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A guide on houses for sale in Capel St Mary

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in East of England $ A guide on houses for sale in Capel St Mary

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Sometimes, working out the prices of the houses for sale can be tricky business. This is why we created this article all about the price of houses for sale in Capel St Mary, Suffolk.

From the average asking price of houses for sale in Capel St Mary, to the growth of the population in the area, all will be talked about regarding the city of Capel St Mary. So you will get better clued up on the area, and make finding a house for sale in the UK easier.

Are there any important statistics about the population of Capel St Mary?

In Capel St Mary, what is the social grade score?

In the city of Capel St Mary, the social grade score of the area is 33%. 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 Capel St Mary.

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

Capel St Mary in the county of Suffolk is notable for its specific demographics and has individual characteristics.

For localised cities and the bigger areas of the UK there are wide variations in the demographics that shape an area so the same is also true for the wider region Capel St Mary is located in; East of England.

Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Capel St Mary, what the social grade score of the city is like and if the green space matches the recommended levels people living in the UK should have.

In the city of Capel St Mary, is there a lot of green space?

In the city of Capel St Mary, there are 15 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 Capel St Mary is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.

In Capel St Mary, what are the deprivation levels like?

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 £0 for Capel St Mary should give you a nice idea of the deprivation in the area.

How educated are the people in Capel St Mary?

In the city of Capel St Mary, 22% 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 Capel St Mary is £46,100.00. 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.

In the city of Capel St Mary, has the population grown or shrunk?

The city of Capel St Mary has a total population of 11491. 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 Capel St Mary 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 Capel St Mary

Over time, in the last five years, the population of the city of Capel St Mary has changed by 3%. 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 3% 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 Capel St Mary?

In the last 10 years, there has been a shift in the population of 6%.

Comparing this to the 5 year figure of Capel St Mary 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.

In Capel St Mary, what is the crime rate?

For every one thousand people living in Capel St Mary, 3600% commits crimes and are prosecuted. Coming to a conclusion as to whether all the other factors of your house purchase like the house price justify this figure when contrasting it with the UK average of 79.52 is something you should do as a homeowner.

It could be that the crime rate is higher than you expected but there it is worth the population growth, appreciation of the house and worth the relative price you are purchasing the house for.

Nonetheless, the crime rate of 3600% is not a statistic that should just be ignored as you could have to pay more for things like home insurance and install additional security on your house if the rate is particularly high.

Either way, burglaries are not something you would want to encounter in a house. Whether that be a house you are living in or a house you are renting out to tenants.

What salary does the community in Capel St Mary take home?

By and large, a higher household income in a population can have positive effects on the crime rate and the quality of space. This is due to the fact that higher earners tend to buy houses where there are better schools and more desirable amenities that impact the quality of life someone has.

In Capel St Mary, the average income is £46,100.00. Measuring this figure against the average household income for the UK of price34,000 should tell you if the city is higher or lower earning.

When buying a house, use this statistic with other factors when making a decision too like the crime rate or the social grade score of 33% to decide on what the demographics are like in the area.

In general, what do houses for sale sell for in Capel St Mary?

In Capel St Mary, houses for sale are sold at an average of £317,312. In general, multiple factors impact this figure because lots of variables impact properties valuation. This can include the quality of the buildings in general, whether the population has grown, if there is demand for housing or if there is a low crime rate which would make the area more desirable.

In the table below, you can see for yourself how the average price of a house for sale looks based on the different sizes of housing in Capel St Mary. The exact amount of variation between the types of housing depends on the local demand for particular types of houses in the area.

Housing category Total final sale price
Aerage sold price (detached) £393,015
Aerage sold price (semi-detached) £268,995
Aerage sold price (terraced) £229,058
Aerage sold price (flat) £117,042

As you can see above, for Capel St Mary, price varies based on the type of house that is being sold. If these prices shock you it could be due to population change in the last 10 years of 6% where lots of movement may inflate or deflate house prices.

Housing category Sale price per square foot
Aerage sold price/sqft £2,970
Aerage sold price/sqft (new build) £2,950
Aerage sold price/sqft (old stock) £2,860

Looking at the second table about Capel St Mary, you are able to tell which type of housing is most affordable to you as a buyer. However, for a general overview of what house price is, the average price per square foot for a house in Capel St Mary is £2,970.

Always consider average rental yield when searching for houses for sale in Capel St Mary

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 Capel St Mary this statistic is what you were looking for.

Data should also be compared to the broader region of the UK (East of England) alongside Suffolk 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 Capel St Mary.

