fbpx

How much does a house for sale cost in Chalfont St Giles?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in East of England $ How much does a house for sale cost in Chalfont St Giles?

Chalfont St Giles 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 Chalfont St Giles.

On top of this, keep reading for detailed information on the demographics of Chalfont St Giles 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 general, what do houses for sale sell for in Chalfont St Giles?

In Chalfont St Giles, the average sale price of a house for sale is in fact £807,769. This is dependent on the 10 year population growth of Chalfont St Giles being 9%. Growing populations are more likely to inflate the prices of houses for sale in the city of Chalfont St Giles.

Housing category Total final sale price
Aerage sold price (detached) £1,013,251
Aerage sold price (semi-detached) £561,406
Aerage sold price (terraced) £473,282
Aerage sold price (flat) £380,329

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 Chalfont St Giles.

Housing category Sale price per square foot
Aerage sold price/sqft £5,300
Aerage sold price/sqft (new build) £5,460
Aerage sold price/sqft (old stock) £5,290

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 £5,300. This means if you are just looking out the houses sold in Chalfont St Giles in general and didn’t take into consideration the type of build. For example, a new build.

In Chalfont St Giles, what are the rental yields?

If you’re buying a house for investment rather than for the reason to live in the house over time and use the house as a place to stay in the long term, there is a need to look at the rental yield figure to see if the house for sale you are considering to buy is a good investment or not.

This figure is usually looked at by investors as well as the rental income of the area, the sale turnover and the rent turnover.

The table below represents this data and compares Chalfont St Giles to Buckinghamshire and the broader suburb of the UK; East of England.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Chalfont St Giles no relevant data for this city no relevant data for this city no relevant data for this city 7.0%
Buckinghamshire 3.56% £1,345 122.24% 16.67%
East of England 3.49% £1,148 126.76% 16.58%

Let’s assume you want to sell the house you’re looking to buy in Chalfont St Giles for profit in the future, in this case, looking at the data for the number of houses sold per month in Chalfont St Giles would give you an idea of whether the area is actively getting new investors. This figure is 3.

It is vital you be careful with this figure however as the data can suggest something that isn’t true in Chalfont St Giles. To give an example, a lot of people buying new houses could also indicate there are a lot of new first time buyers in the area which would in fact drive down the rental yield.

The more people there are interested in renting, rather than buying, the more likely that area of the UK has high rental yields and hence investors like these areas to invest in to create a large amount of cash flow.

Is the housing market in Chalfont St Giles growing?

Before committing to Chalfont St Giles 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
Chalfont St Giles growth rate 20% 13% 18%

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 Chalfont St Giles is building housing to find your answer.

Asking price in Chalfont St Giles for a house for sale

When speaking about the city of Chalfont St Giles, £1,029,444 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 Chalfont St Giles.

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.

Table showing the asking prices for houses for sale in Chalfont St Giles

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) no relevant data for this city
Average asking price (3 bed) £750,408
Average asking price (4 bed) £1,115,000
Average asking price (5 bed) no relevant data for this city

Based on this table, hopefully, you will be able to tell what type of house for sale is the most suitable for your budget. You can also consider the average asking price per square foot (£0) for houses for sale with this table to get a good idea as to whether Chalfont St Giles is the right area to buy a house in for you.

In Chalfont St Giles, what are the demographics like?

Located in Buckinghamshire is the city of Chalfont St Giles, 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 Chalfont St Giles 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 Chalfont St Giles 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.

What is the city of Chalfont St Giles’s 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 Chalfont St Giles in grades A or B which are the highest skilled roles in the country is 49%. Realistically, you can expect workers in this category to earn a higher salary too.

For comparison, £65,900 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 49%.

How educated are the people in Chalfont St Giles?

In Chalfont St Giles, the proportion of people who have a degree is 46%. Generally speaking, as the number of people with degrees increases, the more people are able to afford houses to buy as a degree is a good indicator of a higher income. To put this into perspective, the average income of Chalfont St Giles is £65,900.

This figure for average household income usually goes up alongside the percentage of people who have degrees.

However, this is not a hard and fast rule, there are many factors influencing the buying power of a population and hence the appreciation of housing and the number of houses for sale in the area. This can include the rental yields of the area and other demographic statistics like crime rate.

Nonetheless, it cannot be argued that those with degrees tend to live in more affluent areas as 82% of people who achieve a first in degree level education are owners of the place they live.

Are the deprivation levels of the UK any different to Chalfont St Giles?

The deprivation levels of the UK can vary quite a bit. High deprivation levels signal a particular area has people who are struggling to make ends meet and pay for basic living expenses. For Chalfont St Giles, in particular, the deprivation levels are 11%.

This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.

In Chalfont St Giles, what is the crime rate?

For every one thousand people living in Chalfont St Giles, 38 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 38 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.

In the city of Chalfont St Giles, is there a lot of green space?

There are cities in the UK such as Edinburgh and Bristol that have a higher percentages of green space with Edinburgh being the most at 49%. The city of Chalfont St Giles currently has 40.7 for every 1000 residents.

Green space helps the quality of people’s mental health as well as fight against diseases like obesity. As studies have shown that the proximity of people to green spaces in the UK has a positive impact on the physical health of people in the UK and Chalfont St Giles in this case.

Are the people in Chalfont St Giles earning a lot?

While not always the case, the amount people earn can be associated with better schools in the area and perhaps a nicer environment to live in.

£65,900 is the average household income of the area. And the higher this figure is the more likely it is that there is a higher percentage of people with a social grade score in the A or B categories which is 49% for Chalfont St Giles.

What is the population of Chalfont St Giles?

Population growth in Chalfont St Giles 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 Chalfont St Giles, 6,895 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 Chalfont St Giles 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 Chalfont St Giles, 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 Chalfont St Giles?

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 Chalfont St Giles.

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.

Invest in houses for sale in Chalfont St Giles with the right professional advice

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.

Invest in a house for sale that meets your demands

When browsing houses for sale in Chalfont St Giles 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 – 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

  • 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.

Thinking about other cities with houses for sale?

You can assess the various houses for sale offered in the area by consulting this list of cities in East of England, the same UK region as Chalfont St Giles:

You may also refer to our landing page specific to UK houses for sale, houses for sale in the UK

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *