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Ball – What to look for in houses for sale?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in Wales $ Ball – What to look for in houses for sale?

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Sometimes, working out the prices of the houses for sale can be tricky business. This is why we created this article all about the price of houses for sale in Ball, Shropshire.

From the average asking price of houses for sale in Ball, to the growth of the population in the area, all will be talked about regarding the city of Ball. So you will get better clued up on the area, and make finding a house for sale in the UK easier.

A house for sale that is right for you

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

  • 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 asking prices for the houses for sale in the city of Ball?

Average prices for the houses for sale in Ball

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £212,177
Average asking price (3 bed) £371,975
Average asking price (4 bed) £480,353
Average asking price (5 bed) no relevant data for this city

After looking at this table about prices of houses for sale in Ball, 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.

As you go ahead and make offers on a house for sale, it is sometimes best to know what other people are offering for the same type of house for sale so you know what to offer yourself to get a good deal. So you should know, the average asking price of Ball is £428,070.

Even though the asking price is not what the eventual price the house is sold at, making a note of the averages for the city of Ball is useful when negotiating and knowing what to expect for every type of house for sale.

What are the people like in Ball?

How much green space is available to residents of Ball?

In the city of Ball, there are 34 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 Ball is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.

In Ball, what are the deprivation levels like?

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

What salary does the community in Ball take home?

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 Ball, the average income is £39,900.00. 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 23% to decide on what the demographics are like in the area.

What’s a social grade score and how does it relate to Ball?

In the city of Ball 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 Ball has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 23%.

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

Located in Shropshire is the city of Ball, in a large part of the UK; Wales. 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 Ball 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 Ball 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.

For the city of Ball, what is the education level?

In the city of Ball, 25% 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 Ball is £39,900.00.

This should correspond with the average percentage of people in the UK who have degrees at 22.6%.

In Ball, what is the crime rate?

Within Ball, the number of people committing crimes is 4000% 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 4000% figure carefully.

In the city of Ball, has the population grown or shrunk?

Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Ball if 15318 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 Ball such as rental yield or house appreciation.

How has the population size of Ball adjusted in the last 5 years?

In the previous five years there has been a change in the number of people of Ball by 3%. 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 3% 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 Ball?

In the last decade, the population of Ball has been adjusted by 5%. 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.

In general, what do houses for sale sell for in Ball?

For the city of Ball, the average price a house sells for is £254,621. This value usually depends on the exact location of the house within Ball as well as other factors like the population growth which is 5% over a ten-year period.

Housing category Total final sale price
Aerage sold price (detached) £305,836
Aerage sold price (semi-detached) £162,354
Aerage sold price (terraced) £143,347
Aerage sold price (flat) £97,708

The above table puts this figure into perspective as you can see the various average sale prices of a house for the specific type of house you’re most interested in. This comparison is important because the type of house you’re considering to buy may be more or less in demand based on variations in supply and demand in the city of Ball.

Housing category Sale price per square foot
Aerage sold price/sqft £2,080
Aerage sold price/sqft (new build) £2,210
Aerage sold price/sqft (old stock) £1,990

Generalising the bottom table, the average value per square foot of a house for sale is £2,080. This value averages all of the types of houses for sale in Ball. So, if you’re not sure what type of house you want specifically, you can still get an idea of the real estate market of Ball.
Bear in mind that if you are a landlord looking to buy a property to rent, you will also run into other expenses like letting agent fees and the cost of listing your property for sale on Rightmove in your city.

Always consider average rental yield when searching for houses for sale in Ball

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 Ball.

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 (Shropshire) as well as the broader region; Wales.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Ball no relevant data for this city no relevant data for this city no relevant data for this city £0
Shropshire 3.41% £777.80 123.75% 14.71%
Wales 0.04 861.19 £1 14.84%

Also, you can compare other data to the table above such as the number of houses sold per month in Ball which is 8 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 Ball is to invest in. Both in terms of rental yield and capital appreciation.

Are there more or fewer houses being built in Ball?

Before committing to Ball to make a housing investment, an investor should always ask the question, what is the growth like in the area?

So take a look below at the growth patterns of the previous years displaying the percentage of new houses being built. This will help you understand how the number of houses for sale will evolve in the future.

1 year 3 years 5 years
Ball growth rate -6% 12% 13%

Whether housing growth actually changes the price of a house depends on if the city in question is outstripping demand with the supply of new housing. You’d have to do some more research on what rate Ball is building housing to find your answer.

Get professional help on the houses for sale in Ball

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

houses for sale in other cities and regions in the UK

Below is a list of towns that differ from Ball.
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 Wales:

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.

FAQ

Do properties in Ball offer renovation potential?

Properties in the city of Ball may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are 10 approvals every month with an approval of nan based on a population of 15318. Compare other places in the UK to make this figure make more sense.

On a monthly basis, how many property transactions take place in Ball?

In Ball, the monthly property transaction count reaches 8, a small percentage of the total house sales in the United Kingdom which equates to approximately 1.1 million.

What’s the annual population shift in a city such as Ball?

To work out how the population of Ball has changed over time, you can look at the population change over a decade which is 5% and the change in a five year period two which falls at 3%. 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

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

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

Is investing in a house for sale in Ball a financially demanding choice?

Determine whether a property is expensive by comparing a list of houses for sale to the prevailing average selling prices. In Ball, this figure stands at £254,621, while the UK average 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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