How much will you pay for a house for sale in Ampthill?

Whenever looking for a house for sale in the UK or in Ampthill, it is vital you look at the market trends and house price fluctuations in the wider area of Bedfordshire 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 Ampthill.

In this article, we will be looking at the city of Ampthill in detail so you know how to navigate the area and have a better understanding on where to invest.

A house for sale appropriate to your needs

What parameters impact the final price of a house for sale in Ampthill?
Here below is our list with the most important ones:

• House for sale affordability – check out the (see house affordability guide)

  on the UK gov website to know more

• House Location – the actual location of a house for sale drastically changes the final price of a property

• Transports you can reach by foot – Commuting is part of our lives, especially in big cities, check it out before buying a house for sale.

• Number of bedrooms – Usually, the bigger the house for sale the more bedrooms it will have. For example, if you are a single person (or a couple) one bedroom will do.

• Energy Performance Certificate of the house for sale – Bad EPCs can result in thousands of pounds more in bills you will have to pay on an annual basis. Consider this when purchasing a new property.

• Internet connection – Having a quick internet connection is fundamental nowadays. Check the area of the house for sale to understand what the average internet speed is and see if it fits your needs

• Do you drive to the office? – If yes, ask about parking. Is it included in the house price?

• Special areas – Start by taking a look at the National Heritage list by the UK government. If a house listed for sale appears in the list, the future landlord won’t be able to invest in changes to the real estate asset.

• Houses for sale Conditions – When looking for houses for sale you should always consider the amount of time and money you will have to invest to complete the needed repairs, if any at all.

Advice from experts on properties for sale in Ampthill

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.

What kind of demographics does the city of Ampthill have?

In Ampthill, how has the population changed?

Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Ampthill if 43,274 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 Ampthill such as rental yield or house appreciation.

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

In the previous five years there has been a change in the number of people of Ampthill by 8%. 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 8% 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 Ampthill?

In the last decade, the population of Ampthill has been adjusted by 16%. 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.

Is there sufficient green space in Ampthill?

Providing the right amount of green space for people in the UK is a difficult subject because there are clear benefits for human health but at the same time, it is hard to make sure all areas of the UK can get enough greenery. This is a result of land being already in use in cities where most people live.

In Ampthill, 39.2 is the amount of acres of outdoor space there is for every 1000 people. Charities such as ‘Fields in Trust’ recommend there to be at least 6 acres. This should allow you to conclude whether this green space is sufficient for you if you are interested in buying in Ampthill.

In Ampthill, what are the deprivation levels like?

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 Ampthill is 20%.

Is the education level of Ampthill important when buying a house?

In Ampthill, the proportion of people who have a degree is 27%. 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 Ampthill is £52,200.

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.

What’s the crime rate in Ampthill?

In Ampthill, for every 1000 people, there is currently a crime rate of 59. This can be compared to the national average of 79.52 for every 1000 people.

Low crime rates are desirable for your safety as a homeowner. Even if you don’t tend to leave the house too often and tend to not mind living in a slightly more dangerous area. Things like burglaries are always a possibility which could harm your ability to pay for home insurance and also may force you to install additional security in your home that can cost you further.

Having said this, you can look at the crime rate on a deeper level to find out what the threats are exactly. It could be the case that a proportion of these crimes (59 for every 1000 people) come from things like anti-social behaviour rather than more serious crimes like violence and sexual offences.

If this is the case you may be more willing to look over a high crime rate within the areas you’re looking to buy a home.

How much do people in Ampthill earn?

Typically, as people earn more money, the more they are able to afford and the better house prices in the area because demand goes up. You could also infer that the amenities such as schools, parks and public areas are generally of high quality as a result.

For these reasons, it could be argued that areas where people earn more money are generally nicer arrears to live in which also attracts more people as a result and further drives up house prices in the area.

To see if this phenomenon occurs in Ampthill. Compare the area’s average household income of £52,200 to the average household income in the UK at price34,000. Adding to this, compare it with the figure for the highest social grade score too at 31% for more conclusive data on the affluence of the area.

