Whenever looking for a house for sale in the UK or in Blackmoor, it is vital you look at the market trends and house price fluctuations in the wider area of Hampshire too. House prices of houses for sale can change even among different streets very close to each other so, as a landlord, it would be a good idea to be familiar with the area of Blackmoor.
In this article, we will be looking at the city of Blackmoor in detail so you know how to navigate the area and have a better understanding on where to invest.
In Blackmoor, what is the asking price in general for a house for sale?
When speaking about the city of Blackmoor, £576,491 is the asking price for a house for sale.
We have compiled a table of data so you can know the asking prices of the specific size of home you’re most interested in. As you can imagine, a family looking to move out with children would be after a larger house than someone living alone in Blackmoor.
The data is in fact very different compared to the number of rooms you’re interested in having in your home and the asking price also tends to go up in staggering amounts as you add rooms.
Average price of houses for sale in Blackmoor
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||no relevant data for this city|
|Average asking price (3 bed)||£493,947|
|Average asking price (4 bed)||£757,778|
|Average asking price (5 bed)||no relevant data for this city|
After looking at this table about prices of houses for sale in Blackmoor, someone who is buying a home would be able to know in great detail what kind of house for sale available on the market 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 wholistic understanding.
Are there any important statistics about the population of Blackmoor?
What’s a social grade score and how does it relate to Blackmoor?
In the city of Blackmoor, the social grade score of the area is 36%. 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 Blackmoor.
|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 Blackmoor 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 (36%). 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 Blackmoor, this works out to be £51,200. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
In the city of Blackmoor, is there a lot of green space?
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 Blackmoor, the city has 37.2 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 Blackmoor.
In general, do people commit a lot of crime in Blackmoor?
The crime rate of Blackmoor 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 61, 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 (61) is both useful and is recommended to be compared to the average.
In the city of Blackmoor, has the population grown or shrunk?
In the UK in general and specifically in the region in question, large population sizes can be good indications that there are a lot of people in the area looking for houses for sale which can drive up demand and therefore impact the cost. You should also check to see if the population is growing in the area too to show an increasing demand, this is even better. Currently, the total population of Blackmoor is 8,403.
Sometimes, smaller populations can have higher buyer demand than large populations on the other hand. This is because the price of houses and hence the demand for houses is based on a variety of variables.
The most important variable is the location of the houses for sale in the city of Blackmoor.
In Blackmoor, how has the population changed over the last five years?
In the last five years, over time, the change in population size was 4%. Looking at this figure can inform you of the buyer demand for the houses for sale in the area. Read more here
This may mean that the city has now started to slow down in terms of population growth or it may mean the city is also building a lot of houses which would indicate the supply of houses for sale will be matching the demand.
Making predictions about the future growth of Blackmoor is hence important in making a decision if capital appreciation of your real estate investment is something you’re after as a landlord.
Comparing this figure for the 5 year growth (4%) as well as the ten year growth in the subheading below should allow you to make some accurate forecasts on the growth rate. Click here to know more on the UK population trends.
Blackmoor population difference over 10 years?
The population has adjusted in the area of Blackmoor by 7% in the most recent decade. This change is even more useful when compared alongside the figure for the five year growth of the area too.
This will tell you if the population is changing at the moment or if change is more recent. Through this a landlord can accurately look at the fluctuations in population size of the area over time and therefore better understand the trend of the houses for sale in Blackmoor.
To make an example, the town of Salford which is a part of Manchester has seen a 10% increase in population. house price has therefore followed.
The city of Blackmoor, situated in Hampshire, is a particularly impressive part of the UK because of the specific demographics of the location.
In the below headings, the city of Blackmoor and its demographics will be compared to its wider location (South East). This includes population size, growth and population education now and into the future.
These statistics are heavily influenced by socio-economic factors and as a result this also shapes the projected house price of the houses for sale in Blackmoor. So, taking a good look at the data is essential to understand the area you are considering to buy in.
Are the deprivation levels of the UK any different to Blackmoor?
Deprivation of a city is defined as the number of people who are considered to not be earning enough to sustain their lifestyle. The UK average of deprivation nationwide is 33% so comparing the figure of 15% for Blackmoor should give you a nice idea of the deprivation in the area.
For the city of Blackmoor, what is the education level?
In Blackmoor, the proportion of people who have a degree is 37%. 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 Blackmoor is £51,200.
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 final sale price of a house in Blackmoor?
In Blackmoor, the average sale price of a house for sale is in fact £459,998. This is dependent on the 10 year population growth of Blackmoor being 7%. Growing populations are more likely to inflate the prices of houses for sale in the city of Blackmoor.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£610,291|
|Aerage sold price (semi-detached)||£392,281|
|Aerage sold price (terraced)||£333,583|
|Aerage sold price (flat)||£237,958|
The list below is able to inform you of what these prices are. Giving you an accurate estimate of whether a landlord is likely to accept your offer based on the prices of the houses for sale in Blackmoor.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£3,960|
|Aerage sold price/sqft (new build)||£4,430|
|Aerage sold price/sqft (old stock)||£3,860|
Evidently, certain types of houses for sale will have different types of demand and this will be reflected on the final price.
