As a landlord, whenever you are looking at houses for sale in Hampshire, you could find varying prices throughout an area like Buriton. 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 Buriton 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 Buriton will be revealed. Keep reading.
Invest in a house for sale that meets your demands
When browsing houses for sale in Buriton you should think about lots of different criteria:
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House for sale affordability – visit the dedicated page of the UK government to understand (see what you can afford)
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Location of the house for sale – the region and town you are considering to live in are crucial factors to consider before looking for houses for sale. In this article, we define lots of demographic factors that should help you make a decision.
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House for sale transport links – even if working from home is becoming more and more predominant, we suggest you check the transport links the house for sale has.
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Number of bedrooms in the house for sale – are you looking for houses for sale for the whole family or are you single? Always think about how many bedrooms you need and if that number might change in the future
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energy performance of the house for sale – What is the EPC of the house for sale? Today more than ever, is important that you check the EPC rating of the real estate assets available for sale on the market.
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Internet speed in the area of the house for sale – is important to remember that internet speed is a consequence of two factors: your plan and the infrastructure available in the area. Always check these parameters before looking for houses for sale
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Does the house for sale have parking – if yes, is it on-street or is the house for sale equipped with a garage?
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Houses for sale in conservation areas – always check the National Heritage list. If a house for sale is part of this list it means that it might be impossible for you to make changes to the property’s internal and external structure.
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Houses for sale Conditions – some properties, like new builds, need no repairs or works; other houses listed for sale may need some investment to restore them and some others may need a complete renovation. Someone looking for houses for sale should always think about how much time and money they are willing to invest to complete the needed repairs.
In Buriton, what are the demographics like?
For the city of Buriton, what is the education level?
Interestingly, the percentage of people who have a degree in the city of Buriton is 38%. 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 Buriton is £50,600.
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.
Buriton in the county of Hampshire 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 Buriton 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 Buriton, 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.
In Buriton, how has the population changed?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Buriton if 11,026 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 Buriton such as rental yield or house appreciation.
How has the population size of Buriton adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Buriton 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 Buriton?
In the last decade, the population of Buriton has been adjusted by 7%. 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 crime like in Buriton?
The crime rate of Buriton 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 65, 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 (65) is both useful and is recommended to be compared to the average.
Are the people of Buriton 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 Buriton, 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 salary does the community in Buriton take home?
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 (39%). 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 Buriton, this works out to be £50,600. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
Is there sufficient green space in Buriton?
Whether you view green space in Buriton 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 Buriton, the number of acres of green space for every 1000 people currently is 158.5 which can be measured against the UK average of 1.7.
What is the social grade score of Buriton?
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 Buriton 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 Buriton, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 39%.
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 |
How are rental yields of the houses for sale different to the rest of the UK in Buriton?
In Buriton, how has the number of houses changed?
Growth in the area can be a good signal of a booming house market. However, too much growth could also have negative consequences on the capital appreciation of a house as time goes on.
Take a look at the table below for Buriton that shows the growth in recent years.
| 1 year | 3 years | 5 years | |
|---|---|---|---|
| Buriton growth rate | no relevant data for this city | 19% | 22% |
High growth rates can signal an appreciating housing market, nonetheless, if there are too many houses being built, this could reduce demand for housing as the supply of houses for sale starts to catch up with the demand. Leading to stagnation or a decline in house pricing so understanding the growth in Buriton is important.
If you’re buying a house for investment rather than for the reason to live in the house over time and use the house as a place to stay in the long term, there is a need to look at the rental yield figure to see if the house for sale you are considering to buy is a good investment or not.
This figure is usually looked at by investors as well as the rental income of the area, the sale turnover and the rent turnover.
The table below represents this data and compares Buriton to Hampshire and the broader suburb of the UK; South East.
| Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
|---|---|---|---|---|
| Buriton | 3.0% | £1,511 | no relevant data for this city | 10.0% |
| Hampshire | 3.67% | £1,199 | 129.21% | 20.71% |
| South East | 3.58% | £1,301 | 127.50% | 16.69% |
Let’s assume you want to sell the house you’re looking to buy in Buriton for profit in the future, in this case, looking at the data for the number of houses sold per month in Buriton would give you an idea of whether the area is actively getting new investors. This figure is 5.
It is vital you be careful with this figure however as the data can suggest something that isn’t true in Buriton. To give an example, a lot of people buying new houses could also indicate there are a lot of new first time buyers in the area which would in fact drive down the rental yield.
The more people there are interested in renting, rather than buying, the more likely that area of the UK has high rental yields and hence investors like these areas to invest in to create a large amount of cash flow.
In general, for the city of Buriton, what are the final purchase prices for the houses for sale?
For the city of Buriton, the average price a house sells for is £487,284. This value usually depends on the exact location of the house within Buriton as well as other factors like the population growth which is 7% over a ten-year period.
| Housing category | Total final sale price |
|---|---|
| Aerage sold price (detached) | £660,277 |
| Aerage sold price (semi-detached) | £450,970 |
| Aerage sold price (terraced) | £353,010 |
| Aerage sold price (flat) | £283,138 |
The above table puts this figure into perspective as you can see the various average sale prices of a house for the specific type of house you’re most interested in. This comparison is important because the type of house you’re considering to buy may be more or less in demand based on variations in supply and demand in the city of Buriton.
| Housing category | Sale price per square foot |
|---|---|
| Aerage sold price/sqft | £4,270 |
| Aerage sold price/sqft (new build) | £4,440 |
| Aerage sold price/sqft (old stock) | £4,160 |
Generalising the bottom table, the average value per square foot of a house for sale is £4,270. This value averages all of the types of houses for sale in Buriton. So, if you’re not sure what type of house you want specifically, you can still get an idea of the real estate market of Buriton.
houses for sale in other cities in the UK
Below are a list of towns with a similar location to Buriton.
Reading these analysis will help you evaluate the different houses for sale currently listed in South East:
- Holland in South East
- Cippenham in South East
- Broadwater in South East
- Capel-Le-Ferne in South East
- Broadstairs in South East
If you are interested in some other city or even region of the UK, please visit the following page houses for sale in the UK it contains all the data related to the houses for sale.
Who can help you buy a house for sale in Buriton?
Choosing the perfect house for sale for you might be challenging in today’s market due to the abundance of available houses.
You may wonder who can guide you through the process of selecting a house that is for sale.
There are several experts that provide guidance and support to potential buyers and the procedure can be drawn out, particularly when dealing with houses for sale.
Here is a list of who to contact to get assistance when purchasing a house for sale:
- Banks – The ones that can lend you the money you need for the house for sale
- Insurance companies – Companies that give you access to various insurances specific to the house for sale you are considering to buy
- Solicitor – The individual or business responsible for handling the legal tasks required to purchase a home that is for sale.
- Civil engineer – Provides you with an appraisal of the house up for sale that you want to purchase.
- Mortgage advisor – Professional advisors that will guide you and propose the best mortgage deals according to your finances
- EPC specialist – Getting professional advice on the energy performance of the house for sale is crucial, especially nowadays.
In Buriton, what is the asking price in general 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 Buriton 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 £608,163.
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 Buriton.
Average prices for the houses for sale in Buriton
| Average asking price (1 bed) | no relevant data for this city |
| Average asking price (2 bed) | £342,917 |
| Average asking price (3 bed) | £555,682 |
| Average asking price (4 bed) | £768,571 |
| 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 Buriton has a lack of supply of housing in certain categories.
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