Bulverhythe 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 Bulverhythe.
On top of this, keep reading for detailed information on the demographics of Bulverhythe 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 Bulverhythe, what are the demographics like?
Is there sufficient green space in Bulverhythe?
Whether you view green space in Bulverhythe 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 Bulverhythe, the number of acres of green space for every 1000 people currently is 11 which can be measured against the UK average of 1.7.
How educated are the people in Bulverhythe?
The number of people as a percentage who have been through university and gained a degree is 20%. The ability to buy a home is greatly influenced by the number of people who have degrees. £33,900.00 is the amount people in Bulverhythe 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 Bulverhythe, 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.
Bulverhythe within East Sussex is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Bulverhythe 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 Bulverhythe.
In Bulverhythe, what is the crime rate?
The crime rate of Bulverhythe must be looked at sceptically. The reason for this is that the crime rate can vary within a city greatly and the type of crime committed can also vary too.
For example, the area has a crime rate of 12600%, but another city may have a higher crime rate but not be deemed as dangerous due to lower level crime or minor offences being committed.
Either way, high crime rates are never a good sign so consider the rate against the UK average of 79.52 for every 1000 people as a benchmark.
Lower rates could mean things like home insurance is cheaper and you have to install fewer security measures throughout your house. Saving you money in the long run. So the statistic of crime rate (12600%) is both useful and is recommended to be compared to the average.
What is the social grade score of Bulverhythe?
In the city of Bulverhythe and throughout the UK, the social grade score is assessed by observing what type of jobs people have and then grouping this into a grading system.
In general, the people at the top of the scale (the A category) have the highest paid, most skilled jobs and this is just 4% of the general UK population. On the lower end of the scale, people who are on benefits, state pensions and also manual workers all are grouped into this category that represents the most unskilled.
When trying to determine if the area of Bulverhythe has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 15%.
Below, you can see how this compares to the National average as the average for the top two categories nationwide is 27% (Adding together the A and B categories)
|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|
Have the people of Bulverhythe grown in numbers?
The city of Bulverhythe has a total population of 28703. Large population sizes can be good to show there is a high demand for people to buy houses in the area but a better indication is if the population of Bulverhythe is growing.
A small population city can also have high prices of houses for sale, because, if there is a growing population, and demand is still high, this could mean the house prices are pushed up.
Either way, a population must also be looked at in terms of the appreciation of the area as well as the rental yields and if the area really meets your needs.
The five year population change of Bulverhythe
Over time, in the last five years, the population of the city of Bulverhythe has changed by 1%. This figure can tell you a lot because a growing population indicates a house is likely to appreciate. Read more here
In addition, looking at the 10 year figure for population growth in the below paragraphs can give you further evidence as to what the change in population has been for a longer period of time. As a result, you’ll know if this 1% population change is something that has been there for a while or if it is a new trend. Click here to know more on the UK population trends.
What is the difference in population over the last 10 years in Bulverhythe?
In the last 10 years, there has been a shift in the population of 3%.
Comparing this to the 5 year figure of Bulverhythe can tell you if there is a long history of population growth or decline, if there are population fluctuations or if the trend is stable.
New industries opening up in the area, the addition of new jobs and also international and national migration might all be reasons for changes in population size. Resulting in people moving in or leaving an area.
A good example of a quick change in population was in Stratford, London in 2012. Here, there was an increase in government spending in the area because of the Olympics which resulted in massive population growth.
How much are those living in Bulverhythe earning?
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 (15%). 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 Bulverhythe, this works out to be £33,900.00. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
Is the city of Bulverhythe deprived?
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 Bulverhythe, in particular, the deprivation levels are £0.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
Asking price in Bulverhythe for a house for sale
The average asking price for the houses for sale in the city of Bulverhythe
|Average asking price (1 bed)||£169,287|
|Average asking price (2 bed)||£264,440|
|Average asking price (3 bed)||£381,679|
|Average asking price (4 bed)||£459,163|
|Average asking price (5 bed)||£623,462|
After looking at this table about prices of houses for sale in Bulverhythe, someone who is buying a home would have a detailed understanding of what kind of house for sale is available on the market that 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 holistic understanding.
On average, in Bulverhythe, the asking price for a house for sale in the area is £339,034.
The below table puts this figure into perspective as you can see the various average sale prices of the different type of houses for sale in Bulverhythe. From a 1 bedroom house up to a 5 bedroom house.
As you can imagine, as the price goes up, the size of a room also goes up and in general, the larger a house is, the more you can expect the sale price to be as well.
Invest in houses for sale in Bulverhythe with the right professional advice
Who should you talk to while going through the process of making an offer on a house for sale?
Several experts specialise in giving advice to property investors or to first time potential buyers.
Since the process of finding the right house for sale can take months, you have all the time to consult with the experts you might need.
