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 Bisley, Surrey.
From the average asking price of houses for sale in Bisley, to the growth of the population in the area, all will be talked about regarding the city of Bisley. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
Get professional help on the houses for sale in Bisley
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
Choose the right house for sale that suits your needs
When browsing houses for sale in Bisley you should think about lots of different criteria:
House for sale affordability – visit the dedicated page of the UK government to understand (see what you can afford)
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.
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.
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
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.
Internet speed in the area of the house for sale – 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
Does the house for sale have parking – if yes, is it on-street or is the house for sale equipped with a garage?
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.
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.
House for sale in the same UK region
We have prepared a list of cities in South East, the same UK region of Bisley that can help you evaluate the different houses for sale listed in the region:
- Begbroke in South East
- Alkerton in South East
- Botley in South East
- Farnborough in South East
- Chalfont-Common in South East
Alternatively, you can visit our webpage dedicated to houses for sale in the UK, houses for sale in the UK.
What is the final sale price of a house in Bisley?
There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Bisley. In Bisley, this sale price works out to be £547,084. As an example, a factor like population growth over the last 10 years which works out to be 5% in Bisley and impacts house prices of the houses for sale.
|Housing category||Total final sale price|
|Average sold price (detached)||£689,754|
|Average sold price (semi-detached)||£473,044|
|Average sold price (terraced)||£371,682|
|Average sold price (flat)||£268,820|
Above, the exact type of house is also shown to vary in price in a table in Bisley. 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||£4,800|
|Average sold price/sqft (new build)||£4,700|
|Average sold price/sqft (old stock)||£4,740|
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 Bisley which is £4,800. 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.
Why you should consider the average rental yield when searching for houses for sale in Bisley
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 Bisley, 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 Surrey, to give a smaller scale area to compare the data to.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Bisley||no relevant data for this city||no relevant data for this city||no relevant data for this city||23.0%|
Assuming that in the future you want to re-sell the house you will eventually purchased in Bisley you might be interested in the number of sales per month (17) that happen in the local housing market. Comparing this figure for Bisley with the above table gives you a good understanding of the profitability of the area.
Is the housing market in Bisley growing?
Whenever you are thinking about looking for houses for sale in Bisley, 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|
|Bisley growth rate||-1%||8%||11%|
As the population of Bisley 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.
What are the demographics like in the city of Bisley?
Bisley within Surrey is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Bisley 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 Bisley.
What is the city of Bisley’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 Bisley in grades A or B which are the highest skilled roles in the country is 38%. Realistically, you can expect workers in this category to earn a higher salary too.
For comparison, £63,000 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 38%.
How much are those living in Bisley earning?
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 £63,000.
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 Bisley this figure is 38%.
What does the population of Bisley look like?
The city of Bisley has a total population of 17,561. 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 Bisley 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 Bisley
Over time, in the last five years, the population of the city of Bisley has changed by 1%. 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 1% 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 Bisley?
In the last 10 years, there has been a shift in the population of 5%.
Comparing this to the 5 year figure of Bisley 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.
In general, do people commit a lot of crime in Bisley?
In Bisley, for every 1000 people, there is currently a crime rate of 69. 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 (69 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.
Do the people of Bisley get to enjoy green space?
Whether you view green space in Bisley as important to you as a homeowner is up to your personal preferences. Having said this, there is a clear benefit on the overall health of people who live near green space as the government has stated keeping green space in proximity to people is one of the biggest factors for combating obesity.
In Bisley, the number of acres of green space for every 1000 people currently is 97.5 which can be measured against the UK average of 1.7.
In Bisley, what are the deprivation levels like?
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Bisley, currently, 14% 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.
What is the education level like in Bisley?
In Bisley, the proportion of people who have a degree is 34%. 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 Bisley is £63,000.
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.
What is the asking price on average of houses for sale in Bisley?
On average, in Bisley, the asking price for a house for sale in the area is £660,952.
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 Bisley. 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.
In the city of Bisley, what is the average asking price for the houses for sale?
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£395,373|
|Average asking price (3 bed)||£583,169|
|Average asking price (4 bed)||£806,664|
|Average asking price (5 bed)||£1,107,500|
After looking at this table about prices of houses for sale in Bisley, someone who is buying a home would have a detailed understanding of what kind of house for sale is available on the market that best suits the amount of money they are looking to invest. Also, using a more general figure like the average asking price per square foot of a property which is £0 will help them to have a more holistic understanding.