Grayshott – What to look for in houses for sale?

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

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

As well as looking at the asking price for house for sale in Grayshott, a sensible homeowner or investor will also consider the final price a house sells for. This final price may be influenced by elements like the amount people are earning in the area and what opportunities for employment there are in Grayshott.

Houses for sale, are sold on average in Grayshott, after the influence of these factors, at £529,659 as a result. And may be on the rise or decline depending on a combination of variables such as the crime rate, or population growth which was 6% over the last 10 years.

Housing category	Total final sale price
Aerage sold price (detached)	£742,339
Aerage sold price (semi-detached)	£473,667
Aerage sold price (terraced)	£376,399
Aerage sold price (flat)	£235,641

This table above shows the average sale price for each variation of houses for sale in Grayshott.

Housing category	Sale price per square foot
Aerage sold price/sqft	£4,050
Aerage sold price/sqft (new build)	£4,670
Aerage sold price/sqft (old stock)	£3,930

This final table looks at the price per square foot of houses for sale. Looking at the final table, you can take a further average and conclude that the average price per square foot of houses in general in Grayshott is £4,050.

This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.

Are you considering other cities with houses for sale?

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

• Adur in South East
• Alciston in South East
• Cowley in South East
• Reading in South East
• Bray in South East

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.

In Grayshott, what is the asking price in general for a house for sale?

Table showing the asking prices for houses for sale in Grayshott

Average asking price (1 bed)	£184,545
Average asking price (2 bed)	£317,908
Average asking price (3 bed)	£613,815
Average asking price (4 bed)	£920,765
Average asking price (5 bed)	no relevant data for this city

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 Grayshott has a lack of supply of housing in certain categories.

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 Grayshott 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 £603,866.

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 Grayshott.

Are there any important statistics about the population of Grayshott?

How much do people in Grayshott earn?

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 Grayshott, the average income is £56,900. 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 41% to decide on what the demographics are like in the area.

What is the city of Grayshott’s social grade score?

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 Grayshott in grades A or B which are the highest skilled roles in the country is 41%. Realistically, you can expect workers in this category to earn a higher salary too.

For comparison, £56,900 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 41%.

Is the crime rate bad in the city of Grayshott?

The crime rate of Grayshott 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 44, 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 (44) is both useful and is recommended to be compared to the average.

In the city of Grayshott, 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 Grayshott 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 Grayshott in South East.

In Grayshott, what are the deprivation levels like?

The number of people who are deprived can have an impact on the perception of your house in the general marketplace. Additionally, if you are looking for a house to live in for the long term, you can start to picture what your neighbours and the people in your area live like financially.

If the proportion of deprivation of Grayshott is 13% and in general for the UK this figure is somewhere around 33%, you can see if this figure is something you are happy with as you search for a house to buy.

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

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 Grayshott, 46.1 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 Grayshott.

What is the education level like in Grayshott?

Interestingly, the percentage of people who have a degree in the city of Grayshott is 40%. Most of the time, the more people that have a degree, the higher the average household income and the more likely someone is to be able to afford to purchase a house. For example, the average income of the citizens in the area of Grayshott is £56,900.

Generally, areas with high numbers of people with a degree are also areas with more people likely to be home owners and therefore the value of houses and relative prices of the houses for sale are more likely to go up too.

Nonetheless, making predictions about the appreciation of a house also has to be considered alongside other factors like population growth and the rental yields of the area.

However, most of the time, being educated is a good indication of affluence with 82% of people graded a first in tertiary education going on to eventually own a house.

What is the population of Grayshott?

Population growth in Grayshott is important to know if there is housing demand and the total population may also be looked at as large populations commonly have a lot of buyer demand.

In Grayshott, 7,337 people live in the city as their main place of residence.

It is important to note that it is not the case that everyone likes a large population to live in. People who tend to prefer a more relaxed life are more likely to buy or rent somewhere to live that has a small population and perhaps also wouldn’t mind if the population isn’t growing.

Other people also like to have a mix of both. Where they can visit rural areas and also benefit from the amenities of a busy city.

