As a landlord, whenever you are looking at houses for sale in Kent, you could find varying prices throughout an area like Chiddingstone Causeway. 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 Chiddingstone Causeway 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 Chiddingstone Causeway will be revealed. Keep reading.
In Chiddingstone Causeway, what is the asking price in general for a house for sale?
When investors make offers for houses for sale in Chiddingstone Causeway, the average price asked by the homeowners works out to be £623,661.
In the table below, for all the different sizes of houses in the area, the average asking prices have been displayed. This tells you what kind of house is more or less expensive and sought after despite houses with fewer bedrooms being overall less expensive anyway.
Any house that looks like it is overpriced for the number of bedrooms it has in Chiddingstone Causeway is typically not overpriced. It is just the case that that type of housing has a higher demand, therefore, people are willing to pay more.
Average asking prices for 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 in terms of the house asking price, 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.
What kind of demographics does the city of Chiddingstone Causeway have?
In Chiddingstone Causeway, what are the deprivation levels like?
The number of people who are deprived can have an impact on the perception of your house in the general marketplace. Additionally, if you are looking for a house to live in for the long term, you can start to picture what your neighbours and the people in your area live like financially.
If the proportion of deprivation of Chiddingstone Causeway is 19% and in general for the UK this figure is somewhere around 33%, you can see if this figure is something you are happy with as you search for a house to buy.
In general, do people commit a lot of crime in Chiddingstone Causeway?
In Chiddingstone Causeway, for every 1000 people, there is currently a crime rate of 56. This can be compared to the national average of 79.52 for every 1000 people.
Low crime rates are desirable for your safety as a homeowner. Even if you don’t tend to leave the house too often and tend to not mind living in a slightly more dangerous area. Things like burglaries are always a possibility which could harm your ability to pay for home insurance and also may force you to install additional security in your home that can cost you further.
Having said this, you can look at the crime rate on a deeper level to find out what the threats are exactly. It could be the case that a proportion of these crimes (56 for every 1000 people) come from things like anti-social behaviour rather than more serious crimes like violence and sexual offences.
If this is the case you may be more willing to look over a high crime rate within the areas you’re looking to buy a home.
Are the people in Chiddingstone Causeway earning a lot?
By and large, a higher household income in a population can have positive effects on the crime rate and the quality of space. This is due to the fact that higher earners tend to buy houses where there are better schools and more desirable amenities that impact the quality of life someone has.
In Chiddingstone Causeway, the average income is £53,600. Measuring this figure against the average household income for the UK of price34,000 should tell you if the city is higher or lower earning.
When buying a house, use this statistic with other factors when making a decision too like the crime rate or the social grade score of 37% to decide on what the demographics are like in the area.
Located in Kent is the city of Chiddingstone Causeway, 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 Chiddingstone Causeway 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 Chiddingstone Causeway 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.
What is the social grade score of 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|
Have the people of Chiddingstone Causeway grown in numbers?
Population growth in Chiddingstone Causeway is important to know if there is housing demand and the total population may also be looked at as large populations commonly have a lot of buyer demand.
In Chiddingstone Causeway, 13,928 people live in the city as their main place of residence.
It is important to note that it is not the case that everyone likes a large population to live in. People who tend to prefer a more relaxed life are more likely to buy or rent somewhere to live that has a small population and perhaps also wouldn’t mind if the population isn’t growing.
Other people also like to have a mix of both. Where they can visit rural areas and also benefit from the amenities of a busy city.
In Chiddingstone Causeway in the previous five years, have population numbers transformed?
Five years may seem like a long time but it is rare for a city to grow that much unless there is dramatic population growth. In Chiddingstone Causeway, this change has been 4%. Read more here
Someone who wishes to find out how this change has occurred over a longer period of time may also wish to read the headings below and see if the change has continued throughout the past decade too. Or if the change is only true for the more recent figure for five years of 4%. Click here to know more on the UK population trends.
