Whenever looking for a house for sale in the UK or in Bradford Leigh, it is vital you look at the market trends and house price fluctuations in the wider area of Wiltshire 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 Bradford Leigh.
In this article, we will be looking at the city of Bradford Leigh 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 Bradford Leigh?
In Bradford Leigh, what is the social grade score?
In the city of Bradford Leigh 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 Bradford Leigh has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 40%.
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 |
What does the population of Bradford Leigh look like?
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 Bradford Leigh is 12,995.
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 Bradford Leigh.
In Bradford Leigh, 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 Bradford Leigh 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.
Bradford Leigh population difference over 10 years?
The population has adjusted in the area of Bradford Leigh 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 Bradford Leigh.
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 the city of Bradford Leigh, is there a lot of green space?
There are cities in the UK such as Edinburgh and Bristol that have a higher percentages of green space with Edinburgh being the most at 49%. The city of Bradford Leigh currently has 41.2 for every 1000 residents.
Green space helps the quality of people’s mental health as well as fight against diseases like obesity. As studies have shown that the proximity of people to green spaces in the UK has a positive impact on the physical health of people in the UK and Bradford Leigh in this case.
Is the city of Bradford Leigh deprived?
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Bradford Leigh, currently, 16% 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.
Located in Wiltshire is the city of Bradford Leigh, in a large part of the UK; South West. 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 Bradford Leigh 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 Bradford Leigh 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.
What salary does the community in Bradford Leigh take home?
While not always the case, the amount people earn can be associated with better schools in the area and perhaps a nicer environment to live in.
£47,600 is the average household income of the area. And the higher this figure is the more likely it is that there is a higher percentage of people with a social grade score in the A or B categories which is 40% for Bradford Leigh.
Is the crime rate bad in the city of Bradford Leigh?
For every one thousand people living in Bradford Leigh, 51 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 51 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.
Is the education level of Bradford Leigh important when buying a house?
In Bradford Leigh, the proportion of people who have a degree is 44%. 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 Bradford Leigh is £47,600.
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.
Always consider average rental yield when searching for houses for sale in Bradford Leigh
Are there new houses being built in Bradford Leigh to make it grow?
The growth of an area like Bradford Leigh can be a great indicator of a thriving city and the influx of new people can drive demand for housing and help appreciate the value of your house after you buy it.
Paying attention to the table below tells you how the number of houses has changed over time at one year, three year and five year intervals.
| 1 year | 3 years | 5 years | |
|---|---|---|---|
| Bradford Leigh growth rate | 13% | 20% | 27% |
Despite the number of houses being built rising, this may not indicate that the housing price of the houses for sale is going up. It could be the case that there are a lot of new builds in the area which are causing the supply of the houses for sale to match demand and this could cause a decline in house price as time goes on.
Make sure you do your own research specific to the city of Bradford Leigh if you want to find out the exact reasons for the housing change.
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 Bradford Leigh.
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 (Wiltshire) as well as the broader region; South West.
| Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
|---|---|---|---|---|
| Bradford Leigh | no relevant data for this city | no relevant data for this city | no relevant data for this city | 15.0% |
| Wiltshire | 3.55% | £1,010 | 140.00% | 20.50% |
| South West | 3.57% | £1,079 | 132.66% | 17.35% |
Also, you can compare other data to the table above such as the number of houses sold per month in Bradford Leigh which is 9 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 Bradford Leigh is to invest in. Both in terms of rental yield and capital appreciation.
What is the asking price on average of houses for sale in Bradford Leigh?
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 Bradford Leigh 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 £469,472.
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 Bradford Leigh.
In the city of Bradford Leigh, what is the average asking price for the houses for sale?
| Average asking price (1 bed) | no relevant data for this city |
| Average asking price (2 bed) | £338,222 |
| Average asking price (3 bed) | £419,250 |
| Average asking price (4 bed) | £711,902 |
| Average asking price (5 bed) | no relevant data for this city |
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 £0. 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 Bradford Leigh has a lack of supply of housing in certain categories.
In general, for the city of Bradford Leigh, what are the final purchase prices for the houses for sale?
In Bradford Leigh, the average sale price of a house for sale is in fact £386,812. This is dependent on the 10 year population growth of Bradford Leigh being 7%. Growing populations are more likely to inflate the prices of houses for sale in the city of Bradford Leigh.
| Housing category | Total final sale price |
|---|---|
| Aerage sold price (detached) | £532,572 |
| Aerage sold price (semi-detached) | £359,338 |
| Aerage sold price (terraced) | £348,786 |
| Aerage sold price (flat) | £225,180 |
The list below is able to inform you of what these prices are. Giving you an accurate estimate of whether a landlord is likely to accept your offer based on the prices of the houses for sale in Bradford Leigh.
| Housing category | Sale price per square foot |
|---|---|
| Aerage sold price/sqft | £3,620 |
| Aerage sold price/sqft (new build) | £3,740 |
| Aerage sold price/sqft (old stock) | £3,570 |
Evidently, certain types of houses for sale will have different types of demand and this will be reflected on the final price.
On average, the cost of a house for sale per square foot works out to be £3,620. This means if you are just looking out the houses sold in Bradford Leigh in general and didn’t take into consideration the type of build. For example, a new build.
Professional advice for houses for sale in Bradford Leigh
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.
A house for sale that is right for you
Many criteria impact the price of houses for sale in Bradford Leigh.
Here below are the most important ones according to Lofti’s expertise:
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Affordability – (see what house for sale can you afford?)
A guide from the UK government
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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.
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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
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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
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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.
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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
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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
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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.
Are you considering other cities with houses for sale?
Examine this short list of cities belonging to South West, the same region where Bradford Leigh is located.
- Awliscombe in South West
- Alcombe in South West
- Abbotts-Ann in South West
- Delabole in South West
- Brill in South West
If none of these is of your interest, we suggest you visit our landing page with all data related to the houses for sale in the UK.
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