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 Badbury, Wiltshire.
From the average asking price of houses for sale in Badbury, to the growth of the population in the area, all will be talked about regarding the city of Badbury. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
What is the asking price on average of houses for sale in Badbury?
When speaking about the city of Badbury, £349,715 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 Badbury 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.
Average prices for the houses for sale in Badbury
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£225,224|
|Average asking price (3 bed)||£326,720|
|Average asking price (4 bed)||£479,595|
|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 Badbury 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 £3,600 should also give you an overview of what the asking price for houses for sale are in general.
A house for sale appropriate to your needs
Many criteria impact the price of houses for sale in Badbury.
Here below are the most important ones according to Lofti’s expertise:
Affordability – (see what house for sale can you afford?)
A guide from the UK government
House Location – The borough and region of the UK you want to invest in is an important factor to consider when looking for a home for sale.
Transport – Commuting can be a waste of time. Minimise it by checking how long it will take from the house for sale you’re interested in, to your office before considering buying
Number of bedrooms – The number of bedrooms goes hand in hand with the house for sale price. If you are buying for the long period try to think if you might need an extra bedroom
Energy performance of the house for sale – The difference between an EPC rating of A and an EPC rating of G can impact your monthly utility bills, consider this when evaluating houses for sale.
Internet connection – Being able to take video calls from your home is crucial nowadays, always check the broadband of the area when browsing houses for sale
Car park – Ask the property seller for parking availability. If it is included in the price of the house for sale, you can justify paying more than you would at first glance
Conditions of the house for sale – Repair works can be expensive and take a lot of time, assess the conditions of the houses listed for sale before making an official offer.
What’s the rental yield in general for the city of Badbury?
You may have heard of rental yield as being important for investors who wish to make a sizable profit on their rental properties. If this sounds like you and you’re looking to invest in a house currently for sale and collect rental income in Badbury this statistic is what you were looking for.
Data should also be compared to the broader region of the UK (South West) alongside Wiltshire then looked at with other statistics like the area’s rent and the turnover of sale of the houses in question. It could be that an investor prefers to make a profit on the sale of a house rather than the rental income and optimal properties for this investment varies throughout Badbury.
This decision is made differently depending on the investor’s tolerance for risk, investing strategy, the location they’re investing in and their overall goal for buying a house currently listed for sale.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Badbury||£0||£1,000||no relevant data for this city||£0|
As you observe table above, it could be valuable to contrast these figures with other pieces of data relevant to the process of buying like the crime rate or the appreciation of houses for sale in Badbury.
As you can tell, the best conclusions are drawn when the buyer of a house for sale looks at all the data involved holistically and doesn’t make quick decisions based on one or two pieces of data. As an example, comparing the data with the number of property sold per month (25) will be useful.
In Badbury, how has the number of houses changed?
Before making an investment and move forward with buying a house for sale, another important set of data an investor should analyse is the growth trends of the area in question.
Below are the forecasted growth rates for the city of Badbury at 1 year, 3 year and 5 year intervals:
|1 year||3 years||5 years|
|Badbury growth rate||4%||10%||16%|
Examine this figure carefully as the addition of a lot of new houses to meet demand could mean that house price of the houses for sale in Badbury gradually reduces with an increase in the housing supply. This could be a good indicator to understand if your house will appreciate or not. Too many houses and too much supply could drive down the prices of homes or stagnate them. So be sure to check out what is exactly happening in Badbury.
Other cities in different locations you can consider to buy property
If you are looking for similar places to buy a house that are just like Badbury, examine this short list of cities below from outside of the region of South West for some inspiration.
- inverness in South West
- lea-bridge in South West
- aintree in South West
- queenborough in South West
- aberbargoed in South West
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 Badbury 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 Badbury, what are the demographics like?
Do the people of Badbury get to enjoy green space?
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 Badbury, 42 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 Badbury.
What is the city of Badbury’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 Badbury in grades A or B which are the highest skilled roles in the country is 31%.
Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £46,100.00 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 31%.
Is the education level of Badbury important when buying a house?
In the city of Badbury, 24% 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 Badbury is £46,100.00. 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.
What’s the crime rate in Badbury?
For every one thousand people living in Badbury, 6000% 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 6000% 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.
Are the people in Badbury 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 £46,100.00.
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 Badbury this figure is 31%.
In Badbury, what are the deprivation levels like?
The deprivation levels of the UK can vary quite a bit. High deprivation levels signal a particular area has people who are struggling to make ends meet and pay for basic living expenses. For Badbury, in particular, the deprivation levels are £0.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
The city of Badbury, situated in Wiltshire, is a particularly impressive part of the UK because of the specific demographics of the location.
In the below headings, the city of Badbury and its demographics will be compared to its wider location (South West). This includes population size, growth and population education now and into the future.
These statistics are heavily influenced by socio-economic factors and as a result this also shapes the projected house price of the houses for sale in Badbury. So, taking a good look at the data is essential to understand the area you are considering to buy in.
In the city of Badbury, 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 Badbury is 27358.
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 Badbury.
In Badbury, how has the population changed over the last five years?
In the last five years, over time, the change in population size was 3%. 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 Badbury 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 (3%) 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.
Badbury population difference over 10 years?
The population has adjusted in the area of Badbury by 7% 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 Badbury.
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.
In Badbury, what do houses for sale tend to sell for?
In Badbury, houses for sale are sold at an average of £285,370. In general, multiple factors impact this figure because lots of variables impact properties valuation. This can include the quality of the buildings in general, whether the population has grown, if there is demand for housing or if there is a low crime rate which would make the area more desirable.
In the table below, you can see for yourself how the average price of a house for sale looks based on the different sizes of housing in Badbury. The exact amount of variation between the types of housing depends on the local demand for particular types of houses in the area.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£403,363|
|Aerage sold price (semi-detached)||£260,627|
|Aerage sold price (terraced)||£231,862|
|Aerage sold price (flat)||£142,577|
As you can see above, for Badbury, price varies based on the type of house that is being sold. If these prices shock you it could be due to population change in the last 10 years of 7% where lots of movement may inflate or deflate house prices.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£2,870|
|Aerage sold price/sqft (new build)||£2,900|
|Aerage sold price/sqft (old stock)||£2,770|
Looking at the second table about Badbury, you are able to tell which type of housing is most affordable to you as a buyer. However, for a general overview of what house price is, the average price per square foot for a house in Badbury is £3,230.
FAQ (Frequently Asked Questions)
Do properties in Badbury have the potential for renovation?
Properties in the city of Badbury may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are 17 approvals every month with an approval of nan based on a population of 27358. Compare other places in the UK to make this figure make more sense.
How many property sales occur per month in Badbury?
The city of Badbury sees around 25 property transactions every month, while the nationwide figure for the whole of the United Kingdom stands at roughly 1.1 million property sales.
What’s the annual population shift in a city such as Badbury?
For a comprehensive analysis of Badbury’s population trends, observe the population fluctuation over a decade, indicated by 7%, and the five-year alteration represented by 3%. Perhaps also look at data from another nearby city too so you can see a comparison.
What is the asking price for houses for sale in the wider region of Badbury?
The average asking price of a house in Badbury is currently £3,600 based on the average price per square foot.
Does opting for a house for sale in Badbury come with a hefty price tag?
To work out if you are looking at an expensive property, find a house for sale and compare it to the average prices sell for. In Badbury this number is £285,370 and in the average for the UK is £286,500. Also, make sure you don’t miss a crucial step by following our tutorial when buying a house