As a landlord, whenever you are looking at houses for sale in Kent, you could find varying prices throughout an area like Kemsley. 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 Kemsley 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 Kemsley will be revealed. Keep reading.
Who can help you buy a house for sale in Kemsley?
In today’s market with an abundance of homes available for sale, choosing the best house for sale can be challenging.
With several houses for sale to choose from, who will guide you through the process of choosing?
We have listed here below several experts and companies able to advise and support potential buyers.
The process of finding and investing in a house for sale can be lengthy and time-consuming, this is why we suggest you consult with the following professionals:
- Banks – Lend you the cash
- Insurance companies – Insure your new real estate investment
- Conveyancer – handles all the legal labour that is needed to proceed in buying a house for sale.
- Surveyor – Carries out an independent and complete property valuation of the house for sale
- Mortgage advisor – If you are thinking to get a mortgage to get the finances needed to afford to buy a house for sale, a mortgage advisor is the person you should be looking for
- EPC person – Always get a quote on the Energy Performance Certificate of the houses for sale listed in a certain city
What kind of demographics does the city of Kemsley have?
Is the crime rate bad in the city of Kemsley?
Within Kemsley, the number of people committing crimes is 142 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 142 figure carefully.
Are the deprivation levels of the UK any different to Kemsley?
Deprivation levels refer to the ability of the population of the city to earn enough to keep their lifestyle going. Nationwide, it is thought that the number of people at this level or not being able to meet the costs of living is around 33%. In comparison, the deprivation level of Kemsley is 25%.
In Kemsley, how has the population changed?
The city of Kemsley has a total population of 47,513. 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 Kemsley 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 Kemsley
Over time, in the last five years, the population of the city of Kemsley has changed by 6%. 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 6% 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 Kemsley?
In the last 10 years, there has been a shift in the population of 12%.
Comparing this to the 5 year figure of Kemsley 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.
Kemsley within Kent is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Kemsley 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 Kemsley.
What is the city of Kemsley’s social grade score?
In the city of Kemsley 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 Kemsley has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 15%.
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 |
In Kemsley, how educated are people in general?
In the city of Kemsley, 17% people have a degree from a university. The higher this proportion is, in general, the more likely it is that the population is able to buy a house.
Interestingly, as people who have degrees go up, the average income of the area goes up too. You can see if there is a correlation, the average household income in the UK is price34,000 and the average income in Kemsley is £46,100.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
How much are those living in Kemsley earning?
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 £46,100.
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 Kemsley this figure is 15%.
How much green space is available to residents of Kemsley?
Whether you view green space in Kemsley 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 Kemsley, the number of acres of green space for every 1000 people currently is 7.8 which can be measured against the UK average of 1.7.
In general, what do houses for sale sell for in Kemsley?
As well as looking at the asking price for house for sale in Kemsley, 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 Kemsley.
Houses for sale, are sold on average in Kemsley, after the influence of these factors, at £249,387 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 12% over the last 10 years.
| Housing category | Total final sale price |
|---|---|
| Aerage sold price (detached) | £365,020 |
| Aerage sold price (semi-detached) | £268,258 |
| Aerage sold price (terraced) | £222,140 |
| Aerage sold price (flat) | £154,244 |
This table above shows the average sale price for each variation of houses for sale in Kemsley.
| Housing category | Sale price per square foot |
|---|---|
| Aerage sold price/sqft | £2,960 |
| Aerage sold price/sqft (new build) | £3,050 |
| Aerage sold price/sqft (old stock) | £2,850 |
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 Kemsley is £3,310.
This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.
In Kemsley, what is the asking price in general for a house for sale?
When speaking about the city of Kemsley, £336,692 is the asking price for a house for sale.
We have compiled a table of data so you can know the asking prices of the specific size of home you’re most interested in. As you can imagine, a family looking to move out with children in Kemsley would be after a larger house than someone living alone.
The data is in fact very different compared to the number of rooms you’re interested in having in your home and the asking price also tends to go up in staggering amounts as you add rooms.
Table showing the asking prices for houses for sale in Kemsley
| Average asking price (1 bed) | £156,500 |
| Average asking price (2 bed) | £238,564 |
| Average asking price (3 bed) | £336,886 |
| Average asking price (4 bed) | £454,745 |
| 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 Kemsley 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 £3,670 should also give you an overview of what the asking price for houses for sale are in general.
houses for sale in other cities in the UK
See here below a list of cities in the same UK region of Kemsley which is South East. You might want to consider these as alternatives for your next real estate investment:
- Borstal in South East
- Bearsted in South East
- Guildford-Park in South East
- Bank in South East
- Grayswood in South East
Or, visit our dedicated page on the houses for sale data for the whole of the UK – houses for sale in the UK.
Why you should consider the average rental yield when searching for houses for sale in Kemsley
Are there more or fewer houses being built in Kemsley?
Whenever you are thinking about looking for houses for sale in Kemsley, think about how the city is growing and how this may impact the overall growth of the area.
Comparing the growth at different time periods would be a great way to assess whether the growth has slowed down, remained the same or perhaps stagnated over the years.
| 1 year | 3 years | 5 years | |
|---|---|---|---|
| Kemsley growth rate | 10% | 17% | 23% |
As the population of Kemsley grows, this may also push up the price of the houses for sale. More people would be looking to buy homes and permanently live in the area. This demand helps a home appreciate. However, this isn’t always true because some cities build a lot of houses too to match the supply.
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 Kemsley to Kent and the broader suburb of the UK; South East.
| Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
|---|---|---|---|---|
| Kemsley | 3.5% | £982 | 140% | 27.0% |
| Kent | 3.63% | £1,229 | 130.16% | 16.77% |
| 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 Kemsley for profit in the future, in this case, looking at the data for the number of houses sold per month in Kemsley would give you an idea of whether the area is actively getting new investors. This figure is 48.
It is vital you be careful with this figure however as the data can suggest something that isn’t true in Kemsley. 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.
Finding the ideal house for sale for you
What parameters impact the final price of a house for sale in Kemsley?
Here below is our list with the most important ones:
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House for sale affordability – check out the (see house affordability guide)
on the UK gov website to know more
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House Location – the actual location of a house for sale drastically changes the final price of a property
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Transports you can reach by foot – Commuting is part of our lives, especially in big cities, check it out before buying a house for sale.
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Number of bedrooms – Usually, the bigger the house for sale the more bedrooms it will have. For example, if you are a single person (or a couple) one bedroom will do.
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Energy Performance Certificate of the house for sale – Bad EPCs can result in thousands of pounds more in bills you will have to pay on an annual basis. Consider this when purchasing a new property.
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Internet connection – Having a quick internet connection is fundamental nowadays. Check the area of the house for sale to understand what the average internet speed is and see if it fits your needs
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Do you drive to the office? – If yes, ask about parking. Is it included in the house price?
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Special areas – Start by taking a look at the National Heritage list by the UK government. If a house listed for sale appears in the list, the future landlord won’t be able to invest in changes to the real estate asset.
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Houses for sale Conditions – When looking for houses for sale you should always consider the amount of time and money you will have to invest to complete the needed repairs, if any at all.
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