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

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 Bentley?

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Whenever looking for a house for sale in the UK or in Bentley, it is vital you look at the market trends and house price fluctuations in the wider area of Hampshire 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 Bentley.

In this article, we will be looking at the city of Bentley in detail so you know how to navigate the area and have a better understanding on where to invest.

houses for sale in other cities and regions in the UK

We have prepared a list of cities that are entirely dissimilar to the region of South East, perfect if you are looking for somewhere similar to Bentley but want to relocate to a different region entirely. You should then be able to evaluate the different houses for sale listed in the region:

Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.

In Bentley, what is the asking price in general for a house for sale?

When investors make offers for houses for sale in Bentley, the average price asked by the homeowners works out to be £770,220.

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 Bentley 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.

Table showing the asking prices for houses for sale in Bentley

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £397,019
Average asking price (3 bed) £640,294
Average asking price (4 bed) £955,400
Average asking price (5 bed) £1,454,524

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 £5,780. 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 Bentley has a lack of supply of housing in certain categories.

Professional advice for houses for sale in Bentley

Considering all the above data and information provided, you may want know who can help you buy a house for sale.
Lots of professionals offer property investors and first-time buyers advice and assistance in dealing with the process of acquiring a house for sale.

Below, you can find a list of professionals that come in handy when looking for houses for sale:

  • Lender – Is someone capable of lending you the money you need to complete the purchase of the house for sale
  • Insurer – Insurance companies provide building insurances and other financial products you need to protect your real estate assets
  • Conveyancer – This professional will take care of the legal work needed when looking for a house for sale
  • Surveyor – Use this professional to assess the condition of the house for sale you are willing to buy, get an independent valuation and feel more comfortable when negotiating the final price
  • Mortgage broker or adviser – Different buyers can access different mortgages to buy a house for sale. Let the mortgage broker suggest to you which one is the best given your financial situation
  • Energy professional – Nowadays is more important than ever, to get professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering as your next investment

In Bentley, 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 Bentley. In Bentley, this sale price works out to be £625,326. As an example, a factor like population growth over the last 10 years which works out to be 6% in Bentley and impacts house prices of the houses for sale.

Housing category Total final sale price
Average sold price (detached) £845,350
Average sold price (semi-detached) £465,197
Average sold price (terraced) £346,148
Average sold price (flat) £253,915

Above, the exact type of house is also shown to vary in price in a table in Bentley. 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 £4,550
Average sold price/sqft (new build) £4,300
Average sold price/sqft (old stock) £4,580

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 Bentley which is £5,170. 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.

What are the people like in Bentley?

Are the deprivation levels of the UK any different to Bentley?

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Bentley, currently, £0 people fall into this category.

Measuring this statistic against the nationwide average of 33% should give you a pretty good idea of where the city lies in the scale of poverty in the area.

In Bentley, how educated are people in general?

Interestingly, the percentage of people who have a degree in the city of Bentley is 35%. 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 Bentley is £62,200.00.

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.

How much green space is available to residents of Bentley?

In the city of Bentley, there are 95 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 Bentley is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.

What is a social grade score and how does this relate to Bentley?

In the city of Bentley and throughout the UK, the social grade score is assessed by observing what type of jobs people have and then grouping this into a grading system.

In general, the people at the top of the scale (the A category) have the highest paid, most skilled jobs and this is just 4% of the general UK population. On the lower end of the scale, people who are on benefits, state pensions and also manual workers all are grouped into this category that represents the most unskilled.

When trying to determine if the area of Bentley has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 45%.

Below, you can see how this compares to the National average as the average for the top two categories nationwide is 27% (Adding together the A and B categories)

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

What’s the crime rate in Bentley?

Within Bentley, the number of people committing crimes is 5300% 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 5300% figure carefully.

Bentley in the county of Hampshire is notable for its specific demographics and has individual characteristics.

For localised cities and the bigger areas of the UK there are wide variations in the demographics that shape an area so the same is also true for the wider region Bentley is located in; South East.

Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Bentley, what the social grade score of the city is like and if the green space matches the recommended levels people living in the UK should have.

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

The city of Bentley has a total population of 22580. 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 Bentley 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 Bentley

Over time, in the last five years, the population of the city of Bentley has changed by 3%. 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 3% 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 Bentley?

In the last 10 years, there has been a shift in the population of 6%.

Comparing this to the 5 year figure of Bentley 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.

How much do people in Bentley earn?

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 (45%). 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 Bentley, this works out to be £62,200.00. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.

How are rental yields of the houses for sale different to the rest of the UK in Bentley?

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 Bentley. 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 Bentley.

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 (Hampshire), a regional level (South East) and finally on the level of the city talked about in this article, Bentley.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Bentley £0 £2,083 £1 £0
Hampshire 3.67% £1,198.75 129.21% 20.71%
South East 0.04 1,300.68 £1 16.69%

You may also find it useful to compare the data above to the number of properties sold per month Bentley experiences. This figure for house sales per month is 17. 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 is the growth in the housing market of Bentley?

The growth of an area like Bentley 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
Bentley growth rate 2% 23% 7%

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 Bentley if you want to find out the exact reasons for the housing change.

A house for sale that is right for you

Find here below a list of criteria that we suggest you consider before looking for houses for sale in Bentley

  • affordability – the UK gov website comes in helpful when you want to understand (see what house for sale you can afford)

  • Geographic Location – the county and region across the UK you are considering to invest in are crucial factors to consider when browsing houses for sale.

  • Transport network of the house for sale – Hopefully, the pandemic stays in the past. Therefore, working from home may become less predominant than a couple of years ago. Check the commuting time of the house for sale you are considering buying.

  • Bedrooms in the house for sale – are you looking for houses for sale for yourself, for a couple or for the whole family? This condition will narrow down the number of houses for sale relevant to buy.

  • EPC of the house for sale – today more than ever, the energy performance of the properties for sale on the market should be one of the first things you check.

  • Broadband speed – having a good internet connection is crucial nowadays. Always check the available subscriptions available for the areas of the house for sale you want to purchase

  • Are you a car owner? – if yes, you will have to check for parking availability of the house for sale. Does it come with a garage included in the price?

  • Conservation areas – when browsing for houses for sale, we suggest you take a look at the National Heritage list. When a house for sale is included it means that it is not possible for the future homeowner to make changes to the property, both inside and outside.

  • Houses for sale Conditions – some properties, like new builds, need no repairs or works; other houses listed for sale may need some investment to restore them and some others may need a complete renovation. Someone looking for houses for sale should always think about how much time and money they are willing to invest to complete the needed repairs.

FAQ

Do properties in Bentley have the potential for renovation?

Amidst the urban landscape of Bentley, an intriguing figure for determining if a property can be renovated is the success of planning permission. The monthly total of planning applications in the area is 24 and on the other hand, there is a planning success rate of nan. It is also useful to take into consideration the population size of the area (22580).

In Bentley, how many property sales per month are there?

In Bentley, the monthly property transaction count reaches 17, a small percentage of the total house sales in the United Kingdom which equates to approximately 1.1 million.

What is the population change each year in a city like Bentley?

To assess the shifts in Bentley’s population over time, analyse how the population has altered. Look at the ten year change of population of 6%, alongside the five-year change of 3%.

What is the asking price for houses for sale in the wider region of Bentley?

Currently, the mean asking price of a house in Bentley is £5,780, calculated using the average value per square foot

Is a house for sale in Bentley an expensive choice?

Ascertain the costliness of a property by examining a listed house for sale in relation to the prevailing average selling prices. In Bentley, this stands at £625,326, whereas the UK’s mean is £286,500.

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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