fbpx

Flackwell Heath – What to look for in houses for sale?

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 Flackwell Heath, Buckinghamshire.

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

In general, for the city of Flackwell Heath, what are the final purchase prices for the houses for sale?

In Flackwell Heath, the average sale price of a house for sale is in fact £493,052. This is dependent on the 10 year population growth of Flackwell Heath being 9%. Growing populations are more likely to inflate the prices of houses for sale in the city of Flackwell Heath.

Housing category Total final sale price
Aerage sold price (detached) £684,977
Aerage sold price (semi-detached) £465,400
Aerage sold price (terraced) £372,754
Aerage sold price (flat) £235,898

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 Flackwell Heath.

Housing category Sale price per square foot
Aerage sold price/sqft £4,620
Aerage sold price/sqft (new build) £4,800
Aerage sold price/sqft (old stock) £4,580

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 £4,620. This means if you are just looking out the houses sold in Flackwell Heath in general and didn’t take into consideration the type of build. For example, a new build.

What are the asking prices for the houses for sale in the city of Flackwell Heath?

Average asking prices for houses for sale in Flackwell Heath

Average asking price (1 bed) £256,841
Average asking price (2 bed) £377,274
Average asking price (3 bed) £569,499
Average asking price (4 bed) £805,402
Average asking price (5 bed) £1,151,923

Reading the table above should therefore give you a good idea of the type of house for sale that is within your budget in Flackwell Heath 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 £0 should also give you an overview of what the asking price for houses for sale are in general.

When speaking about the city of Flackwell Heath, £570,672 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 Flackwell Heath.

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.

Always consider average rental yield when searching for houses for sale in Flackwell Heath

Is the housing market in Flackwell Heath growing?

Whenever you are thinking about looking for houses for sale in Flackwell Heath, 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
Flackwell Heath growth rate 6% 19% 21%

As the population of Flackwell Heath 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.

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 Flackwell Heath to Buckinghamshire and the broader suburb of the UK; East of England.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Flackwell Heath 3.5% £1,685 89% 18.0%
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 Flackwell Heath for profit in the future, in this case, looking at the data for the number of houses sold per month in Flackwell Heath would give you an idea of whether the area is actively getting new investors. This figure is 22.

It is vital you be careful with this figure however as the data can suggest something that isn’t true in Flackwell Heath. 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.

What are the people like in Flackwell Heath?

In Flackwell Heath, 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 17% for Flackwell Heath should give you a nice idea of the deprivation in the area.

What’s a social grade score and how does it relate to Flackwell Heath?

In the city of Flackwell Heath 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 Flackwell Heath has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 35%.

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

Flackwell Heath within Buckinghamshire is notable for the type of people that live there. The statistics below show how this is the case.

As you read on, Flackwell Heath will be looked at by comparing it to the local region, as well as comparing it to the wider region too (East of England). From what the population of the city is to how it’s growing as well as factors like the overall crime rate.

This data is impacted by the history of the area and what kind of industry there is around. All of which also impact house prices which is crucial for you to understand as you look at houses for sale in Flackwell Heath.

What salary does the community in Flackwell Heath take home?

As earning potential goes up in a city, so does the quality of schools in the area, the general infrastructure and the social grade score (35%). All in all, the area becomes a more desirable place to live in.

This is why it is vital to pay attention to how much people are making annually in any city you plan on making a house purchase in. In Flackwell Heath, this works out to be £60,000. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.

In the city of Flackwell Heath, has the population grown or shrunk?

The city of Flackwell Heath has a total population of 19,367. 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 Flackwell Heath 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 Flackwell Heath

Over time, in the last five years, the population of the city of Flackwell Heath has changed by 4%. 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 4% 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 Flackwell Heath?

In the last 10 years, there has been a shift in the population of 9%.

Comparing this to the 5 year figure of Flackwell Heath 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 Flackwell Heath, how educated are people in general?

In the city of Flackwell Heath, 33% 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 Flackwell Heath is £60,000.

This should correspond with the average percentage of people in the UK who have degrees at 22.6%.

In the city of Flackwell Heath, how much green space remains for residents?

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 Flackwell Heath, 21.9 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 Flackwell Heath.

Is the crime rate bad in the city of Flackwell Heath?

For every one thousand people living in Flackwell Heath, 54 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 54 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.

Advice from experts on properties for sale in Flackwell Heath

Other cities you can consider looking for with houses for sale

Below are a list of towns with a similar location to Flackwell Heath.
Reading these analysis will help you evaluate the different houses for sale currently listed 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

Invest in a house for sale that meets your demands

What parameters impact the final price of a house for sale in Flackwell Heath?
Here below is our list with the most important ones:

  • House for sale affordability – check out the (see house affordability guide)

    on the UK gov website to know more

  • House Location – the actual location of a house for sale drastically changes the final price of a property

  • Transports you can reach by foot – Commuting is part of our lives, especially in big cities, check it out before buying a house for sale.

  • Number of bedrooms – Usually, the bigger the house for sale the more bedrooms it will have. For example, if you are a single person (or a couple) one bedroom will do.

  • Energy Performance Certificate of the house for sale – Bad EPCs can result in thousands of pounds more in bills you will have to pay on an annual basis. Consider this when purchasing a new property.

  • Internet connection – Having a quick internet connection is fundamental nowadays. Check the area of the house for sale to understand what the average internet speed is and see if it fits your needs

  • Do you drive to the office? – If yes, ask about parking. Is it included in the house price?

  • Special areas – Start by taking a look at the National Heritage list by the UK government. If a house listed for sale appears in the list, the future landlord won’t be able to invest in changes to the real estate asset.

  • Houses for sale Conditions – When looking for houses for sale you should always consider the amount of time and money you will have to invest to complete the needed repairs, if any at all.