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Chiddingstone Causeway – What to look for in houses for sale?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in the South East $ Chiddingstone Causeway – What to look for in houses for sale?

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Whenever looking for a house for sale in the UK or in Chiddingstone Causeway, it is vital you look at the market trends and house price fluctuations in the wider area of Kent 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 Chiddingstone Causeway.

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

What are the demographics like in the city of Chiddingstone Causeway?

How educated are the people in Chiddingstone Causeway?

In the city of Chiddingstone Causeway, 31% people have a degree from a university. The higher this proportion is, in general, the more likely it is that the population is able to buy a house.

Interestingly, as people who have degrees go up, the average income of the area goes up too. You can see if there is a correlation, the average household income in the UK is price34,000 and the average income in Chiddingstone Causeway is £53,600.00.

This should correspond with the average percentage of people in the UK who have degrees at 22.6%.

Have the people of Chiddingstone Causeway grown in numbers?

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 Chiddingstone Causeway is 13928.

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 Chiddingstone Causeway.

In Chiddingstone Causeway, 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 Chiddingstone Causeway 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.

Chiddingstone Causeway population difference over 10 years?

The population has adjusted in the area of Chiddingstone Causeway by 9% 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 Chiddingstone Causeway.

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.

Chiddingstone Causeway within Kent is notable for the type of people that live there. The statistics below show how this is the case.

As you read on, Chiddingstone Causeway 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 Chiddingstone Causeway.

How deprived is the population of Chiddingstone Causeway?

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Chiddingstone Causeway, currently, £0 people fall into this category.

Measuring this statistic against the nationwide average of 33% should give you a pretty good idea of where the city lies in the scale of poverty in the area.

Are the people in Chiddingstone Causeway earning a lot?

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 (37%). 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 Chiddingstone Causeway, this works out to be £53,600.00. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.

Do the people of Chiddingstone Causeway get to enjoy green space?

There are cities in the UK such as Edinburgh and Bristol that have a higher percentages of green space with Edinburgh being the most at 49%. The city of Chiddingstone Causeway currently has 55 for every 1000 residents.

Green space helps the quality of people’s mental health as well as fight against diseases like obesity. As studies have shown that the proximity of people to green spaces in the UK has a positive impact on the physical health of people in the UK and Chiddingstone Causeway in this case.

Is the crime rate bad in the city of Chiddingstone Causeway?

For the city of Chiddingstone Causeway, crime rate is at 5600%. So for every 1000 people in the area, 5600% commit a crime which is prosecuted. Paying close attention to this figure of crime rate is not only important for the value of a house but also to calculate the maintenance cost of owning a house and how attractive an area can be for future buyers.

So, compare it to the nationwide average of 79.52 per 1000 people and consider if you are happy with this figure based on the price you’re paying for a house you’re interested in.

On top of this, houses that are in areas where there is a high crime rate tend to have to pay higher insurance rates, costing a homeowner in the long term.

Additionally, paying for further security on a house such as CCTV or potentially gates and fences that deter thieves may be necessary for an area with a high crime rate.

What’s a social grade score and how does it relate to Chiddingstone Causeway?

In the city of Chiddingstone Causeway 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 Chiddingstone Causeway has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 37%.

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

Who can help you buy a house for sale in Chiddingstone Causeway?

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

Other cities in different locations you can consider to buy property

If you are looking for a list of cities that are different to the City of Chiddingstone Causeway and in different UK region to 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 which will allow you to pick based on where you think you want to live or invest – houses for sale in the UK.

Choose the right house for sale that suits your needs

When browsing houses for sale in Chiddingstone Causeway you should think about lots of different criteria:

  • House for sale affordability – visit the dedicated page of the UK government to understand (see what you can afford)

  • 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.

  • 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.

  • 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

  • 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.

  • Internet speed in the area of the house for sale – it 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. Especially if you are renting the property as this will impact your business costs. Whether that be in an excluded tenancy agreement or a more common, assured shorthold tenancy.

  • Does the house for sale have parking – if yes, is it on-street or is the house for sale equipped with a garage?

  • 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.

  • 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.

What is the final sale price of a house in Chiddingstone Causeway?

