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Ordsall – 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 $ Ordsall – What to look for in houses for sale?

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As a landlord, whenever you are looking at houses for sale in Greater Manchester, you could find varying prices throughout an area like Ordsall. 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 Ordsall 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 Ordsall will be revealed. Keep reading.

On average, what is the figure for the asking price of a house for sale in Ordsall?

Average price of houses for sale in Ordsall

Average asking price (1 bed) £175,767
Average asking price (2 bed) £230,868
Average asking price (3 bed) £269,579
Average asking price (4 bed) no relevant data for this city
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 £3,710. 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 Ordsall has a lack of supply of housing in certain categories.

When investors make offers for houses for sale in Ordsall, the average price asked by the homeowners works out to be £220,414.

In the table below, for all the different sizes of houses in the area, the average asking prices have been displayed. This tells you what kind of house is more or less expensive and sought after despite houses with fewer bedrooms being overall less expensive anyway.

Any house that looks like it is overpriced for the number of bedrooms it has in Ordsall is typically not overpriced. It is just the case that that type of housing has a higher demand, therefore, people are willing to pay more.

Are you considering other cities with houses for sale?

We have prepared a list of cities that are entirely dissimilar to the region of North West, perfect if you are looking for somewhere similar to Ordsall but want to relocate to a different region entirely. You should then be able to evaluate the different houses for sale listed in the region:

Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.

Invest in a house for sale that meets your demands

Find here below a list of criteria that we suggest you consider before looking for houses for sale in Ordsall

  • affordability – the UK gov website comes in helpful when you want to understand (see what house for sale you can afford)

  • Geographic Location – the county and region across the UK you are considering to invest in are crucial factors to consider when browsing houses for sale.

  • Transport network of the house for sale – Hopefully, the pandemic stays in the past. Therefore, working from home may become less predominant than a couple of years ago. Check the commuting time of the house for sale you are considering buying.

  • Bedrooms in the house for sale – are you looking for houses for sale for yourself, for a couple or for the whole family? This condition will narrow down the number of houses for sale relevant to buy.

  • EPC of the house for sale – today more than ever, the energy performance of the properties for sale on the market should be one of the first things you check.

  • Broadband speed – having a good internet connection is crucial nowadays. Always check the available subscriptions available for the areas of the house for sale you want to purchase

  • Are you a car owner? – if yes, you will have to check for parking availability of the house for sale. Does it come with a garage included in the price?

  • Conservation areas – when browsing for houses for sale, we suggest you take a look at the National Heritage list. When a house for sale is included it means that it is not possible for the future homeowner to make changes to the property, both inside and outside.

  • 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.

Get professional help on the houses for sale in Ordsall

Choosing the perfect house for sale for you might be challenging in today’s market due to the abundance of available houses.
You may wonder who can guide you through the process of selecting a house that is for sale.
There are several experts that provide guidance and support to potential buyers and the procedure can be drawn out, particularly when dealing with houses for sale.

Here is a list of who to contact to get assistance when purchasing a house for sale:

  • Banks – The ones that can lend you the money you need for the house for sale
  • Insurance companies – Companies that give you access to various insurances specific to the house for sale you are considering to buy
  • Solicitor – The individual or business responsible for handling the legal tasks required to purchase a home that is for sale.
  • Civil engineer – Provides you with an appraisal of the house up for sale that you want to purchase.
  • Mortgage advisor – Professional advisors that will guide you and propose the best mortgage deals according to your finances
  • EPC specialist – Getting professional advice on the energy performance of the house for sale is crucial, especially nowadays.

How are rental yields of the houses for sale different to the rest of the UK in Ordsall?

Are there new houses being built in Ordsall to make it grow?

Before committing to Ordsall 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
Ordsall growth rate -17% 1% -3%

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 Ordsall is building housing to find your answer.

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 Ordsall, 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 Greater Manchester, to give a smaller scale area to compare the data to.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Ordsall £0 £1,100 £1 £0
Greater Manchester 4.70% £930.05 128.44% 21.10%
North West 0.04 807.60 £1 20.19%

Assuming that in the future you want to re-sell the house you will eventually purchased in Ordsall you might be interested in the number of sales per month (12) that happen in the local housing market. Comparing this figure for Ordsall with the above table gives you a good understanding of the profitability of the area.

What are the people like in Ordsall?

How much are those living in Ordsall 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 (15%). 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 Ordsall, this works out to be £37,700.00. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.

How deprived is the population of Ordsall?

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 Ordsall should give you a nice idea of the deprivation in the area.

What is the population of Ordsall?

Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Ordsall if 14500 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 Ordsall such as rental yield or house appreciation.

How has the population size of Ordsall adjusted in the last 5 years?

