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As a landlord, whenever you are looking at houses for sale in London, you could find varying prices throughout an area like Kingston upon Thames. In this article, this data will be simplified so you can find all of the data on one, convenient page.
So, from the rental yield of Kingston upon Thames to the success you may expect to get when submitting planning permission. Everything you need to know about house for sale in the UK and in Kingston upon Thames will be revealed. Keep reading.
Advice from experts on properties for sale in Kingston upon Thames
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
In Kingston upon Thames, what are the rental yields?
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 Kingston upon Thames, 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) | |
|---|---|---|---|---|
| Kingston upon Thames | £0 | £1,985 | £1 | £0 |
| London | 3.96% | £2,001.05 | 129.93% | 12.05% |
| Greater London | 0.04 | 1,898.58 | £1 | 13.30% |
Assuming that in the future you want to re-sell the house you will eventually purchased in Kingston upon Thames you might be interested in the number of sales per month (20) that happen in the local housing market. Comparing this figure for Kingston upon Thames with the above table gives you a good understanding of the profitability of the area.
In Kingston upon Thames, how has the number of houses changed?
The growth of an area like Kingston upon Thames 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 | |
|---|---|---|---|
| Kingston upon Thames growth rate | 2% | 17% | 16% |
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 Kingston upon Thames if you want to find out the exact reasons for the housing change.
Asking price in Kingston upon Thames for a house for sale
As you go ahead and make offers on a house for sale, it is sometimes best to know what other people are offering for the same type of house for sale so you know what to offer yourself to get a good deal. So you should know, the average asking price of Kingston upon Thames is £659,820.
Even though the asking price is not what the eventual price the house is sold at, making a note of the averages for the city of Kingston upon Thames is useful when negotiating and knowing what to expect for every type of house for sale.
In the city of Kingston upon Thames, what is the average asking price for the houses for sale?
| Average asking price (1 bed) | £323,854 |
| Average asking price (2 bed) | £476,493 |
| Average asking price (3 bed) | £743,166 |
| Average asking price (4 bed) | £1,033,347 |
| Average asking price (5 bed) | £1,777,510 |
After looking at this table about prices of houses for sale in Kingston upon Thames, someone who is buying a home would have a detailed understanding of what kind of house for sale is available on the market that 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 £6,613 will help them to have a more holistic understanding.
Are there any important statistics about the population of Kingston upon Thames?
How educated are the people in Kingston upon Thames?
The number of people as a percentage who have been through university and gained a degree is 48%. The ability to buy a home is greatly influenced by the number of people who have degrees. £62,733.33 is the amount people in Kingston upon Thames are earning.
As you can tell, this figure along with the number of people who have degrees roughly correlate. For reference, the percentage of people who have degrees in the UK is 22.6% and the average household income is.
As a general rule, the bigger the difference between this 22.6% figure and the percentage of people with a degree in Kingston upon Thames, the bigger the difference in the ability to earn and hence buy a house. A higher number of degrees will increase the potential for people to earn and hence the buying power of the population. This will also push up the price of houses in the area.
Nonetheless, making accurate estimates for the appreciation of homes must be done with other pieces of data in mind such as the rental yields or perhaps the crime rate of the area to name some examples.
What is the population of Kingston upon Thames?
Population growth in Kingston upon Thames is important to know if there is housing demand and the total population may also be looked at as large populations commonly have a lot of buyer demand.
In Kingston upon Thames, 101003 people live in the city as their main place of residence.
It is important to note that it is not the case that everyone likes a large population to live in. People who tend to prefer a more relaxed life are more likely to buy or rent somewhere to live that has a small population and perhaps also wouldn’t mind if the population isn’t growing.
Other people also like to have a mix of both. Where they can visit rural areas and also benefit from the amenities of a busy city.
In Kingston upon Thames in the previous five years, have population numbers transformed?
Five years may seem like a long time but it is rare for a city to grow that much unless there is dramatic population growth. In Kingston upon Thames, this change has been 4%. Read more here
Someone who wishes to find out how this change has occurred over a longer period of time may also wish to read the headings below and see if the change has continued throughout the past decade too. Or if the change is only true for the more recent figure for five years of 4%. Click here to know more on the UK population trends.
Over the last decade, how has the population differed in Kingston upon Thames?
Populations change all the time but if there is a clear change in population in the last ten years this is even more reliable data about the population of the area as opposed to five. This adjustment in population works out to be 12% in Kingston upon Thames.
What this statistic is like in comparison to the population change in five years should provide you with a comprehensive understanding of what direction the population is heading in.
In recent years because of the pandemic, it is common to see dramatic differences in the population change in the last five years when comparing it to ten as people realise they can work from home but still keep the current jobs they have.
This means they can move to cities they wouldn’t have considered otherwise and be location-independent of their source of income. Perhaps making a longer commute into the office every week for example.
