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Hazelslade – What to look for in houses for sale?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in West Midlands $ Hazelslade – What to look for in houses for sale?

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Sometimes, working out the prices of the houses for sale can be tricky business. This is why we created this article all about the price of houses for sale in Hazelslade, Staffordshire.

From the average asking price of houses for sale in Hazelslade, to the growth of the population in the area, all will be talked about regarding the city of Hazelslade. So you will get better clued up on the area, and make finding a house for sale in the UK easier.

Get professional help on the houses for sale in Hazelslade

Nowadays, there are so many properties on the real estate market that it can be difficult to decide which one is the best house for sale for you.
So, who can help you navigate the process of choosing a house for sale?
The number of professionals that offer real estate investors advice and assistance is broad and when it comes to dealing with houses for sale, the process can be complex.

Find here a list of those that can help when buying a house for sale:

  • Moneylender – lends you the sum of money you need to buy the house for sale you are looking for
  • Insurance agent – A firm that provides several insurances and protections for the house for sale that might become your future house
  • Solicitor – A person or company that will sort out the legal work needed before buying a house for sale
  • Civil engineer – Also called surveyor, he or she will provide you with an independent valuation of the house for sale you are willing to buy
  • Mortgage advisor – Realistically, you will need a mortgage in order to afford to buy a house for sale. Mortgage advisors will guide you and propose the best mortgage deals based on your financial records
  • EPC specialist – Especially nowadays, getting professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering buying is crucial

Thinking of a different city and perhaps a different location?

We have prepared a list of cities that are entirely dissimilar to the region of West Midlands, perfect if you are looking for somewhere similar to Hazelslade but want to relocate to a different region entirely. You should then be able to evaluate the different houses for sale listed in the region:

Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.

What kind of demographics does the city of Hazelslade have?

What’s crime like in Hazelslade?

Within Hazelslade, the number of people committing crimes is 6400% 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 6400% figure carefully.

Is the city of Hazelslade deprived?

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 Hazelslade is £0.

In Hazelslade, what is the 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 Hazelslade in grades A or B which are the highest skilled roles in the country is 15%.

Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £39,700.00 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 15%.

In Hazelslade, how educated are people in general?

Interestingly, the percentage of people who have a degree in the city of Hazelslade is 17%. 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 Hazelslade is £39,700.00.

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.

What does the population of Hazelslade look like?

Population growth in Hazelslade is important to know if there is housing demand and the total population may also be looked at as large populations commonly have a lot of buyer demand.

In Hazelslade, 35108 people live in the city as their main place of residence.

It is important to note that it is not the case that everyone likes a large population to live in. People who tend to prefer a more relaxed life are more likely to buy or rent somewhere to live that has a small population and perhaps also wouldn’t mind if the population isn’t growing.

Other people also like to have a mix of both. Where they can visit rural areas and also benefit from the amenities of a busy city.

In Hazelslade in the previous five years, have population numbers transformed?

Five years may seem like a long time but it is rare for a city to grow that much unless there is dramatic population growth. In Hazelslade, this change has been 3%. Read more here

Someone who wishes to find out how this change has occurred over a longer period of time may also wish to read the headings below and see if the change has continued throughout the past decade too. Or if the change is only true for the more recent figure for five years of 3%. Click here to know more on the UK population trends.

Over the last decade, how has the population differed in Hazelslade?

Populations change all the time but if there is a clear change in population in the last ten years this is even more reliable data about the population of the area as opposed to five. This adjustment in population works out to be 5% in Hazelslade.

What this statistic is like in comparison to the population change in five years should provide you with a comprehensive understanding of what direction the population is heading in.

In recent years because of the pandemic, it is common to see dramatic differences in the population change in the last five years when comparing it to ten as people realise they can work from home but still keep the current jobs they have.

This means they can move to cities they wouldn’t have considered otherwise and be location-independent of their source of income. Perhaps making a longer commute into the office every week for example.

Hazelslade 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 Hazelslade 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 Hazelslade, 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.

What salary does the community in Hazelslade 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 £39,700.00.

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 Hazelslade this figure is 15%.