In the previous five years there has been a change in the number of people of Ordsall by 7%. 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 7% 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 Ordsall?

In the last decade, the population of Ordsall has been adjusted by 13%. 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.

In Ordsall, what is the social grade score?

The social grade of a city is useful when searching for a house for sale because it tells you what kind of jobs people have in the area. For example, there could be a lot of skilled manual workers or there could be a lot of pensioners and people on benefits.

The scale goes from a social grade of an A who are high managerial, administrative or professional workers to an E where people in this category are on state pensions, casual workers or unemployed on state benefits. The number of people in Ordsall in grades A or B which are the highest skilled roles in the country is 15%.

Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £37,700.00 is the average household income of the area. You can see how this figure is congruent with the number of people in the top two categories of the social grade at 15%.

What is the education level like in Ordsall?

In the city of Ordsall, 28% 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 Ordsall is £37,700.00.

This should correspond with the average percentage of people in the UK who have degrees at 22.6%.

In the city of Ordsall, how much green space remains for residents?

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 Ordsall, the city has 9 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 Ordsall.

The city of Ordsall, situated in Greater Manchester, is a particularly impressive part of the UK because of the specific demographics of the location.

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

Is the crime rate bad in the city of Ordsall?

For every one thousand people living in Ordsall, 100% commits crimes and are prosecuted. Coming to a conclusion as to whether all the other factors of your house purchase like the house price justify this figure when contrasting it with the UK average of 79.52 is something you should do as a homeowner.

It could be that the crime rate is higher than you expected but there it is worth the population growth, appreciation of the house and worth the relative price you are purchasing the house for.

Nonetheless, the crime rate of 100% is not a statistic that should just be ignored as you could have to pay more for things like home insurance and install additional security on your house if the rate is particularly high.

Either way, burglaries are not something you would want to encounter in a house. Whether that be a house you are living in or a house you are renting out to tenants.

In general, for the city of Ordsall, what are the final purchase prices for the houses for sale?

In Ordsall, houses for sale are sold at an average of £186,360. 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 Ordsall. 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) no relevant data for this city
Aerage sold price (semi-detached) £175,700
Aerage sold price (terraced) £160,875
Aerage sold price (flat) £183,694

As you can see above, for Ordsall, 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 13% where lots of movement may inflate or deflate house prices.

Housing category Sale price per square foot
Aerage sold price/sqft £3,010
Aerage sold price/sqft (new build) £3,420
Aerage sold price/sqft (old stock) £2,070

Looking at the second table about Ordsall, 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 Ordsall is £3,360.

Frequently Asked Questions

Do properties in Ordsall offer renovation potential?

Ordsall is likely to be a great place for revamping property if there is a lot of greenlit planning permission. The are 2 each month, attaining a success rate of nan and a total population of 14500. You can find out if this is above or below similar areas in the UK by comparing it to a nearby place

What’s the number of property sales each month in Ordsall?

The city of Ordsall sees around 12 property transactions every month, while the nationwide figure for the whole of the United Kingdom stands at roughly 1.1 million property sales.

In a city like Ordsall, what’s the yearly fluctuation in population?

For a comprehensive analysis of Ordsall’s population trends, observe the population fluctuation over a decade, indicated by 13%, and the five-year alteration represented by 7%. Perhaps also look at data from another nearby city too so you can see a comparison.

What are the asking rates for houses for sale in the surrounding area of Ordsall?

The average cost per square foot for a house in Ordsall is presently £3,710.

Is purchasing a house in Ordsall considered a costly decision?

To assess the affordability of a property, locate a house for sale and contrast it with the mean selling prices. In Ordsall, the value is £186,360, whereas the UK’s mean is £286,500

Find an estate agent where you’re looking to buy in Ordsall

When buying, having the right expertise when navigating Ordsall and the property market can be a great advantage. So, don’t make things harder for yourself and tackle a home purchase on your own. Browse our list of reputable estate agents below to help you on your house hunt!

Name of the Agent Phone Number Address Email Address
SLOEGRIN LIMITED 4401617459167 50 LIVERPOOL ST Fahed Zahran (fahed@sunbrightproperty.com)
V Properties 441618391680 GLEN WYVIS BELLFIELD RD Michael Votaw (michael.votaw@vpropertiesuk.com);Leanne Southern (leanne@vpropertiesuk.com);Chloe Dong (chloe@vpropertiesuk.com);Vincent Cheng (vincent@vpropertiesuk.com)
Park Lane Property Group 441615069304 Downtown, Wooden Street, Manchester, M5 4YH nan
Sun Bright Property Ltd 441615069876 Unit 1 Albert Mill, 41-45 Oldfield Road, Salford, M5 4GT Phone number only
nan nan nan nan

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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