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Avonmouth – What to look for in houses for sale?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in the South West $ Avonmouth – What to look for in houses for sale?

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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 Avonmouth, Somerset.

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

What is the final sale price of a house in Avonmouth?

In Avonmouth, the average sale price of a house for sale is in fact £232,044. This is dependent on the 10 year population growth of Avonmouth being 10%. Growing populations are more likely to inflate the prices of houses for sale in the city of Avonmouth.

Housing category Total final sale price
Aerage sold price (detached) £398,923
Aerage sold price (semi-detached) £233,284
Aerage sold price (terraced) £232,774
Aerage sold price (flat) £161,396

The list below is able to inform you of what these prices are. Giving you an accurate estimate of whether a landlord is likely to accept your offer based on the prices of the houses for sale in Avonmouth.

Housing category Sale price per square foot
Aerage sold price/sqft £2,740
Aerage sold price/sqft (new build) £2,640
Aerage sold price/sqft (old stock) £2,640

Evidently, certain types of houses for sale will have different types of demand and this will be reflected on the final price.

On average, the cost of a house for sale per square foot works out to be £2,740. This means if you are just looking out the houses sold in Avonmouth in general and didn’t take into consideration the type of build. For example, a new build.

A house for sale appropriate to your needs

Find here below a list of criteria that we suggest you consider before looking for houses for sale in Avonmouth

  • affordability – the UK gov website comes in helpful when you want to understand (see what house for sale you can afford)

  • Geographic Location – the county and region across the UK you are considering to invest in are crucial factors to consider when browsing houses for sale.

  • Transport network of the house for sale – Hopefully, the pandemic stays in the past. Therefore, working from home may become less predominant than a couple of years ago. Check the commuting time of the house for sale you are considering buying.

  • Bedrooms in the house for sale – are you looking for houses for sale for yourself, for a couple or for the whole family? This condition will narrow down the number of houses for sale relevant to buy.

  • EPC of the house for sale – today more than ever, the energy performance of the properties for sale on the market should be one of the first things you check.

  • Broadband speed – having a good internet connection is crucial nowadays. Always check the available subscriptions available for the areas of the house for sale you want to purchase

  • Are you a car owner? – if yes, you will have to check for parking availability of the house for sale. Does it come with a garage included in the price?

  • Conservation areas – when browsing for houses for sale, we suggest you take a look at the National Heritage list. When a house for sale is included it means that it is not possible for the future homeowner to make changes to the property, both inside and outside.

  • 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.

Are you considering other cities with houses for sale?

If you are looking for similar places to buy a house that are just like Avonmouth, examine this short list of cities below from outside of the region of South West for some inspiration.

If none of these suit your interest, we suggest you visit our page with all of the relevant data concerning houses for sale in the UK, allowing you to buy the right property.

Or, consider buying a leasehold property instead which may be cheaper. However, you will also have to learn what will happen when a leasehold expires so you know how to deal with this side of the law.

Who can help you buy a house for sale in Avonmouth?

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

What are the demographics like in the city of Avonmouth?

How educated are the people in Avonmouth?

In the city of Avonmouth, 14% 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 Avonmouth is £37,100.00.

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

In Avonmouth, what is the social grade score?

In the city of Avonmouth and throughout the UK, the social grade score is assessed by observing what type of jobs people have and then grouping this into a grading system.

In general, the people at the top of the scale (the A category) have the highest paid, most skilled jobs and this is just 4% of the general UK population. On the lower end of the scale, people who are on benefits, state pensions and also manual workers all are grouped into this category that represents the most unskilled.

When trying to determine if the area of Avonmouth has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 10%.

Below, you can see how this compares to the National average as the average for the top two categories nationwide is 27% (Adding together the A and B categories)

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 Avonmouth, what is the crime rate?

The crime rate of Avonmouth 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 15300%, 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 (15300%) is both useful and is recommended to be compared to the average.

How much do people in Avonmouth earn?

Typically, as people earn more money, the more they are able to afford and the better house prices in the area because demand goes up. You could also infer that the amenities such as schools, parks and public areas are generally of high quality as a result.

