As a landlord, whenever you are looking at houses for sale in Kent, you could find varying prices throughout an area like Boughton Green. 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 Boughton Green 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 Boughton Green will be revealed. Keep reading.
How are rental yields of the houses for sale different to the rest of the UK in Boughton Green?
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 Boughton Green. 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 Boughton Green.
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 (Kent), a regional level (South East) and finally on the level of the city talked about in this article, Boughton Green.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Boughton Green||3.4%||£1,470||no relevant data for this city||11.0%|
You may also find it useful to compare the data above to the number of properties sold per month Boughton Green experiences. This figure for house sales per month is 20. 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.
Are there more or fewer houses being built in Boughton Green?
The growth of an area like Boughton Green 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|
|Boughton Green growth rate||no relevant data for this city||11%||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 Boughton Green if you want to find out the exact reasons for the housing change.
Asking price in Boughton Green 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 Boughton Green 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 £511,729.
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 Boughton Green.
Average price of houses for sale in Boughton Green
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£335,741|
|Average asking price (3 bed)||£418,643|
|Average asking price (4 bed)||£654,381|
|Average asking price (5 bed)||£954,318|
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 Boughton Green is £4,060. This should show you the general prices overall and for individual types of houses too.
In general, for the city of Boughton Green, 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 Boughton Green. In Boughton Green, this sale price works out to be £361,393. As an example, a factor like population growth over the last 10 years which works out to be 13% in Boughton Green and impacts house prices of the houses for sale.
|Housing category||Total final sale price|
|Average sold price (detached)||£463,366|
|Average sold price (semi-detached)||£321,780|
|Average sold price (terraced)||£282,402|
|Average sold price (flat)||£174,748|
Above, the exact type of house is also shown to vary in price in a table in Boughton Green. 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||£3,500|
|Average sold price/sqft (new build)||£3,490|
|Average sold price/sqft (old stock)||£3,420|
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 Boughton Green which is £3,780. 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.
What kind of demographics does the city of Boughton Green have?
In Boughton Green, what is the social grade score?
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 Boughton Green, the percentage of people in the two highest categories, A and B is 28%. 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 £49,200. This income will generally get bigger as the percentage of people in the A and B categories go up too (28%).
In the city of Boughton Green, the demographics are unique and must be looked at by themself to make a conclusion about the area before buying a house. This is because the growth could be greatly different to the wider area of Kent for example.
These demographics for Boughton Green may impact the price of a house, how this house grows over time and the profitability of a house if you are buying it for an investment so knowing the area is crucial for a landlord making a purchasing decision in the city of Boughton Green in South East.
Are the people in Boughton Green 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 (28%). 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 Boughton Green, this works out to be £49,200. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
In general, do people commit a lot of crime in Boughton Green?
Within Boughton Green, the number of people committing crimes is 96 per 1000 people. This figure directly relates to the safety of residents in the area which is one of the biggest factors in whether an area is considered desirable or not.
As a result, someone looking to buy a house here hoping for it to appreciate in value or buying a house here to produce rental income should check out the crime rate and compare it carefully to the UK average of 79.52 for every 1000 people to see how safe people living there will be.
If the area’s crime rate is too high, this may result in you having to pay for the renovation of burglaries or pay a premium on home insurance as insurance companies will charge you more for living in a dangerous area. So analyse this 96 figure carefully.
In the city of Boughton Green, has the population grown or shrunk?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Boughton Green if 22,066 and in the below heading how this population has changed will be broken down.
Like most data to do with houses, all data has to be considered holistically with multiple variables to determine if the population growth actually impacts the statistics that matter to you as a landlord in Boughton Green such as rental yield or house appreciation.
How has the population size of Boughton Green adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Boughton Green by 6%. Analysing this figure is a great way to tell if there is new demand for housing or not as a decreasing figure reduces the number of people who want to buy houses. Read more here
To compare this figure over a greater period of time, you could look at the figure for the 1 year population too and compare them. This way you can see if the population has changed recently or if this 6% change has historically occurred before. Click here to know more on the UK population trends.
Over the last 10 years, how has the population size adjusted in Boughton Green?
In the last decade, the population of Boughton Green has been adjusted by 13%. This growth may be as a result of factors like new industries employing people or emigration and immigration balancing out to create this population change.
A precedent that shows population change in this way over decades is the region of Greater London. The capital city has grown by 27% in the past 20 years. Population growth has caused house prices to go up to price523,666 on average.
In Boughton Green, how educated are people in general?
In the city of Boughton Green, 22% 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 Boughton Green is £49,200.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
Do the people of Boughton Green get to enjoy 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 Boughton Green, the city has 29.8 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 Boughton Green.
How deprived is the population of Boughton Green?
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 Boughton Green, in particular, the deprivation levels are 23%.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
Get professional help on the houses for sale in Boughton Green
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
Invest in a house for sale that meets your demands
Many criteria impact the price of houses for sale in Boughton Green.
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.
houses for sale in other cities in the UK
Examine this short list of cities belonging to South East, the same region where Boughton Green is located.
- Grayshott in South East
- Borstal in South East
- Eastoke in South East
- Alverstone in South East
- Deepcut in South East
If none of these is of your interest, we suggest you visit our landing page with all data related to the houses for sale in the UK.