Sometimes, working out the prices of the houses for sale can be tricky business. This is why we created this article all about the price of houses for sale in St Bees, Cumbria.
From the average asking price of houses for sale in St Bees, to the growth of the population in the area, all will be talked about regarding the city of St Bees. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
A house for sale that is right for you
When browsing houses for sale in St Bees 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.
In general, what do houses for sale sell for in St Bees?
For the city of St Bees, the average price a house sells for is £203,167. This value usually depends on the exact location of the house within St Bees 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)||£308,963|
|Aerage sold price (semi-detached)||£184,671|
|Aerage sold price (terraced)||£151,741|
|Aerage sold price (flat)||no relevant data for this city|
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 St Bees.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£1,840|
|Aerage sold price/sqft (new build)||£1,850|
|Aerage sold price/sqft (old stock)||£1,810|
Generalising the bottom table, the average value per square foot of a house for sale is £1,840. This value averages all of the types of houses for sale in St Bees. 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 St Bees.
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.
What’s the rental yield in general for the city of St Bees?
What is the growth in the housing market of St Bees?
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 St Bees at 1 year, 3 year and 5 year intervals:
|1 year||3 years||5 years|
|St Bees growth rate||no relevant data for this city||no relevant data for this city||no relevant data for this city|
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 St Bees 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 St Bees.
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In St Bees, 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 and how much you can charge for rent in your ast (assured tenancy shorthold).
Thinking of a different city and perhaps a different location?
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 St Bees:
- eastoke in North West
- gidea-park in North West
- bruton in North West
- berrow in North West
- henlow 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 demographics like in the city of St Bees?
How educated are the people in St Bees?
The number of people as a percentage who have been through university and gained a degree is 47%. The ability to buy a home is greatly influenced by the number of people who have degrees. £48,300.00 is the amount people in St Bees 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 St Bees, 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.
How deprived is the population of St Bees?
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 St Bees should give you a nice idea of the deprivation in the area.
How much green space is available to residents of St Bees?
In the city of St Bees, there are 40 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 St Bees is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.
What salary does the community in St Bees take home?
By and large, a higher household income in a population can have positive effects on the crime rate and the quality of space. This is due to the fact that higher earners tend to buy houses where there are better schools and more desirable amenities that impact the quality of life someone has.
In St Bees, the average income is £48,300.00. Measuring this figure against the average household income for the UK of price34,000 should tell you if the city is higher or lower earning.
When buying a house, use this statistic with other factors when making a decision too like the crime rate or the social grade score of 46% to decide on what the demographics are like in the area.
What’s the crime rate in St Bees?
The crime rate of St Bees 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 3700%, 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 (3700%) is both useful and is recommended to be compared to the average.
In the city of St Bees, has the population grown or shrunk?
In total, the number of people in St Bees is 1660. 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 St Bees, depending on where exactly you are.
How has St Bees 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 St Bees has changed by -2%. 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 -2% 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 St Bees?
-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 St Bees 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.
What is a social grade score and how does this relate to St Bees?
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 St Bees in grades A or B which are the highest skilled roles in the country is 46%.
Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £48,300.00 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 46%.
Located in Cumbria is the city of St Bees, in a large part of the UK; North West. Before you look for houses for sale in this area, it is a reasonable question to ask what the people who live there are like.
Below, the population of St Bees has been dissected in terms of if the population is educated, what the crime rates are like and much more. All important factors to consider before making a house purchase among the offer of the houses for sale.
The knowledge below is based on a lot of different variables relevant to the city of St Bees which impacts the profitability of making an investment here or how desirable buying a house to live in is if you want to live on a permanent basis.
What are the asking prices for the houses for sale in the city of St Bees?
In the city of St Bees, what is the average asking price for the houses for sale?
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||no relevant data for this city|
|Average asking price (3 bed)||no relevant data for this city|
|Average asking price (4 bed)||no relevant data for this city|
|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 St Bees 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.
When speaking about the city of St Bees, no relevant data for this city is the asking price for a house for sale.
We have compiled a table of data so you can know the asking prices of the specific size of home you’re most interested in. As you can imagine, a family looking to move out with children in St Bees would be after a larger house than someone living alone.
The data is in fact very different compared to the number of rooms you’re interested in having in your home and the asking price also tends to go up in staggering amounts as you add rooms.
Advice from experts on properties for sale in St Bees
In today’s market with an abundance of homes available for sale, choosing the best house for sale can be challenging.
With several houses for sale to choose from, who will guide you through the process of choosing?
We have listed here below several experts and companies able to advise and support potential buyers.
The process of finding and investing in a house for sale can be lengthy and time-consuming, this is why we suggest you consult with the following professionals:
- Banks – Lend you the cash
- Insurance companies – Insure your new real estate investment
- Conveyancer – handles all the legal labour that is needed to proceed in buying a house for sale.
- Surveyor – Carries out an independent and complete property valuation of the house for sale
- Mortgage advisor – If you are thinking to get a mortgage to get the finances needed to afford to buy a house for sale, a mortgage advisor is the person you should be looking for
- EPC person – Always get a quote on the Energy Performance Certificate of the houses for sale listed in a certain city
If you are a landlord, should you renovate a property in the city of St Bees?
If planning permissions are abundant in the vicinity of St Bees, it may look promising for landlords looking to renovate. With no relevant data for this city getting approved on a monthly basis, and a success rate of no relevant data for this city, these prospects flourish against a population of 1660. A comparative analysis against other locations across the UK will lend you a good perspective of this data.
What’s the number of property sales each month in St Bees?
The city of St Bees sees around no relevant data for this city property transactions every month, while the nationwide figure for the whole of the United Kingdom stands at roughly 1.1 million property sales.
What is the population change each year in a city like St Bees?
To work out how the population of St Bees has changed over time, you can look at the population change over a decade which is -4% and the change in a five year period two which falls at -2%. Compare the two and look at the population growth or decline in recent times to really make sure you have a good understanding of the population
prices for houses on sale in the broader vicinity of St Bees?
The average cost per square foot for a house in St Bees is presently £0.
Is a house for sale in St Bees an expensive choice?
Determine whether a property is expensive by comparing a list of houses for sale to the prevailing average selling prices. In St Bees, this figure stands at £203,167, while the UK average is £286,500.