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A guide on houses for sale in Bexhill

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in the South East $ A guide on houses for sale in Bexhill

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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 Bexhill, East Sussex.

From the average asking price of houses for sale in Bexhill, to the growth of the population in the area, all will be talked about regarding the city of Bexhill. So you will get better clued up on the area, and make finding a house for sale in the UK easier.

What kind of demographics does the city of Bexhill have?

How much are those living in Bexhill earning?

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 (16%). 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 Bexhill, this works out to be £31,100.00. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.

What’s the crime rate in Bexhill?

For the city of Bexhill, crime rate is at 10100%. So for every 1000 people in the area, 10100% 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.

What is the population of Bexhill?

In the UK in general and specifically in the region in question, large population sizes can be good indications that there are a lot of people in the area looking for houses for sale which can drive up demand and therefore impact the cost. You should also check to see if the population is growing in the area too to show an increasing demand, this is even better. Currently, the total population of Bexhill is 17370.

Sometimes, smaller populations can have higher buyer demand than large populations on the other hand. This is because the price of houses and hence the demand for houses is based on a variety of variables.

The most important variable is the location of the houses for sale in the city of Bexhill.

In Bexhill, how has the population changed over the last five years?

In the last five years, over time, the change in population size was 4%. Looking at this figure can inform you of the buyer demand for the houses for sale in the area. Read more here

This may mean that the city has now started to slow down in terms of population growth or it may mean the city is also building a lot of houses which would indicate the supply of houses for sale will be matching the demand.

Making predictions about the future growth of Bexhill is hence important in making a decision if capital appreciation of your real estate investment is something you’re after as a landlord.

Comparing this figure for the 5 year growth (4%) as well as the ten year growth in the subheading below should allow you to make some accurate forecasts on the growth rate. Click here to know more on the UK population trends.

Bexhill population difference over 10 years?

The population has adjusted in the area of Bexhill by 7% in the most recent decade. This change is even more useful when compared alongside the figure for the five year growth of the area too.

This will tell you if the population is changing at the moment or if change is more recent. Through this a landlord can accurately look at the fluctuations in population size of the area over time and therefore better understand the trend of the houses for sale in Bexhill.

To make an example, the town of Salford which is a part of Manchester has seen a 10% increase in population. house price has therefore followed.

How much green space is available to residents of Bexhill?

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 Bexhill, the city has 6 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 Bexhill.

How deprived is the population of Bexhill?

Deprivation of a city is defined as the number of people who are considered to not be earning enough to sustain their lifestyle. The UK average of deprivation nationwide is 33% so comparing the figure of £0 for Bexhill should give you a nice idea of the deprivation in the area.

What’s a social grade score and how does it relate to Bexhill?

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 Bexhill in grades A or B which are the highest skilled roles in the country is 16%.

Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £31,100.00 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 16%.

The city of Bexhill, situated in East Sussex, is a particularly impressive part of the UK because of the specific demographics of the location.

In the below headings, the city of Bexhill and its demographics will be compared to its wider location (South East). This includes population size, growth and population education now and into the future.

These statistics are heavily influenced by socio-economic factors and as a result this also shapes the projected house price of the houses for sale in Bexhill. So, taking a good look at the data is essential to understand the area you are considering to buy in.

In Bexhill, how educated are people in general?

In Bexhill, the proportion of people who have a degree is 21%. Generally speaking, as the number of people with degrees increases, the more people are able to afford houses to buy as a degree is a good indicator of a higher income. To put this into perspective, the average income of Bexhill is £31,100.00.

This figure for average household income usually goes up alongside the percentage of people who have degrees.

However, this is not a hard and fast rule, there are many factors influencing the buying power of a population and hence the appreciation of housing and the number of houses for sale in the area. This can include the rental yields of the area and other demographic statistics like crime rate.

Nonetheless, it cannot be argued that those with degrees tend to live in more affluent areas as 82% of people who achieve a first in degree level education are owners of the place they live.

Professional advice for houses for sale in Bexhill

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

Thinking of a different city and perhaps a different location?

You can consult our list below that goes over a list of cities not necessarily in South East, allowing you to find similar places to Bexhill:

You may also refer to our webpage specific to UK houses for sale to get an overview of the large number of cities in the area, houses for sale in the UK

In Bexhill, what do houses for sale tend to sell for?

For the city of Bexhill, the average price a house sells for is £236,935. This value usually depends on the exact location of the house within Bexhill as well as other factors like the population growth which is 7% over a ten-year period.

