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

by | Nov 15, 2022

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

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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 Charlestown, Fife.

From the average asking price of houses for sale in Charlestown, to the growth of the population in the area, all will be talked about regarding the city of Charlestown. So you will get better clued up on the area, and make finding a house for sale in the UK easier.

Are there any important statistics about the population of Charlestown?

In the city of Charlestown, is there a lot of green space?

In the UK, there are a range of cities which have a lot of green space. In some cases, green space can get as high as 49% of outdoor land like in the city of Edinburgh. When specifically talking about Charlestown, the city has 12 per 1000 residents.

This can be compared to an average of 1.7 acres of green space per 1000 residents which is the UK’s national average. It is up to you to decide how much you’ll let the amount of green space impact your buying decision in Charlestown.

Is the city of Charlestown deprived?

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 Charlestown, 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.

What does the population of Charlestown look like?

In total, the number of people in Charlestown is 97284. 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 Charlestown, depending on where exactly you are.

How has Charlestown 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 Charlestown has changed by 2%. 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 2% 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 Charlestown?

4% 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 Charlestown 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 do people in Charlestown earn?

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 Charlestown, the average income is £38,900.00. 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.

In Charlestown, what is the social grade score?

In the city of Charlestown, the social grade score of the area is 17%. But what does this exactly mean? The figure refers to the proportion of people in the two highest categories of skilled jobs.

The categories are grouped from A to E shown in the table below. Overall, a high social grade score means there are more affluent people working in managerial and professional roles in the area.

This table shows the average breakdown of the UK in terms of where most people in the UK are working so you can compare it to the social grade score of Charlestown.

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

Is the crime rate bad in the city of Charlestown?

For every one thousand people living in Charlestown, 13700% 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 13700% 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.

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

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

Is the education level of Charlestown important when buying a house?

In the city of Charlestown, 22% 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 Charlestown is £38,900.00.

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

In Charlestown, what is the asking price in general for a house for sale?

Average prices for the houses for sale in Charlestown

Average asking price (1 bed) £130,584
Average asking price (2 bed) £190,317
Average asking price (3 bed) £244,923
Average asking price (4 bed) £360,293
Average asking price (5 bed) no relevant data for this city

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 Charlestown is £0. 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 Charlestown 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 £238,048.

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 Charlestown.

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

In today’s market with an abundance of homes available for sale, choosing the best house for sale can be challenging.
With several houses for sale to choose from, who will guide you through the process of choosing?
We have listed here below several experts and companies able to advise and support potential buyers.

The process of finding and investing in a house for sale can be lengthy and time-consuming, this is why we suggest you consult with the following professionals:

  • Banks – Lend you the cash
  • Insurance companies – Insure your new real estate investment
  • Conveyancer – handles all the legal labour that is needed to proceed in buying a house for sale.
  • Surveyor – Carries out an independent and complete property valuation of the house for sale
  • Mortgage advisor – If you are thinking to get a mortgage to get the finances needed to afford to buy a house for sale, a mortgage advisor is the person you should be looking for
  • EPC person – Always get a quote on the Energy Performance Certificate of the houses for sale listed in a certain city

houses for sale in other cities and regions in the UK

Below is a list of towns that differ from Charlestown.
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 Scotland:

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.

Finding the ideal house for sale for you

When browsing houses for sale in Charlestown 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 Charlestown?

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

Houses for sale, are sold on average in Charlestown, after the influence of these factors, at £191,780 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) £287,730
Aerage sold price (semi-detached) £202,357
Aerage sold price (terraced) £168,298
Aerage sold price (flat) £123,338

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

Housing category Sale price per square foot
Aerage sold price/sqft £2,175
Aerage sold price/sqft (new build) £2,080
Aerage sold price/sqft (old stock) £2,135

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 Charlestown is £2,175.

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

In Charlestown, what are the rental yields?

You may have heard of rental yield as being important for investors who wish to make a sizable profit on their rental properties. If this sounds like you and you’re looking to invest in a house currently for sale and collect rental income in Charlestown this statistic is what you were looking for.

Data should also be compared to the broader region of the UK (Scotland) alongside Fife then looked at with other statistics like the area’s rent and the turnover of sale of the houses in question. It could be that an investor prefers to make a profit on the sale of a house rather than the rental income and optimal properties for this investment varies throughout Charlestown.

This decision is made differently depending on the investor’s tolerance for risk, investing strategy, the location they’re investing in and their overall goal for buying a house currently listed for sale.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Charlestown £0 £889 £1 £0
Fife 3.80% £564.00 no relevant data for this city 63.00%
Scotland 0.05 871.42 £1 59.40%

As you observe table above, it could be valuable to contrast these figures with other pieces of data relevant to the process of buying like the crime rate or the appreciation of houses for sale in Charlestown.

As you can tell, the best conclusions are drawn when the buyer of a house for sale looks at all the data involved holistically and doesn’t make quick decisions based on one or two pieces of data. As an example, comparing the data with the number of property sold per month (33) will be useful.

Are there more or fewer houses being built in Charlestown?

Before committing to Charlestown to make a housing investment, an investor should always ask the question, what is the growth like in the area?

So take a look below at the growth patterns of the previous years displaying the percentage of new houses being built. This will help you understand how the number of houses for sale will evolve in the future.

1 year 3 years 5 years
Charlestown growth rate -2% 7% 10%

Whether housing growth actually changes the price of a house depends on if the city in question is outstripping demand with the supply of new housing. You’d have to do some more research on what rate Charlestown is building housing to find your answer.

Frequently Asked Questions

Do properties in Charlestown offer renovation potential?

Amidst the urban landscape of Charlestown, 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 7 and on the other hand, there is a planning success rate of 87%. It is also useful to take into consideration the population size of the area (97284).

How many property sales occur per month in Charlestown?

Charlestown boasts a monthly total of 33 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

In a city like Charlestown, what’s the yearly fluctuation in population?

To assess the shifts in Charlestown’s population over time, analyse how the population has altered. Look at the ten year change of population of 4%, alongside the five-year change of 2%.

What is the asking price for houses for sale in the wider region of Charlestown?

Currently, the mean asking price of a house in Charlestown is £0, calculated using the average value per square foot

Is purchasing a house in Charlestown considered a costly decision?

To assess the affordability of a property, locate a house for sale and contrast it with the mean selling prices. In Charlestown, the value is £191,780, whereas the UK’s mean is £286,500

Find an estate agent in the city of Charlestown

In order to buy a house in Charlestown you might need the service of an estate agent. To simplify the pain of looking for the nearest agent we have built a list of estate agents in your area, taking you straight to their website

Estate agent Email Contact number Address of agent
Roger McGhee Phone number only 441305248918 11 Frederick Place, Weymouth, DT4 8HQ
Austin Estate Agents Phone number only 441305248050 115 Dorchester Road, Weymouth, DT4 7JY
Wilson Tominey nan 441305248754 15 Westham Road, Weymouth, DT4 8NS
Austin Property Services Bryan Edmunds (bryan.edmunds@austinpropertyservices.co.uk);Ruth Edmunds (ruth.edmunds@austinpropertyservices.co.uk) 441305858470 115 Dorchester Road
Direct Moves Emma Hughes (emmahughes@directmoves.com) 441305259400 9 Westham Road

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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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