Contents
- 1 We help you find the right agent
- 2 What’s the rental yield in general for the city of Bisham?
- 3 Other cities in different locations you can consider to buy property
- 4 What is the final sale price of a house in Bisham?
- 5 Are there any important statistics about the population of Bisham?
- 6 Finding the ideal house for sale for you
- 7 Asking price in Bisham for a house for sale
- 8 Invest in houses for sale in Bisham with the right professional advice
- 9 FAQ (Frequently Asked Questions)
We help you find the right agent
At lofti we want to simplify your life and help you buy, sell or rent your property. We have assembled all the agent in Bisham to help you find the perfect agent for you
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 Bisham, Berkshire.
From the average asking price of houses for sale in Bisham, to the growth of the population in the area, all will be talked about regarding the city of Bisham. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
What’s the rental yield in general for the city of Bisham?
Are there more or fewer houses being built in Bisham?
Whenever you are thinking about looking for houses for sale in Bisham, 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 | |
---|---|---|---|
Bisham growth rate | 6% | 7% | 10% |
As the population of Bisham 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.
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 Bisham this statistic is what you were looking for.
Data should also be compared to the broader region of the UK (South East) alongside Berkshire 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 Bisham.
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) | |
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Bisham | £0 | £1,895 | £1 | £0 |
Berkshire | 3.60% | £1,478.89 | 129.52% | 16.23% |
South East | 0.04 | 1,300.68 | £1 | 16.69% |
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 Bisham.
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 (14) will be useful.
Other cities in different locations you can consider to buy property
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 Bisham 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:
- egremont in South East
- bulverhythe in South East
- berryhillock in South East
- grayswood in South East
- bojewyan in South East
Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.
What is the final sale price of a house in Bisham?
As well as looking at the asking price for house for sale in Bisham, 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 Bisham.
Houses for sale, are sold on average in Bisham, after the influence of these factors, at £598,082 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 9% over the last 10 years.
Housing category | Total final sale price |
---|---|
Aerage sold price (detached) | £832,003 |
Aerage sold price (semi-detached) | £588,861 |
Aerage sold price (terraced) | £477,135 |
Aerage sold price (flat) | £392,179 |
This table above shows the average sale price for each variation of houses for sale in Bisham.
Housing category | Sale price per square foot |
---|---|
Aerage sold price/sqft | £5,360 |
Aerage sold price/sqft (new build) | £7,130 |
Aerage sold price/sqft (old stock) | £5,270 |
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 Bisham is £5,360.
This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.
Are there any important statistics about the population of Bisham?
How much do people in Bisham earn?
You may be wondering what the amount people earn has to do with house price. Well, house prices generally go up as people earn more not just because they can afford more valuable properties but also because good areas generally attract more desirable infrastructure. For reference, the average household income is £60,400.00.
This may be better schools, doctors and areas with lower crime rates. This results in a snowball effect which polarises different areas further, increasing the demand for housing in richer areas by a greater amount. And increasing the proportion of people with high social grade scores. For Bisham this figure is 45%.
In the city of Bisham, 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 Berkshire for example.
These demographics for Bisham 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 Bisham in South East.
What is the city of Bisham’s social grade score?
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 Bisham in grades A or B which are the highest skilled roles in the country is 45%.
Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £60,400.00 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 45%.
How much green space is available to residents of Bisham?
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 Bisham, the city has 23 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 Bisham.
In Bisham, what is the crime rate?
The crime rate of Bisham 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 5300%, 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 (5300%) is both useful and is recommended to be compared to the average.
How deprived is the population of Bisham?
The deprivation levels of the UK can vary quite a bit. High deprivation levels signal a particular area has people who are struggling to make ends meet and pay for basic living expenses. For Bisham, in particular, the deprivation levels are £0.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
How educated are the people in Bisham?
In Bisham, the proportion of people who have a degree is 42%. 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 Bisham is £60,400.00.
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.
Have the people of Bisham grown in numbers?
Population growth in Bisham is important to know if there is housing demand and the total population may also be looked at as large populations commonly have a lot of buyer demand.
In Bisham, 21059 people live in the city as their main place of residence.
It is important to note that it is not the case that everyone likes a large population to live in. People who tend to prefer a more relaxed life are more likely to buy or rent somewhere to live that has a small population and perhaps also wouldn’t mind if the population isn’t growing.
Other people also like to have a mix of both. Where they can visit rural areas and also benefit from the amenities of a busy city.
In Bisham in the previous five years, have population numbers transformed?
