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A guide on houses for sale in Kinnersley

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in West Midlands $ A guide on houses for sale in Kinnersley

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

What are the demographics like in the city of Kinnersley?

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

Most of the time, the social grade score of a city is what it takes to determine what the economic levels are like as this score refers to what type of jobs the people of the area generally work as. So, from highly skilled, managerial roles, to the manual labour workers of the UK, how does Kinnersley compare?

At the highest end of the scale (A) jobs that are managerial administrative or professional are all lumped into this category. On the other hand, there is the lowest grade (E) where workers who are on benefits, state pensions or work casual jobs fall into.

In Kinnersley, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 28%.

So you can compare this data, here is the estimated grouping of the social grades of the UK for the general population. Adding the two highest categories of A and B and comparing this percentage to the high social grade score which combines A and B should give you a good comparison.

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

In the city of Kinnersley, how much green space remains for residents?

Providing the right amount of green space for people in the UK is a difficult subject because there are clear benefits for human health but at the same time, it is hard to make sure all areas of the UK can get enough greenery. This is a result of land being already in use in cities where most people live.

In Kinnersley, 12 is the amount of acres of outdoor space there is for every 1000 people. Charities such as ‘Fields in Trust’ recommend there to be at least 6 acres. This should allow you to conclude whether this green space is sufficient for you if you are interested in buying in Kinnersley.

Kinnersley in the county of Herefordshire 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 Kinnersley 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 Kinnersley, 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.

In Kinnersley, what is the crime rate?

For every one thousand people living in Kinnersley, 8400% commits crimes and are prosecuted. Coming to a conclusion as to whether all the other factors of your house purchase like the house price justify this figure when contrasting it with the UK average of 79.52 is something you should do as a homeowner.

It could be that the crime rate is higher than you expected but there it is worth the population growth, appreciation of the house and worth the relative price you are purchasing the house for.

Nonetheless, the crime rate of 8400% is not a statistic that should just be ignored as you could have to pay more for things like home insurance and install additional security on your house if the rate is particularly high.

Either way, burglaries are not something you would want to encounter in a house. Whether that be a house you are living in or a house you are renting out to tenants.

How educated are the people in Kinnersley?

In the city of Kinnersley, 34% of people have degrees. In general, as the number of people who are highly educated goes up, the more likely they are to have the ability to buy houses as their annual household income goes up too.

So you can see for yourself, the average income for the people of Kinnersley is £44,300.00. This generally goes up with the education level of the area. Additionally, looking at the difference between the proportion of people with degrees and the UK average for this statistic (22.6%) should give you an idea of the affluence and education of the city.

A higher education level can therefore tell you if the house prices are likely to be high as the higher income level often results in people buying a bigger, more valuable house.

Having said this, whale education level can be a good factor to go by, there are also things like the rental yields, the population growth and social grades scores that can impact the value of a house and whether it will go up in value as time goes on.

Is the city of Kinnersley 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 Kinnersley is £0.

What salary does the community in Kinnersley take home?

As earning potential goes up in a city, so does the quality of schools in the area, the general infrastructure and the social grade score (28%). All in all, the area becomes a more desirable place to live in.

This is why it is vital to pay attention to how much people are making annually in any city you plan on making a house purchase in. In Kinnersley, this works out to be £44,300.00. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.

What does the population of Kinnersley look like?

The city of Kinnersley has a total population of 8093. 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 Kinnersley 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 Kinnersley

Over time, in the last five years, the population of the city of Kinnersley has changed by 5%. 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 5% 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 Kinnersley?

In the last 10 years, there has been a shift in the population of 8%.

Comparing this to the 5 year figure of Kinnersley 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.

Finding the ideal house for sale for you

What parameters impact the final price of a house for sale in Kinnersley?
Here below is our list with the most important ones:

  • House for sale affordability – check out the (see house affordability guide)

    on the UK gov website to know more

  • House Location – the actual location of a house for sale drastically changes the final price of a property

  • Transports you can reach by foot – Commuting is part of our lives, especially in big cities, check it out before buying a house for sale.

