Cuffley 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 Cuffley.
On top of this, keep reading for detailed information on the demographics of Cuffley in Hertfordshire. 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.
What are the demographics like in the city of Cuffley?
How much do people in Cuffley earn?
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 Cuffley, the average income is £50,300. 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 29% to decide on what the demographics are like in the area.
The city of Cuffley, situated in Hertfordshire, is a particularly impressive part of the UK because of the specific demographics of the location.
In the below headings, the city of Cuffley and its demographics will be compared to its wider location (Greater London). This includes population size, growth and population education now and into the future.
These statistics are heavily influenced by socio-economic factors and as a result this also shapes the projected house price of the houses for sale in Cuffley. So, taking a good look at the data is essential to understand the area you are considering to buy in.
Are the deprivation levels of the UK any different to Cuffley?
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 Cuffley, in particular, the deprivation levels are 19%.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
In Cuffley, what is the crime rate?
Within Cuffley, the number of people committing crimes is 93 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 93 figure carefully.
Is there sufficient green space in Cuffley?
In the city of Cuffley, there are 20.7 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 Cuffley is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.
Is the education level of Cuffley important when buying a house?
In the city of Cuffley, 30% 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 Cuffley is £50,300.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
In Cuffley, what is the social grade score?
In the city of Cuffley and throughout the UK, the social grade score is assessed by observing what type of jobs people have and then grouping this into a grading system.
In general, the people at the top of the scale (the A category) have the highest paid, most skilled jobs and this is just 4% of the general UK population. On the lower end of the scale, people who are on benefits, state pensions and also manual workers all are grouped into this category that represents the most unskilled.
When trying to determine if the area of Cuffley has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 29%.
Below, you can see how this compares to the National average as the average for the top two categories nationwide is 27% (Adding together the A and B categories)
|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|
Have the people of Cuffley grown in numbers?
The city of Cuffley has a total population of 29,075. Large population sizes can be good to show there is a high demand for people to buy houses in the area but a better indication is if the population of Cuffley is growing.
A small population city can also have high prices of houses for sale, because, if there is a growing population, and demand is still high, this could mean the house prices are pushed up.
Either way, a population must also be looked at in terms of the appreciation of the area as well as the rental yields and if the area really meets your needs.
The five year population change of Cuffley
Over time, in the last five years, the population of the city of Cuffley has changed by 3%. This figure can tell you a lot because a growing population indicates a house is likely to appreciate. Read more here
In addition, looking at the 10 year figure for population growth in the below paragraphs can give you further evidence as to what the change in population has been for a longer period of time. As a result, you’ll know if this 3% population change is something that has been there for a while or if it is a new trend. Click here to know more on the UK population trends.
What is the difference in population over the last 10 years in Cuffley?
In the last 10 years, there has been a shift in the population of 8%.
Comparing this to the 5 year figure of Cuffley can tell you if there is a long history of population growth or decline, if there are population fluctuations or if the trend is stable.
New industries opening up in the area, the addition of new jobs and also international and national migration might all be reasons for changes in population size. Resulting in people moving in or leaving an area.
A good example of a quick change in population was in Stratford, London in 2012. Here, there was an increase in government spending in the area because of the Olympics which resulted in massive population growth.
How are rental yields of the houses for sale different to the rest of the UK in Cuffley?
In Cuffley, how has the number of houses changed?
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 Cuffley at 1 year, 3 year and 5 year intervals:
|1 year||3 years||5 years|
|Cuffley growth rate||2%||16%||22%|
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 Cuffley 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 Cuffley.
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 Cuffley, 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 Hertfordshire, 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 Cuffley you might be interested in the number of sales per month (20) that happen in the local housing market. Comparing this figure for Cuffley with the above table gives you a good understanding of the profitability of the area.
What are the asking prices for the houses for sale in the city of Cuffley?
When investors make offers for houses for sale in Cuffley, the average price asked by the homeowners works out to be £657,864.
