Whenever looking for a house for sale in the UK or in Caldecott, it is vital you look at the market trends and house price fluctuations in the wider area of Northamptonshire too. House prices of houses for sale can change even among different streets very close to each other so, as a landlord, it would be a good idea to be familiar with the area of Caldecott.
In this article, we will be looking at the city of Caldecott in detail so you know how to navigate the area and have a better understanding on where to invest.
What’s the rental yield in general for the city of Caldecott?
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 Caldecott. 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 Caldecott.
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 (Northamptonshire), a regional level (West Midlands) and finally on the level of the city talked about in this article, Caldecott.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
You may also find it useful to compare the data above to the number of properties sold per month Caldecott experiences. This figure for house sales per month is 19. 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.
Is the housing market in Caldecott growing?
Before making an investment and move forward with buying a house for sale, another important set of data an investor should analyse is the growth trends of the area in question.
Below are the forecasted growth rates for the city of Caldecott at 1 year, 3 year and 5 year intervals:
|1 year||3 years||5 years|
|Caldecott growth rate||3%||14%||28%|
Examine this figure carefully as the addition of a lot of new houses to meet demand could mean that house price of the houses for sale in Caldecott gradually reduces with an increase in the housing supply. This could be a good indicator to understand if your house will appreciate or not. Too many houses and too much supply could drive down the prices of homes or stagnate them. So be sure to check out what is exactly happening in Caldecott.
In Caldecott, what is the asking price in general for a house for sale?
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 Caldecott 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 £306,198.
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 Caldecott.
In the city of Caldecott, 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)||£226,738|
|Average asking price (3 bed)||£278,832|
|Average asking price (4 bed)||£413,037|
|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 Caldecott has a lack of supply of housing in certain categories.
Are there any important statistics about the population of Caldecott?
How educated are the people in Caldecott?
Interestingly, the percentage of people who have a degree in the city of Caldecott is 20%. 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 Caldecott is £40,800.00.
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.
Caldecott within Northamptonshire is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Caldecott 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 Caldecott.
In Caldecott, what is the crime rate?
Within Caldecott, the number of people committing crimes is 8300% 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 8300% figure carefully.
How much green space is available to residents of Caldecott?
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 Caldecott currently has 45 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 Caldecott in this case.
How much do people in Caldecott earn?
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 £40,800.00.
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 Caldecott this figure is 19%.
What is the city of Caldecott’s social grade score?
In the city of Caldecott and throughout the UK, the social grade score is assessed by observing what type of jobs people have and then grouping this into a grading system.
In general, the people at the top of the scale (the A category) have the highest paid, most skilled jobs and this is just 4% of the general UK population. On the lower end of the scale, people who are on benefits, state pensions and also manual workers all are grouped into this category that represents the most unskilled.
When trying to determine if the area of Caldecott has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 19%.
Below, you can see how this compares to the National average as the average for the top two categories nationwide is 27% (Adding together the A and B categories)
|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 does the population of Caldecott look like?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Caldecott if 26243 and in the below heading how this population has changed will be broken down.
Like most data to do with houses, all data has to be considered holistically with multiple variables to determine if the population growth actually impacts the statistics that matter to you as a landlord in Caldecott such as rental yield or house appreciation.
How has the population size of Caldecott adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Caldecott by no relevant data for this city. Analysing this figure is a great way to tell if there is new demand for housing or not as a decreasing figure reduces the number of people who want to buy houses. Read more here
To compare this figure over a greater period of time, you could look at the figure for the 1 year population too and compare them. This way you can see if the population has changed recently or if this no relevant data for this city change has historically occurred before. Click here to know more on the UK population trends.
Over the last 10 years, how has the population size adjusted in Caldecott?
In the last decade, the population of Caldecott has been adjusted by no relevant data for this city. This growth may be as a result of factors like new industries employing people or emigration and immigration balancing out to create this population change.
A precedent that shows population change in this way over decades is the region of Greater London. The capital city has grown by 27% in the past 20 years. Population growth has caused house prices to go up to price523,666 on average.
Are the deprivation levels of the UK any different to Caldecott?
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 Caldecott is £0.
Invest in houses for sale in Caldecott with the right professional advice
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
When browsing houses for sale in Caldecott you should think about lots of different criteria:
House for sale affordability – visit the dedicated page of the UK government to understand (see what you can afford)
Location of the house for sale – the region and town you are considering to live in are crucial factors to consider before looking for houses for sale. In this article, we define lots of demographic factors that should help you make a decision.
House for sale transport links – even if working from home is becoming more and more predominant, we suggest you check the transport links the house for sale has.
Number of bedrooms in the house for sale – are you looking for houses for sale for the whole family or are you single? Always think about how many bedrooms you need and if that number might change in the future
energy performance of the house for sale – What is the EPC of the house for sale? Today more than ever, is important that you check the EPC rating of the real estate assets available for sale on the market.
Internet speed in the area of the house for sale – it is important to remember that internet speed is a consequence of two factors: your plan and the infrastructure available in the area. Always check these parameters before looking for houses for sale. Especially if you are renting the property as this will impact your business costs. Whether that be in an excluded tenancy agreement or a more common, assured shorthold tenancy.
Does the house for sale have parking – if yes, is it on-street or is the house for sale equipped with a garage?
Houses for sale in conservation areas – always check the National Heritage list. If a house for sale is part of this list it means that it might be impossible for you to make changes to the property’s internal and external structure.
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.
Other cities in different locations you can consider to buy property
If you are looking for a list of cities that are different to the City of Caldecott and in different UK region to West Midlands. You might want to consider these as alternatives for your next real estate investment:
- blue-bell-hill in West Midlands
- cliff-end in West Midlands
- aldwick in West Midlands
- lea-bridge in West Midlands
- bassett 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.
What is the final sale price of a house in Caldecott?
In Caldecott, the average sale price of a house for sale is in fact £231,812. This is dependent on the 10 year population growth of Caldecott being no relevant data for this city. Growing populations are more likely to inflate the prices of houses for sale in the city of Caldecott.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£308,973|
|Aerage sold price (semi-detached)||£207,435|
|Aerage sold price (terraced)||£173,384|
|Aerage sold price (flat)||£100,049|
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 Caldecott.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£2,410|
|Aerage sold price/sqft (new build)||£2,410|
|Aerage sold price/sqft (old stock)||£2,310|
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 £2,410. This means if you are just looking out the houses sold in Caldecott in general and didn’t take into consideration the type of build. For example, a new build.
Frequently Asked Questions
Do properties in Caldecott have the potential for renovation?
If planning permissions are abundant in the vicinity of Caldecott, it may look promising for landlords looking to renovate. With 12 getting approved on a monthly basis, and a success rate of nan, these prospects flourish against a population of 26243. A comparative analysis against other locations across the UK will lend you a good perspective of this data.
What is the monthly count of property transactions in Caldecott?
In Caldecott, the monthly property transaction count reaches 19, a small percentage of the total house sales in the United Kingdom which equates to approximately 1.1 million.
How does the population in a city like Caldecott change annually?
Calculating the evolution of Caldecott’s population requires an examination of the population transformation over a decade, amounting to no relevant data for this city, and the five-year adjustment at no relevant data for this city. By contrasting these values, analyse recent changes in population to attain a thorough understanding of demographic trends and perhaps also look at house for sale data nearby
What is the asking price for houses for sale in the wider region of Caldecott?
The average asking price of a house in Caldecott is currently £0 based on the average price per square foot.
Is investing in a house for sale in Caldecott a financially demanding choice?
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 Caldecott this number is £231,812 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