Whenever looking for a house for sale in the UK or in Bledlow Ridge, it is vital you look at the market trends and house price fluctuations in the wider area of Buckinghamshire too. House prices of houses for sale can change even among different streets very close to each other so, as a landlord, it would be a good idea to be familiar with the area of Bledlow Ridge.
In this article, we will be looking at the city of Bledlow Ridge in detail so you know how to navigate the area and have a better understanding on where to invest.
What is the asking price on average of houses for sale in Bledlow Ridge?
The average asking price for the houses for sale in the city of Bledlow Ridge
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£380,000|
|Average asking price (3 bed)||£493,970|
|Average asking price (4 bed)||£772,586|
|Average asking price (5 bed)||£1,439,541|
Reading the table above should therefore give you a good idea of the type of house for sale that is within your budget in Bledlow Ridge and if you may need to look at a different area in order to buy the type of house you can afford.
Also, noting the £4,360 should also give you an overview of what the asking price for houses for sale are in general.
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 Bledlow Ridge 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 £590,396.
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 Bledlow Ridge.
Are there any important statistics about the population of Bledlow Ridge?
In the city of Bledlow Ridge, how much green space remains for residents?
In the city of Bledlow Ridge, there are 13.1 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 Bledlow Ridge is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.
In Bledlow Ridge, how has the population changed?
Population growth in Bledlow Ridge 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 Bledlow Ridge, 17,318 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 Bledlow Ridge 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 Bledlow Ridge, 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 Bledlow Ridge?
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 Bledlow Ridge.
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.
How educated are the people in Bledlow Ridge?
In the city of Bledlow Ridge, 29% of people have degrees. In general, as the number of people who are highly educated goes up, the more likely they are to have the ability to buy houses as their annual household income goes up too.
So you can see for yourself, the average income for the people of Bledlow Ridge is £59,100. This generally goes up with the education level of the area. Additionally, looking at the difference between the proportion of people with degrees and the UK average for this statistic (22.6%) should give you an idea of the affluence and education of the city.
A higher education level can therefore tell you if the house prices are likely to be high as the higher income level often results in people buying a bigger, more valuable house.
Having said this, whale education level can be a good factor to go by, there are also things like the rental yields, the population growth and social grades scores that can impact the value of a house and whether it will go up in value as time goes on.
What’s crime like in Bledlow Ridge?
The crime rate of Bledlow Ridge must be looked at sceptically. The reason for this is that the crime rate can vary within a city greatly and the type of crime committed can also vary too.
For example, the area has a crime rate of 47, but another city may have a higher crime rate but not be deemed as dangerous due to lower level crime or minor offences being committed.
Either way, high crime rates are never a good sign so consider the rate against the UK average of 79.52 for every 1000 people as a benchmark.
Lower rates could mean things like home insurance is cheaper and you have to install fewer security measures throughout your house. Saving you money in the long run. So the statistic of crime rate (47) is both useful and is recommended to be compared to the average.
What’s a social grade score and how does it relate to Bledlow Ridge?
In the city of Bledlow Ridge, the social grade score of the area is 34%. 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 Bledlow Ridge.
|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|
The city of Bledlow Ridge, 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 Bledlow Ridge 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 Bledlow Ridge. So, taking a good look at the data is essential to understand the area you are considering to buy in.
Is the city of Bledlow Ridge deprived?
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 Bledlow Ridge is 20%.
What salary does the community in Bledlow Ridge take home?
You may be wondering what the amount people earn has to do with house price. Well, house prices generally go up as people earn more not just because they can afford more valuable properties but also because good areas generally attract more desirable infrastructure. For reference, the average household income is £59,100.
This may be better schools, doctors and areas with lower crime rates. This results in a snowball effect which polarises different areas further, increasing the demand for housing in richer areas by a greater amount. And increasing the proportion of people with high social grade scores. For Bledlow Ridge this figure is 34%.
In general, what do houses for sale sell for in Bledlow Ridge?
For the city of Bledlow Ridge, the average price a house sells for is £444,602. This value usually depends on the exact location of the house within Bledlow Ridge as well as other factors like the population growth in Bledlow Ridge which is 9% over a ten-year period.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£614,360|
|Aerage sold price (semi-detached)||£406,269|
|Aerage sold price (terraced)||£323,736|
|Aerage sold price (flat)||£202,028|
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 Bledlow Ridge.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£4,110|
|Aerage sold price/sqft (new build)||£3,820|
|Aerage sold price/sqft (old stock)||£4,120|
Generalising the bottom table, the average value per square foot of a house for sale is £4,240. This value averages all of the types of houses for sale in Bledlow Ridge. 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 Bledlow Ridge.
In Bledlow Ridge, what are the rental yields?
Is the housing market in Bledlow Ridge growing?
Whenever you are thinking about looking for houses for sale in Bledlow Ridge, think about how the city is growing and how this may impact the overall growth of the area.
Comparing the growth at different time periods would be a great way to assess whether the growth has slowed down, remained the same or perhaps stagnated over the years.
|1 year||3 years||5 years|
|Bledlow Ridge growth rate||18%||19%||32%|
As the population of Bledlow Ridge grows, this may also push up the price of the houses for sale. More people would be looking to buy homes and permanently live in the area. This demand helps a home appreciate. However, this isn’t always true because some cities build a lot of houses too to match the supply.
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 Bledlow Ridge.
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 (Buckinghamshire) as well as the broader region; East of England.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Bledlow Ridge||3.0%||£1,490||no relevant data for this city||9.0%|
|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 Bledlow Ridge which is 9 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 Bledlow Ridge is to invest in. Both in terms of rental yield and capital appreciation.
Advice from experts on properties for sale in Bledlow Ridge
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 Bledlow Ridge.
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.
Thinking about other cities with houses for sale?
Below are a list of towns with a similar location to Bledlow Ridge.
Reading these analysis will help you evaluate the different houses for sale currently listed in East of England:
- Eaton in East of England
- Barway in East of England
- Alburgh in East of England
- Felixstowe in East of England
- Amersham in East of England
If you are interested in some other city or even region of the UK, please visit the following page houses for sale in the UK it contains all the data related to the houses for sale.
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