As well as looking at the asking price for house for sale in Chiddingstone Causeway, a sensible homeowner or investor will also consider the final price a house sells for. This final price may be influenced by elements like the amount people are earning in the area and what opportunities for employment there are in Chiddingstone Causeway.

Houses for sale, are sold on average in Chiddingstone Causeway, after the influence of these factors, at £525,604 as a result. And may be on the rise or decline depending on a combination of variables such as the crime rate, or population growth which was 9% over the last 10 years.

Housing category Total final sale price
Aerage sold price (detached) £692,706
Aerage sold price (semi-detached) £484,274
Aerage sold price (terraced) £380,173
Aerage sold price (flat) £305,893

This table above shows the average sale price for each variation of houses for sale in Chiddingstone Causeway.

Housing category Sale price per square foot
Aerage sold price/sqft £4,310
Aerage sold price/sqft (new build) £3,790
Aerage sold price/sqft (old stock) £4,280

This final table looks at the price per square foot of houses for sale. Looking at the final table, you can take a further average and conclude that the average price per square foot of houses in general in Chiddingstone Causeway is £4,640.

This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.

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

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 Chiddingstone Causeway this statistic is what you were looking for.

Data should also be compared to the broader region of the UK (South East) alongside Kent 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 Chiddingstone Causeway.

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)
Chiddingstone Causeway no relevant data for this city no relevant data for this city no relevant data for this city £0
Kent 3.63% £1,229.08 130.16% 16.77%
South East 0.04 1,300.68 £1 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 Chiddingstone Causeway.

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 (7) will be useful.

Are there new houses being built in Chiddingstone Causeway to make it grow?

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 Chiddingstone Causeway at 1 year, 3 year and 5 year intervals:

1 year 3 years 5 years
Chiddingstone Causeway growth rate 5% 15% 22%

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 Chiddingstone Causeway 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 Chiddingstone Causeway.

Asking price in Chiddingstone Causeway for a house for sale

On average, in Chiddingstone Causeway, the asking price for a house for sale in the area is £623,661.

The below table puts this figure into perspective as you can see the various average sale prices of the different type of houses for sale in Chiddingstone Causeway. From a 1 bedroom house up to a 5 bedroom house.

As you can imagine, as the price goes up, the size of a room also goes up and in general, the larger a house is, the more you can expect the sale price to be as well.

Average prices for the houses for sale in Chiddingstone Causeway

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £405,266
Average asking price (3 bed) £522,200
Average asking price (4 bed) £806,250
Average asking price (5 bed) no relevant data for this city

The tables should give you a generic view of what the prices of the houses for sale are like. To close things off, the average asking price for the house for sale in the whole of Chiddingstone Causeway is £4,970. This should show you the general prices overall and for individual types of houses too.

Frequently Asked Questions (FAQ)

Do properties in Chiddingstone Causeway offer renovation potential?

Amidst the urban landscape of Chiddingstone Causeway, an intriguing figure for determining if a property can be renovated is the success of planning permission. The monthly total of planning applications in the area is 16 and on the other hand, there is a planning success rate of nan. It is also useful to take into consideration the population size of the area (13928).

What is the monthly count of property transactions in Chiddingstone Causeway?

In Chiddingstone Causeway, the monthly property transaction count reaches 7, a small percentage of the total house sales in the United Kingdom which equates to approximately 1.1 million.

In a city like Chiddingstone Causeway, what’s the yearly fluctuation in population?

Calculating the evolution of Chiddingstone Causeway’s population requires an examination of the population transformation over a decade, amounting to 9%, and the five-year adjustment at 4%. By contrasting these values, analyse recent changes in population to attain a thorough understanding of demographic trends and perhaps also look at house for sale data nearby

What is the asking price for houses for sale in the wider region of Chiddingstone Causeway?

The average asking price of a house in Chiddingstone Causeway is currently £4,970 based on the average price per square foot.

Is a house for sale in Chiddingstone Causeway an expensive choice?

Calculate if a property is on the pricier side by matching a listed house for sale against the mean selling prices. In Chiddingstone Causeway, this value is £525,604, compared to the UK’s average of £286,500.

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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