Kingston upon Thames 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 Kingston upon Thames 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 Kingston upon Thames, 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.
What’s a social grade score and how does it relate to Kingston upon Thames?
The social grade of a city is useful when searching for a house for sale because it tells you what kind of jobs people have in the area. For example, there could be a lot of skilled manual workers or there could be a lot of pensioners and people on benefits.
The scale goes from a social grade of an A who are high managerial, administrative or professional workers to an E where people in this category are on state pensions, casual workers or unemployed on state benefits. The number of people in Kingston upon Thames in grades A or B which are the highest skilled roles in the country is 41%.
Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £62,733.33 is the average household income of the area. You can see how this figure is congruent with the number of people in the top two categories of the social grade at 41%.
What salary does the community in Kingston upon Thames take home?
As earning potential goes up in a city, so does the quality of schools in the area, the general infrastructure and the social grade score (41%). All in all, the area becomes a more desirable place to live in.
This is why it is vital to pay attention to how much people are making annually in any city you plan on making a house purchase in. In Kingston upon Thames, this works out to be £62,733.33. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
What’s crime like in Kingston upon Thames?
For the city of Kingston upon Thames, crime rate is at 8300%. So for every 1000 people in the area, 8300% 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.
In the city of Kingston upon Thames, is there a lot of green space?
In the UK, there are a range of cities which have a lot of green space. In some cases, green space can get as high as 49% of outdoor land like in the city of Edinburgh. When specifically talking about Kingston upon Thames, the city has 8 per 1000 residents.
This can be compared to an average of 1.7 acres of green space per 1000 residents which is the UK’s national average. It is up to you to decide how much you’ll let the amount of green space impact your buying decision in Kingston upon Thames.
Is the city of Kingston upon Thames 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 Kingston upon Thames, in particular, the deprivation levels are £0.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
A house for sale that is right for you
When browsing houses for sale in Kingston upon Thames 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.
In general, for the city of Kingston upon Thames, what are the final purchase prices for the houses for sale?
In Kingston upon Thames, the average sale price of a house for sale is in fact £577,304. This is dependent on the 10 year population growth of Kingston upon Thames being 12%. Growing populations are more likely to inflate the prices of houses for sale in the city of Kingston upon Thames.
| Housing category | Total final sale price |
|---|---|
| Aerage sold price (detached) | £1,095,662 |
| Aerage sold price (semi-detached) | £720,277 |
| Aerage sold price (terraced) | £610,709 |
| Aerage sold price (flat) | £377,758 |
The list below is able to inform you of what these prices are. Giving you an accurate estimate of whether a landlord is likely to accept your offer based on the prices of the houses for sale in Kingston upon Thames.
| Housing category | Sale price per square foot |
|---|---|
| Aerage sold price/sqft | £6,147 |
| Aerage sold price/sqft (new build) | £6,647 |
| Aerage sold price/sqft (old stock) | £6,023 |
Evidently, certain types of houses for sale will have different types of demand and this will be reflected on the final price.
On average, the cost of a house for sale per square foot works out to be £6,377. This means if you are just looking out the houses sold in Kingston upon Thames in general and didn’t take into consideration the type of build. For example, a new build.
House for sale in a different UK region
If you are looking for a list of cities that are different to the City of Kingston upon Thames and in different UK region to Greater London. You might want to consider these as alternatives for your next real estate investment:
- coed-y-paen in Greater London
- bladon in Greater London
- cardiff in Greater London
- adsborough in Greater London
- boston-spa in Greater London
Or, visit our dedicated page on the houses for sale data for the whole of the UK which will allow you to pick based on where you think you want to live or invest – houses for sale in the UK.
Frequently Asked Questions
Is it possible to renovate a property in Kingston upon Thames?
Kingston upon Thames is likely to be a great place for revamping property if there is a lot of greenlit planning permission. The are 23 each month, attaining a success rate of nan and a total population of 101003. You can find out if this is above or below similar areas in the UK by comparing it to a nearby place
In Kingston upon Thames, how many property sales per month are there?
The city of Kingston upon Thames sees around 20 property transactions every month, while the nationwide figure for the whole of the United Kingdom stands at roughly 1.1 million property sales.
What’s the year-over-year population change in Kingston upon Thames or similar cities?
To work out how the population of Kingston upon Thames has changed over time, you can look at the population change over a decade which is 12% and the change in a five year period two which falls at 4%. Compare the two and look at the population growth or decline in recent times to really make sure you have a good understanding of the population
What are the asking rates for houses for sale in the surrounding area of Kingston upon Thames?
The average asking price of a house in Kingston upon Thames is currently £6,613 based on the average price per square foot.
Is purchasing a house in Kingston upon Thames considered a costly decision?
Ascertain the costliness of a property by examining a listed house for sale in relation to the prevailing average selling prices. In Kingston upon Thames, this stands at £577,304, whereas the UK’s mean is £286,500.
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