Contents
- 1 We help you find the right agent
- 2 A house for sale that is right for you
- 3 What is the asking price on average of houses for sale in Blackboys?
- 4 Why you should consider the average rental yield when searching for houses for sale in Blackboys
- 5 Thinking of a different city and perhaps a different location?
- 6 What are the demographics like in the city of Blackboys?
- 7 What is the final sale price of a house in Blackboys?
- 8 Professional advice for houses for sale in Blackboys
- 9 F.A.Q.
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 Blackboys to help you find the perfect agent for you
Blackboys might be an interesting area to invest in when looking for a house for sale in the UK as it is a unique area in the county of East Sussex.
Before looking for a house for sale in the city of Blackboys we strongly suggest landlords and real estate investors to research in detail and consider all involved factors. Indeed, house prices can change quite a bit depending on the square foot of the property, the number of rooms, the economic climate, the location of the house and more.
In this data heavy article the reader will be able to find out more on the topic and see the specific data to consider when evaluating different houses for sale in Blackboys.
A house for sale that is right for you
When browsing houses for sale in Blackboys 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 – 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.
-
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.
What is the asking price on average of houses for sale in Blackboys?
On average, in Blackboys, the asking price for a house for sale in the area is £547,520.
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 Blackboys. 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.
The average asking price for the houses for sale in the city of Blackboys
Average asking price (1 bed) | no relevant data for this city |
Average asking price (2 bed) | £330,449 |
Average asking price (3 bed) | £443,564 |
Average asking price (4 bed) | £681,889 |
Average asking price (5 bed) | £1,088,929 |
The tables should give you a generic view of what the prices of the houses for sale are like. To close things off, the average asking price for the house for sale in the whole of Blackboys is £4,070. This should show you the general prices overall and for individual types of houses too.
Why you should consider the average rental yield when searching for houses for sale in Blackboys
Let’s consider that you’re not looking to buy a house for sale to live in for the long term future such as if you changed location with your family and want to settle down and you want to find somewhere to buy as an investor in Blackboys. If this is the case, rental yield is a crucial statistic to consider.
If looking to invest, you should also consider other data about the area. The average rental income, the turnover of the sale of the house and what the net rental yields are like for the area do also have an impact on the final price of houses for sale in Blackboys.
It is clear to see from the table below that there is a difference between all of these pieces of information and how they can be compared and contrasted on a county level (East Sussex), a regional level (South East) and finally on the level of the city talked about in this article, Blackboys.
Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
---|---|---|---|---|
Blackboys | £0 | £1,348 | 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% |
You may also find it useful to compare the data above to the number of properties sold per month Blackboys experiences. This figure for house sales per month is 19. Looking at all this information holistically is what a smart investor should do when deciding on the right area for investment before looking for houses for sale.
Are there more or fewer houses being built in Blackboys?
Before committing to Blackboys to make a housing investment, an investor should always ask the question, what is the growth like in the area?
So take a look below at the growth patterns of the previous years displaying the percentage of new houses being built. This will help you understand how the number of houses for sale will evolve in the future.
1 year | 3 years | 5 years | |
---|---|---|---|
Blackboys growth rate | -3% | 12% | 15% |
Whether housing growth actually changes the price of a house depends on if the city in question is outstripping demand with the supply of new housing. You’d have to do some more research on what rate Blackboys is building housing to find your answer.
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 Blackboys:
- avon in South East
- barbrook in South East
- castell-y-bwch in South East
- bojewyan in South East
- bettiscombe in South East
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
What are the demographics like in the city of Blackboys?
How much do people in Blackboys 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.
£47,800.00 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 28% for Blackboys.
Do the people of Blackboys get to enjoy green space?
There are cities in the UK such as Edinburgh and Bristol that have a higher percentages of green space with Edinburgh being the most at 49%. The city of Blackboys currently has 37 for every 1000 residents.
Green space helps the quality of people’s mental health as well as fight against diseases like obesity. As studies have shown that the proximity of people to green spaces in the UK has a positive impact on the physical health of people in the UK and Blackboys in this case.
