Whenever looking for a house for sale in the UK or in Fifehead Neville, it is vital you look at the market trends and house price fluctuations in the wider area of Dorset 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 Fifehead Neville.
In this article, we will be looking at the city of Fifehead Neville in detail so you know how to navigate the area and have a better understanding on where to invest.
On average, what is the figure for the asking price of a house for sale in Fifehead Neville?
When investors make offers for houses for sale in Fifehead Neville, the average price asked by the homeowners works out to be £445,410.
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 Fifehead Neville 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.
The average asking price for the houses for sale in the city of Fifehead Neville
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£287,029|
|Average asking price (3 bed)||£410,467|
|Average asking price (4 bed)||£546,600|
|Average asking price (5 bed)||no relevant data for this city|
The above table is perfect for understanding the distribution of properties in the area as well as looking at this data alongside the average asking price per square foot of £3,600. Telling you what type of house is most in demand relative to the price of the area.
This could be due to more people looking at particular types of houses for sale over others or even due to the fact that Fifehead Neville has a lack of supply of housing in certain categories.
What’s the rental yield in general for the city of Fifehead Neville?
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 Fifehead Neville this statistic is what you were looking for.
Data should also be compared to the broader region of the UK (South West) alongside Dorset 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 Fifehead Neville.
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)|
|Fifehead Neville||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 Fifehead Neville.
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 (9) will be useful.
Are there new houses being built in Fifehead Neville to make it grow?
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 Fifehead Neville at 1 year, 3 year and 5 year intervals:
|1 year||3 years||5 years|
|Fifehead Neville growth rate||7%||27%||25%|
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 Fifehead Neville 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 Fifehead Neville.
Are there any important statistics about the population of Fifehead Neville?
Located in Dorset is the city of Fifehead Neville, 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 Fifehead Neville 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 Fifehead Neville 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.
What’s crime like in Fifehead Neville?
Within Fifehead Neville, the number of people committing crimes is 4500% per 1000 people. This figure directly relates to the safety of residents in the area which is one of the biggest factors in whether an area is considered desirable or not.
As a result, someone looking to buy a house here hoping for it to appreciate in value or buying a house here to produce rental income should check out the crime rate and compare it carefully to the UK average of 79.52 for every 1000 people to see how safe people living there will be.
If the area’s crime rate is too high, this may result in you having to pay for the renovation of burglaries or pay a premium on home insurance as insurance companies will charge you more for living in a dangerous area. So analyse this 4500% figure carefully.
In the city of Fifehead Neville, how much green space remains for residents?
In the city of Fifehead Neville, there are 6 acres of green space per 1000 residents.
The charity, ‘Fields in Trusts’ recommends a minimum of 6 acres of green space per 1000 people so it is easy to see where Fifehead Neville is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.
Are the deprivation levels of the UK any different to Fifehead Neville?
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 Fifehead Neville, 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 salary does the community in Fifehead Neville take home?
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 Fifehead Neville. Compare the area’s average household income of £40,100.00 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 21% for more conclusive data on the affluence of the area.
Have the people of Fifehead Neville grown in numbers?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Fifehead Neville if 11901 and in the below heading how this population has changed will be broken down.
Like most data to do with houses, all data has to be considered holistically with multiple variables to determine if the population growth actually impacts the statistics that matter to you as a landlord in Fifehead Neville such as rental yield or house appreciation.
How has the population size of Fifehead Neville adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Fifehead Neville by 2%. Analysing this figure is a great way to tell if there is new demand for housing or not as a decreasing figure reduces the number of people who want to buy houses. Read more here
To compare this figure over a greater period of time, you could look at the figure for the 1 year population too and compare them. This way you can see if the population has changed recently or if this 2% change has historically occurred before. Click here to know more on the UK population trends.
Over the last 10 years, how has the population size adjusted in Fifehead Neville?
In the last decade, the population of Fifehead Neville has been adjusted by 4%. This growth may be as a result of factors like new industries employing people or emigration and immigration balancing out to create this population change.