Five years may seem like a long time but it is rare for a city to grow that much unless there is dramatic population growth. In Bisham, this change has been 4%. Read more here
Someone who wishes to find out how this change has occurred over a longer period of time may also wish to read the headings below and see if the change has continued throughout the past decade too. Or if the change is only true for the more recent figure for five years of 4%. Click here to know more on the UK population trends.
Over the last decade, how has the population differed in Bisham?
Populations change all the time but if there is a clear change in population in the last ten years this is even more reliable data about the population of the area as opposed to five. This adjustment in population works out to be 9% in Bisham.
What this statistic is like in comparison to the population change in five years should provide you with a comprehensive understanding of what direction the population is heading in.
In recent years because of the pandemic, it is common to see dramatic differences in the population change in the last five years when comparing it to ten as people realise they can work from home but still keep the current jobs they have.
This means they can move to cities they wouldn’t have considered otherwise and be location-independent of their source of income. Perhaps making a longer commute into the office every week for example.
Finding the ideal house for sale for you
When browsing houses for sale in Bisham you should think about lots of different criteria:
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House for sale affordability – visit the dedicated page of the UK government to understand (see what you can afford)
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Location of the house for sale – the region and town you are considering to live in are crucial factors to consider before looking for houses for sale. In this article, we define lots of demographic factors that should help you make a decision.
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House for sale transport links – even if working from home is becoming more and more predominant, we suggest you check the transport links the house for sale has.
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Number of bedrooms in the house for sale – are you looking for houses for sale for the whole family or are you single? Always think about how many bedrooms you need and if that number might change in the future
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energy performance of the house for sale – What is the EPC of the house for sale? Today more than ever, is important that you check the EPC rating of the real estate assets available for sale on the market.
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Internet speed in the area of the house for sale – it is important to remember that internet speed is a consequence of two factors: your plan and the infrastructure available in the area. Always check these parameters before looking for houses for sale. Especially if you are renting the property as this will impact your business costs. Whether that be in an excluded tenancy agreement or a more common, assured shorthold tenancy.
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Does the house for sale have parking – if yes, is it on-street or is the house for sale equipped with a garage?
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Houses for sale in conservation areas – always check the National Heritage list. If a house for sale is part of this list it means that it might be impossible for you to make changes to the property’s internal and external structure.
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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.
Asking price in Bisham for a house for sale
Average prices for the houses for sale in Bisham
Average asking price (1 bed) | no relevant data for this city |
Average asking price (2 bed) | £485,569 |
Average asking price (3 bed) | £651,012 |
Average asking price (4 bed) | £1,000,357 |
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 Bisham is the right area to buy a house in for you.
On average, in Bisham, the asking price for a house for sale in the area is £706,364.
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 Bisham. 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.
Invest in houses for sale in Bisham with the right professional advice
Choosing the perfect house for sale for you might be challenging in today’s market due to the abundance of available houses.
You may wonder who can guide you through the process of selecting a house that is for sale.
There are several experts that provide guidance and support to potential buyers and the procedure can be drawn out, particularly when dealing with houses for sale.
Here is a list of who to contact to get assistance when purchasing a house for sale:
- Banks – The ones that can lend you the money you need for the house for sale
- Insurance companies – Companies that give you access to various insurances specific to the house for sale you are considering to buy
- Solicitor – The individual or business responsible for handling the legal tasks required to purchase a home that is for sale.
- Civil engineer – Provides you with an appraisal of the house up for sale that you want to purchase.
- Mortgage advisor – Professional advisors that will guide you and propose the best mortgage deals according to your finances
- EPC specialist – Getting professional advice on the energy performance of the house for sale is crucial, especially nowadays.
FAQ (Frequently Asked Questions)
Is it possible to renovate a property in Bisham?
Properties in the city of Bisham may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are 23 approvals every month with an approval of nan based on a population of 21059. Compare other places in the UK to make this figure make more sense.
What’s the number of property sales each month in Bisham?
In the city of Bisham, there are 14 and in the total for the UK, there are around 1.1 million property sales.
How does the population in a city like Bisham change annually?
Calculating the evolution of Bisham’s population requires an examination of the population transformation over a decade, amounting to 9%, and the five-year adjustment at 4%. By contrasting these values, analyse recent changes in population to attain a thorough understanding of demographic trends and perhaps also look at house for sale data nearby
prices for houses on sale in the broader vicinity of Bisham?
The average cost per square foot for a house in Bisham is presently £0.
Is a house for sale in Bisham an expensive choice?
Determine whether a property is expensive by comparing a list of houses for sale to the prevailing average selling prices. In Bisham, this figure stands at £598,082, while the UK average is £286,500.
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