How much will you pay for a house for sale in Boarshead?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in the South East $ How much will you pay for a house for sale in Boarshead?

Boarshead 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 East Sussex.
Before looking for a house for sale in the city of Boarshead 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 Boarshead.

Why you should consider the average rental yield when searching for houses for sale in Boarshead

Let’s consider that you’re not looking to buy a house for sale to live in for the long term future such as if you changed location with your family and want to settle down and you want to find somewhere to buy as an investor in Boarshead. If this is the case, rental yield is a crucial statistic to consider.

If looking to invest, you should also consider other data about the area. The average rental income, the turnover of the sale of the house and what the net rental yields are like for the area do also have an impact on the final price of houses for sale in Boarshead.

It is clear to see from the table below that there is a difference between all of these pieces of information and how they can be compared and contrasted on a county level (East Sussex), a regional level (South East) and finally on the level of the city talked about in this article, Boarshead.

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%

You may also find it useful to compare the data above to the number of properties sold per month Boarshead experiences. This figure for house sales per month is 25. Looking at all this information holistically is what a smart investor should do when deciding on the right area for investment before looking for houses for sale.

Is the housing market in Boarshead growing?

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 Boarshead at 1 year, 3 year and 5 year intervals:

1 year 3 years 5 years
Boarshead growth rate 4% 29% 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 Boarshead 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 Boarshead.

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

There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Boarshead. In Boarshead, this sale price works out to be £398,272. As an example, a factor like population growth over the last 10 years which works out to be 10% in Boarshead and impacts house prices of the houses for sale.

Housing category Total final sale price
Average sold price (detached) £539,746
Average sold price (semi-detached) £350,830
Average sold price (terraced) £289,556
Average sold price (flat) £190,551

Above, the exact type of house is also shown to vary in price in a table in Boarshead. You may think that the bigger the house is the more expensive, but actually, this table is more based on the demand for the properties in each category.

Housing category Sale price per square foot
Average sold price/sqft £3,600
Average sold price/sqft (new build) £3,750
Average sold price/sqft (old stock) £3,520

In addition, here is the price per square foot. By taking this data and doing an average, it is also possible to work out the average square foot of houses in Boarshead which is £3,640. From here you can get a sense of the price of the overall housing market and therefore, also find out the prices of the houses for sale.

Are there any important statistics about the population of Boarshead?

What’s crime like in Boarshead?

For the city of Boarshead, crime rate is at 43. So for every 1000 people in the area, 43 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.

How much are those living in Boarshead earning?

While not always the case, the amount people earn can be associated with better schools in the area and perhaps a nicer environment to live in.

£50,500 is the average household income of the area. And the higher this figure is the more likely it is that there is a higher percentage of people with a social grade score in the A or B categories which is 30% for Boarshead.

Boarshead in the county of East 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 Boarshead 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 Boarshead, 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.

For the city of Boarshead, what is the education level?

In the city of Boarshead, 31% 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 Boarshead is £50,500. 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.

What is the population of Boarshead?

Population growth in Boarshead 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 Boarshead, 24,879 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 Boarshead 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 Boarshead, this change has been 4%. 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 4%. Click here to know more on the UK population trends.

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

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 10% in Boarshead.

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.

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

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.

Are the deprivation levels of the UK any different to Boarshead?

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 Boarshead, in particular, the deprivation levels are 15%.

This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.

What’s a social grade score and how does it relate to Boarshead?

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 (%)
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

What is the asking price on average of houses for sale in Boarshead?

Table showing the asking prices for 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

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 (£3,670) for houses for sale with this table to get a good idea as to whether Boarshead is the right area to buy a house in for you.

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 Boarshead is £538,196.

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 Boarshead is useful when negotiating and knowing what to expect for every type of house for sale.

Professional advice for houses for sale in Boarshead

Choose the right house for sale that suits your needs

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 Boarshead.

  • 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.

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

Are you considering other cities with houses for sale?

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 Boarshead:

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