A precedent that shows population change in this way over decades is the region of Greater London. The capital city has grown by 27% in the past 20 years. Population growth has caused house prices to go up to price523,666 on average.
What is a social grade score and how does this relate to Fifehead Neville?
The social grade score is a good indicator of what type of jobs people generally work in the area. Whether that be working in the primary sector, secondary sector, tertiary sector or maybe the quaternary sector of jobs.
The scale is slightly different to this though on a scale of A to E. A refers to people who are in the most skilled, managerial roles whereas E include people such as casual workers.
In Fifehead Neville, the percentage of people in the two highest categories, A and B is 21%. This figure includes people who are therefore most likely to be more skilled and have higher paid jobs.
When contrasting these figures, the average household income for the area is £40,100.00. This income will generally get bigger as the percentage of people in the A and B categories go up too (21%).
Is the education level of Fifehead Neville important when buying a house?
In the city of Fifehead Neville, 26% 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 Fifehead Neville is £40,100.00.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
Professional advice for houses for sale in Fifehead Neville
In today’s market with an abundance of homes available for sale, choosing the best house for sale can be challenging.
With several houses for sale to choose from, who will guide you through the process of choosing?
We have listed here below several experts and companies able to advise and support potential buyers.
The process of finding and investing in a house for sale can be lengthy and time-consuming, this is why we suggest you consult with the following professionals:
- Banks – Lend you the cash
- Insurance companies – Insure your new real estate investment
- Conveyancer – handles all the legal labour that is needed to proceed in buying a house for sale.
- Surveyor – Carries out an independent and complete property valuation of the house for sale
- Mortgage advisor – If you are thinking to get a mortgage to get the finances needed to afford to buy a house for sale, a mortgage advisor is the person you should be looking for
- EPC person – Always get a quote on the Energy Performance Certificate of the houses for sale listed in a certain city
Finding the ideal house for sale for you
Criterias that have an impact on the actual price of a house for sale have been listed here below. Consider them all to find the perfect houses for sale in Fifehead Neville.
Affordability – check this article from the UK government to find out (see what house for sale you can afford)
Location – if the house for sale is in the city centre rather than further out, this may be why it is more expensive than the market average.
Transports near the house for sale – Being able to use public transports is a huge plus for a house, especially in big cities. This will have an impact on the price as well.
Bedrooms – the more bedrooms there are in a house for sale, the more tenants a buy to let investors will be able to host, therefore, realistically the price will also increase.
EPC of the house for sale – today more than ever, the energy performance of properties for sale on the market should be one of the first things you check.
Wi-Fi speed – We recommend you check the internet plans available for the areas where you are considering to buy a house for sale
Are you a motorist? – If yes, filter out your searches and compare prices of houses for sale with parking availability. Remember, a car parking space can cost as much as £400 per month
Conditions of the house for sale – New builds and properties that were recently built usually need little to no repairs; instead, other houses for sale may require consistent or structural maintenance. These investments that can be both expensive and laborious to complete. Before making your offer for a house for sale you should always carefully assess this criteria.
What is the final sale price of a house in Fifehead Neville?
As well as looking at the asking price for house for sale in Fifehead Neville, 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 Fifehead Neville.
Houses for sale, are sold on average in Fifehead Neville, after the influence of these factors, at £304,308 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 4% over the last 10 years.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£408,943|
|Aerage sold price (semi-detached)||£254,625|
|Aerage sold price (terraced)||£228,108|
|Aerage sold price (flat)||£119,655|
This table above shows the average sale price for each variation of houses for sale in Fifehead Neville.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£2,700|
|Aerage sold price/sqft (new build)||£2,930|
|Aerage sold price/sqft (old stock)||£2,680|
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 Fifehead Neville is £3,150.
This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.
Thinking of a different city and perhaps a different location?
Below is a list of towns that differ from Fifehead Neville.
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:
- brookfield in South West
- busbridge in South West
- boxted in South West
- bar-hill in South West
- greenholm 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.