Beauworth 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 Hampshire.
Before looking for a house for sale in the city of Beauworth 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 Beauworth.
Why you should consider the average rental yield when searching for houses for sale in Beauworth
Are there more or fewer houses being built in Beauworth?
The growth of an area like Beauworth can be a great indicator of a thriving city and the influx of new people can drive demand for housing and help appreciate the value of your house after you buy it.
Paying attention to the table below tells you how the number of houses has changed over time at one year, three year and five year intervals.
|1 year||3 years||5 years|
|Beauworth growth rate||9%||19%||17%|
Despite the number of houses being built rising, this may not indicate that the housing price of the houses for sale is going up. It could be the case that there are a lot of new builds in the area which are causing the supply of the houses for sale to match demand and this could cause a decline in house price as time goes on.
Make sure you do your own research specific to the city of Beauworth if you want to find out the exact reasons for the housing change.
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 Beauworth, 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 Hampshire, to give a smaller scale area to compare the data to.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Beauworth||3.1%||£1,615||no relevant data for this city||9.0%|
Assuming that in the future you want to re-sell the house you will eventually purchased in Beauworth you might be interested in the number of sales per month (7) that happen in the local housing market. Comparing this figure for Beauworth with the above table gives you a good understanding of the profitability of the area.
What are the demographics like in the city of Beauworth?
Is there sufficient green space in Beauworth?
In the city of Beauworth, there are 17.2 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 Beauworth is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.
Located in Hampshire is the city of Beauworth, 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 Beauworth 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 Beauworth 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.
How much do people in Beauworth 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.
£54,200 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 40% for Beauworth.
What’s a social grade score and how does it relate to Beauworth?
The social grade of a city is useful when searching for a house for sale because it tells you what kind of jobs people have in the area. For example, there could be a lot of skilled manual workers or there could be a lot of pensioners and people on benefits.
The scale goes from a social grade of an A who are high managerial, administrative or professional workers to an E where people in this category are on state pensions, casual workers or unemployed on state benefits.
The number of people in Beauworth in grades A or B which are the highest skilled roles in the country is 40%. Realistically, you can expect workers in this category to earn a higher salary too.
For comparison, £54,200 is the average household income of the area. You can see how this figure is congruent with the number of people in the top two categories of the social grade at 40%.
In the city of Beauworth, has the population grown or shrunk?
In total, the number of people in Beauworth is 11,416. This figure can be used to estimate the appreciation of the houses but it is also important you look at the population growth figure in order to make this more accurate.
Whether a large population benefits you as a landlord is dependent on what you want from a home. A large population is great if you have children who prefer the bustle of crowds in cities but there are also those who purposely want to buy somewhere rural.
You may also be able to find a balance of both where there are shops, restaurants and entertainment and also rural areas all within a short distance which may be the case ni Beauworth, depending on where exactly you are.
How has Beauworth changed in the past five years?
Five years provides enough time for a city to grow dramatically. It may be the case that the population grows or shrinks but the city of Beauworth has changed by 4%. Read more here
It is also helpful to compare this data to a longer time period like 10 years like in the below subheading. If the population trend of growth or decline has been there for a longer period of time you’ll be able to tell if 4% is a recent change or not.
Click here to know more on the UK population trends.
In the last decade, what is the difference in population in Beauworth?
9% has been the population growth change in the past 10 years.
Usually, this is more of a conservative figure compared to the five year change of a city.
Industrial changes can also be the reason for this shift but it could also be due to immigration or emigration. Bringing people in or out of the area.
The recent global pandemic has also shifted the number of people living in cities as people realise they can now work remotely. It may be that the people of a Beauworth have seen a more desirable way of working, moving to make themselves more comfortable in their careers.
For example, the population of the South west of England has seen a massive increase in population because workers want to move there to benefit from the slightly better weather, lower house prices and also the rural area. Nonetheless, they can also benefit from travelling to the capital city of the UK, London.
What’s the crime rate in Beauworth?
The crime rate of Beauworth 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 42, 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 (42) is both useful and is recommended to be compared to the average.
Are the deprivation levels of the UK any different to Beauworth?
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 Beauworth is 13%.
In Beauworth, how educated are people in general?
In the city of Beauworth, 40% people have a degree from a university. The higher this proportion is, in general, the more likely it is that the population is able to buy a house.
