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How much does a house for sale cost in Almeley?

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 Almeley?

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Almeley might be an interesting area to invest in when looking for a house for sale in the UK as it is a unique area in the county of Herefordshire.
Before looking for a house for sale in the city of Almeley we strongly suggest landlords and real estate investors to research in detail and consider all involved factors. Indeed, house prices can change quite a bit depending on the square foot of the property, the number of rooms, the economic climate, the location of the house and more.

In this data heavy article the reader will be able to find out more on the topic and see the specific data to consider when evaluating different houses for sale in Almeley.

In general, for the city of Almeley, what are the final purchase prices for the houses for sale?

There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Almeley. In Almeley, this sale price works out to be £301,387. As an example, a factor like population growth over the last 10 years which works out to be 3% in Almeley and impacts house prices of the houses for sale.

Housing category Total final sale price
Average sold price (detached) £350,052
Average sold price (semi-detached) £231,748
Average sold price (terraced) £218,601
Average sold price (flat) no relevant data for this city

Above, the exact type of house is also shown to vary in price in a table in Almeley. You may think that the bigger the house is the more expensive, but actually, this table is more based on the demand for the properties in each category.

Housing category Sale price per square foot
Average sold price/sqft £2,540
Average sold price/sqft (new build) £2,440
Average sold price/sqft (old stock) £2,440

In addition, here is the price per square foot. By taking this data and doing an average, it is also possible to work out the average square foot of houses in Almeley which is £2,540. From here you can get a sense of the price of the overall housing market and therefore, also find out the prices of the houses for sale.

In Almeley, what are the demographics like?

Is the crime rate bad in the city of Almeley?

Within Almeley, the number of people committing crimes is 3700% 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 3700% figure carefully.

Almeley within Herefordshire is notable for the type of people that live there. The statistics below show how this is the case.

As you read on, Almeley will be looked at by comparing it to the local region, as well as comparing it to the wider region too (West Midlands). From what the population of the city is to how it’s growing as well as factors like the overall crime rate.

This data is impacted by the history of the area and what kind of industry there is around. All of which also impact house prices which is crucial for you to understand as you look at houses for sale in Almeley.

In Almeley, what is the social grade score?

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 Almeley, the percentage of people in the two highest categories, A and B is 25%. 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 £38,300.00. This income will generally get bigger as the percentage of people in the A and B categories go up too (25%).

Is the city of Almeley deprived?

Deprivation levels refer to the ability of the population of the city to earn enough to keep their lifestyle going. Nationwide, it is thought that the number of people at this level or not being able to meet the costs of living is around 33%. In comparison, the deprivation level of Almeley is £0.

In the city of Almeley, is there a lot of green space?

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 Almeley currently has 14 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 Almeley in this case.

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

Interestingly, the percentage of people who have a degree in the city of Almeley is 26%. Most of the time, the more people that have a degree, the higher the average household income and the more likely someone is to be able to afford to purchase a house. For example, the average income of the citizens in the area of Almeley is £38,300.00.

Generally, areas with high numbers of people with a degree are also areas with more people likely to be home owners and therefore the value of houses and relative prices of the houses for sale are more likely to go up too.

Nonetheless, making predictions about the appreciation of a house also has to be considered alongside other factors like population growth and the rental yields of the area.

However, most of the time, being educated is a good indication of affluence with 82% of people graded a first in tertiary education going on to eventually own a house.

What does the population of Almeley look like?

Population growth in Almeley is important to know if there is housing demand and the total population may also be looked at as large populations commonly have a lot of buyer demand.

In Almeley, 7515 people live in the city as their main place of residence.

It is important to note that it is not the case that everyone likes a large population to live in. People who tend to prefer a more relaxed life are more likely to buy or rent somewhere to live that has a small population and perhaps also wouldn’t mind if the population isn’t growing.

Other people also like to have a mix of both. Where they can visit rural areas and also benefit from the amenities of a busy city.

In Almeley in the previous five years, have population numbers transformed?

Five years may seem like a long time but it is rare for a city to grow that much unless there is dramatic population growth. In Almeley, this change has been 2%. Read more here

Someone who wishes to find out how this change has occurred over a longer period of time may also wish to read the headings below and see if the change has continued throughout the past decade too. Or if the change is only true for the more recent figure for five years of 2%. Click here to know more on the UK population trends.

Over the last decade, how has the population differed in Almeley?

Populations change all the time but if there is a clear change in population in the last ten years this is even more reliable data about the population of the area as opposed to five. This adjustment in population works out to be 3% in Almeley.

What this statistic is like in comparison to the population change in five years should provide you with a comprehensive understanding of what direction the population is heading in.

In recent years because of the pandemic, it is common to see dramatic differences in the population change in the last five years when comparing it to ten as people realise they can work from home but still keep the current jobs they have.