In the city of Hazelslade, 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 Hazelslade, the city has 50 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 Hazelslade.

What’s the rental yield in general for the city of Hazelslade?

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 Hazelslade.

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)
Hazelslade £0 £672 no relevant data for this city £0
Staffordshire 3.76% £767.24 113.22% 20.39%
West Midlands 0.04 876.64 £1 20.00%

Also, you can compare other data to the table above such as the number of houses sold per month in Hazelslade which is 23 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 Hazelslade is to invest in. Both in terms of rental yield and capital appreciation.

Are there more or fewer houses being built in Hazelslade?

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 Hazelslade at 1 year, 3 year and 5 year intervals:

1 year 3 years 5 years
Hazelslade growth rate 1% 12% 24%

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 Hazelslade 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 Hazelslade.

In general, what do houses for sale sell for in Hazelslade?

There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Hazelslade. In Hazelslade, this sale price works out to be £198,114. As an example, a factor like population growth over the last 10 years which works out to be 5% in Hazelslade and impacts house prices of the houses for sale.

Housing category Total final sale price
Average sold price (detached) £257,060
Average sold price (semi-detached) £166,883
Average sold price (terraced) £150,584
Average sold price (flat) £85,936

Above, the exact type of house is also shown to vary in price in a table in Hazelslade. You may think that the bigger the house is the more expensive, but actually, this table is more based on the demand for the properties in each category.

Housing category Sale price per square foot
Average sold price/sqft £2,260
Average sold price/sqft (new build) £2,410
Average sold price/sqft (old stock) £2,040

In addition, here is the price per square foot. By taking this data and doing an average, it is also possible to work out the average square foot of houses in Hazelslade which is £2,260. From here you can get a sense of the price of the overall housing market and therefore, also find out the prices of the houses for sale.

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 Hazelslade

  • 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.

Asking price in Hazelslade for a house for sale

Table showing the asking prices for houses for sale in Hazelslade

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £190,193
Average asking price (3 bed) £250,687
Average asking price (4 bed) £366,931
Average asking price (5 bed) no relevant data for this city

After looking at this table about prices of houses for sale in Hazelslade, someone who is buying a home would have a detailed understanding of what kind of house for sale is available on the market that best suits the amount of money they are looking to invest. Also, using a more general figure like the average asking price per square foot of a property which is £0 will help them to have a more holistic understanding.

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 Hazelslade is £260,662.

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 Hazelslade is useful when negotiating and knowing what to expect for every type of house for sale.

Frequently Asked Questions (FAQ)

Is it possible to renovate a property in Hazelslade?

If planning permissions are abundant in the vicinity of Hazelslade, it may look promising for landlords looking to renovate. With 8 getting approved on a monthly basis, and a success rate of nan, these prospects flourish against a population of 35108. A comparative analysis against other locations across the UK will lend you a good perspective of this data.

How many property sales occur per month in Hazelslade?

In the city of Hazelslade, there are 23 and in the total for the UK, there are around 1.1 million property sales.

What is the population change each year in a city like Hazelslade?

Calculating the evolution of Hazelslade’s population requires an examination of the population transformation over a decade, amounting to 5%, and the five-year adjustment at 3%. 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

In the larger vicinity of Hazelslade, what is the cost of houses available for sale?

Currently, the mean asking price of a house in Hazelslade is £0, calculated using the average value per square foot

Is investing in a house for sale in Hazelslade a financially demanding choice?

Calculate if a property is on the pricier side by matching a listed house for sale against the mean selling prices. In Hazelslade, this value is £198,114, compared to the UK’s average of £286,500.

Who are the best estate agents in the city of Hazelslade?

Looking to pruchase a home to live in or for an investment? Discover agents in the city of Hazelslade below who are ready to help you navigate the home buying journey. From viewing listings to making offers, rely on an knowledgeable professional tailored to your neighborhood and preferences to eliminate the headache of searching:

Estate agent name Phone number Address of agent Email Address
Cross and Co 441922312756 Suite 16 Park Plaza, Heath Hayes, Cannock, WS12 2DB Phone number only
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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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