In the table below, for all the different sizes of houses in the area, the average asking prices have been displayed. This tells you what kind of house is more or less expensive and sought after despite houses with fewer bedrooms being overall less expensive anyway.
Any house that looks like it is overpriced for the number of bedrooms it has in Cuffley is typically not overpriced. It is just the case that that type of housing has a higher demand, therefore, people are willing to pay more.
In the city of Cuffley, 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)||£398,754|
|Average asking price (3 bed)||£634,169|
|Average asking price (4 bed)||£827,551|
|Average asking price (5 bed)||£1,313,529|
The tables should give you a generic view of what the prices of the houses for sale are like. To close things off in terms of the house asking price, the average asking price for the house for sale in the whole of Cuffley is £5,180. This should show you the general prices overall and for individual types of houses too.
In Cuffley, what do houses for sale tend to sell for?
There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Cuffley. In Cuffley, this sale price works out to be £545,022. As an example, a factor like population growth over the last 10 years which works out to be 8% in Cuffley and impacts house prices of the houses for sale.
|Housing category||Total final sale price|
|Average sold price (detached)||£772,466|
|Average sold price (semi-detached)||£535,278|
|Average sold price (terraced)||£426,027|
|Average sold price (flat)||£309,135|
Above, the exact type of house is also shown to vary in price in a table in Cuffley. 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||£5,160|
|Average sold price/sqft (new build)||£4,970|
|Average sold price/sqft (old stock)||£5,110|
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 Cuffley which is £5,170. 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.
Invest in houses for sale in Cuffley with the right professional advice
Nowadays, there are so many properties on the real estate market that it can be difficult to decide which one is the best house for sale for you.
So, who can help you navigate the process of choosing a house for sale?
The number of professionals that offer real estate investors advice and assistance is broad and when it comes to dealing with houses for sale, the process can be complex.
Find here a list of those that can help when buying a house for sale:
- Moneylender – lends you the sum of money you need to buy the house for sale you are looking for
- Insurance agent – A firm that provides several insurances and protections for the house for sale that might become your future house
- Solicitor – A person or company that will sort out the legal work needed before buying a house for sale
- Civil engineer – Also called surveyor, he or she will provide you with an independent valuation of the house for sale you are willing to buy
- Mortgage advisor – Realistically, you will need a mortgage in order to afford to buy a house for sale. Mortgage advisors will guide you and propose the best mortgage deals based on your financial records
- EPC specialist – Especially nowadays, getting professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering buying is crucial
House for sale in the same UK region
You can assess the various houses for sale offered in the area by consulting this list of cities in Greater London, the same UK region as Cuffley:
- Battersea in Greater London
- Epsom in Greater London
- Wraysbury in Greater London
- Bean in Greater London
- Avery-Hill in Greater London
You may also refer to our landing page specific to UK houses for sale, houses for sale in the UK
Choose the right house for sale that suits your needs
Criterias that have an impact on the actual price of a house for sale have been listed here below. Consider them all to find the perfect houses for sale in Cuffley.
Affordability – check this article from the UK government to find out (see what house for sale you can afford)
Location – if the house for sale is in the city centre rather than further out, this may be why it is more expensive than the market average.
Transports near the house for sale – Being able to use public transports is a huge plus for a house, especially in big cities. This will have an impact on the price as well.
Bedrooms – the more bedrooms there are in a house for sale, the more tenants a buy to let investors will be able to host, therefore, realistically the price will also increase.
EPC of the house for sale – today more than ever, the energy performance of properties for sale on the market should be one of the first things you check.
Wi-Fi speed – We recommend you check the internet plans available for the areas where you are considering to buy a house for sale
Are you a motorist? – If yes, filter out your searches and compare prices of houses for sale with parking availability. Remember, a car parking space can cost as much as £400 per month
Conditions of the house for sale – New builds and properties that were recently built usually need little to no repairs; instead, other houses for sale may require consistent or structural maintenance. These investments that can be both expensive and laborious to complete. Before making your offer for a house for sale you should always carefully assess this criteria.