Contents
- 1 We help you find the right agent
- 2 Invest in houses for sale in Cowden with the right professional advice
- 3 What are the demographics like in the city of Cowden?
- 4 How are rental yields of the houses for sale different to the rest of the UK in Cowden?
- 5 In general, what do houses for sale sell for in Cowden?
- 6 Are you considering other cities with houses for sale?
- 7 What is the asking price on average of houses for sale in Cowden?
- 8 A house for sale that is right for you
- 9 FAQ
We help you find the right agent
At lofti we want to simplify your life and help you buy, sell or rent your property. We have assembled all the agent in Cowden to help you find the perfect agent for you
Cowden 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 Cowden.
On top of this, keep reading for detailed information on the demographics of Cowden in East Sussex. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.
Invest in houses for sale in Cowden with the right professional advice
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
What are the demographics like in the city of Cowden?
Are the people of Cowden deprived?
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 Cowden should give you a nice idea of the deprivation in the area.
What is a social grade score and how does this relate to Cowden?
The social grade score is a good indicator of what type of jobs people generally work in the area. Whether that be working in the primary sector, secondary sector, tertiary sector or maybe the quaternary sector of jobs.
The scale is slightly different to this though on a scale of A to E. A refers to people who are in the most skilled, managerial roles whereas E include people such as casual workers.
In Cowden, the percentage of people in the two highest categories, A and B is 29%. This figure includes people who are therefore most likely to be more skilled and have higher paid jobs.
When contrasting these figures, the average household income for the area is £52,700.00. This income will generally get bigger as the percentage of people in the A and B categories go up too (29%).
Do the people of Cowden get to enjoy green space?
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 Cowden, the city has 53 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 Cowden.
How educated are the people in Cowden?
In Cowden, the proportion of people who have a degree is 30%. 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 Cowden is £52,700.00.
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.
Located in East Sussex is the city of Cowden, 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 Cowden 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 Cowden 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.
In the city of Cowden, has the population grown or shrunk?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Cowden if 13128 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 Cowden such as rental yield or house appreciation.
How has the population size of Cowden adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Cowden by 3%. 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 3% 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 Cowden?
In the last decade, the population of Cowden has been adjusted by 6%. 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.
Are the people in Cowden 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.
£52,700.00 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 Cowden.
In Cowden, what is the crime rate?
Within Cowden, the number of people committing crimes is 11000% per 1000 people. This figure directly relates to the safety of residents in the area which is one of the biggest factors in whether an area is considered desirable or not.
As a result, someone looking to buy a house here hoping for it to appreciate in value or buying a house here to produce rental income should check out the crime rate and compare it carefully to the UK average of 79.52 for every 1000 people to see how safe people living there will be.
If the area’s crime rate is too high, this may result in you having to pay for the renovation of burglaries or pay a premium on home insurance as insurance companies will charge you more for living in a dangerous area. So analyse this 11000% figure carefully.
How are rental yields of the houses for sale different to the rest of the UK in Cowden?
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 Cowden, 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 East Sussex, to give a smaller scale area to compare the data to.
Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
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Cowden | no relevant data for this city | no relevant data for this city | no relevant data for this city | £0 |
East Sussex | 3.51% | £1,257.56 | 139.11% | 13.90% |
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 Cowden you might be interested in the number of sales per month (4) that happen in the local housing market. Comparing this figure for Cowden with the above table gives you a good understanding of the profitability of the area.
Is the housing market in Cowden growing?
Before committing to Cowden to make a housing investment, an investor should always ask the question, what is the growth like in the area?
So take a look below at the growth patterns of the previous years displaying the percentage of new houses being built. This will help you understand how the number of houses for sale will evolve in the future.
1 year | 3 years | 5 years | |
---|---|---|---|
Cowden growth rate | 3% | 16% | 22% |
Whether housing growth actually changes the price of a house depends on if the city in question is outstripping demand with the supply of new housing. You’d have to do some more research on what rate Cowden is building housing to find your answer.
In general, what do houses for sale sell for in Cowden?