For these reasons, it could be argued that areas where people earn more money are generally nicer arrears to live in which also attracts more people as a result and further drives up house prices in the area.

To see if this phenomenon occurs in Avonmouth. Compare the area’s average household income of £37,100.00 to the average household income in the UK at price34,000. Adding to this, compare it with the figure for the highest social grade score too at 10% for more conclusive data on the affluence of the area.

In the city of Avonmouth, 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 Somerset for example.

These demographics for Avonmouth 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 Avonmouth in South West.

How much green space is available to residents of Avonmouth?

Providing the right amount of green space for people in the UK is a difficult subject because there are clear benefits for human health but at the same time, it is hard to make sure all areas of the UK can get enough greenery. This is a result of land being already in use in cities where most people live.

In Avonmouth, 29 is the amount of acres of outdoor space there is for every 1000 people. Charities such as ‘Fields in Trust’ recommend there to be at least 6 acres. This should allow you to conclude whether this green space is sufficient for you if you are interested in buying in Avonmouth.

Are the people of Avonmouth deprived?

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Avonmouth, currently, £0 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.

Have the people of Avonmouth grown in numbers?

The city of Avonmouth has a total population of 17395. 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 Avonmouth 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 Avonmouth

Over time, in the last five years, the population of the city of Avonmouth 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 Avonmouth?

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

Comparing this to the 5 year figure of Avonmouth 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.

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

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 Avonmouth, 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 Somerset, to give a smaller scale area to compare the data to.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Avonmouth no relevant data for this city no relevant data for this city no relevant data for this city £0
Somerset 3.77% £1,174.60 138.81% 20.04%
South West 0.04 1,078.69 £1 17.35%

Assuming that in the future you want to re-sell the house you will eventually purchased in Avonmouth you might be interested in the number of sales per month (11) that happen in the local housing market. Comparing this figure for Avonmouth with the above table gives you a good understanding of the profitability of the area.

In Avonmouth, 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 Avonmouth at 1 year, 3 year and 5 year intervals:

1 year 3 years 5 years
Avonmouth growth rate 3% 21% 30%

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 Avonmouth 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 Avonmouth.

What are the asking prices for the houses for sale in the city of Avonmouth?

Table showing the asking prices for houses for sale in Avonmouth

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £230,236
Average asking price (3 bed) £312,756
Average asking price (4 bed) no relevant data for this city
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 Avonmouth is £0. This should show you the general prices overall and for individual types of houses too.

When speaking about the city of Avonmouth, £296,337 is the asking price for a house for sale.

We have compiled a table of data so you can know the asking prices of the specific size of home you’re most interested in. As you can imagine, a family looking to move out with children in Avonmouth would be after a larger house than someone living alone.

The data is in fact very different compared to the number of rooms you’re interested in having in your home and the asking price also tends to go up in staggering amounts as you add rooms.

FAQ

Are there opportunities for property renovation in Avonmouth?

Amidst the urban landscape of Avonmouth, an intriguing figure for determining if a property can be renovated is the success of planning permission. The monthly total of planning applications in the area is 6 and on the other hand, there is a planning success rate of nan. It is also useful to take into consideration the population size of the area (17395).

What’s the number of property sales each month in Avonmouth?

In the city of Avonmouth, there are 11 and in the total for the UK, there are around 1.1 million property sales.

What is the population change each year in a city like Avonmouth?

To work out how the population of Avonmouth has changed over time, you can look at the population change over a decade which is 10% and the change in a five year period two which falls at 3%. Compare the two and look at the population growth or decline in recent times to really make sure you have a good understanding of the population

How much are houses for sale priced at in the extended region of Avonmouth?

Currently, the mean asking price of a house in Avonmouth is £0, calculated using the average value per square foot

Is investing in a house for sale in Avonmouth a financially demanding choice?

To assess the affordability of a property, locate a house for sale and contrast it with the mean selling prices. In Avonmouth, the value is £232,044, whereas the UK’s mean is £286,500

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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