Deeping Gate might be an interesting area to invest in when looking for a house for sale in the UK as it is a unique area in the county of Cambridgeshire.
Before looking for a house for sale in the city of Deeping Gate we strongly suggest landlords and real estate investors to research in detail and consider all involved factors. Indeed, house prices can change quite a bit depending on the square foot of the property, the number of rooms, the economic climate, the location of the house and more.
In this data heavy article the reader will be able to find out more on the topic and see the specific data to consider when evaluating different houses for sale in Deeping Gate.
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 Deeping Gate:
- dumbleton in East of England
- thames-ditton in East of England
- basildon in East of England
- coed-y-paen in East of England
- broxbourne 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 are the asking prices for the houses for sale in the city of Deeping Gate?
Table showing the asking prices for houses for sale in Deeping Gate
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£219,781|
|Average asking price (3 bed)||£286,134|
|Average asking price (4 bed)||£419,309|
|Average asking price (5 bed)||£619,250|
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 Deeping Gate is £2,940. This should show you the general prices overall and for individual types of houses too.
When investors make offers for houses for sale in Deeping Gate, the average price asked by the homeowners works out to be £343,093.
In the table below, for all the different sizes of houses in the area, the average asking prices have been displayed. This tells you what kind of house is more or less expensive and sought after despite houses with fewer bedrooms being overall less expensive anyway.
Any house that looks like it is overpriced for the number of bedrooms it has in Deeping Gate is typically not overpriced. It is just the case that that type of housing has a higher demand, therefore, people are willing to pay more.
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 Deeping Gate
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 general, for the city of Deeping Gate, what are the final purchase prices for the houses for sale?
There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Deeping Gate. In Deeping Gate, this sale price works out to be £252,345. As an example, a factor like population growth over the last 10 years which works out to be 10% in Deeping Gate and impacts house prices of the houses for sale.
|Housing category||Total final sale price|
|Average sold price (detached)||£300,141|
|Average sold price (semi-detached)||£198,032|
|Average sold price (terraced)||£172,580|
|Average sold price (flat)||£135,424|
Above, the exact type of house is also shown to vary in price in a table in Deeping Gate. You may think that the bigger the house is the more expensive, but actually, this table is more based on the demand for the properties in each category.
|Housing category||Sale price per square foot|
|Average sold price/sqft||£2,430|
|Average sold price/sqft (new build)||£2,310|
|Average sold price/sqft (old stock)||£2,340|
In addition, here is the price per square foot. By taking this data and doing an average, it is also possible to work out the average square foot of houses in Deeping Gate which is £2,690. From here you can get a sense of the price of the overall housing market and therefore, also find out the prices of the houses for sale.
Who can help you buy a house for sale in Deeping Gate?
Who should you talk to while going through the process of making an offer on a house for sale?
Several experts specialise in giving advice to property investors or to first time potential buyers.
Since the process of finding the right house for sale can take months, you have all the time to consult with the experts you might need.
Find here a list of those you should contact to get professional guidance and assistance when purchasing a house for sale:
- Lender – This practitioner can lend you money to finalise a house purchase
- Insurer – Insuring companies will provide you with the insurance policy you need to protect the house for sale you want to buy
- Legal representative – This professional is usually there to handle all the legal tasks associated with purchasing a home for sale.
- Surveyor – Carries out and independent valuation on the house for sale based on its conditions. It is very useful to understand the correct price before making an offer
- Mortgage specialist – Mortgage advisors works on commissions. They will get a cut from the bank and will guide you with offering the best deals given your financial situation
- Energy assessor – We strongly suggest you to invest in a professional assessment of the Energy Performance of the house for sale you want to purchase
Always consider average rental yield when searching for houses for sale in Deeping Gate
What is the growth in the housing market of Deeping Gate?
Whenever you are thinking about looking for houses for sale in Deeping Gate, 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|
|Deeping Gate growth rate||2%||11%||21%|
As the population of Deeping Gate 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.
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Deeping Gate, currently, £0 people fall into this category.
Measuring this statistic against the nationwide average of 33% should give you a pretty good idea of where the city lies in the scale of poverty in the area and how much you can charge for rent in your ast (assured tenancy shorthold).
What kind of demographics does the city of Deeping Gate have?
How much do people in Deeping Gate earn?
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 Deeping Gate, the average income is £45,800.00. 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 25% to decide on what the demographics are like in the area.
Deeping Gate in the county of Cambridgeshire 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 Deeping Gate 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 Deeping Gate, 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 Deeping Gate, what are the deprivation levels like?
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 Deeping Gate, in particular, the deprivation levels are £0.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
How much green space is available to residents of Deeping Gate?
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 Deeping Gate currently has 15 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 Deeping Gate in this case.
In Deeping Gate, how educated are people in general?
In Deeping Gate, the proportion of people who have a degree is 19%. 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 Deeping Gate is £45,800.00.
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.
Is the crime rate bad in the city of Deeping Gate?
The crime rate of Deeping Gate 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 6400%, 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 (6400%) is both useful and is recommended to be compared to the average.
In the city of Deeping Gate, has the population grown or shrunk?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Deeping Gate if 35872 and in the below heading how this population has changed will be broken down.
Like most data to do with houses, all data has to be considered holistically with multiple variables to determine if the population growth actually impacts the statistics that matter to you as a landlord in Deeping Gate such as rental yield or house appreciation.
How has the population size of Deeping Gate adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Deeping Gate by 4%. Analysing this figure is a great way to tell if there is new demand for housing or not as a decreasing figure reduces the number of people who want to buy houses. Read more here
To compare this figure over a greater period of time, you could look at the figure for the 1 year population too and compare them. This way you can see if the population has changed recently or if this 4% change has historically occurred before. Click here to know more on the UK population trends.
Over the last 10 years, how has the population size adjusted in Deeping Gate?
In the last decade, the population of Deeping Gate has been adjusted by 10%. This growth may be as a result of factors like new industries employing people or emigration and immigration balancing out to create this population change.
A precedent that shows population change in this way over decades is the region of Greater London. The capital city has grown by 27% in the past 20 years. Population growth has caused house prices to go up to price523,666 on average.
What is the social grade score of Deeping Gate?
In the city of Deeping Gate, the social grade score of the area is 25%. 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 Deeping Gate.
|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|
Frequently Asked Questions
Are there opportunities for property renovation in Deeping Gate?
Amidst the urban landscape of Deeping Gate, an intriguing figure for determining if a property can be renovated is the success of planning permission. The monthly total of planning applications in the area is 17 and on the other hand, there is a planning success rate of nan. It is also useful to take into consideration the population size of the area (35872).
On a monthly basis, how many property transactions take place in Deeping Gate?
Deeping Gate boasts a monthly total of 33 property transactions, while the entire UK witnesses approximately 1.1 million property sales. You can visit our pages that give information on houses for sale based on Rightmove data from the same region using the link
How does the population in a city like Deeping Gate change annually?
To assess the shifts in Deeping Gate’s population over time, analyse how the population has altered. Look at the ten year change of population of 10%, alongside the five-year change of 4%.
In the larger vicinity of Deeping Gate, what is the cost of houses available for sale?
The current average price per square foot for a house in Deeping Gate stands at £2,940, considering the mean cost for each square foot of houses for sale there.
Is investing in a house for sale in Deeping Gate a financially demanding choice?
Calculate if a property is on the pricier side by matching a listed house for sale against the mean selling prices. In Deeping Gate, this value is £252,345, compared to the UK’s average of £286,500.