Boarshead can be a tough place to find accurate information like any city in the UK. Read on to learn about which data to stay on top of when looking at house for sale in Boarshead.
On top of this, keep reading for detailed information on the demographics of Boarshead in East Sussex. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.
In Boarshead, what are the demographics like?
What is the city of Boarshead’s social grade score?
Most of the time, the social grade score of a city is what it takes to determine what the economic levels are like as this score refers to what type of jobs the people of the area generally work as. So, from highly skilled, managerial roles, to the manual labour workers of the UK, how does Boarshead compare?
At the highest end of the scale (A) jobs that are managerial administrative or professional are all lumped into this category. On the other hand, there is the lowest grade (E) where workers who are on benefits, state pensions or work casual jobs fall into.
In Boarshead, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 30%.
So you can compare this data, here is the estimated grouping of the social grades of the UK for the general population. Adding the two highest categories of A and B and comparing this percentage to the high social grade score which combines A and B should give you a good comparison.
Social Score | Category | The proportion of the UK population (%) |
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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 |
In the city of Boarshead, has the population grown or shrunk?
In total, the number of people in Boarshead is 24,879. This figure can be used to estimate the appreciation of the houses but it is also important you look at the population growth figure in order to make this more accurate.
Whether a large population benefits you as a landlord is dependent on what you want from a home. A large population is great if you have children who prefer the bustle of crowds in cities but there are also those who purposely want to buy somewhere rural.
You may also be able to find a balance of both where there are shops, restaurants and entertainment and also rural areas all within a short distance which may be the case ni Boarshead, depending on where exactly you are.
How has Boarshead changed in the past five years?
Five years provides enough time for a city to grow dramatically. It may be the case that the population grows or shrinks but the city of Boarshead has changed by 4%. Read more here
It is also helpful to compare this data to a longer time period like 10 years like in the below subheading. If the population trend of growth or decline has been there for a longer period of time you’ll be able to tell if 4% is a recent change or not.
Click here to know more on the UK population trends.
In the last decade, what is the difference in population in Boarshead?
10% has been the population growth change in the past 10 years.
Usually, this is more of a conservative figure compared to the five year change of a city.
Industrial changes can also be the reason for this shift but it could also be due to immigration or emigration. Bringing people in or out of the area.
The recent global pandemic has also shifted the number of people living in cities as people realise they can now work remotely. It may be that the people of a Boarshead have seen a more desirable way of working, moving to make themselves more comfortable in their careers.
For example, the population of the South west of England has seen a massive increase in population because workers want to move there to benefit from the slightly better weather, lower house prices and also the rural area. Nonetheless, they can also benefit from travelling to the capital city of the UK, London.
What’s crime like in Boarshead?
For every one thousand people living in Boarshead, 43 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 43 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.
Located in East Sussex is the city of Boarshead, 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 Boarshead 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 Boarshead 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.
How much green space is available to residents of Boarshead?
Providing the right amount of green space for people in the UK is a difficult subject because there are clear benefits for human health but at the same time, it is hard to make sure all areas of the UK can get enough greenery. This is a result of land being already in use in cities where most people live.
In Boarshead, 21.5 is the amount of acres of outdoor space there is for every 1000 people. Charities such as ‘Fields in Trust’ recommend there to be at least 6 acres. This should allow you to conclude whether this green space is sufficient for you if you are interested in buying in Boarshead.
What is the education level like in Boarshead?
In the city of Boarshead, 31% people have a degree from a university. The higher this proportion is, in general, the more likely it is that the population is able to buy a house.
Interestingly, as people who have degrees go up, the average income of the area goes up too. You can see if there is a correlation, the average household income in the UK is price34,000 and the average income in Boarshead is £50,500.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
Are the people in Boarshead earning a lot?
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 (30%). 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 Boarshead, this works out to be £50,500. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
In Boarshead, what are the deprivation levels like?
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Boarshead, currently, 15% 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.
House for sale in the same UK region
We have prepared a list of cities in South East, the same UK region of Boarshead that can help you evaluate the different houses for sale listed in the region:
- Bexhill in South East
- Bletchingley in South East
- Brasted in South East
- Boarshead in South East
- Adwell in South East
Alternatively, you can visit our webpage dedicated to houses for sale in the UK, houses for sale in the UK.
Always consider average rental yield when searching for houses for sale in Boarshead
Assuming you are not looking for a house for sale in a certain area because of private reasons such as being close to a family member or you have been relocated to a new office, these are some of the factors to consider in order to understand if an investment is worth your money.
Investors typically look at data such as the average rental yield, the average asking price of rent per month, rent turnover and sale turnover. These KPIs give property investors a solid idea of how the market is performing in that area.
For the city of Boarshead, the below table demonstrates this well. To make things simple, it compares these numbers to the wider region of the UK; South East. As well as East Sussex, to give a smaller scale area to compare the data to.
Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
---|---|---|---|---|
Boarshead | 3.2% | £1,445 | no relevant data for this city | 20.0% |
East Sussex | 3.51% | £1,258 | 139.11% | 13.90% |
South East | 3.58% | £1,301 | 127.50% | 16.69% |
Assuming that in the future you want to re-sell the house you will eventually purchased in Boarshead you might be interested in the number of sales per month (25) that happen in the local housing market. Comparing this figure for Boarshead with the above table gives you a good understanding of the profitability of the area.
In Boarshead, how has the number of houses changed?
The growth of an area like Boarshead 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 | |
---|---|---|---|
Boarshead growth rate | 4% | 29% | 23% |
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 Boarshead if you want to find out the exact reasons for the housing change.
Asking price in Boarshead for a house for sale
Average prices for the houses for sale in Boarshead
Average asking price (1 bed) | no relevant data for this city |
Average asking price (2 bed) | £308,540 |
Average asking price (3 bed) | £466,399 |
Average asking price (4 bed) | £637,564 |
Average asking price (5 bed) | £895,200 |
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 Boarshead is £3,670. This should show you the general prices overall and for individual types of houses too.
When speaking about the city of Boarshead, £538,196 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 in Boarshead would be after a larger house than someone living alone.
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.
Professional advice for houses for sale in Boarshead
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
A house for sale that is right for you
Many criteria impact the price of houses for sale in Boarshead.
Here below are the most important ones according to Lofti’s expertise:
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Affordability – (see what house for sale can you afford?)
A guide from the UK government
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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.
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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
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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
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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.
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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
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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
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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.
In general, what do houses for sale sell for in Boarshead?
In Boarshead, the average sale price of a house for sale is in fact £398,272. This is dependent on the 10 year population growth of Boarshead being 10%. Growing populations are more likely to inflate the prices of houses for sale in the city of Boarshead.
Housing category | Total final sale price |
---|---|
Aerage sold price (detached) | £539,746 |
Aerage sold price (semi-detached) | £350,830 |
Aerage sold price (terraced) | £289,556 |
Aerage sold price (flat) | £190,551 |
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 Boarshead.
Housing category | Sale price per square foot |
---|---|
Aerage sold price/sqft | £3,600 |
Aerage sold price/sqft (new build) | £3,750 |
Aerage sold price/sqft (old stock) | £3,520 |
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 £3,640. This means if you are just looking out the houses sold in Boarshead in general and didn’t take into consideration the type of build. For example, a new build.
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