- 1 We help you find the right agent
- 2 What is the final sale price of a house in Chineham?
- 3 Advice from experts on properties for sale in Chineham
- 4 House for sale in a different UK region
- 5 Asking price in Chineham for a house for sale
- 6 What are the demographics like in the city of Chineham?
- 7 Choose the right house for sale that suits your needs
- 8 How are rental yields of the houses for sale different to the rest of the UK in Chineham?
- 9 Frequently Asked Questions (FAQ)
Chineham can be a tough place to find accurate information like any city in the UK. Read on to learn about which data to stay on top of when looking at house for sale in Chineham.
On top of this, keep reading for detailed information on the demographics of Chineham in Hampshire. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.
What is the final sale price of a house in Chineham?
There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Chineham. In Chineham, this sale price works out to be £320,357. As an example, a factor like population growth over the last 10 years which works out to be 7% in Chineham and impacts house prices of the houses for sale.
|Housing category||Total final sale price|
|Average sold price (detached)||£451,859|
|Average sold price (semi-detached)||£341,905|
|Average sold price (terraced)||£276,635|
|Average sold price (flat)||£181,165|
Above, the exact type of house is also shown to vary in price in a table in Chineham. 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||£3,490|
|Average sold price/sqft (new build)||£3,540|
|Average sold price/sqft (old stock)||£3,400|
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 Chineham which is £3,490. 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.
Advice from experts on properties for sale in Chineham
Nowadays, there are so many properties on the real estate market that it can be difficult to decide which one is the best house for sale for you.
So, who can help you navigate the process of choosing a house for sale?
The number of professionals that offer real estate investors advice and assistance is broad and when it comes to dealing with houses for sale, the process can be complex.
Find here a list of those that can help when buying a house for sale:
- Moneylender – lends you the sum of money you need to buy the house for sale you are looking for
- Insurance agent – A firm that provides several insurances and protections for the house for sale that might become your future house
- Solicitor – A person or company that will sort out the legal work needed before buying a house for sale
- Civil engineer – Also called surveyor, he or she will provide you with an independent valuation of the house for sale you are willing to buy
- Mortgage advisor – Realistically, you will need a mortgage in order to afford to buy a house for sale. Mortgage advisors will guide you and propose the best mortgage deals based on your financial records
- EPC specialist – Especially nowadays, getting professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering buying is crucial
House for sale in a different UK region
We have prepared a list of cities that are entirely dissimilar to the region of South East, perfect if you are looking for somewhere similar to Chineham but want to relocate to a different region entirely. You should then be able to evaluate the different houses for sale listed in the region:
- milngavie in South East
- castell-y-bwch in South East
- bearpark in South East
- bramshott in South East
- gaywood in South East
Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.
Asking price in Chineham for a house for sale
Average prices for the houses for sale in Chineham
|Average asking price (1 bed)||£176,323|
|Average asking price (2 bed)||£251,143|
|Average asking price (3 bed)||£394,833|
|Average asking price (4 bed)||£536,709|
|Average asking price (5 bed)||no relevant data for this city|
Reading the table above should therefore give you a good idea of the type of house for sale that is within your budget in Chineham and if you may need to look at a different area in order to buy the type of house you can afford.
Also, noting the £0 should also give you an overview of what the asking price for houses for sale are in general.
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 Chineham is £376,399.
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 Chineham is useful when negotiating and knowing what to expect for every type of house for sale.
What are the demographics like in the city of Chineham?
Chineham in the county of Hampshire 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 Chineham 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 Chineham, 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.
Are the people in Chineham earning a lot?
While not always the case, the amount people earn can be associated with better schools in the area and perhaps a nicer environment to live in.
£58,300.00 is the average household income of the area. And the higher this figure is the more likely it is that there is a higher percentage of people with a social grade score in the A or B categories which is 29% for Chineham.
In Chineham, what are the deprivation levels like?
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 £0 for Chineham should give you a nice idea of the deprivation in the area.
How much green space is available to residents of Chineham?
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 Chineham, 18 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 Chineham.
In general, do people commit a lot of crime in Chineham?
For every one thousand people living in Chineham, 8800% 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 8800% 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.
What is the city of Chineham’s 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 Chineham 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 Chineham, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 29%.
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 Chineham?
The city of Chineham has a total population of 31488. 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 Chineham 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 Chineham
Over time, in the last five years, the population of the city of Chineham has changed by 2%. 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 2% 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 Chineham?
In the last 10 years, there has been a shift in the population of 7%.
Comparing this to the 5 year figure of Chineham 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.
How educated are the people in Chineham?
In the city of Chineham, 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 Chineham is £58,300.00.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
Choose the right house for sale that suits your needs
When browsing houses for sale in Chineham 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.
How are rental yields of the houses for sale different to the rest of the UK in Chineham?
Are there more or fewer houses being built in Chineham?
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 Chineham that shows the growth in recent years.
|1 year||3 years||5 years|
|Chineham growth rate||-6%||-9%||no relevant data for this city|
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 Chineham is important.
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 Chineham. 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 Chineham.
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 (Hampshire), a regional level (South East) and finally on the level of the city talked about in this article, Chineham.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
You may also find it useful to compare the data above to the number of properties sold per month Chineham experiences. This figure for house sales per month is 30. 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.
Frequently Asked Questions (FAQ)
Is it possible to renovate a property in Chineham?
Amidst the urban landscape of Chineham, 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 11 and on the other hand, there is a planning success rate of 93%. It is also useful to take into consideration the population size of the area (31488).
What is the monthly count of property transactions in Chineham?
In Chineham, the monthly property transaction count reaches 30, a small percentage of the total house sales in the United Kingdom which equates to approximately 1.1 million.
In a city like Chineham, what’s the yearly fluctuation in population?
When evaluating the population trajectory of Chineham, explore the decade-spanning population shift of 7% and the five-year modification of population of 2%. By drawing comparisons, see if demographic changes in your chosen area is
What is the asking price for houses for sale in the wider region of Chineham?
The average asking price of a house in Chineham is currently £0 based on the average price per square foot.
Does opting for a house for sale in Chineham come with a hefty price tag?
Ascertain the costliness of a property by examining a listed house for sale in relation to the prevailing average selling prices. In Chineham, this stands at £320,357, whereas the UK’s mean is £286,500.