- 1 We help you find the right agent
- 2 In Farnham Common, what is the asking price in general for a house for sale?
- 3 House for sale in a different UK region
- 4 Invest in houses for sale in Farnham Common with the right professional advice
- 5 In general, for the city of Farnham Common, what are the final purchase prices for the houses for sale?
- 6 What’s the rental yield in general for the city of Farnham Common?
- 7 What kind of demographics does the city of Farnham Common have?
- 8 Choose the right house for sale that suits your needs
- 9 FAQ (Frequently Asked Questions)
Whenever looking for a house for sale in the UK or in Farnham Common, it is vital you look at the market trends and house price fluctuations in the wider area of Buckinghamshire too. House prices of houses for sale can change even among different streets very close to each other so, as a landlord, it would be a good idea to be familiar with the area of Farnham Common.
In this article, we will be looking at the city of Farnham Common in detail so you know how to navigate the area and have a better understanding on where to invest.
In Farnham Common, what is the asking price in general for a house for sale?
Average price of houses for sale in Farnham Common
|Average asking price (1 bed)||£227,944|
|Average asking price (2 bed)||£350,245|
|Average asking price (3 bed)||£451,082|
|Average asking price (4 bed)||£938,355|
|Average asking price (5 bed)||£1,511,389|
After looking at this table about prices of houses for sale in Farnham Common, 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 £4,820 will help them to have a more holistic understanding.
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 Farnham Common 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 £435,311.
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 Farnham Common.
House for sale in a different UK region
If you are looking for similar places to buy a house that are just like Farnham Common, examine this short list of cities below from outside of the region of South East for some inspiration.
- east-molesey in South East
- scunthorpe in South East
- brenkley in South East
- newton in South East
- stretford in South East
If none of these suit your interest, we suggest you visit our page with all of the relevant data concerning houses for sale in the UK, allowing you to buy the right property.
Or, consider buying a leasehold property instead which may be cheaper. However, you will also have to learn what will happen when a leasehold expires so you know how to deal with this side of the law.
Invest in houses for sale in Farnham Common 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.
In general, for the city of Farnham Common, what are the final purchase prices for the houses for sale?
In Farnham Common, the average sale price of a house for sale is in fact £384,192. This is dependent on the 10 year population growth of Farnham Common being 9%. Growing populations are more likely to inflate the prices of houses for sale in the city of Farnham Common.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£898,571|
|Aerage sold price (semi-detached)||£433,194|
|Aerage sold price (terraced)||£342,378|
|Aerage sold price (flat)||£248,968|
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 Farnham Common.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£4,330|
|Aerage sold price/sqft (new build)||£5,000|
|Aerage sold price/sqft (old stock)||£4,220|
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 £4,570. This means if you are just looking out the houses sold in Farnham Common in general and didn’t take into consideration the type of build. For example, a new build.
What’s the rental yield in general for the city of Farnham Common?
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Farnham Common, currently, £0 people fall into this category.
Measuring this statistic against the nationwide average of 33% should give you a pretty good idea of where the city lies in the scale of poverty in the area and how much you can charge for rent in your ast (assured tenancy shorthold).
What is the growth in the housing market of Farnham Common?
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 Farnham Common that shows the growth in recent years.
|1 year||3 years||5 years|
|Farnham Common growth rate||2%||3%||15%|
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 Farnham Common is important.
What kind of demographics does the city of Farnham Common have?
Are the people in Farnham Common earning a lot?
You may be wondering what the amount people earn has to do with house price. Well, house prices generally go up as people earn more not just because they can afford more valuable properties but also because good areas generally attract more desirable infrastructure. For reference, the average household income is £46,800.00.
This may be better schools, doctors and areas with lower crime rates. This results in a snowball effect which polarises different areas further, increasing the demand for housing in richer areas by a greater amount. And increasing the proportion of people with high social grade scores. For Farnham Common this figure is 19%.
Have the people of Farnham Common grown in numbers?
The city of Farnham Common has a total population of 53085. 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 Farnham Common 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 Farnham Common
Over time, in the last five years, the population of the city of Farnham Common has changed by 3%. 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 3% 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 Farnham Common?
In the last 10 years, there has been a shift in the population of 9%.
Comparing this to the 5 year figure of Farnham Common 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.
In Farnham Common, what is the crime rate?
The crime rate of Farnham Common 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 10800%, 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 (10800%) is both useful and is recommended to be compared to the average.
How deprived is the population of Farnham Common?
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Farnham Common, currently, £0 people fall into this category.
Measuring this statistic against the nationwide average of 33% should give you a pretty good idea of where the city lies in the scale of poverty in the area.
For the city of Farnham Common, what is the education level?
In Farnham Common, the proportion of people who have a degree is 25%. 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 Farnham Common is £46,800.00.
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.
Farnham Common within Buckinghamshire is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Farnham Common will be looked at by comparing it to the local region, as well as comparing it to the wider region too (South East). From what the population of the city is to how it’s growing as well as factors like the overall crime rate.
This data is impacted by the history of the area and what kind of industry there is around. All of which also impact house prices which is crucial for you to understand as you look at houses for sale in Farnham Common.
What is a social grade score and how does this relate to Farnham Common?
In the city of Farnham Common 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 Farnham Common has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 19%.
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|
How much green space is available to residents of Farnham Common?
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 Farnham Common, 19 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 Farnham Common.
Choose the right house for sale that suits your needs
When browsing houses for sale in Farnham Common 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.
FAQ (Frequently Asked Questions)
Do properties in Farnham Common have the potential for renovation?
Properties in the city of Farnham Common may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are 31 approvals every month with an approval of nan based on a population of 53085. Compare other places in the UK to make this figure make more sense.
How many property sales occur per month in Farnham Common?
Farnham Common boasts a monthly total of 23 property transactions, while the entire UK witnesses approximately 1.1 million property sales. You can visit our pages that give information on houses for sale based on Rightmove data from the same region using the link
What’s the annual population shift in a city such as Farnham Common?
When evaluating the population trajectory of Farnham Common, explore the decade-spanning population shift of 9% and the five-year modification of population of 3%. By drawing comparisons, see if demographic changes in your chosen area is
What are the asking rates for houses for sale in the surrounding area of Farnham Common?
In Farnham Common, the mean asking price per square foot for a house is currently £4,820, based on the average value per square foot
Is investing in a house for sale in Farnham Common a financially demanding choice?
Ascertain the costliness of a property by examining a listed house for sale in relation to the prevailing average selling prices. In Farnham Common, this stands at £384,192, whereas the UK’s mean is £286,500.