Byfleet – What to look for in houses for sale?

Byfleet 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 Surrey.
Before looking for a house for sale in the city of Byfleet 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 Byfleet.

What are the people like in Byfleet?

Is the crime rate bad in the city of Byfleet?

For the city of Byfleet, crime rate is at 91. So for every 1000 people in the area, 91 commit a crime which is prosecuted. Paying close attention to this figure of crime rate is not only important for the value of a house but also to calculate the maintenance cost of owning a house and how attractive an area can be for future buyers.

So, compare it to the nationwide average of 79.52 per 1000 people and consider if you are happy with this figure based on the price you’re paying for a house you’re interested in.

On top of this, houses that are in areas where there is a high crime rate tend to have to pay higher insurance rates, costing a homeowner in the long term.

Additionally, paying for further security on a house such as CCTV or potentially gates and fences that deter thieves may be necessary for an area with a high crime rate.

How much are those living in Byfleet earning?

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 Byfleet, the average income is £60,600. 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 34% to decide on what the demographics are like in the area.

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

Most of the time, the social grade score of a city is what it takes to determine what the economic levels are like as this score refers to what type of jobs the people of the area generally work as. So, from highly skilled, managerial roles, to the manual labour workers of the UK, how does Byfleet compare?

At the highest end of the scale (A) jobs that are managerial administrative or professional are all lumped into this category. On the other hand, there is the lowest grade (E) where workers who are on benefits, state pensions or work casual jobs fall into.

In Byfleet, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 34%.

So you can compare this data, here is the estimated grouping of the social grades of the UK for the general population. Adding the two highest categories of A and B and comparing this percentage to the high social grade score which combines A and B should give you a good comparison.

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

How much green space is available to residents of Byfleet?

In the city of Byfleet, there are 39.8 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 Byfleet is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.

Have the people of Byfleet grown in numbers?

Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Byfleet if 13,236 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 Byfleet such as rental yield or house appreciation.

How has the population size of Byfleet adjusted in the last 5 years?

In the previous five years there has been a change in the number of people of Byfleet by -1%. 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 -1% 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 Byfleet?

In the last decade, the population of Byfleet has been adjusted by 2%. 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.

For the city of Byfleet, what is the education level?

Interestingly, the percentage of people who have a degree in the city of Byfleet is 35%. Most of the time, the more people that have a degree, the higher the average household income and the more likely someone is to be able to afford to purchase a house. For example, the average income of the citizens in the area of Byfleet is £60,600.

Generally, areas with high numbers of people with a degree are also areas with more people likely to be home owners and therefore the value of houses and relative prices of the houses for sale are more likely to go up too.

Nonetheless, making predictions about the appreciation of a house also has to be considered alongside other factors like population growth and the rental yields of the area.

However, most of the time, being educated is a good indication of affluence with 82% of people graded a first in tertiary education going on to eventually own a house.

Are the deprivation levels of the UK any different to Byfleet?

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 Byfleet is 15% 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.

Byfleet within Surrey is notable for the type of people that live there. The statistics below show how this is the case.

As you read on, Byfleet 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 Byfleet.

In Byfleet, what are the rental yields?

Are there more or fewer houses being built in Byfleet?

Before making an investment and move forward with buying a house for sale, another important set of data an investor should analyse is the growth trends of the area in question.

Below are the forecasted growth rates for the city of Byfleet at 1 year, 3 year and 5 year intervals:

	1 year	3 years	5 years
Byfleet growth rate	-3%	12%	17%

Examine this figure carefully as the addition of a lot of new houses to meet demand could mean that house price of the houses for sale in Byfleet gradually reduces with an increase in the housing supply. This could be a good indicator to understand if your house will appreciate or not. Too many houses and too much supply could drive down the prices of homes or stagnate them. So be sure to check out what is exactly happening in Byfleet.

