Badshot Lea might be an interesting area to invest in when looking for a house for sale in the UK as it is a unique area in the county of Surrey.
Before looking for a house for sale in the city of Badshot Lea we strongly suggest landlords and real estate investors to research in detail and consider all involved factors. Indeed, house prices can change quite a bit depending on the square foot of the property, the number of rooms, the economic climate, the location of the house and more.
In this data heavy article the reader will be able to find out more on the topic and see the specific data to consider when evaluating different houses for sale in Badshot Lea.
What is the asking price on average of houses for sale in Badshot Lea?
Average price of houses for sale in Badshot Lea
|Average asking price (1 bed)||£245,905|
|Average asking price (2 bed)||£367,756|
|Average asking price (3 bed)||£522,970|
|Average asking price (4 bed)||£730,050|
|Average asking price (5 bed)||£1,275,000|
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 Badshot Lea is the right area to buy a house in for you.
On average, in Badshot Lea, the asking price for a house for sale in the area is £496,374.
The below table puts this figure into perspective as you can see the various average sale prices of the different type of houses for sale in Badshot Lea. From a 1 bedroom house up to a 5 bedroom house.
As you can imagine, as the price goes up, the size of a room also goes up and in general, the larger a house is, the more you can expect the sale price to be as well.
Always consider average rental yield when searching for houses for sale in Badshot Lea
Are there more or fewer houses being built in Badshot Lea?
Whenever you are thinking about looking for houses for sale in Badshot Lea, 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|
|Badshot Lea growth rate||6%||25%||20%|
As the population of Badshot Lea 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 Badshot Lea. 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 Badshot Lea.
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 (South East) and finally on the level of the city talked about in this article, Badshot Lea.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
You may also find it useful to compare the data above to the number of properties sold per month Badshot Lea experiences. This figure for house sales per month is 32. 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.
What kind of demographics does the city of Badshot Lea have?
In general, do people commit a lot of crime in Badshot Lea?
The crime rate of Badshot Lea 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 71, 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 (71) is both useful and is recommended to be compared to the average.
What salary does the community in Badshot Lea 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 (38%). 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 Badshot Lea, this works out to be £56,500. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
In Badshot Lea, how educated are people in general?
Interestingly, the percentage of people who have a degree in the city of Badshot Lea is 38%. 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 Badshot Lea is £56,500.
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.
What is a social grade score and how does this relate to Badshot Lea?
In the city of Badshot Lea, the social grade score of the area is 38%. 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 Badshot Lea.
|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|
The city of Badshot Lea, situated in Surrey, is a particularly impressive part of the UK because of the specific demographics of the location.
In the below headings, the city of Badshot Lea and its demographics will be compared to its wider location (South East). 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 Badshot Lea. So, taking a good look at the data is essential to understand the area you are considering to buy in.
How deprived is the population of Badshot Lea?
Deprivation levels refer to the ability of the population of the city to earn enough to keep their lifestyle going. Nationwide, it is thought that the number of people at this level or not being able to meet the costs of living is around 33%. In comparison, the deprivation level of Badshot Lea is 15%.
What is the population of Badshot Lea?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Badshot Lea if 29,784 and in the below heading how this population has changed will be broken down.
Like most data to do with houses, all data has to be considered holistically with multiple variables to determine if the population growth actually impacts the statistics that matter to you as a landlord in Badshot Lea such as rental yield or house appreciation.
How has the population size of Badshot Lea adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Badshot Lea by 2%. Analysing this figure is a great way to tell if there is new demand for housing or not as a decreasing figure reduces the number of people who want to buy houses. Read more here
To compare this figure over a greater period of time, you could look at the figure for the 1 year population too and compare them. This way you can see if the population has changed recently or if this 2% change has historically occurred before. Click here to know more on the UK population trends.
Over the last 10 years, how has the population size adjusted in Badshot Lea?
In the last decade, the population of Badshot Lea has been adjusted by 5%. This growth may be as a result of factors like new industries employing people or emigration and immigration balancing out to create this population change.
A precedent that shows population change in this way over decades is the region of Greater London. The capital city has grown by 27% in the past 20 years. Population growth has caused house prices to go up to price523,666 on average.
Do the people of Badshot Lea get to enjoy green space?
There are cities in the UK such as Edinburgh and Bristol that have a higher percentages of green space with Edinburgh being the most at 49%. The city of Badshot Lea currently has 22.9 for every 1000 residents.
Green space helps the quality of people’s mental health as well as fight against diseases like obesity. As studies have shown that the proximity of people to green spaces in the UK has a positive impact on the physical health of people in the UK and Badshot Lea in this case.
In general, what do houses for sale sell for in Badshot Lea?
In Badshot Lea, houses for sale are sold at an average of £455,948. 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 Badshot Lea. 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)||£643,371|
|Aerage sold price (semi-detached)||£421,529|
|Aerage sold price (terraced)||£337,717|
|Aerage sold price (flat)||£258,935|
As you can see above, for Badshot Lea, 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||£4,380|
|Aerage sold price/sqft (new build)||£4,460|
|Aerage sold price/sqft (old stock)||£4,300|
Looking at the second table about Badshot Lea, 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 Badshot Lea is £4,380.