What is it like buying a house in Bisley?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in the South East $ What is it like buying a house in Bisley?

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.

Are there any important statistics about the population of Bisley?

What’s the crime rate in Bisley?

For every one thousand people living in Bisley, 69 commits crimes and are prosecuted. Coming to a conclusion as to whether all the other factors of your house purchase like the house price justify this figure when contrasting it with the UK average of 79.52 is something you should do as a homeowner.

It could be that the crime rate is higher than you expected but there it is worth the population growth, appreciation of the house and worth the relative price you are purchasing the house for.

Nonetheless, the crime rate of 69 is not a statistic that should just be ignored as you could have to pay more for things like home insurance and install additional security on your house if the rate is particularly high.

Either way, burglaries are not something you would want to encounter in a house. Whether that be a house you are living in or a house you are renting out to tenants.

For the city of Bisley, what is the education level?

The number of people as a percentage who have been through university and gained a degree is 34%. The ability to buy a home is greatly influenced by the number of people who have degrees. £63,000 is the amount people in Bisley are earning.

As you can tell, this figure along with the number of people who have degrees roughly correlate. For reference, the percentage of people who have degrees in the UK is 22.6% and the average household income is.

As a general rule, the bigger the difference between this 22.6% figure and the percentage of people with a degree in Bisley, the bigger the difference in the ability to earn and hence buy a house. A higher number of degrees will increase the potential for people to earn and hence the buying power of the population. This will also push up the price of houses in the area.

Nonetheless, making accurate estimates for the appreciation of homes must be done with other pieces of data in mind such as the rental yields or perhaps the crime rate of the area to name some examples.

Is the city of Bisley deprived?

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.

In the city of Bisley, how much green space remains for residents?

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 Bisley, the city has 97.5 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 Bisley.

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.

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

In the city of Bisley 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 Bisley has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 38%.

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

How much do people in Bisley earn?

While not always the case, the amount people earn can be associated with better schools in the area and perhaps a nicer environment to live in.

£63,000 is the average household income of the area. And the higher this figure is the more likely it is that there is a higher percentage of people with a social grade score in the A or B categories which is 38% for Bisley.

Bisley in the county of Surrey 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 Bisley 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 Bisley, 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.

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

Are there new houses being built in Bisley to make it grow?

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 Bisley that shows the growth in recent years.

1 year 3 years 5 years
Bisley growth rate -1% 8% 11%

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 Bisley is important.

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 Bisley this statistic is what you were looking for.

Data should also be compared to the broader region of the UK (South East) alongside Surrey 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 Bisley.

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)
Bisley no relevant data for this city no relevant data for this city no relevant data for this city 23.0%
Surrey 3.38% £1,657 117.61% 16.05%
South East 3.58% £1,301 127.50% 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 Bisley.

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 (17) will be useful.

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

In Bisley, houses for sale are sold at an average of £547,084. In general, multiple factors impact this figure because lots of variables impact properties valuation. This can include the quality of the buildings in general, whether the population has grown, if there is demand for housing or if there is a low crime rate which would make the area more desirable.

In the table below, you can see for yourself how the average price of a house for sale looks based on the different sizes of housing in Bisley. The exact amount of variation between the types of housing depends on the local demand for particular types of houses in the area.

Housing category Total final sale price
Aerage sold price (detached) £689,754
Aerage sold price (semi-detached) £473,044
Aerage sold price (terraced) £371,682
Aerage sold price (flat) £268,820

As you can see above, for Bisley, price varies based on the type of house that is being sold. If these prices shock you it could be due to population change in the last 10 years of 5% where lots of movement may inflate or deflate house prices.

Housing category Sale price per square foot
Aerage sold price/sqft £4,800
Aerage sold price/sqft (new build) £4,700
Aerage sold price/sqft (old stock) £4,740

Looking at the second table about Bisley, you are able to tell which type of housing is most affordable to you as a buyer. However, for a general overview of what house price is, the average price per square foot for a house in Bisley is £4,800.

On average, what is the figure for the asking price of a house 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.

Average price of houses for sale in Bisley

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

The tables should give you a generic view of what the prices of the houses for sale are like. To close things off in terms of the house asking price, the average asking price for the house for sale in the whole of Bisley is £0. This should show you the general prices overall and for individual types of houses too.