In Grayshott in the previous five years, have population numbers transformed?

Five years may seem like a long time but it is rare for a city to grow that much unless there is dramatic population growth. In Grayshott, this change has been 3%. Read more here

Someone who wishes to find out how this change has occurred over a longer period of time may also wish to read the headings below and see if the change has continued throughout the past decade too. Or if the change is only true for the more recent figure for five years of 3%. Click here to know more on the UK population trends.

Over the last decade, how has the population differed in Grayshott?

Populations change all the time but if there is a clear change in population in the last ten years this is even more reliable data about the population of the area as opposed to five. This adjustment in population works out to be 6% in Grayshott.

What this statistic is like in comparison to the population change in five years should provide you with a comprehensive understanding of what direction the population is heading in.

In recent years because of the pandemic, it is common to see dramatic differences in the population change in the last five years when comparing it to ten as people realise they can work from home but still keep the current jobs they have.

This means they can move to cities they wouldn’t have considered otherwise and be location-independent of their source of income. Perhaps making a longer commute into the office every week for example.

Professional advice for houses for sale in Grayshott

Who should you talk to while going through the process of making an offer on a house for sale?
Several experts specialise in giving advice to property investors or to first time potential buyers.

Since the process of finding the right house for sale can take months, you have all the time to consult with the experts you might need.

Find here a list of those you should contact to get professional guidance and assistance when purchasing a house for sale:

• Lender – This practitioner can lend you money to finalise a house purchase
• Insurer – Insuring companies will provide you with the insurance policy you need to protect the house for sale you want to buy
• Legal representative – This professional is usually there to handle all the legal tasks associated with purchasing a home for sale.
• Surveyor – Carries out and independent valuation on the house for sale based on its conditions. It is very useful to understand the correct price before making an offer
• Mortgage specialist – Mortgage advisors works on commissions. They will get a cut from the bank and will guide you with offering the best deals given your financial situation
• Energy assessor – We strongly suggest you to invest in a professional assessment of the Energy Performance of the house for sale you want to purchase

A house for sale appropriate to your needs

Find here below a list of criteria that we suggest you consider before looking for houses for sale in Grayshott

• affordability – the UK gov website comes in helpful when you want to understand (see what house for sale you can afford)

• Geographic Location – the county and region across the UK you are considering to invest in are crucial factors to consider when browsing houses for sale.

• Transport network of the house for sale – Hopefully, the pandemic stays in the past. Therefore, working from home may become less predominant than a couple of years ago. Check the commuting time of the house for sale you are considering buying.

• Bedrooms in the house for sale – are you looking for houses for sale for yourself, for a couple or for the whole family? This condition will narrow down the number of houses for sale relevant to buy.

• EPC of the house for sale – today more than ever, the energy performance of the properties for sale on the market should be one of the first things you check.

• Broadband speed – having a good internet connection is crucial nowadays. Always check the available subscriptions available for the areas of the house for sale you want to purchase

• Are you a car owner? – if yes, you will have to check for parking availability of the house for sale. Does it come with a garage included in the price?

• Conservation areas – when browsing for houses for sale, we suggest you take a look at the National Heritage list. When a house for sale is included it means that it is not possible for the future homeowner to make changes to the property, both inside and outside.

• 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 Grayshott?

In Grayshott, how has the number of houses changed?

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 Grayshott that shows the growth in recent years.

	1 year	3 years	5 years
Grayshott growth rate	-13%	2%	9%

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 Grayshott is important.

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 Grayshott, 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 Hampshire, to give a smaller scale area to compare the data to.

	Average Yield	Average Asking rent	Turnover (rental)	Turnover (sale)
Grayshott	2.2%	£1,087	no relevant data for this city	14.0%
Hampshire	3.67%	£1,199	129.21%	20.71%
South East	3.58%	£1,301	127.50%	16.69%

Assuming that in the future you want to re-sell the house you will eventually purchased in Grayshott you might be interested in the number of sales per month (7) that happen in the local housing market. Comparing this figure for Grayshott with the above table gives you a good understanding of the profitability of the area.