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Goodrington – 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 $ Goodrington – What to look for in houses for sale?

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As a landlord, whenever you are looking at houses for sale in Devon, you could find varying prices throughout an area like Goodrington. In this article, this data will be simplified so you can find all of the data on one, convenient page.

So, from the rental yield of Goodrington to the success you may expect to get when submitting planning permission. Everything you need to know about house for sale in the UK and in Goodrington will be revealed. Keep reading.

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

Nowadays, there are so many properties on the real estate market that it can be difficult to decide which one is the best house for sale for you.
So, who can help you navigate the process of choosing a house for sale?
The number of professionals that offer real estate investors advice and assistance is broad and when it comes to dealing with houses for sale, the process can be complex.

Find here a list of those that can help when buying a house for sale:

  • Moneylender – lends you the sum of money you need to buy the house for sale you are looking for
  • Insurance agent – A firm that provides several insurances and protections for the house for sale that might become your future house
  • Solicitor – A person or company that will sort out the legal work needed before buying a house for sale
  • Civil engineer – Also called surveyor, he or she will provide you with an independent valuation of the house for sale you are willing to buy
  • Mortgage advisor – Realistically, you will need a mortgage in order to afford to buy a house for sale. Mortgage advisors will guide you and propose the best mortgage deals based on your financial records
  • EPC specialist – Especially nowadays, getting professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering buying is crucial

On average, what is the figure for the asking price of a house for sale in Goodrington?

On average, in Goodrington, the asking price for a house for sale in the area is £311,793.

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 Goodrington. 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.

Average prices for the houses for sale in Goodrington

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £214,060
Average asking price (3 bed) £318,342
Average asking price (4 bed) £447,348
Average asking price (5 bed) no relevant data for this city

Based on this table, hopefully, you will be able to tell what type of house for sale is the most suitable for your budget. You can also consider the average asking price per square foot (£0) for houses for sale with this table to get a good idea as to whether Goodrington is the right area to buy a house in for you.

In Goodrington, what are the rental yields?

Are there new houses being built in Goodrington to make it grow?

Growth in the area can be a good signal of a booming house market. However, too much growth could also have negative consequences on the capital appreciation of a house as time goes on.

Take a look at the table below for Goodrington that shows the growth in recent years.

1 year 3 years 5 years
Goodrington growth rate 10% 23% 26%

High growth rates can signal an appreciating housing market, nonetheless, if there are too many houses being built, this could reduce demand for housing as the supply of houses for sale starts to catch up with the demand. Leading to stagnation or a decline in house pricing so understanding the growth in Goodrington is important.

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 Goodrington, 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 Devon, to give a smaller scale area to compare the data to.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Goodrington £0 £1,021 £1 £0
Devon 3.48% £949.47 131.12% 16.20%
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 Goodrington you might be interested in the number of sales per month (19) that happen in the local housing market. Comparing this figure for Goodrington with the above table gives you a good understanding of the profitability of the area.

Thinking of a different city and perhaps a different location?

If you are looking for a list of cities that are different to the City of Goodrington and in different UK region to South West. You might want to consider these as alternatives for your next real estate investment:

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.

Invest in a house for sale that meets your demands

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

  • 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.

What are the people like in Goodrington?

Are the people of Goodrington deprived?

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

In Goodrington, what is the crime rate?

Within Goodrington, the number of people committing crimes is 10200% 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 10200% figure carefully.

How much are those living in Goodrington earning?

As earning potential goes up in a city, so does the quality of schools in the area, the general infrastructure and the social grade score (16%). All in all, the area becomes a more desirable place to live in.

This is why it is vital to pay attention to how much people are making annually in any city you plan on making a house purchase in. In Goodrington, this works out to be £34,200.00. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.

In the city of Goodrington, is there a lot of 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 Goodrington, the city has 11 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 Goodrington.

The city of Goodrington, situated in Devon, is a particularly impressive part of the UK because of the specific demographics of the location.

In the below headings, the city of Goodrington and its demographics will be compared to its wider location (South West). This includes population size, growth and population education now and into the future.

These statistics are heavily influenced by socio-economic factors and as a result this also shapes the projected house price of the houses for sale in Goodrington. So, taking a good look at the data is essential to understand the area you are considering to buy in.

What is the education level like in Goodrington?

In Goodrington, the proportion of people who have a degree is 18%. Generally speaking, as the number of people with degrees increases, the more people are able to afford houses to buy as a degree is a good indicator of a higher income. To put this into perspective, the average income of Goodrington is £34,200.00.

This figure for average household income usually goes up alongside the percentage of people who have degrees.

