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Sometimes, working out the prices of the houses for sale can be tricky business. This is why we created this article all about the price of houses for sale in Bewbush, West Sussex.
From the average asking price of houses for sale in Bewbush, to the growth of the population in the area, all will be talked about regarding the city of Bewbush. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
Thinking of a different city and perhaps a different location?
If you are looking for similar places to buy a house that are just like Bewbush, examine this short list of cities below from outside of the region of South East for some inspiration.
- prittlewell in South East
- millport in South East
- belle-isle in South East
- bingley in South East
- bishopstrow in South East
If none of these suit your interest, we suggest you visit our page with all of the relevant data concerning houses for sale in the UK, allowing you to buy the right property.
Or, consider buying a leasehold property instead which may be cheaper. However, you will also have to learn what will happen when a leasehold expires so you know how to deal with this side of the law.
What is the asking price on average of houses for sale in Bewbush?
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 Bewbush 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 £328,634.
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 Bewbush.
Table showing the asking prices for houses for sale in Bewbush
| Average asking price (1 bed) | £207,871 |
| Average asking price (2 bed) | £271,170 |
| Average asking price (3 bed) | £359,854 |
| Average asking price (4 bed) | £493,226 |
| 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 Bewbush has a lack of supply of housing in certain categories.
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 Bewbush
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affordability – the UK gov website comes in helpful when you want to understand (see what house for sale you can afford)
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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.
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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.
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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.
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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.
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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
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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?
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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.
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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.
In general, what do houses for sale sell for in Bewbush?
As well as looking at the asking price for house for sale in Bewbush, a sensible homeowner or investor will also consider the final price a house sells for. This final price may be influenced by elements like the amount people are earning in the area and what opportunities for employment there are in Bewbush.
Houses for sale, are sold on average in Bewbush, after the influence of these factors, at £288,162 as a result. And may be on the rise or decline depending on a combination of variables such as the crime rate, or population growth which was 7% over the last 10 years.
| Housing category | Total final sale price |
|---|---|
| Aerage sold price (detached) | £514,175 |
| Aerage sold price (semi-detached) | £340,072 |
| Aerage sold price (terraced) | £279,555 |
| Aerage sold price (flat) | £206,155 |
This table above shows the average sale price for each variation of houses for sale in Bewbush.
| Housing category | Sale price per square foot |
|---|---|
| Aerage sold price/sqft | £3,460 |
| Aerage sold price/sqft (new build) | £3,780 |
| Aerage sold price/sqft (old stock) | £3,360 |
This final table looks at the price per square foot of houses for sale. Looking at the final table, you can take a further average and conclude that the average price per square foot of houses in general in Bewbush is £3,460.
This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.
Why you should consider the average rental yield when searching for houses for sale in Bewbush
Are there more or fewer houses being built in Bewbush?
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 Bewbush that shows the growth in recent years.
| 1 year | 3 years | 5 years | |
|---|---|---|---|
| Bewbush growth rate | 7% | 15% | 13% |
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 Bewbush is important.
The figure of rental yield is commonly looked at by investors who wish to increase their income by investing in areas where rental yields of the houses for sale are higher. Usually, the higher the rental yield, the more attractive a house for sale is for an investor. This is why it is common for landlords to increase rent using section 13, to maximise this yield, as it is so important.
Nonetheless, there are also instances where an investor will go with a house with lower yields in order to benefit from the appreciation of a house too which is why it’s vital to look into all the details of Bewbush.
The data below shows the rental yield, rent turnover and the percentage of the money made on the sale of a house. The data is broken down into the county city is in (West Sussex) as well as the broader region; South East.
| Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
|---|---|---|---|---|
| Bewbush | £0 | £1,219 | £1 | £0 |
| West Sussex | 3.49% | £1,280.10 | 132.83% | 17.69% |
| South East | 0.04 | 1,300.68 | £1 | 16.69% |
Also, you can compare other data to the table above such as the number of houses sold per month in Bewbush which is 25 and get a better understanding of the housing market.
This is great if you want to gauge if investors are actively looking for houses for sale in the area over other areas in the UK which may be an induction of how profitable Bewbush is to invest in. Both in terms of rental yield and capital appreciation.
Invest in houses for sale in Bewbush with the right professional advice
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
Are there any important statistics about the population of Bewbush?
Is the education level of Bewbush important when buying a house?
In the city of Bewbush, 18% 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 Bewbush is £44,500.00. 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.
In the city of Bewbush, is there a lot of green space?
In the city of Bewbush, there are 19 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 Bewbush is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.
In general, do people commit a lot of crime in Bewbush?
In Bewbush, for every 1000 people, there is currently a crime rate of 13100%. This can be compared to the national average of 79.52 for every 1000 people.
Low crime rates are desirable for your safety as a homeowner. Even if you don’t tend to leave the house too often and tend to not mind living in a slightly more dangerous area. Things like burglaries are always a possibility which could harm your ability to pay for home insurance and also may force you to install additional security in your home that can cost you further.
Having said this, you can look at the crime rate on a deeper level to find out what the threats are exactly. It could be the case that a proportion of these crimes (13100% for every 1000 people) come from things like anti-social behaviour rather than more serious crimes like violence and sexual offences.
If this is the case you may be more willing to look over a high crime rate within the areas you’re looking to buy a home.
In Bewbush, what is the social grade score?
In the city of Bewbush 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 Bewbush has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 13%.
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 does the population of Bewbush look like?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Bewbush if 54793 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 Bewbush such as rental yield or house appreciation.
How has the population size of Bewbush adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Bewbush by 2%. 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 2% 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 Bewbush?
In the last decade, the population of Bewbush has been adjusted by 7%. 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.
How deprived is the population of Bewbush?
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 Bewbush is £0.
What salary does the community in Bewbush take home?
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 Bewbush. Compare the area’s average household income of £44,500.00 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 13% for more conclusive data on the affluence of the area.
In the city of Bewbush, the demographics are unique and must be looked at by themself to make a conclusion about the area before buying a house. This is because the growth could be greatly different to the wider area of West Sussex for example.
These demographics for Bewbush may impact the price of a house, how this house grows over time and the profitability of a house if you are buying it for an investment so knowing the area is crucial for a landlord making a purchasing decision in the city of Bewbush in South East.
Frequently Asked Questions (FAQ)
Are there opportunities for property renovation in Bewbush?
Properties in the city of Bewbush may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are 11 approvals every month with an approval of 81% based on a population of 54793. Compare other places in the UK to make this figure make more sense.
On a monthly basis, how many property transactions take place in Bewbush?
The city of Bewbush sees around 25 property transactions every month, while the nationwide figure for the whole of the United Kingdom stands at roughly 1.1 million property sales.
What is the population change each year in a city like Bewbush?
For a comprehensive analysis of Bewbush’s population trends, observe the population fluctuation over a decade, indicated by 7%, and the five-year alteration represented by 2%. Perhaps also look at data from another nearby city too so you can see a comparison.
In the larger vicinity of Bewbush, what is the cost of houses available for sale?
Currently, the mean asking price of a house in Bewbush is £0, calculated using the average value per square foot
Does opting for a house for sale in Bewbush come with a hefty price tag?
To work out if you are looking at an expensive property, find a house for sale and compare it to the average prices sell for. In Bewbush this number is £288,162 and in the average for the UK is £286,500. Also, make sure you don’t miss a crucial step by following our tutorial when buying a house
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