Sometimes, working out the prices of the houses for sale can be tricky business. This is why we created this article all about the price of houses for sale in Queenborough, Kent.
From the average asking price of houses for sale in Queenborough, to the growth of the population in the area, all will be talked about regarding the city of Queenborough. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
Who can help you buy a house for sale in Queenborough?
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.
What is the asking price on average of houses for sale in Queenborough?
Average prices for the houses for sale in Queenborough
Average asking price (1 bed) | no relevant data for this city |
Average asking price (2 bed) | no relevant data for this city |
Average asking price (3 bed) | no relevant data for this city |
Average asking price (4 bed) | no relevant data for this city |
Average asking price (5 bed) | no relevant data for this city |
Based on this table, hopefully, you will be able to tell what type of house for sale is the most suitable for your budget. You can also consider the average asking price per square foot (£0) for houses for sale with this table to get a good idea as to whether Queenborough is the right area to buy a house in for you.
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 Queenborough 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 £249,375.
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 Queenborough.
What is the final sale price of a house in Queenborough?
There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Queenborough. In Queenborough, this sale price works out to be £209,139. As an example, a factor like population growth over the last 10 years which works out to be 12% in Queenborough and impacts house prices of the houses for sale.
Housing category | Total final sale price |
---|---|
Average sold price (detached) | no relevant data for this city |
Average sold price (semi-detached) | £223,035 |
Average sold price (terraced) | £180,168 |
Average sold price (flat) | no relevant data for this city |
Above, the exact type of house is also shown to vary in price in a table in Queenborough. 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.
Housing category | Sale price per square foot |
---|---|
Average sold price/sqft | £2,490 |
Average sold price/sqft (new build) | £2,900 |
Average sold price/sqft (old stock) | £2,220 |
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 Queenborough which is £2,490. 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.
Thinking of a different city and perhaps a different location?
Below is a list of towns that differ from Queenborough.
Going over these locations will help you evaluate the different houses for sale across the UK. Whether that be in the same or a very different region to South East:
- Crafthole in South East
- Alderton in South East
- Liverpool in South East
- Dowanhill in South East
- Belford in South East
If you are interested in other cities or even regions of the UK, please visit the following page for more information:houses for sale in the UK it contains all the data related to the houses for sale in our nation.
How are rental yields of the houses for sale different to the rest of the UK in Queenborough?
The figure of rental yield is commonly looked at by investors who wish to increase their income by investing in areas where rental yields of the houses for sale are higher. Usually, the higher the rental yield, the more attractive a house for sale is for an investor.
Nonetheless, there are also instances where an investor will go with a house with lower yields in order to benefit from the appreciation of a house too which is why it’s vital to look in to all the details of Queenborough.
The data below shows the rental yield, rent turnover and the percentage of the money made on the sale of a house. The data is broken down into the county city is in (Kent) as well as the broader region; South East.
Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
---|---|---|---|---|
Queenborough | no relevant data for this city | no relevant data for this city | no relevant data for this city | 14.0% |
Kent | 3.63% | £1,229 | 130.16% | 16.77% |
South East | 3.58% | £1,301 | 127.50% | 16.69% |
Also, you can compare other data to the table above such as the number of houses sold per month in Queenborough which is 2 and get a better understanding of the housing market.
This is great if you want to gauge if investors are actively looking for houses for sale in the area over other areas in the UK which may be an induction of how profitable Queenborough is to invest in. Both in terms of rental yield and capital appreciation.
Are there more or fewer houses being built in Queenborough?
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 Queenborough that shows the growth in recent years.
1 year | 3 years | 5 years | |
---|---|---|---|
Queenborough growth rate | 19% | 7% | 41% |
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 Queenborough is important.
A house for sale that is right for you
Find here below a list of criteria that we suggest you consider before looking for houses for sale in Queenborough
-
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.
What are the people like in Queenborough?
For the city of Queenborough, what is the education level?
In the city of Queenborough, 10% 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 Queenborough is £36,300.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
In the city of Queenborough, has the population grown or shrunk?
In the UK in general and specifically in the region in question, large population sizes can be good indications that there are a lot of people in the area looking for houses for sale which can drive up demand and therefore impact the cost. You should also check to see if the population is growing in the area too to show an increasing demand, this is even better. Currently, the total population of Queenborough is 3,396.
Sometimes, smaller populations can have higher buyer demand than large populations on the other hand. This is because the price of houses and hence the demand for houses is based on a variety of variables.
The most important variable is the location of the houses for sale in the city of Queenborough.
In Queenborough, how has the population changed over the last five years?
In the last five years, over time, the change in population size was 6%. Looking at this figure can inform you of the buyer demand for the houses for sale in the area. Read more here
This may mean that the city has now started to slow down in terms of population growth or it may mean the city is also building a lot of houses which would indicate the supply of houses for sale will be matching the demand.
Making predictions about the future growth of Queenborough is hence important in making a decision if capital appreciation of your real estate investment is something you’re after as a landlord.
Comparing this figure for the 5 year growth (6%) as well as the ten year growth in the subheading below should allow you to make some accurate forecasts on the growth rate. Click here to know more on the UK population trends.
Queenborough population difference over 10 years?
The population has adjusted in the area of Queenborough by 12% in the most recent decade. This change is even more useful when compared alongside the figure for the five year growth of the area too.
This will tell you if the population is changing at the moment or if change is more recent. Through this a landlord can accurately look at the fluctuations in population size of the area over time and therefore better understand the trend of the houses for sale in Queenborough.
To make an example, the town of Salford which is a part of Manchester has seen a 10% increase in population. house price has therefore followed.
What’s the crime rate in Queenborough?
For every one thousand people living in Queenborough, 207 commits crimes and are prosecuted. Coming to a conclusion as to whether all the other factors of your house purchase like the house price justify this figure when contrasting it with the UK average of 79.52 is something you should do as a homeowner.
It could be that the crime rate is higher than you expected but there it is worth the population growth, appreciation of the house and worth the relative price you are purchasing the house for.
Nonetheless, the crime rate of 207 is not a statistic that should just be ignored as you could have to pay more for things like home insurance and install additional security on your house if the rate is particularly high.
Either way, burglaries are not something you would want to encounter in a house. Whether that be a house you are living in or a house you are renting out to tenants.
In the city of Queenborough, 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 Queenborough, 3.9 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 Queenborough.
In the city of Queenborough, 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 Kent for example.
These demographics for Queenborough 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 Queenborough in South East.
How much do people in Queenborough earn?
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 £36,300.
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 Queenborough this figure is 7%.
In Queenborough, 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 Queenborough is 34% 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 Queenborough, what is the social grade score?
In the city of Queenborough 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 Queenborough has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 7%.
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 |
0 Comments