Interestingly, as people who have degrees go up, the average income of the area goes up too. You can see if there is a correlation, the average household income in the UK is price34,000 and the average income in Beauworth is £54,200.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
On average, what is the figure for the asking price of a house for sale in Beauworth?
Before a house gets sold, the figure it sells for always starts off as an asking price. This average asking price for the houses for sale in Beauworth determines the eventual sale price of the house so it isn’t the most important figure but is still important to take note of. This figure is currently £630,910.
Below, there is a table showing the asking price of the different sizes of houses based on the number of bedrooms of the houses in Beauworth.
Average asking prices for houses for sale in Beauworth
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£402,941|
|Average asking price (3 bed)||£591,672|
|Average asking price (4 bed)||£763,519|
|Average asking price (5 bed)||no relevant data for this city|
The above table is perfect for understanding the distribution of properties in the area as well as looking at this data alongside the average asking price per square foot of £0. Telling you what type of house is most in demand relative to the price of the area.
This could be due to more people looking at particular types of houses for sale over others or even due to the fact that Beauworth has a lack of supply of housing in certain categories.
In general, what do houses for sale sell for in Beauworth?
There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Beauworth. In Beauworth, this sale price works out to be £495,896. As an example, a factor like population growth over the last 10 years which works out to be 9% in Beauworth and impacts house prices of the houses for sale.
|Housing category||Total final sale price|
|Average sold price (detached)||£664,214|
|Average sold price (semi-detached)||£436,632|
|Average sold price (terraced)||£367,754|
|Average sold price (flat)||£293,026|
Above, the exact type of house is also shown to vary in price in a table in Beauworth. 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||£4,300|
|Average sold price/sqft (new build)||£5,060|
|Average sold price/sqft (old stock)||£4,160|
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 Beauworth which is £4,300. 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.
Professional advice for houses for sale in Beauworth
Nowadays, there are so many properties on the real estate market that it can be difficult to decide which one is the best house for sale for you.
So, who can help you navigate the process of choosing a house for sale?
The number of professionals that offer real estate investors advice and assistance is broad and when it comes to dealing with houses for sale, the process can be complex.
Find here a list of those that can help when buying a house for sale:
- Moneylender – lends you the sum of money you need to buy the house for sale you are looking for
- Insurance agent – A firm that provides several insurances and protections for the house for sale that might become your future house
- Solicitor – A person or company that will sort out the legal work needed before buying a house for sale
- Civil engineer – Also called surveyor, he or she will provide you with an independent valuation of the house for sale you are willing to buy
- Mortgage advisor – Realistically, you will need a mortgage in order to afford to buy a house for sale. Mortgage advisors will guide you and propose the best mortgage deals based on your financial records
- EPC specialist – Especially nowadays, getting professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering buying is crucial
A house for sale that is right for you
Many criteria impact the price of houses for sale in Beauworth.
Here below are the most important ones according to Lofti’s expertise:
Affordability – (see what house for sale can you afford?)
A guide from the UK government
House Location – The borough and region of the UK you want to invest in is an important factor to consider when looking for a home for sale.
Transport – Commuting can be a waste of time. Minimise it by checking how long it will take from the house for sale you’re interested in, to your office before considering buying
Number of bedrooms – The number of bedrooms goes hand in hand with the house for sale price. If you are buying for the long period try to think if you might need an extra bedroom
Energy performance of the house for sale – The difference between an EPC rating of A and an EPC rating of G can impact your monthly utility bills, consider this when evaluating houses for sale.
Internet connection – Being able to take video calls from your home is crucial nowadays, always check the broadband of the area when browsing houses for sale
Car park – Ask the property seller for parking availability. If it is included in the price of the house for sale, you can justify paying more than you would at first glance
Conditions of the house for sale – Repair works can be expensive and take a lot of time, assess the conditions of the houses listed for sale before making an official offer.
houses for sale in other cities in the UK
Examine this short list of cities belonging to South East, the same region where Beauworth is located.
- Ampthill in South East
- Bepton in South East
- Crowthorne in South East
- Ramsgate in South East
- Barkham in South East
If none of these is of your interest, we suggest you visit our landing page with all data related to the houses for sale in the UK.