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Whenever looking for a house for sale in the UK or in Awliscombe, 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 Awliscombe.
In this article, we will be looking at the city of Awliscombe in detail so you know how to navigate the area and have a better understanding on where to invest.
What is the asking price on average of houses for sale in Awliscombe?
Average price of houses for sale in Awliscombe
| Average asking price (1 bed) | no relevant data for this city |
| Average asking price (2 bed) | £258,627 |
| Average asking price (3 bed) | £343,345 |
| Average asking price (4 bed) | £522,799 |
| Average asking price (5 bed) | no relevant data for this city |
After looking at this table about prices of houses for sale in Awliscombe, 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.
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 Awliscombe 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 £351,629.
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 Awliscombe.
How are rental yields of the houses for sale different to the rest of the UK in Awliscombe?
The figure of rental yield is commonly looked at by investors who wish to increase their income by investing in areas where rental yields of the houses for sale are higher. Usually, the higher the rental yield, the more attractive a house for sale is for an investor. This is why it is common for landlords to increase rent using section 13, to maximise this yield, as it is so important.
Nonetheless, there are also instances where an investor will go with a house with lower yields in order to benefit from the appreciation of a house too which is why it’s vital to look into all the details of Awliscombe.
The data below shows the rental yield, rent turnover and the percentage of the money made on the sale of a house. The data is broken down into the county city is in (Devon) as well as the broader region; South West.
| Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
|---|---|---|---|---|
| Awliscombe | £0 | £883 | no relevant data for this city | £0 |
| Devon | 3.48% | £949.47 | 131.12% | 16.20% |
| South West | 0.04 | 1,078.69 | £1 | 17.35% |
Also, you can compare other data to the table above such as the number of houses sold per month in Awliscombe which is 14 and get a better understanding of the housing market.
This is great if you want to gauge if investors are actively looking for houses for sale in the area over other areas in the UK which may be an induction of how profitable Awliscombe is to invest in. Both in terms of rental yield and capital appreciation.
Is the housing market in Awliscombe growing?
The growth of an area like Awliscombe 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 | |
|---|---|---|---|
| Awliscombe growth rate | no relevant data for this city | 12% | 17% |
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 Awliscombe if you want to find out the exact reasons for the housing change.
House for sale in a different UK region
If you are looking for a list of cities that are different to the City of Awliscombe and in different UK region to South West. You might want to consider these as alternatives for your next real estate investment:
- bylchau in South West
- adwalton in South West
- manchester in South West
- southampton in South West
- stoke-prior 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.
Are there any important statistics about the population of Awliscombe?
Awliscombe within Devon is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Awliscombe will be looked at by comparing it to the local region, as well as comparing it to the wider region too (South West). From what the population of the city is to how it’s growing as well as factors like the overall crime rate.
This data is impacted by the history of the area and what kind of industry there is around. All of which also impact house prices which is crucial for you to understand as you look at houses for sale in Awliscombe.
Are the people in Awliscombe earning a lot?
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 £39,800.00.
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 Awliscombe this figure is 20%.
In Awliscombe, what is the crime rate?
For every one thousand people living in Awliscombe, 4200% 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 4200% 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.
In the city of Awliscombe, has the population grown or shrunk?
The city of Awliscombe has a total population of 20810. 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 Awliscombe 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 Awliscombe
Over time, in the last five years, the population of the city of Awliscombe has changed by 7%. 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 7% 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 Awliscombe?
In the last 10 years, there has been a shift in the population of 12%.
Comparing this to the 5 year figure of Awliscombe 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.
Is the city of Awliscombe deprived?
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 Awliscombe 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.
Is the education level of Awliscombe important when buying a house?
Interestingly, the percentage of people who have a degree in the city of Awliscombe is 25%. 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 Awliscombe is £39,800.00.
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.
How much green space is available to residents of Awliscombe?
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 Awliscombe, 9 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 Awliscombe.
What’s a social grade score and how does it relate to Awliscombe?
In the city of Awliscombe 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 Awliscombe has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 20%.
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 |
A house for sale that is right for you
When browsing houses for sale in Awliscombe you should think about lots of different criteria:
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House for sale affordability – visit the dedicated page of the UK government to understand (see what you can afford)
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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.
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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.
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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
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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.
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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.
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Does the house for sale have parking – if yes, is it on-street or is the house for sale equipped with a garage?
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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.
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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.
In general, what do houses for sale sell for in Awliscombe?
As well as looking at the asking price for house for sale in Awliscombe, 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 Awliscombe.
Houses for sale, are sold on average in Awliscombe, after the influence of these factors, at £259,222 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 12% over the last 10 years.
| Housing category | Total final sale price |
|---|---|
| Aerage sold price (detached) | £350,662 |
| Aerage sold price (semi-detached) | £227,342 |
| Aerage sold price (terraced) | £194,112 |
| Aerage sold price (flat) | £127,909 |
This table above shows the average sale price for each variation of houses for sale in Awliscombe.
| Housing category | Sale price per square foot |
|---|---|
| Aerage sold price/sqft | £2,860 |
| Aerage sold price/sqft (new build) | £2,710 |
| Aerage sold price/sqft (old stock) | £2,790 |
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 Awliscombe 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.
Professional advice for houses for sale in Awliscombe
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
FAQ
Is it possible to renovate a property in Awliscombe?
Properties in the city of Awliscombe may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are 17 approvals every month with an approval of nan based on a population of 20810. Compare other places in the UK to make this figure make more sense.
What is the monthly count of property transactions in Awliscombe?
In the city of Awliscombe, there are 14 and in the total for the UK, there are around 1.1 million property sales.
What’s the year-over-year population change in Awliscombe or similar cities?
Calculating the evolution of Awliscombe’s population requires an examination of the population transformation over a decade, amounting to 12%, and the five-year adjustment at 7%. By contrasting these values, analyse recent changes in population to attain a thorough understanding of demographic trends and perhaps also look at house for sale data nearby
How much are houses for sale priced at in the extended region of Awliscombe?
Currently, the mean asking price of a house in Awliscombe is £0, calculated using the average value per square foot
Is purchasing a house in Awliscombe considered a costly decision?
Ascertain the costliness of a property by examining a listed house for sale in relation to the prevailing average selling prices. In Awliscombe, this stands at £259,222, whereas the UK’s mean is £286,500.
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