Contents
- 1 We help you find the right agent
- 2 Always consider average rental yield when searching for houses for sale in Biggar
- 3 In general, what do houses for sale sell for in Biggar?
- 4 Who can help you buy a house for sale in Biggar?
- 5 In Biggar, what is the asking price in general for a house for sale?
- 6 What kind of demographics does the city of Biggar have?
- 7 A house for sale appropriate to your needs
- 8 houses for sale in other cities and regions in the UK
- 9 FAQ (Frequently Asked Questions)
We help you find the right agent
At lofti we want to simplify your life and help you buy, sell or rent your property. We have assembled all the agent in Biggar to help you find the perfect agent for you
Biggar can be a tough place to find accurate information like any city in the UK. Read on to learn about which data to stay on top of when looking at house for sale in Biggar.
On top of this, keep reading for detailed information on the demographics of Biggar in Cumbria. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.
Always consider average rental yield when searching for houses for sale in Biggar
Are there new houses being built in Biggar to make it grow?
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 Biggar at 1 year, 3 year and 5 year intervals:
1 year | 3 years | 5 years | |
---|---|---|---|
Biggar growth rate | -6% | 8% | 13% |
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 Biggar 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 Biggar.
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. This is why it is common for landlords to increase rent using section 13, to maximise this yield, as it is so important.
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 into all the details of Biggar.
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 (Cumbria) as well as the broader region; North West.
Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
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Biggar | £0 | £616 | no relevant data for this city | £0 |
Cumbria | 4.20% | £674.29 | 116.50% | 17.79% |
North West | 0.04 | 807.60 | £1 | 20.19% |
Also, you can compare other data to the table above such as the number of houses sold per month in Biggar which is 36 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 Biggar is to invest in. Both in terms of rental yield and capital appreciation.
In general, what do houses for sale sell for in Biggar?
There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Biggar. In Biggar, this sale price works out to be £117,109. As an example, a factor like population growth over the last 10 years which works out to be -4% in Biggar and impacts house prices of the houses for sale.
Housing category | Total final sale price |
---|---|
Average sold price (detached) | £275,573 |
Average sold price (semi-detached) | £165,858 |
Average sold price (terraced) | £90,419 |
Average sold price (flat) | £58,047 |
Above, the exact type of house is also shown to vary in price in a table in Biggar. 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 | £1,290 |
Average sold price/sqft (new build) | £1,980 |
Average sold price/sqft (old stock) | £1,240 |
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 Biggar which is £1,290. 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.
Who can help you buy a house for sale in Biggar?
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
In Biggar, what is the asking price in general for a house for sale?
The average asking price for the houses for sale in the city of Biggar
Average asking price (1 bed) | no relevant data for this city |
Average asking price (2 bed) | £91,128 |
Average asking price (3 bed) | £161,537 |
Average asking price (4 bed) | £205,303 |
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 Biggar is £0. This should show you the general prices overall and for individual types of houses too.
On average, in Biggar, the asking price for a house for sale in the area is £129,945.
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 Biggar. 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.
What kind of demographics does the city of Biggar have?
What salary does the community in Biggar take home?
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 Biggar, the average income is £34,400.00. 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 14% to decide on what the demographics are like in the area.
Are the deprivation levels of the UK any different to Biggar?
Deprivation levels refer to the ability of the population of the city to earn enough to keep their lifestyle going. Nationwide, it is thought that the number of people at this level or not being able to meet the costs of living is around 33%. In comparison, the deprivation level of Biggar is £0.
What is the population of Biggar?
Population growth in Biggar 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 Biggar, 38236 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 Biggar 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 Biggar, this change has been -1%. 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 -1%. Click here to know more on the UK population trends.
Over the last decade, how has the population differed in Biggar?
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 Biggar.
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.
Do the people of Biggar 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 Biggar, 16 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 Biggar.
What is the education level like in Biggar?
Interestingly, the percentage of people who have a degree in the city of Biggar is 17%. 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 Biggar is £34,400.00.
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.
What is a social grade score and how does this relate to Biggar?
In the city of Biggar, the social grade score of the area is 14%. 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 Biggar.
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’s crime like in Biggar?
The crime rate of Biggar 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 14000%, 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 (14000%) is both useful and is recommended to be compared to the average.
Biggar within Cumbria is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Biggar will be looked at by comparing it to the local region, as well as comparing it to the wider region too (North West). 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 Biggar.
A house for sale appropriate to your needs
Find here below a list of criteria that we suggest you consider before looking for houses for sale in Biggar
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affordability – the UK gov website comes in helpful when you want to understand (see what house for sale you can afford)
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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.
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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.
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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.
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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.
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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
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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?
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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.
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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.
houses for sale in other cities and regions in the UK
If you are looking for a list of cities that are different to the City of Biggar and in different UK region to North West. You might want to consider these as alternatives for your next real estate investment:
- milngavie in North West
- aynho in North West
- twycross in North West
- ampfield in North West
- emsworth in North West
Or, visit our dedicated page on the houses for sale data for the whole of the UK which will allow you to pick based on where you think you want to live or invest – houses for sale in the UK.
FAQ (Frequently Asked Questions)
If you are a landlord, should you renovate a property in the city of Biggar?
If planning permissions are abundant in the vicinity of Biggar, it may look promising for landlords looking to renovate. With 7 getting approved on a monthly basis, and a success rate of 93%, these prospects flourish against a population of 38236. A comparative analysis against other locations across the UK will lend you a good perspective of this data.
What’s the number of property sales each month in Biggar?
Biggar boasts a monthly total of 36 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 Biggar, what’s the yearly fluctuation in population?
When evaluating the population trajectory of Biggar, explore the decade-spanning population shift of -4% and the five-year modification of population of -1%. By drawing comparisons, see if demographic changes in your chosen area is
How much are houses for sale priced at in the extended region of Biggar?
The average cost per square foot for a house in Biggar is presently £0.
Does opting for a house for sale in Biggar 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 Biggar this number is £117,109 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
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