Brockbridge 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 Hampshire.
Before looking for a house for sale in the city of Brockbridge 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 Brockbridge.
In Brockbridge, what do houses for sale tend to sell for?
There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Brockbridge. In Brockbridge, this sale price works out to be £435,840. As an example, a factor like population growth over the last 10 years which works out to be 9% in Brockbridge and impacts house prices of the houses for sale.
|Housing category||Total final sale price|
|Average sold price (detached)||£533,585|
|Average sold price (semi-detached)||£350,864|
|Average sold price (terraced)||£296,416|
|Average sold price (flat)||£203,113|
Above, the exact type of house is also shown to vary in price in a table in Brockbridge. 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||£3,610|
|Average sold price/sqft (new build)||£3,580|
|Average sold price/sqft (old stock)||£3,590|
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 Brockbridge which is £3,610. 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 are the asking prices for the houses for sale in the city of Brockbridge?
When investors make offers for houses for sale in Brockbridge, the average price asked by the homeowners works out to be £529,678.
In the table below, for all the different sizes of houses in the area, the average asking prices have been displayed. This tells you what kind of house is more or less expensive and sought after despite houses with fewer bedrooms being overall less expensive anyway.
Any house that looks like it is overpriced for the number of bedrooms it has in Brockbridge is typically not overpriced. It is just the case that that type of housing has a higher demand, therefore, people are willing to pay more.
In the city of Brockbridge, what is the average asking price for the houses for sale?
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£318,608|
|Average asking price (3 bed)||£449,942|
|Average asking price (4 bed)||£672,172|
|Average asking price (5 bed)||no relevant data for this city|
After looking at this table about prices of houses for sale in Brockbridge, someone who is buying a home would be able to know in great detail what kind of house for sale available on the market best suits the amount of money they are looking to invest. Also, using a more general figure like the average asking price per square foot of a property which is £0 will help them to have a more wholistic understanding.
Are there any important statistics about the population of Brockbridge?
Brockbridge within Hampshire is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Brockbridge will be looked at by comparing it to the local region, as well as comparing it to the wider region too (South East). From what the population of the city is to how it’s growing as well as factors like the overall crime rate.
This data is impacted by the history of the area and what kind of industry there is around. All of which also impact house prices which is crucial for you to understand as you look at houses for sale in Brockbridge.
How much green space is available to residents of Brockbridge?
Whether you view green space in Brockbridge as important to you as a homeowner is up to your personal preferences. Having said this, there is a clear benefit on the overall health of people who live near green space as the government has stated keeping green space in proximity to people is one of the biggest factors for combating obesity.
In Brockbridge, the number of acres of green space for every 1000 people currently is 43.2 which can be measured against the UK average of 1.7.
What’s crime like in Brockbridge?
In Brockbridge, for every 1000 people, there is currently a crime rate of 55. 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 (55 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 city of Brockbridge’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 Brockbridge in grades A or B which are the highest skilled roles in the country is 38%. Realistically, you can expect workers in this category to earn a higher salary too.
For comparison, £54,800 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 38%.
How much do people in Brockbridge earn?
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 Brockbridge, the average income is £54,800. 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 38% to decide on what the demographics are like in the area.
In Brockbridge, what are the deprivation levels like?
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 Brockbridge, in particular, the deprivation levels are 13%.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
How educated are the people in Brockbridge?
The number of people as a percentage who have been through university and gained a degree is 39%. The ability to buy a home is greatly influenced by the number of people who have degrees. £54,800 is the amount people in Brockbridge are earning.
As you can tell, this figure along with the number of people who have degrees roughly correlate. For reference, the percentage of people who have degrees in the UK is 22.6% and the average household income is.
As a general rule, the bigger the difference between this 22.6% figure and the percentage of people with a degree in Brockbridge, the bigger the difference in the ability to earn and hence buy a house. A higher number of degrees will increase the potential for people to earn and hence the buying power of the population. This will also push up the price of houses in the area.
Nonetheless, making accurate estimates for the appreciation of homes must be done with other pieces of data in mind such as the rental yields or perhaps the crime rate of the area to name some examples.
What is the population of Brockbridge?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Brockbridge if 19,871 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 Brockbridge such as rental yield or house appreciation.
How has the population size of Brockbridge adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Brockbridge by 4%. 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 4% 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 Brockbridge?
In the last decade, the population of Brockbridge has been adjusted by 9%. 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.
What’s the rental yield in general for the city of Brockbridge?
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 Brockbridge, 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 Hampshire, to give a smaller scale area to compare the data to.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Brockbridge||3.6%||£1,603||no relevant data for this city||9.0%|
Assuming that in the future you want to re-sell the house you will eventually purchased in Brockbridge you might be interested in the number of sales per month (13) that happen in the local housing market. Comparing this figure for Brockbridge with the above table gives you a good understanding of the profitability of the area.
What is the growth in the housing market of Brockbridge?
The growth of an area like Brockbridge 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|
|Brockbridge growth rate||8%||21%||21%|
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 Brockbridge if you want to find out the exact reasons for the housing change.
Invest in houses for sale in Brockbridge with the right professional advice
Invest in a house for sale that meets your demands
Many criteria impact the price of houses for sale in Brockbridge.
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.
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
House for sale in the same UK region
We have prepared a list of cities in South East, the same UK region of Brockbridge that can help you evaluate the different houses for sale listed in the region:
- Crowthorne in South East
- Brockbridge in South East
- Binstead in South East
- Chiltington in South East
- Bells-Yew-Green in South East
Alternatively, you can visit our webpage dedicated to houses for sale in the UK, houses for sale in the UK.