Abbotsbury can be a tough place to find accurate information like any city in the UK. Read on to learn about which data to stay on top of when looking at house for sale in Abbotsbury.
On top of this, keep reading for detailed information on the demographics of Abbotsbury in Dorset. This is crucial in finding out if the area is worth for looking at houses for sale in the UK for an investment over the long term too.
In general, for the city of Abbotsbury, what are the final purchase prices for the houses for sale?
As well as looking at the asking price for house for sale in Abbotsbury, a sensible homeowner or investor will also consider the final price a house sells for. This final price may be influenced by elements like the amount people are earning in the area and what opportunities for employment there are in Abbotsbury.
Houses for sale, are sold on average in Abbotsbury, after the influence of these factors, at £300,949 as a result. And may be on the rise or decline depending on a combination of variables such as the crime rate, or population growth which was 4% over the last 10 years.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£378,654|
|Aerage sold price (semi-detached)||£279,436|
|Aerage sold price (terraced)||£224,338|
|Aerage sold price (flat)||£183,488|
This table above shows the average sale price for each variation of houses for sale in Abbotsbury.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£3,000|
|Aerage sold price/sqft (new build)||£2,920|
|Aerage sold price/sqft (old stock)||£2,900|
This final table looks at the price per square foot of houses for sale. Looking at the final table, you can take a further average and conclude that the average price per square foot of houses in general in Abbotsbury is £3,000.
This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.
How are rental yields of the houses for sale different to the rest of the UK in Abbotsbury?
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 Abbotsbury.
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 (Dorset) as well as the broader region; South West.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Abbotsbury||3.2%||£1,046||no relevant data for this city||15.0%|
Also, you can compare other data to the table above such as the number of houses sold per month in Abbotsbury which is 19 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 Abbotsbury is to invest in. Both in terms of rental yield and capital appreciation.
Are there more or fewer houses being built in Abbotsbury?
Whenever you are thinking about looking for houses for sale in Abbotsbury, 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|
|Abbotsbury growth rate||10%||18%||24%|
As the population of Abbotsbury 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.
Asking price in Abbotsbury for a house for sale
On average, in Abbotsbury, the asking price for a house for sale in the area is £391,772.
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 Abbotsbury. 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.
Average asking prices for houses for sale in Abbotsbury
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£265,405|
|Average asking price (3 bed)||£395,133|
|Average asking price (4 bed)||£557,121|
|Average asking price (5 bed)||no relevant data for this city|
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 Abbotsbury is the right area to buy a house in for you.
What are the people like in Abbotsbury?
How deprived is the population of Abbotsbury?
The deprivation levels of the UK can vary quite a bit. High deprivation levels signal a particular area has people who are struggling to make ends meet and pay for basic living expenses. For Abbotsbury, in particular, the deprivation levels are 24%.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
Abbotsbury in the county of Dorset is notable for its specific demographics and has individual characteristics.
For localised cities and the bigger areas of the UK there are wide variations in the demographics that shape an area so the same is also true for the wider region Abbotsbury is located in; South West.
Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Abbotsbury, what the social grade score of the city is like and if the green space matches the recommended levels people living in the UK should have.
What is the education level like in Abbotsbury?
In the city of Abbotsbury, 24% of people have degrees. In general, as the number of people who are highly educated goes up, the more likely they are to have the ability to buy houses as their annual household income goes up too.
So you can see for yourself, the average income for the people of Abbotsbury is £41,100. This generally goes up with the education level of the area. Additionally, looking at the difference between the proportion of people with degrees and the UK average for this statistic (22.6%) should give you an idea of the affluence and education of the city.
A higher education level can therefore tell you if the house prices are likely to be high as the higher income level often results in people buying a bigger, more valuable house.
Having said this, whale education level can be a good factor to go by, there are also things like the rental yields, the population growth and social grades scores that can impact the value of a house and whether it will go up in value as time goes on.
What’s crime like in Abbotsbury?
The crime rate of Abbotsbury 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 68, 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 (68) is both useful and is recommended to be compared to the average.
How much do people in Abbotsbury earn?
You may be wondering what the amount people earn has to do with house price. Well, house prices generally go up as people earn more not just because they can afford more valuable properties but also because good areas generally attract more desirable infrastructure. For reference, the average household income is £41,100.
This may be better schools, doctors and areas with lower crime rates. This results in a snowball effect which polarises different areas further, increasing the demand for housing in richer areas by a greater amount. And increasing the proportion of people with high social grade scores. For Abbotsbury this figure is 22%.
What does the population of Abbotsbury look like?
The city of Abbotsbury has a total population of 23,387. 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 Abbotsbury 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 Abbotsbury
Over time, in the last five years, the population of the city of Abbotsbury has changed by 2%. 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 2% 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 Abbotsbury?
In the last 10 years, there has been a shift in the population of 4%.
Comparing this to the 5 year figure of Abbotsbury 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.
In Abbotsbury, what is the social grade score?
In the city of Abbotsbury, the social grade score of the area is 22%. But what does this exactly mean? The figure refers to the proportion of people in the two highest categories of skilled jobs.
The categories are grouped from A to E shown in the table below. Overall, a high social grade score means there are more affluent people working in managerial and professional roles in the area.
This table shows the average breakdown of the UK in terms of where most people in the UK are working so you can compare it to the social grade score of Abbotsbury.
|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|
In the city of Abbotsbury, how much green space remains for residents?
Whether you view green space in Abbotsbury 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 Abbotsbury, the number of acres of green space for every 1000 people currently is 25.3 which can be measured against the UK average of 1.7.