Find here a list of those you should contact to get professional guidance and assistance when purchasing a house for sale:
- Lender – This practitioner can lend you money to finalise a house purchase
- Insurer – Insuring companies will provide you with the insurance policy you need to protect the house for sale you want to buy
- Legal representative – This professional is usually there to handle all the legal tasks associated with purchasing a home for sale.
- Surveyor – Carries out and independent valuation on the house for sale based on its conditions. It is very useful to understand the correct price before making an offer
- Mortgage specialist – Mortgage advisors works on commissions. They will get a cut from the bank and will guide you with offering the best deals given your financial situation
- Energy assessor – We strongly suggest you to invest in a professional assessment of the Energy Performance of the house for sale you want to purchase
How are rental yields of the houses for sale different to the rest of the UK in Bulverhythe?
Is the housing market in Bulverhythe growing?
The growth of an area like Bulverhythe 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|
|Bulverhythe growth rate||-1%||22%||28%|
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 Bulverhythe if you want to find out the exact reasons for the housing change.
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 Bulverhythe, 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)|
|Bulverhythe||£0||£1,063||no relevant data for this city||£0|
Assuming that in the future you want to re-sell the house you will eventually purchased in Bulverhythe you might be interested in the number of sales per month (18) that happen in the local housing market. Comparing this figure for Bulverhythe with the above table gives you a good understanding of the profitability of the area.
What is the final sale price of a house in Bulverhythe?
In Bulverhythe, the average sale price of a house for sale is in fact £244,956. This is dependent on the 10 year population growth of Bulverhythe being 3%. Growing populations are more likely to inflate the prices of houses for sale in the city of Bulverhythe.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£368,737|
|Aerage sold price (semi-detached)||£256,261|
|Aerage sold price (terraced)||£219,529|
|Aerage sold price (flat)||£161,779|
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 Bulverhythe.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£2,770|
|Aerage sold price/sqft (new build)||£3,520|
|Aerage sold price/sqft (old stock)||£2,650|
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 £2,770. This means if you are just looking out the houses sold in Bulverhythe in general and didn’t take into consideration the type of build. For example, a new build.
House for sale in a different UK region
You can consult our list below that goes over a list of cities not necessarily in South East, allowing you to find similar places to Bulverhythe:
- banff in South East
- largs in South East
- trimdon in South East
- biggin in South East
- merriott in South East
You may also refer to our webpage specific to UK houses for sale to get an overview of the large number of cities in the area, houses for sale in the UK
Finding the ideal house for sale for you
What parameters impact the final price of a house for sale in Bulverhythe?
Here below is our list with the most important ones:
House for sale affordability – check out the (see house affordability guide)
on the UK gov website to know more
House Location – the actual location of a house for sale drastically changes the final price of a property
Transports you can reach by foot – Commuting is part of our lives, especially in big cities, check it out before buying a house for sale.
Number of bedrooms – Usually, the bigger the house for sale the more bedrooms it will have. For example, if you are a single person (or a couple) one bedroom will do.
Energy Performance Certificate of the house for sale – Bad EPCs can result in thousands of pounds more in bills you will have to pay on an annual basis. Consider this when purchasing a new property.
Internet connection – Having a quick internet connection is fundamental nowadays. Check the area of the house for sale to understand what the average internet speed is and see if it fits your needs
Do you drive to the office? – If yes, ask about parking. Is it included in the house price?
Special areas – Start by taking a look at the National Heritage list by the UK government. If a house listed for sale appears in the list, the future landlord won’t be able to invest in changes to the real estate asset.
Houses for sale Conditions – When looking for houses for sale you should always consider the amount of time and money you will have to invest to complete the needed repairs, if any at all.
Frequently Asked Questions (FAQ)
Do properties in Bulverhythe offer renovation potential?
Properties in the city of Bulverhythe may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are 8 approvals every month with an approval of 59% based on a population of 28703. Compare other places in the UK to make this figure make more sense.
In Bulverhythe, how many property sales per month are there?
Bulverhythe boasts a monthly total of 18 property transactions, while the entire UK witnesses approximately 1.1 million property sales. You can visit our pages that give information on houses for sale based on Rightmove data from the same region using the link
What’s the year-over-year population change in Bulverhythe or similar cities?
To work out how the population of Bulverhythe has changed over time, you can look at the population change over a decade which is 3% and the change in a five year period two which falls at 1%. Compare the two and look at the population growth or decline in recent times to really make sure you have a good understanding of the population
What are the asking rates for houses for sale in the surrounding area of Bulverhythe?
The current average price per square foot for a house in Bulverhythe stands at £0, considering the mean cost for each square foot of houses for sale there.
Does opting for a house for sale in Bulverhythe come with a hefty price tag?
To assess the affordability of a property, locate a house for sale and contrast it with the mean selling prices. In Bulverhythe, the value is £244,956, whereas the UK’s mean is £286,500