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 Aspley Guise, Bedfordshire.
From the average asking price of houses for sale in Aspley Guise, to the growth of the population in the area, all will be talked about regarding the city of Aspley Guise. 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
Criterias that have an impact on the actual price of a house for sale have been listed here below. Consider them all to find the perfect houses for sale in Aspley Guise.
-
Affordability – check this article from the UK government to find out (see what house for sale you can afford)
-
Location – if the house for sale is in the city centre rather than further out, this may be why it is more expensive than the market average.
-
Transports near the house for sale – Being able to use public transports is a huge plus for a house, especially in big cities. This will have an impact on the price as well.
-
Bedrooms – the more bedrooms there are in a house for sale, the more tenants a buy to let investors will be able to host, therefore, realistically the price will also increase.
-
EPC of the house for sale – today more than ever, the energy performance of properties for sale on the market should be one of the first things you check.
-
Wi-Fi speed – We recommend you check the internet plans available for the areas where you are considering to buy a house for sale
-
Are you a motorist? – If yes, filter out your searches and compare prices of houses for sale with parking availability. Remember, a car parking space can cost as much as £400 per month
-
Conditions of the house for sale – New builds and properties that were recently built usually need little to no repairs; instead, other houses for sale may require consistent or structural maintenance. These investments that can be both expensive and laborious to complete. Before making your offer for a house for sale you should always carefully assess this criteria.
Why you should consider the average rental yield when searching for houses for sale in Aspley Guise
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 Aspley Guise 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 Aspley Guise.
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) | |
|---|---|---|---|---|
| Aspley Guise | 3.2% | £1,442 | no relevant data for this city | 10.0% |
| 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 Aspley Guise.
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 (20) will be useful.
Are there new houses being built in Aspley Guise to make it grow?
Before committing to Aspley Guise 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 | |
|---|---|---|---|
| Aspley Guise growth rate | -1% | 11% | -4% |
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 Aspley Guise is building housing to find your answer.
Asking price in Aspley Guise for a house for sale
In the city of Aspley Guise, 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) | £322,132 |
| Average asking price (3 bed) | £467,611 |
| Average asking price (4 bed) | £673,799 |
| Average asking price (5 bed) | £864,639 |
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 (£4,540) for houses for sale with this table to get a good idea as to whether Aspley Guise is the right area to buy a house in for you.
Before a house gets sold, the figure it sells for always starts off as an asking price. This average asking price for the houses for sale in Aspley Guise determines the eventual sale price of the house so it isn’t the most important figure but is still important to take note of. This figure is currently £545,718.
Below, there is a table showing the asking price of the different sizes of houses based on the number of bedrooms of the houses in Aspley Guise.
House for sale in the same UK region
We have prepared a list of cities in South East, the same UK region of Aspley Guise that can help you evaluate the different houses for sale listed in the region:
- Hartfield in South East
- Blackfield in South East
- Cliftonville in South East
- Beckley in South East
- Chelwood-Gate in South East
Alternatively, you can visit our webpage dedicated to houses for sale in the UK, houses for sale in the UK.
In general, what do houses for sale sell for in Aspley Guise?
For the city of Aspley Guise, the average price a house sells for is £408,539. This value usually depends on the exact location of the house within Aspley Guise as well as other factors like the population growth which is 11% over a ten-year period.
| Housing category | Total final sale price |
|---|---|
| Aerage sold price (detached) | £590,927 |
| Aerage sold price (semi-detached) | £355,923 |
| Aerage sold price (terraced) | £318,467 |
| Aerage sold price (flat) | £209,612 |
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 Aspley Guise.
| Housing category | Sale price per square foot |
|---|---|
| Aerage sold price/sqft | £3,570 |
| Aerage sold price/sqft (new build) | £3,500 |
| Aerage sold price/sqft (old stock) | £3,610 |
Generalising the bottom table, the average value per square foot of a house for sale is £4,050. This value averages all of the types of houses for sale in Aspley Guise. 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 Aspley Guise.
Professional advice for houses for sale in Aspley Guise
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
What kind of demographics does the city of Aspley Guise have?
What is the population of Aspley Guise?
In total, the number of people in Aspley Guise is 17,251. 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 Aspley Guise, depending on where exactly you are.
How has Aspley Guise 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 Aspley Guise has changed by 4%. 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 4% 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 Aspley Guise?
11% 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 Aspley Guise 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.
Are the people in Aspley Guise earning a lot?
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 (39%). 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 Aspley Guise, this works out to be £54,700. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
In Aspley Guise, what is the social grade score?
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 Aspley Guise in grades A or B which are the highest skilled roles in the country is 39%. Realistically, you can expect workers in this category to earn a higher salary too.
For comparison, £54,700 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 39%.
What’s crime like in Aspley Guise?
The crime rate of Aspley Guise 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 57, 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 (57) is both useful and is recommended to be compared to the average.
Is the city of Aspley Guise deprived?
The number of people who are deprived can have an impact on the perception of your house in the general marketplace. Additionally, if you are looking for a house to live in for the long term, you can start to picture what your neighbours and the people in your area live like financially.
If the proportion of deprivation of Aspley Guise is 20% and in general for the UK this figure is somewhere around 33%, you can see if this figure is something you are happy with as you search for a house to buy.
In the city of Aspley Guise, how much green space remains for residents?
In the city of Aspley Guise, there are 70.7 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 Aspley Guise is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.
How educated are the people in Aspley Guise?
In Aspley Guise, the proportion of people who have a degree is 29%. 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 Aspley Guise is £54,700.
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.
Located in Bedfordshire is the city of Aspley Guise, 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 Aspley Guise 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 Aspley Guise 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.
Recent Comments