A guide on houses for sale in Burghfield

by | Nov 15, 2022

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Whenever looking for a house for sale in the UK or in Burghfield, it is vital you look at the market trends and house price fluctuations in the wider area of Berkshire too. House prices of houses for sale can change even among different streets very close to each other so, as a landlord, it would be a good idea to be familiar with the area of Burghfield.

In this article, we will be looking at the city of Burghfield in detail so you know how to navigate the area and have a better understanding on where to invest.

Asking price in Burghfield 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 Burghfield 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 £448,333.

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 Burghfield.

The average asking price for the houses for sale in the city of Burghfield

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £311,815
Average asking price (3 bed) £429,575
Average asking price (4 bed) £627,429
Average asking price (5 bed) no relevant data for this city

The above table is perfect for understanding the distribution of properties in the area as well as looking at this data alongside the average asking price per square foot of £0. Telling you what type of house is most in demand relative to the price of the area.

This could be due to more people looking at particular types of houses for sale over others or even due to the fact that Burghfield has a lack of supply of housing in certain categories.

In general, what do houses for sale sell for in Burghfield?

In Burghfield, houses for sale are sold at an average of £355,944. In general, multiple factors impact this figure because lots of variables impact properties valuation. This can include the quality of the buildings in general, whether the population has grown, if there is demand for housing or if there is a low crime rate which would make the area more desirable.

In the table below, you can see for yourself how the average price of a house for sale looks based on the different sizes of housing in Burghfield. The exact amount of variation between the types of housing depends on the local demand for particular types of houses in the area.

Housing category Total final sale price
Aerage sold price (detached) £510,685
Aerage sold price (semi-detached) £353,965
Aerage sold price (terraced) £303,169
Aerage sold price (flat) £211,063

As you can see above, for Burghfield, price varies based on the type of house that is being sold. If these prices shock you it could be due to population change in the last 10 years of 3% where lots of movement may inflate or deflate house prices.

Housing category Sale price per square foot
Aerage sold price/sqft £3,870
Aerage sold price/sqft (new build) £3,760
Aerage sold price/sqft (old stock) £3,840

Looking at the second table about Burghfield, you are able to tell which type of housing is most affordable to you as a buyer. However, for a general overview of what house price is, the average price per square foot for a house in Burghfield is £3,870.

What are the demographics like in the city of Burghfield?

What’s crime like in Burghfield?

For every one thousand people living in Burghfield, 58 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 58 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.

Burghfield within Berkshire is notable for the type of people that live there. The statistics below show how this is the case.

As you read on, Burghfield 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 Burghfield.

What does the population of Burghfield look like?

Population growth in Burghfield 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 Burghfield, 27,996 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 Burghfield 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 Burghfield, this change has been 0%. 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 0%. Click here to know more on the UK population trends.

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

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 3% in Burghfield.

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.

How educated are the people in Burghfield?

Interestingly, the percentage of people who have a degree in the city of Burghfield is 26%. Most of the time, the more people that have a degree, the higher the average household income and the more likely someone is to be able to afford to purchase a house. For example, the average income of the citizens in the area of Burghfield is £56,000.

Generally, areas with high numbers of people with a degree are also areas with more people likely to be home owners and therefore the value of houses and relative prices of the houses for sale are more likely to go up too.

Nonetheless, making predictions about the appreciation of a house also has to be considered alongside other factors like population growth and the rental yields of the area.

However, most of the time, being educated is a good indication of affluence with 82% of people graded a first in tertiary education going on to eventually own a house.

How much do people in Burghfield earn?

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.

£56,000 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 29% for Burghfield.

In Burghfield, what is the 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 Burghfield 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 Burghfield, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 29%.

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

Do the people of Burghfield 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 Burghfield, the city has 12.5 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 Burghfield.

How deprived is the population of Burghfield?

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 Burghfield, in particular, the deprivation levels are 21%.

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

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

The figure of rental yield is commonly looked at by investors who wish to increase their income by investing in areas where rental yields of the houses for sale are higher. Usually, the higher the rental yield, the more attractive a house for sale is for an investor.

Nonetheless, there are also instances where an investor will go with a house with lower yields in order to benefit from the appreciation of a house too which is why it’s vital to look in to all the details of Burghfield.

The data below shows the rental yield, rent turnover and the percentage of the money made on the sale of a house. The data is broken down into the county city is in (Berkshire) as well as the broader region; South East.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Burghfield 3.6% £1,351 no relevant data for this city 26.0%
Berkshire 3.60% £1,479 129.52% 16.23%
South East 3.58% £1,301 127.50% 16.69%

Also, you can compare other data to the table above such as the number of houses sold per month in Burghfield which is 23 and get a better understanding of the housing market.

This is great if you want to gauge if investors are actively looking for houses for sale in the area over other areas in the UK which may be an induction of how profitable Burghfield is to invest in. Both in terms of rental yield and capital appreciation.

Is the housing market in Burghfield growing?

Before committing to Burghfield to make a housing investment, an investor should always ask the question, what is the growth like in the area?

So take a look below at the growth patterns of the previous years displaying the percentage of new houses being built. This will help you understand how the number of houses for sale will evolve in the future.

1 year 3 years 5 years
Burghfield growth rate 7% 11% 11%

Whether housing growth actually changes the price of a house depends on if the city in question is outstripping demand with the supply of new housing. You’d have to do some more research on what rate Burghfield is building housing to find your answer.