A guide on houses for sale in Blackstone

As a landlord, whenever you are looking at houses for sale in West Sussex, you could find varying prices throughout an area like Blackstone. 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 Blackstone 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 Blackstone will be revealed. Keep reading.

Other cities you can consider looking for with houses for sale

See here below a list of cities in the same UK region of Blackstone which is South East. You might want to consider these as alternatives for your next real estate investment:

• Dover in South East
• Bulverhythe in South East
• Westgate-On-Sea in South East
• Milton-Keynes in South East
• Aldington in South East

Or, visit our dedicated page on the houses for sale data for the whole of the UK – houses for sale in the UK.

Who can help you buy a house for sale in Blackstone?

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

What are the demographics like in the city of Blackstone?

Are the people of Blackstone deprived?

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Blackstone, currently, 17% 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’s crime like in Blackstone?

In Blackstone, for every 1000 people, there is currently a crime rate of 49. 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 (49 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.

What is the social grade score of Blackstone?

The social grade score is a good indicator of what type of jobs people generally work in the area. Whether that be working in the primary sector, secondary sector, tertiary sector or maybe the quaternary sector of jobs.

The scale is slightly different to this though on a scale of A to E. A refers to people who are in the most skilled, managerial roles whereas E include people such as casual workers.

In Blackstone, the percentage of people in the two highest categories, A and B is 32%. This figure includes people who are therefore most likely to be more skilled and have higher paid jobs.

When contrasting these figures, the average household income for the area is £45,300. This income will generally get bigger as the percentage of people in the A and B categories go up too (32%).

Have the people of Blackstone grown in numbers?

Population growth in Blackstone 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 Blackstone, 7,123 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 Blackstone 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 Blackstone, this change has been 7%. 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 7%. Click here to know more on the UK population trends.

Over the last decade, how has the population differed in Blackstone?

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 11% in Blackstone.

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.

Blackstone in the county of West Sussex 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 Blackstone 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 Blackstone, 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.

In the city of Blackstone, is there a lot of 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 Blackstone currently has 15.7 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 Blackstone in this case.

Is the education level of Blackstone important when buying a house?

In the city of Blackstone, 33% of people have degrees. In general, as the number of people who are highly educated goes up, the more likely they are to have the ability to buy houses as their annual household income goes up too.

So you can see for yourself, the average income for the people of Blackstone is £45,300. This generally goes up with the education level of the area. Additionally, looking at the difference between the proportion of people with degrees and the UK average for this statistic (22.6%) should give you an idea of the affluence and education of the city.

A higher education level can therefore tell you if the house prices are likely to be high as the higher income level often results in people buying a bigger, more valuable house.

Having said this, whale education level can be a good factor to go by, there are also things like the rental yields, the population growth and social grades scores that can impact the value of a house and whether it will go up in value as time goes on.

How much do people in Blackstone 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 (32%). 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 Blackstone, this works out to be £45,300. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.

Asking price in Blackstone for a house for sale

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 Blackstone 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 £690,348.

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 Blackstone.

Table showing the asking prices for houses for sale in Blackstone

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)	£533,632
Average asking price (4 bed)	no relevant data for this city
Average asking price (5 bed)	£1,087,273

Based on this table, hopefully, you will be able to tell what type of house for sale is the most suitable for your budget. You can also consider the average asking price per square foot (£0) for houses for sale with this table to get a good idea as to whether Blackstone is the right area to buy a house in for you.

What is the final sale price of a house in Blackstone?

In Blackstone, houses for sale are sold at an average of £455,497. 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 Blackstone. 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)	£570,270
Aerage sold price (semi-detached)	£375,564
Aerage sold price (terraced)	£328,493
Aerage sold price (flat)	£201,128

As you can see above, for Blackstone, 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 11% where lots of movement may inflate or deflate house prices.

Housing category	Sale price per square foot
Aerage sold price/sqft	£3,880
Aerage sold price/sqft (new build)	£3,570
Aerage sold price/sqft (old stock)	£3,910

Looking at the second table about Blackstone, 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 Blackstone is £3,880.

Always consider average rental yield when searching for houses for sale in Blackstone

In Blackstone, how has the number of houses changed?

The growth of an area like Blackstone can be a great indicator of a thriving city and the influx of new people can drive demand for housing and help appreciate the value of your house after you buy it.

Paying attention to the table below tells you how the number of houses has changed over time at one year, three year and five year intervals.

	1 year	3 years	5 years
Blackstone growth rate	-6%	16%	16%

Despite the number of houses being built rising, this may not indicate that the housing price of the houses for sale is going up. It could be the case that there are a lot of new builds in the area which are causing the supply of the houses for sale to match demand and this could cause a decline in house price as time goes on.

Make sure you do your own research specific to the city of Blackstone if you want to find out the exact reasons for the housing change.

If you’re buying a house for investment rather than for the reason to live in the house over time and use the house as a place to stay in the long term, there is a need to look at the rental yield figure to see if the house for sale you are considering to buy is a good investment or not.

This figure is usually looked at by investors as well as the rental income of the area, the sale turnover and the rent turnover.

The table below represents this data and compares Blackstone to West Sussex and the broader suburb of the UK; South East.

	Average Yield	Average Asking rent	Turnover (rental)	Turnover (sale)
Blackstone	no relevant data for this city	no relevant data for this city	no relevant data for this city	15.0%
West Sussex	3.49%	£1,280	132.83%	17.69%
South East	3.58%	£1,301	127.50%	16.69%

Let’s assume you want to sell the house you’re looking to buy in Blackstone for profit in the future, in this case, looking at the data for the number of houses sold per month in Blackstone would give you an idea of whether the area is actively getting new investors. This figure is 6.

It is vital you be careful with this figure however as the data can suggest something that isn’t true in Blackstone. To give an example, a lot of people buying new houses could also indicate there are a lot of new first time buyers in the area which would in fact drive down the rental yield.

The more people there are interested in renting, rather than buying, the more likely that area of the UK has high rental yields and hence investors like these areas to invest in to create a large amount of cash flow.

Choose the right house for sale that suits your needs

Many criteria impact the price of houses for sale in Blackstone.
Here below are the most important ones according to Lofti’s expertise:

• Affordability – (see what house for sale can you afford?)

  A guide from the UK government

• House Location – The borough and region of the UK you want to invest in is an important factor to consider when looking for a home for sale.

• Transport – Commuting can be a waste of time. Minimise it by checking how long it will take from the house for sale you’re interested in, to your office before considering buying

• Number of bedrooms – The number of bedrooms goes hand in hand with the house for sale price. If you are buying for the long period try to think if you might need an extra bedroom

• Energy performance of the house for sale – The difference between an EPC rating of A and an EPC rating of G can impact your monthly utility bills, consider this when evaluating houses for sale.

• Internet connection – Being able to take video calls from your home is crucial nowadays, always check the broadband of the area when browsing houses for sale

• Car park – Ask the property seller for parking availability. If it is included in the price of the house for sale, you can justify paying more than you would at first glance

• Conditions of the house for sale – Repair works can be expensive and take a lot of time, assess the conditions of the houses listed for sale before making an official offer.