What is it like buying a house in Bladon?

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 Bladon?

Bladon 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 Oxfordshire.
Before looking for a house for sale in the city of Bladon 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 Bladon.

What are the asking prices for the houses for sale in the city of Bladon?

As you go ahead and make offers on a house for sale, it is sometimes best to know what other people are offering for the same type of house for sale so you know what to offer yourself to get a good deal. So you should know, the average asking price of Bladon is £566,364.

Even though the asking price is not what the eventual price the house is sold at, making a note of the averages for the city of Bladon is useful when negotiating and knowing what to expect for every type of house for sale.

Average price of houses for sale in Bladon

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) no relevant data for this city
Average asking price (4 bed) no relevant data for this city
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 in terms of the house asking price, the average asking price for the house for sale in the whole of Bladon is £0. This should show you the general prices overall and for individual types of houses too.

In general, for the city of Bladon, what are the final purchase prices for the houses for sale?

As well as looking at the asking price for house for sale in Bladon, a sensible homeowner or investor will also consider the final price a house sells for. This final price may be influenced by elements like the amount people are earning in the area and what opportunities for employment there are in Bladon.

Houses for sale, are sold on average in Bladon, after the influence of these factors, at £466,752 as a result. And may be on the rise or decline depending on a combination of variables such as the crime rate, or population growth which was 7% over the last 10 years.

Housing category Total final sale price
Aerage sold price (detached) £657,176
Aerage sold price (semi-detached) £441,869
Aerage sold price (terraced) £410,965
Aerage sold price (flat) £273,848

This table above shows the average sale price for each variation of houses for sale in Bladon.

Housing category Sale price per square foot
Aerage sold price/sqft £4,240
Aerage sold price/sqft (new build) £4,260
Aerage sold price/sqft (old stock) £4,130

This final table looks at the price per square foot of houses for sale. Looking at the final table, you can take a further average and conclude that the average price per square foot of houses in general in Bladon is £4,240.

This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.

In Bladon, what are the rental yields?

In Bladon, how has the number of houses changed?

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 Bladon that shows the growth in recent years.

1 year 3 years 5 years
Bladon growth rate 10% 19% 17%

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 Bladon is important.

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 Bladon to Oxfordshire and the broader suburb of the UK; South East.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Bladon 2.9% £1,391 no relevant data for this city 17.0%
Oxfordshire 3.64% £1,404 124.23% 15.46%
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 Bladon for profit in the future, in this case, looking at the data for the number of houses sold per month in Bladon would give you an idea of whether the area is actively getting new investors. This figure is 3.

It is vital you be careful with this figure however as the data can suggest something that isn’t true in Bladon. 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.

What kind of demographics does the city of Bladon have?

Is the city of Bladon deprived?

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Bladon, currently, 16% 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.

The city of Bladon, situated in Oxfordshire, is a particularly impressive part of the UK because of the specific demographics of the location.

In the below headings, the city of Bladon 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 Bladon. So, taking a good look at the data is essential to understand the area you are considering to buy in.

In the city of Bladon, has the population grown or shrunk?

Population growth in Bladon 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 Bladon, 4,813 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 Bladon 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 Bladon, this change has been 3%. 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 3%. Click here to know more on the UK population trends.

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

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 7% in Bladon.

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.

What salary does the community in Bladon take home?

By and large, a higher household income in a population can have positive effects on the crime rate and the quality of space. This is due to the fact that higher earners tend to buy houses where there are better schools and more desirable amenities that impact the quality of life someone has.

In Bladon, the average income is £56,300. Measuring this figure against the average household income for the UK of price34,000 should tell you if the city is higher or lower earning.

When buying a house, use this statistic with other factors when making a decision too like the crime rate or the social grade score of 43% to decide on what the demographics are like in the area.

In Bladon, what is the crime rate?

For the city of Bladon, crime rate is at 54. So for every 1000 people in the area, 54 commit a crime which is prosecuted. Paying close attention to this figure of crime rate is not only important for the value of a house but also to calculate the maintenance cost of owning a house and how attractive an area can be for future buyers.

So, compare it to the nationwide average of 79.52 per 1000 people and consider if you are happy with this figure based on the price you’re paying for a house you’re interested in.

On top of this, houses that are in areas where there is a high crime rate tend to have to pay higher insurance rates, costing a homeowner in the long term.

Additionally, paying for further security on a house such as CCTV or potentially gates and fences that deter thieves may be necessary for an area with a high crime rate.

What is the city of Bladon’s social grade score?

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 Bladon in grades A or B which are the highest skilled roles in the country is 43%. Realistically, you can expect workers in this category to earn a higher salary too.

For comparison, £56,300 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 43%.

In the city of Bladon, is there a lot of green space?

In the city of Bladon, there are 8.5 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 Bladon is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.

What is the education level like in Bladon?

Interestingly, the percentage of people who have a degree in the city of Bladon is 38%. Most of the time, the more people that have a degree, the higher the average household income and the more likely someone is to be able to afford to purchase a house. For example, the average income of the citizens in the area of Bladon is £56,300.

Generally, areas with high numbers of people with a degree are also areas with more people likely to be home owners and therefore the value of houses and relative prices of the houses for sale are more likely to go up too.

Nonetheless, making predictions about the appreciation of a house also has to be considered alongside other factors like population growth and the rental yields of the area.

However, most of the time, being educated is a good indication of affluence with 82% of people graded a first in tertiary education going on to eventually own a house.

Get professional help on the houses for sale in Bladon

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 Bladon.

  • 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.

houses for sale in other cities in the UK

You can assess the various houses for sale offered in the area by consulting this list of cities in South East, the same UK region as Bladon:

You may also refer to our landing page specific to UK houses for sale, houses for sale in the UK

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