As a landlord, whenever you are looking at houses for sale in Essex, you could find varying prices throughout an area like Birdbrook. 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 Birdbrook 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 Birdbrook will be revealed. Keep reading.
What kind of demographics does the city of Birdbrook have?
In general, do people commit a lot of crime in Birdbrook?
In Birdbrook, for every 1000 people, there is currently a crime rate of 85. 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 (85 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 of Birdbrook 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 Birdbrook is 22% 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.
Located in Essex is the city of Birdbrook, in a large part of the UK; East of England. 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 Birdbrook 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 Birdbrook 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.
Is the education level of Birdbrook important when buying a house?
In the city of Birdbrook, 21% 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 Birdbrook is £43,000.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
In Birdbrook, how has the population changed?
Population growth in Birdbrook 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 Birdbrook, 25,162 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 Birdbrook 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 Birdbrook, this change has been 2%. 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 2%. Click here to know more on the UK population trends.
Over the last decade, how has the population differed in Birdbrook?
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 5% in Birdbrook.
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.
What’s a social grade score and how does it relate to Birdbrook?
In the city of Birdbrook and throughout the UK, the social grade score is assessed by observing what type of jobs people have and then grouping this into a grading system.
In general, the people at the top of the scale (the A category) have the highest paid, most skilled jobs and this is just 4% of the general UK population. On the lower end of the scale, people who are on benefits, state pensions and also manual workers all are grouped into this category that represents the most unskilled.
When trying to determine if the area of Birdbrook has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 19%.
Below, you can see how this compares to the National average as the average for the top two categories nationwide is 27% (Adding together the A and B categories)
| 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 |
How much do people in Birdbrook earn?
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 Birdbrook. Compare the area’s average household income of £43,000 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 19% for more conclusive data on the affluence of the area.
How much green space is available to residents of Birdbrook?
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 Birdbrook, 14.5 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 Birdbrook.
In Birdbrook, what is the asking price in general for a house for sale?
Table showing the asking prices for houses for sale in Birdbrook
| Average asking price (1 bed) | no relevant data for this city |
| Average asking price (2 bed) | £269,629 |
| Average asking price (3 bed) | £381,827 |
| Average asking price (4 bed) | £536,479 |
| Average asking price (5 bed) | £815,357 |
The above table is perfect for understanding the distribution of properties in the area as well as looking at this data alongside the average asking price per square foot of £3,260. Telling you what type of house is most in demand relative to the price of the area.
This could be due to more people looking at particular types of houses for sale over others or even due to the fact that Birdbrook has a lack of supply of housing in certain categories.
When speaking about the city of Birdbrook, £428,910 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 Birdbrook.
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.
In Birdbrook, what are the rental yields?
Are there more or fewer houses being built in Birdbrook?
Before committing to Birdbrook 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 | |
|---|---|---|---|
| Birdbrook growth rate | -3% | 2% | 11% |
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 Birdbrook is building housing to find your answer.
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 Birdbrook.
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 (Essex) as well as the broader region; East of England.
| Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
|---|---|---|---|---|
| Birdbrook | 2.6% | £945 | 140% | 15.0% |
| Essex | 3.51% | £1,237 | 125.97% | 17.61% |
| East of England | 3.49% | £1,148 | 126.76% | 16.58% |
Also, you can compare other data to the table above such as the number of houses sold per month in Birdbrook which is 22 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 Birdbrook is to invest in. Both in terms of rental yield and capital appreciation.
In general, what do houses for sale sell for in Birdbrook?
For the city of Birdbrook, the average price a house sells for is £296,235. This value usually depends on the exact location of the house within Birdbrook as well as other factors like the population growth in Birdbrook which is 5% over a ten-year period.
| Housing category | Total final sale price |
|---|---|
| Aerage sold price (detached) | £405,561 |
| Aerage sold price (semi-detached) | £277,887 |
| Aerage sold price (terraced) | £236,375 |
| Aerage sold price (flat) | £151,225 |
The above table puts this figure into perspective as you can see the various average sale prices of a house for the specific type of house you’re most interested in. This comparison is important because the type of house you’re considering to buy may be more or less in demand based on variations in supply and demand in the city of Birdbrook.
| Housing category | Sale price per square foot |
|---|---|
| Aerage sold price/sqft | £3,070 |
| Aerage sold price/sqft (new build) | £3,210 |
| Aerage sold price/sqft (old stock) | £2,930 |
Generalising the bottom table, the average value per square foot of a house for sale is £3,160. This value averages all of the types of houses for sale in Birdbrook. So, if you’re not sure what type of house you want specifically, you can still get an idea of the real estate market of Birdbrook.
Advice from experts on properties for sale in Birdbrook
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 Birdbrook
-
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 today’s market with an abundance of homes available for sale, choosing the best house for sale can be challenging.
With several houses for sale to choose from, who will guide you through the process of choosing?
We have listed here below several experts and companies able to advise and support potential buyers.
The process of finding and investing in a house for sale can be lengthy and time-consuming, this is why we suggest you consult with the following professionals:
- Banks – Lend you the cash
- Insurance companies – Insure your new real estate investment
- Conveyancer – handles all the legal labour that is needed to proceed in buying a house for sale.
- Surveyor – Carries out an independent and complete property valuation of the house for sale
- Mortgage advisor – If you are thinking to get a mortgage to get the finances needed to afford to buy a house for sale, a mortgage advisor is the person you should be looking for
- EPC person – Always get a quote on the Energy Performance Certificate of the houses for sale listed in a certain city
Other cities you can consider looking for with houses for sale
Examine this short list of cities belonging to East of England, the same region where Birdbrook is located.
- Cockthorpe in East of England
- Christchurch in East of England
- Bedingfield in East of England
- Frinton-On-Sea in East of England
- Aslacton in East of England
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.
Recent Comments