Let’s consider that you’re not looking to buy a house for sale to live in for the long term future such as if you changed location with your family and want to settle down and you want to find somewhere to buy as an investor in Byfleet. If this is the case, rental yield is a crucial statistic to consider.

If looking to invest, you should also consider other data about the area. The average rental income, the turnover of the sale of the house and what the net rental yields are like for the area do also have an impact on the final price of houses for sale in Byfleet.

It is clear to see from the table below that there is a difference between all of these pieces of information and how they can be compared and contrasted on a county level (Surrey), a regional level (Greater London) and finally on the level of the city talked about in this article, Byfleet.

	Average Yield	Average Asking rent	Turnover (rental)	Turnover (sale)
Byfleet	3.4%	£1,354	no relevant data for this city	18.0%
Surrey	3.38%	£1,657	117.61%	16.05%
Greater London	3.88%	£1,899	129.14%	13.30%

You may also find it useful to compare the data above to the number of properties sold per month Byfleet experiences. This figure for house sales per month is 15. Looking at all this information holistically is what a smart investor should do when deciding on the right area for investment before looking for houses for sale.

What is the final sale price of a house in Byfleet?

There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Byfleet. In Byfleet, this sale price works out to be £434,777. As an example, a factor like population growth over the last 10 years which works out to be 2% in Byfleet and impacts house prices of the houses for sale.

Housing category	Total final sale price
Average sold price (detached)	£752,360
Average sold price (semi-detached)	£441,709
Average sold price (terraced)	£388,350
Average sold price (flat)	£258,857

Above, the exact type of house is also shown to vary in price in a table in Byfleet. 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	£4,530
Average sold price/sqft (new build)	£5,550
Average sold price/sqft (old stock)	£4,480

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 Byfleet which is £4,530. 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.

What is the asking price on average of houses for sale in Byfleet?

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 Byfleet 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 £478,383.

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 Byfleet.

Table showing the asking prices for houses for sale in Byfleet

Average asking price (1 bed)	£207,039
Average asking price (2 bed)	£354,993
Average asking price (3 bed)	£492,945
Average asking price (4 bed)	£1,014,639
Average asking price (5 bed)	no relevant data for this city

After looking at this table about prices of houses for sale in Byfleet, someone who is buying a home would be able to know in great detail what kind of house for sale available on the market best suits the amount of money they are looking to invest. Also, using a more general figure like the average asking price per square foot of a property which is £0 will help them to have a more wholistic understanding.

Who can help you buy a house for sale in Byfleet?

houses for sale in other cities in the UK

See here below a list of cities in the same UK region of Byfleet which is Greater London. You might want to consider these as alternatives for your next real estate investment:

• Bow in Greater London
• Barkingside in Greater London
• Egham-Hythe in Greater London
• Ealing in Greater London
• Bermondsey in Greater London

Or, visit our dedicated page on the houses for sale data for the whole of the UK – houses for sale in the UK.

Finding the ideal house for sale for you

Many criteria impact the price of houses for sale in Byfleet.
Here below are the most important ones according to Lofti’s expertise:

• Affordability – (see what house for sale can you afford?)

  A guide from the UK government

• House Location – The borough and region of the UK you want to invest in is an important factor to consider when looking for a home for sale.

• Transport – Commuting can be a waste of time. Minimise it by checking how long it will take from the house for sale you’re interested in, to your office before considering buying

• Number of bedrooms – The number of bedrooms goes hand in hand with the house for sale price. If you are buying for the long period try to think if you might need an extra bedroom

• Energy performance of the house for sale – The difference between an EPC rating of A and an EPC rating of G can impact your monthly utility bills, consider this when evaluating houses for sale.

• Internet connection – Being able to take video calls from your home is crucial nowadays, always check the broadband of the area when browsing houses for sale

• Car park – Ask the property seller for parking availability. If it is included in the price of the house for sale, you can justify paying more than you would at first glance

• Conditions of the house for sale – Repair works can be expensive and take a lot of time, assess the conditions of the houses listed for sale before making an official offer.

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