How much will you pay for a house for sale in Baldslow?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in the South East $ How much will you pay for a house for sale in Baldslow?

Baldslow 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 Baldslow.

On top of this, keep reading for detailed information on the demographics of Baldslow in East Sussex. 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 is the final sale price of a house in Baldslow?

For the city of Baldslow, the average price a house sells for is £240,521. This value usually depends on the exact location of the house within Baldslow as well as other factors like the population growth in Baldslow which is 3% over a ten-year period.

Housing category Total final sale price
Aerage sold price (detached) £361,653
Aerage sold price (semi-detached) £270,948
Aerage sold price (terraced) £231,946
Aerage sold price (flat) £148,810

The above table puts this figure into perspective as you can see the various average sale prices of a house for the specific type of house you’re most interested in. This comparison is important because the type of house you’re considering to buy may be more or less in demand based on variations in supply and demand in the city of Baldslow.

Housing category Sale price per square foot
Aerage sold price/sqft £2,750
Aerage sold price/sqft (new build) £3,130
Aerage sold price/sqft (old stock) £2,620

Generalising the bottom table, the average value per square foot of a house for sale is £2,750. This value averages all of the types of houses for sale in Baldslow. So, if you’re not sure what type of house you want specifically, you can still get an idea of the real estate market of Baldslow.

On average, what is the figure for the asking price of a house for sale in Baldslow?

Table showing the asking prices for houses for sale in Baldslow

Average asking price (1 bed) £164,900
Average asking price (2 bed) £226,043
Average asking price (3 bed) £354,754
Average asking price (4 bed) £481,818
Average asking price (5 bed) no relevant data for this city

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 Baldslow is the right area to buy a house in for you.

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 Baldslow is £304,720.

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 Baldslow is useful when negotiating and knowing what to expect for every type of house for sale.

Always consider average rental yield when searching for houses for sale in Baldslow

Is the housing market in Baldslow growing?

Whenever you are thinking about looking for houses for sale in Baldslow, 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
Baldslow growth rate 4% 21% 28%

As the population of Baldslow 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.

If you’re buying a house for investment rather than for the reason to live in the house over time and use the house as a place to stay in the long term, there is a need to look at the rental yield figure to see if the house for sale you are considering to buy is a good investment or not.

This figure is usually looked at by investors as well as the rental income of the area, the sale turnover and the rent turnover.

The table below represents this data and compares Baldslow to East Sussex and the broader suburb of the UK; South East.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Baldslow 3.8% £958 132% 14.0%
East Sussex 3.51% £1,258 139.11% 13.90%
South East 3.58% £1,301 127.50% 16.69%

Let’s assume you want to sell the house you’re looking to buy in Baldslow for profit in the future, in this case, looking at the data for the number of houses sold per month in Baldslow would give you an idea of whether the area is actively getting new investors. This figure is 21.

It is vital you be careful with this figure however as the data can suggest something that isn’t true in Baldslow. To give an example, a lot of people buying new houses could also indicate there are a lot of new first time buyers in the area which would in fact drive down the rental yield.

The more people there are interested in renting, rather than buying, the more likely that area of the UK has high rental yields and hence investors like these areas to invest in to create a large amount of cash flow.

In Baldslow, what are the demographics like?

Do the people of Baldslow get to enjoy 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 Baldslow, the city has 14.9 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 Baldslow.

Baldslow 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, Baldslow 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 Baldslow.

How deprived is the population of Baldslow?

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 Baldslow is 31%.

In the city of Baldslow, has the population grown or shrunk?

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 Baldslow is 20,670.

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 Baldslow.

In Baldslow, 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 Baldslow 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.

Baldslow population difference over 10 years?

The population has adjusted in the area of Baldslow by 3% 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 Baldslow.

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.

What’s crime like in Baldslow?

Within Baldslow, the number of people committing crimes is 146 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 146 figure carefully.

How much do people in Baldslow earn?

While not always the case, the amount people earn can be associated with better schools in the area and perhaps a nicer environment to live in.

£35,800 is the average household income of the area. And the higher this figure is the more likely it is that there is a higher percentage of people with a social grade score in the A or B categories which is 15% for Baldslow.

What is the education level like in Baldslow?

The number of people as a percentage who have been through university and gained a degree is 20%. The ability to buy a home is greatly influenced by the number of people who have degrees. £35,800 is the amount people in Baldslow 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 Baldslow, 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’s a social grade score and how does it relate to Baldslow?

The social grade score is a good indicator of what type of jobs people generally work in the area. Whether that be working in the primary sector, secondary sector, tertiary sector or maybe the quaternary sector of jobs.

The scale is slightly different to this though on a scale of A to E. A refers to people who are in the most skilled, managerial roles whereas E include people such as casual workers.

In Baldslow, the percentage of people in the two highest categories, A and B is 15%. This figure includes people who are therefore most likely to be more skilled and have higher paid jobs.

When contrasting these figures, the average household income for the area is £35,800. This income will generally get bigger as the percentage of people in the A and B categories go up too (15%).