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How much does a house for sale cost in Crownhill?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in the South West $ How much does a house for sale cost in Crownhill?

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Crownhill might be an interesting area to invest in when looking for a house for sale in the UK as it is a unique area in the county of Devon.
Before looking for a house for sale in the city of Crownhill we strongly suggest landlords and real estate investors to research in detail and consider all involved factors. Indeed, house prices can change quite a bit depending on the square foot of the property, the number of rooms, the economic climate, the location of the house and more.

In this data heavy article the reader will be able to find out more on the topic and see the specific data to consider when evaluating different houses for sale in Crownhill.

What are the demographics like in the city of Crownhill?

In Crownhill, what is the social grade score?

In the city of Crownhill, the social grade score of the area is 9%. But what does this exactly mean? The figure refers to the proportion of people in the two highest categories of skilled jobs.

The categories are grouped from A to E shown in the table below. Overall, a high social grade score means there are more affluent people working in managerial and professional roles in the area.

This table shows the average breakdown of the UK in terms of where most people in the UK are working so you can compare it to the social grade score of Crownhill.

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

How deprived is the population of Crownhill?

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 Crownhill is £0.

Is the crime rate bad in the city of Crownhill?

For every one thousand people living in Crownhill, 10100% 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 10100% 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.

Do the people of Crownhill get to enjoy green space?

In the UK, there are a range of cities which have a lot of green space. In some cases, green space can get as high as 49% of outdoor land like in the city of Edinburgh. When specifically talking about Crownhill, the city has 3 per 1000 residents.

This can be compared to an average of 1.7 acres of green space per 1000 residents which is the UK’s national average. It is up to you to decide how much you’ll let the amount of green space impact your buying decision in Crownhill.

Located in Devon is the city of Crownhill, in a large part of the UK; South West. Before you look for houses for sale in this area, it is a reasonable question to ask what the people who live there are like.

Below, the population of Crownhill has been dissected in terms of if the population is educated, what the crime rates are like and much more. All important factors to consider before making a house purchase among the offer of the houses for sale.

The knowledge below is based on a lot of different variables relevant to the city of Crownhill which impacts the profitability of making an investment here or how desirable buying a house to live in is if you want to live on a permanent basis.

Have the people of Crownhill grown in numbers?

In total, the number of people in Crownhill is 42921. This figure can be used to estimate the appreciation of the houses but it is also important you look at the population growth figure in order to make this more accurate.

Whether a large population benefits you as a landlord is dependent on what you want from a home. A large population is great if you have children who prefer the bustle of crowds in cities but there are also those who purposely want to buy somewhere rural.

You may also be able to find a balance of both where there are shops, restaurants and entertainment and also rural areas all within a short distance which may be the case ni Crownhill, depending on where exactly you are.

How has Crownhill changed in the past five years?

Five years provides enough time for a city to grow dramatically. It may be the case that the population grows or shrinks but the city of Crownhill has changed by 1%. Read more here

It is also helpful to compare this data to a longer time period like 10 years like in the below subheading. If the population trend of growth or decline has been there for a longer period of time you’ll be able to tell if 1% is a recent change or not.
Click here to know more on the UK population trends.

In the last decade, what is the difference in population in Crownhill?

3% has been the population growth change in the past 10 years.

Usually, this is more of a conservative figure compared to the five year change of a city.

Industrial changes can also be the reason for this shift but it could also be due to immigration or emigration. Bringing people in or out of the area.

The recent global pandemic has also shifted the number of people living in cities as people realise they can now work remotely. It may be that the people of a Crownhill have seen a more desirable way of working, moving to make themselves more comfortable in their careers.

For example, the population of the South west of England has seen a massive increase in population because workers want to move there to benefit from the slightly better weather, lower house prices and also the rural area. Nonetheless, they can also benefit from travelling to the capital city of the UK, London.

Are the people in Crownhill earning a lot?

