What is it like buying a house in Alfardisworthy?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in the South West $ What is it like buying a house in Alfardisworthy?

Alfardisworthy 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 Alfardisworthy.

On top of this, keep reading for detailed information on the demographics of Alfardisworthy in Cornwall. 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, what do houses for sale sell for in Alfardisworthy?

In Alfardisworthy, houses for sale are sold at an average of £280,428. In general, multiple factors impact this figure because lots of variables impact properties valuation. This can include the quality of the buildings in general, whether the population has grown, if there is demand for housing or if there is a low crime rate which would make the area more desirable.

In the table below, you can see for yourself how the average price of a house for sale looks based on the different sizes of housing in Alfardisworthy. The exact amount of variation between the types of housing depends on the local demand for particular types of houses in the area.

Housing category Total final sale price
Aerage sold price (detached) £325,318
Aerage sold price (semi-detached) £199,845
Aerage sold price (terraced) £171,734
Aerage sold price (flat) £123,313

As you can see above, for Alfardisworthy, price varies based on the type of house that is being sold. If these prices shock you it could be due to population change in the last 10 years of 8% where lots of movement may inflate or deflate house prices.

Housing category Sale price per square foot
Aerage sold price/sqft £2,470
Aerage sold price/sqft (new build) £2,240
Aerage sold price/sqft (old stock) £2,350

Looking at the second table about Alfardisworthy, you are able to tell which type of housing is most affordable to you as a buyer. However, for a general overview of what house price is, the average price per square foot for a house in Alfardisworthy is £2,470.

Always consider average rental yield when searching for houses for sale in Alfardisworthy

If you’re buying a house for investment rather than for the reason to live in the house over time and use the house as a place to stay in the long term, there is a need to look at the rental yield figure to see if the house for sale you are considering to buy is a good investment or not.

This figure is usually looked at by investors as well as the rental income of the area, the sale turnover and the rent turnover.

The table below represents this data and compares Alfardisworthy to Cornwall and the broader suburb of the UK; South West.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Alfardisworthy no relevant data for this city no relevant data for this city no relevant data for this city 9.0%
Cornwall 3.46% £950 116.50% 13.34%
South West 3.57% £1,079 132.66% 17.35%

Let’s assume you want to sell the house you’re looking to buy in Alfardisworthy for profit in the future, in this case, looking at the data for the number of houses sold per month in Alfardisworthy would give you an idea of whether the area is actively getting new investors. This figure is 9.

It is vital you be careful with this figure however as the data can suggest something that isn’t true in Alfardisworthy. To give an example, a lot of people buying new houses could also indicate there are a lot of new first time buyers in the area which would in fact drive down the rental yield.

The more people there are interested in renting, rather than buying, the more likely that area of the UK has high rental yields and hence investors like these areas to invest in to create a large amount of cash flow.

Are there more or fewer houses being built in Alfardisworthy?

The growth of an area like Alfardisworthy can be a great indicator of a thriving city and the influx of new people can drive demand for housing and help appreciate the value of your house after you buy it.

Paying attention to the table below tells you how the number of houses has changed over time at one year, three year and five year intervals.

1 year 3 years 5 years
Alfardisworthy growth rate no relevant data for this city 31% 56%

Despite the number of houses being built rising, this may not indicate that the housing price of the houses for sale is going up. It could be the case that there are a lot of new builds in the area which are causing the supply of the houses for sale to match demand and this could cause a decline in house price as time goes on.

Make sure you do your own research specific to the city of Alfardisworthy if you want to find out the exact reasons for the housing change.

In Alfardisworthy, what are the demographics like?

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

As you read on, Alfardisworthy 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 Alfardisworthy.

How deprived is the population of Alfardisworthy?

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 Alfardisworthy is 25% 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 Alfardisworthy, has the population grown or shrunk?

Population growth in Alfardisworthy is important to know if there is housing demand and the total population may also be looked at as large populations commonly have a lot of buyer demand.

In Alfardisworthy, 10,653 people live in the city as their main place of residence.

It is important to note that it is not the case that everyone likes a large population to live in. People who tend to prefer a more relaxed life are more likely to buy or rent somewhere to live that has a small population and perhaps also wouldn’t mind if the population isn’t growing.

Other people also like to have a mix of both. Where they can visit rural areas and also benefit from the amenities of a busy city.

In Alfardisworthy in the previous five years, have population numbers transformed?

