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How much will you pay for a house for sale in Adeney?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in West Midlands $ How much will you pay for a house for sale in Adeney?

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Adeney can be a tough place to find accurate information like any city in the UK. Read on to learn about which data to stay on top of when looking at house for sale in Adeney.

On top of this, keep reading for detailed information on the demographics of Adeney in Shropshire. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.

What are the people like in Adeney?

In the city of Adeney, how much green space remains for residents?

There are cities in the UK such as Edinburgh and Bristol that have a higher percentages of green space with Edinburgh being the most at 49%. The city of Adeney currently has 53 for every 1000 residents.

Green space helps the quality of people’s mental health as well as fight against diseases like obesity. As studies have shown that the proximity of people to green spaces in the UK has a positive impact on the physical health of people in the UK and Adeney in this case.

Is the city of Adeney deprived?

Deprivation of a city is defined as the number of people who are considered to not be earning enough to sustain their lifestyle. The UK average of deprivation nationwide is 33% so comparing the figure of £0 for Adeney should give you a nice idea of the deprivation in the area.

Are the people in Adeney 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 £42,700.00.

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 Adeney this figure is 26%.

What is the social grade score of Adeney?

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 Adeney, the percentage of people in the two highest categories, A and B is 26%. 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 £42,700.00. This income will generally get bigger as the percentage of people in the A and B categories go up too (26%).

In the city of Adeney, the demographics are unique and must be looked at by themself to make a conclusion about the area before buying a house. This is because the growth could be greatly different to the wider area of Shropshire for example.

These demographics for Adeney may impact the price of a house, how this house grows over time and the profitability of a house if you are buying it for an investment so knowing the area is crucial for a landlord making a purchasing decision in the city of Adeney in West Midlands.

In Adeney, how has the population changed?

Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Adeney if 18828 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 Adeney such as rental yield or house appreciation.

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

In the previous five years there has been a change in the number of people of Adeney by 6%. 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 6% 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 Adeney?

In the last decade, the population of Adeney has been adjusted by 9%. 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’s crime like in Adeney?

Within Adeney, the number of people committing crimes is 6900% 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 6900% figure carefully.

What is the education level like in Adeney?

The number of people as a percentage who have been through university and gained a degree is 29%. The ability to buy a home is greatly influenced by the number of people who have degrees. £42,700.00 is the amount people in Adeney are earning.

As you can tell, this figure along with the number of people who have degrees roughly correlate. For reference, the percentage of people who have degrees in the UK is 22.6% and the average household income is.

As a general rule, the bigger the difference between this 22.6% figure and the percentage of people with a degree in Adeney, the bigger the difference in the ability to earn and hence buy a house. A higher number of degrees will increase the potential for people to earn and hence the buying power of the population. This will also push up the price of houses in the area.

Nonetheless, making accurate estimates for the appreciation of homes must be done with other pieces of data in mind such as the rental yields or perhaps the crime rate of the area to name some examples.

In Adeney, what are the rental yields?

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 Adeney.

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; West Midlands.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Adeney £0 £815 no relevant data for this city £0
Shropshire 3.41% £777.80 123.75% 14.71%
West Midlands 0.04 876.64 £1 20.00%

Also, you can compare other data to the table above such as the number of houses sold per month in Adeney which is 11 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 Adeney is to invest in. Both in terms of rental yield and capital appreciation.

What is the growth in the housing market of Adeney?

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 Adeney that shows the growth in recent years.

1 year 3 years 5 years
Adeney growth rate 2% 9% 17%

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 Adeney is important.

Other cities in different locations you can consider to buy property

Below is a list of towns that differ from Adeney.
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 West Midlands:

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.

What are the asking prices for the houses for sale in the city of Adeney?

In the city of Adeney, what is the average asking price for the houses for sale?

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £194,244
Average asking price (3 bed) £270,391
Average asking price (4 bed) £443,043
Average asking price (5 bed) no relevant data for this city

Reading the table above should therefore give you a good idea of the type of house for sale that is within your budget in Adeney and if you may need to look at a different area in order to buy the type of house you can afford.

Also, noting the £0 should also give you an overview of what the asking price for houses for sale are in general.

When investors make offers for houses for sale in Adeney, the average price asked by the homeowners works out to be £309,871.

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 Adeney 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.

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

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

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

As well as looking at the asking price for house for sale in Adeney, 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 Adeney.

Houses for sale, are sold on average in Adeney, after the influence of these factors, at £249,370 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 9% over the last 10 years.

Housing category Total final sale price
Aerage sold price (detached) £312,430
Aerage sold price (semi-detached) £183,963
Aerage sold price (terraced) £170,388
Aerage sold price (flat) £111,552

This table above shows the average sale price for each variation of houses for sale in Adeney.

Housing category Sale price per square foot
Aerage sold price/sqft £2,380
Aerage sold price/sqft (new build) £2,420
Aerage sold price/sqft (old stock) £2,270

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 Adeney is £2,380.

This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.

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 Adeney

  • 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.

Frequently Asked Questions (FAQ)

Is it possible to renovate a property in Adeney?

Properties in the city of Adeney 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 18828. Compare other places in the UK to make this figure make more sense.

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

The city of Adeney sees around 11 property transactions every month, while the nationwide figure for the whole of the United Kingdom stands at roughly 1.1 million property sales.

What is the population change each year in a city like Adeney?

For a comprehensive analysis of Adeney’s population trends, observe the population fluctuation over a decade, indicated by 9%, and the five-year alteration represented by 6%. Perhaps also look at data from another nearby city too so you can see a comparison.

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

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

Does opting for a house for sale in Adeney 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 Adeney, the value is £249,370, whereas the UK’s mean is £286,500

Buying a home in Adeney? Find trusted estate agents below

Purchasing property in Adeney 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
Barker Healey Property Phone number only 10 High Street, Newport, TF10 7AN 441952476737
BARKER HEALEY PROPERTY LIMITED Phone number only 10 High Street 441952813625
Davies White & Perry Caroline Cross (caroline.cross@davieswhiteperry.co.uk) 45-47 High Street 441952811003
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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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