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 Boothville, Northamptonshire.
From the average asking price of houses for sale in Boothville, to the growth of the population in the area, all will be talked about regarding the city of Boothville. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
In Boothville, what are the rental yields?
Assuming you are not looking for a house for sale in a certain area because of private reasons such as being close to a family member or you have been relocated to a new office, these are some of the factors to consider in order to understand if an investment is worth your money.
Investors typically look at data such as the average rental yield, the average asking price of rent per month, rent turnover and sale turnover. These KPIs give property investors a solid idea of how the market is performing in that area.
For the city of Boothville, the below table demonstrates this well. To make things simple, it compares these numbers to the wider region of the UK; West Midlands. As well as Northamptonshire, to give a smaller scale area to compare the data to.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
Assuming that in the future you want to re-sell the house you will eventually purchased in Boothville you might be interested in the number of sales per month (40) that happen in the local housing market. Comparing this figure for Boothville with the above table gives you a good understanding of the profitability of the area.
In Boothville, how has the number of houses changed?
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.
Finding the ideal house for sale for you
Find here below a list of criteria that we suggest you consider before looking for houses for sale in Boothville
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.
Professional advice for houses for sale in Boothville
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
What is the final sale price of a house in Boothville?
There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Boothville. In Boothville, this sale price works out to be £237,966. As an example, a factor like population growth over the last 10 years which works out to be no relevant data for this city in Boothville and impacts house prices of the houses for sale.
|Housing category||Total final sale price|
|Average sold price (detached)||£330,437|
|Average sold price (semi-detached)||£222,304|
|Average sold price (terraced)||£175,256|
|Average sold price (flat)||£129,664|
Above, the exact type of house is also shown to vary in price in a table in Boothville. 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||£2,580|
|Average sold price/sqft (new build)||£2,860|
|Average sold price/sqft (old stock)||£2,440|
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 Boothville which is £2,790. 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.
On average, what is the figure for the asking price of a house for sale in Boothville?
In the city of Boothville, 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)||£221,397|
|Average asking price (3 bed)||£273,473|
|Average asking price (4 bed)||£409,668|
|Average asking price (5 bed)||£618,250|
The tables should give you a generic view of what the prices of the houses for sale are like. To close things off, the average asking price for the house for sale in the whole of Boothville is £3,000. This should show you the general prices overall and for individual types of houses too.
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 Boothville 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 £292,089.
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 Boothville.
What are the demographics like in the city of Boothville?
How much are those living in Boothville 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 Boothville, the average income is £40,100.00. 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 17% to decide on what the demographics are like in the area.
Is the crime rate bad in the city of Boothville?
The crime rate of Boothville 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 11800%, 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 (11800%) is both useful and is recommended to be compared to the average.
In the city of Boothville, how much green space remains for residents?
In the city of Boothville, there are 7 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.
Boothville in the county of Northamptonshire 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 Boothville is located in; West Midlands.
Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Boothville, 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.
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|
What is the education level like in Boothville?
In the city of Boothville, 21% 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 Boothville is £40,100.00.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
In the city of Boothville, has the population grown or shrunk?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Boothville if 68971 and in the below heading how this population has changed will be broken down.
Like most data to do with houses, all data has to be considered holistically with multiple variables to determine if the population growth actually impacts the statistics that matter to you as a landlord in Boothville such as rental yield or house appreciation.
How has the population size of Boothville adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Boothville by no relevant data for this city. Analysing this figure is a great way to tell if there is new demand for housing or not as a decreasing figure reduces the number of people who want to buy houses. Read more here
To compare this figure over a greater period of time, you could look at the figure for the 1 year population too and compare them. This way you can see if the population has changed recently or if this no relevant data for this city change has historically occurred before. Click here to know more on the UK population trends.
Over the last 10 years, how has the population size adjusted in Boothville?
In the last decade, the population of Boothville has been adjusted by no relevant data for this city. This growth may be as a result of factors like new industries employing people or emigration and immigration balancing out to create this population change.
A precedent that shows population change in this way over decades is the region of Greater London. The capital city has grown by 27% in the past 20 years. Population growth has caused house prices to go up to price523,666 on average.
In Boothville, 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 Boothville, 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.
House for sale in a different UK region
Below is a list of towns that differ from Boothville.
Going over these locations will help you evaluate the different houses for sale across the UK. Whether that be in the same or a very different region to West Midlands:
- belford in West Midlands
- paisley in West Midlands
- began in West Midlands
- herston in West Midlands
- barrmill in West Midlands
If you are interested in other cities or even regions of the UK, please visit the following page for more information:houses for sale in the UK it contains all the data related to the houses for sale in our nation.
Are there opportunities for property renovation in Boothville?
Amidst the urban landscape of Boothville, an intriguing figure for determining if a property can be renovated is the success of planning permission. The monthly total of planning applications in the area is 19 and on the other hand, there is a planning success rate of nan. It is also useful to take into consideration the population size of the area (68971).
How many property sales occur per month in Boothville?
In the city of Boothville, there are 40 and in the total for the UK, there are around 1.1 million property sales.
What’s the annual population shift in a city such as Boothville?
For a comprehensive analysis of Boothville’s population trends, observe the population fluctuation over a decade, indicated by no relevant data for this city, and the five-year alteration represented by no relevant data for this city. Perhaps also look at data from another nearby city too so you can see a comparison.
In the larger vicinity of Boothville, what is the cost of houses available for sale?
Currently, the mean asking price of a house in Boothville is £3,000, calculated using the average value per square foot
Is a house for sale in Boothville an expensive choice?
Calculate if a property is on the pricier side by matching a listed house for sale against the mean selling prices. In Boothville, this value is £237,966, compared to the UK’s average of £286,500.