- 1 We help you find the right agent
- 2 Who can help you buy a house for sale in Avonwick?
- 3 What’s the rental yield in general for the city of Avonwick?
- 4 Are there any important statistics about the population of Avonwick?
- 5 In general, what do houses for sale sell for in Avonwick?
- 6 A house for sale that is right for you
- 7 What are the asking prices for the houses for sale in the city of Avonwick?
- 8 House for sale in a different UK region
- 9 FAQ (Frequently Asked Questions)
Whenever looking for a house for sale in the UK or in Avonwick, it is vital you look at the market trends and house price fluctuations in the wider area of Devon 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 Avonwick.
In this article, we will be looking at the city of Avonwick in detail so you know how to navigate the area and have a better understanding on where to invest.
Who can help you buy a house for sale in Avonwick?
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’s the rental yield in general for the city of Avonwick?
Are there new houses being built in Avonwick to make it grow?
Whenever you are thinking about looking for houses for sale in Avonwick, 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|
|Avonwick growth rate||16%||23%||22%|
As the population of Avonwick 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.
You may have heard of rental yield as being important for investors who wish to make a sizable profit on their rental properties. If this sounds like you and you’re looking to invest in a house currently for sale and collect rental income in Avonwick this statistic is what you were looking for.
Data should also be compared to the broader region of the UK (South West) alongside Devon then looked at with other statistics like the area’s rent and the turnover of sale of the houses in question. It could be that an investor prefers to make a profit on the sale of a house rather than the rental income and optimal properties for this investment varies throughout Avonwick.
This decision is made differently depending on the investor’s tolerance for risk, investing strategy, the location they’re investing in and their overall goal for buying a house currently listed for sale.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Avonwick||no relevant data for this city||no relevant data for this city||no relevant data for this city||£0|
As you observe table above, it could be valuable to contrast these figures with other pieces of data relevant to the process of buying like the crime rate or the appreciation of houses for sale in Avonwick.
As you can tell, the best conclusions are drawn when the buyer of a house for sale looks at all the data involved holistically and doesn’t make quick decisions based on one or two pieces of data. As an example, comparing the data with the number of property sold per month (6) will be useful.
Are there any important statistics about the population of Avonwick?
How much do people in Avonwick earn?
While not always the case, the amount people earn can be associated with better schools in the area and perhaps a nicer environment to live in.
£44,300.00 is the average household income of the area. And the higher this figure is the more likely it is that there is a higher percentage of people with a social grade score in the A or B categories which is 31% for Avonwick.
What is the education level like in Avonwick?
Interestingly, the percentage of people who have a degree in the city of Avonwick is 36%. Most of the time, the more people that have a degree, the higher the average household income and the more likely someone is to be able to afford to purchase a house. For example, the average income of the citizens in the area of Avonwick is £44,300.00.
Generally, areas with high numbers of people with a degree are also areas with more people likely to be home owners and therefore the value of houses and relative prices of the houses for sale are more likely to go up too.
Nonetheless, making predictions about the appreciation of a house also has to be considered alongside other factors like population growth and the rental yields of the area.
However, most of the time, being educated is a good indication of affluence with 82% of people graded a first in tertiary education going on to eventually own a house.
What’s crime like in Avonwick?
In Avonwick, for every 1000 people, there is currently a crime rate of 3000%. 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 (3000% 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 the city of Avonwick, is there a lot of green space?
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 Avonwick, 33 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 Avonwick.
How deprived is the population of Avonwick?
The number of people who are deprived can have an impact on the perception of your house in the general marketplace. Additionally, if you are looking for a house to live in for the long term, you can start to picture what your neighbours and the people in your area live like financially.
If the proportion of deprivation of Avonwick is £0 and in general for the UK this figure is somewhere around 33%, you can see if this figure is something you are happy with as you search for a house to buy.
What’s a social grade score and how does it relate to Avonwick?
In the city of Avonwick 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 Avonwick has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 31%.
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 the city of Avonwick, 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 Devon for example.
These demographics for Avonwick 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 Avonwick in South West.
In Avonwick, how has the population changed?
Population growth in Avonwick is important to know if there is housing demand and the total population may also be looked at as large populations commonly have a lot of buyer demand.
In Avonwick, 3777 people live in the city as their main place of residence.
It is important to note that it is not the case that everyone likes a large population to live in. People who tend to prefer a more relaxed life are more likely to buy or rent somewhere to live that has a small population and perhaps also wouldn’t mind if the population isn’t growing.
Other people also like to have a mix of both. Where they can visit rural areas and also benefit from the amenities of a busy city.
In Avonwick in the previous five years, have population numbers transformed?
