As a landlord, whenever you are looking at houses for sale in Buckinghamshire, you could find varying prices throughout an area like Beaconsfield. 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 Beaconsfield 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 Beaconsfield will be revealed. Keep reading.
In Beaconsfield, what are the rental yields?
What is the growth in the housing market of Beaconsfield?
The growth of an area like Beaconsfield 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|
|Beaconsfield growth rate||21%||24%||27%|
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 Beaconsfield 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 Beaconsfield. 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 Beaconsfield.
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, Beaconsfield.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|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 Beaconsfield experiences. This figure for house sales per month is 9. 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.
What are the people like in Beaconsfield?
Have the people of Beaconsfield grown in numbers?
Population growth in Beaconsfield 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 Beaconsfield, 17213 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 Beaconsfield 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 Beaconsfield, this change has been 4%. 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 4%. Click here to know more on the UK population trends.
Over the last decade, how has the population differed in Beaconsfield?
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 9% in Beaconsfield.
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.
In the city of Beaconsfield, how much green space remains for residents?
Whether you view green space in Beaconsfield as important to you as a homeowner is up to your personal preferences. Having said this, there is a clear benefit on the overall health of people who live near green space as the government has stated keeping green space in proximity to people is one of the biggest factors for combating obesity.
In Beaconsfield, the number of acres of green space for every 1000 people currently is 23 which can be measured against the UK average of 1.7.
Is the education level of Beaconsfield important when buying a house?
The number of people as a percentage who have been through university and gained a degree is 49%. The ability to buy a home is greatly influenced by the number of people who have degrees. £66,900.00 is the amount people in Beaconsfield are earning.
As you can tell, this figure along with the number of people who have degrees roughly correlate. For reference, the percentage of people who have degrees in the UK is 22.6% and the average household income is.
As a general rule, the bigger the difference between this 22.6% figure and the percentage of people with a degree in Beaconsfield, the bigger the difference in the ability to earn and hence buy a house. A higher number of degrees will increase the potential for people to earn and hence the buying power of the population. This will also push up the price of houses in the area.
Nonetheless, making accurate estimates for the appreciation of homes must be done with other pieces of data in mind such as the rental yields or perhaps the crime rate of the area to name some examples.
In Beaconsfield, what is the crime rate?
In Beaconsfield, for every 1000 people, there is currently a crime rate of 7700%. 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 (7700% 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.
In Beaconsfield, 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 Beaconsfield is £0.
How much do people in Beaconsfield 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.
£66,900.00 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 50% for Beaconsfield.
What is the social grade score of Beaconsfield?
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 Beaconsfield in grades A or B which are the highest skilled roles in the country is 50%.
Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £66,900.00 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 50%.
The city of Beaconsfield, 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 Beaconsfield 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 Beaconsfield. So, taking a good look at the data is essential to understand the area you are considering to buy in.
On average, what is the figure for the asking price of a house for sale in Beaconsfield?
On average, in Beaconsfield, the asking price for a house for sale in the area is £1,060,931.
The below table puts this figure into perspective as you can see the various average sale prices of the different type of houses for sale in Beaconsfield. From a 1 bedroom house up to a 5 bedroom house.
As you can imagine, as the price goes up, the size of a room also goes up and in general, the larger a house is, the more you can expect the sale price to be as well.
Table showing the asking prices for houses for sale in Beaconsfield
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£549,614|
|Average asking price (3 bed)||£806,250|
|Average asking price (4 bed)||£1,216,957|
|Average asking price (5 bed)||£2,084,128|
The tables should give you a generic view of what the prices of the houses for sale are like. To close things off, the average asking price for the house for sale in the whole of Beaconsfield is £0. This should show you the general prices overall and for individual types of houses too.
Get professional help on the houses for sale in Beaconsfield
Who should you talk to while going through the process of making an offer on a house for sale?
Several experts specialise in giving advice to property investors or to first time potential buyers.
Since the process of finding the right house for sale can take months, you have all the time to consult with the experts you might need.
