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All you need to know – houses for sale in Coombes

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in the South East $ All you need to know – houses for sale in Coombes

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

Invest in houses for sale in Coombes with the right professional advice

Choosing the perfect house for sale for you might be challenging in today’s market due to the abundance of available houses.
You may wonder who can guide you through the process of selecting a house that is for sale.
There are several experts that provide guidance and support to potential buyers and the procedure can be drawn out, particularly when dealing with houses for sale.

Here is a list of who to contact to get assistance when purchasing a house for sale:

  • Banks – The ones that can lend you the money you need for the house for sale
  • Insurance companies – Companies that give you access to various insurances specific to the house for sale you are considering to buy
  • Solicitor – The individual or business responsible for handling the legal tasks required to purchase a home that is for sale.
  • Civil engineer – Provides you with an appraisal of the house up for sale that you want to purchase.
  • Mortgage advisor – Professional advisors that will guide you and propose the best mortgage deals according to your finances
  • EPC specialist – Getting professional advice on the energy performance of the house for sale is crucial, especially nowadays.

On average, what is the figure for the asking price of a house for sale in Coombes?

On average, in Coombes, the asking price for a house for sale in the area is £370,424.

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 Coombes. 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.

Table showing the asking prices for houses for sale in Coombes

Average asking price (1 bed) £197,188
Average asking price (2 bed) £345,000
Average asking price (3 bed) £393,728
Average asking price (4 bed) £483,095
Average asking price (5 bed) no relevant data for this city

After looking at this table about prices of houses for sale in Coombes, someone who is buying a home would have a detailed understanding of what kind of house for sale is available on the market that 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 £0 will help them to have a more holistic understanding.

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

In Coombes, houses for sale are sold at an average of £306,975. In general, multiple factors impact this figure because lots of variables impact properties valuation. This can include the quality of the buildings in general, whether the population has grown, if there is demand for housing or if there is a low crime rate which would make the area more desirable.

In the table below, you can see for yourself how the average price of a house for sale looks based on the different sizes of housing in Coombes. The exact amount of variation between the types of housing depends on the local demand for particular types of houses in the area.

Housing category Total final sale price
Aerage sold price (detached) £386,659
Aerage sold price (semi-detached) £312,652
Aerage sold price (terraced) £282,416
Aerage sold price (flat) £181,379

As you can see above, for Coombes, price varies based on the type of house that is being sold. If these prices shock you it could be due to population change in the last 10 years of 5% where lots of movement may inflate or deflate house prices.

Housing category Sale price per square foot
Aerage sold price/sqft £3,590
Aerage sold price/sqft (new build) £3,190
Aerage sold price/sqft (old stock) £3,520

Looking at the second table about Coombes, you are able to tell which type of housing is most affordable to you as a buyer. However, for a general overview of what house price is, the average price per square foot for a house in Coombes is £3,590.

Are there any important statistics about the population of Coombes?

Are the people of Coombes deprived?

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 Coombes is £0.

What salary does the community in Coombes take home?

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 Coombes, the average income is £39,100.00. 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 15% to decide on what the demographics are like in the area.

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

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 Coombes, the city has 3 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 Coombes.

What does the population of Coombes look like?

Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Coombes if 27279 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 Coombes such as rental yield or house appreciation.

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

In the previous five years there has been a change in the number of people of Coombes by 1%. 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 1% 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 Coombes?

In the last decade, the population of Coombes has been adjusted by 5%. 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.

In the city of Coombes, the demographics are unique and must be looked at by themself to make a conclusion about the area before buying a house. This is because the growth could be greatly different to the wider area of West Sussex for example.

These demographics for Coombes may impact the price of a house, how this house grows over time and the profitability of a house if you are buying it for an investment so knowing the area is crucial for a landlord making a purchasing decision in the city of Coombes in South East.

What’s crime like in Coombes?

For the city of Coombes, crime rate is at 7300%. So for every 1000 people in the area, 7300% 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.

In Coombes, how educated are people in general?

In Coombes, the proportion of people who have a degree is 17%. 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 Coombes is £39,100.00.

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.

What is a social grade score and how does this relate to Coombes?

The social grade of a city is useful when searching for a house for sale because it tells you what kind of jobs people have in the area. For example, there could be a lot of skilled manual workers or there could be a lot of pensioners and people on benefits.

The scale goes from a social grade of an A who are high managerial, administrative or professional workers to an E where people in this category are on state pensions, casual workers or unemployed on state benefits. The number of people in Coombes in grades A or B which are the highest skilled roles in the country is 15%.

Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £39,100.00 is the average household income of the area. You can see how this figure is congruent with the number of people in the top two categories of the social grade at 15%.

Finding the ideal house for sale for you

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

House for sale in a different UK region

If you are looking for a list of cities that are different to the City of Coombes 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.

What’s the rental yield in general for the city of Coombes?

Assuming you are not looking for a house for sale in a certain area because of private reasons such as being close to a family member or you have been relocated to a new office, these are some of the factors to consider in order to understand if an investment is worth your money.

Investors typically look at data such as the average rental yield, the average asking price of rent per month, rent turnover and sale turnover. These KPIs give property investors a solid idea of how the market is performing in that area.

For the city of Coombes, the below table demonstrates this well. To make things simple, it compares these numbers to the wider region of the UK; South East. As well as West Sussex, to give a smaller scale area to compare the data to.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Coombes no relevant data for this city no relevant data for this city no relevant data for this city £0
West Sussex 3.49% £1,280.10 132.83% 17.69%
South East 0.04 1,300.68 £1 16.69%

Assuming that in the future you want to re-sell the house you will eventually purchased in Coombes you might be interested in the number of sales per month (17) that happen in the local housing market. Comparing this figure for Coombes with the above table gives you a good understanding of the profitability of the area.

Are there more or fewer houses being built in Coombes?

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 Coombes that shows the growth in recent years.

1 year 3 years 5 years
Coombes growth rate 11% 22% 26%

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 Coombes is important.

FAQ

Do properties in Coombes have the potential for renovation?

Coombes is likely to be a great place for revamping property if there is a lot of greenlit planning permission. The are 15 each month, attaining a success rate of 94% and a total population of 27279. You can find out if this is above or below similar areas in the UK by comparing it to a nearby place

On a monthly basis, how many property transactions take place in Coombes?

The city of Coombes sees around 17 property transactions every month, while the nationwide figure for the whole of the United Kingdom stands at roughly 1.1 million property sales.

What is the population change each year in a city like Coombes?

Calculating the evolution of Coombes’s population requires an examination of the population transformation over a decade, amounting to 5%, and the five-year adjustment at 1%. 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

prices for houses on sale in the broader vicinity of Coombes?

The current average price per square foot for a house in Coombes stands at £0, considering the mean cost for each square foot of houses for sale there.

Does opting for a house for sale in Coombes come with a hefty price tag?

To assess the affordability of a property, locate a house for sale and contrast it with the mean selling prices. In Coombes, the value is £306,975, whereas the UK’s mean is £286,500

Find an estate agent where you’re looking to buy in Coombes

When buying, having the right expertise when navigating Coombes and the property market can be a great advantage. So, don’t make things harder for yourself and tackle a home purchase on your own. Browse our list of reputable estate agents below to help you on your house hunt!

Estate agent Email Contact number Address of agent
Michael Jones & Bacon Phone number only 441903890691 37 North Road, Lancing, BN15 9AS
Middleton Estates Phone number only 441903929182 NORTH ROAD, LANCING, BN15 9AH
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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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