How much will you pay for a house for sale in Carshalton?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in Greater London $ How much will you pay for a house for sale in Carshalton?

Carshalton 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 Carshalton.

On top of this, keep reading for detailed information on the demographics of Carshalton in London. 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 Carshalton, what do houses for sale tend to sell for?

For the city of Carshalton, the average price a house sells for is £405,792. This value usually depends on the exact location of the house within Carshalton as well as other factors like the population growth in Carshalton which is 10% over a ten-year period.

Housing category Total final sale price
Aerage sold price (detached) £734,283
Aerage sold price (semi-detached) £540,051
Aerage sold price (terraced) £378,799
Aerage sold price (flat) £280,379

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 Carshalton.

Housing category Sale price per square foot
Aerage sold price/sqft £4,850
Aerage sold price/sqft (new build) £6,140
Aerage sold price/sqft (old stock) £4,760

Generalising the bottom table, the average value per square foot of a house for sale is £4,850. This value averages all of the types of houses for sale in Carshalton. 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 Carshalton.

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

Table showing the asking prices for houses for sale in Carshalton

Average asking price (1 bed) £247,496
Average asking price (2 bed) £359,500
Average asking price (3 bed) £514,148
Average asking price (4 bed) £816,000
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 (£0) for houses for sale with this table to get a good idea as to whether Carshalton is the right area to buy a house in for you.

When speaking about the city of Carshalton, £476,985 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 Carshalton.

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.

How are rental yields of the houses for sale different to the rest of the UK in Carshalton?

Is the housing market in Carshalton growing?

The growth of an area like Carshalton can be a great indicator of a thriving city and the influx of new people can drive demand for housing and help appreciate the value of your house after you buy it.

Paying attention to the table below tells you how the number of houses has changed over time at one year, three year and five year intervals.

1 year 3 years 5 years
Carshalton growth rate 7% 21% 25%

Despite the number of houses being built rising, this may not indicate that the housing price of the houses for sale is going up. It could be the case that there are a lot of new builds in the area which are causing the supply of the houses for sale to match demand and this could cause a decline in house price as time goes on.

Make sure you do your own research specific to the city of Carshalton if you want to find out the exact reasons for the housing change.

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 Carshalton, 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)
Carshalton 4.2% £1,663 no relevant data for this city 34.0%
London 3.96% £2,001 129.93% 12.05%
Greater London 3.88% £1,899 129.14% 13.30%

Assuming that in the future you want to re-sell the house you will eventually purchased in Carshalton you might be interested in the number of sales per month (29) that happen in the local housing market. Comparing this figure for Carshalton with the above table gives you a good understanding of the profitability of the area.

What are the people like in Carshalton?

Have the people of Carshalton grown in numbers?

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 Carshalton is 37,962.

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 Carshalton.

In Carshalton, how has the population changed over the last five years?

In the last five years, over time, the change in population size was 4%. 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 Carshalton 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 (4%) 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.

Carshalton population difference over 10 years?

The population has adjusted in the area of Carshalton by 10% 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 Carshalton.

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 city of Carshalton’s social grade score?

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 Carshalton 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 Carshalton, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 20%.

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

What’s crime like in Carshalton?

For every one thousand people living in Carshalton, 93 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 93 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.

What salary does the community in Carshalton 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.

£54,700 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 20% for Carshalton.

In Carshalton, how educated are people in general?

In the city of Carshalton, 29% 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 Carshalton is £54,700. 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.

Are the people of Carshalton deprived?

The deprivation levels of the UK can vary quite a bit. High deprivation levels signal a particular area has people who are struggling to make ends meet and pay for basic living expenses. For Carshalton, in particular, the deprivation levels are 22%.

This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.

How much green space is available to residents of Carshalton?

Whether you view green space in Carshalton as important to you as a homeowner is up to your personal preferences. Having said this, there is a clear benefit on the overall health of people who live near green space as the government has stated keeping green space in proximity to people is one of the biggest factors for combating obesity.

In Carshalton, the number of acres of green space for every 1000 people currently is 15.9 which can be measured against the UK average of 1.7.

Carshalton in the county of London is notable for its specific demographics and has individual characteristics.

For localised cities and the bigger areas of the UK there are wide variations in the demographics that shape an area so the same is also true for the wider region Carshalton is located in; Greater London.

Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Carshalton, what the social grade score of the city is like and if the green space matches the recommended levels people living in the UK should have.