There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Cowden. In Cowden, this sale price works out to be £411,938. As an example, a factor like population growth over the last 10 years which works out to be 6% in Cowden and impacts house prices of the houses for sale.
Housing category | Total final sale price |
---|---|
Average sold price (detached) | £639,621 |
Average sold price (semi-detached) | £422,480 |
Average sold price (terraced) | £309,421 |
Average sold price (flat) | £207,219 |
Above, the exact type of house is also shown to vary in price in a table in Cowden. 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 | £4,100 |
Average sold price/sqft (new build) | £4,170 |
Average sold price/sqft (old stock) | £3,960 |
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 Cowden which is £4,100. 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.
Are you considering other cities with houses for sale?
If you are looking for a list of cities that are different to the City of Cowden and in different UK region to South East. You might want to consider these as alternatives for your next real estate investment:
- abergynolwyn in South East
- crank in South East
- kirkby in South East
- clenchwarton in South East
- coombes in South East
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 is the asking price on average of houses for sale in Cowden?
Before a house gets sold, the figure it sells for always starts off as an asking price. This average asking price for the houses for sale in Cowden determines the eventual sale price of the house so it isn’t the most important figure but is still important to take note of. This figure is currently £514,455.
Below, there is a table showing the asking price of the different sizes of houses based on the number of bedrooms of the houses in Cowden.
Average prices for the houses for sale in Cowden
Average asking price (1 bed) | no relevant data for this city |
Average asking price (2 bed) | £374,354 |
Average asking price (3 bed) | £506,892 |
Average asking price (4 bed) | £664,163 |
Average asking price (5 bed) | £1,341,000 |
The above table is perfect for understanding the distribution of properties in the area as well as looking at this data alongside the average asking price per square foot of £0. Telling you what type of house is most in demand relative to the price of the area.
This could be due to more people looking at particular types of houses for sale over others or even due to the fact that Cowden has a lack of supply of housing in certain categories.
A house for sale that is right for you
Criterias that have an impact on the actual price of a house for sale have been listed here below. Consider them all to find the perfect houses for sale in Cowden.
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Affordability – check this article from the UK government to find out (see what house for sale you can afford)
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Location – if the house for sale is in the city centre rather than further out, this may be why it is more expensive than the market average.
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Transports near the house for sale – Being able to use public transports is a huge plus for a house, especially in big cities. This will have an impact on the price as well.
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Bedrooms – the more bedrooms there are in a house for sale, the more tenants a buy to let investors will be able to host, therefore, realistically the price will also increase.
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EPC of the house for sale – today more than ever, the energy performance of properties for sale on the market should be one of the first things you check.
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Wi-Fi speed – We recommend you check the internet plans available for the areas where you are considering to buy a house for sale
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Are you a motorist? – If yes, filter out your searches and compare prices of houses for sale with parking availability. Remember, a car parking space can cost as much as £400 per month
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Conditions of the house for sale – New builds and properties that were recently built usually need little to no repairs; instead, other houses for sale may require consistent or structural maintenance. These investments that can be both expensive and laborious to complete. Before making your offer for a house for sale you should always carefully assess this criteria.
FAQ
Are there opportunities for property renovation in Cowden?
Properties in the city of Cowden may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are 13 approvals every month with an approval of nan based on a population of 13128. Compare other places in the UK to make this figure make more sense.
In Cowden, how many property sales per month are there?
4 property transactions are reported in Cowden each month, alongside a broader picture of approximately 1.1 million property sales across the UK.
What’s the annual population shift in a city such as Cowden?
When evaluating the population trajectory of Cowden, explore the decade-spanning population shift of 6% and the five-year modification of population of 3%. By drawing comparisons, see if demographic changes in your chosen area is
prices for houses on sale in the broader vicinity of Cowden?
The average cost per square foot for a house in Cowden is presently £0.
Would acquiring a house for sale in Cowden be regarded as a high-priced option?
Calculate if a property is on the pricier side by matching a listed house for sale against the mean selling prices. In Cowden, this value is £411,938, compared to the UK’s average of £286,500.
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