Beddington Corner 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 Beddington Corner.
On top of this, keep reading for detailed information on the demographics of Beddington Corner in London. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.
House for sale in a different UK region
We have prepared a list of cities that are entirely dissimilar to the region of Greater London, perfect if you are looking for somewhere similar to Beddington Corner 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:
- botley in Greater London
- abbey-st-bathans in Greater London
- wolferlow in Greater London
- borthwick in Greater London
- bwlch-y-sarnau in Greater London
Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.
What is the final sale price of a house in Beddington Corner?
For the city of Beddington Corner, the average price a house sells for is £385,202. This value usually depends on the exact location of the house within Beddington Corner as well as other factors like the population growth which is 4% over a ten-year period.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£504,154|
|Aerage sold price (semi-detached)||£448,007|
|Aerage sold price (terraced)||£428,616|
|Aerage sold price (flat)||£272,153|
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 Beddington Corner.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£4,700|
|Aerage sold price/sqft (new build)||£5,220|
|Aerage sold price/sqft (old stock)||£4,610|
Generalising the bottom table, the average value per square foot of a house for sale is £4,900. This value averages all of the types of houses for sale in Beddington Corner. 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 Beddington Corner.
Bear in mind that if you are a landlord looking to buy a property to rent, you will also run into other expenses like letting agent fees and the cost of listing your property for sale on Rightmove in your city.
Always consider average rental yield when searching for houses for sale in Beddington Corner
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 Beddington Corner, the below table demonstrates this well. To make things simple, it compares these numbers to the wider region of the UK; Greater London. As well as London, to give a smaller scale area to compare the data to.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
Assuming that in the future you want to re-sell the house you will eventually purchased in Beddington Corner you might be interested in the number of sales per month (19) that happen in the local housing market. Comparing this figure for Beddington Corner with the above table gives you a good understanding of the profitability of the area.
Is the housing market in Beddington Corner growing?
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 Beddington Corner that shows the growth in recent years.
|1 year||3 years||5 years|
|Beddington Corner growth rate||-4%||8%||13%|
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 Beddington Corner is important.
In Beddington Corner, what is the asking price in general for a house for sale?
Table showing the asking prices for houses for sale in Beddington Corner
|Average asking price (1 bed)||£278,914|
|Average asking price (2 bed)||£340,670|
|Average asking price (3 bed)||£495,129|
|Average asking price (4 bed)||£571,661|
|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 (£5,100) for houses for sale with this table to get a good idea as to whether Beddington Corner is the right area to buy a house in for you.
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 Beddington Corner 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 £420,358.
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 Beddington Corner.
Get professional help on the houses for sale in Beddington Corner
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
In Beddington Corner, what are the demographics like?
How much do people in Beddington Corner earn?
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.
£49,000.00 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 16% for Beddington Corner.
Beddington Corner within London is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Beddington Corner will be looked at by comparing it to the local region, as well as comparing it to the wider region too (Greater London). 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 Beddington Corner.
What’s the crime rate in Beddington Corner?
For every one thousand people living in Beddington Corner, 10900% 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 10900% 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.
How educated are the people in Beddington Corner?
In the city of Beddington Corner, 26% 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 Beddington Corner is £49,000.00.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
How deprived is the population of Beddington Corner?
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 Beddington Corner is £0 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.
How much green space is available to residents of Beddington Corner?
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 Beddington Corner currently has 14 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 Beddington Corner in this case.
What is a social grade score and how does this relate to Beddington Corner?
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 Beddington Corner, the percentage of people in the two highest categories, A and B is 16%. 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 £49,000.00. This income will generally get bigger as the percentage of people in the A and B categories go up too (16%).
In the city of Beddington Corner, has the population grown or shrunk?
In total, the number of people in Beddington Corner is 58286. This figure can be used to estimate the appreciation of the houses but it is also important you look at the population growth figure in order to make this more accurate.
Whether a large population benefits you as a landlord is dependent on what you want from a home. A large population is great if you have children who prefer the bustle of crowds in cities but there are also those who purposely want to buy somewhere rural.
You may also be able to find a balance of both where there are shops, restaurants and entertainment and also rural areas all within a short distance which may be the case ni Beddington Corner, depending on where exactly you are.
How has Beddington Corner changed in the past five years?
Five years provides enough time for a city to grow dramatically. It may be the case that the population grows or shrinks but the city of Beddington Corner has changed by 0%. Read more here
It is also helpful to compare this data to a longer time period like 10 years like in the below subheading. If the population trend of growth or decline has been there for a longer period of time you’ll be able to tell if 0% is a recent change or not.
Click here to know more on the UK population trends.
In the last decade, what is the difference in population in Beddington Corner?
4% has been the population growth change in the past 10 years.
Usually, this is more of a conservative figure compared to the five year change of a city.
Industrial changes can also be the reason for this shift but it could also be due to immigration or emigration. Bringing people in or out of the area.
The recent global pandemic has also shifted the number of people living in cities as people realise they can now work remotely. It may be that the people of a Beddington Corner have seen a more desirable way of working, moving to make themselves more comfortable in their careers.
For example, the population of the South west of England has seen a massive increase in population because workers want to move there to benefit from the slightly better weather, lower house prices and also the rural area. Nonetheless, they can also benefit from travelling to the capital city of the UK, London.
A house for sale appropriate to your needs
When browsing houses for sale in Beddington Corner 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 – it 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. Especially if you are renting the property as this will impact your business costs. Whether that be in an excluded tenancy agreement or a more common, assured shorthold tenancy.
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.