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 Crownhill, the average income is £35,100.00. 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 9% to decide on what the demographics are like in the area.

Is the education level of Crownhill important when buying a house?

Interestingly, the percentage of people who have a degree in the city of Crownhill is 13%. 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 Crownhill is £35,100.00.

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 is the asking price on average of houses for sale in Crownhill?

On average, in Crownhill, the asking price for a house for sale in the area is £196,483.

The below table puts this figure into perspective as you can see the various average sale prices of the different type of houses for sale in Crownhill. From a 1 bedroom house up to a 5 bedroom house.

As you can imagine, as the price goes up, the size of a room also goes up and in general, the larger a house is, the more you can expect the sale price to be as well.

Table showing the asking prices for houses for sale in Crownhill

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £171,428
Average asking price (3 bed) £208,670
Average asking price (4 bed) £291,250
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 Crownhill is £2,410. This should show you the general prices overall and for individual types of houses too.

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

There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Crownhill. In Crownhill, this sale price works out to be £159,910. As an example, a factor like population growth over the last 10 years which works out to be 3% in Crownhill and impacts house prices of the houses for sale.

Housing category Total final sale price
Average sold price (detached) £297,615
Average sold price (semi-detached) £165,389
Average sold price (terraced) £147,668
Average sold price (flat) £89,943

Above, the exact type of house is also shown to vary in price in a table in Crownhill. You may think that the bigger the house is the more expensive, but actually, this table is more based on the demand for the properties in each category.

Housing category Sale price per square foot
Average sold price/sqft £1,930
Average sold price/sqft (new build) £2,540
Average sold price/sqft (old stock) £1,820

In addition, here is the price per square foot. By taking this data and doing an average, it is also possible to work out the average square foot of houses in Crownhill which is £2,170. From here you can get a sense of the price of the overall housing market and therefore, also find out the prices of the houses for sale.

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

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

Choose the right house for sale that suits your needs

What parameters impact the final price of a house for sale in Crownhill?
Here below is our list with the most important ones:

  • House for sale affordability – check out the (see house affordability guide)

    on the UK gov website to know more

  • House Location – the actual location of a house for sale drastically changes the final price of a property

  • 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.

  • 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.

  • 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.

  • 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

  • Do you drive to the office? – If yes, ask about parking. Is it included in the house price?

  • 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.

  • 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.

Why you should consider the average rental yield when searching for houses for sale in Crownhill

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

1 year 3 years 5 years
Crownhill growth rate 8% 16% 24%

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 Crownhill 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 Crownhill.

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Crownhill, 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 and how much you can charge for rent in your ast (assured tenancy shorthold).

House for sale in a different UK region

You can consult our list below that goes over a list of cities not necessarily in South West, allowing you to find similar places to Crownhill:

You may also refer to our webpage specific to UK houses for sale to get an overview of the large number of cities in the area, houses for sale in the UK

Frequently Asked Questions (FAQ)

Do properties in Crownhill offer renovation potential?

If planning permissions are abundant in the vicinity of Crownhill, it may look promising for landlords looking to renovate. With 7 getting approved on a monthly basis, and a success rate of 33%, these prospects flourish against a population of 42921. A comparative analysis against other locations across the UK will lend you a good perspective of this data.

In Crownhill, how many property sales per month are there?

In the city of Crownhill, there are 32 and in the total for the UK, there are around 1.1 million property sales.

What’s the year-over-year population change in Crownhill or similar cities?

To work out how the population of Crownhill has changed over time, you can look at the population change over a decade which is 3% and the change in a five year period two which falls at 1%. 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

What are the asking rates for houses for sale in the surrounding area of Crownhill?

The average asking price of a house in Crownhill is currently £2,410 based on the average price per square foot.

Does opting for a house for sale in Crownhill come with a hefty price tag?

To assess the affordability of a property, locate a house for sale and contrast it with the mean selling prices. In Crownhill, the value is £159,910, 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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