Housing category Total final sale price
Aerage sold price (detached) £328,588
Aerage sold price (semi-detached) £269,889
Aerage sold price (terraced) £247,364
Aerage sold price (flat) £161,198

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 Bexhill.

Housing category Sale price per square foot
Aerage sold price/sqft £2,810
Aerage sold price/sqft (new build) £3,070
Aerage sold price/sqft (old stock) £2,650

Generalising the bottom table, the average value per square foot of a house for sale is £2,810. This value averages all of the types of houses for sale in Bexhill. 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 Bexhill.
Bear in mind that if you are a landlord looking to buy a property to rent, you will also run into other expenses like letting agent fees and the cost of listing your property for sale on Rightmove in your city.

What are the asking prices for the houses for sale in the city of Bexhill?

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 Bexhill 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 £302,647.

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 Bexhill.

Average prices for the houses for sale in Bexhill

Average asking price (1 bed) £168,970
Average asking price (2 bed) £274,727
Average asking price (3 bed) £361,777
Average asking price (4 bed) £476,678
Average asking price (5 bed) no relevant data for this city

Based on this table, hopefully, you will be able to tell what type of house for sale is the most suitable for your budget. You can also consider the average asking price per square foot (£0) for houses for sale with this table to get a good idea as to whether Bexhill is the right area to buy a house in for you.

Why you should consider the average rental yield when searching for houses for sale in Bexhill

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 Bexhill, 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 East Sussex, to give a smaller scale area to compare the data to.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Bexhill £0 £979 no relevant data for this city £0
East Sussex 3.51% £1,257.56 139.11% 13.90%
South East 0.04 1,300.68 £1 16.69%

Assuming that in the future you want to re-sell the house you will eventually purchased in Bexhill you might be interested in the number of sales per month (21) that happen in the local housing market. Comparing this figure for Bexhill with the above table gives you a good understanding of the profitability of the area.

Are there more or fewer houses being built in Bexhill?

Whenever you are thinking about looking for houses for sale in Bexhill, think about how the city is growing and how this may impact the overall growth of the area.

Comparing the growth at different time periods would be a great way to assess whether the growth has slowed down, remained the same or perhaps stagnated over the years.

1 year 3 years 5 years
Bexhill growth rate 2% 18% 27%

As the population of Bexhill grows, this may also push up the price of the houses for sale. More people would be looking to buy homes and permanently live in the area. This demand helps a home appreciate. However, this isn’t always true because some cities build a lot of houses too to match the supply.

A house for sale appropriate to 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 Bexhill.

  • 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.

FAQ

If you are a landlord, should you renovate a property in the city of Bexhill?

Every single month in Bexhill, there are 4 planning applications, of which nan result in a success. Look at this in terms of the population size of 17370 to work out if you think you’d have good planning success if you were to renovate.

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

In Bexhill, the monthly property transaction count reaches 21, 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 Bexhill?

For a comprehensive analysis of Bexhill’s population trends, observe the population fluctuation over a decade, indicated by 7%, and the five-year alteration represented by 4%. Perhaps also look at data from another nearby city too so you can see a comparison.

prices for houses on sale in the broader vicinity of Bexhill?

The current average price per square foot for a house in Bexhill stands at £0, considering the mean cost for each square foot of houses for sale there.

Is a house for sale in Bexhill 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 Bexhill, this stands at £236,935, whereas the UK’s mean is £286,500.

Find an estate agent where you’re looking to buy in Bexhill

When buying, having the right expertise when navigating Bexhill and the property market can be a great advantage. So, don’t make things harder for yourself and tackle a home purchase on your own. Browse our list of reputable estate agents below to help you on your house hunt!

Name of the Agent Phone Number Address Email Address
Greystones Estate Agents Limited 441424317833 11 Western Road, Bexhill-on-Sea, TN40 1DU Phone number only
Redwell Estates 441424317130 17 Western Road, Bexhill On Sea, TN40 1DU Phone number only
Abbott & Abbott 441424839671 25 Devonshire Road, Bexhill-On-Sea, TN40 1AH nan
Burgess & Co 441424317815 3 Devonshire Square, Bexhill-On-Sea, TN40 1AB Phone number only
New Foundations 441424317924 51 Devonshire Road, Bexhill, East Sussex, Bexhill On Sea, TN40 1BD Phone number only

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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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