Find here a list of those you should contact to get professional guidance and assistance when purchasing a house for sale:
- Lender – This practitioner can lend you money to finalise a house purchase
- Insurer – Insuring companies will provide you with the insurance policy you need to protect the house for sale you want to buy
- Legal representative – This professional is usually there to handle all the legal tasks associated with purchasing a home for sale.
- Surveyor – Carries out and independent valuation on the house for sale based on its conditions. It is very useful to understand the correct price before making an offer
- Mortgage specialist – Mortgage advisors works on commissions. They will get a cut from the bank and will guide you with offering the best deals given your financial situation
- Energy assessor – We strongly suggest you to invest in a professional assessment of the Energy Performance of the house for sale you want to purchase
In general, what do houses for sale sell for in Beaconsfield?
There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Beaconsfield. In Beaconsfield, this sale price works out to be £951,764. As an example, a factor like population growth over the last 10 years which works out to be 9% in Beaconsfield and impacts house prices of the houses for sale.
|Housing category||Total final sale price|
|Average sold price (detached)||£1,274,539|
|Average sold price (semi-detached)||£632,145|
|Average sold price (terraced)||£537,557|
|Average sold price (flat)||£507,506|
Above, the exact type of house is also shown to vary in price in a table in Beaconsfield. 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||£5,770|
|Average sold price/sqft (new build)||£5,880|
|Average sold price/sqft (old stock)||£5,670|
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 Beaconsfield which is £5,770. 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 a house for sale that meets your demands
Criterias that have an impact on the actual price of a house for sale have been listed here below. Consider them all to find the perfect houses for sale in Beaconsfield.
Affordability – check this article from the UK government to find out (see what house for sale you can afford)
Location – if the house for sale is in the city centre rather than further out, this may be why it is more expensive than the market average.
Transports near the house for sale – Being able to use public transports is a huge plus for a house, especially in big cities. This will have an impact on the price as well.
Bedrooms – the more bedrooms there are in a house for sale, the more tenants a buy to let investors will be able to host, therefore, realistically the price will also increase.
EPC of the house for sale – today more than ever, the energy performance of properties for sale on the market should be one of the first things you check.
Wi-Fi speed – We recommend you check the internet plans available for the areas where you are considering to buy a house for sale
Are you a motorist? – If yes, filter out your searches and compare prices of houses for sale with parking availability. Remember, a car parking space can cost as much as £400 per month
Conditions of the house for sale – New builds and properties that were recently built usually need little to no repairs; instead, other houses for sale may require consistent or structural maintenance. These investments that can be both expensive and laborious to complete. Before making your offer for a house for sale you should always carefully assess this criteria.
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 Beaconsfield and in different UK region to East of England. You might want to consider these as alternatives for your next real estate investment:
- black-dog in East of England
- abercastle in East of England
- bisley in East of England
- bristol in East of England
- blaencwm 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.
Frequently Asked Questions
Are there opportunities for property renovation in Beaconsfield?
Beaconsfield is likely to be a great place for revamping property if there is a lot of greenlit planning permission. The are 19 each month, attaining a success rate of nan and a total population of 17213. You can find out if this is above or below similar areas in the UK by comparing it to a nearby place
In Beaconsfield, how many property sales per month are there?
9 property transactions are reported in Beaconsfield each month, alongside a broader picture of approximately 1.1 million property sales across the UK.
What’s the year-over-year population change in Beaconsfield or similar cities?
When evaluating the population trajectory of Beaconsfield, explore the decade-spanning population shift of 9% and the five-year modification of population of 4%. By drawing comparisons, see if demographic changes in your chosen area is
prices for houses on sale in the broader vicinity of Beaconsfield?
The average cost per square foot for a house in Beaconsfield is presently £0.
Is purchasing a house in Beaconsfield considered a costly decision?
Ascertain the costliness of a property by examining a listed house for sale in relation to the prevailing average selling prices. In Beaconsfield, this stands at £951,764, whereas the UK’s mean is £286,500.