- 1 We help you find the right agent
- 2 How are rental yields of the houses for sale different to the rest of the UK in Blackfield?
- 3 In Blackfield, what do houses for sale tend to sell for?
- 4 What kind of demographics does the city of Blackfield have?
- 5 On average, what is the figure for the asking price of a house for sale in Blackfield?
- 6 House for sale in a different UK region
- 7 Professional advice for houses for sale in Blackfield
- 8 A house for sale that is right for you
- 9 FAQ
As a landlord, whenever you are looking at houses for sale in Hampshire, you could find varying prices throughout an area like Blackfield. In this article, this data will be simplified so you can find all of the data on one, convenient page.
So, from the rental yield of Blackfield to the success you may expect to get when submitting planning permission. Everything you need to know about house for sale in the UK and in Blackfield will be revealed. Keep reading.
How are rental yields of the houses for sale different to the rest of the UK in Blackfield?
In Blackfield, how has the number of houses changed?
Whenever you are thinking about looking for houses for sale in Blackfield, 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|
|Blackfield growth rate||2%||13%||22%|
As the population of Blackfield 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 Blackfield this statistic is what you were looking for.
Data should also be compared to the broader region of the UK (South East) alongside Hampshire 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 Blackfield.
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)|
|Blackfield||no relevant data for this city||no relevant data for this city||no relevant data for this city||£0|
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 Blackfield.
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 (22) will be useful.
In Blackfield, what do houses for sale tend to sell for?
In Blackfield, houses for sale are sold at an average of £302,948. 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 Blackfield. 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)||£362,384|
|Aerage sold price (semi-detached)||£272,236|
|Aerage sold price (terraced)||£239,156|
|Aerage sold price (flat)||£185,312|
As you can see above, for Blackfield, 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 2% where lots of movement may inflate or deflate house prices.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£3,250|
|Aerage sold price/sqft (new build)||£0|
|Aerage sold price/sqft (old stock)||£3,160|
Looking at the second table about Blackfield, 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 Blackfield is £3,250.
What kind of demographics does the city of Blackfield have?
Have the people of Blackfield grown in numbers?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Blackfield if 34996 and in the below heading how this population has changed will be broken down.
Like most data to do with houses, all data has to be considered holistically with multiple variables to determine if the population growth actually impacts the statistics that matter to you as a landlord in Blackfield such as rental yield or house appreciation.
How has the population size of Blackfield adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Blackfield by 0%. Analysing this figure is a great way to tell if there is new demand for housing or not as a decreasing figure reduces the number of people who want to buy houses. Read more here
To compare this figure over a greater period of time, you could look at the figure for the 1 year population too and compare them. This way you can see if the population has changed recently or if this 0% change has historically occurred before. Click here to know more on the UK population trends.
Over the last 10 years, how has the population size adjusted in Blackfield?
In the last decade, the population of Blackfield has been adjusted by 2%. This growth may be as a result of factors like new industries employing people or emigration and immigration balancing out to create this population change.
A precedent that shows population change in this way over decades is the region of Greater London. The capital city has grown by 27% in the past 20 years. Population growth has caused house prices to go up to price523,666 on average.
Do the people of Blackfield get to enjoy green space?
In the city of Blackfield, there are 24 acres of green space per 1000 residents.
The charity, ‘Fields in Trusts’ recommends a minimum of 6 acres of green space per 1000 people so it is easy to see where Blackfield is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.
Is the education level of Blackfield important when buying a house?
The number of people as a percentage who have been through university and gained a degree is 22%. The ability to buy a home is greatly influenced by the number of people who have degrees. £45,300.00 is the amount people in Blackfield 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 Blackfield, 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.
Are the people of Blackfield deprived?
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 Blackfield, 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.
Is the crime rate bad in the city of Blackfield?
Within Blackfield, the number of people committing crimes is 7900% per 1000 people. This figure directly relates to the safety of residents in the area which is one of the biggest factors in whether an area is considered desirable or not.
