Whenever looking for a house for sale in the UK or in Almer, it is vital you look at the market trends and house price fluctuations in the wider area of Dorset too. House prices of houses for sale can change even among different streets very close to each other so, as a landlord, it would be a good idea to be familiar with the area of Almer.
In this article, we will be looking at the city of Almer in detail so you know how to navigate the area and have a better understanding on where to invest.
In general, for the city of Almer, what are the final purchase prices for the houses for sale?
For the city of Almer, the average price a house sells for is £307,416. This value usually depends on the exact location of the house within Almer as well as other factors like the population growth in Almer which is 4% over a ten-year period.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£400,885|
|Aerage sold price (semi-detached)||£286,920|
|Aerage sold price (terraced)||£235,302|
|Aerage sold price (flat)||£120,783|
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 Almer.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£3,080|
|Aerage sold price/sqft (new build)||£3,250|
|Aerage sold price/sqft (old stock)||£2,940|
Generalising the bottom table, the average value per square foot of a house for sale is £3,360. This value averages all of the types of houses for sale in Almer. 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 Almer.
What are the people like in Almer?
How much do people in Almer 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 £42,900.
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 Almer this figure is 25%.
In the city of Almer, the demographics are unique and must be looked at by themself to make a conclusion about the area before buying a house. This is because the growth could be greatly different to the wider area of Dorset for example.
These demographics for Almer may impact the price of a house, how this house grows over time and the profitability of a house if you are buying it for an investment so knowing the area is crucial for a landlord making a purchasing decision in the city of Almer in South West.
What is a social grade score and how does this relate to Almer?
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 Almer, the percentage of people in the two highest categories, A and B is 25%. 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 £42,900. This income will generally get bigger as the percentage of people in the A and B categories go up too (25%).
Is the education level of Almer important when buying a house?
In the city of Almer, 29% 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 Almer is £42,900. 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.
Have the people of Almer grown in numbers?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Almer if 30,122 and in the below heading how this population has changed will be broken down.
Like most data to do with houses, all data has to be considered holistically with multiple variables to determine if the population growth actually impacts the statistics that matter to you as a landlord in Almer such as rental yield or house appreciation.
How has the population size of Almer adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Almer by 2%. Analysing this figure is a great way to tell if there is new demand for housing or not as a decreasing figure reduces the number of people who want to buy houses. Read more here
To compare this figure over a greater period of time, you could look at the figure for the 1 year population too and compare them. This way you can see if the population has changed recently or if this 2% change has historically occurred before. Click here to know more on the UK population trends.
Over the last 10 years, how has the population size adjusted in Almer?
In the last decade, the population of Almer has been adjusted by 4%. This growth may be as a result of factors like new industries employing people or emigration and immigration balancing out to create this population change.
A precedent that shows population change in this way over decades is the region of Greater London. The capital city has grown by 27% in the past 20 years. Population growth has caused house prices to go up to price523,666 on average.
What’s crime like in Almer?
For every one thousand people living in Almer, 51 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 51 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.
Are the deprivation levels of the UK any different to Almer?
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 Almer is 18%.
In the city of Almer, how much green space remains for residents?
Whether you view green space in Almer 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 Almer, the number of acres of green space for every 1000 people currently is 13.0 which can be measured against the UK average of 1.7.
Always consider average rental yield when searching for houses for sale in Almer
Are there more or fewer houses being built in Almer?
Before committing to Almer 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|
|Almer growth rate||5%||21%||27%|
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 Almer 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 Almer. 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 Almer.
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 (Dorset), a regional level (South West) and finally on the level of the city talked about in this article, Almer.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Almer||3.3%||£1,116||no relevant data for this city||14.0%|
You may also find it useful to compare the data above to the number of properties sold per month Almer experiences. This figure for house sales per month is 21. 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.
What is the asking price on average of houses for sale in Almer?
Table showing the asking prices for houses for sale in Almer
|Average asking price (1 bed)||£171,663|
|Average asking price (2 bed)||£279,180|
|Average asking price (3 bed)||£406,465|
|Average asking price (4 bed)||£619,000|
|Average asking price (5 bed)||no relevant data for this city|
The tables should give you a generic view of what the prices of the houses for sale are like. To close things off in terms of the house asking price, the average asking price for the house for sale in the whole of Almer is £3,650. This should show you the general prices overall and for individual types of houses too.
On average, in Almer, the asking price for a house for sale in the area is £401,512.
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 Almer. 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.
Advice from experts on properties for sale in Almer
Nowadays, there are so many properties on the real estate market that it can be difficult to decide which one is the best house for sale for you.
So, who can help you navigate the process of choosing a house for sale?
The number of professionals that offer real estate investors advice and assistance is broad and when it comes to dealing with houses for sale, the process can be complex.
Find here a list of those that can help when buying a house for sale:
- Moneylender – lends you the sum of money you need to buy the house for sale you are looking for
- Insurance agent – A firm that provides several insurances and protections for the house for sale that might become your future house
- Solicitor – A person or company that will sort out the legal work needed before buying a house for sale
- Civil engineer – Also called surveyor, he or she will provide you with an independent valuation of the house for sale you are willing to buy
- Mortgage advisor – Realistically, you will need a mortgage in order to afford to buy a house for sale. Mortgage advisors will guide you and propose the best mortgage deals based on your financial records
- EPC specialist – Especially nowadays, getting professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering buying is crucial
A house for sale appropriate to your needs
When browsing houses for sale in Almer you should think about lots of different criteria:
House for sale affordability – visit the dedicated page of the UK government to understand (see what you can afford)
Location of the house for sale – the region and town you are considering to live in are crucial factors to consider before looking for houses for sale. In this article, we define lots of demographic factors that should help you make a decision.
House for sale transport links – even if working from home is becoming more and more predominant, we suggest you check the transport links the house for sale has.
Number of bedrooms in the house for sale – are you looking for houses for sale for the whole family or are you single? Always think about how many bedrooms you need and if that number might change in the future
energy performance of the house for sale – What is the EPC of the house for sale? Today more than ever, is important that you check the EPC rating of the real estate assets available for sale on the market.
Internet speed in the area of the house for sale – is important to remember that internet speed is a consequence of two factors: your plan and the infrastructure available in the area. Always check these parameters before looking for houses for sale
Does the house for sale have parking – if yes, is it on-street or is the house for sale equipped with a garage?
Houses for sale in conservation areas – always check the National Heritage list. If a house for sale is part of this list it means that it might be impossible for you to make changes to the property’s internal and external structure.
Houses for sale Conditions – some properties, like new builds, need no repairs or works; other houses listed for sale may need some investment to restore them and some others may need a complete renovation. Someone looking for houses for sale should always think about how much time and money they are willing to invest to complete the needed repairs.
Thinking about other cities with houses for sale?
We have prepared a list of cities in South West, the same UK region of Almer that can help you evaluate the different houses for sale listed in the region:
- Bellever in South West
- Berkley in South West
- Broomfield in South West
- Abbas-Combe in South West
- Banwell in South West
Alternatively, you can visit our webpage dedicated to houses for sale in the UK, houses for sale in the UK.