What is it like buying a house in Aylesford?

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

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

Who can help you buy a house for sale in Aylesford?

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

Are there any important statistics about the population of Aylesford?

How educated are the people in Aylesford?

The number of people as a percentage who have been through university and gained a degree is 20%. The ability to buy a home is greatly influenced by the number of people who have degrees. £50,000 is the amount people in Aylesford 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 Aylesford, 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.

How much green space is available to residents of Aylesford?

There are cities in the UK such as Edinburgh and Bristol that have a higher percentages of green space with Edinburgh being the most at 49%. The city of Aylesford currently has 27.7 for every 1000 residents.

Green space helps the quality of people’s mental health as well as fight against diseases like obesity. As studies have shown that the proximity of people to green spaces in the UK has a positive impact on the physical health of people in the UK and Aylesford in this case.

What is a social grade score and how does this relate to Aylesford?

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 Aylesford in grades A or B which are the highest skilled roles in the country is 21%. Realistically, you can expect workers in this category to earn a higher salary too.

For comparison, £50,000 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 21%.

What does the population of Aylesford look like?

The city of Aylesford has a total population of 20,645. 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 Aylesford 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 Aylesford

Over time, in the last five years, the population of the city of Aylesford has changed by 5%. 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 5% 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 Aylesford?

In the last 10 years, there has been a shift in the population of 11%.

Comparing this to the 5 year figure of Aylesford 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.

How much do people in Aylesford earn?

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 Aylesford, the average income is £50,000. 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 21% to decide on what the demographics are like in the area.

Is the city of Aylesford 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 Aylesford 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 Aylesford, what is the crime rate?

For every one thousand people living in Aylesford, 86 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 86 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.

Located in Kent is the city of Aylesford, 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 Aylesford 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 Aylesford 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.

houses for sale in other cities in the UK

Below are a list of towns with a similar location to Aylesford.
Reading these analysis will help you evaluate the different houses for sale currently listed in South East:

• Ditchling in South East
• Ampthill in South East
• Crookham in South East
• Baldslow in South East
• Aldermaston-Soke in South East

If you are interested in some other city or even region of the UK, please visit the following page houses for sale in the UK it contains all the data related to the houses for sale.

In Aylesford, what are the rental yields?

Is the housing market in Aylesford growing?

Whenever you are thinking about looking for houses for sale in Aylesford, think about how the city is growing and how this may impact the overall growth of the area.

Comparing the growth at different time periods would be a great way to assess whether the growth has slowed down, remained the same or perhaps stagnated over the years.

	1 year	3 years	5 years
Aylesford growth rate	8%	19%	18%

As the population of Aylesford grows, this may also push up the price of the houses for sale. More people would be looking to buy homes and permanently live in the area. This demand helps a home appreciate. However, this isn’t always true because some cities build a lot of houses too to match the supply.

The figure of rental yield is commonly looked at by investors who wish to increase their income by investing in areas where rental yields of the houses for sale are higher. Usually, the higher the rental yield, the more attractive a house for sale is for an investor.

Nonetheless, there are also instances where an investor will go with a house with lower yields in order to benefit from the appreciation of a house too which is why it’s vital to look in to all the details of Aylesford.

The data below shows the rental yield, rent turnover and the percentage of the money made on the sale of a house. The data is broken down into the county city is in (Kent) as well as the broader region; South East.

	Average Yield	Average Asking rent	Turnover (rental)	Turnover (sale)
Aylesford	3.7%	£1,215	no relevant data for this city	16.0%
Kent	3.63%	£1,229	130.16%	16.77%
South East	3.58%	£1,301	127.50%	16.69%

Also, you can compare other data to the table above such as the number of houses sold per month in Aylesford which is 15 and get a better understanding of the housing market.

This is great if you want to gauge if investors are actively looking for houses for sale in the area over other areas in the UK which may be an induction of how profitable Aylesford is to invest in. Both in terms of rental yield and capital appreciation.

Asking price in Aylesford for a house for sale

When speaking about the city of Aylesford, £399,423 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 Aylesford 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.

In the city of Aylesford, 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)	£286,482
Average asking price (3 bed)	£392,024
Average asking price (4 bed)	£511,346
Average asking price (5 bed)	no relevant data for this city

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 Aylesford is £3,440. This should show you the general prices overall and for individual types of houses too.

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 Aylesford.

• 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.

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

There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Aylesford. In Aylesford, this sale price works out to be £318,611. As an example, a factor like population growth over the last 10 years which works out to be 11% in Aylesford and impacts house prices of the houses for sale.

Housing category	Total final sale price
Average sold price (detached)	£469,242
Average sold price (semi-detached)	£334,756
Average sold price (terraced)	£272,575
Average sold price (flat)	£196,725

Above, the exact type of house is also shown to vary in price in a table in Aylesford. 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	£3,550
Average sold price/sqft (new build)	£3,510
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 Aylesford which is £3,500. 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.