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How much will you pay for a house for sale in Aldsworth?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in the South West $ How much will you pay for a house for sale in Aldsworth?

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 Aldsworth, Gloucestershire.

From the average asking price of houses for sale in Aldsworth to the growth of the population in the area, all will be talked about regarding the city of Aldsworth. So you will get better clued up on the area, and make finding a house for sale in the UK easier.

What’s the rental yield in general for the city of Aldsworth?

Is the housing market in Aldsworth growing?

Before committing to Aldsworth 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
Aldsworth growth rate 3% 17% 28%

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 Aldsworth is building housing to find your answer.

Let’s consider that you’re not looking to buy a house for sale to live in for the long term future such as if you changed location with your family and want to settle down and you want to find somewhere to buy as an investor in Aldsworth. If this is the case, rental yield is a crucial statistic to consider.

If looking to invest, you should also consider other data about the area. The average rental income, the turnover of the sale of the house and what the net rental yields are like for the area do also have an impact on the final price of houses for sale in Aldsworth.

It is clear to see from the table below that there is a difference between all of these pieces of information and how they can be compared and contrasted on a county level (Gloucestershire), a regional level (South West) and finally on the level of the city talked about in this article, Aldsworth.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Aldsworth 3.0% £1,321 no relevant data for this city 15.0%
Gloucestershire 3.43% £1,098 129.75% 16.64%
South West 3.57% £1,079 132.66% 17.35%

You may also find it useful to compare the data above to the number of properties sold per month Aldsworth experiences. This figure for house sales per month is 20. Looking at all this information holistically is what a smart investor should do when deciding on the right area for investment before looking for houses for sale.

In general, for the city of Aldsworth, what are the final purchase prices for the houses for sale?

For the city of Aldsworth, the average price a house sells for is £426,564. This value usually depends on the exact location of the house within Aldsworth as well as other factors like the population growth in Aldsworth which is 11% over a ten-year period.

Housing category Total final sale price
Aerage sold price (detached) £537,040
Aerage sold price (semi-detached) £329,367
Aerage sold price (terraced) £296,140
Aerage sold price (flat) £235,905

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 Aldsworth.

Housing category Sale price per square foot
Aerage sold price/sqft £3,490
Aerage sold price/sqft (new build) £3,180
Aerage sold price/sqft (old stock) £3,400

Generalising the bottom table, the average value per square foot of a house for sale is £3,490. This value averages all of the types of houses for sale in Aldsworth. 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 Aldsworth.

What is the asking price on average of houses for sale in Aldsworth?

On average, in Aldsworth, the asking price for a house for sale in the area is £535,421.

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 Aldsworth. 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 Aldsworth

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £348,825
Average asking price (3 bed) £452,210
Average asking price (4 bed) £723,471
Average asking price (5 bed) £1,008,750

Reading the table above should therefore give you a good idea of the type of house for sale that is within your budget in Aldsworth and if you may need to look at a different area in order to buy the type of house you can afford.

Also, noting the £0 should also give you an overview of what the asking price for houses for sale are in general.

What are the demographics like in the city of Aldsworth?

For the city of Aldsworth, what is the education level?

In the city of Aldsworth, 36% 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 Aldsworth is £45,900. 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 is the social grade score of Aldsworth?

In the city of Aldsworth and throughout the UK, the social grade score is assessed by observing what type of jobs people have and then grouping this into a grading system.

In general, the people at the top of the scale (the A category) have the highest paid, most skilled jobs and this is just 4% of the general UK population. On the lower end of the scale, people who are on benefits, state pensions and also manual workers all are grouped into this category that represents the most unskilled.

When trying to determine if the area of Aldsworth has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 29%.

Below, you can see how this compares to the National average as the average for the top two categories nationwide is 27% (Adding together the A and B categories)

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

Aldsworth within Gloucestershire is notable for the type of people that live there. The statistics below show how this is the case.

As you read on, Aldsworth will be looked at by comparing it to the local region, as well as comparing it to the wider region too (South West). From what the population of the city is to how it’s growing as well as factors like the overall crime rate.

This data is impacted by the history of the area and what kind of industry there is around. All of which also impact house prices which is crucial for you to understand as you look at houses for sale in Aldsworth.

In the city of Aldsworth, has the population grown or shrunk?

The city of Aldsworth has a total population of 22,202. 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 Aldsworth 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 Aldsworth

Over time, in the last five years, the population of the city of Aldsworth has changed by 7%. 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 7% 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 Aldsworth?

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

Comparing this to the 5 year figure of Aldsworth 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 deprived is the population of Aldsworth?

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 Aldsworth is 15%.

Is the crime rate bad in the city of Aldsworth?

For every one thousand people living in Aldsworth, 67 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 67 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.

How much do people in Aldsworth 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 (29%). 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 Aldsworth, this works out to be £45,900. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.

In the city of Aldsworth, is there a lot of green space?

Providing the right amount of green space for people in the UK is a difficult subject because there are clear benefits for human health but at the same time, it is hard to make sure all areas of the UK can get enough greenery. This is a result of land being already in use in cities where most people live.

In Aldsworth, 18.4 is the amount of acres of outdoor space there is for every 1000 people. Charities such as ‘Fields in Trust’ recommend there to be at least 6 acres. This should allow you to conclude whether this green space is sufficient for you if you are interested in buying in Aldsworth.

Advice from experts on properties for sale in Aldsworth

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

A house for sale that is right for you

Many criteria impact the price of houses for sale in Aldsworth.
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.

Are you considering other cities with houses for sale?

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

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.

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