As a landlord, whenever you are looking at houses for sale in Gloucestershire, you could find varying prices throughout an area like Adlestrop. 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 Adlestrop 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 Adlestrop will be revealed. Keep reading.
In Adlestrop, what are the rental yields?
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 Adlestrop this statistic is what you were looking for.
Data should also be compared to the broader region of the UK (South West) alongside Gloucestershire 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 Adlestrop.
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)|
|Adlestrop||3.4%||£1,487||no relevant data for this city||18.0%|
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 Adlestrop.
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.
Is the housing market in Adlestrop growing?
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 Adlestrop that shows the growth in recent years.
|1 year||3 years||5 years|
|Adlestrop growth rate||-4%||16%||6%|
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 Adlestrop is important.
What are the demographics like in the city of Adlestrop?
What is the social grade score of Adlestrop?
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 Adlestrop in grades A or B which are the highest skilled roles in the country is 27%. Realistically, you can expect workers in this category to earn a higher salary too.
For comparison, £42,000 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 27%.
Are the people of Adlestrop deprived?
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 Adlestrop, in particular, the deprivation levels are 16%.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
Adlestrop in the county of Gloucestershire 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 Adlestrop 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 Adlestrop, 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.
How much do people in Adlestrop earn?
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 (27%). 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 Adlestrop, this works out to be £42,000. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
Is the crime rate bad in the city of Adlestrop?
Within Adlestrop, the number of people committing crimes is 73 per 1000 people. This figure directly relates to the safety of residents in the area which is one of the biggest factors in whether an area is considered desirable or not.
As a result, someone looking to buy a house here hoping for it to appreciate in value or buying a house here to produce rental income should check out the crime rate and compare it carefully to the UK average of 79.52 for every 1000 people to see how safe people living there will be.
If the area’s crime rate is too high, this may result in you having to pay for the renovation of burglaries or pay a premium on home insurance as insurance companies will charge you more for living in a dangerous area. So analyse this 73 figure carefully.
How educated are the people in Adlestrop?
In Adlestrop, the proportion of people who have a degree is 35%. 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 Adlestrop is £42,000.
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.
Do the people of Adlestrop get to enjoy green space?
Whether you view green space in Adlestrop 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 Adlestrop, the number of acres of green space for every 1000 people currently is 11.1 which can be measured against the UK average of 1.7.
What is the population of Adlestrop?
In total, the number of people in Adlestrop is 8,564. 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 Adlestrop, depending on where exactly you are.
How has Adlestrop 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 Adlestrop has changed by 6%. 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 6% 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 Adlestrop?
9% 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 Adlestrop 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.
What is the asking price on average of houses for sale in Adlestrop?
On average, in Adlestrop, the asking price for a house for sale in the area is £522,052.
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 Adlestrop. 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.
The average asking price for the houses for sale in the city of Adlestrop
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£336,625|
|Average asking price (3 bed)||£464,583|
|Average asking price (4 bed)||£923,462|
|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 Adlestrop is the right area to buy a house in for you.
In general, for the city of Adlestrop, what are the final purchase prices for the houses for sale?
There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Adlestrop. In Adlestrop, this sale price works out to be £366,149. As an example, a factor like population growth over the last 10 years which works out to be 9% in Adlestrop and impacts house prices of the houses for sale.
|Housing category||Total final sale price|
|Average sold price (detached)||£522,539|
|Average sold price (semi-detached)||£301,778|
|Average sold price (terraced)||£298,008|
|Average sold price (flat)||£208,690|
Above, the exact type of house is also shown to vary in price in a table in Adlestrop. 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||£3,390|
|Average sold price/sqft (new build)||£3,210|
|Average sold price/sqft (old stock)||£3,380|
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 Adlestrop which is £3,390. 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.
Get professional help on the houses for sale in Adlestrop
Are you considering 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 West, the same UK region as Adlestrop:
- Alhampton in South West
- Brokenborough in South West
- Bridford in South West
- Crafthole in South West
- Down-Thomas in South West
You may also refer to our landing page specific to UK houses for sale, houses for sale in the UK
Finding the ideal house for sale for you
Many criteria impact the price of houses for sale in Adlestrop.
Here below are the most important ones according to Lofti’s expertise:
Affordability – (see what house for sale can you afford?)
A guide from the UK government
House Location – The borough and region of the UK you want to invest in is an important factor to consider when looking for a home for sale.
Transport – Commuting can be a waste of time. Minimise it by checking how long it will take from the house for sale you’re interested in, to your office before considering buying
Number of bedrooms – The number of bedrooms goes hand in hand with the house for sale price. If you are buying for the long period try to think if you might need an extra bedroom
Energy performance of the house for sale – The difference between an EPC rating of A and an EPC rating of G can impact your monthly utility bills, consider this when evaluating houses for sale.
Internet connection – Being able to take video calls from your home is crucial nowadays, always check the broadband of the area when browsing houses for sale
Car park – Ask the property seller for parking availability. If it is included in the price of the house for sale, you can justify paying more than you would at first glance
Conditions of the house for sale – Repair works can be expensive and take a lot of time, assess the conditions of the houses listed for sale before making an official offer.
Considering all the above data and information provided, you may want know who can help you buy a house for sale.
Lots of professionals offer property investors and first-time buyers advice and assistance in dealing with the process of acquiring a house for sale.
Below, you can find a list of professionals that come in handy when looking for houses for sale:
- Lender – Is someone capable of lending you the money you need to complete the purchase of the house for sale
- Insurer – Insurance companies provide building insurances and other financial products you need to protect your real estate assets
- Conveyancer – This professional will take care of the legal work needed when looking for a house for sale
- Surveyor – Use this professional to assess the condition of the house for sale you are willing to buy, get an independent valuation and feel more comfortable when negotiating the final price
- Mortgage broker or adviser – Different buyers can access different mortgages to buy a house for sale. Let the mortgage broker suggest to you which one is the best given your financial situation
- Energy professional – Nowadays is more important than ever, to get professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering as your next investment