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As a landlord, whenever you are looking at houses for sale in Hampshire, you could find varying prices throughout an area like Ashurst. In this article, this data will be simplified so you can find all of the data on one, convenient page.
So, from the rental yield of Ashurst to the success you may expect to get when submitting planning permission. Everything you need to know about house for sale in the UK and in Ashurst will be revealed. Keep reading.
Why you should consider the average rental yield when searching for houses for sale in Ashurst
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 Ashurst this statistic is what you were looking for.
Data should also be compared to the broader region of the UK (South East) alongside Hampshire 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 Ashurst.
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) | |
|---|---|---|---|---|
| Ashurst | £0 | £1,147 | no relevant data for this city | £0 |
| Hampshire | 3.67% | £1,198.75 | 129.21% | 20.71% |
| South East | 0.04 | 1,300.68 | £1 | 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 Ashurst.
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 (7) will be useful.
Are there more or fewer houses being built in Ashurst?
Growth in the area can be a good signal of a booming house market. However, too much growth could also have negative consequences on the capital appreciation of a house as time goes on.
Take a look at the table below for Ashurst that shows the growth in recent years.
| 1 year | 3 years | 5 years | |
|---|---|---|---|
| Ashurst growth rate | 0% | 11% | 16% |
High growth rates can signal an appreciating housing market, nonetheless, if there are too many houses being built, this could reduce demand for housing as the supply of houses for sale starts to catch up with the demand. Leading to stagnation or a decline in house pricing so understanding the growth in Ashurst is important.
What are the asking prices for the houses for sale in the city of Ashurst?
The average asking price for the houses for sale in the city of Ashurst
| Average asking price (1 bed) | £190,408 |
| Average asking price (2 bed) | £328,308 |
| Average asking price (3 bed) | £441,160 |
| Average asking price (4 bed) | £638,219 |
| Average asking price (5 bed) | £621,250 |
Based on this table, hopefully, you will be able to tell what type of house for sale is the most suitable for your budget. You can also consider the average asking price per square foot (£0) for houses for sale with this table to get a good idea as to whether Ashurst is the right area to buy a house in for you.
On average, in Ashurst, the asking price for a house for sale in the area is £456,525.
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 Ashurst. 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 a list of cities that are different to the City of Ashurst and in different UK region to South East. You might want to consider these as alternatives for your next real estate investment:
- bryn in South East
- airth in South East
- peterborough in South East
- st-quivox in South East
- angle in South East
Or, visit our dedicated page on the houses for sale data for the whole of the UK which will allow you to pick based on where you think you want to live or invest – houses for sale in the UK.
Professional advice for houses for sale in Ashurst
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
What are the demographics like in the city of Ashurst?
In the city of Ashurst, is there a lot of green space?
Whether you view green space in Ashurst 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 Ashurst, the number of acres of green space for every 1000 people currently is 7 which can be measured against the UK average of 1.7.
How deprived is the population of Ashurst?
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 Ashurst is £0.
What salary does the community in Ashurst take home?
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 (0.28). 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 Ashurst, this works out to be £48,000.00. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
What is the population of Ashurst?
In the UK in general and specifically in the region in question, large population sizes can be good indications that there are a lot of people in the area looking for houses for sale which can drive up demand and therefore impact the cost. You should also check to see if the population is growing in the area too to show an increasing demand, this is even better. Currently, the total population of Ashurst is 52080.
Sometimes, smaller populations can have higher buyer demand than large populations on the other hand. This is because the price of houses and hence the demand for houses is based on a variety of variables.
The most important variable is the location of the houses for sale in the city of Ashurst.
In Ashurst, how has the population changed over the last five years?
In the last five years, over time, the change in population size was 4%. Looking at this figure can inform you of the buyer demand for the houses for sale in the area. Read more here
This may mean that the city has now started to slow down in terms of population growth or it may mean the city is also building a lot of houses which would indicate the supply of houses for sale will be matching the demand.
Making predictions about the future growth of Ashurst is hence important in making a decision if capital appreciation of your real estate investment is something you’re after as a landlord.
