As a landlord, whenever you are looking at houses for sale in Kent, you could find varying prices throughout an area like Beltinge. 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 Beltinge 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 Beltinge will be revealed. Keep reading.
In general, what do houses for sale sell for in Beltinge?
For the city of Beltinge, the average price a house sells for is £313,617. This value usually depends on the exact location of the house within Beltinge as well as other factors like the population growth in Beltinge which is 12% over a ten-year period.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£372,266|
|Aerage sold price (semi-detached)||£290,272|
|Aerage sold price (terraced)||£258,780|
|Aerage sold price (flat)||£166,574|
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 Beltinge.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£3,350|
|Aerage sold price/sqft (new build)||£3,300|
|Aerage sold price/sqft (old stock)||£3,240|
Generalising the bottom table, the average value per square foot of a house for sale is £3,470. This value averages all of the types of houses for sale in Beltinge. 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 Beltinge.
Are there any important statistics about the population of Beltinge?
Are the people in Beltinge earning a lot?
Typically, as people earn more money, the more they are able to afford and the better house prices in the area because demand goes up. You could also infer that the amenities such as schools, parks and public areas are generally of high quality as a result.
For these reasons, it could be argued that areas where people earn more money are generally nicer arrears to live in which also attracts more people as a result and further drives up house prices in the area.
To see if this phenomenon occurs in Beltinge. Compare the area’s average household income of £38,800 to the average household income in the UK at price34,000. Adding to this, compare it with the figure for the highest social grade score too at 18% for more conclusive data on the affluence of the area.
Is the education level of Beltinge important when buying a house?
In the city of Beltinge, 20% of people have degrees. In general, as the number of people who are highly educated goes up, the more likely they are to have the ability to buy houses as their annual household income goes up too.
So you can see for yourself, the average income for the people of Beltinge is £38,800. This generally goes up with the education level of the area. Additionally, looking at the difference between the proportion of people with degrees and the UK average for this statistic (22.6%) should give you an idea of the affluence and education of the city.
A higher education level can therefore tell you if the house prices are likely to be high as the higher income level often results in people buying a bigger, more valuable house.
Having said this, whale education level can be a good factor to go by, there are also things like the rental yields, the population growth and social grades scores that can impact the value of a house and whether it will go up in value as time goes on.
What’s the crime rate in Beltinge?
For the city of Beltinge, crime rate is at 94. So for every 1000 people in the area, 94 commit a crime which is prosecuted. Paying close attention to this figure of crime rate is not only important for the value of a house but also to calculate the maintenance cost of owning a house and how attractive an area can be for future buyers.
So, compare it to the nationwide average of 79.52 per 1000 people and consider if you are happy with this figure based on the price you’re paying for a house you’re interested in.
On top of this, houses that are in areas where there is a high crime rate tend to have to pay higher insurance rates, costing a homeowner in the long term.
Additionally, paying for further security on a house such as CCTV or potentially gates and fences that deter thieves may be necessary for an area with a high crime rate.
In the city of Beltinge, has the population grown or shrunk?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Beltinge if 38,586 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 Beltinge such as rental yield or house appreciation.
How has the population size of Beltinge adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Beltinge by 4%. 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 4% 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 Beltinge?
In the last decade, the population of Beltinge has been adjusted by 12%. 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.
What is the city of Beltinge’s social grade score?
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 Beltinge, the percentage of people in the two highest categories, A and B is 18%. 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 £38,800. This income will generally get bigger as the percentage of people in the A and B categories go up too (18%).
Beltinge within Kent is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Beltinge 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 Beltinge.
In Beltinge, what are the deprivation levels like?
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 Beltinge is 27%.
In the city of Beltinge, is there a lot of 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 Beltinge, the city has 5.7 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 Beltinge.
What are the asking prices for the houses for sale in the city of Beltinge?
Table showing the asking prices for houses for sale in Beltinge
|Average asking price (1 bed)||£161,905|
|Average asking price (2 bed)||£324,728|
|Average asking price (3 bed)||£412,127|
|Average asking price (4 bed)||£557,102|
|Average asking price (5 bed)||£626,944|
The tables should give you a generic view of what the prices of the houses for sale are like. To close things off in terms of the house asking price, the average asking price for the house for sale in the whole of Beltinge is £3,600. This should show you the general prices overall and for individual types of houses too.
