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Aldershot – What to look for in houses for sale?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in the South East $ Aldershot – What to look for in houses for sale?

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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 Aldershot, Hampshire.

From the average asking price of houses for sale in Aldershot, to the growth of the population in the area, all will be talked about regarding the city of Aldershot. So you will get better clued up on the area, and make finding a house for sale in the UK easier.

Advice from experts on properties for sale in Aldershot

Considering all the above data and information provided, you may want know who can help you buy a house for sale.
Lots of professionals offer property investors and first-time buyers advice and assistance in dealing with the process of acquiring a house for sale.

Below, you can find a list of professionals that come in handy when looking for houses for sale:

  • Lender – Is someone capable of lending you the money you need to complete the purchase of the house for sale
  • Insurer – Insurance companies provide building insurances and other financial products you need to protect your real estate assets
  • Conveyancer – This professional will take care of the legal work needed when looking for a house for sale
  • Surveyor – Use this professional to assess the condition of the house for sale you are willing to buy, get an independent valuation and feel more comfortable when negotiating the final price
  • Mortgage broker or adviser – Different buyers can access different mortgages to buy a house for sale. Let the mortgage broker suggest to you which one is the best given your financial situation
  • Energy professional – Nowadays is more important than ever, to get professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering as your next investment

What are the demographics like in the city of Aldershot?

In Aldershot, how has the population changed?

Population growth in Aldershot is important to know if there is housing demand and the total population may also be looked at as large populations commonly have a lot of buyer demand.

In Aldershot, 54204 people live in the city as their main place of residence.

It is important to note that it is not the case that everyone likes a large population to live in. People who tend to prefer a more relaxed life are more likely to buy or rent somewhere to live that has a small population and perhaps also wouldn’t mind if the population isn’t growing.

Other people also like to have a mix of both. Where they can visit rural areas and also benefit from the amenities of a busy city.

In Aldershot in the previous five years, have population numbers transformed?

Five years may seem like a long time but it is rare for a city to grow that much unless there is dramatic population growth. In Aldershot, this change has been 1%. Read more here

Someone who wishes to find out how this change has occurred over a longer period of time may also wish to read the headings below and see if the change has continued throughout the past decade too. Or if the change is only true for the more recent figure for five years of 1%. Click here to know more on the UK population trends.

Over the last decade, how has the population differed in Aldershot?

Populations change all the time but if there is a clear change in population in the last ten years this is even more reliable data about the population of the area as opposed to five. This adjustment in population works out to be 4% in Aldershot.

What this statistic is like in comparison to the population change in five years should provide you with a comprehensive understanding of what direction the population is heading in.

In recent years because of the pandemic, it is common to see dramatic differences in the population change in the last five years when comparing it to ten as people realise they can work from home but still keep the current jobs they have.

This means they can move to cities they wouldn’t have considered otherwise and be location-independent of their source of income. Perhaps making a longer commute into the office every week for example.

What is the social grade score of Aldershot?

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 Aldershot, the percentage of people in the two highest categories, A and B is 21%. 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 £52,700.00. This income will generally get bigger as the percentage of people in the A and B categories go up too (21%).

In Aldershot, what is the crime rate?

Within Aldershot, the number of people committing crimes is 10350% 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 10350% figure carefully.

Are the deprivation levels of the UK any different to Aldershot?

Deprivation levels refer to the ability of the population of the city to earn enough to keep their lifestyle going. Nationwide, it is thought that the number of people at this level or not being able to meet the costs of living is around 33%. In comparison, the deprivation level of Aldershot is £0.

For the city of Aldershot, what is the education level?

In Aldershot, the proportion of people who have a degree is 23%. Generally speaking, as the number of people with degrees increases, the more people are able to afford houses to buy as a degree is a good indicator of a higher income. To put this into perspective, the average income of Aldershot is £52,700.00.

This figure for average household income usually goes up alongside the percentage of people who have degrees.

However, this is not a hard and fast rule, there are many factors influencing the buying power of a population and hence the appreciation of housing and the number of houses for sale in the area. This can include the rental yields of the area and other demographic statistics like crime rate.

Nonetheless, it cannot be argued that those with degrees tend to live in more affluent areas as 82% of people who achieve a first in degree level education are owners of the place they live.

In the city of Aldershot, the demographics are unique and must be looked at by themself to make a conclusion about the area before buying a house. This is because the growth could be greatly different to the wider area of Hampshire for example.

These demographics for Aldershot may impact the price of a house, how this house grows over time and the profitability of a house if you are buying it for an investment so knowing the area is crucial for a landlord making a purchasing decision in the city of Aldershot in South East.

Is there sufficient green space in Aldershot?

Whether you view green space in Aldershot 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 Aldershot, the number of acres of green space for every 1000 people currently is 19 which can be measured against the UK average of 1.7.

How much do people in Aldershot earn?

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 (21%). 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 Aldershot, this works out to be £52,700.00. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.

What is the asking price on average of houses for sale in Aldershot?

Average price of houses for sale in Aldershot

Average asking price (1 bed) £174,993
Average asking price (2 bed) £286,011
Average asking price (3 bed) £416,068
Average asking price (4 bed) £606,860
Average asking price (5 bed) £764,500

The tables should give you a generic view of what the prices of the houses for sale are like. To close things off, the average asking price for the house for sale in the whole of Aldershot is £2,260. This should show you the general prices overall and for individual types of houses too.

