As a landlord, whenever you are looking at houses for sale in Buckinghamshire, you could find varying prices throughout an area like Ballinger Common. 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 Ballinger Common 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 Ballinger Common will be revealed. Keep reading.
Why you should consider the average rental yield when searching for houses for sale in Ballinger Common
Are there new houses being built in Ballinger Common to make it grow?
The growth of an area like Ballinger Common can be a great indicator of a thriving city and the influx of new people can drive demand for housing and help appreciate the value of your house after you buy it.
Paying attention to the table below tells you how the number of houses has changed over time at one year, three year and five year intervals.
|1 year||3 years||5 years|
|Ballinger Common growth rate||16%||28%||22%|
Despite the number of houses being built rising, this may not indicate that the housing price of the houses for sale is going up. It could be the case that there are a lot of new builds in the area which are causing the supply of the houses for sale to match demand and this could cause a decline in house price as time goes on.
Make sure you do your own research specific to the city of Ballinger Common if you want to find out the exact reasons for the housing change.
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 Ballinger Common. 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 Ballinger Common.
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 (Buckinghamshire), a regional level (East of England) and finally on the level of the city talked about in this article, Ballinger Common.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Ballinger Common||£0||£2,141||no relevant data for this city||£0|
|East of England||0.03||1,148.32||£1||16.58%|
You may also find it useful to compare the data above to the number of properties sold per month Ballinger Common experiences. This figure for house sales per month is 7. 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.
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 Ballinger Common and in different UK region to East of England. You might want to consider these as alternatives for your next real estate investment:
- denny in East of England
- aberfeldy in East of England
- burrelton in East of England
- angle in East of England
- larbert in East of England
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.
Are there any important statistics about the population of Ballinger Common?
What is a social grade score and how does this relate to Ballinger Common?
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 Ballinger Common, the percentage of people in the two highest categories, A and B is 44%. 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 £62,200.00. This income will generally get bigger as the percentage of people in the A and B categories go up too (44%).
In Ballinger Common, what are the deprivation levels like?
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 Ballinger Common is £0.
How educated are the people in Ballinger Common?
Interestingly, the percentage of people who have a degree in the city of Ballinger Common is 41%. 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 Ballinger Common is £62,200.00.
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.
Is the crime rate bad in the city of Ballinger Common?
In Ballinger Common, for every 1000 people, there is currently a crime rate of 3700%. This can be compared to the national average of 79.52 for every 1000 people.
Low crime rates are desirable for your safety as a homeowner. Even if you don’t tend to leave the house too often and tend to not mind living in a slightly more dangerous area. Things like burglaries are always a possibility which could harm your ability to pay for home insurance and also may force you to install additional security in your home that can cost you further.
Having said this, you can look at the crime rate on a deeper level to find out what the threats are exactly. It could be the case that a proportion of these crimes (3700% for every 1000 people) come from things like anti-social behaviour rather than more serious crimes like violence and sexual offences.
If this is the case you may be more willing to look over a high crime rate within the areas you’re looking to buy a home.
The city of Ballinger Common, situated in Buckinghamshire, is a particularly impressive part of the UK because of the specific demographics of the location.
In the below headings, the city of Ballinger Common and its demographics will be compared to its wider location (East of England). This includes population size, growth and population education now and into the future.
These statistics are heavily influenced by socio-economic factors and as a result this also shapes the projected house price of the houses for sale in Ballinger Common. So, taking a good look at the data is essential to understand the area you are considering to buy in.
What is the population of Ballinger Common?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Ballinger Common if 11956 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 Ballinger Common such as rental yield or house appreciation.
How has the population size of Ballinger Common adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Ballinger Common by 4%. 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 4% 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 Ballinger Common?
In the last decade, the population of Ballinger Common has been adjusted by 9%. 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.
How much do people in Ballinger Common earn?
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.
£62,200.00 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 44% for Ballinger Common.
Is there sufficient green space in Ballinger Common?
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 Ballinger Common, 16 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 Ballinger Common.
Get professional help on the houses for sale in Ballinger Common
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
What are the asking prices for the houses for sale in the city of Ballinger Common?
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 Ballinger Common is £780,793.
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 Ballinger Common is useful when negotiating and knowing what to expect for every type of house for sale.
Average prices for the houses for sale in Ballinger Common
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£469,163|
|Average asking price (3 bed)||£669,416|
|Average asking price (4 bed)||£941,598|
|Average asking price (5 bed)||no relevant data for this city|
After looking at this table about prices of houses for sale in Ballinger Common, 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.
Choose the right house for sale that suits your needs
Find here below a list of criteria that we suggest you consider before looking for houses for sale in Ballinger Common
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.
In general, for the city of Ballinger Common, what are the final purchase prices for the houses for sale?
In Ballinger Common, houses for sale are sold at an average of £588,262. In general, multiple factors impact this figure because lots of variables impact properties valuation. This can include the quality of the buildings in general, whether the population has grown, if there is demand for housing or if there is a low crime rate which would make the area more desirable.
In the table below, you can see for yourself how the average price of a house for sale looks based on the different sizes of housing in Ballinger Common. The exact amount of variation between the types of housing depends on the local demand for particular types of houses in the area.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£795,920|
|Aerage sold price (semi-detached)||£518,676|
|Aerage sold price (terraced)||£393,106|
|Aerage sold price (flat)||£275,575|
As you can see above, for Ballinger Common, price varies based on the type of house that is being sold. If these prices shock you it could be due to population change in the last 10 years of 9% where lots of movement may inflate or deflate house prices.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£4,540|
|Aerage sold price/sqft (new build)||£4,820|
|Aerage sold price/sqft (old stock)||£4,530|
Looking at the second table about Ballinger Common, you are able to tell which type of housing is most affordable to you as a buyer. However, for a general overview of what house price is, the average price per square foot for a house in Ballinger Common is £4,540.
FAQ (Frequently Asked Questions)
Is it possible to renovate a property in Ballinger Common?
Ballinger Common is likely to be a great place for revamping property if there is a lot of greenlit planning permission. The are 10 each month, attaining a success rate of nan and a total population of 11956. You can find out if this is above or below similar areas in the UK by comparing it to a nearby place
What is the monthly count of property transactions in Ballinger Common?
7 property transactions are reported in Ballinger Common each month, alongside a broader picture of approximately 1.1 million property sales across the UK.
What’s the annual population shift in a city such as Ballinger Common?
Calculating the evolution of Ballinger Common’s population requires an examination of the population transformation over a decade, amounting to 9%, and the five-year adjustment at 4%. 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
How much are houses for sale priced at in the extended region of Ballinger Common?
In Ballinger Common, the mean asking price per square foot for a house is currently £0, based on the average value per square foot
Does opting for a house for sale in Ballinger Common come with a hefty price tag?
Determine whether a property is expensive by comparing a list of houses for sale to the prevailing average selling prices. In Ballinger Common, this figure stands at £588,262, while the UK average is £286,500.