What is it like buying a house in Beaconsfield?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in East of England $ What is it like buying a house in Beaconsfield?

Beaconsfield can be a tough place to find accurate information like any city in the UK. Read on to learn about which data to stay on top of when looking at house for sale in Beaconsfield.

On top of this, keep reading for detailed information on the demographics of Beaconsfield in Buckinghamshire. This is crucial in finding out if the area is worth for looking at houses for sale in the UK for an investment over the long term too.

In Beaconsfield, what do houses for sale tend to sell for?

As well as looking at the asking price for house for sale in Beaconsfield, a sensible homeowner or investor will also consider the final price a house sells for. This final price may be influenced by elements like the amount people are earning in the area and what opportunities for employment there are in Beaconsfield.

Houses for sale, are sold on average in Beaconsfield, after the influence of these factors, at £951,764 as a result. And may be on the rise or decline depending on a combination of variables such as the crime rate, or population growth which was 9% over the last 10 years.

Housing category Total final sale price
Aerage sold price (detached) £1,274,539
Aerage sold price (semi-detached) £632,145
Aerage sold price (terraced) £537,557
Aerage sold price (flat) £507,506

This table above shows the average sale price for each variation of houses for sale in Beaconsfield.

Housing category Sale price per square foot
Aerage sold price/sqft £5,770
Aerage sold price/sqft (new build) £5,880
Aerage sold price/sqft (old stock) £5,670

This final table looks at the price per square foot of houses for sale. Looking at the final table, you can take a further average and conclude that the average price per square foot of houses in general in Beaconsfield is £5,770.

This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.

Asking price in Beaconsfield for a house for sale

Average price of 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

After looking at this table about prices of houses for sale in Beaconsfield, someone who is buying a home would be able to know in great detail what kind of house for sale available on the market 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 wholistic understanding.

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.

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

You may have heard of rental yield as being important for investors who wish to make a sizable profit on their rental properties. If this sounds like you and you’re looking to invest in a house currently for sale and collect rental income in Beaconsfield this statistic is what you were looking for.

Data should also be compared to the broader region of the UK (East of England) alongside Buckinghamshire then looked at with other statistics like the area’s rent and the turnover of sale of the houses in question. It could be that an investor prefers to make a profit on the sale of a house rather than the rental income and optimal properties for this investment varies throughout Beaconsfield.

This decision is made differently depending on the investor’s tolerance for risk, investing strategy, the location they’re investing in and their overall goal for buying a house currently listed for sale.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Beaconsfield 2.5% £2,238 109% 8.0%
Buckinghamshire 3.56% £1,345 122.24% 16.67%
East of England 3.49% £1,148 126.76% 16.58%

As you observe table above, it could be valuable to contrast these figures with other pieces of data relevant to the process of buying like the crime rate or the appreciation of houses for sale in Beaconsfield.

As you can tell, the best conclusions are drawn when the buyer of a house for sale looks at all the data involved holistically and doesn’t make quick decisions based on one or two pieces of data. As an example, comparing the data with the number of property sold per month (13) will be useful.

Are there more or fewer houses being built in Beaconsfield?

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

1 year 3 years 5 years
Beaconsfield growth rate 21% 24% 27%

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 Beaconsfield 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 Beaconsfield.

Are there any important statistics about the population of Beaconsfield?

Is the city of Beaconsfield deprived?

Deprivation of a city is defined as the number of people who are considered to not be earning enough to sustain their lifestyle. The UK average of deprivation nationwide is 33% so comparing the figure of 11% for Beaconsfield should give you a nice idea of the deprivation in the area.

In Beaconsfield, what is the crime rate?

In Beaconsfield, for every 1000 people, there is currently a crime rate of 77. 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 (77 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.

Are the people in Beaconsfield earning a lot?

Typically, as people earn more money, the more they are able to afford and the better house prices in the area because demand goes up. You could also infer that the amenities such as schools, parks and public areas are generally of high quality as a result.

For these reasons, it could be argued that areas where people earn more money are generally nicer arrears to live in which also attracts more people as a result and further drives up house prices in the area.

To see if this phenomenon occurs in Beaconsfield. Compare the area’s average household income of £66,900 to the average household income in the UK at price34,000. Adding to this, compare it with the figure for the highest social grade score too at 50% for more conclusive data on the affluence of the area.

What is the social grade score of Beaconsfield?

In the city of Beaconsfield, the social grade score of the area is 50%. But what does this exactly mean? The figure refers to the proportion of people in the two highest categories of skilled jobs.

The categories are grouped from A to E shown in the table below. Overall, a high social grade score means there are more affluent people working in managerial and professional roles in the area.

This table shows the average breakdown of the UK in terms of where most people in the UK are working so you can compare it to the social grade score of Beaconsfield.

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 Beaconsfield, the demographics are unique and must be looked at by themself to make a conclusion about the area before buying a house. This is because the growth could be greatly different to the wider area of Buckinghamshire for example.

These demographics for Beaconsfield may impact the price of a house, how this house grows over time and the profitability of a house if you are buying it for an investment so knowing the area is crucial for a landlord making a purchasing decision in the city of Beaconsfield in East of England.

In Beaconsfield, how educated are people in general?

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 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, how has the population changed?

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, 17,213 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.

Do the people of Beaconsfield get to enjoy green space?

In the city of Beaconsfield, there are 23.4 acres of green space per 1000 residents.

The charity, ‘Fields in Trusts’ recommends a minimum of 6 acres of green space per 1000 people so it is easy to see where Beaconsfield is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.