Aldermaston Soke can be a tough place to find accurate information like any city in the UK. Read on to learn about which data to stay on top of when looking at house for sale in Aldermaston Soke.
On top of this, keep reading for detailed information on the demographics of Aldermaston Soke in Berkshire. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.
Thinking about other cities with houses for sale?
We have prepared a list of cities in South East, the same UK region of Aldermaston Soke that can help you evaluate the different houses for sale listed in the region:
- Colnbrook in South East
- Bedhampton in South East
- Eastbourne in South East
- Fareham in South East
- Bridgemary in South East
Alternatively, you can visit our webpage dedicated to houses for sale in the UK, houses for sale in the UK.
What is the asking price on average of houses for sale in Aldermaston Soke?
When speaking about the city of Aldermaston Soke, £526,534 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 Aldermaston Soke 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.
Average price of houses for sale in Aldermaston Soke
|Average asking price (1 bed)||£212,875|
|Average asking price (2 bed)||£344,706|
|Average asking price (3 bed)||£479,744|
|Average asking price (4 bed)||£705,269|
|Average asking price (5 bed)||£1,106,765|
Reading the table above should therefore give you a good idea of the type of house for sale that is within your budget in Aldermaston Soke 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 £4,040 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 Aldermaston Soke
Is the housing market in Aldermaston Soke growing?
The growth of an area like Aldermaston Soke 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|
|Aldermaston Soke growth rate||no relevant data for this city||11%||10%|
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 Aldermaston Soke 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 Aldermaston Soke, the below table demonstrates this well. To make things simple, it compares these numbers to the wider region of the UK; South East. As well as Berkshire, to give a smaller scale area to compare the data to.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
Assuming that in the future you want to re-sell the house you will eventually purchased in Aldermaston Soke you might be interested in the number of sales per month (23) that happen in the local housing market. Comparing this figure for Aldermaston Soke with the above table gives you a good understanding of the profitability of the area.
In general, for the city of Aldermaston Soke, what are the final purchase prices for the houses for sale?
As well as looking at the asking price for house for sale in Aldermaston Soke, a sensible homeowner or investor will also consider the final price a house sells for. This final price may be influenced by elements like the amount people are earning in the area and what opportunities for employment there are in Aldermaston Soke.
Houses for sale, are sold on average in Aldermaston Soke, after the influence of these factors, at £436,770 as a result. And may be on the rise or decline depending on a combination of variables such as the crime rate, or population growth which was 5% over the last 10 years.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£587,636|
|Aerage sold price (semi-detached)||£402,321|
|Aerage sold price (terraced)||£319,956|
|Aerage sold price (flat)||£232,557|
This table above shows the average sale price for each variation of houses for sale in Aldermaston Soke.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£3,860|
|Aerage sold price/sqft (new build)||£3,920|
|Aerage sold price/sqft (old stock)||£3,860|
This final table looks at the price per square foot of houses for sale. Looking at the final table, you can take a further average and conclude that the average price per square foot of houses in general in Aldermaston Soke is £3,950.
This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.
Who can help you buy a house for sale in Aldermaston Soke?
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
In Aldermaston Soke, what are the demographics like?
How much green space is available to residents of Aldermaston Soke?
In the city of Aldermaston Soke, there are 52.1 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 Aldermaston Soke is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.
Located in Berkshire is the city of Aldermaston Soke, in a large part of the UK; South East. 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 Aldermaston Soke 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 Aldermaston Soke 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.
How deprived is the population of Aldermaston Soke?
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 17% for Aldermaston Soke should give you a nice idea of the deprivation in the area.
How educated are the people in Aldermaston Soke?
The number of people as a percentage who have been through university and gained a degree is 31%. The ability to buy a home is greatly influenced by the number of people who have degrees. £59,200 is the amount people in Aldermaston Soke 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 Aldermaston Soke, 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.
Have the people of Aldermaston Soke grown in numbers?
The city of Aldermaston Soke has a total population of 31,465. 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 Aldermaston Soke 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 Aldermaston Soke
Over time, in the last five years, the population of the city of Aldermaston Soke has changed by 2%. 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 2% 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 Aldermaston Soke?
In the last 10 years, there has been a shift in the population of 5%.
Comparing this to the 5 year figure of Aldermaston Soke 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.
What salary does the community in Aldermaston Soke 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 Aldermaston Soke, the average income is £59,200. 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 39% to decide on what the demographics are like in the area.
What’s a social grade score and how does it relate to Aldermaston Soke?
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 Aldermaston Soke 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 Aldermaston Soke, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 39%.
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|
What’s the crime rate in Aldermaston Soke?
Within Aldermaston Soke, the number of people committing crimes is 60 per 1000 people. This figure directly relates to the safety of residents in the area which is one of the biggest factors in whether an area is considered desirable or not.
As a result, someone looking to buy a house here hoping for it to appreciate in value or buying a house here to produce rental income should check out the crime rate and compare it carefully to the UK average of 79.52 for every 1000 people to see how safe people living there will be.
If the area’s crime rate is too high, this may result in you having to pay for the renovation of burglaries or pay a premium on home insurance as insurance companies will charge you more for living in a dangerous area. So analyse this 60 figure carefully.
Invest in a house for sale that meets your demands
When browsing houses for sale in Aldermaston Soke 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 – 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
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.