However, this is not a hard and fast rule, there are many factors influencing the buying power of a population and hence the appreciation of housing and the number of houses for sale in the area. This can include the rental yields of the area and other demographic statistics like crime rate.

Nonetheless, it cannot be argued that those with degrees tend to live in more affluent areas as 82% of people who achieve a first in degree level education are owners of the place they live.

In Goodrington, what is the social grade score?

In the city of Goodrington 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 Goodrington has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 16%.

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 Goodrington, how has the population changed?

In the UK in general and specifically in the region in question, large population sizes can be good indications that there are a lot of people in the area looking for houses for sale which can drive up demand and therefore impact the cost. You should also check to see if the population is growing in the area too to show an increasing demand, this is even better. Currently, the total population of Goodrington is 18507.

Sometimes, smaller populations can have higher buyer demand than large populations on the other hand. This is because the price of houses and hence the demand for houses is based on a variety of variables.

The most important variable is the location of the houses for sale in the city of Goodrington.

In Goodrington, how has the population changed over the last five years?

In the last five years, over time, the change in population size was 2%. Looking at this figure can inform you of the buyer demand for the houses for sale in the area. Read more here

This may mean that the city has now started to slow down in terms of population growth or it may mean the city is also building a lot of houses which would indicate the supply of houses for sale will be matching the demand.

Making predictions about the future growth of Goodrington is hence important in making a decision if capital appreciation of your real estate investment is something you’re after as a landlord.

Comparing this figure for the 5 year growth (2%) as well as the ten year growth in the subheading below should allow you to make some accurate forecasts on the growth rate. Click here to know more on the UK population trends.

Goodrington population difference over 10 years?

The population has adjusted in the area of Goodrington by 4% in the most recent decade. This change is even more useful when compared alongside the figure for the five year growth of the area too.

This will tell you if the population is changing at the moment or if change is more recent. Through this a landlord can accurately look at the fluctuations in population size of the area over time and therefore better understand the trend of the houses for sale in Goodrington.

To make an example, the town of Salford which is a part of Manchester has seen a 10% increase in population. house price has therefore followed.

In Goodrington, what do houses for sale tend to sell for?

In Goodrington, houses for sale are sold at an average of £229,875. 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 Goodrington. 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) £321,320
Aerage sold price (semi-detached) £232,757
Aerage sold price (terraced) £194,845
Aerage sold price (flat) £136,405

As you can see above, for Goodrington, 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 4% where lots of movement may inflate or deflate house prices.

Housing category Sale price per square foot
Aerage sold price/sqft £2,580
Aerage sold price/sqft (new build) £2,440
Aerage sold price/sqft (old stock) £2,460

Looking at the second table about Goodrington, 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 Goodrington is £2,580.

Frequently Asked Questions (FAQ)

Do properties in Goodrington have the potential for renovation?

Goodrington is likely to be a great place for revamping property if there is a lot of greenlit planning permission. The are 8 each month, attaining a success rate of nan and a total population of 18507. You can find out if this is above or below similar areas in the UK by comparing it to a nearby place

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

19 property transactions are reported in Goodrington each month, alongside a broader picture of approximately 1.1 million property sales across the UK.

How does the population in a city like Goodrington change annually?

Calculating the evolution of Goodrington’s population requires an examination of the population transformation over a decade, amounting to 4%, and the five-year adjustment at 2%. 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

prices for houses on sale in the broader vicinity of Goodrington?

In Goodrington, the mean asking price per square foot for a house is currently £0, based on the average value per square foot

Is a house for sale in Goodrington an expensive choice?

Calculate if a property is on the pricier side by matching a listed house for sale against the mean selling prices. In Goodrington, this value is £229,875, compared to the UK’s average of £286,500.

Buying a home in Goodrington? Find trusted estate agents below

Purchasing property in Goodrington can be a complex process. Having the right real estate agent to guide you makes all the difference. We understand how stressful and time-consuming finding an agent can be so we have provided all of the most relevent agents and their contact details below in our convenient table.

Name of the Agent Email Address Address Phone Number
HS Owen Phone number only 2 Hyde Road, Paignton, TQ4 5BN 441803611264
Taylors Phone number only 26 Hyde Road, Paignton, TQ4 5BY 441803268858
Property Ladder Devon nan 49 Hyde Road, Paignton, Devon, Paignton, TQ4 5BP 441803268034
Barbets Phone number only 52 Hyde Road, Paignton, TQ4 5BY 441803268673
Eric Lloyd Phone number only 6 Churston Broadway, Broadsands, Dartmouth Road, TQ4 6LE 441803268026

Download agent details

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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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