On average, in Beltinge, the asking price for a house for sale in the area is £419,212.
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 Beltinge. 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.
Why you should consider the average rental yield when searching for houses for sale in Beltinge
Are there more or fewer houses being built in Beltinge?
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 Beltinge that shows the growth in recent years.
|1 year||3 years||5 years|
|Beltinge growth rate||4%||15%||26%|
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 Beltinge is important.
You may have heard of rental yield as being important for investors who wish to make a sizable profit on their rental properties. If this sounds like you and you’re looking to invest in a house currently for sale and collect rental income in Beltinge this statistic is what you were looking for.
Data should also be compared to the broader region of the UK (South East) alongside Kent then looked at with other statistics like the area’s rent and the turnover of sale of the houses in question. It could be that an investor prefers to make a profit on the sale of a house rather than the rental income and optimal properties for this investment varies throughout Beltinge.
This decision is made differently depending on the investor’s tolerance for risk, investing strategy, the location they’re investing in and their overall goal for buying a house currently listed for sale.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
As you observe table above, it could be valuable to contrast these figures with other pieces of data relevant to the process of buying like the crime rate or the appreciation of houses for sale in Beltinge.
As you can tell, the best conclusions are drawn when the buyer of a house for sale looks at all the data involved holistically and doesn’t make quick decisions based on one or two pieces of data. As an example, comparing the data with the number of property sold per month (32) will be useful.
Who can help you buy a house for sale in Beltinge?
Who should you talk to while going through the process of making an offer on a house for sale?
Several experts specialise in giving advice to property investors or to first time potential buyers.
Since the process of finding the right house for sale can take months, you have all the time to consult with the experts you might need.
Find here a list of those you should contact to get professional guidance and assistance when purchasing a house for sale:
- Lender – This practitioner can lend you money to finalise a house purchase
- Insurer – Insuring companies will provide you with the insurance policy you need to protect the house for sale you want to buy
- Legal representative – This professional is usually there to handle all the legal tasks associated with purchasing a home for sale.
- Surveyor – Carries out and independent valuation on the house for sale based on its conditions. It is very useful to understand the correct price before making an offer
- Mortgage specialist – Mortgage advisors works on commissions. They will get a cut from the bank and will guide you with offering the best deals given your financial situation
- Energy assessor – We strongly suggest you to invest in a professional assessment of the Energy Performance of the house for sale you want to purchase
House for sale in the same UK region
Examine this short list of cities belonging to South East, the same region where Beltinge is located.
- Bedhampton in South East
- Portsmouth in South East
- Chiddingstone-Causeway in South East
- Cuxton in South East
- Aston-Tirrold 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.
Choose the right house for sale that suits your needs
Criterias that have an impact on the actual price of a house for sale have been listed here below. Consider them all to find the perfect houses for sale in Beltinge.
Affordability – check this article from the UK government to find out (see what house for sale you can afford)
Location – if the house for sale is in the city centre rather than further out, this may be why it is more expensive than the market average.
Transports near the house for sale – Being able to use public transports is a huge plus for a house, especially in big cities. This will have an impact on the price as well.
Bedrooms – the more bedrooms there are in a house for sale, the more tenants a buy to let investors will be able to host, therefore, realistically the price will also increase.
EPC of the house for sale – today more than ever, the energy performance of properties for sale on the market should be one of the first things you check.
Wi-Fi speed – We recommend you check the internet plans available for the areas where you are considering to buy a house for sale
Are you a motorist? – If yes, filter out your searches and compare prices of houses for sale with parking availability. Remember, a car parking space can cost as much as £400 per month
Conditions of the house for sale – New builds and properties that were recently built usually need little to no repairs; instead, other houses for sale may require consistent or structural maintenance. These investments that can be both expensive and laborious to complete. Before making your offer for a house for sale you should always carefully assess this criteria.