A guide on houses for sale in Collingtree

As a landlord, whenever you are looking at houses for sale in Northamptonshire, you could find varying prices throughout an area like Collingtree. 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 Collingtree 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 Collingtree will be revealed. Keep reading.

Why you should consider the average rental yield when searching for houses for sale in Collingtree

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Collingtree, 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).

Is the housing market in Collingtree growing?

Growth in the area can be a good signal of a booming house market. However, too much growth could also have negative consequences on the capital appreciation of a house as time goes on.

Take a look at the table below for Collingtree that shows the growth in recent years.

High growth rates can signal an appreciating housing market, nonetheless, if there are too many houses being built, this could reduce demand for housing as the supply of houses for sale starts to catch up with the demand. Leading to stagnation or a decline in house pricing so understanding the growth in Collingtree is important.

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

In Collingtree, the average sale price of a house for sale is in fact £272,935. This is dependent on the 10 year population growth of Collingtree being no relevant data for this city. Growing populations are more likely to inflate the prices of houses for sale in the city of Collingtree.

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 Collingtree.

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 £3,020. This means if you are just looking out the houses sold in Collingtree in general and didn’t take into consideration the type of build. For example, a new build.

House for sale in a different UK region

If you are looking for similar places to buy a house that are just like Collingtree, examine this short list of cities below from outside of the region of West Midlands for some inspiration.

• aynho in West Midlands
• ford in West Midlands
• grangemouth in West Midlands
• redbridge in West Midlands
• sunbury in West Midlands

If none of these suit your interest, we suggest you visit our page with all of the relevant data concerning houses for sale in the UK, allowing you to buy the right property.

Or, consider buying a leasehold property instead which may be cheaper. However, you will also have to learn what will happen when a leasehold expires so you know how to deal with this side of the law.

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

When investors make offers for houses for sale in Collingtree, the average price asked by the homeowners works out to be £341,333.

In the table below, for all the different sizes of houses in the area, the average asking prices have been displayed. This tells you what kind of house is more or less expensive and sought after despite houses with fewer bedrooms being overall less expensive anyway.

Any house that looks like it is overpriced for the number of bedrooms it has in Collingtree is typically not overpriced. It is just the case that that type of housing has a higher demand, therefore, people are willing to pay more.

In the city of Collingtree, what is the average asking price for the houses for sale?

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 £3,240. 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 Collingtree has a lack of supply of housing in certain categories.

What are the people like in Collingtree?

How much green space is available to residents of Collingtree?

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 Collingtree currently has 19 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 Collingtree in this case.

Collingtree in the county of Northamptonshire 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 Collingtree 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 Collingtree, 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.

How much are those living in Collingtree 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 £50,000.00.

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 Collingtree this figure is 25%.

How deprived is the population of Collingtree?

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 Collingtree is £0 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.

In Collingtree, how educated are people in general?

Interestingly, the percentage of people who have a degree in the city of Collingtree is 28%. 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 Collingtree is £50,000.00.

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.

Have the people of Collingtree grown in numbers?

The city of Collingtree has a total population of 46727. 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 Collingtree 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 Collingtree

Over time, in the last five years, the population of the city of Collingtree has changed by no relevant data for this city. 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 no relevant data for this city 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 Collingtree?

In the last 10 years, there has been a shift in the population of no relevant data for this city.

Comparing this to the 5 year figure of Collingtree 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.

What is a social grade score and how does this relate to Collingtree?

In the city of Collingtree, the social grade score of the area is 25%. 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 Collingtree.

In general, do people commit a lot of crime in Collingtree?

For the city of Collingtree, crime rate is at 10000%. So for every 1000 people in the area, 10000% 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.

Get professional help on the houses for sale in Collingtree

In today’s market with an abundance of homes available for sale, choosing the best house for sale can be challenging.
With several houses for sale to choose from, who will guide you through the process of choosing?
We have listed here below several experts and companies able to advise and support potential buyers.

The process of finding and investing in a house for sale can be lengthy and time-consuming, this is why we suggest you consult with the following professionals:

• Banks – Lend you the cash
• Insurance companies – Insure your new real estate investment
• Conveyancer – handles all the legal labour that is needed to proceed in buying a house for sale.
• Surveyor – Carries out an independent and complete property valuation of the house for sale
• Mortgage advisor – If you are thinking to get a mortgage to get the finances needed to afford to buy a house for sale, a mortgage advisor is the person you should be looking for
• EPC person – Always get a quote on the Energy Performance Certificate of the houses for sale listed in a certain city

Finding the ideal house for sale for you

When browsing houses for sale in Collingtree 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.

FAQ

If you are a landlord, should you renovate a property in the city of Collingtree?

Amidst the urban landscape of Collingtree, an intriguing figure for determining if a property can be renovated is the success of planning permission. The monthly total of planning applications in the area is 12 and on the other hand, there is a planning success rate of nan. It is also useful to take into consideration the population size of the area (46727).

What is the monthly count of property transactions in Collingtree?

In the city of Collingtree, there are 22 and in the total for the UK, there are around 1.1 million property sales.

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

For a comprehensive analysis of Collingtree’s population trends, observe the population fluctuation over a decade, indicated by no relevant data for this city, and the five-year alteration represented by no relevant data for this city. Perhaps also look at data from another nearby city too so you can see a comparison.

How much are houses for sale priced at in the extended region of Collingtree?

The average cost per square foot for a house in Collingtree is presently £3,240.

Does opting for a house for sale in Collingtree come with a hefty price tag?

Ascertain the costliness of a property by examining a listed house for sale in relation to the prevailing average selling prices. In Collingtree, this stands at £272,935, whereas the UK’s mean is £286,500.