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How much does a house for sale cost in Charlwood?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in the South East $ How much does a house for sale cost in Charlwood?

As a landlord, whenever you are looking at houses for sale in Surrey, you could find varying prices throughout an area like Charlwood. 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 Charlwood 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 Charlwood will be revealed. Keep reading.

What are the asking prices for the houses for sale in the city of Charlwood?

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

Average asking price (1 bed) £204,762
Average asking price (2 bed) £312,607
Average asking price (3 bed) £477,399
Average asking price (4 bed) £690,114
Average asking price (5 bed) £806,667

After looking at this table about prices of houses for sale in Charlwood, 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 £4,470 will help them to have a more wholistic understanding.

When speaking about the city of Charlwood, £474,042 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 Charlwood.

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 Charlwood, what are the rental yields?

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 Charlwood.

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 (Surrey) as well as the broader region; South East.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Charlwood 3.2% £1,245 140% 21.0%
Surrey 3.38% £1,657 117.61% 16.05%
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 Charlwood which is 34 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 Charlwood is to invest in. Both in terms of rental yield and capital appreciation.

What is the growth in the housing market of Charlwood?

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 Charlwood that shows the growth in recent years.

1 year 3 years 5 years
Charlwood growth rate 3% 10% 15%

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 Charlwood is important.

Are there any important statistics about the population of Charlwood?

How much do people in Charlwood earn?

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 (24%). 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 Charlwood, this works out to be £53,500. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.

Are the deprivation levels of the UK any different to Charlwood?

Deprivation levels refer to the ability of the population of the city to earn enough to keep their lifestyle going. Nationwide, it is thought that the number of people at this level or not being able to meet the costs of living is around 33%. In comparison, the deprivation level of Charlwood is 17%.

What’s the crime rate in Charlwood?

For every one thousand people living in Charlwood, 122 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 122 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.

In the city of Charlwood, how much green space remains for residents?

In the city of Charlwood, there are 7.4 acres of green space per 1000 residents.

The charity, ‘Fields in Trusts’ recommends a minimum of 6 acres of green space per 1000 people so it is easy to see where Charlwood is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.

The city of Charlwood, situated in Surrey, is a particularly impressive part of the UK because of the specific demographics of the location.

In the below headings, the city of Charlwood and its demographics will be compared to its wider location (South East). This includes population size, growth and population education now and into the future.

These statistics are heavily influenced by socio-economic factors and as a result this also shapes the projected house price of the houses for sale in Charlwood. So, taking a good look at the data is essential to understand the area you are considering to buy in.

In Charlwood, 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 Charlwood 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 Charlwood, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 24%.

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

What is the population of Charlwood?

The city of Charlwood has a total population of 29,454. 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 Charlwood 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 Charlwood

Over time, in the last five years, the population of the city of Charlwood has changed by 3%. 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 3% 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 Charlwood?

In the last 10 years, there has been a shift in the population of 8%.

Comparing this to the 5 year figure of Charlwood 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.

Is the education level of Charlwood important when buying a house?

Interestingly, the percentage of people who have a degree in the city of Charlwood 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 Charlwood is £53,500.

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.

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

There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Charlwood. In Charlwood, this sale price works out to be £393,975. As an example, a factor like population growth over the last 10 years which works out to be 8% in Charlwood and impacts house prices of the houses for sale.

Housing category Total final sale price
Average sold price (detached) £517,949
Average sold price (semi-detached) £394,037
Average sold price (terraced) £334,005
Average sold price (flat) £229,602

Above, the exact type of house is also shown to vary in price in a table in Charlwood. 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 £4,070
Average sold price/sqft (new build) £4,100
Average sold price/sqft (old stock) £4,000

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 Charlwood which is £4,270. 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.

Who can help you buy a house for sale in Charlwood?

houses for sale in other cities in the UK

We have prepared a list of cities in South East, the same UK region of Charlwood that can help you evaluate the different houses for sale listed in the region:

Alternatively, you can visit our webpage dedicated to houses for sale in the UK, houses for sale in the UK.

Considering all the above data and information provided, you may want know who can help you buy a house for sale.
Lots of professionals offer property investors and first-time buyers advice and assistance in dealing with the process of acquiring a house for sale.

Below, you can find a list of professionals that come in handy when looking for houses for sale:

  • Lender – Is someone capable of lending you the money you need to complete the purchase of the house for sale
  • Insurer – Insurance companies provide building insurances and other financial products you need to protect your real estate assets
  • Conveyancer – This professional will take care of the legal work needed when looking for a house for sale
  • Surveyor – Use this professional to assess the condition of the house for sale you are willing to buy, get an independent valuation and feel more comfortable when negotiating the final price
  • Mortgage broker or adviser – Different buyers can access different mortgages to buy a house for sale. Let the mortgage broker suggest to you which one is the best given your financial situation
  • Energy professional – Nowadays is more important than ever, to get professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering as your next investment

Choose the right house for sale that suits your needs

What parameters impact the final price of a house for sale in Charlwood?
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.

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