Ball Haye Green 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 Staffordshire.
Before looking for a house for sale in the city of Ball Haye Green 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 Ball Haye Green.
Who can help you buy a house for sale in Ball Haye Green?
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
What is the final sale price of a house in Ball Haye Green?
In Ball Haye Green, the average sale price of a house for sale is in fact £171,994. This is dependent on the 10 year population growth of Ball Haye Green being 2%. Growing populations are more likely to inflate the prices of houses for sale in the city of Ball Haye Green.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£300,833|
|Aerage sold price (semi-detached)||£166,426|
|Aerage sold price (terraced)||£120,856|
|Aerage sold price (flat)||£107,794|
The list below is able to inform you of what these prices are. Giving you an accurate estimate of whether a landlord is likely to accept your offer based on the prices of the houses for sale in Ball Haye Green.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£1,860|
|Aerage sold price/sqft (new build)||£2,490|
|Aerage sold price/sqft (old stock)||£1,780|
Evidently, certain types of houses for sale will have different types of demand and this will be reflected on the final price.
On average, the cost of a house for sale per square foot works out to be £1,860. This means if you are just looking out the houses sold in Ball Haye Green in general and didn’t take into consideration the type of build. For example, a new build.
In Ball Haye Green, what is the asking price in general for a house for sale?
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 Haye Green is £250,561.
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 Haye Green is useful when negotiating and knowing what to expect for every type of house for sale.
The average asking price for the houses for sale in the city of Ball Haye Green
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£142,664|
|Average asking price (3 bed)||£249,654|
|Average asking price (4 bed)||£369,685|
|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 Ball Haye Green is the right area to buy a house in for you.
Are you considering other cities with houses for sale?
If you are looking for a list of cities that are different to the City of Ball Haye Green and in different UK region to West Midlands. You might want to consider these as alternatives for your next real estate investment:
- clase in West Midlands
- ammanford in West Midlands
- ancrum in West Midlands
- arbuthnott in West Midlands
- broomfield in West Midlands
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.
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 Haye Green
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.
In Ball Haye Green, what are the demographics like?
What’s the crime rate in Ball Haye Green?
Within Ball Haye Green, the number of people committing crimes is 66 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 66 figure carefully.
Ball Haye Green in the county of Staffordshire 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 Ball Haye Green 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 Ball Haye Green, 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.
Have the people of Ball Haye Green grown in numbers?
The city of Ball Haye Green has a total population of 28113. Large population sizes can be good to show there is a high demand for people to buy houses in the area but a better indication is if the population of Ball Haye Green is growing.
A small population city can also have high prices of houses for sale, because, if there is a growing population, and demand is still high, this could mean the house prices are pushed up.
Either way, a population must also be looked at in terms of the appreciation of the area as well as the rental yields and if the area really meets your needs.
The five year population change of Ball Haye Green
Over time, in the last five years, the population of the city of Ball Haye Green has changed by 0%. This figure can tell you a lot because a growing population indicates a house is likely to appreciate. Read more here
In addition, looking at the 10 year figure for population growth in the below paragraphs can give you further evidence as to what the change in population has been for a longer period of time. As a result, you’ll know if this 0% population change is something that has been there for a while or if it is a new trend. Click here to know more on the UK population trends.
What is the difference in population over the last 10 years in Ball Haye Green?
In the last 10 years, there has been a shift in the population of 2%.
Comparing this to the 5 year figure of Ball Haye Green can tell you if there is a long history of population growth or decline, if there are population fluctuations or if the trend is stable.
New industries opening up in the area, the addition of new jobs and also international and national migration might all be reasons for changes in population size. Resulting in people moving in or leaving an area.
A good example of a quick change in population was in Stratford, London in 2012. Here, there was an increase in government spending in the area because of the Olympics which resulted in massive population growth.
Is the education level of Ball Haye Green important when buying a house?
In the city of Ball Haye Green, 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 Haye Green is £38,600.00.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
What salary does the community in Ball Haye Green take home?
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 £38,600.00.
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 Ball Haye Green this figure is 0.2.
In the city of Ball Haye Green, is there a lot of green space?
Whether you view green space in Ball Haye Green as important to you as a homeowner is up to your personal preferences. Having said this, there is a clear benefit on the overall health of people who live near green space as the government has stated keeping green space in proximity to people is one of the biggest factors for combating obesity.
In Ball Haye Green, the number of acres of green space for every 1000 people currently is 25 which can be measured against the UK average of 1.7.
How deprived is the population of Ball Haye Green?
The deprivation levels of the UK can vary quite a bit. High deprivation levels signal a particular area has people who are struggling to make ends meet and pay for basic living expenses. For Ball Haye Green, in particular, the deprivation levels are £0.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
What is the city of Ball Haye Green’s social grade score?
In the city of Ball Haye Green, the social grade score of the area is 0.2. 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 Ball Haye Green.
|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|
What’s the rental yield in general for the city of Ball Haye Green?
In Ball Haye Green, how has the number of houses changed?
Whenever you are thinking about looking for houses for sale in Ball Haye Green, think about how the city is growing and how this may impact the overall growth of the area.
Comparing the growth at different time periods would be a great way to assess whether the growth has slowed down, remained the same or perhaps stagnated over the years.
|1 year||3 years||5 years|
|Ball Haye Green growth rate||-8%||3%||14%|
As the population of Ball Haye Green grows, this may also push up the price of the houses for sale. More people would be looking to buy homes and permanently live in the area. This demand helps a home appreciate. However, this isn’t always true because some cities build a lot of houses too to match the supply.
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 Haye Green.
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 (Staffordshire) as well as the broader region; West Midlands.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Ball Haye Green||£0||£575||no relevant data for this city||£0|
Also, you can compare other data to the table above such as the number of houses sold per month in Ball Haye Green which is 21 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 Haye Green is to invest in. Both in terms of rental yield and capital appreciation.
FAQ (Frequently Asked Questions)
If you are a landlord, should you renovate a property in the city of Ball Haye Green?
If planning permissions are abundant in the vicinity of Ball Haye Green, it may look promising for landlords looking to renovate. With 9 getting approved on a monthly basis, and a success rate of 84%, these prospects flourish against a population of 28113. A comparative analysis against other locations across the UK will lend you a good perspective of this data.
In Ball Haye Green, how many property sales per month are there?
Ball Haye Green boasts a monthly total of 21 property transactions, while the entire UK witnesses approximately 1.1 million property sales. You can visit our pages that give information on houses for sale based on Rightmove data from the same region using the link
In a city like Ball Haye Green, what’s the yearly fluctuation in population?
To assess the shifts in Ball Haye Green’s population over time, analyse how the population has altered. Look at the ten year change of population of 2%, alongside the five-year change of 0%.
What are the asking rates for houses for sale in the surrounding area of Ball Haye Green?
Currently, the mean asking price of a house in Ball Haye Green is £0, calculated using the average value per square foot
Would acquiring a house for sale in Ball Haye Green be regarded as a high-priced option?
To work out if you are looking at an expensive property, find a house for sale and compare it to the average prices sell for. In Ball Haye Green this number is £171,994 and in the average for the UK is £286,500. Also, make sure you don’t miss a crucial step by following our tutorial when buying a house