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How much will you pay for a house for sale in Birtley?

by | Nov 15, 2022

Home $ House for sale in the UK $ How much will you pay for a house for sale in Birtley?

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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 Birtley, Durham.

From the average asking price of houses for sale in Birtley, to the growth of the population in the area, all will be talked about regarding the city of Birtley. 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 Birtley?

On average, in Birtley, the asking price for a house for sale in the area is £164,070.

The below table puts this figure into perspective as you can see the various average sale prices of the different type of houses for sale in Birtley. From a 1 bedroom house up to a 5 bedroom house.

As you can imagine, as the price goes up, the size of a room also goes up and in general, the larger a house is, the more you can expect the sale price to be as well.

In the city of Birtley, 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) £108,141
Average asking price (3 bed) £171,105
Average asking price (4 bed) £299,047
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 Birtley 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 £0 should also give you an overview of what the asking price for houses for sale are in general.

A house for sale that is right for you

When browsing houses for sale in Birtley you should think about lots of different criteria:

  • House for sale affordability – visit the dedicated page of the UK government to understand (see what you can afford)

  • Location of the house for sale – the region and town you are considering to live in are crucial factors to consider before looking for houses for sale. In this article, we define lots of demographic factors that should help you make a decision.

  • House for sale transport links – even if working from home is becoming more and more predominant, we suggest you check the transport links the house for sale has.

  • Number of bedrooms in the house for sale – are you looking for houses for sale for the whole family or are you single? Always think about how many bedrooms you need and if that number might change in the future

  • energy performance of the house for sale – What is the EPC of the house for sale? Today more than ever, is important that you check the EPC rating of the real estate assets available for sale on the market.

  • Internet speed in the area of the house for sale – it is important to remember that internet speed is a consequence of two factors: your plan and the infrastructure available in the area. Always check these parameters before looking for houses for sale. Especially if you are renting the property as this will impact your business costs. Whether that be in an excluded tenancy agreement or a more common, assured shorthold tenancy.

  • Does the house for sale have parking – if yes, is it on-street or is the house for sale equipped with a garage?

  • Houses for sale in conservation areas – always check the National Heritage list. If a house for sale is part of this list it means that it might be impossible for you to make changes to the property’s internal and external structure.

  • 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.

In general, what do houses for sale sell for in Birtley?

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

Houses for sale, are sold on average in Birtley, after the influence of these factors, at £150,484 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 4% over the last 10 years.

Housing category Total final sale price
Aerage sold price (detached) £245,811
Aerage sold price (semi-detached) £152,334
Aerage sold price (terraced) £101,695
Aerage sold price (flat) £76,865

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

Housing category Sale price per square foot
Aerage sold price/sqft £1,615
Aerage sold price/sqft (new build) £2,000
Aerage sold price/sqft (old stock) £1,500

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 Birtley is £1,615.

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

Are you considering other cities with houses for sale?

We have prepared a list of cities that are entirely dissimilar to the region of North East, perfect if you are looking for somewhere similar to Birtley 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:

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

Are there any important statistics about the population of Birtley?

In the city of Birtley, has the population grown or shrunk?

Population growth in Birtley 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 Birtley, 56377 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 Birtley 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 Birtley, 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 Birtley?

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 4% in Birtley.

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.

Located in Durham is the city of Birtley, in a large part of the UK; North East. 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 Birtley 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 Birtley 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.

How much do people in Birtley 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 £36,500.00.

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 Birtley this figure is 0.18.

For the city of Birtley, what is the education level?

Interestingly, the percentage of people who have a degree in the city of Birtley is 22%. Most of the time, the more people that have a degree, the higher the average household income and the more likely someone is to be able to afford to purchase a house. For example, the average income of the citizens in the area of Birtley is £36,500.00.

Generally, areas with high numbers of people with a degree are also areas with more people likely to be home owners and therefore the value of houses and relative prices of the houses for sale are more likely to go up too.

Nonetheless, making predictions about the appreciation of a house also has to be considered alongside other factors like population growth and the rental yields of the area.

However, most of the time, being educated is a good indication of affluence with 82% of people graded a first in tertiary education going on to eventually own a house.

In Birtley, what is the crime rate?

For every one thousand people living in Birtley, 102 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 102 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.

What is the social grade score of Birtley?

The social grade score is a good indicator of what type of jobs people generally work in the area. Whether that be working in the primary sector, secondary sector, tertiary sector or maybe the quaternary sector of jobs.

The scale is slightly different to this though on a scale of A to E. A refers to people who are in the most skilled, managerial roles whereas E include people such as casual workers.

In Birtley, the percentage of people in the two highest categories, A and B is 0.18. This figure includes people who are therefore most likely to be more skilled and have higher paid jobs.

