As a landlord, whenever you are looking at houses for sale in East Sussex, you could find varying prices throughout an area like Ashurst Wood. 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 Ashurst Wood 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 Ashurst Wood will be revealed. Keep reading.
In general, what do houses for sale sell for in Ashurst Wood?
In Ashurst Wood, the average sale price of a house for sale is in fact £392,434. This is dependent on the 10 year population growth of Ashurst Wood being 9%. Growing populations are more likely to inflate the prices of houses for sale in the city of Ashurst Wood.
| Housing category | Total final sale price |
|---|---|
| Aerage sold price (detached) | £566,867 |
| Aerage sold price (semi-detached) | £392,236 |
| Aerage sold price (terraced) | £325,775 |
| Aerage sold price (flat) | £223,971 |
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 Ashurst Wood.
| Housing category | Sale price per square foot |
|---|---|
| Aerage sold price/sqft | £3,990 |
| Aerage sold price/sqft (new build) | £3,820 |
| Aerage sold price/sqft (old stock) | £3,940 |
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 £4,290. This means if you are just looking out the houses sold in Ashurst Wood in general and didn’t take into consideration the type of build. For example, a new build.
Advice from experts on properties for sale in Ashurst Wood
Choosing the perfect house for sale for you might be challenging in today’s market due to the abundance of available houses.
You may wonder who can guide you through the process of selecting a house that is for sale.
There are several experts that provide guidance and support to potential buyers and the procedure can be drawn out, particularly when dealing with houses for sale.
Here is a list of who to contact to get assistance when purchasing a house for sale:
- Banks – The ones that can lend you the money you need for the house for sale
- Insurance companies – Companies that give you access to various insurances specific to the house for sale you are considering to buy
- Solicitor – The individual or business responsible for handling the legal tasks required to purchase a home that is for sale.
- Civil engineer – Provides you with an appraisal of the house up for sale that you want to purchase.
- Mortgage advisor – Professional advisors that will guide you and propose the best mortgage deals according to your finances
- EPC specialist – Getting professional advice on the energy performance of the house for sale is crucial, especially nowadays.
Other cities you can consider looking for with houses for sale
You can assess the various houses for sale offered in the area by consulting this list of cities in South East, the same UK region as Ashurst Wood:
- Queenborough in South East
- Bosham in South East
- Adwell in South East
- Chelwood-Gate in South East
- Burlow in South East
You may also refer to our landing page specific to UK houses for sale, houses for sale in the UK
A house for sale appropriate to your needs
When browsing houses for sale in Ashurst Wood 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 – 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
-
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.
What kind of demographics does the city of Ashurst Wood have?
What is the city of Ashurst Wood’s social grade score?
In the city of Ashurst Wood, the social grade score of the area is 29%. But what does this exactly mean? The figure refers to the proportion of people in the two highest categories of skilled jobs.
The categories are grouped from A to E shown in the table below. Overall, a high social grade score means there are more affluent people working in managerial and professional roles in the area.
This table shows the average breakdown of the UK in terms of where most people in the UK are working so you can compare it to the social grade score of Ashurst Wood.
| 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 |
Are the people of Ashurst Wood 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 Ashurst Wood, in particular, the deprivation levels are 14%.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
Ashurst Wood within East Sussex is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Ashurst Wood will be looked at by comparing it to the local region, as well as comparing it to the wider region too (South East). 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 Ashurst Wood.
Is there sufficient green space in Ashurst Wood?
Whether you view green space in Ashurst Wood 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 Ashurst Wood, the number of acres of green space for every 1000 people currently is 9.9 which can be measured against the UK average of 1.7.
Have the people of Ashurst Wood grown in numbers?
Population growth in Ashurst Wood 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 Ashurst Wood, 33,582 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 Ashurst Wood 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 Ashurst Wood, 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 Ashurst Wood?
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 9% in Ashurst Wood.
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.
How much do people in Ashurst Wood 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 Ashurst Wood, the average income is £53,300. 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.
What is the education level like in Ashurst Wood?
The number of people as a percentage who have been through university and gained a degree is 31%. The ability to buy a home is greatly influenced by the number of people who have degrees. £53,300 is the amount people in Ashurst Wood 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 Ashurst Wood, 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.
In Ashurst Wood, what is the crime rate?
The crime rate of Ashurst Wood must be looked at sceptically. The reason for this is that the crime rate can vary within a city greatly and the type of crime committed can also vary too.
For example, the area has a crime rate of 63, but another city may have a higher crime rate but not be deemed as dangerous due to lower level crime or minor offences being committed.
Either way, high crime rates are never a good sign so consider the rate against the UK average of 79.52 for every 1000 people as a benchmark.
Lower rates could mean things like home insurance is cheaper and you have to install fewer security measures throughout your house. Saving you money in the long run. So the statistic of crime rate (63) is both useful and is recommended to be compared to the average.
On average, what is the figure for the asking price of a house for sale in Ashurst Wood?
Table showing the asking prices for houses for sale in Ashurst Wood
| Average asking price (1 bed) | £216,786 |
| Average asking price (2 bed) | £330,920 |
| Average asking price (3 bed) | £474,489 |
| Average asking price (4 bed) | £690,693 |
| Average asking price (5 bed) | £912,023 |
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 Ashurst Wood is £4,590. This should show you the general prices overall and for individual types of houses too.
When speaking about the city of Ashurst Wood, £494,719 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 in Ashurst Wood would be after a larger house than someone living alone.
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.
Always consider average rental yield when searching for houses for sale in Ashurst Wood
Is the housing market in Ashurst Wood growing?
Before committing to Ashurst Wood to make a housing investment, an investor should always ask the question, what is the growth like in the area?
So take a look below at the growth patterns of the previous years displaying the percentage of new houses being built. This will help you understand how the number of houses for sale will evolve in the future.
| 1 year | 3 years | 5 years | |
|---|---|---|---|
| Ashurst Wood growth rate | 1% | 15% | 18% |
Whether housing growth actually changes the price of a house depends on if the city in question is outstripping demand with the supply of new housing. You’d have to do some more research on what rate Ashurst Wood is building housing to find your answer.
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 Ashurst Wood, the below table demonstrates this well. To make things simple, it compares these numbers to the wider region of the UK; South East. As well as East Sussex, to give a smaller scale area to compare the data to.
| Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
|---|---|---|---|---|
| Ashurst Wood | 3.0% | £1,227 | 140% | 15.0% |
| East Sussex | 3.51% | £1,258 | 139.11% | 13.90% |
| South East | 3.58% | £1,301 | 127.50% | 16.69% |
Assuming that in the future you want to re-sell the house you will eventually purchased in Ashurst Wood you might be interested in the number of sales per month (30) that happen in the local housing market. Comparing this figure for Ashurst Wood with the above table gives you a good understanding of the profitability of the area.
Recent Comments