Ampthill within Bedfordshire is notable for the type of people that live there. The statistics below show how this is the case.

As you read on, Ampthill will be looked at by comparing it to the local region, as well as comparing it to the wider region too (South East). From what the population of the city is to how it’s growing as well as factors like the overall crime rate.

This data is impacted by the history of the area and what kind of industry there is around. All of which also impact house prices which is crucial for you to understand as you look at houses for sale in Ampthill.

What is the social grade score of Ampthill?

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 Ampthill in grades A or B which are the highest skilled roles in the country is 31%. Realistically, you can expect workers in this category to earn a higher salary too.

For comparison, £52,200 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 31%.

Thinking about other cities with houses for sale?

You can assess the various houses for sale offered in the area by consulting this list of cities in South East, the same UK region as Ampthill:

• Broadwater in South East
• Adwell in South East
• Hartfield in South East
• Southampton in South East
• Bank in South East

You may also refer to our landing page specific to UK houses for sale, houses for sale in the UK

Always consider average rental yield when searching for houses for sale in Ampthill

You may have heard of rental yield as being important for investors who wish to make a sizable profit on their rental properties. If this sounds like you and you’re looking to invest in a house currently for sale and collect rental income in Ampthill this statistic is what you were looking for.

Data should also be compared to the broader region of the UK (South East) alongside Bedfordshire then looked at with other statistics like the area’s rent and the turnover of sale of the houses in question. It could be that an investor prefers to make a profit on the sale of a house rather than the rental income and optimal properties for this investment varies throughout Ampthill.

This decision is made differently depending on the investor’s tolerance for risk, investing strategy, the location they’re investing in and their overall goal for buying a house currently listed for sale.

	Average Yield	Average Asking rent	Turnover (rental)	Turnover (sale)
Ampthill	3.0%	£1,148	109%	13.0%
Bedfordshire	3.37%	£1,073	123.22%	16.77%
South East	3.58%	£1,301	127.50%	16.69%

As you observe table above, it could be valuable to contrast these figures with other pieces of data relevant to the process of buying like the crime rate or the appreciation of houses for sale in Ampthill.

As you can tell, the best conclusions are drawn when the buyer of a house for sale looks at all the data involved holistically and doesn’t make quick decisions based on one or two pieces of data. As an example, comparing the data with the number of property sold per month (29) will be useful.

What is the growth in the housing market of Ampthill?

Before committing to Ampthill 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
Ampthill growth rate	5%	11%	15%

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 Ampthill is building housing to find your answer.

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

In the city of Ampthill, 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)	£305,696
Average asking price (3 bed)	£408,363
Average asking price (4 bed)	£562,593
Average asking price (5 bed)	£877,600

After looking at this table about prices of houses for sale in Ampthill, someone who is buying a home would have a detailed understanding of what kind of house for sale is available on the market that best suits the amount of money they are looking to invest. Also, using a more general figure like the average asking price per square foot of a property which is £3,580 will help them to have a more holistic understanding.

On average, in Ampthill, the asking price for a house for sale in the area is £455,201.

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 Ampthill. 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.

In general, what do houses for sale sell for in Ampthill?

There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Ampthill. In Ampthill, this sale price works out to be £360,621. As an example, a factor like population growth over the last 10 years which works out to be 16% in Ampthill and impacts house prices of the houses for sale.

Housing category	Total final sale price
Average sold price (detached)	£478,508
Average sold price (semi-detached)	£322,425
Average sold price (terraced)	£271,515
Average sold price (flat)	£204,559

Above, the exact type of house is also shown to vary in price in a table in Ampthill. You may think that the bigger the house is the more expensive, but actually, this table is more based on the demand for the properties in each category.

Housing category	Sale price per square foot
Average sold price/sqft	£3,460
Average sold price/sqft (new build)	£3,390
Average sold price/sqft (old stock)	£3,480

In addition, here is the price per square foot. By taking this data and doing an average, it is also possible to work out the average square foot of houses in Ampthill which is £3,520. From here you can get a sense of the price of the overall housing market and therefore, also find out the prices of the houses for sale.