On average, in Aldershot, the asking price for a house for sale in the area is £364,046.

The below table puts this figure into perspective as you can see the various average sale prices of the different type of houses for sale in Aldershot. From a 1 bedroom house up to a 5 bedroom house.

As you can imagine, as the price goes up, the size of a room also goes up and in general, the larger a house is, the more you can expect the sale price to be as well.

houses for sale in other cities and regions in the UK

If you are looking for similar places to buy a house that are just like Aldershot, examine this short list of cities below from outside of the region of South East for some inspiration.

If none of these suit your interest, we suggest you visit our page with all of the relevant data concerning houses for sale in the UK, allowing you to buy the right property.

Or, consider buying a leasehold property instead which may be cheaper. However, you will also have to learn what will happen when a leasehold expires so you know how to deal with this side of the law.

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

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 Aldershot. 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 Aldershot.

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 (Hampshire), a regional level (South East) and finally on the level of the city talked about in this article, Aldershot.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Aldershot £0 £1,089 £1 £0
Hampshire 3.67% £1,198.75 129.21% 20.71%
South East 0.04 1,300.68 £1 16.69%

You may also find it useful to compare the data above to the number of properties sold per month Aldershot experiences. This figure for house sales per month is 16. 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 more or fewer houses being built in Aldershot?

The growth of an area like Aldershot 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
Aldershot growth rate -4% 5% 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 Aldershot if you want to find out the exact reasons for the housing change.

What is the final sale price of a house in Aldershot?

In Aldershot, the average sale price of a house for sale is in fact £317,868. This is dependent on the 10 year population growth of Aldershot being 4%. Growing populations are more likely to inflate the prices of houses for sale in the city of Aldershot.

Housing category Total final sale price
Aerage sold price (detached) £471,639
Aerage sold price (semi-detached) £357,023
Aerage sold price (terraced) £290,406
Aerage sold price (flat) £192,385

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 Aldershot.

Housing category Sale price per square foot
Aerage sold price/sqft £3,605
Aerage sold price/sqft (new build) £3,640
Aerage sold price/sqft (old stock) £3,535

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 £3,790. This means if you are just looking out the houses sold in Aldershot in general and didn’t take into consideration the type of build. For example, a new build.

Invest in a house for sale that meets your demands

Many criteria impact the price of houses for sale in Aldershot.
Here below are the most important ones according to Lofti’s expertise:

  • Affordability – (see what house for sale can you afford?)

    A guide from the UK government

  • House Location – The borough and region of the UK you want to invest in is an important factor to consider when looking for a home for sale.

  • Transport – Commuting can be a waste of time. Minimise it by checking how long it will take from the house for sale you’re interested in, to your office before considering buying

  • Number of bedrooms – The number of bedrooms goes hand in hand with the house for sale price. If you are buying for the long period try to think if you might need an extra bedroom

  • Energy performance of the house for sale – The difference between an EPC rating of A and an EPC rating of G can impact your monthly utility bills, consider this when evaluating houses for sale.

  • Internet connection – Being able to take video calls from your home is crucial nowadays, always check the broadband of the area when browsing houses for sale

  • Car park – Ask the property seller for parking availability. If it is included in the price of the house for sale, you can justify paying more than you would at first glance

  • Conditions of the house for sale – Repair works can be expensive and take a lot of time, assess the conditions of the houses listed for sale before making an official offer.

Frequently Asked Questions (FAQ)

Are there opportunities for property renovation in Aldershot?

Every single month in Aldershot, there are 5 planning applications, of which 95% result in a success. Look at this in terms of the population size of 54204 to work out if you think you’d have good planning success if you were to renovate.

On a monthly basis, how many property transactions take place in Aldershot?

In Aldershot, the monthly property transaction count reaches 16, a small percentage of the total house sales in the United Kingdom which equates to approximately 1.1 million.

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

To assess the shifts in Aldershot’s population over time, analyse how the population has altered. Look at the ten year change of population of 4%, alongside the five-year change of 1%.

In the larger vicinity of Aldershot, what is the cost of houses available for sale?

The average asking price of a house in Aldershot is currently £2,260 based on the average price per square foot.

Is investing in a house for sale in Aldershot a financially demanding choice?

To assess the affordability of a property, locate a house for sale and contrast it with the mean selling prices. In Aldershot, the value is £317,868, whereas the UK’s mean is £286,500

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

When buying, having the right expertise when navigating Aldershot 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!

Estate agent Contact number Address of agent Email
Fosters Estate and Lettings Agents 441252207052 10 Low Walk, The Wellington Centre, Aldershot, GU11 1DB Phone number only
Charles & Co 441252854348 116 Victoria Road, Aldershot, GU11 1JX Phone number only
Mackenzie Smith 441252207055 122 Victoria Rd, Aldershot, GU11 1JX Phone number only
Romans – Aldershot 441252926715 167 Victoria Road, Aldershot, GU11 1JU Phone number only
Bridges Estate Agents 441189512131 77 High Street Richard Baugh (rbaugh@bridges.co.uk);Daniel Pockett (dpockett@bridges.co.uk);Joanna Hodgson (jhodgson@bridges.co.uk);James Baldry (jbaldry@bridges.co.uk);Carlo Stocchetti (cstocchetti@bridges.co.uk);Carlo Stocchetti (rstocchetti@bridges.co.uk);Esther Nicholls (enicholls@bridges.co.uk);Cara Patston (cpatston@bridges.co.uk)

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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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