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What is it like buying a house in Emsworth?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in the South East $ What is it like buying a house in Emsworth?

Emsworth 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 Emsworth.

On top of this, keep reading for detailed information on the demographics of Emsworth in Hampshire. This is crucial in finding out if the area is worth for looking at houses for sale in the UK for an investment over the long term too.

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

In Emsworth, the average sale price of a house for sale is in fact £378,527. This is dependent on the 10 year population growth of Emsworth being 6%. Growing populations are more likely to inflate the prices of houses for sale in the city of Emsworth.

Housing category Total final sale price
Aerage sold price (detached) £493,917
Aerage sold price (semi-detached) £334,936
Aerage sold price (terraced) £310,679
Aerage sold price (flat) £182,948

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 Emsworth.

Housing category Sale price per square foot
Aerage sold price/sqft £3,740
Aerage sold price/sqft (new build) £3,760
Aerage sold price/sqft (old stock) £3,650

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 £3,740. This means if you are just looking out the houses sold in Emsworth in general and didn’t take into consideration the type of build. For example, a new build.

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

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 Emsworth 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 £500,644.

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 Emsworth.

Table showing the asking prices for houses for sale in Emsworth

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £337,280
Average asking price (3 bed) £474,486
Average asking price (4 bed) £746,415
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 Emsworth 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.

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

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 Emsworth to Hampshire and the broader suburb of the UK; South East.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Emsworth 3.3% £1,369 no relevant data for this city 15.0%
Hampshire 3.67% £1,199 129.21% 20.71%
South East 3.58% £1,301 127.50% 16.69%

Let’s assume you want to sell the house you’re looking to buy in Emsworth for profit in the future, in this case, looking at the data for the number of houses sold per month in Emsworth would give you an idea of whether the area is actively getting new investors. This figure is 13.

It is vital you be careful with this figure however as the data can suggest something that isn’t true in Emsworth. 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 new houses being built in Emsworth to make it grow?

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 Emsworth that shows the growth in recent years.

1 year 3 years 5 years
Emsworth growth rate 5% 19% 23%

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 Emsworth is important.

What are the people like in Emsworth?

In Emsworth, what is the 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 Emsworth 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 Emsworth, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 33%.

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

In Emsworth, what are the deprivation levels like?

The deprivation levels of the UK can vary quite a bit. High deprivation levels signal a particular area has people who are struggling to make ends meet and pay for basic living expenses. For Emsworth, in particular, the deprivation levels are 17%.

This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.

Is the education level of Emsworth important when buying a house?

The number of people as a percentage who have been through university and gained a degree is 35%. The ability to buy a home is greatly influenced by the number of people who have degrees. £48,000 is the amount people in Emsworth 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 Emsworth, 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.

How much green space is available to residents of Emsworth?

Whether you view green space in Emsworth as important to you as a homeowner is up to your personal preferences. Having said this, there is a clear benefit on the overall health of people who live near green space as the government has stated keeping green space in proximity to people is one of the biggest factors for combating obesity.

In Emsworth, the number of acres of green space for every 1000 people currently is 4.9 which can be measured against the UK average of 1.7.

In the city of Emsworth, 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 Hampshire for example.

These demographics for Emsworth 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 Emsworth in South East.

What does the population of Emsworth 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 Emsworth if 18,268 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 Emsworth such as rental yield or house appreciation.

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

In the previous five years there has been a change in the number of people of Emsworth 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 Emsworth?

In the last decade, the population of Emsworth 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.

How much do people in Emsworth earn?

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.

£48,000 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 33% for Emsworth.

What’s the crime rate in Emsworth?

The crime rate of Emsworth must be looked at sceptically. The reason for this is that the crime rate can vary within a city greatly and the type of crime committed can also vary too.

For example, the area has a crime rate of 64, but another city may have a higher crime rate but not be deemed as dangerous due to lower level crime or minor offences being committed.

Either way, high crime rates are never a good sign so consider the rate against the UK average of 79.52 for every 1000 people as a benchmark.

Lower rates could mean things like home insurance is cheaper and you have to install fewer security measures throughout your house. Saving you money in the long run. So the statistic of crime rate (64) is both useful and is recommended to be compared to the average.

Professional advice for houses for sale in Emsworth

Invest in a house for sale that meets your demands

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 Emsworth.

  • Affordability – check this article from the UK government to find out (see what house for sale you can afford)

  • 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.

  • 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.

  • 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.

  • 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.

  • Wi-Fi speed – We recommend you check the internet plans available for the areas where you are considering to buy a house for sale

  • 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

  • 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.

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

Thinking about other cities with houses for sale?

Examine this short list of cities belonging to South East, the same region where Emsworth is located.

If none of these is of your interest, we suggest you visit our landing page with all data related to the houses for sale in the UK.

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