Whenever looking for a house for sale in the UK or in Badgeworth, it is vital you look at the market trends and house price fluctuations in the wider area of Gloucestershire 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 Badgeworth.
In this article, we will be looking at the city of Badgeworth in detail so you know how to navigate the area and have a better understanding on where to invest.
What are the asking prices for the houses for sale in the city of Badgeworth?
When speaking about the city of Badgeworth, £320,253 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 Badgeworth.
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.
Average asking prices for houses for sale in Badgeworth
|Average asking price (1 bed)||£145,853|
|Average asking price (2 bed)||£240,166|
|Average asking price (3 bed)||£336,682|
|Average asking price (4 bed)||£560,382|
|Average asking price (5 bed)||no relevant data for this city|
Reading the table above should therefore give you a good idea of the type of house for sale that is within your budget in Badgeworth and if you may need to look at a different area in order to buy the type of house you can afford.
Also, noting the £3,140 should also give you an overview of what the asking price for houses for sale are in general.
How are rental yields of the houses for sale different to the rest of the UK in Badgeworth?
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.
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 in to all the details of Badgeworth.
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 (Gloucestershire) as well as the broader region; South West.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
Also, you can compare other data to the table above such as the number of houses sold per month in Badgeworth which is 40 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 Badgeworth is to invest in. Both in terms of rental yield and capital appreciation.
In Badgeworth, how has the number of houses changed?
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 Badgeworth at 1 year, 3 year and 5 year intervals:
|1 year||3 years||5 years|
|Badgeworth growth rate||-2%||9%||18%|
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 Badgeworth 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 Badgeworth.
What is the final sale price of a house in Badgeworth?
In Badgeworth, the average sale price of a house for sale is in fact £255,279. This is dependent on the 10 year population growth of Badgeworth being 3%. Growing populations are more likely to inflate the prices of houses for sale in the city of Badgeworth.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£396,495|
|Aerage sold price (semi-detached)||£264,613|
|Aerage sold price (terraced)||£209,124|
|Aerage sold price (flat)||£144,108|
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 Badgeworth.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£2,980|
|Aerage sold price/sqft (new build)||£3,080|
|Aerage sold price/sqft (old stock)||£2,870|
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 £3,060. This means if you are just looking out the houses sold in Badgeworth in general and didn’t take into consideration the type of build. For example, a new build.
Are there any important statistics about the population of Badgeworth?
Are the deprivation levels of the UK any different to Badgeworth?
The deprivation levels of the UK can vary quite a bit. High deprivation levels signal a particular area has people who are struggling to make ends meet and pay for basic living expenses. For Badgeworth, in particular, the deprivation levels are 21%.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
How educated are the people in Badgeworth?
In the city of Badgeworth, 31% people have a degree from a university. The higher this proportion is, in general, the more likely it is that the population is able to buy a house.
Interestingly, as people who have degrees go up, the average income of the area goes up too. You can see if there is a correlation, the average household income in the UK is price34,000 and the average income in Badgeworth is £42,200.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
What is the social grade score of Badgeworth?
The social grade score is a good indicator of what type of jobs people generally work in the area. Whether that be working in the primary sector, secondary sector, tertiary sector or maybe the quaternary sector of jobs.
The scale is slightly different to this though on a scale of A to E. A refers to people who are in the most skilled, managerial roles whereas E include people such as casual workers.
In Badgeworth, the percentage of people in the two highest categories, A and B is 21%. This figure includes people who are therefore most likely to be more skilled and have higher paid jobs.
When contrasting these figures, the average household income for the area is £42,200. This income will generally get bigger as the percentage of people in the A and B categories go up too (21%).
In the city of Badgeworth, is there a lot of green space?
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 Badgeworth, the city has 6.4 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 Badgeworth.
In Badgeworth, how has the population changed?
Population growth in Badgeworth 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 Badgeworth, 51,443 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 Badgeworth 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 Badgeworth, this change has been 1%. 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 1%. Click here to know more on the UK population trends.
Over the last decade, how has the population differed in Badgeworth?
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 3% in Badgeworth.
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.
Are the people in Badgeworth earning a lot?
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.
£42,200 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 21% for Badgeworth.
Located in Gloucestershire is the city of Badgeworth, in a large part of the UK; South West. 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 Badgeworth 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 Badgeworth 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.
What’s the crime rate in Badgeworth?
For the city of Badgeworth, crime rate is at 109. So for every 1000 people in the area, 109 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 Badgeworth
Other cities you can consider looking for with houses for sale
Examine this short list of cities belonging to South West, the same region where Badgeworth is located.
- Bojewyan in South West
- Mudford in South West
- Ash in South West
- Blunts in South West
- Par in South West
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.
Finding the ideal house for sale for you
What parameters impact the final price of a house for sale in Badgeworth?
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.
Choosing the perfect house for sale for you might be challenging in today’s market due to the abundance of available houses.
You may wonder who can guide you through the process of selecting a house that is for sale.
There are several experts that provide guidance and support to potential buyers and the procedure can be drawn out, particularly when dealing with houses for sale.
Here is a list of who to contact to get assistance when purchasing a house for sale:
- Banks – The ones that can lend you the money you need for the house for sale
- Insurance companies – Companies that give you access to various insurances specific to the house for sale you are considering to buy
- Solicitor – The individual or business responsible for handling the legal tasks required to purchase a home that is for sale.
- Civil engineer – Provides you with an appraisal of the house up for sale that you want to purchase.
- Mortgage advisor – Professional advisors that will guide you and propose the best mortgage deals according to your finances
- EPC specialist – Getting professional advice on the energy performance of the house for sale is crucial, especially nowadays.