foot for a house in Dukinfield stands at £0, considering the mean cost for each square foot of houses for sale there.
Is purchasing a house in Dukinfield considered a costly decision?
Determine whether a property is expensive by comparing a list of houses for sale to the prevailing average selling prices. In Dukinfield, this figure stands at £161,818, while the UK average is £286,500.