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What is it like buying a house in Blaisdon?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in the South West $ What is it like buying a house in Blaisdon?

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

What kind of demographics does the city of Blaisdon have?

Blaisdon within Gloucestershire is notable for the type of people that live there. The statistics below show how this is the case.

As you read on, Blaisdon will be looked at by comparing it to the local region, as well as comparing it to the wider region too (South West). 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 Blaisdon.

What is the education level like in Blaisdon?

In Blaisdon, the proportion of people who have a degree is 21%. Generally speaking, as the number of people with degrees increases, the more people are able to afford houses to buy as a degree is a good indicator of a higher income. To put this into perspective, the average income of Blaisdon is £41,100.

This figure for average household income usually goes up alongside the percentage of people who have degrees.

However, this is not a hard and fast rule, there are many factors influencing the buying power of a population and hence the appreciation of housing and the number of houses for sale in the area. This can include the rental yields of the area and other demographic statistics like crime rate.

Nonetheless, it cannot be argued that those with degrees tend to live in more affluent areas as 82% of people who achieve a first in degree level education are owners of the place they live.

How much do people in Blaisdon 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 Blaisdon, the average income is £41,100. 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 20% to decide on what the demographics are like in the area.

What is the social grade score of Blaisdon?

In the city of Blaisdon 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 Blaisdon has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 20%.

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

Do the people of Blaisdon get to enjoy green space?

Whether you view green space in Blaisdon 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 Blaisdon, the number of acres of green space for every 1000 people currently is 7.6 which can be measured against the UK average of 1.7.

Are the people of Blaisdon deprived?

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 Blaisdon, in particular, the deprivation levels are 25%.

This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.

In general, do people commit a lot of crime in Blaisdon?

The crime rate of Blaisdon 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 60, 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 (60) is both useful and is recommended to be compared to the average.

In Blaisdon, how has the population changed?

The city of Blaisdon has a total population of 11,547. 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 Blaisdon 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 Blaisdon

Over time, in the last five years, the population of the city of Blaisdon has changed by 3%. 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 3% 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 Blaisdon?

In the last 10 years, there has been a shift in the population of 6%.

Comparing this to the 5 year figure of Blaisdon 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.

What’s the rental yield in general for the city of Blaisdon?

Are there new houses being built in Blaisdon to make it grow?

Whenever you are thinking about looking for houses for sale in Blaisdon, 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
Blaisdon growth rate no relevant data for this city 12% 23%

As the population of Blaisdon 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 Blaisdon to Gloucestershire and the broader suburb of the UK; South West.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Blaisdon no relevant data for this city no relevant data for this city no relevant data for this city 9.0%
Gloucestershire 3.43% £1,098 129.75% 16.64%
South West 3.57% £1,079 132.66% 17.35%

Let’s assume you want to sell the house you’re looking to buy in Blaisdon for profit in the future, in this case, looking at the data for the number of houses sold per month in Blaisdon would give you an idea of whether the area is actively getting new investors. This figure is 9.

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

There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Blaisdon. In Blaisdon, this sale price works out to be £252,246. As an example, a factor like population growth over the last 10 years which works out to be 6% in Blaisdon and impacts house prices of the houses for sale.

Housing category Total final sale price
Average sold price (detached) £305,379
Average sold price (semi-detached) £190,936
Average sold price (terraced) £177,291
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 Blaisdon. 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 £2,290
Average sold price/sqft (new build) £0
Average sold price/sqft (old stock) £2,170

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 Blaisdon which is £2,750. 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.

Asking price in Blaisdon for a house for sale

When investors make offers for houses for sale in Blaisdon, the average price asked by the homeowners works out to be £376,148.

In the table below, for all the different sizes of houses in the area, the average asking prices have been displayed. This tells you what kind of house is more or less expensive and sought after despite houses with fewer bedrooms being overall less expensive anyway.

Any house that looks like it is overpriced for the number of bedrooms it has in Blaisdon is typically not overpriced. It is just the case that that type of housing has a higher demand, therefore, people are willing to pay more.

Average price of houses for sale in Blaisdon

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £276,093
Average asking price (3 bed) £320,511
Average asking price (4 bed) £502,872
Average asking price (5 bed) no relevant data for this city

The tables should give you a generic view of what the prices of the houses for sale are like. To close things off in terms of the house asking price, the average asking price for the house for sale in the whole of Blaisdon is £3,210. This should show you the general prices overall and for individual types of houses too.

Get professional help on the houses for sale in Blaisdon

Invest in a house for sale that meets your demands

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

  • 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.

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

houses for sale in other cities in the UK

We have prepared a list of cities in South West, the same UK region of Blaisdon that can help you evaluate the different houses for sale listed in the region:

Alternatively, you can visit our webpage dedicated to houses for sale in the UK, houses for sale in the UK.

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