Five years may seem like a long time but it is rare for a city to grow that much unless there is dramatic population growth. In Alfardisworthy, this change has been 4%. Read more here

Someone who wishes to find out how this change has occurred over a longer period of time may also wish to read the headings below and see if the change has continued throughout the past decade too. Or if the change is only true for the more recent figure for five years of 4%. Click here to know more on the UK population trends.

Over the last decade, how has the population differed in Alfardisworthy?

Populations change all the time but if there is a clear change in population in the last ten years this is even more reliable data about the population of the area as opposed to five. This adjustment in population works out to be 8% in Alfardisworthy.

What this statistic is like in comparison to the population change in five years should provide you with a comprehensive understanding of what direction the population is heading in.

In recent years because of the pandemic, it is common to see dramatic differences in the population change in the last five years when comparing it to ten as people realise they can work from home but still keep the current jobs they have.

This means they can move to cities they wouldn’t have considered otherwise and be location-independent of their source of income. Perhaps making a longer commute into the office every week for example.

What salary does the community in Alfardisworthy take home?

While not always the case, the amount people earn can be associated with better schools in the area and perhaps a nicer environment to live in.

£36,500 is the average household income of the area. And the higher this figure is the more likely it is that there is a higher percentage of people with a social grade score in the A or B categories which is 13% for Alfardisworthy.

What’s a social grade score and how does it relate to Alfardisworthy?

In the city of Alfardisworthy, the social grade score of the area is 13%. 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 Alfardisworthy.

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 Alfardisworthy, is there a lot of green space?

In the UK, there are a range of cities which have a lot of green space. In some cases, green space can get as high as 49% of outdoor land like in the city of Edinburgh. When specifically talking about Alfardisworthy, the city has 13.9 per 1000 residents.

This can be compared to an average of 1.7 acres of green space per 1000 residents which is the UK’s national average. It is up to you to decide how much you’ll let the amount of green space impact your buying decision in Alfardisworthy.

How educated are the people in Alfardisworthy?

The number of people as a percentage who have been through university and gained a degree is 19%. The ability to buy a home is greatly influenced by the number of people who have degrees. £36,500 is the amount people in Alfardisworthy 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 Alfardisworthy, 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.

What’s the crime rate in Alfardisworthy?

Within Alfardisworthy, the number of people committing crimes is 42 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 42 figure carefully.

Asking price in Alfardisworthy for a house for sale

Table showing the asking prices for houses for sale in Alfardisworthy

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £190,752
Average asking price (3 bed) £399,624
Average asking price (4 bed) £503,086
Average asking price (5 bed) no relevant data for this city

The above table is perfect for understanding the distribution of properties in the area as well as looking at this data alongside the average asking price per square foot of £0. Telling you what type of house is most in demand relative to the price of the area.

This could be due to more people looking at particular types of houses for sale over others or even due to the fact that Alfardisworthy has a lack of supply of housing in certain categories.

When investors make offers for houses for sale in Alfardisworthy, the average price asked by the homeowners works out to be £388,600.

In the table below, for all the different sizes of houses in the area, the average asking prices have been displayed. This tells you what kind of house is more or less expensive and sought after despite houses with fewer bedrooms being overall less expensive anyway.

Any house that looks like it is overpriced for the number of bedrooms it has in Alfardisworthy is typically not overpriced. It is just the case that that type of housing has a higher demand, therefore, people are willing to pay more.

Professional advice for houses for sale in Alfardisworthy

Finding the ideal house for sale for you

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

House for sale in the same UK region

Examine this short list of cities belonging to South West, the same region where Alfardisworthy is located.

If none of these is of your interest, we suggest you visit our landing page with all data related to the houses for sale in the UK.

Who should you talk to while going through the process of making an offer on a house for sale?
Several experts specialise in giving advice to property investors or to first time potential buyers.

Since the process of finding the right house for sale can take months, you have all the time to consult with the experts you might need.

Find here a list of those you should contact to get professional guidance and assistance when purchasing a house for sale:

  • Lender – This practitioner can lend you money to finalise a house purchase
  • Insurer – Insuring companies will provide you with the insurance policy you need to protect the house for sale you want to buy
  • Legal representative – This professional is usually there to handle all the legal tasks associated with purchasing a home for sale.
  • Surveyor – Carries out and independent valuation on the house for sale based on its conditions. It is very useful to understand the correct price before making an offer
  • Mortgage specialist – Mortgage advisors works on commissions. They will get a cut from the bank and will guide you with offering the best deals given your financial situation
  • Energy assessor – We strongly suggest you to invest in a professional assessment of the Energy Performance of the house for sale you want to purchase