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Whenever looking for a house for sale in the UK or in Shevington, it is vital you look at the market trends and house price fluctuations in the wider area of Greater Manchester too. House prices of houses for sale can change even among different streets very close to each other so, as a landlord, it would be a good idea to be familiar with the area of Shevington.
In this article, we will be looking at the city of Shevington in detail so you know how to navigate the area and have a better understanding on where to invest.
houses for sale in other cities and regions in the UK
You can consult our list below that goes over a list of cities not necessarily in North West, allowing you to find similar places to Shevington:
- grangemouth in North West
- saltcoats in North West
- bow in North West
- caldy in North West
- broadsea in North West
You may also refer to our webpage specific to UK houses for sale to get an overview of the large number of cities in the area, houses for sale in the UK
What are the people like in Shevington?
How educated are the people in Shevington?
In the city of Shevington, 26% 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 Shevington is £41,400.00.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
Shevington in the county of Greater Manchester is notable for its specific demographics and has individual characteristics.
For localised cities and the bigger areas of the UK there are wide variations in the demographics that shape an area so the same is also true for the wider region Shevington is located in; North West.
Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Shevington, what the social grade score of the city is like and if the green space matches the recommended levels people living in the UK should have.
How much are those living in Shevington earning?
You may be wondering what the amount people earn has to do with house price. Well, house prices generally go up as people earn more not just because they can afford more valuable properties but also because good areas generally attract more desirable infrastructure. For reference, the average household income is £41,400.00.
This may be better schools, doctors and areas with lower crime rates. This results in a snowball effect which polarises different areas further, increasing the demand for housing in richer areas by a greater amount. And increasing the proportion of people with high social grade scores. For Shevington this figure is 0.24.
What is the population of Shevington?
In total, the number of people in Shevington is 39725. This figure can be used to estimate the appreciation of the houses but it is also important you look at the population growth figure in order to make this more accurate.
Whether a large population benefits you as a landlord is dependent on what you want from a home. A large population is great if you have children who prefer the bustle of crowds in cities but there are also those who purposely want to buy somewhere rural.
You may also be able to find a balance of both where there are shops, restaurants and entertainment and also rural areas all within a short distance which may be the case ni Shevington, depending on where exactly you are.
How has Shevington changed in the past five years?
Five years provides enough time for a city to grow dramatically. It may be the case that the population grows or shrinks but the city of Shevington has changed by 3%. Read more here
It is also helpful to compare this data to a longer time period like 10 years like in the below subheading. If the population trend of growth or decline has been there for a longer period of time you’ll be able to tell if 3% is a recent change or not.
Click here to know more on the UK population trends.
In the last decade, what is the difference in population in Shevington?
4% has been the population growth change in the past 10 years.
Usually, this is more of a conservative figure compared to the five year change of a city.
Industrial changes can also be the reason for this shift but it could also be due to immigration or emigration. Bringing people in or out of the area.
The recent global pandemic has also shifted the number of people living in cities as people realise they can now work remotely. It may be that the people of a Shevington have seen a more desirable way of working, moving to make themselves more comfortable in their careers.
For example, the population of the South west of England has seen a massive increase in population because workers want to move there to benefit from the slightly better weather, lower house prices and also the rural area. Nonetheless, they can also benefit from travelling to the capital city of the UK, London.
Is the city of Shevington deprived?
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Shevington, currently, £0 people fall into this category.
Measuring this statistic against the nationwide average of 33% should give you a pretty good idea of where the city lies in the scale of poverty in the area.
In the city of Shevington, is there a lot of green space?
In the city of Shevington, there are 6 acres of green space per 1000 residents.
The charity, ‘Fields in Trusts’ recommends a minimum of 6 acres of green space per 1000 people so it is easy to see where Shevington is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.
In general, do people commit a lot of crime in Shevington?
The crime rate of Shevington 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 6, 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 (6) is both useful and is recommended to be compared to the average.
What is the city of Shevington’s social grade score?
In the city of Shevington 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 Shevington has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 0.24.
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 general, for the city of Shevington, what are the final purchase prices for the houses for sale?
For the city of Shevington, the average price a house sells for is £183,993. This value usually depends on the exact location of the house within Shevington as well as other factors like the population growth which is 4% over a ten-year period.
