Allington – What to look for in houses for sale?

by | Nov 15, 2022

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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 Allington, Wiltshire.

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

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

Average asking prices for houses for sale in Allington

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £246,682
Average asking price (3 bed) £345,028
Average asking price (4 bed) £465,303
Average asking price (5 bed) no relevant data for this city

Reading the table above should therefore give you a good idea of the type of house for sale that is within your budget in Allington 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.

Before a house gets sold, the figure it sells for always starts off as an asking price. This average asking price for the houses for sale in Allington determines the eventual sale price of the house so it isn’t the most important figure but is still important to take note of. This figure is currently £375,243.

Below, there is a table showing the asking price of the different sizes of houses based on the number of bedrooms of the houses in Allington.

In Allington, what are the rental yields?

In Allington, how has the number of houses changed?

Before making an investment and move forward with buying a house for sale, another important set of data an investor should analyse is the growth trends of the area in question.

Below are the forecasted growth rates for the city of Allington at 1 year, 3 year and 5 year intervals:

1 year 3 years 5 years
Allington growth rate 2% 10% 20%

Examine this figure carefully as the addition of a lot of new houses to meet demand could mean that house price of the houses for sale in Allington gradually reduces with an increase in the housing supply. This could be a good indicator to understand if your house will appreciate or not. Too many houses and too much supply could drive down the prices of homes or stagnate them. So be sure to check out what is exactly happening in Allington.

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 Allington to Wiltshire and the broader suburb of the UK; South West.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Allington 3.2% £989 no relevant data for this city 25.0%
Wiltshire 3.55% £1,010 140.00% 20.50%
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 Allington for profit in the future, in this case, looking at the data for the number of houses sold per month in Allington would give you an idea of whether the area is actively getting new investors. This figure is 29.

It is vital you be careful with this figure however as the data can suggest something that isn’t true in Allington. 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.

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

As well as looking at the asking price for house for sale in Allington, 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 Allington.

Houses for sale, are sold on average in Allington, after the influence of these factors, at £294,469 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 7% over the last 10 years.

Housing category Total final sale price
Aerage sold price (detached) £372,352
Aerage sold price (semi-detached) £264,134
Aerage sold price (terraced) £233,430
Aerage sold price (flat) £151,807

This table above shows the average sale price for each variation of houses for sale in Allington.

Housing category Sale price per square foot
Aerage sold price/sqft £2,930
Aerage sold price/sqft (new build) £3,050
Aerage sold price/sqft (old stock) £2,790

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 Allington is £2,930.

This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.

What kind of demographics does the city of Allington have?

How much are those living in Allington earning?

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 £49,100.

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 Allington this figure is 24%.

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

In the city of Allington, there are 24.0 acres of green space per 1000 residents.

The charity, ‘Fields in Trusts’ recommends a minimum of 6 acres of green space per 1000 people so it is easy to see where Allington is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.

In Allington, what is the crime rate?

In Allington, for every 1000 people, there is currently a crime rate of 70. This can be compared to the national average of 79.52 for every 1000 people.

Low crime rates are desirable for your safety as a homeowner. Even if you don’t tend to leave the house too often and tend to not mind living in a slightly more dangerous area. Things like burglaries are always a possibility which could harm your ability to pay for home insurance and also may force you to install additional security in your home that can cost you further.

Having said this, you can look at the crime rate on a deeper level to find out what the threats are exactly. It could be the case that a proportion of these crimes (70 for every 1000 people) come from things like anti-social behaviour rather than more serious crimes like violence and sexual offences.

If this is the case you may be more willing to look over a high crime rate within the areas you’re looking to buy a home.

What is the social grade score of Allington?

The social grade score is a good indicator of what type of jobs people generally work in the area. Whether that be working in the primary sector, secondary sector, tertiary sector or maybe the quaternary sector of jobs.

The scale is slightly different to this though on a scale of A to E. A refers to people who are in the most skilled, managerial roles whereas E include people such as casual workers.

In Allington, the percentage of people in the two highest categories, A and B is 24%. This figure includes people who are therefore most likely to be more skilled and have higher paid jobs.

When contrasting these figures, the average household income for the area is £49,100. This income will generally get bigger as the percentage of people in the A and B categories go up too (24%).

Have the people of Allington grown in numbers?

The city of Allington has a total population of 31,245. 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 Allington 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 Allington

Over time, in the last five years, the population of the city of Allington has changed by 3%. 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 3% 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 Allington?

In the last 10 years, there has been a shift in the population of 7%.

Comparing this to the 5 year figure of Allington 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.

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

In the city of Allington, 29% people have a degree from a university. The higher this proportion is, in general, the more likely it is that the population is able to buy a house.

Interestingly, as people who have degrees go up, the average income of the area goes up too. You can see if there is a correlation, the average household income in the UK is price34,000 and the average income in Allington is £49,100.

This should correspond with the average percentage of people in the UK who have degrees at 22.6%.

The city of Allington, situated in Wiltshire, is a particularly impressive part of the UK because of the specific demographics of the location.

In the below headings, the city of Allington and its demographics will be compared to its wider location (South West). This includes population size, growth and population education now and into the future.

These statistics are heavily influenced by socio-economic factors and as a result this also shapes the projected house price of the houses for sale in Allington. So, taking a good look at the data is essential to understand the area you are considering to buy in.

How deprived is the population of Allington?

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Allington, currently, 17% people fall into this category.

Measuring this statistic against the nationwide average of 33% should give you a pretty good idea of where the city lies in the scale of poverty in the area.