A guide on houses for sale in Guildford

Whenever looking for a house for sale in the UK or in Guildford, it is vital you look at the market trends and house price fluctuations in the wider area of Hampshire 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 Guildford.

In this article, we will be looking at the city of Guildford in detail so you know how to navigate the area and have a better understanding on where to invest.

What are the demographics like in the city of Guildford?

How much green space is available to residents of Guildford?

Whether you view green space in Guildford 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 Guildford, the number of acres of green space for every 1000 people currently is 47.9 which can be measured against the UK average of 1.7.

In Guildford, what is the 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 Guildford in grades A or B which are the highest skilled roles in the country is 42%. Realistically, you can expect workers in this category to earn a higher salary too.

For comparison, £64,967 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 42%.

Are the deprivation levels of the UK any different to Guildford?

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Guildford, currently, 13% 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.

Is the crime rate bad in the city of Guildford?

In Guildford, for every 1000 people, there is currently a crime rate of 59. This can be compared to the national average of 79.52 for every 1000 people.

Low crime rates are desirable for your safety as a homeowner. Even if you don’t tend to leave the house too often and tend to not mind living in a slightly more dangerous area. Things like burglaries are always a possibility which could harm your ability to pay for home insurance and also may force you to install additional security in your home that can cost you further.

Having said this, you can look at the crime rate on a deeper level to find out what the threats are exactly. It could be the case that a proportion of these crimes (59 for every 1000 people) come from things like anti-social behaviour rather than more serious crimes like violence and sexual offences.

If this is the case you may be more willing to look over a high crime rate within the areas you’re looking to buy a home.

For the city of Guildford, what is the education level?

In the city of Guildford, 40% of people have degrees. In general, as the number of people who are highly educated goes up, the more likely they are to have the ability to buy houses as their annual household income goes up too.

So you can see for yourself, the average income for the people of Guildford is £64,967. This generally goes up with the education level of the area. Additionally, looking at the difference between the proportion of people with degrees and the UK average for this statistic (22.6%) should give you an idea of the affluence and education of the city.

A higher education level can therefore tell you if the house prices are likely to be high as the higher income level often results in people buying a bigger, more valuable house.

Having said this, whale education level can be a good factor to go by, there are also things like the rental yields, the population growth and social grades scores that can impact the value of a house and whether it will go up in value as time goes on.

In Guildford, how has the population changed?

In total, the number of people in Guildford is 46,256. This figure can be used to estimate the appreciation of the houses but it is also important you look at the population growth figure in order to make this more accurate.

Whether a large population benefits you as a landlord is dependent on what you want from a home. A large population is great if you have children who prefer the bustle of crowds in cities but there are also those who purposely want to buy somewhere rural.

You may also be able to find a balance of both where there are shops, restaurants and entertainment and also rural areas all within a short distance which may be the case ni Guildford, depending on where exactly you are.

How has Guildford changed in the past five years?

Five years provides enough time for a city to grow dramatically. It may be the case that the population grows or shrinks but the city of Guildford has changed by 3%. Read more here

It is also helpful to compare this data to a longer time period like 10 years like in the below subheading. If the population trend of growth or decline has been there for a longer period of time you’ll be able to tell if 3% is a recent change or not.
Click here to know more on the UK population trends.

In the last decade, what is the difference in population in Guildford?

8% has been the population growth change in the past 10 years.

Usually, this is more of a conservative figure compared to the five year change of a city.

Industrial changes can also be the reason for this shift but it could also be due to immigration or emigration. Bringing people in or out of the area.

The recent global pandemic has also shifted the number of people living in cities as people realise they can now work remotely. It may be that the people of a Guildford have seen a more desirable way of working, moving to make themselves more comfortable in their careers.

For example, the population of the South west of England has seen a massive increase in population because workers want to move there to benefit from the slightly better weather, lower house prices and also the rural area. Nonetheless, they can also benefit from travelling to the capital city of the UK, London.

What salary does the community in Guildford 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 Guildford, the average income is £64,967. 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 42% to decide on what the demographics are like in the area.

Located in Hampshire is the city of Guildford, 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 Guildford 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 Guildford 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.

Finding the ideal house for sale 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 Guildford.

• 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.

houses for sale in other cities in the UK

You can assess the various houses for sale offered in the area by consulting this list of cities in South East, the same UK region as Guildford:

• Brenzett in South East
• Cranmore in South East
• Benover in South East
• Deepcut in South East
• Colnbrook in South East

You may also refer to our landing page specific to UK houses for sale, houses for sale in the UK

Advice from experts on properties for sale in Guildford

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’s the rental yield in general for the city of Guildford?

In Guildford, 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 Guildford that shows the growth in recent years.

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 Guildford is important.

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

Let’s assume you want to sell the house you’re looking to buy in Guildford for profit in the future, in this case, looking at the data for the number of houses sold per month in Guildford would give you an idea of whether the area is actively getting new investors. This figure is 41.

It is vital you be careful with this figure however as the data can suggest something that isn’t true in Guildford. 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.

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

There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Guildford. In Guildford, this sale price works out to be £491,201. As an example, a factor like population growth over the last 10 years which works out to be 8% in Guildford and impacts house prices of the houses for sale.

Above, the exact type of house is also shown to vary in price in a table in Guildford. 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.

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 Guildford which is £4,567. 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.

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

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 Guildford 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 £568,599.

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 Guildford.

Table showing the asking prices for houses for sale in Guildford

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 £1,647. 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 Guildford has a lack of supply of housing in certain categories.