Housing category | Total final sale price |
---|---|
Aerage sold price (detached) | £281,671 |
Aerage sold price (semi-detached) | £161,497 |
Aerage sold price (terraced) | £116,601 |
Aerage sold price (flat) | £120,975 |
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 Shevington.
Housing category | Sale price per square foot |
---|---|
Aerage sold price/sqft | £2,010 |
Aerage sold price/sqft (new build) | £2,350 |
Aerage sold price/sqft (old stock) | £1,800 |
Generalising the bottom table, the average value per square foot of a house for sale is £2,010. This value averages all of the types of houses for sale in Shevington. 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 Shevington.
Bear in mind that if you are a landlord looking to buy a property to rent, you will also run into other expenses like letting agent fees and the cost of listing your property for sale on Rightmove in your city.
Finding the ideal house for sale for you
When browsing houses for sale in Shevington you should think about lots of different criteria:
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House for sale affordability – visit the dedicated page of the UK government to understand (see what you can afford)
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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.
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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.
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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
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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.
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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.
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Does the house for sale have parking – if yes, is it on-street or is the house for sale equipped with a garage?
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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.
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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.
Invest in houses for sale in Shevington with the right professional advice
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.
Asking price in Shevington for a house for sale
When investors make offers for houses for sale in Shevington, the average price asked by the homeowners works out to be £208,877.
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 Shevington 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.
The average asking price for the houses for sale in the city of Shevington
Average asking price (1 bed) | no relevant data for this city |
Average asking price (2 bed) | £150,842 |
Average asking price (3 bed) | £204,024 |
Average asking price (4 bed) | £357,222 |
Average asking price (5 bed) | no relevant data for this city |
Reading the table above should therefore give you a good idea of the type of house for sale that is within your budget in Shevington and if you may need to look at a different area in order to buy the type of house you can afford.
Also, noting the £0 should also give you an overview of what the asking price for houses for sale are in general.
Always consider average rental yield when searching for houses for sale in Shevington
Let’s consider that you’re not looking to buy a house for sale to live in for the long term future such as if you changed location with your family and want to settle down and you want to find somewhere to buy as an investor in Shevington. If this is the case, rental yield is a crucial statistic to consider.
If looking to invest, you should also consider other data about the area. The average rental income, the turnover of the sale of the house and what the net rental yields are like for the area do also have an impact on the final price of houses for sale in Shevington.
It is clear to see from the table below that there is a difference between all of these pieces of information and how they can be compared and contrasted on a county level (Greater Manchester), a regional level (North West) and finally on the level of the city talked about in this article, Shevington.
Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
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Shevington | £0 | £632 | £1 | £0 |
Greater Manchester | 4.70% | £930.05 | 128.44% | 21.10% |
North West | 0.04 | 807.60 | £1 | 20.19% |
You may also find it useful to compare the data above to the number of properties sold per month Shevington experiences. This figure for house sales per month is 30. Looking at all this information holistically is what a smart investor should do when deciding on the right area for investment before looking for houses for sale.
Are there new houses being built in Shevington to make it grow?
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 Shevington at 1 year, 3 year and 5 year intervals:
1 year | 3 years | 5 years | |
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Shevington growth rate | -3% | 5% | 12% |
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 Shevington 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 Shevington.
Frequently Asked Questions
Is it possible to renovate a property in Shevington?
Properties in the city of Shevington may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are 6 approvals every month with an approval of nan based on a population of 39725. Compare other places in the UK to make this figure make more sense.
What is the monthly count of property transactions in Shevington?
Shevington boasts a monthly total of 30 property transactions, while the entire UK witnesses approximately 1.1 million property sales. You can visit our pages that give information on houses for sale based on Rightmove data from the same region using the link
What is the population change each year in a city like Shevington?
For a comprehensive analysis of Shevington’s population trends, observe the population fluctuation over a decade, indicated by 4%, and the five-year alteration represented by 3%. Perhaps also look at data from another nearby city too so you can see a comparison.
How much are houses for sale priced at in the extended region of Shevington?
The average cost per square foot for a house in Shevington is presently £0.
Does opting for a house for sale in Shevington come with a hefty price tag?
Calculate if a property is on the pricier side by matching a listed house for sale against the mean selling prices. In Shevington, this value is £183,993, compared to the UK’s average of £286,500.
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