As a landlord, whenever you are looking at houses for sale in East Sussex, you could find varying prices throughout an area like Burlow. 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 Burlow 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 Burlow will be revealed. Keep reading.
How are rental yields of the houses for sale different to the rest of the UK in Burlow?
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 Burlow. 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 Burlow.
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 (East Sussex), a regional level (South East) and finally on the level of the city talked about in this article, Burlow.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Burlow||2.8%||£1,157||no relevant data for this city||12.0%|
You may also find it useful to compare the data above to the number of properties sold per month Burlow experiences. This figure for house sales per month is 11. 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 new houses being built in Burlow to make it grow?
Whenever you are thinking about looking for houses for sale in Burlow, think about how the city is growing and how this may impact the overall growth of the area.
Comparing the growth at different time periods would be a great way to assess whether the growth has slowed down, remained the same or perhaps stagnated over the years.
|1 year||3 years||5 years|
|Burlow growth rate||6%||25%||31%|
As the population of Burlow grows, this may also push up the price of the houses for sale. More people would be looking to buy homes and permanently live in the area. This demand helps a home appreciate. However, this isn’t always true because some cities build a lot of houses too to match the supply.
In Burlow, what are the demographics like?
How much green space is available to residents of Burlow?
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 Burlow, the city has 17.4 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 Burlow.
Located in East Sussex is the city of Burlow, in a large part of the UK; South East. Before you look for houses for sale in this area, it is a reasonable question to ask what the people who live there are like.
Below, the population of Burlow has been dissected in terms of if the population is educated, what the crime rates are like and much more. All important factors to consider before making a house purchase among the offer of the houses for sale.
The knowledge below is based on a lot of different variables relevant to the city of Burlow which impacts the profitability of making an investment here or how desirable buying a house to live in is if you want to live on a permanent basis.
Are the people of Burlow deprived?
Deprivation of a city is defined as the number of people who are considered to not be earning enough to sustain their lifestyle. The UK average of deprivation nationwide is 33% so comparing the figure of 17% for Burlow should give you a nice idea of the deprivation in the area.
In general, do people commit a lot of crime in Burlow?
Within Burlow, the number of people committing crimes is 49 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 49 figure carefully.
How much do people in Burlow earn?
Typically, as people earn more money, the more they are able to afford and the better house prices in the area because demand goes up. You could also infer that the amenities such as schools, parks and public areas are generally of high quality as a result.
For these reasons, it could be argued that areas where people earn more money are generally nicer arrears to live in which also attracts more people as a result and further drives up house prices in the area.
To see if this phenomenon occurs in Burlow. Compare the area’s average household income of £44,200 to the average household income in the UK at price34,000. Adding to this, compare it with the figure for the highest social grade score too at 27% for more conclusive data on the affluence of the area.
For the city of Burlow, what is the education level?
In the city of Burlow, 29% of people have degrees. In general, as the number of people who are highly educated goes up, the more likely they are to have the ability to buy houses as their annual household income goes up too.
So you can see for yourself, the average income for the people of Burlow is £44,200. This generally goes up with the education level of the area. Additionally, looking at the difference between the proportion of people with degrees and the UK average for this statistic (22.6%) should give you an idea of the affluence and education of the city.
A higher education level can therefore tell you if the house prices are likely to be high as the higher income level often results in people buying a bigger, more valuable house.
Having said this, whale education level can be a good factor to go by, there are also things like the rental yields, the population growth and social grades scores that can impact the value of a house and whether it will go up in value as time goes on.
In the city of Burlow, has the population grown or shrunk?
In the UK in general and specifically in the region in question, large population sizes can be good indications that there are a lot of people in the area looking for houses for sale which can drive up demand and therefore impact the cost. You should also check to see if the population is growing in the area too to show an increasing demand, this is even better. Currently, the total population of Burlow is 16,161.
Sometimes, smaller populations can have higher buyer demand than large populations on the other hand. This is because the price of houses and hence the demand for houses is based on a variety of variables.
The most important variable is the location of the houses for sale in the city of Burlow.
In Burlow, how has the population changed over the last five years?
In the last five years, over time, the change in population size was 4%. Looking at this figure can inform you of the buyer demand for the houses for sale in the area. Read more here
This may mean that the city has now started to slow down in terms of population growth or it may mean the city is also building a lot of houses which would indicate the supply of houses for sale will be matching the demand.
