Wycombe Marsh 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 Buckinghamshire.
Before looking for a house for sale in the city of Wycombe Marsh 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 Wycombe Marsh.
What’s the rental yield in general for the city of Wycombe Marsh?
Assuming you are not looking for a house for sale in a certain area because of private reasons such as being close to a family member or you have been relocated to a new office, these are some of the factors to consider in order to understand if an investment is worth your money.
Investors typically look at data such as the average rental yield, the average asking price of rent per month, rent turnover and sale turnover. These KPIs give property investors a solid idea of how the market is performing in that area.
For the city of Wycombe Marsh, the below table demonstrates this well. To make things simple, it compares these numbers to the wider region of the UK; East of England. As well as Buckinghamshire, to give a smaller scale area to compare the data to.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|East of England||3.49%||£1,148||126.76%||16.58%|
Assuming that in the future you want to re-sell the house you will eventually purchased in Wycombe Marsh you might be interested in the number of sales per month (13) that happen in the local housing market. Comparing this figure for Wycombe Marsh with the above table gives you a good understanding of the profitability of the area.
What is the growth in the housing market of Wycombe Marsh?
Whenever you are thinking about looking for houses for sale in Wycombe Marsh, 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|
|Wycombe Marsh growth rate||-14%||4%||-9%|
As the population of Wycombe Marsh 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.
House for sale in a different UK region
We have prepared a list of cities that are entirely dissimilar to the region of East of England, perfect if you are looking for somewhere similar to Wycombe Marsh but want to relocate to a different region entirely. You should then be able to evaluate the different houses for sale listed in the region:
- Astbury in East of England
- Caddington in East of England
- Begbroke in East of England
- Beattock in East of England
- Bloxwich in East of England
Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.
Choose the right house for sale that suits your needs
What parameters impact the final price of a house for sale in Wycombe Marsh?
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.
In Wycombe Marsh, what are the demographics like?
Wycombe Marsh 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, Wycombe Marsh 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 Wycombe Marsh.
In Wycombe Marsh, how has the population changed?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Wycombe Marsh if 14,064 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 Wycombe Marsh such as rental yield or house appreciation.
How has the population size of Wycombe Marsh adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Wycombe Marsh 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 Wycombe Marsh?
In the last decade, the population of Wycombe Marsh has been adjusted by 9%. 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.
In Wycombe Marsh, how educated are people in general?
In the city of Wycombe Marsh, 33% 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 Wycombe Marsh is £52,700. 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.
Is the crime rate bad in the city of Wycombe Marsh?
Within Wycombe Marsh, the number of people committing crimes is 188 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 188 figure carefully.
Is the city of Wycombe Marsh deprived?
The number of people who are deprived can have an impact on the perception of your house in the general marketplace. Additionally, if you are looking for a house to live in for the long term, you can start to picture what your neighbours and the people in your area live like financially.
If the proportion of deprivation of Wycombe Marsh is 19% and in general for the UK this figure is somewhere around 33%, you can see if this figure is something you are happy with as you search for a house to buy.
What salary does the community in Wycombe Marsh take home?
Typically, as people earn more money, the more they are able to afford and the better house prices in the area because demand goes up. You could also infer that the amenities such as schools, parks and public areas are generally of high quality as a result.
For these reasons, it could be argued that areas where people earn more money are generally nicer arrears to live in which also attracts more people as a result and further drives up house prices in the area.
To see if this phenomenon occurs in Wycombe Marsh. Compare the area’s average household income of £52,700 to the average household income in the UK at price34,000. Adding to this, compare it with the figure for the highest social grade score too at 30% for more conclusive data on the affluence of the area.
What’s a social grade score and how does it relate to Wycombe Marsh?
In the city of Wycombe Marsh, the social grade score of the area is 30%. 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 Wycombe Marsh.
|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|
In the city of Wycombe Marsh, is there a lot of green space?
In the city of Wycombe Marsh, there are 10.9 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 Wycombe Marsh is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.
Professional advice for houses for sale in Wycombe Marsh
In today’s market with an abundance of homes available for sale, choosing the best house for sale can be challenging.
With several houses for sale to choose from, who will guide you through the process of choosing?
We have listed here below several experts and companies able to advise and support potential buyers.
The process of finding and investing in a house for sale can be lengthy and time-consuming, this is why we suggest you consult with the following professionals:
- Banks – Lend you the cash
- Insurance companies – Insure your new real estate investment
- Conveyancer – handles all the legal labour that is needed to proceed in buying a house for sale.
- Surveyor – Carries out an independent and complete property valuation of the house for sale
- Mortgage advisor – If you are thinking to get a mortgage to get the finances needed to afford to buy a house for sale, a mortgage advisor is the person you should be looking for
- EPC person – Always get a quote on the Energy Performance Certificate of the houses for sale listed in a certain city
What is the final sale price of a house in Wycombe Marsh?
There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Wycombe Marsh. In Wycombe Marsh, this sale price works out to be £339,062. As an example, a factor like population growth over the last 10 years which works out to be 9% in Wycombe Marsh and impacts house prices of the houses for sale.
|Housing category||Total final sale price|
|Average sold price (detached)||£615,023|
|Average sold price (semi-detached)||£415,042|
|Average sold price (terraced)||£364,621|
|Average sold price (flat)||£232,362|
Above, the exact type of house is also shown to vary in price in a table in Wycombe Marsh. 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||£4,020|
|Average sold price/sqft (new build)||£3,980|
|Average sold price/sqft (old stock)||£4,010|
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 Wycombe Marsh which is £4,020. 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.
Asking price in Wycombe Marsh for a house for sale
On average, in Wycombe Marsh, the asking price for a house for sale in the area is £308,693.
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 Wycombe Marsh. 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 Wycombe Marsh
|Average asking price (1 bed)||£201,325|
|Average asking price (2 bed)||£276,186|
|Average asking price (3 bed)||£508,246|
|Average asking price (4 bed)||£615,413|
|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 Wycombe Marsh is £0. This should show you the general prices overall and for individual types of houses too.