Bicker 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 Bicker.
On top of this, keep reading for detailed information on the demographics of Bicker in Lincolnshire. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.
Asking price in Bicker for a house for sale
Before a house gets sold, the figure it sells for always starts off as an asking price. This average asking price for the houses for sale in Bicker determines the eventual sale price of the house so it isn’t the most important figure but is still important to take note of. This figure is currently £281,452.
Below, there is a table showing the asking price of the different sizes of houses based on the number of bedrooms of the houses in Bicker.
Table showing the asking prices for houses for sale in Bicker
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£185,323|
|Average asking price (3 bed)||£249,914|
|Average asking price (4 bed)||£342,267|
|Average asking price (5 bed)||no relevant data for this city|
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 Bicker is £0. This should show you the general prices overall and for individual types of houses too.
Always consider average rental yield when searching for houses for sale in Bicker
Are there more or fewer houses being built in Bicker?
Before committing to Bicker to make a housing investment, an investor should always ask the question, what is the growth like in the area?
So take a look below at the growth patterns of the previous years displaying the percentage of new houses being built. This will help you understand how the number of houses for sale will evolve in the future.
|1 year||3 years||5 years|
|Bicker growth rate||-2%||12%||23%|
Whether housing growth actually changes the price of a house depends on if the city in question is outstripping demand with the supply of new housing. You’d have to do some more research on what rate Bicker is building housing to find your answer.
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 Bicker this statistic is what you were looking for.
Data should also be compared to the broader region of the UK (East of England) alongside Lincolnshire 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 Bicker.
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)|
|Bicker||no relevant data for this city||no relevant data for this city||no relevant data for this city||£0|
|East of England||0.03||1,148.32||£1||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 Bicker.
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.
In Bicker, what are the demographics like?
In Bicker, what is the social grade score?
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 Bicker in grades A or B which are the highest skilled roles in the country is 14%.
Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £34,600.00 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 14%.
Have the people of Bicker grown in numbers?
The city of Bicker has a total population of 14114. 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 Bicker 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 Bicker
Over time, in the last five years, the population of the city of Bicker has changed by 6%. 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 6% 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 Bicker?
In the last 10 years, there has been a shift in the population of 10%.
Comparing this to the 5 year figure of Bicker 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.
How much green space is available to residents of Bicker?
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 Bicker, 18 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 Bicker.
How much are those living in Bicker earning?
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 Bicker. Compare the area’s average household income of £34,600.00 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 14% for more conclusive data on the affluence of the area.
Is the education level of Bicker important when buying a house?
In the city of Bicker, 15% 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 Bicker is £34,600.00.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
In the city of Bicker, 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 Lincolnshire for example.
These demographics for Bicker 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 Bicker in East of England.
Are the people of Bicker deprived?
The number of people who are deprived can have an impact on the perception of your house in the general marketplace. Additionally, if you are looking for a house to live in for the long term, you can start to picture what your neighbours and the people in your area live like financially.
If the proportion of deprivation of Bicker is £0 and in general for the UK this figure is somewhere around 33%, you can see if this figure is something you are happy with as you search for a house to buy.
Is the crime rate bad in the city of Bicker?
For the city of Bicker, crime rate is at 6400%. So for every 1000 people in the area, 6400% 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.
Invest in a house for sale that meets your demands
What parameters impact the final price of a house for sale in Bicker?
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.
Get professional help on the houses for sale in Bicker
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
Are you considering other cities with houses for sale?
You can consult our list below that goes over a list of cities not necessarily in East of England, allowing you to find similar places to Bicker:
- droylsden in East of England
- windlesham in East of England
- essington in East of England
- blackley in East of England
- greenwich in East of England
You may also refer to our webpage specific to UK houses for sale to get an overview of the large number of cities in the area, houses for sale in the UK
What is the final sale price of a house in Bicker?
In Bicker, the average sale price of a house for sale is in fact £200,361. This is dependent on the 10 year population growth of Bicker being 10%. Growing populations are more likely to inflate the prices of houses for sale in the city of Bicker.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£228,254|
|Aerage sold price (semi-detached)||£150,900|
|Aerage sold price (terraced)||£131,487|
|Aerage sold price (flat)||no relevant data for this city|
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 Bicker.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£1,870|
|Aerage sold price/sqft (new build)||£2,020|
|Aerage sold price/sqft (old stock)||£1,720|
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 £1,870. This means if you are just looking out the houses sold in Bicker in general and didn’t take into consideration the type of build. For example, a new build.
Are there opportunities for property renovation in Bicker?
Properties in the city of Bicker may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are 8 approvals every month with an approval of nan based on a population of 14114. Compare other places in the UK to make this figure make more sense.
How many property sales occur per month in Bicker?
13 property transactions are reported in Bicker 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 Bicker?
Calculating the evolution of Bicker’s population requires an examination of the population transformation over a decade, amounting to 10%, and the five-year adjustment at 6%. 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 Bicker?
Currently, the mean asking price of a house in Bicker is £0, calculated using the average value per square foot
Does opting for a house for sale in Bicker come with a hefty price tag?
Ascertain the costliness of a property by examining a listed house for sale in relation to the prevailing average selling prices. In Bicker, this stands at £200,361, whereas the UK’s mean is £286,500.