Five years may seem like a long time but it is rare for a city to grow that much unless there is dramatic population growth. In Avonwick, this change has been 4%. Read more here
Someone who wishes to find out how this change has occurred over a longer period of time may also wish to read the headings below and see if the change has continued throughout the past decade too. Or if the change is only true for the more recent figure for five years of 4%. Click here to know more on the UK population trends.
Over the last decade, how has the population differed in Avonwick?
Populations change all the time but if there is a clear change in population in the last ten years this is even more reliable data about the population of the area as opposed to five. This adjustment in population works out to be 5% in Avonwick.
What this statistic is like in comparison to the population change in five years should provide you with a comprehensive understanding of what direction the population is heading in.
In recent years because of the pandemic, it is common to see dramatic differences in the population change in the last five years when comparing it to ten as people realise they can work from home but still keep the current jobs they have.
This means they can move to cities they wouldn’t have considered otherwise and be location-independent of their source of income. Perhaps making a longer commute into the office every week for example.
In general, what do houses for sale sell for in Avonwick?
In Avonwick, houses for sale are sold at an average of £294,164. In general, multiple factors impact this figure because lots of variables impact properties valuation. This can include the quality of the buildings in general, whether the population has grown, if there is demand for housing or if there is a low crime rate which would make the area more desirable.
In the table below, you can see for yourself how the average price of a house for sale looks based on the different sizes of housing in Avonwick. The exact amount of variation between the types of housing depends on the local demand for particular types of houses in the area.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£367,840|
|Aerage sold price (semi-detached)||£248,595|
|Aerage sold price (terraced)||£228,093|
|Aerage sold price (flat)||no relevant data for this city|
As you can see above, for Avonwick, price varies based on the type of house that is being sold. If these prices shock you it could be due to population change in the last 10 years of 5% where lots of movement may inflate or deflate house prices.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£2,830|
|Aerage sold price/sqft (new build)||£2,640|
|Aerage sold price/sqft (old stock)||£2,780|
Looking at the second table about Avonwick, you are able to tell which type of housing is most affordable to you as a buyer. However, for a general overview of what house price is, the average price per square foot for a house in Avonwick is £2,830.
A house for sale that is right for you
When browsing houses for sale in Avonwick 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 – it 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. Especially if you are renting the property as this will impact your business costs. Whether that be in an excluded tenancy agreement or a more common, assured shorthold tenancy.
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.
What are the asking prices for the houses for sale in the city of Avonwick?
When investors make offers for houses for sale in Avonwick, the average price asked by the homeowners works out to be £377,391.
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 Avonwick 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.
In the city of Avonwick, what is the average asking price for the houses for sale?
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||no relevant data for this city|
|Average asking price (3 bed)||no relevant data for this city|
|Average asking price (4 bed)||no relevant data for this city|
|Average asking price (5 bed)||no relevant data for this city|
After looking at this table about prices of houses for sale in Avonwick, someone who is buying a home would have a detailed understanding of what kind of house for sale is available on the market that best suits the amount of money they are looking to invest. Also, using a more general figure like the average asking price per square foot of a property which is £0 will help them to have a more holistic understanding.
House for sale in a different UK region
If you are looking for a list of cities that are different to the City of Avonwick and in different UK region to South West. You might want to consider these as alternatives for your next real estate investment:
- blair-drummond in South West
- babell in South West
- green-tye in South West
- down-thomas in South West
- aldsworth in South West
Or, visit our dedicated page on the houses for sale data for the whole of the UK which will allow you to pick based on where you think you want to live or invest – houses for sale in the UK.
FAQ (Frequently Asked Questions)
Do properties in Avonwick offer renovation potential?
If planning permissions are abundant in the vicinity of Avonwick, it may look promising for landlords looking to renovate. With 3 getting approved on a monthly basis, and a success rate of nan, these prospects flourish against a population of 3777. A comparative analysis against other locations across the UK will lend you a good perspective of this data.
On a monthly basis, how many property transactions take place in Avonwick?
6 property transactions are reported in Avonwick each month, alongside a broader picture of approximately 1.1 million property sales across the UK.
In a city like Avonwick, what’s the yearly fluctuation in population?
To assess the shifts in Avonwick’s population over time, analyse how the population has altered. Look at the ten year change of population of 5%, alongside the five-year change of 4%.
prices for houses on sale in the broader vicinity of Avonwick?
The average asking price of a house in Avonwick is currently £0 based on the average price per square foot.
Would acquiring a house for sale in Avonwick be regarded as a high-priced option?
Ascertain the costliness of a property by examining a listed house for sale in relation to the prevailing average selling prices. In Avonwick, this stands at £294,164, whereas the UK’s mean is £286,500.