Making predictions about the future growth of Burlow is hence important in making a decision if capital appreciation of your real estate investment is something you’re after as a landlord.
Comparing this figure for the 5 year growth (4%) as well as the ten year growth in the subheading below should allow you to make some accurate forecasts on the growth rate. Click here to know more on the UK population trends.
Burlow population difference over 10 years?
The population has adjusted in the area of Burlow by 10% in the most recent decade. This change is even more useful when compared alongside the figure for the five year growth of the area too.
This will tell you if the population is changing at the moment or if change is more recent. Through this a landlord can accurately look at the fluctuations in population size of the area over time and therefore better understand the trend of the houses for sale in Burlow.
To make an example, the town of Salford which is a part of Manchester has seen a 10% increase in population. house price has therefore followed.
What is the social grade score of Burlow?
In the city of Burlow, the social grade score of the area is 27%. But what does this exactly mean? The figure refers to the proportion of people in the two highest categories of skilled jobs.
The categories are grouped from A to E shown in the table below. Overall, a high social grade score means there are more affluent people working in managerial and professional roles in the area.
This table shows the average breakdown of the UK in terms of where most people in the UK are working so you can compare it to the social grade score of Burlow.
|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|
What are the asking prices for the houses for sale in the city of Burlow?
Table showing the asking prices for houses for sale in Burlow
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£312,046|
|Average asking price (3 bed)||£438,436|
|Average asking price (4 bed)||£610,198|
|Average asking price (5 bed)||£1,283,077|
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 Burlow is £0. This should show you the general prices overall and for individual types of houses too.
When speaking about the city of Burlow, £493,136 is the asking price for a house for sale.
We have compiled a table of data so you can know the asking prices of the specific size of home you’re most interested in. As you can imagine, a family looking to move out with children would be after a larger house than someone living alone in Burlow.
The data is in fact very different compared to the number of rooms you’re interested in having in your home and the asking price also tends to go up in staggering amounts as you add rooms.
In general, what do houses for sale sell for in Burlow?
In Burlow, the average sale price of a house for sale is in fact £358,177. This is dependent on the 10 year population growth of Burlow being 10%. Growing populations are more likely to inflate the prices of houses for sale in the city of Burlow.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£478,393|
|Aerage sold price (semi-detached)||£317,709|
|Aerage sold price (terraced)||£274,145|
|Aerage sold price (flat)||£164,587|
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 Burlow.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£3,330|
|Aerage sold price/sqft (new build)||£3,150|
|Aerage sold price/sqft (old stock)||£3,320|
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 £3,330. This means if you are just looking out the houses sold in Burlow in general and didn’t take into consideration the type of build. For example, a new build.
Invest in houses for sale in Burlow with the right professional advice
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
Examine this short list of cities belonging to South East, the same region where Burlow is located.
- Bewbush in South East
- Coombes in South East
- Charvil in South East
- Cold-Ash in South East
- Arborfield 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.
Finding the ideal house for sale for you
Find here below a list of criteria that we suggest you consider before looking for houses for sale in Burlow
affordability – the UK gov website comes in helpful when you want to understand (see what house for sale you can afford)
Geographic Location – the county and region across the UK you are considering to invest in are crucial factors to consider when browsing houses for sale.
Transport network of the house for sale – Hopefully, the pandemic stays in the past. Therefore, working from home may become less predominant than a couple of years ago. Check the commuting time of the house for sale you are considering buying.
Bedrooms in the house for sale – are you looking for houses for sale for yourself, for a couple or for the whole family? This condition will narrow down the number of houses for sale relevant to buy.
EPC of the house for sale – today more than ever, the energy performance of the properties for sale on the market should be one of the first things you check.
Broadband speed – having a good internet connection is crucial nowadays. Always check the available subscriptions available for the areas of the house for sale you want to purchase
Are you a car owner? – if yes, you will have to check for parking availability of the house for sale. Does it come with a garage included in the price?
Conservation areas – when browsing for houses for sale, we suggest you take a look at the National Heritage list. When a house for sale is included it means that it is not possible for the future homeowner to make changes to the property, both inside and outside.
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.