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New Brighton – 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 $ New Brighton – What to look for in houses for sale?

New Brighton 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 Merseyside.
Before looking for a house for sale in the city of New Brighton 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 New Brighton.

Why you should consider the average rental yield when searching for houses for sale in New Brighton

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 New Brighton, 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 Merseyside, to give a smaller scale area to compare the data to.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
New Brighton 3.4% £611 no relevant data for this city 20.0%
Merseyside 4.76% £735 120.31% 21.51%
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 New Brighton you might be interested in the number of sales per month (30) that happen in the local housing market. Comparing this figure for New Brighton with the above table gives you a good understanding of the profitability of the area.

Is the housing market in New Brighton growing?

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 New Brighton at 1 year, 3 year and 5 year intervals:

1 year 3 years 5 years
New Brighton growth rate 1% 19% 33%

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 New Brighton 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 New Brighton.

In general, what do houses for sale sell for in New Brighton?

In New Brighton, the average sale price of a house for sale is in fact £174,612. This is dependent on the 10 year population growth of New Brighton being 2%. Growing populations are more likely to inflate the prices of houses for sale in the city of New Brighton.

Housing category Total final sale price
Aerage sold price (detached) £272,879
Aerage sold price (semi-detached) £198,133
Aerage sold price (terraced) £137,913
Aerage sold price (flat) £112,917

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 New Brighton.

Housing category Sale price per square foot
Aerage sold price/sqft £1,560
Aerage sold price/sqft (new build) £1,710
Aerage sold price/sqft (old stock) £1,490

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 £1,790. This means if you are just looking out the houses sold in New Brighton in general and didn’t take into consideration the type of build. For example, a new build.

Are there any important statistics about the population of New Brighton?

The city of New Brighton, situated in Merseyside, is a particularly impressive part of the UK because of the specific demographics of the location.

In the below headings, the city of New Brighton 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 New Brighton. So, taking a good look at the data is essential to understand the area you are considering to buy in.

For the city of New Brighton, what is the education level?

Interestingly, the percentage of people who have a degree in the city of New Brighton is 26%. 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 New Brighton is £39,200.

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’s a social grade score and how does it relate to New Brighton?

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 New Brighton, the percentage of people in the two highest categories, A and B is 20%. 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 £39,200. This income will generally get bigger as the percentage of people in the A and B categories go up too (20%).

How much are those living in New Brighton earning?

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.

£39,200 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 20% for New Brighton.

Is there sufficient green space in New Brighton?

Whether you view green space in New Brighton as important to you as a homeowner is up to your personal preferences. Having said this, there is a clear benefit on the overall health of people who live near green space as the government has stated keeping green space in proximity to people is one of the biggest factors for combating obesity.

In New Brighton, the number of acres of green space for every 1000 people currently is 16.8 which can be measured against the UK average of 1.7.

In general, do people commit a lot of crime in New Brighton?

The crime rate of New Brighton 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 89, 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 (89) is both useful and is recommended to be compared to the average.

What does the population of New Brighton look like?

The city of New Brighton has a total population of 30,795. 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 New Brighton 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 New Brighton

Over time, in the last five years, the population of the city of New Brighton 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 New Brighton?

In the last 10 years, there has been a shift in the population of 2%.

Comparing this to the 5 year figure of New Brighton 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.

Are the people of New Brighton deprived?

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 New Brighton is 25% 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 are the asking prices for the houses for sale in the city of New Brighton?

Average asking prices for houses for sale in New Brighton

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £143,364
Average asking price (3 bed) £210,532
Average asking price (4 bed) £283,233
Average asking price (5 bed) £307,778

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 (£2,020) for houses for sale with this table to get a good idea as to whether New Brighton is the right area to buy a house in for you.

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 New Brighton 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 £215,762.

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 New Brighton.

Who can help you buy a house for sale in New Brighton?

Invest in a house for sale that meets your demands

What parameters impact the final price of a house for sale in New Brighton?
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.

Nowadays, there are so many properties on the real estate market that it can be difficult to decide which one is the best house for sale for you.
So, who can help you navigate the process of choosing a house for sale?
The number of professionals that offer real estate investors advice and assistance is broad and when it comes to dealing with houses for sale, the process can be complex.

Find here a list of those that can help when buying a house for sale:

  • Moneylender – lends you the sum of money you need to buy the house for sale you are looking for
  • Insurance agent – A firm that provides several insurances and protections for the house for sale that might become your future house
  • Solicitor – A person or company that will sort out the legal work needed before buying a house for sale
  • Civil engineer – Also called surveyor, he or she will provide you with an independent valuation of the house for sale you are willing to buy
  • Mortgage advisor – Realistically, you will need a mortgage in order to afford to buy a house for sale. Mortgage advisors will guide you and propose the best mortgage deals based on your financial records
  • EPC specialist – Especially nowadays, getting professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering buying is crucial

House for sale in the same UK region

Below are a list of towns with a similar location to New Brighton.
Reading these analysis will help you evaluate the different houses for sale currently listed in North West:

If you are interested in some other city or even region of the UK, please visit the following page houses for sale in the UK it contains all the data related to the houses for sale.

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