Whenever looking for a house for sale in the UK or in Bapchild, it is vital you look at the market trends and house price fluctuations in the wider area of Kent too. House prices of houses for sale can change even among different streets very close to each other so, as a landlord, it would be a good idea to be familiar with the area of Bapchild.
In this article, we will be looking at the city of Bapchild in detail so you know how to navigate the area and have a better understanding on where to invest.
Asking price in Bapchild for a house for sale
Average asking prices for houses for sale in Bapchild
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£280,455|
|Average asking price (3 bed)||£430,000|
|Average asking price (4 bed)||£578,478|
|Average asking price (5 bed)||£765,714|
After looking at this table about prices of houses for sale in Bapchild, someone who is buying a home would be able to know in great detail what kind of house for sale available on the market 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 £3,870 will help them to have a more wholistic understanding.
When investors make offers for houses for sale in Bapchild, the average price asked by the homeowners works out to be £465,694.
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 Bapchild 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.
In Bapchild, what do houses for sale tend to sell for?
There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Bapchild. In Bapchild, this sale price works out to be £334,728. As an example, a factor like population growth over the last 10 years which works out to be 12% in Bapchild and impacts house prices of the houses for sale.
|Housing category||Total final sale price|
|Average sold price (detached)||£462,999|
|Average sold price (semi-detached)||£300,949|
|Average sold price (terraced)||£246,128|
|Average sold price (flat)||£158,462|
Above, the exact type of house is also shown to vary in price in a table in Bapchild. You may think that the bigger the house is the more expensive, but actually, this table is more based on the demand for the properties in each category.
|Housing category||Sale price per square foot|
|Average sold price/sqft||£3,230|
|Average sold price/sqft (new build)||£3,250|
|Average sold price/sqft (old stock)||£3,100|
In addition, here is the price per square foot. By taking this data and doing an average, it is also possible to work out the average square foot of houses in Bapchild which is £3,550. From here you can get a sense of the price of the overall housing market and therefore, also find out the prices of the houses for sale.
In Bapchild, what are the rental yields?
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 Bapchild. 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 Bapchild.
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 (Kent), a regional level (South East) and finally on the level of the city talked about in this article, Bapchild.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Bapchild||2.6%||£1,013||no relevant data for this city||19.0%|
You may also find it useful to compare the data above to the number of properties sold per month Bapchild experiences. This figure for house sales per month is 20. 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.
Is the housing market in Bapchild growing?
Growth in the area can be a good signal of a booming house market. However, too much growth could also have negative consequences on the capital appreciation of a house as time goes on.
Take a look at the table below for Bapchild that shows the growth in recent years.
|1 year||3 years||5 years|
|Bapchild growth rate||2%||15%||28%|
High growth rates can signal an appreciating housing market, nonetheless, if there are too many houses being built, this could reduce demand for housing as the supply of houses for sale starts to catch up with the demand. Leading to stagnation or a decline in house pricing so understanding the growth in Bapchild is important.
What kind of demographics does the city of Bapchild have?
What’s the crime rate in Bapchild?
For every one thousand people living in Bapchild, 82 commits crimes and are prosecuted. Coming to a conclusion as to whether all the other factors of your house purchase like the house price justify this figure when contrasting it with the UK average of 79.52 is something you should do as a homeowner.
It could be that the crime rate is higher than you expected but there it is worth the population growth, appreciation of the house and worth the relative price you are purchasing the house for.
Nonetheless, the crime rate of 82 is not a statistic that should just be ignored as you could have to pay more for things like home insurance and install additional security on your house if the rate is particularly high.
Either way, burglaries are not something you would want to encounter in a house. Whether that be a house you are living in or a house you are renting out to tenants.
What’s a social grade score and how does it relate to Bapchild?
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 Bapchild, the percentage of people in the two highest categories, A and B is 24%. 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 £48,500. This income will generally get bigger as the percentage of people in the A and B categories go up too (24%).
In Bapchild, how has the population changed?
The city of Bapchild has a total population of 20,627. Large population sizes can be good to show there is a high demand for people to buy houses in the area but a better indication is if the population of Bapchild is growing.
A small population city can also have high prices of houses for sale, because, if there is a growing population, and demand is still high, this could mean the house prices are pushed up.
Either way, a population must also be looked at in terms of the appreciation of the area as well as the rental yields and if the area really meets your needs.
The five year population change of Bapchild
Over time, in the last five years, the population of the city of Bapchild has changed by 6%. This figure can tell you a lot because a growing population indicates a house is likely to appreciate. Read more here
In addition, looking at the 10 year figure for population growth in the below paragraphs can give you further evidence as to what the change in population has been for a longer period of time. As a result, you’ll know if this 6% population change is something that has been there for a while or if it is a new trend. Click here to know more on the UK population trends.
What is the difference in population over the last 10 years in Bapchild?
In the last 10 years, there has been a shift in the population of 12%.
Comparing this to the 5 year figure of Bapchild can tell you if there is a long history of population growth or decline, if there are population fluctuations or if the trend is stable.
New industries opening up in the area, the addition of new jobs and also international and national migration might all be reasons for changes in population size. Resulting in people moving in or leaving an area.
A good example of a quick change in population was in Stratford, London in 2012. Here, there was an increase in government spending in the area because of the Olympics which resulted in massive population growth.
Are the deprivation levels of the UK any different to Bapchild?
The number of people who are deprived can have an impact on the perception of your house in the general marketplace. Additionally, if you are looking for a house to live in for the long term, you can start to picture what your neighbours and the people in your area live like financially.
If the proportion of deprivation of Bapchild is 23% and in general for the UK this figure is somewhere around 33%, you can see if this figure is something you are happy with as you search for a house to buy.
Is there sufficient green space in Bapchild?
Whether you view green space in Bapchild 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 Bapchild, the number of acres of green space for every 1000 people currently is 27.9 which can be measured against the UK average of 1.7.
How educated are the people in Bapchild?
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. £48,500 is the amount people in Bapchild 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 Bapchild, 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 salary does the community in Bapchild 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 (24%). 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 Bapchild, this works out to be £48,500. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
Located in Kent is the city of Bapchild, in a large part of the UK; South East. Before you look for houses for sale in this area, it is a reasonable question to ask what the people who live there are like.
Below, the population of Bapchild has been dissected in terms of if the population is educated, what the crime rates are like and much more. All important factors to consider before making a house purchase among the offer of the houses for sale.
The knowledge below is based on a lot of different variables relevant to the city of Bapchild which impacts the profitability of making an investment here or how desirable buying a house to live in is if you want to live on a permanent basis.