On average, the cost of a house for sale per square foot works out to be £3,960. This means if you are just looking out the houses sold in Blackmoor in general and didn’t take into consideration the type of build. For example, a new build.
How are rental yields of the houses for sale different to the rest of the UK in Blackmoor?
The figure of rental yield is commonly looked at by investors who wish to increase their income by investing in areas where rental yields of the houses for sale are higher. Usually, the higher the rental yield, the more attractive a house for sale is for an investor.
Nonetheless, there are also instances where an investor will go with a house with lower yields in order to benefit from the appreciation of a house too which is why it’s vital to look in to all the details of Blackmoor.
The data below shows the rental yield, rent turnover and the percentage of the money made on the sale of a house. The data is broken down into the county city is in (Hampshire) as well as the broader region; South East.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Blackmoor||2.3%||£1,085||no relevant data for this city||13.0%|
Also, you can compare other data to the table above such as the number of houses sold per month in Blackmoor which is 6 and get a better understanding of the housing market.
This is great if you want to gauge if investors are actively looking for houses for sale in the area over other areas in the UK which may be an induction of how profitable Blackmoor is to invest in. Both in terms of rental yield and capital appreciation.
Are there more or fewer houses being built in Blackmoor?
Before making an investment and move forward with buying a house for sale, another important set of data an investor should analyse is the growth trends of the area in question.
Below are the forecasted growth rates for the city of Blackmoor at 1 year, 3 year and 5 year intervals:
|1 year||3 years||5 years|
|Blackmoor growth rate||-2%||18%||23%|
Examine this figure carefully as the addition of a lot of new houses to meet demand could mean that house price of the houses for sale in Blackmoor gradually reduces with an increase in the housing supply. This could be a good indicator to understand if your house will appreciate or not. Too many houses and too much supply could drive down the prices of homes or stagnate them. So be sure to check out what is exactly happening in Blackmoor.
Advice from experts on properties for sale in Blackmoor
Are you considering other cities with houses for sale?
Below are a list of towns with a similar location to Blackmoor.
Reading these analysis will help you evaluate the different houses for sale currently listed in South East:
- Broadbridge-Heath in South East
- Bray in South East
- Arborfield in South East
- Busbridge in South East
- Kingham in South East
If you are interested in some other city or even region of the UK, please visit the following page houses for sale in the UK it contains all the data related to the houses for sale.
Who should you talk to while going through the process of making an offer on a house for sale?
Several experts specialise in giving advice to property investors or to first time potential buyers.
Since the process of finding the right house for sale can take months, you have all the time to consult with the experts you might need.
Find here a list of those you should contact to get professional guidance and assistance when purchasing a house for sale:
- Lender – This practitioner can lend you money to finalise a house purchase
- Insurer – Insuring companies will provide you with the insurance policy you need to protect the house for sale you want to buy
- Legal representative – This professional is usually there to handle all the legal tasks associated with purchasing a home for sale.
- Surveyor – Carries out and independent valuation on the house for sale based on its conditions. It is very useful to understand the correct price before making an offer
- Mortgage specialist – Mortgage advisors works on commissions. They will get a cut from the bank and will guide you with offering the best deals given your financial situation
- Energy assessor – We strongly suggest you to invest in a professional assessment of the Energy Performance of the house for sale you want to purchase
A house for sale that is right for you
Criterias that have an impact on the actual price of a house for sale have been listed here below. Consider them all to find the perfect houses for sale in Blackmoor.
Affordability – check this article from the UK government to find out (see what house for sale you can afford)
Location – if the house for sale is in the city centre rather than further out, this may be why it is more expensive than the market average.
Transports near the house for sale – Being able to use public transports is a huge plus for a house, especially in big cities. This will have an impact on the price as well.
Bedrooms – the more bedrooms there are in a house for sale, the more tenants a buy to let investors will be able to host, therefore, realistically the price will also increase.
EPC of the house for sale – today more than ever, the energy performance of properties for sale on the market should be one of the first things you check.
Wi-Fi speed – We recommend you check the internet plans available for the areas where you are considering to buy a house for sale
Are you a motorist? – If yes, filter out your searches and compare prices of houses for sale with parking availability. Remember, a car parking space can cost as much as £400 per month
Conditions of the house for sale – New builds and properties that were recently built usually need little to no repairs; instead, other houses for sale may require consistent or structural maintenance. These investments that can be both expensive and laborious to complete. Before making your offer for a house for sale you should always carefully assess this criteria.