As a landlord, whenever you are looking at houses for sale in Surrey, you could find varying prices throughout an area like Thames Ditton. 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 Thames Ditton 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 Thames Ditton will be revealed. Keep reading.
In general, what do houses for sale sell for in Thames Ditton?
In Thames Ditton, houses for sale are sold at an average of £692,021. In general, multiple factors impact this figure because lots of variables impact properties valuation. This can include the quality of the buildings in general, whether the population has grown, if there is demand for housing or if there is a low crime rate which would make the area more desirable.
In the table below, you can see for yourself how the average price of a house for sale looks based on the different sizes of housing in Thames Ditton. The exact amount of variation between the types of housing depends on the local demand for particular types of houses in the area.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£1,119,240|
|Aerage sold price (semi-detached)||£830,713|
|Aerage sold price (terraced)||£618,143|
|Aerage sold price (flat)||£369,595|
As you can see above, for Thames Ditton, price varies based on the type of house that is being sold. If these prices shock you it could be due to population change in the last 10 years of 5% where lots of movement may inflate or deflate house prices.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£6,190|
|Aerage sold price/sqft (new build)||£6,270|
|Aerage sold price/sqft (old stock)||£6,120|
Looking at the second table about Thames Ditton, you are able to tell which type of housing is most affordable to you as a buyer. However, for a general overview of what house price is, the average price per square foot for a house in Thames Ditton is £6,190.
Finding the ideal house for sale for you
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 Thames Ditton.
- 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.
House for sale in a different UK region
If you are looking for similar places to buy a house that are just like Thames Ditton, examine this short list of cities below from outside of the region of Greater London for some inspiration.
- balmullo in Greater London
- clenchwarton in Greater London
- chalgrove in Greater London
- burnley in Greater London
- queenborough in Greater London
If none of these suit your interest, we suggest you visit our page with all of the relevant data concerning houses for sale in the UK, allowing you to buy the right property.
Or, consider buying a leasehold property instead which may be cheaper. However, you will also have to learn what will happen when a leasehold expires so you know how to deal with this side of the law.
Invest in houses for sale in Thames Ditton with the right professional advice
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
What kind of demographics does the city of Thames Ditton have?
Is the city of Thames Ditton deprived?
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Thames Ditton, currently, £0 people fall into this category.
Measuring this statistic against the nationwide average of 33% should give you a pretty good idea of where the city lies in the scale of poverty in the area.
What is the social grade score of Thames Ditton?
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 Thames Ditton 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 Thames Ditton, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 0.52.
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|
In the city of Thames Ditton, the demographics are unique and must be looked at by themself to make a conclusion about the area before buying a house. This is because the growth could be greatly different to the wider area of Surrey for example.
These demographics for Thames Ditton may impact the price of a house, how this house grows over time and the profitability of a house if you are buying it for an investment so knowing the area is crucial for a landlord making a purchasing decision in the city of Thames Ditton in Greater London.
For the city of Thames Ditton, what is the education level?
Interestingly, the percentage of people who have a degree in the city of Thames Ditton is 52%. 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 Thames Ditton is £77,700.00.
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.
In Thames Ditton, how has the population changed?
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 Thames Ditton is 10284.
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 Thames Ditton.
In Thames Ditton, how has the population changed over the last five years?
In the last five years, over time, the change in population size was 1%. 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 Thames Ditton 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 (1%) 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.
Thames Ditton population difference over 10 years?
The population has adjusted in the area of Thames Ditton by 5% 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 Thames Ditton.
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.
Are the people in Thames Ditton earning a lot?
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 (0.52). 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 Thames Ditton, this works out to be £77,700.00. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
How much green space is available to residents of Thames Ditton?
In the city of Thames Ditton, there are 16 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 Thames Ditton is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.
Is the crime rate bad in the city of Thames Ditton?
In Thames Ditton, for every 1000 people, there is currently a crime rate of 66. This can be compared to the national average of 79.52 for every 1000 people.
Low crime rates are desirable for your safety as a homeowner. Even if you don’t tend to leave the house too often and tend to not mind living in a slightly more dangerous area. Things like burglaries are always a possibility which could harm your ability to pay for home insurance and also may force you to install additional security in your home that can cost you further.
Having said this, you can look at the crime rate on a deeper level to find out what the threats are exactly. It could be the case that a proportion of these crimes (66 for every 1000 people) come from things like anti-social behaviour rather than more serious crimes like violence and sexual offences.
If this is the case you may be more willing to look over a high crime rate within the areas you’re looking to buy a home.
In Thames Ditton, what are the rental yields?
Are there new houses being built in Thames Ditton to make it grow?
Whenever you are thinking about looking for houses for sale in Thames Ditton, think about how the city is growing and how this may impact the overall growth of the area.
Comparing the growth at different time periods would be a great way to assess whether the growth has slowed down, remained the same or perhaps stagnated over the years.
|1 year||3 years||5 years|
|Thames Ditton growth rate||16%||14%||18%|
As the population of Thames Ditton grows, this may also push up the price of the houses for sale. More people would be looking to buy homes and permanently live in the area. This demand helps a home appreciate. However, this isn’t always true because some cities build a lot of houses too to match the supply.
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 Thames Ditton. 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 Thames Ditton.
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, Thames Ditton.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Thames Ditton||£0||£2,067||no relevant data for this city||£0|
You may also find it useful to compare the data above to the number of properties sold per month Thames Ditton experiences. This figure for house sales per month is 5. 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.
Asking price in Thames Ditton for a house for sale
When investors make offers for houses for sale in Thames Ditton, the average price asked by the homeowners works out to be £706,930.
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 Thames Ditton 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.
The average asking price for the houses for sale in the city of Thames Ditton
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£469,098|
|Average asking price (3 bed)||£811,660|
|Average asking price (4 bed)||£1,151,246|
|Average asking price (5 bed)||no relevant data for this city|
The tables should give you a generic view of what the prices of the houses for sale are like. To close things off, the average asking price for the house for sale in the whole of Thames Ditton is £0. This should show you the general prices overall and for individual types of houses too.
Frequently Asked Questions (FAQ)
Is it possible to renovate a property in Thames Ditton?
Every single month in Thames Ditton, there are 13 planning applications, of which 78% result in a success. Look at this in terms of the population size of 10284 to work out if you think you’d have good planning success if you were to renovate.
What’s the number of property sales each month in Thames Ditton?
5 property transactions are reported in Thames Ditton each month, alongside a broader picture of approximately 1.1 million property sales across the UK.
How does the population in a city like Thames Ditton change annually?
When evaluating the population trajectory of Thames Ditton, explore the decade-spanning population shift of 5% and the five-year modification of population of 1%. By drawing comparisons, see if demographic changes in your chosen area is
What is the asking price for houses for sale in the wider region of Thames Ditton?
The current average price per square foot for a house in Thames Ditton stands at £0, considering the mean cost for each square foot of houses for sale there.
Is a house for sale in Thames Ditton an expensive choice?
Determine whether a property is expensive by comparing a list of houses for sale to the prevailing average selling prices. In Thames Ditton, this figure stands at £692,021, while the UK average is £286,500.