  • Number of bedrooms – Usually, the bigger the house for sale the more bedrooms it will have. For example, if you are a single person (or a couple) one bedroom will do.

  • Energy Performance Certificate of the house for sale – Bad EPCs can result in thousands of pounds more in bills you will have to pay on an annual basis. Consider this when purchasing a new property.

  • Internet connection – Having a quick internet connection is fundamental nowadays. Check the area of the house for sale to understand what the average internet speed is and see if it fits your needs

  • Do you drive to the office? – If yes, ask about parking. Is it included in the house price?

  • Special areas – Start by taking a look at the National Heritage list by the UK government. If a house listed for sale appears in the list, the future landlord won’t be able to invest in changes to the real estate asset.

  • Houses for sale Conditions – When looking for houses for sale you should always consider the amount of time and money you will have to invest to complete the needed repairs, if any at all.

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

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

In Kinnersley, how has the number of houses changed?

Whenever you are thinking about looking for houses for sale in Kinnersley, think about how the city is growing and how this may impact the overall growth of the area.

Comparing the growth at different time periods would be a great way to assess whether the growth has slowed down, remained the same or perhaps stagnated over the years.

1 year 3 years 5 years
Kinnersley growth rate -7% 5% 14%

As the population of Kinnersley grows, this may also push up the price of the houses for sale. More people would be looking to buy homes and permanently live in the area. This demand helps a home appreciate. However, this isn’t always true because some cities build a lot of houses too to match the supply.

What is the asking price on average of houses for sale in Kinnersley?

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 Kinnersley is £439,329.

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

Table showing the asking prices for houses for sale in Kinnersley

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) £342,939
Average asking price (4 bed) £584,919
Average asking price (5 bed) no relevant data for this city

After looking at this table about prices of houses for sale in Kinnersley, 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.

houses for sale in other cities and regions in the UK

If you are looking for a list of cities that are different to the City of Kinnersley and in different UK region to West Midlands. You might want to consider these as alternatives for your next real estate investment:

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.

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

There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Kinnersley. In Kinnersley, this sale price works out to be £334,892. As an example, a factor like population growth over the last 10 years which works out to be 8% in Kinnersley and impacts house prices of the houses for sale.

Housing category Total final sale price
Average sold price (detached) £393,861
Average sold price (semi-detached) £266,853
Average sold price (terraced) £211,545
Average sold price (flat) £172,111

Above, the exact type of house is also shown to vary in price in a table in Kinnersley. 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 £2,830
Average sold price/sqft (new build) £2,900
Average sold price/sqft (old stock) £2,680

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 Kinnersley which is £2,830. 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.

Invest in houses for sale in Kinnersley with the right professional advice

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

Frequently Asked Questions

Are there opportunities for property renovation in Kinnersley?

If planning permissions are abundant in the vicinity of Kinnersley, it may look promising for landlords looking to renovate. With 6 getting approved on a monthly basis, and a success rate of nan, these prospects flourish against a population of 8093. A comparative analysis against other locations across the UK will lend you a good perspective of this data.

In Kinnersley, how many property sales per month are there?

In Kinnersley, the monthly property transaction count reaches 5, a small percentage of the total house sales in the United Kingdom which equates to approximately 1.1 million.

In a city like Kinnersley, what’s the yearly fluctuation in population?

To assess the shifts in Kinnersley’s population over time, analyse how the population has altered. Look at the ten year change of population of 8%, alongside the five-year change of 5%.

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

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

Would acquiring a house for sale in Kinnersley be regarded as a high-priced option?

To assess the affordability of a property, locate a house for sale and contrast it with the mean selling prices. In Kinnersley, the value is £334,892, whereas the UK’s mean is £286,500

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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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