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)
Capel St Mary no relevant data for this city no relevant data for this city no relevant data for this city £0
Suffolk 3.69% £991.67 125.38% 14.64%
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 Capel St Mary.

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 (5) will be useful.

Is the housing market in Capel St Mary growing?

Growth in the area can be a good signal of a booming house market. However, too much growth could also have negative consequences on the capital appreciation of a house as time goes on.

Take a look at the table below for Capel St Mary that shows the growth in recent years.

1 year 3 years 5 years
Capel St Mary growth rate 13% 22% 27%

High growth rates can signal an appreciating housing market, nonetheless, if there are too many houses being built, this could reduce demand for housing as the supply of houses for sale starts to catch up with the demand. Leading to stagnation or a decline in house pricing so understanding the growth in Capel St Mary is important.

A house for sale that is right for you

When browsing houses for sale in Capel St Mary you should think about lots of different criteria:

  • House for sale affordability – visit the dedicated page of the UK government to understand (see what you can afford)

  • Location of the house for sale – the region and town you are considering to live in are crucial factors to consider before looking for houses for sale. In this article, we define lots of demographic factors that should help you make a decision.

  • House for sale transport links – even if working from home is becoming more and more predominant, we suggest you check the transport links the house for sale has.

  • Number of bedrooms in the house for sale – are you looking for houses for sale for the whole family or are you single? Always think about how many bedrooms you need and if that number might change in the future

  • energy performance of the house for sale – What is the EPC of the house for sale? Today more than ever, is important that you check the EPC rating of the real estate assets available for sale on the market.

  • Internet speed in the area of the house for sale – it is important to remember that internet speed is a consequence of two factors: your plan and the infrastructure available in the area. Always check these parameters before looking for houses for sale. Especially if you are renting the property as this will impact your business costs. Whether that be in an excluded tenancy agreement or a more common, assured shorthold tenancy.

  • Does the house for sale have parking – if yes, is it on-street or is the house for sale equipped with a garage?

  • Houses for sale in conservation areas – always check the National Heritage list. If a house for sale is part of this list it means that it might be impossible for you to make changes to the property’s internal and external structure.

  • 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.

Advice from experts on properties for sale in Capel St Mary

Choosing the perfect house for sale for you might be challenging in today’s market due to the abundance of available houses.
You may wonder who can guide you through the process of selecting a house that is for sale.
There are several experts that provide guidance and support to potential buyers and the procedure can be drawn out, particularly when dealing with houses for sale.

Here is a list of who to contact to get assistance when purchasing a house for sale:

  • Banks – The ones that can lend you the money you need for the house for sale
  • Insurance companies – Companies that give you access to various insurances specific to the house for sale you are considering to buy
  • Solicitor – The individual or business responsible for handling the legal tasks required to purchase a home that is for sale.
  • Civil engineer – Provides you with an appraisal of the house up for sale that you want to purchase.
  • Mortgage advisor – Professional advisors that will guide you and propose the best mortgage deals according to your finances
  • EPC specialist – Getting professional advice on the energy performance of the house for sale is crucial, especially nowadays.

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 Capel St Mary:

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 asking price on average of houses for sale in Capel St Mary?

On average, in Capel St Mary, the asking price for a house for sale in the area is £432,141.

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 Capel St Mary. 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.

The average asking price for the houses for sale in the city of Capel St Mary

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £263,042
Average asking price (3 bed) £360,780
Average asking price (4 bed) £584,118
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 Capel St Mary is £0. This should show you the general prices overall and for individual types of houses too.

F.A.Q.

Do properties in Capel St Mary have the potential for renovation?

Properties in the city of Capel St Mary 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 11491. Compare other places in the UK to make this figure make more sense.

In Capel St Mary, how many property sales per month are there?

In the city of Capel St Mary, there are 5 and in the total for the UK, there are around 1.1 million property sales.

What’s the annual population shift in a city such as Capel St Mary?

To work out how the population of Capel St Mary has changed over time, you can look at the population change over a decade which is 6% and the change in a five year period two which falls at 3%. Compare the two and look at the population growth or decline in recent times to really make sure you have a good understanding of the population

What are the asking rates for houses for sale in the surrounding area of Capel St Mary?

In Capel St Mary, the mean asking price per square foot for a house is currently £0, based on the average value per square foot

Does opting for a house for sale in Capel St Mary come with a hefty price tag?

Determine whether a property is expensive by comparing a list of houses for sale to the prevailing average selling prices. In Capel St Mary, this figure stands at £317,312, while the UK average is £286,500.

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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