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What is it like buying a house in Boothville?

by | Nov 15, 2022

Home $ House for sale in the UK $ What is it like buying a house in Boothville?

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

Why you should consider the average rental yield when searching for houses for sale in Boothville

Is the housing market in Boothville growing?

Whenever you are thinking about looking for houses for sale in Boothville, 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
Boothville growth rate 2% 16% 29%

As the population of Boothville 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.

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 Boothville.

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 (Northamptonshire) as well as the broader region; West Midlands.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Boothville 4.2% £1,021 140% 25.0%
Northamptonshire 3.73% £983 126.92% 19.22%
West Midlands 3.89% £877 119.29% 20.00%

Also, you can compare other data to the table above such as the number of houses sold per month in Boothville which is 55 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 Boothville is to invest in. Both in terms of rental yield and capital appreciation.

What is the final sale price of a house in Boothville?

In Boothville, the average sale price of a house for sale is in fact £237,966. This is dependent on the 10 year population growth of Boothville being no relevant data for this city. Growing populations are more likely to inflate the prices of houses for sale in the city of Boothville.

Housing category Total final sale price
Aerage sold price (detached) £330,437
Aerage sold price (semi-detached) £222,304
Aerage sold price (terraced) £175,256
Aerage sold price (flat) £129,664

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 Boothville.

Housing category Sale price per square foot
Aerage sold price/sqft £2,580
Aerage sold price/sqft (new build) £2,860
Aerage sold price/sqft (old stock) £2,440

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 £2,790. This means if you are just looking out the houses sold in Boothville in general and didn’t take into consideration the type of build. For example, a new build.

Are there any important statistics about the population of Boothville?

What’s the crime rate in Boothville?

For every one thousand people living in Boothville, 118 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 118 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 Boothville important when buying a house?

Interestingly, the percentage of people who have a degree in the city of Boothville is 21%. 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 Boothville is £40,100.

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 Boothville, what are the deprivation levels like?

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Boothville, currently, 25% 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.

How much do people in Boothville earn?

Typically, as people earn more money, the more they are able to afford and the better house prices in the area because demand goes up. You could also infer that the amenities such as schools, parks and public areas are generally of high quality as a result.

For these reasons, it could be argued that areas where people earn more money are generally nicer arrears to live in which also attracts more people as a result and further drives up house prices in the area.

To see if this phenomenon occurs in Boothville. Compare the area’s average household income of £40,100 to the average household income in the UK at price34,000. Adding to this, compare it with the figure for the highest social grade score too at 17% for more conclusive data on the affluence of the area.

What’s a social grade score and how does it relate to Boothville?

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 Boothville 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 Boothville, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 17%.

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.

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

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

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

What does the population of Boothville look like?

In total, the number of people in Boothville is 68,971. This figure can be used to estimate the appreciation of the houses but it is also important you look at the population growth figure in order to make this more accurate.

Whether a large population benefits you as a landlord is dependent on what you want from a home. A large population is great if you have children who prefer the bustle of crowds in cities but there are also those who purposely want to buy somewhere rural.

You may also be able to find a balance of both where there are shops, restaurants and entertainment and also rural areas all within a short distance which may be the case ni Boothville, depending on where exactly you are.

How has Boothville changed in the past five years?

Five years provides enough time for a city to grow dramatically. It may be the case that the population grows or shrinks but the city of Boothville has changed by no relevant data for this city. Read more here

It is also helpful to compare this data to a longer time period like 10 years like in the below subheading. If the population trend of growth or decline has been there for a longer period of time you’ll be able to tell if no relevant data for this city is a recent change or not.
Click here to know more on the UK population trends.

In the last decade, what is the difference in population in Boothville?

no relevant data for this city has been the population growth change in the past 10 years.

Usually, this is more of a conservative figure compared to the five year change of a city.

Industrial changes can also be the reason for this shift but it could also be due to immigration or emigration. Bringing people in or out of the area.

The recent global pandemic has also shifted the number of people living in cities as people realise they can now work remotely. It may be that the people of a Boothville have seen a more desirable way of working, moving to make themselves more comfortable in their careers.

For example, the population of the South west of England has seen a massive increase in population because workers want to move there to benefit from the slightly better weather, lower house prices and also the rural area. Nonetheless, they can also benefit from travelling to the capital city of the UK, London.

How much green space is available to residents of Boothville?

In the city of Boothville, there are 6.8 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 Boothville is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.

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

As you go ahead and make offers on a house for sale, it is sometimes best to know what other people are offering for the same type of house for sale so you know what to offer yourself to get a good deal. So you should know, the average asking price of Boothville is £292,089.

Even though the asking price is not what the eventual price the house is sold at, making a note of the averages for the city of Boothville is useful when negotiating and knowing what to expect for every type of house for sale.

The average asking price for the houses for sale in the city of Boothville

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £221,397
Average asking price (3 bed) £273,473
Average asking price (4 bed) £409,668
Average asking price (5 bed) £618,250

Reading the table above should therefore give you a good idea of the type of house for sale that is within your budget in Boothville 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 £3,000 should also give you an overview of what the asking price for houses for sale are in general.

Invest in houses for sale in Boothville with the right professional advice

houses for sale in other cities in the UK

You can assess the various houses for sale offered in the area by consulting this list of cities in West Midlands, the same UK region as Boothville:

You may also refer to our landing page specific to UK houses for sale, houses for sale in the UK

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

Choose the right house for sale that suits your needs

What parameters impact the final price of a house for sale in Boothville?
Here below is our list with the most important ones:

  • House for sale affordability – check out the (see house affordability guide)

    on the UK gov website to know more

  • House Location – the actual location of a house for sale drastically changes the final price of a property

  • Transports you can reach by foot – Commuting is part of our lives, especially in big cities, check it out before buying a house for sale.

  • Number of bedrooms – Usually, the bigger the house for sale the more bedrooms it will have. For example, if you are a single person (or a couple) one bedroom will do.

  • Energy Performance Certificate of the house for sale – Bad EPCs can result in thousands of pounds more in bills you will have to pay on an annual basis. Consider this when purchasing a new property.

  • Internet connection – Having a quick internet connection is fundamental nowadays. Check the area of the house for sale to understand what the average internet speed is and see if it fits your needs

  • Do you drive to the office? – If yes, ask about parking. Is it included in the house price?

  • Special areas – Start by taking a look at the National Heritage list by the UK government. If a house listed for sale appears in the list, the future landlord won’t be able to invest in changes to the real estate asset.

  • Houses for sale Conditions – When looking for houses for sale you should always consider the amount of time and money you will have to invest to complete the needed repairs, if any at all.

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