Amalebra 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 Amalebra.
On top of this, keep reading for detailed information on the demographics of Amalebra 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, for the city of Amalebra, what are the final purchase prices for the houses for sale?
As well as looking at the asking price for house for sale in Amalebra, 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 Amalebra.
Houses for sale, are sold on average in Amalebra, after the influence of these factors, at £310,697 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 8% over the last 10 years.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£394,508|
|Aerage sold price (semi-detached)||£255,338|
|Aerage sold price (terraced)||£195,279|
|Aerage sold price (flat)||£173,998|
This table above shows the average sale price for each variation of houses for sale in Amalebra.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£2,860|
|Aerage sold price/sqft (new build)||£2,450|
|Aerage sold price/sqft (old stock)||£2,780|
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 Amalebra is £2,860.
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 is the asking price on average of houses for sale in Amalebra?
Average asking prices for houses for sale in Amalebra
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£255,882|
|Average asking price (3 bed)||£360,554|
|Average asking price (4 bed)||£624,214|
|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 Amalebra is £0. This should show you the general prices overall and for individual types of houses too.
When investors make offers for houses for sale in Amalebra, the average price asked by the homeowners works out to be £400,208.
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 Amalebra 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.
What are the people like in Amalebra?
Amalebra in the county of Cornwall 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 Amalebra 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 Amalebra, 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.
What is the social grade score of Amalebra?
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 Amalebra, the percentage of people in the two highest categories, A and B is 20%. 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 £37,000. This income will generally get bigger as the percentage of people in the A and B categories go up too (20%).
In Amalebra, how educated are people in general?
The number of people as a percentage who have been through university and gained a degree is 26%. The ability to buy a home is greatly influenced by the number of people who have degrees. £37,000 is the amount people in Amalebra 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 Amalebra, 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.
How much are those living in Amalebra earning?
By and large, a higher household income in a population can have positive effects on the crime rate and the quality of space. This is due to the fact that higher earners tend to buy houses where there are better schools and more desirable amenities that impact the quality of life someone has.
In Amalebra, the average income is £37,000. Measuring this figure against the average household income for the UK of price34,000 should tell you if the city is higher or lower earning.
When buying a house, use this statistic with other factors when making a decision too like the crime rate or the social grade score of 20% to decide on what the demographics are like in the area.
Do the people of Amalebra get to enjoy green space?
There are cities in the UK such as Edinburgh and Bristol that have a higher percentages of green space with Edinburgh being the most at 49%. The city of Amalebra currently has 12.5 for every 1000 residents.
Green space helps the quality of people’s mental health as well as fight against diseases like obesity. As studies have shown that the proximity of people to green spaces in the UK has a positive impact on the physical health of people in the UK and Amalebra in this case.
In Amalebra, how has the population changed?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Amalebra if 9,523 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 Amalebra such as rental yield or house appreciation.
How has the population size of Amalebra adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Amalebra by 4%. 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 4% 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 Amalebra?
In the last decade, the population of Amalebra has been adjusted by 8%. 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 Amalebra?
The crime rate of Amalebra must be looked at sceptically. The reason for this is that the crime rate can vary within a city greatly and the type of crime committed can also vary too.
For example, the area has a crime rate of 35, but another city may have a higher crime rate but not be deemed as dangerous due to lower level crime or minor offences being committed.
Either way, high crime rates are never a good sign so consider the rate against the UK average of 79.52 for every 1000 people as a benchmark.
Lower rates could mean things like home insurance is cheaper and you have to install fewer security measures throughout your house. Saving you money in the long run. So the statistic of crime rate (35) is both useful and is recommended to be compared to the average.
Is the city of Amalebra deprived?
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 Amalebra is 30%.
How are rental yields of the houses for sale different to the rest of the UK in Amalebra?
Assuming you are not looking for a house for sale in a certain area because of private reasons such as being close to a family member or you have been relocated to a new office, these are some of the factors to consider in order to understand if an investment is worth your money.
Investors typically look at data such as the average rental yield, the average asking price of rent per month, rent turnover and sale turnover. These KPIs give property investors a solid idea of how the market is performing in that area.
For the city of Amalebra, the below table demonstrates this well. To make things simple, it compares these numbers to the wider region of the UK; South West. As well as Cornwall, to give a smaller scale area to compare the data to.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Amalebra||no relevant data for this city||no relevant data for this city||no relevant data for this city||6.0%|
Assuming that in the future you want to re-sell the house you will eventually purchased in Amalebra you might be interested in the number of sales per month (5) that happen in the local housing market. Comparing this figure for Amalebra with the above table gives you a good understanding of the profitability of the area.
Is the housing market in Amalebra growing?
Whenever you are thinking about looking for houses for sale in Amalebra, think about how the city is growing and how this may impact the overall growth of the area.
Comparing the growth at different time periods would be a great way to assess whether the growth has slowed down, remained the same or perhaps stagnated over the years.
|1 year||3 years||5 years|
|Amalebra growth rate||-1%||36%||28%|
As the population of Amalebra grows, this may also push up the price of the houses for sale. More people would be looking to buy homes and permanently live in the area. This demand helps a home appreciate. However, this isn’t always true because some cities build a lot of houses too to match the supply.