Over the last decade, how has the population differed in Chiddingstone Causeway?
Populations change all the time but if there is a clear change in population in the last ten years this is even more reliable data about the population of the area as opposed to five. This adjustment in population works out to be 9% in Chiddingstone Causeway.
What this statistic is like in comparison to the population change in five years should provide you with a comprehensive understanding of what direction the population is heading in.
In recent years because of the pandemic, it is common to see dramatic differences in the population change in the last five years when comparing it to ten as people realise they can work from home but still keep the current jobs they have.
This means they can move to cities they wouldn’t have considered otherwise and be location-independent of their source of income. Perhaps making a longer commute into the office every week for example.
Is there sufficient green space in Chiddingstone Causeway?
Providing the right amount of green space for people in the UK is a difficult subject because there are clear benefits for human health but at the same time, it is hard to make sure all areas of the UK can get enough greenery. This is a result of land being already in use in cities where most people live.
In Chiddingstone Causeway, 55.4 is the amount of acres of outdoor space there is for every 1000 people. Charities such as ‘Fields in Trust’ recommend there to be at least 6 acres. This should allow you to conclude whether this green space is sufficient for you if you are interested in buying in Chiddingstone Causeway.
How educated are the people in Chiddingstone Causeway?
The number of people as a percentage who have been through university and gained a degree is 31%. The ability to buy a home is greatly influenced by the number of people who have degrees. £53,600 is the amount people in Chiddingstone Causeway are earning.
As you can tell, this figure along with the number of people who have degrees roughly correlate. For reference, the percentage of people who have degrees in the UK is 22.6% and the average household income is.
As a general rule, the bigger the difference between this 22.6% figure and the percentage of people with a degree in Chiddingstone Causeway, the bigger the difference in the ability to earn and hence buy a house. A higher number of degrees will increase the potential for people to earn and hence the buying power of the population. This will also push up the price of houses in the area.
Nonetheless, making accurate estimates for the appreciation of homes must be done with other pieces of data in mind such as the rental yields or perhaps the crime rate of the area to name some examples.
In general, for the city of Chiddingstone Causeway, what are the final purchase prices for the houses for sale?
In Chiddingstone Causeway, the average sale price of a house for sale is in fact £525,604. This is dependent on the 10 year population growth of Chiddingstone Causeway being 9%. Growing populations are more likely to inflate the prices of houses for sale in the city of Chiddingstone Causeway.
|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|
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 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|
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 £4,640. This means if you are just looking out the houses sold in Chiddingstone Causeway in general and didn’t take into consideration the type of build. For example, a new build.
In Chiddingstone Causeway, what are the rental yields?
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 Chiddingstone Causeway to Kent and the broader suburb of the UK; South East.
|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||11.0%|
Let’s assume you want to sell the house you’re looking to buy in Chiddingstone Causeway for profit in the future, in this case, looking at the data for the number of houses sold per month in Chiddingstone Causeway would give you an idea of whether the area is actively getting new investors. This figure is 8.
It is vital you be careful with this figure however as the data can suggest something that isn’t true in Chiddingstone Causeway. 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.
Are there more or fewer houses being built in Chiddingstone Causeway?
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 Chiddingstone Causeway that shows the growth in recent years.
|1 year||3 years||5 years|
|Chiddingstone Causeway growth rate||5%||15%||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 Chiddingstone Causeway is important.
Invest in houses for sale in Chiddingstone Causeway with the right professional advice
House for sale in the same UK region
Below are a list of towns with a similar location to Chiddingstone Causeway.
Reading these analysis will help you evaluate the different houses for sale currently listed in South East:
- Boarhunt in South East
- Baughurst in South East
- Blackwater in South East
- Aspley-Guise in South East
- Bracknell 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.
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
Finding the ideal house for sale for you
What parameters impact the final price of a house for sale in Chiddingstone Causeway?
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.