Comparing this figure for the 5 year growth (4%) as well as the ten year growth in the subheading below should allow you to make some accurate forecasts on the growth rate. Click here to know more on the UK population trends.
Ashurst population difference over 10 years?
The population has adjusted in the area of Ashurst by 7% in the most recent decade. This change is even more useful when compared alongside the figure for the five year growth of the area too.
This will tell you if the population is changing at the moment or if change is more recent. Through this a landlord can accurately look at the fluctuations in population size of the area over time and therefore better understand the trend of the houses for sale in Ashurst.
To make an example, the town of Salford which is a part of Manchester has seen a 10% increase in population. house price has therefore followed.
What is a social grade score and how does this relate to Ashurst?
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 Ashurst 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 Ashurst, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 0.28.
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 |
Is the education level of Ashurst important when buying a house?
In the city of Ashurst, 29% 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 Ashurst is £48,000.00.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
The city of Ashurst, situated in Hampshire, is a particularly impressive part of the UK because of the specific demographics of the location.
In the below headings, the city of Ashurst and its demographics will be compared to its wider location (South East). This includes population size, growth and population education now and into the future.
These statistics are heavily influenced by socio-economic factors and as a result this also shapes the projected house price of the houses for sale in Ashurst. So, taking a good look at the data is essential to understand the area you are considering to buy in.
In Ashurst, what is the crime rate?
For every one thousand people living in Ashurst, 71 commits crimes and are prosecuted. Coming to a conclusion as to whether all the other factors of your house purchase like the house price justify this figure when contrasting it with the UK average of 79.52 is something you should do as a homeowner.
It could be that the crime rate is higher than you expected but there it is worth the population growth, appreciation of the house and worth the relative price you are purchasing the house for.
Nonetheless, the crime rate of 71 is not a statistic that should just be ignored as you could have to pay more for things like home insurance and install additional security on your house if the rate is particularly high.
Either way, burglaries are not something you would want to encounter in a house. Whether that be a house you are living in or a house you are renting out to tenants.
In general, for the city of Ashurst, what are the final purchase prices for the houses for sale?
In Ashurst, the average sale price of a house for sale is in fact £350,285. This is dependent on the 10 year population growth of Ashurst being 7%. Growing populations are more likely to inflate the prices of houses for sale in the city of Ashurst.
| Housing category | Total final sale price |
|---|---|
| Aerage sold price (detached) | £471,942 |
| Aerage sold price (semi-detached) | £339,120 |
| Aerage sold price (terraced) | £279,840 |
| Aerage sold price (flat) | £189,975 |
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 Ashurst.
| Housing category | Sale price per square foot |
|---|---|
| Aerage sold price/sqft | £3,725 |
| Aerage sold price/sqft (new build) | £3,340 |
| Aerage sold price/sqft (old stock) | £3,645 |
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 £3,725. This means if you are just looking out the houses sold in Ashurst in general and didn’t take into consideration the type of build. For example, a new build.
Finding the ideal house for sale for you
Find here below a list of criteria that we suggest you consider before looking for houses for sale in Ashurst
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affordability – the UK gov website comes in helpful when you want to understand (see what house for sale you can afford)
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Geographic Location – the county and region across the UK you are considering to invest in are crucial factors to consider when browsing houses for sale.
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Transport network of the house for sale – Hopefully, the pandemic stays in the past. Therefore, working from home may become less predominant than a couple of years ago. Check the commuting time of the house for sale you are considering buying.
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Bedrooms in the house for sale – are you looking for houses for sale for yourself, for a couple or for the whole family? This condition will narrow down the number of houses for sale relevant to buy.
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EPC of the house for sale – today more than ever, the energy performance of the properties for sale on the market should be one of the first things you check.
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Broadband speed – having a good internet connection is crucial nowadays. Always check the available subscriptions available for the areas of the house for sale you want to purchase
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Are you a car owner? – if yes, you will have to check for parking availability of the house for sale. Does it come with a garage included in the price?
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Conservation areas – when browsing for houses for sale, we suggest you take a look at the National Heritage list. When a house for sale is included it means that it is not possible for the future homeowner to make changes to the property, both inside and outside.
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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.
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