When contrasting these figures, the average household income for the area is £36,500.00. This income will generally get bigger as the percentage of people in the A and B categories go up too (0.18).

In Birtley, 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 Birtley, 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.

In the city of Birtley, how much green space remains for residents?

In the city of Birtley, there are 15 acres of green space per 1000 residents.

The charity, ‘Fields in Trusts’ recommends a minimum of 6 acres of green space per 1000 people so it is easy to see where Birtley is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.

In Birtley, what are the rental yields?

Let’s consider that you’re not looking to buy a house for sale to live in for the long term future such as if you changed location with your family and want to settle down and you want to find somewhere to buy as an investor in Birtley. If this is the case, rental yield is a crucial statistic to consider.

If looking to invest, you should also consider other data about the area. The average rental income, the turnover of the sale of the house and what the net rental yields are like for the area do also have an impact on the final price of houses for sale in Birtley.

It is clear to see from the table below that there is a difference between all of these pieces of information and how they can be compared and contrasted on a county level (Durham), a regional level (North East) and finally on the level of the city talked about in this article, Birtley.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Birtley £0 £614 no relevant data for this city £0
Durham 4.93% £607.25 132.62% 16.57%
North East 0.05 757.25 £1 19.25%

You may also find it useful to compare the data above to the number of properties sold per month Birtley experiences. This figure for house sales per month is 25. Looking at all this information holistically is what a smart investor should do when deciding on the right area for investment before looking for houses for sale.

In Birtley, how has the number of houses changed?

Whenever you are thinking about looking for houses for sale in Birtley, 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
Birtley growth rate -3% 3% 6%

As the population of Birtley 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.

Get professional help on the houses for sale in Birtley

Nowadays, there are so many properties on the real estate market that it can be difficult to decide which one is the best house for sale for you.
So, who can help you navigate the process of choosing a house for sale?
The number of professionals that offer real estate investors advice and assistance is broad and when it comes to dealing with houses for sale, the process can be complex.

Find here a list of those that can help when buying a house for sale:

  • Moneylender – lends you the sum of money you need to buy the house for sale you are looking for
  • Insurance agent – A firm that provides several insurances and protections for the house for sale that might become your future house
  • Solicitor – A person or company that will sort out the legal work needed before buying a house for sale
  • Civil engineer – Also called surveyor, he or she will provide you with an independent valuation of the house for sale you are willing to buy
  • Mortgage advisor – Realistically, you will need a mortgage in order to afford to buy a house for sale. Mortgage advisors will guide you and propose the best mortgage deals based on your financial records
  • EPC specialist – Especially nowadays, getting professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering buying is crucial

FAQ

If you are a landlord, should you renovate a property in the city of Birtley?

Birtley is likely to be a great place for revamping property if there is a lot of greenlit planning permission. The are 6 each month, attaining a success rate of nan and a total population of 56377. You can find out if this is above or below similar areas in the UK by comparing it to a nearby place

In Birtley, how many property sales per month are there?

Birtley boasts a monthly total of 25 property transactions, while the entire UK witnesses approximately 1.1 million property sales. You can visit our pages that give information on houses for sale based on Rightmove data from the same region using the link

What’s the year-over-year population change in Birtley or similar cities?

To work out how the population of Birtley has changed over time, you can look at the population change over a decade which is 4% and the change in a five year period two which falls at 3%. Compare the two and look at the population growth or decline in recent times to really make sure you have a good understanding of the population

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

The current average price per square foot for a house in Birtley stands at £0, considering the mean cost for each square foot of houses for sale there.

Does opting for a house for sale in Birtley 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 Birtley this number is £150,484 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

Buying a home in Birtley? Find trusted estate agents below

Purchasing property in Birtley can be a complex process. Having the right real estate agent to guide you makes all the difference. We understand how stressful and time-consuming finding an agent can be so we have provided all of the most relevent agents and their contact details below in our convenient table.

Estate agent Email Contact number Address of agent
BeeMyHome Vicky Milligan (vicky@beemyhome.co.uk);Victoria Valentine (victoria@beemyhome.co.uk) 441913897299 3-9 Front Street
N S Bennett & Associates Stephen Bennett (stephen@nsbennett.co.uk) 441207236333 1 BRIDGE END
Venture Properties nan 441913920884 16a North Burns, Chester Le Street, DH3 3TF
Copeland Residential Phone number only 441915118113 5 Ashfield Terrace, Chester Le Street, DH3 3PD
Market Place Properties Phone number only 441913920358 Market Place Properties, Bridge End, Chester-Le-Street, Durham, DH3 3RA

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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