A guide on houses for sale in Bridgwater

Bridgwater might be an interesting area to invest in when looking for a house for sale in the UK as it is a unique area in the county of Somerset.
Before looking for a house for sale in the city of Bridgwater we strongly suggest landlords and real estate investors to research in detail and consider all involved factors. Indeed, house prices can change quite a bit depending on the square foot of the property, the number of rooms, the economic climate, the location of the house and more.

In this data heavy article the reader will be able to find out more on the topic and see the specific data to consider when evaluating different houses for sale in Bridgwater.

What are the asking prices for the houses for sale in the city of Bridgwater?

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 Bridgwater 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 £257,039.

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 Bridgwater.

In the city of Bridgwater, what is the average asking price for the houses for sale?

After looking at this table about prices of houses for sale in Bridgwater, someone who is buying a home would have a detailed understanding of what kind of house for sale is available on the market that best suits the amount of money they are looking to invest. Also, using a more general figure like the average asking price per square foot of a property which is £0 will help them to have a more holistic understanding.

Professional advice for houses for sale in Bridgwater

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 and regions in the UK

We have prepared a list of cities that are entirely dissimilar to the region of South West, perfect if you are looking for somewhere similar to Bridgwater but want to relocate to a different region entirely. You should then be able to evaluate the different houses for sale listed in the region:

• aspley in South West
• avon-dassett in South West
• cardiff in South West
• adeney in South West
• all-cannings in South West

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

In general, for the city of Bridgwater, what are the final purchase prices for the houses for sale?

As well as looking at the asking price for house for sale in Bridgwater, 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 Bridgwater.

Houses for sale, are sold on average in Bridgwater, after the influence of these factors, at £192,251 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 9% over the last 10 years.

This table above shows the average sale price for each variation of houses for sale in Bridgwater.

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 Bridgwater is £2,220.

This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.

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

In Bridgwater, 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 Bridgwater at 1 year, 3 year and 5 year intervals:

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 Bridgwater 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 Bridgwater.

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Bridgwater, currently, £0 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 and how much you can charge for rent in your ast (assured tenancy shorthold).

Finding the ideal house for sale for you

Many criteria impact the price of houses for sale in Bridgwater.
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 kind of demographics does the city of Bridgwater have?

In Bridgwater, how educated are people in general?

In the city of Bridgwater, 16% 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 Bridgwater is £37,000.00.

This should correspond with the average percentage of people in the UK who have degrees at 22.6%.

Do the people of Bridgwater 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 Bridgwater, 7 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 Bridgwater.

Are the deprivation levels of the UK any different to Bridgwater?

Deprivation of a city is defined as the number of people who are considered to not be earning enough to sustain their lifestyle. The UK average of deprivation nationwide is 33% so comparing the figure of £0 for Bridgwater should give you a nice idea of the deprivation in the area.

What is the population of Bridgwater?

Population growth in Bridgwater is important to know if there is housing demand and the total population may also be looked at as large populations commonly have a lot of buyer demand.

In Bridgwater, 46070 people live in the city as their main place of residence.

It is important to note that it is not the case that everyone likes a large population to live in. People who tend to prefer a more relaxed life are more likely to buy or rent somewhere to live that has a small population and perhaps also wouldn’t mind if the population isn’t growing.

Other people also like to have a mix of both. Where they can visit rural areas and also benefit from the amenities of a busy city.

In Bridgwater in the previous five years, have population numbers transformed?

Five years may seem like a long time but it is rare for a city to grow that much unless there is dramatic population growth. In Bridgwater, this change has been 3%. Read more here

Someone who wishes to find out how this change has occurred over a longer period of time may also wish to read the headings below and see if the change has continued throughout the past decade too. Or if the change is only true for the more recent figure for five years of 3%. Click here to know more on the UK population trends.

Over the last decade, how has the population differed in Bridgwater?

Populations change all the time but if there is a clear change in population in the last ten years this is even more reliable data about the population of the area as opposed to five. This adjustment in population works out to be 9% in Bridgwater.

What this statistic is like in comparison to the population change in five years should provide you with a comprehensive understanding of what direction the population is heading in.

In recent years because of the pandemic, it is common to see dramatic differences in the population change in the last five years when comparing it to ten as people realise they can work from home but still keep the current jobs they have.

This means they can move to cities they wouldn’t have considered otherwise and be location-independent of their source of income. Perhaps making a longer commute into the office every week for example.

What’s the crime rate in Bridgwater?

For the city of Bridgwater, crime rate is at 15500%. So for every 1000 people in the area, 15500% commit a crime which is prosecuted. Paying close attention to this figure of crime rate is not only important for the value of a house but also to calculate the maintenance cost of owning a house and how attractive an area can be for future buyers.

So, compare it to the nationwide average of 79.52 per 1000 people and consider if you are happy with this figure based on the price you’re paying for a house you’re interested in.

On top of this, houses that are in areas where there is a high crime rate tend to have to pay higher insurance rates, costing a homeowner in the long term.

Additionally, paying for further security on a house such as CCTV or potentially gates and fences that deter thieves may be necessary for an area with a high crime rate.

What is a social grade score and how does this relate to Bridgwater?

Most of the time, the social grade score of a city is what it takes to determine what the economic levels are like as this score refers to what type of jobs the people of the area generally work as. So, from highly skilled, managerial roles, to the manual labour workers of the UK, how does Bridgwater compare?

At the highest end of the scale (A) jobs that are managerial administrative or professional are all lumped into this category. On the other hand, there is the lowest grade (E) where workers who are on benefits, state pensions or work casual jobs fall into.

In Bridgwater, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 12%.

So you can compare this data, here is the estimated grouping of the social grades of the UK for the general population. Adding the two highest categories of A and B and comparing this percentage to the high social grade score which combines A and B should give you a good comparison.

How much are those living in Bridgwater earning?

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 Bridgwater, the average income is £37,000.00. 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 12% to decide on what the demographics are like in the area.

Bridgwater in the county of Somerset is notable for its specific demographics and has individual characteristics.

For localised cities and the bigger areas of the UK there are wide variations in the demographics that shape an area so the same is also true for the wider region Bridgwater is located in; South West.

Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Bridgwater, what the social grade score of the city is like and if the green space matches the recommended levels people living in the UK should have.

Frequently Asked Questions (FAQ)

Is it possible to renovate a property in Bridgwater?

Bridgwater is likely to be a great place for revamping property if there is a lot of greenlit planning permission. The are 9 each month, attaining a success rate of nan and a total population of 46070. You can find out if this is above or below similar areas in the UK by comparing it to a nearby place

What is the monthly count of property transactions in Bridgwater?

The city of Bridgwater sees around 26 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 year-over-year population change in Bridgwater or similar cities?

To assess the shifts in Bridgwater’s population over time, analyse how the population has altered. Look at the ten year change of population of 9%, alongside the five-year change of 3%.

How much are houses for sale priced at in the extended region of Bridgwater?

The average cost per square foot for a house in Bridgwater is presently £0.

Is investing in a house for sale in Bridgwater a financially demanding choice?

To assess the affordability of a property, locate a house for sale and contrast it with the mean selling prices. In Bridgwater, the value is £192,251, whereas the UK’s mean is £286,500