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How much does a house for sale cost in Admaston?

by | Nov 15, 2022

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

Admaston 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 Admaston.

On top of this, keep reading for detailed information on the demographics of Admaston in Shropshire. This is crucial in finding out if the area is worth for looking at houses for sale in the UK for an investment over the long term too.

What kind of demographics does the city of Admaston have?

How deprived is the population of Admaston?

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Admaston, currently, 18% 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 the city of Admaston, is there a lot of green space?

In the city of Admaston, there are 28.2 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 Admaston is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.

In Admaston, how educated are people in general?

The number of people as a percentage who have been through university and gained a degree is 26%. The ability to buy a home is greatly influenced by the number of people who have degrees. £44,200 is the amount people in Admaston 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 Admaston, 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.

How much are those living in Admaston earning?

While not always the case, the amount people earn can be associated with better schools in the area and perhaps a nicer environment to live in.

£44,200 is the average household income of the area. And the higher this figure is the more likely it is that there is a higher percentage of people with a social grade score in the A or B categories which is 31% for Admaston.

What’s crime like in Admaston?

Within Admaston, the number of people committing crimes is 41 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 41 figure carefully.

Admaston in the county of Shropshire is notable for its specific demographics and has individual characteristics.

For localised cities and the bigger areas of the UK there are wide variations in the demographics that shape an area so the same is also true for the wider region Admaston is located in; West Midlands.

Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Admaston, what the social grade score of the city is like and if the green space matches the recommended levels people living in the UK should have.

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

In total, the number of people in Admaston is 5,372. 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 Admaston, depending on where exactly you are.

How has Admaston 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 Admaston has changed by 6%. 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 6% 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 Admaston?

10% 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 Admaston 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.

What is the city of Admaston’s social grade score?

In the city of Admaston, the social grade score of the area is 31%. 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 Admaston.

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

Asking price in Admaston for a house for sale

Average price of houses for sale in Admaston

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) no relevant data for this city
Average asking price (3 bed) £234,500
Average asking price (4 bed) no relevant data for this city
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 £0. 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 Admaston has a lack of supply of housing in certain categories.

When speaking about the city of Admaston, £308,956 is the asking price for a house for sale.

We have compiled a table of data so you can know the asking prices of the specific size of home you’re most interested in. As you can imagine, a family looking to move out with children would be after a larger house than someone living alone in Admaston.

The data is in fact very different compared to the number of rooms you’re interested in having in your home and the asking price also tends to go up in staggering amounts as you add rooms.

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

For the city of Admaston, the average price a house sells for is £260,368. This value usually depends on the exact location of the house within Admaston as well as other factors like the population growth in Admaston which is 10% over a ten-year period.

Housing category Total final sale price
Aerage sold price (detached) £289,536
Aerage sold price (semi-detached) £181,654
Aerage sold price (terraced) £170,487
Aerage sold price (flat) no relevant data for this city

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 Admaston.

Housing category Sale price per square foot
Aerage sold price/sqft £2,220
Aerage sold price/sqft (new build) £2,870
Aerage sold price/sqft (old stock) £2,080

Generalising the bottom table, the average value per square foot of a house for sale is £2,220. This value averages all of the types of houses for sale in Admaston. 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 Admaston.

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

What is the growth in the housing market of Admaston?

Before committing to Admaston 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
Admaston growth rate -6% 29% 43%

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 Admaston is building housing to find your answer.

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 Admaston, the below table demonstrates this well. To make things simple, it compares these numbers to the wider region of the UK; West Midlands. As well as Shropshire, to give a smaller scale area to compare the data to.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Admaston no relevant data for this city no relevant data for this city no relevant data for this city 20.0%
Shropshire 3.41% £778 123.75% 14.71%
West Midlands 3.89% £877 119.29% 20.00%

Assuming that in the future you want to re-sell the house you will eventually purchased in Admaston you might be interested in the number of sales per month (4) that happen in the local housing market. Comparing this figure for Admaston with the above table gives you a good understanding of the profitability of the area.

Professional advice for houses for sale in Admaston

A house for sale appropriate to your needs

Many criteria impact the price of houses for sale in Admaston.
Here below are the most important ones according to Lofti’s expertise:

  • Affordability – (see what house for sale can you afford?)

    A guide from the UK government

  • House Location – The borough and region of the UK you want to invest in is an important factor to consider when looking for a home for sale.

  • Transport – Commuting can be a waste of time. Minimise it by checking how long it will take from the house for sale you’re interested in, to your office before considering buying

  • Number of bedrooms – The number of bedrooms goes hand in hand with the house for sale price. If you are buying for the long period try to think if you might need an extra bedroom

  • Energy performance of the house for sale – The difference between an EPC rating of A and an EPC rating of G can impact your monthly utility bills, consider this when evaluating houses for sale.

  • Internet connection – Being able to take video calls from your home is crucial nowadays, always check the broadband of the area when browsing houses for sale

  • Car park – Ask the property seller for parking availability. If it is included in the price of the house for sale, you can justify paying more than you would at first glance

  • Conditions of the house for sale – Repair works can be expensive and take a lot of time, assess the conditions of the houses listed for sale before making an official offer.

Who should you talk to while going through the process of making an offer on a house for sale?
Several experts specialise in giving advice to property investors or to first time potential buyers.

Since the process of finding the right house for sale can take months, you have all the time to consult with the experts you might need.

Find here a list of those you should contact to get professional guidance and assistance when purchasing a house for sale:

  • Lender – This practitioner can lend you money to finalise a house purchase
  • Insurer – Insuring companies will provide you with the insurance policy you need to protect the house for sale you want to buy
  • Legal representative – This professional is usually there to handle all the legal tasks associated with purchasing a home for sale.
  • Surveyor – Carries out and independent valuation on the house for sale based on its conditions. It is very useful to understand the correct price before making an offer
  • Mortgage specialist – Mortgage advisors works on commissions. They will get a cut from the bank and will guide you with offering the best deals given your financial situation
  • Energy assessor – We strongly suggest you to invest in a professional assessment of the Energy Performance of the house for sale you want to purchase

houses for sale in other cities in the UK

You can assess the various houses for sale offered in the area by consulting this list of cities in West Midlands, the same UK region as Admaston:

You may also refer to our landing page specific to UK houses for sale, houses for sale in the UK

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