This means they can move to cities they wouldn’t have considered otherwise and be location-independent of their source of income. Perhaps making a longer commute into the office every week for example.

How much are those living in Almeley earning?

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 £38,300.00.

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 Almeley this figure is 25%.

What’s the rental yield in general for the city of Almeley?

Is the housing market in Almeley growing?

The growth of an area like Almeley can be a great indicator of a thriving city and the influx of new people can drive demand for housing and help appreciate the value of your house after you buy it.

Paying attention to the table below tells you how the number of houses has changed over time at one year, three year and five year intervals.

1 year 3 years 5 years
Almeley growth rate 10% 38% 33%

Despite the number of houses being built rising, this may not indicate that the housing price of the houses for sale is going up. It could be the case that there are a lot of new builds in the area which are causing the supply of the houses for sale to match demand and this could cause a decline in house price as time goes on.

Make sure you do your own research specific to the city of Almeley if you want to find out the exact reasons for the housing change.

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Almeley, 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 and how much you can charge for rent in your ast (assured tenancy shorthold).

houses for sale in other cities and regions in the UK

Below is a list of towns that differ from Almeley.
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.

Advice from experts on properties for sale in Almeley

Considering all the above data and information provided, you may want know who can help you buy a house for sale.
Lots of professionals offer property investors and first-time buyers advice and assistance in dealing with the process of acquiring a house for sale.

Below, you can find a list of professionals that come in handy when looking for houses for sale:

  • Lender – Is someone capable of lending you the money you need to complete the purchase of the house for sale
  • Insurer – Insurance companies provide building insurances and other financial products you need to protect your real estate assets
  • Conveyancer – This professional will take care of the legal work needed when looking for a house for sale
  • Surveyor – Use this professional to assess the condition of the house for sale you are willing to buy, get an independent valuation and feel more comfortable when negotiating the final price
  • Mortgage broker or adviser – Different buyers can access different mortgages to buy a house for sale. Let the mortgage broker suggest to you which one is the best given your financial situation
  • Energy professional – Nowadays is more important than ever, to get professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering as your next investment

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

On average, in Almeley, the asking price for a house for sale in the area is £486,348.

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 Almeley. 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 Almeley

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £294,000
Average asking price (3 bed) £378,864
Average asking price (4 bed) £608,333
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 Almeley has a lack of supply of housing in certain categories.

Choose the right house for sale that suits your needs

What parameters impact the final price of a house for sale in Almeley?
Here below is our list with the most important ones:

  • House for sale affordability – check out the (see house affordability guide)

    on the UK gov website to know more

  • House Location – the actual location of a house for sale drastically changes the final price of a property

  • Transports you can reach by foot – Commuting is part of our lives, especially in big cities, check it out before buying a house for sale.

  • Number of bedrooms – Usually, the bigger the house for sale the more bedrooms it will have. For example, if you are a single person (or a couple) one bedroom will do.

  • Energy Performance Certificate of the house for sale – Bad EPCs can result in thousands of pounds more in bills you will have to pay on an annual basis. Consider this when purchasing a new property.

  • Internet connection – Having a quick internet connection is fundamental nowadays. Check the area of the house for sale to understand what the average internet speed is and see if it fits your needs

  • Do you drive to the office? – If yes, ask about parking. Is it included in the house price?

  • Special areas – Start by taking a look at the National Heritage list by the UK government. If a house listed for sale appears in the list, the future landlord won’t be able to invest in changes to the real estate asset.

  • Houses for sale Conditions – When looking for houses for sale you should always consider the amount of time and money you will have to invest to complete the needed repairs, if any at all.

FAQ

Is it possible to renovate a property in Almeley?

Properties in the city of Almeley may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are 4 approvals every month with an approval of 85% based on a population of 7515. Compare other places in the UK to make this figure make more sense.

How many property sales occur per month in Almeley?

The city of Almeley sees around 7 property transactions every month, while the nationwide figure for the whole of the United Kingdom stands at roughly 1.1 million property sales.

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

To assess the shifts in Almeley’s population over time, analyse how the population has altered. Look at the ten year change of population of 3%, alongside the five-year change of 2%.

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

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

Would acquiring a house for sale in Almeley be regarded as a high-priced option?

Ascertain the costliness of a property by examining a listed house for sale in relation to the prevailing average selling prices. In Almeley, this stands at £301,387, whereas the UK’s mean is £286,500.

Who are the best estate agents in the city of Almeley?

Looking to pruchase a home to live in or for an investment? Discover agents in the city of Almeley below who are ready to help you navigate the home buying journey. From viewing listings to making offers, rely on an knowledgeable professional tailored to your neighborhood and preferences to eliminate the headache of searching:

Name of the Agent Phone Number Address Email Address
Sunderlands 441497557630 3 Pavement House, Hereford, HR3 5BU Phone number only
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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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