What’s a social grade score and how does it relate to Blackboys?
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 Blackboys in grades A or B which are the highest skilled roles in the country is 28%.
Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £47,800.00 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 28%.
What is the population of Blackboys?
Population growth in Blackboys 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 Blackboys, 26315 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 Blackboys 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 Blackboys, 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 Blackboys?
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 10% in Blackboys.
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.
Are the deprivation levels of the UK any different to Blackboys?
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 Blackboys, 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.
What’s the crime rate in Blackboys?
For every one thousand people living in Blackboys, 5600% 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 5600% 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.
Is the education level of Blackboys important when buying a house?
In Blackboys, the proportion of people who have a degree is 30%. 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 Blackboys is £47,800.00.
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.
Located in East Sussex is the city of Blackboys, in a large part of the UK; South East. Before you look for houses for sale in this area, it is a reasonable question to ask what the people who live there are like.
Below, the population of Blackboys has been dissected in terms of if the population is educated, what the crime rates are like and much more. All important factors to consider before making a house purchase among the offer of the houses for sale.
The knowledge below is based on a lot of different variables relevant to the city of Blackboys which impacts the profitability of making an investment here or how desirable buying a house to live in is if you want to live on a permanent basis.
What is the final sale price of a house in Blackboys?
For the city of Blackboys, the average price a house sells for is £390,642. This value usually depends on the exact location of the house within Blackboys as well as other factors like the population growth which is 10% over a ten-year period.
Housing category | Total final sale price |
---|---|
Aerage sold price (detached) | £543,812 |
Aerage sold price (semi-detached) | £340,932 |
Aerage sold price (terraced) | £283,558 |
Aerage sold price (flat) | £182,553 |
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 Blackboys.
Housing category | Sale price per square foot |
---|---|
Aerage sold price/sqft | £3,670 |
Aerage sold price/sqft (new build) | £3,600 |
Aerage sold price/sqft (old stock) | £3,620 |
Generalising the bottom table, the average value per square foot of a house for sale is £3,870. This value averages all of the types of houses for sale in Blackboys. 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 Blackboys.
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.
Professional advice for houses for sale in Blackboys
In today’s market with an abundance of homes available for sale, choosing the best house for sale can be challenging.
With several houses for sale to choose from, who will guide you through the process of choosing?
We have listed here below several experts and companies able to advise and support potential buyers.
The process of finding and investing in a house for sale can be lengthy and time-consuming, this is why we suggest you consult with the following professionals:
- Banks – Lend you the cash
- Insurance companies – Insure your new real estate investment
- Conveyancer – handles all the legal labour that is needed to proceed in buying a house for sale.
- Surveyor – Carries out an independent and complete property valuation of the house for sale
- Mortgage advisor – If you are thinking to get a mortgage to get the finances needed to afford to buy a house for sale, a mortgage advisor is the person you should be looking for
- EPC person – Always get a quote on the Energy Performance Certificate of the houses for sale listed in a certain city
F.A.Q.
Are there opportunities for property renovation in Blackboys?
Properties in the city of Blackboys may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are 20 approvals every month with an approval of nan based on a population of 26315. Compare other places in the UK to make this figure make more sense.
What is the monthly count of property transactions in Blackboys?
In the city of Blackboys, there are 19 and in the total for the UK, there are around 1.1 million property sales.
What is the population change each year in a city like Blackboys?
Calculating the evolution of Blackboys’s population requires an examination of the population transformation over a decade, amounting to 10%, 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
In the larger vicinity of Blackboys, what is the cost of houses available for sale?
The average cost per square foot for a house in Blackboys is presently £4,070.
Does opting for a house for sale in Blackboys come with a hefty price tag?
Ascertain the costliness of a property by examining a listed house for sale in relation to the prevailing average selling prices. In Blackboys, this stands at £390,642, whereas the UK’s mean is £286,500.
0 Comments