As a result, someone looking to buy a house here hoping for it to appreciate in value or buying a house here to produce rental income should check out the crime rate and compare it carefully to the UK average of 79.52 for every 1000 people to see how safe people living there will be.
If the area’s crime rate is too high, this may result in you having to pay for the renovation of burglaries or pay a premium on home insurance as insurance companies will charge you more for living in a dangerous area. So analyse this 7900% figure carefully.
How much do people in Blackfield earn?
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 (18%). 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 Blackfield, this works out to be £45,300.00. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
What is the city of Blackfield’s social grade score?
In the city of Blackfield, the social grade score of the area is 18%. But what does this exactly mean? The figure refers to the proportion of people in the two highest categories of skilled jobs.
The categories are grouped from A to E shown in the table below. Overall, a high social grade score means there are more affluent people working in managerial and professional roles in the area.
This table shows the average breakdown of the UK in terms of where most people in the UK are working so you can compare it to the social grade score of Blackfield.
|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|
Blackfield in the county of Hampshire 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 Blackfield 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 Blackfield, 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.
On average, what is the figure for the asking price of a house for sale in Blackfield?
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 Blackfield 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 £375,883.
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 Blackfield.
Table showing the asking prices for houses for sale in Blackfield
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£292,311|
|Average asking price (3 bed)||£353,779|
|Average asking price (4 bed)||£534,693|
|Average asking price (5 bed)||no relevant data for this city|
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 Blackfield is £0. This should show you the general prices overall and for individual types of houses too.
House for sale in a different UK region
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 Blackfield 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:
- bellsquarry in South East
- braithwell in South East
- broomfield in South East
- blackboys in South East
- colchester 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.
Professional advice for houses for sale in Blackfield
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
A house for sale that is right for you
Find here below a list of criteria that we suggest you consider before looking for houses for sale in Blackfield
affordability – the UK gov website comes in helpful when you want to understand (see what house for sale you can afford)
Geographic Location – the county and region across the UK you are considering to invest in are crucial factors to consider when browsing houses for sale.
Transport network of the house for sale – Hopefully, the pandemic stays in the past. Therefore, working from home may become less predominant than a couple of years ago. Check the commuting time of the house for sale you are considering buying.
Bedrooms in the house for sale – are you looking for houses for sale for yourself, for a couple or for the whole family? This condition will narrow down the number of houses for sale relevant to buy.
EPC of the house for sale – today more than ever, the energy performance of the properties for sale on the market should be one of the first things you check.
Broadband speed – having a good internet connection is crucial nowadays. Always check the available subscriptions available for the areas of the house for sale you want to purchase
Are you a car owner? – if yes, you will have to check for parking availability of the house for sale. Does it come with a garage included in the price?
Conservation areas – when browsing for houses for sale, we suggest you take a look at the National Heritage list. When a house for sale is included it means that it is not possible for the future homeowner to make changes to the property, both inside and outside.
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.
Do properties in Blackfield have the potential for renovation?
Blackfield is likely to be a great place for revamping property if there is a lot of greenlit planning permission. The are 16 each month, attaining a success rate of 31% and a total population of 34996. You can find out if this is above or below similar areas in the UK by comparing it to a nearby place
How many property sales occur per month in Blackfield?
The city of Blackfield sees around 22 property transactions every month, while the nationwide figure for the whole of the United Kingdom stands at roughly 1.1 million property sales.
What is the population change each year in a city like Blackfield?
When evaluating the population trajectory of Blackfield, explore the decade-spanning population shift of 2% and the five-year modification of population of 0%. By drawing comparisons, see if demographic changes in your chosen area is
In the larger vicinity of Blackfield, what is the cost of houses available for sale?
Currently, the mean asking price of a house in Blackfield is £0, calculated using the average value per square foot
Is purchasing a house in Blackfield considered a costly decision?
To work out if you are looking at an expensive property, find a house for sale and compare it to the average prices sell for. In Blackfield this number is £302,948 and in the average for the UK is £286,500. Also, make sure you don’t miss a crucial step by following our tutorial when buying a house