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.
In Ball Haye Green, what do houses for sale tend to sell for?
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 |
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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 |
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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 are the demographics like?
How deprived is the population of Ball Haye Green?
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 24% for Ball Haye Green should give you a nice idea of the deprivation in the area.
What is the city of Ball Haye Green’s social grade score?
The social grade of a city is useful when searching for a house for sale because it tells you what kind of jobs people have in the area. For example, there could be a lot of skilled manual workers or there could be a lot of pensioners and people on benefits.
The scale goes from a social grade of an A who are high managerial, administrative or professional workers to an E where people in this category are on state pensions, casual workers or unemployed on state benefits.
The number of people in Ball Haye Green in grades A or B which are the highest skilled roles in the country is 20%. Realistically, you can expect workers in this category to earn a higher salary too.
For comparison, £38,600 is the average household income of the area. You can see how this figure is congruent with the number of people in the top two categories of the social grade at 20%.
What does the population of Ball Haye Green look like?
In total, the number of people in Ball Haye Green is 28,113. 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 Ball Haye Green, depending on where exactly you are.
How has Ball Haye Green 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 Ball Haye Green has changed by 0%. 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 0% 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 Ball Haye Green?
2% 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 Ball Haye Green 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.
Are the people in Ball Haye Green earning a lot?
Typically, as people earn more money, the more they are able to afford and the better house prices in the area because demand goes up. You could also infer that the amenities such as schools, parks and public areas are generally of high quality as a result.
For these reasons, it could be argued that areas where people earn more money are generally nicer arrears to live in which also attracts more people as a result and further drives up house prices in the area.
To see if this phenomenon occurs in Ball Haye Green. Compare the area’s average household income of £38,600 to the average household income in the UK at price34,000. Adding to this, compare it with the figure for the highest social grade score too at 20% for more conclusive data on the affluence of the area.
How educated are the people in Ball Haye Green?
The number of people as a percentage who have been through university and gained a degree is 25%. The ability to buy a home is greatly influenced by the number of people who have degrees. £38,600 is the amount people in Ball Haye Green 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 Ball Haye Green, 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 the city of Ball Haye Green, how much green space remains for residents?
In the UK, there are a range of cities which have a lot of green space. In some cases, green space can get as high as 49% of outdoor land like in the city of Edinburgh. When specifically talking about Ball Haye Green, the city has 25.0 per 1000 residents.
This can be compared to an average of 1.7 acres of green space per 1000 residents which is the UK’s national average. It is up to you to decide how much you’ll let the amount of green space impact your buying decision in Ball Haye Green.
Located in Staffordshire is the city of Ball Haye Green, in a large part of the UK; West Midlands. 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 Haye Green 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 Haye Green 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.
In general, do people commit a lot of crime 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.
What’s the rental yield in general for the city of Ball Haye Green?
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 Ball Haye Green, 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 Staffordshire, to give a smaller scale area to compare the data to.
Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
---|---|---|---|---|
Ball Haye Green | 2.8% | £575 | no relevant data for this city | 23.0% |
Staffordshire | 3.76% | £767 | 113.22% | 20.39% |
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 Ball Haye Green you might be interested in the number of sales per month (23) that happen in the local housing market. Comparing this figure for Ball Haye Green with the above table gives you a good understanding of the profitability of the area.
In Ball Haye Green, how has the number of houses changed?
Before committing to Ball Haye Green 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 Haye Green growth rate | -8% | 3% | 14% |
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 Haye Green is building housing to find your answer.
In Ball Haye Green, what is the asking price in general for a house for sale?
In the city of Ball Haye Green, 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) | £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 |
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 Ball Haye Green has a lack of supply of housing in certain categories.
Before a house gets sold, the figure it sells for always starts off as an asking price. This average asking price for the houses for sale in Ball Haye Green determines the eventual sale price of the house so it isn’t the most important figure but is still important to take note of. This figure is currently £250,561.
Below, there is a table showing the asking price of the different sizes of houses based on the number of bedrooms of the houses in Ball Haye Green.
Who can help you buy a house for sale in Ball Haye Green?
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 Ball Haye Green:
- Adbaston in West Midlands
- Alcester in West Midlands
- Billesley in West Midlands
- Great-Malvern in West Midlands
- Birmingham in West Midlands
You may also refer to our landing page specific to UK houses for sale, houses for sale in the UK
Choosing the perfect house for sale for you might be challenging in today’s market due to the abundance of available houses.
You may wonder who can guide you through the process of selecting a house that is for sale.
There are several experts that provide guidance and support to potential buyers and the procedure can be drawn out, particularly when dealing with houses for sale.
Here is a list of who to contact to get assistance when purchasing a house for sale:
- Banks – The ones that can lend you the money you need for the house for sale
- Insurance companies – Companies that give you access to various insurances specific to the house for sale you are considering to buy
- Solicitor – The individual or business responsible for handling the legal tasks required to purchase a home that is for sale.
- Civil engineer – Provides you with an appraisal of the house up for sale that you want to purchase.
- Mortgage advisor – Professional advisors that will guide you and propose the best mortgage deals according to your finances
- EPC specialist – Getting professional advice on the energy performance of the house for sale is crucial, especially nowadays.
Invest in a house for sale that meets your demands
Find here below a list of criteria that we suggest you consider before looking for houses for sale in Ball Haye Green
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affordability – the UK gov website comes in helpful when you want to understand (see what house for sale you can afford)
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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.
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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.
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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.
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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.
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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
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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?
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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.
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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.
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