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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 Angarrack, Cornwall.
From the average asking price of houses for sale in Angarrack, to the growth of the population in the area, all will be talked about regarding the city of Angarrack. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
Are you considering other cities with houses for sale?
Below is a list of towns that differ from Angarrack.
Going over these locations will help you evaluate the different houses for sale across the UK. Whether that be in the same or a very different region to South West:
- ball-haye-green in South West
- greenham in South West
- ferring in South West
- east-ayton in South West
- adbaston in South West
If you are interested in other cities or even regions of the UK, please visit the following page for more information:houses for sale in the UK it contains all the data related to the houses for sale in our nation.
What is the final sale price of a house in Angarrack?
For the city of Angarrack, the average price a house sells for is £256,710. This value usually depends on the exact location of the house within Angarrack as well as other factors like the population growth which is 8% over a ten-year period.
Housing category | Total final sale price |
---|---|
Aerage sold price (detached) | £312,481 |
Aerage sold price (semi-detached) | £238,054 |
Aerage sold price (terraced) | £203,939 |
Aerage sold price (flat) | £143,129 |
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 Angarrack.
Housing category | Sale price per square foot |
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Aerage sold price/sqft | £2,700 |
Aerage sold price/sqft (new build) | £2,660 |
Aerage sold price/sqft (old stock) | £2,600 |
Generalising the bottom table, the average value per square foot of a house for sale is £2,700. This value averages all of the types of houses for sale in Angarrack. 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 Angarrack.
Bear in mind that if you are a landlord looking to buy a property to rent, you will also run into other expenses like letting agent fees and the cost of listing your property for sale on Rightmove in your city.
Are there any important statistics about the population of Angarrack?
In Angarrack, what are the deprivation levels like?
The deprivation levels of the UK can vary quite a bit. High deprivation levels signal a particular area has people who are struggling to make ends meet and pay for basic living expenses. For Angarrack, in particular, the deprivation levels are £0.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
What’s a social grade score and how does it relate to Angarrack?
The social grade of a city is useful when searching for a house for sale because it tells you what kind of jobs people have in the area. For example, there could be a lot of skilled manual workers or there could be a lot of pensioners and people on benefits.
The scale goes from a social grade of an A who are high managerial, administrative or professional workers to an E where people in this category are on state pensions, casual workers or unemployed on state benefits. The number of people in Angarrack in grades A or B which are the highest skilled roles in the country is 15%.
Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £35,500.00 is the average household income of the area. You can see how this figure is congruent with the number of people in the top two categories of the social grade at 15%.
The city of Angarrack, situated in Cornwall, is a particularly impressive part of the UK because of the specific demographics of the location.
In the below headings, the city of Angarrack 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 Angarrack. So, taking a good look at the data is essential to understand the area you are considering to buy in.
In Angarrack, how has the population changed?
The city of Angarrack has a total population of 14776. 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 Angarrack 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 Angarrack
Over time, in the last five years, the population of the city of Angarrack has changed by 4%. 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 4% 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 Angarrack?
In the last 10 years, there has been a shift in the population of 8%.
Comparing this to the 5 year figure of Angarrack 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.
In the city of Angarrack, is there a lot of green space?
Whether you view green space in Angarrack 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 Angarrack, the number of acres of green space for every 1000 people currently is 9 which can be measured against the UK average of 1.7.
Is the crime rate bad in the city of Angarrack?
In Angarrack, for every 1000 people, there is currently a crime rate of 6200%. 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 (6200% 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.
In Angarrack, how educated are people in general?
The number of people as a percentage who have been through university and gained a degree is 23%. The ability to buy a home is greatly influenced by the number of people who have degrees. £35,500.00 is the amount people in Angarrack 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 Angarrack, 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 Angarrack earning?
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 (15%). 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 Angarrack, this works out to be £35,500.00. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
Advice from experts on properties for sale in Angarrack
Considering all the above data and information provided, you may want know who can help you buy a house for sale.
Lots of professionals offer property investors and first-time buyers advice and assistance in dealing with the process of acquiring a house for sale.
Below, you can find a list of professionals that come in handy when looking for houses for sale:
- Lender – Is someone capable of lending you the money you need to complete the purchase of the house for sale
- Insurer – Insurance companies provide building insurances and other financial products you need to protect your real estate assets
- Conveyancer – This professional will take care of the legal work needed when looking for a house for sale
- Surveyor – Use this professional to assess the condition of the house for sale you are willing to buy, get an independent valuation and feel more comfortable when negotiating the final price
- Mortgage broker or adviser – Different buyers can access different mortgages to buy a house for sale. Let the mortgage broker suggest to you which one is the best given your financial situation
- Energy professional – Nowadays is more important than ever, to get professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering as your next investment
On average, what is the figure for the asking price of a house for sale in Angarrack?
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 Angarrack 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 £334,919.
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 Angarrack.
Average price of houses for sale in Angarrack
Average asking price (1 bed) | no relevant data for this city |
Average asking price (2 bed) | £273,594 |
Average asking price (3 bed) | £329,999 |
Average asking price (4 bed) | £551,064 |
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, the average asking price for the house for sale in the whole of Angarrack is £0. This should show you the general prices overall and for individual types of houses too.
Always consider average rental yield when searching for houses for sale in Angarrack
Is the housing market in Angarrack growing?
The growth of an area like Angarrack 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 | |
---|---|---|---|
Angarrack growth rate | -2% | 16% | 26% |
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 Angarrack if you want to find out the exact reasons for the housing change.
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 Angarrack. 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 Angarrack.
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 (Cornwall), a regional level (South West) and finally on the level of the city talked about in this article, Angarrack.
Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
---|---|---|---|---|
Angarrack | no relevant data for this city | no relevant data for this city | no relevant data for this city | £0 |
Cornwall | 3.46% | £950.00 | 116.50% | 13.34% |
South West | 0.04 | 1,078.69 | £1 | 17.35% |
You may also find it useful to compare the data above to the number of properties sold per month Angarrack experiences. This figure for house sales per month is 10. 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.
Invest in a house for sale that meets your demands
What parameters impact the final price of a house for sale in Angarrack?
Here below is our list with the most important ones:
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House for sale affordability – check out the (see house affordability guide)
on the UK gov website to know more
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House Location – the actual location of a house for sale drastically changes the final price of a property
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Transports you can reach by foot – Commuting is part of our lives, especially in big cities, check it out before buying a house for sale.
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Number of bedrooms – Usually, the bigger the house for sale the more bedrooms it will have. For example, if you are a single person (or a couple) one bedroom will do.
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Energy Performance Certificate of the house for sale – Bad EPCs can result in thousands of pounds more in bills you will have to pay on an annual basis. Consider this when purchasing a new property.
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Internet connection – Having a quick internet connection is fundamental nowadays. Check the area of the house for sale to understand what the average internet speed is and see if it fits your needs
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Do you drive to the office? – If yes, ask about parking. Is it included in the house price?
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Special areas – Start by taking a look at the National Heritage list by the UK government. If a house listed for sale appears in the list, the future landlord won’t be able to invest in changes to the real estate asset.
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Houses for sale Conditions – When looking for houses for sale you should always consider the amount of time and money you will have to invest to complete the needed repairs, if any at all.
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