As a landlord, whenever you are looking at houses for sale in Staffordshire, you could find varying prices throughout an area like Blythe Bridge. In this article, this data will be simplified so you can find all of the data on one, convenient page.
So, from the rental yield of Blythe Bridge to the success you may expect to get when submitting planning permission. Everything you need to know about house for sale in the UK and in Blythe Bridge will be revealed. Keep reading.
What is the final sale price of a house in Blythe Bridge?
In Blythe Bridge, houses for sale are sold at an average of £205,816. In general, multiple factors impact this figure because lots of variables impact properties valuation. This can include the quality of the buildings in general, whether the population has grown, if there is demand for housing or if there is a low crime rate which would make the area more desirable.
In the table below, you can see for yourself how the average price of a house for sale looks based on the different sizes of housing in Blythe Bridge. The exact amount of variation between the types of housing depends on the local demand for particular types of houses in the area.
| Housing category | Total final sale price |
|---|---|
| Aerage sold price (detached) | £273,483 |
| Aerage sold price (semi-detached) | £174,359 |
| Aerage sold price (terraced) | £154,875 |
| Aerage sold price (flat) | £100,357 |
As you can see above, for Blythe Bridge, price varies based on the type of house that is being sold. If these prices shock you it could be due to population change in the last 10 years of 3% where lots of movement may inflate or deflate house prices.
| Housing category | Sale price per square foot |
|---|---|
| Aerage sold price/sqft | £2,070 |
| Aerage sold price/sqft (new build) | £2,400 |
| Aerage sold price/sqft (old stock) | £2,000 |
Looking at the second table about Blythe Bridge, you are able to tell which type of housing is most affordable to you as a buyer. However, for a general overview of what house price is, the average price per square foot for a house in Blythe Bridge is £2,070.
In Blythe Bridge, what is the asking price in general for a house for sale?
When speaking about the city of Blythe Bridge, £283,924 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 Blythe Bridge.
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.
Table showing the asking prices for houses for sale in Blythe Bridge
| 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) | £266,298 |
| Average asking price (4 bed) | £339,920 |
| 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 Blythe Bridge is the right area to buy a house in for you.
Always consider average rental yield when searching for houses for sale in Blythe Bridge
Let’s consider that you’re not looking to buy a house for sale to live in for the long term future such as if you changed location with your family and want to settle down and you want to find somewhere to buy as an investor in Blythe Bridge. If this is the case, rental yield is a crucial statistic to consider.
If looking to invest, you should also consider other data about the area. The average rental income, the turnover of the sale of the house and what the net rental yields are like for the area do also have an impact on the final price of houses for sale in Blythe Bridge.
It is clear to see from the table below that there is a difference between all of these pieces of information and how they can be compared and contrasted on a county level (Staffordshire), a regional level (West Midlands) and finally on the level of the city talked about in this article, Blythe Bridge.
| Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
|---|---|---|---|---|
| Blythe Bridge | no relevant data for this city | no relevant data for this city | no relevant data for this city | 11.0% |
| Staffordshire | 3.76% | £767 | 113.22% | 20.39% |
| West Midlands | 3.89% | £877 | 119.29% | 20.00% |
You may also find it useful to compare the data above to the number of properties sold per month Blythe Bridge experiences. This figure for house sales per month is 6. Looking at all this information holistically is what a smart investor should do when deciding on the right area for investment before looking for houses for sale.
In Blythe Bridge, how has the number of houses changed?
The growth of an area like Blythe Bridge 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 | |
|---|---|---|---|
| Blythe Bridge growth rate | -1% | 9% | 15% |
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 Blythe Bridge if you want to find out the exact reasons for the housing change.
Are there any important statistics about the population of Blythe Bridge?
In Blythe Bridge, what is the social grade score?
In the city of Blythe Bridge, the social grade score of the area is 23%. 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 Blythe Bridge.
| 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 |
Located in Staffordshire is the city of Blythe Bridge, 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 Blythe Bridge 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 Blythe Bridge 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.
For the city of Blythe Bridge, what is the education level?
