A guide on houses for sale in Burpham

Burpham 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 Surrey.
Before looking for a house for sale in the city of Burpham 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 Burpham.

What are the people like in Burpham?

Burpham in the county of Surrey 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 Burpham 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 Burpham, 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.

What is the social grade score of Burpham?

In the city of Burpham 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 Burpham has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 43%.

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

What is the population of Burpham?

Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Burpham if 45,258 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 Burpham such as rental yield or house appreciation.

How has the population size of Burpham adjusted in the last 5 years?

In the previous five years there has been a change in the number of people of Burpham 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 Burpham?

In the last decade, the population of Burpham has been adjusted by 11%. 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.

Is there sufficient green space in Burpham?

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 Burpham, the city has 35.6 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 Burpham.

In Burpham, 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 Burpham, in particular, the deprivation levels are 16%.

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 is the education level like in Burpham?

In Burpham, the proportion of people who have a degree is 47%. Generally speaking, as the number of people with degrees increases, the more people are able to afford houses to buy as a degree is a good indicator of a higher income. To put this into perspective, the average income of Burpham is £62,850.

This figure for average household income usually goes up alongside the percentage of people who have degrees.

However, this is not a hard and fast rule, there are many factors influencing the buying power of a population and hence the appreciation of housing and the number of houses for sale in the area. This can include the rental yields of the area and other demographic statistics like crime rate.

Nonetheless, it cannot be argued that those with degrees tend to live in more affluent areas as 82% of people who achieve a first in degree level education are owners of the place they live.

How much do people in Burpham 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 Burpham. Compare the area’s average household income of £62,850 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 43% for more conclusive data on the affluence of the area.

Is the crime rate bad in the city of Burpham?

The crime rate of Burpham 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 105, 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 (105) is both useful and is recommended to be compared to the average.

How are rental yields of the houses for sale different to the rest of the UK in Burpham?

Is the housing market in Burpham growing?

Before making an investment and move forward with buying a house for sale, another important set of data an investor should analyse is the growth trends of the area in question.

Below are the forecasted growth rates for the city of Burpham at 1 year, 3 year and 5 year intervals:

1 year 3 years 5 years
Burpham growth rate 5% 15% 17%

Examine this figure carefully as the addition of a lot of new houses to meet demand could mean that house price of the houses for sale in Burpham gradually reduces with an increase in the housing supply. This could be a good indicator to understand if your house will appreciate or not. Too many houses and too much supply could drive down the prices of homes or stagnate them. So be sure to check out what is exactly happening in Burpham.

You may have heard of rental yield as being important for investors who wish to make a sizable profit on their rental properties. If this sounds like you and you’re looking to invest in a house currently for sale and collect rental income in Burpham this statistic is what you were looking for.

Data should also be compared to the broader region of the UK (South East) alongside Surrey then looked at with other statistics like the area’s rent and the turnover of sale of the houses in question. It could be that an investor prefers to make a profit on the sale of a house rather than the rental income and optimal properties for this investment varies throughout Burpham.

This decision is made differently depending on the investor’s tolerance for risk, investing strategy, the location they’re investing in and their overall goal for buying a house currently listed for sale.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Burpham 3.4% £1,448 110% 15.0%
Surrey 3.38% £1,657 117.61% 16.05%
South East 3.58% £1,301 127.50% 16.69%

As you observe table above, it could be valuable to contrast these figures with other pieces of data relevant to the process of buying like the crime rate or the appreciation of houses for sale in Burpham.

As you can tell, the best conclusions are drawn when the buyer of a house for sale looks at all the data involved holistically and doesn’t make quick decisions based on one or two pieces of data. As an example, comparing the data with the number of property sold per month (38) will be useful.

In Burpham, what is the asking price in general for a house for sale?

In the city of Burpham, what is the average asking price for the houses for sale?

Average asking price (1 bed) £268,396
Average asking price (2 bed) £395,772
Average asking price (3 bed) £616,646
Average asking price (4 bed) £932,638
Average asking price (5 bed) no relevant data for this city

After looking at this table about prices of houses for sale in Burpham, 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 £5,580 will help them to have a more wholistic understanding.

As you go ahead and make offers on a house for sale, it is sometimes best to know what other people are offering for the same type of house for sale so you know what to offer yourself to get a good deal. So you should know, the average asking price of Burpham is £528,624.

Even though the asking price is not what the eventual price the house is sold at, making a note of the averages for the city of Burpham is useful when negotiating and knowing what to expect for every type of house for sale.

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

There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Burpham. In Burpham, this sale price works out to be £502,609. As an example, a factor like population growth over the last 10 years which works out to be 11% in Burpham and impacts house prices of the houses for sale.

Housing category Total final sale price
Average sold price (detached) £888,871
Average sold price (semi-detached) £477,670
Average sold price (terraced) £419,471
Average sold price (flat) £289,086

Above, the exact type of house is also shown to vary in price in a table in Burpham. 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 £5,130
Average sold price/sqft (new build) £5,595
Average sold price/sqft (old stock) £5,070

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 Burpham which is £5,355. 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.

Invest in houses for sale in Burpham 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

Invest in a house for sale that meets your demands

Find here below a list of criteria that we suggest you consider before looking for houses for sale in Burpham

  • 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.

Thinking about other cities with houses for sale?

See here below a list of cities in the same UK region of Burpham which is South East. You might want to consider these as alternatives for your next real estate investment:

Or, visit our dedicated page on the houses for sale data for the whole of the UK – houses for sale in the UK.