Foxwist Green 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 Cheshire.
Before looking for a house for sale in the city of Foxwist Green 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 Foxwist Green.
Asking price in Foxwist Green for a house for sale
Table showing the asking prices for houses for sale in Foxwist Green
Average asking price (1 bed) | no relevant data for this city |
Average asking price (2 bed) | £146,160 |
Average asking price (3 bed) | £205,897 |
Average asking price (4 bed) | £311,313 |
Average asking price (5 bed) | no relevant data for this city |
After looking at this table about prices of houses for sale in Foxwist Green, someone who is buying a home would be able to know in great detail what kind of house for sale available on the market 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 wholistic understanding.
On average, in Foxwist Green, the asking price for a house for sale in the area is £220,073.
The below table puts this figure into perspective as you can see the various average sale prices of the different type of houses for sale in Foxwist Green. From a 1 bedroom house up to a 5 bedroom house.
As you can imagine, as the price goes up, the size of a room also goes up and in general, the larger a house is, the more you can expect the sale price to be as well.
What’s the rental yield in general for the city of Foxwist Green?
In Foxwist Green, how has the number of houses changed?
The growth of an area like Foxwist Green can be a great indicator of a thriving city and the influx of new people can drive demand for housing and help appreciate the value of your house after you buy it.
Paying attention to the table below tells you how the number of houses has changed over time at one year, three year and five year intervals.
1 year | 3 years | 5 years | |
---|---|---|---|
Foxwist Green growth rate | 3% | 6% | 11% |
Despite the number of houses being built rising, this may not indicate that the housing price of the houses for sale is going up. It could be the case that there are a lot of new builds in the area which are causing the supply of the houses for sale to match demand and this could cause a decline in house price as time goes on.
Make sure you do your own research specific to the city of Foxwist Green if you want to find out the exact reasons for the housing change.
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 Foxwist Green, 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) | |
---|---|---|---|---|
Foxwist Green | 4.0% | £736 | no relevant data for this city | 23.0% |
Cheshire | 3.58% | £943 | 128.55% | 20.11% |
North West | 4.36% | £808 | 120.36% | 20.19% |
Assuming that in the future you want to re-sell the house you will eventually purchased in Foxwist Green you might be interested in the number of sales per month (29) that happen in the local housing market. Comparing this figure for Foxwist Green with the above table gives you a good understanding of the profitability of the area.
In general, for the city of Foxwist Green, what are the final purchase prices for the houses for sale?
For the city of Foxwist Green, the average price a house sells for is £166,211. This value usually depends on the exact location of the house within Foxwist Green as well as other factors like the population growth in Foxwist Green which is 4% over a ten-year period.
Housing category | Total final sale price |
---|---|
Aerage sold price (detached) | £227,340 |
Aerage sold price (semi-detached) | £142,772 |
Aerage sold price (terraced) | £108,413 |
Aerage sold price (flat) | £89,957 |
The above table puts this figure into perspective as you can see the various average sale prices of a house for the specific type of house you’re most interested in. This comparison is important because the type of house you’re considering to buy may be more or less in demand based on variations in supply and demand in the city of Foxwist Green.
Housing category | Sale price per square foot |
---|---|
Aerage sold price/sqft | £1,830 |
Aerage sold price/sqft (new build) | £2,090 |
Aerage sold price/sqft (old stock) | £1,690 |
Generalising the bottom table, the average value per square foot of a house for sale is £1,830. This value averages all of the types of houses for sale in Foxwist Green. So, if you’re not sure what type of house you want specifically, you can still get an idea of the real estate market of Foxwist Green.
What kind of demographics does the city of Foxwist Green have?
What is the city of Foxwist Green’s 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 Foxwist Green 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 Foxwist Green, 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 |
Have the people of Foxwist Green grown in numbers?
The city of Foxwist Green has a total population of 31,399. 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 Foxwist Green 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 Foxwist Green
Over time, in the last five years, the population of the city of Foxwist Green has changed by 3%. 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 3% 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 Foxwist Green?
In the last 10 years, there has been a shift in the population of 4%.
Comparing this to the 5 year figure of Foxwist Green 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.
How much do people in Foxwist Green 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 Foxwist Green. Compare the area’s average household income of £38,800 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 14% for more conclusive data on the affluence of the area.
Is the city of Foxwist Green deprived?
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 Foxwist Green, in particular, the deprivation levels are 30%.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
What’s crime like in Foxwist Green?
The crime rate of Foxwist Green 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 128, 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 (128) is both useful and is recommended to be compared to the average.
Foxwist Green within Cheshire is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Foxwist Green 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 Foxwist Green.
How much green space is available to residents of Foxwist 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 Foxwist Green, the city has 9.0 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 Foxwist Green.
For the city of Foxwist Green, what is the education level?
In the city of Foxwist Green, 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 Foxwist Green is £38,800.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
Get professional help on the houses for sale in Foxwist Green
Choose the right house for sale that suits your needs
Many criteria impact the price of houses for sale in Foxwist Green.
Here below are the most important ones according to Lofti’s expertise:
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Affordability – (see what house for sale can you afford?)
A guide from the UK government
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House Location – The borough and region of the UK you want to invest in is an important factor to consider when looking for a home for sale.
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Transport – Commuting can be a waste of time. Minimise it by checking how long it will take from the house for sale you’re interested in, to your office before considering buying
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Number of bedrooms – The number of bedrooms goes hand in hand with the house for sale price. If you are buying for the long period try to think if you might need an extra bedroom
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Energy performance of the house for sale – The difference between an EPC rating of A and an EPC rating of G can impact your monthly utility bills, consider this when evaluating houses for sale.
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Internet connection – Being able to take video calls from your home is crucial nowadays, always check the broadband of the area when browsing houses for sale
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Car park – Ask the property seller for parking availability. If it is included in the price of the house for sale, you can justify paying more than you would at first glance
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Conditions of the house for sale – Repair works can be expensive and take a lot of time, assess the conditions of the houses listed for sale before making an official offer.
Other cities you can consider looking for with houses for sale
You can assess the various houses for sale offered in the area by consulting this list of cities in North West, the same UK region as Foxwist Green:
- Bryn in North West
- Bank-Fold in North West
- Dallam in North West
- Dukinfield in North West
- Adwalton in North West
You may also refer to our landing page specific to UK houses for sale, houses for sale in the UK
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
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