Henlow 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 Henlow.
On top of this, keep reading for detailed information on the demographics of Henlow in Bedfordshire. 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, for the city of Henlow, what are the final purchase prices for the houses for sale?
For the city of Henlow, the average price a house sells for is £374,385. This value usually depends on the exact location of the house within Henlow as well as other factors like the population growth in Henlow which is 16% over a ten-year period.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£497,523|
|Aerage sold price (semi-detached)||£340,988|
|Aerage sold price (terraced)||£265,516|
|Aerage sold price (flat)||£147,341|
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 Henlow.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£3,660|
|Aerage sold price/sqft (new build)||£3,860|
|Aerage sold price/sqft (old stock)||£3,470|
Generalising the bottom table, the average value per square foot of a house for sale is £3,660. This value averages all of the types of houses for sale in Henlow. 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 Henlow.
On average, what is the figure for the asking price of a house for sale in Henlow?
In the city of Henlow, what is the average asking price for the houses for sale?
|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)||no relevant data for this city|
|Average asking price (4 bed)||£595,000|
|Average asking price (5 bed)||no relevant data for this city|
The above table is perfect for understanding the distribution of properties in the area as well as looking at this data alongside the average asking price per square foot of £0. Telling you what type of house is most in demand relative to the price of the area.
This could be due to more people looking at particular types of houses for sale over others or even due to the fact that Henlow has a lack of supply of housing in certain categories.
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 Henlow 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 £485,930.
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 Henlow.
Why you should consider the average rental yield when searching for houses for sale in Henlow
Are there more or fewer houses being built in Henlow?
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 Henlow that shows the growth in recent years.
|1 year||3 years||5 years|
|Henlow growth rate||-3%||13%||15%|
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 Henlow is important.
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 Henlow to Bedfordshire and the broader suburb of the UK; East of England.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Henlow||no relevant data for this city||no relevant data for this city||no relevant data for this city||15.0%|
|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 Henlow for profit in the future, in this case, looking at the data for the number of houses sold per month in Henlow would give you an idea of whether the area is actively getting new investors. This figure is 6.
It is vital you be careful with this figure however as the data can suggest something that isn’t true in Henlow. 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 kind of demographics does the city of Henlow have?
In the city of Henlow, 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 Henlow, 32.1 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 Henlow.
Are the deprivation levels of the UK any different to Henlow?
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Henlow, currently, 13% 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.
Henlow within Bedfordshire is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Henlow 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 Henlow.
What is the education level like in Henlow?
In the city of Henlow, 31% 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 Henlow is £50,100.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
What salary does the community in Henlow take home?
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.
£50,100 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 30% for Henlow.
Is the crime rate bad in the city of Henlow?
Within Henlow, the number of people committing crimes is 47 per 1000 people. This figure directly relates to the safety of residents in the area which is one of the biggest factors in whether an area is considered desirable or not.
As a result, someone looking to buy a house here hoping for it to appreciate in value or buying a house here to produce rental income should check out the crime rate and compare it carefully to the UK average of 79.52 for every 1000 people to see how safe people living there will be.
If the area’s crime rate is too high, this may result in you having to pay for the renovation of burglaries or pay a premium on home insurance as insurance companies will charge you more for living in a dangerous area. So analyse this 47 figure carefully.
In Henlow, how has the population changed?
In the UK in general and specifically in the region in question, large population sizes can be good indications that there are a lot of people in the area looking for houses for sale which can drive up demand and therefore impact the cost. You should also check to see if the population is growing in the area too to show an increasing demand, this is even better. Currently, the total population of Henlow is 6,091.
Sometimes, smaller populations can have higher buyer demand than large populations on the other hand. This is because the price of houses and hence the demand for houses is based on a variety of variables.
The most important variable is the location of the houses for sale in the city of Henlow.
In Henlow, how has the population changed over the last five years?
In the last five years, over time, the change in population size was 8%. Looking at this figure can inform you of the buyer demand for the houses for sale in the area. Read more here
This may mean that the city has now started to slow down in terms of population growth or it may mean the city is also building a lot of houses which would indicate the supply of houses for sale will be matching the demand.
Making predictions about the future growth of Henlow is hence important in making a decision if capital appreciation of your real estate investment is something you’re after as a landlord.
Comparing this figure for the 5 year growth (8%) as well as the ten year growth in the subheading below should allow you to make some accurate forecasts on the growth rate. Click here to know more on the UK population trends.
Henlow population difference over 10 years?
The population has adjusted in the area of Henlow by 16% in the most recent decade. This change is even more useful when compared alongside the figure for the five year growth of the area too.
This will tell you if the population is changing at the moment or if change is more recent. Through this a landlord can accurately look at the fluctuations in population size of the area over time and therefore better understand the trend of the houses for sale in Henlow.
To make an example, the town of Salford which is a part of Manchester has seen a 10% increase in population. house price has therefore followed.
What is the social grade score of Henlow?
The social grade score is a good indicator of what type of jobs people generally work in the area. Whether that be working in the primary sector, secondary sector, tertiary sector or maybe the quaternary sector of jobs.
The scale is slightly different to this though on a scale of A to E. A refers to people who are in the most skilled, managerial roles whereas E include people such as casual workers.
In Henlow, the percentage of people in the two highest categories, A and B is 30%. This figure includes people who are therefore most likely to be more skilled and have higher paid jobs.
When contrasting these figures, the average household income for the area is £50,100. This income will generally get bigger as the percentage of people in the A and B categories go up too (30%).
Get professional help on the houses for sale in Henlow
Finding the ideal house for sale for you
What parameters impact the final price of a house for sale in Henlow?
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.
Considering all the above data and information provided, you may want know who can help you buy a house for sale.
Lots of professionals offer property investors and first-time buyers advice and assistance in dealing with the process of acquiring a house for sale.
Below, you can find a list of professionals that come in handy when looking for houses for sale:
- Lender – Is someone capable of lending you the money you need to complete the purchase of the house for sale
- Insurer – Insurance companies provide building insurances and other financial products you need to protect your real estate assets
- Conveyancer – This professional will take care of the legal work needed when looking for a house for sale
- Surveyor – Use this professional to assess the condition of the house for sale you are willing to buy, get an independent valuation and feel more comfortable when negotiating the final price
- Mortgage broker or adviser – Different buyers can access different mortgages to buy a house for sale. Let the mortgage broker suggest to you which one is the best given your financial situation
- Energy professional – Nowadays is more important than ever, to get professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering as your next investment
Thinking about other cities with houses for sale?
Examine this short list of cities belonging to East of England, the same region where Henlow is located.
- Deeping-Gate in East of England
- Caddington in East of England
- Ashwicken in East of England
- Aldeby in East of England
- Churchgate-Street in East of England
If none of these is of your interest, we suggest you visit our landing page with all data related to the houses for sale in the UK.