In Blythe Bridge, the proportion of people who have a degree is 18%. Generally speaking, as the number of people with degrees increases, the more people are able to afford houses to buy as a degree is a good indicator of a higher income. To put this into perspective, the average income of Blythe Bridge is £43,500.
This figure for average household income usually goes up alongside the percentage of people who have degrees.
However, this is not a hard and fast rule, there are many factors influencing the buying power of a population and hence the appreciation of housing and the number of houses for sale in the area. This can include the rental yields of the area and other demographic statistics like crime rate.
Nonetheless, it cannot be argued that those with degrees tend to live in more affluent areas as 82% of people who achieve a first in degree level education are owners of the place they live.
Have the people of Blythe Bridge grown in numbers?
The city of Blythe Bridge has a total population of 9,803. 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 Blythe Bridge 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 Blythe Bridge
Over time, in the last five years, the population of the city of Blythe Bridge has changed by 2%. 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 2% 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 Blythe Bridge?
In the last 10 years, there has been a shift in the population of 3%.
Comparing this to the 5 year figure of Blythe Bridge 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.
In Blythe Bridge, what are the deprivation levels like?
The number of people who are deprived can have an impact on the perception of your house in the general marketplace. Additionally, if you are looking for a house to live in for the long term, you can start to picture what your neighbours and the people in your area live like financially.
If the proportion of deprivation of Blythe Bridge is 31% and in general for the UK this figure is somewhere around 33%, you can see if this figure is something you are happy with as you search for a house to buy.
Is the crime rate bad in the city of Blythe Bridge?
For the city of Blythe Bridge, crime rate is at 56. So for every 1000 people in the area, 56 commit a crime which is prosecuted. Paying close attention to this figure of crime rate is not only important for the value of a house but also to calculate the maintenance cost of owning a house and how attractive an area can be for future buyers.
So, compare it to the nationwide average of 79.52 per 1000 people and consider if you are happy with this figure based on the price you’re paying for a house you’re interested in.
On top of this, houses that are in areas where there is a high crime rate tend to have to pay higher insurance rates, costing a homeowner in the long term.
Additionally, paying for further security on a house such as CCTV or potentially gates and fences that deter thieves may be necessary for an area with a high crime rate.
How much do people in Blythe Bridge earn?
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.
£43,500 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 23% for Blythe Bridge.
In the city of Blythe Bridge, 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 Blythe Bridge currently has 11.9 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 Blythe Bridge in this case.
Get professional help on the houses for sale in Blythe Bridge
Thinking about other cities with houses for sale?
Examine this short list of cities belonging to West Midlands, the same region where Blythe Bridge is located.
- Arleston in West Midlands
- Stoke-Prior in West Midlands
- Bloxwich in West Midlands
- Birley in West Midlands
- Acton-Round in West Midlands
If none of these is of your interest, we suggest you visit our landing page with all data related to the houses for sale in the UK.
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
Choose the right house for sale that suits your needs
Criterias that have an impact on the actual price of a house for sale have been listed here below. Consider them all to find the perfect houses for sale in Blythe Bridge.
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Affordability – check this article from the UK government to find out (see what house for sale you can afford)
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Location – if the house for sale is in the city centre rather than further out, this may be why it is more expensive than the market average.
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Transports near the house for sale – Being able to use public transports is a huge plus for a house, especially in big cities. This will have an impact on the price as well.
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Bedrooms – the more bedrooms there are in a house for sale, the more tenants a buy to let investors will be able to host, therefore, realistically the price will also increase.
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EPC of the house for sale – today more than ever, the energy performance of properties for sale on the market should be one of the first things you check.
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Wi-Fi speed – We recommend you check the internet plans available for the areas where you are considering to buy a house for sale
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Are you a motorist? – If yes, filter out your searches and compare prices of houses for sale with parking availability. Remember, a car parking space can cost as much as £400 per month
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Conditions of the house for sale – New builds and properties that were recently built usually need little to no repairs; instead, other houses for sale may require consistent or structural maintenance. These investments that can be both expensive and laborious to complete. Before making your offer for a house for sale you should always carefully assess this criteria.
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