fbpx

A guide on houses for sale in Boothstown

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in the North West $ A guide on houses for sale in Boothstown

Boothstown might be an interesting area to invest in when looking for a house for sale in the UK as it is a unique area in the county of Greater Manchester.
Before looking for a house for sale in the city of Boothstown we strongly suggest landlords and real estate investors to research in detail and consider all involved factors. Indeed, house prices can change quite a bit depending on the square foot of the property, the number of rooms, the economic climate, the location of the house and more.

In this data heavy article the reader will be able to find out more on the topic and see the specific data to consider when evaluating different houses for sale in Boothstown.

What is the asking price on average of houses for sale in Boothstown?

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 Boothstown is £309,745.

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 Boothstown is useful when negotiating and knowing what to expect for every type of house for sale.

Average price of houses for sale in Boothstown

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £181,758
Average asking price (3 bed) £302,764
Average asking price (4 bed) £437,802
Average asking price (5 bed) £586,000

After looking at this table about prices of houses for sale in Boothstown, someone who is buying a home would be able to know in great detail what kind of house for sale available on the market best suits the amount of money they are looking to invest. Also, using a more general figure like the average asking price per square foot of a property which is £3,250 will help them to have a more wholistic understanding.

In Boothstown, what do houses for sale tend to sell for?

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

Houses for sale, are sold on average in Boothstown, after the influence of these factors, at £234,900 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 13% over the last 10 years.

Housing category Total final sale price
Aerage sold price (detached) £326,328
Aerage sold price (semi-detached) £219,117
Aerage sold price (terraced) £164,409
Aerage sold price (flat) £108,619

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

Housing category Sale price per square foot
Aerage sold price/sqft £2,410
Aerage sold price/sqft (new build) £2,400
Aerage sold price/sqft (old stock) £2,230

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 Boothstown is £2,830.

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

What’s the rental yield in general for the city of Boothstown?

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 Boothstown. 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 Boothstown.

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 (Greater Manchester), a regional level (North West) and finally on the level of the city talked about in this article, Boothstown.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Boothstown 4.7% £1,205 132% 18.0%
Greater Manchester 4.70% £930 128.44% 21.10%
North West 4.36% £808 120.36% 20.19%

You may also find it useful to compare the data above to the number of properties sold per month Boothstown experiences. This figure for house sales per month is 35. 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 Boothstown, how has the number of houses changed?

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 Boothstown at 1 year, 3 year and 5 year intervals:

1 year 3 years 5 years
Boothstown growth rate 5% 21% 24%

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 Boothstown 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 Boothstown.

Are there any important statistics about the population of Boothstown?

Are the deprivation levels of the UK any different to Boothstown?

Deprivation of a city is defined as the number of people who are considered to not be earning enough to sustain their lifestyle. The UK average of deprivation nationwide is 33% so comparing the figure of 27% for Boothstown should give you a nice idea of the deprivation in the area.

What is the education level like in Boothstown?

In the city of Boothstown, 24% 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 Boothstown is £43,200.

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

What’s crime like in Boothstown?

The crime rate of Boothstown 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 no relevant data for this city, 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 (no relevant data for this city) is both useful and is recommended to be compared to the average.

In Boothstown, what is the social grade score?

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 Boothstown 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 Boothstown, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 23%.

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

The city of Boothstown, situated in Greater Manchester, is a particularly impressive part of the UK because of the specific demographics of the location.

In the below headings, the city of Boothstown and its demographics will be compared to its wider location (North West). This includes population size, growth and population education now and into the future.

These statistics are heavily influenced by socio-economic factors and as a result this also shapes the projected house price of the houses for sale in Boothstown. So, taking a good look at the data is essential to understand the area you are considering to buy in.

How much green space is available to residents of Boothstown?

There are cities in the UK such as Edinburgh and Bristol that have a higher percentages of green space with Edinburgh being the most at 49%. The city of Boothstown currently has 18.9 for every 1000 residents.

Green space helps the quality of people’s mental health as well as fight against diseases like obesity. As studies have shown that the proximity of people to green spaces in the UK has a positive impact on the physical health of people in the UK and Boothstown in this case.

What is the population of Boothstown?

Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Boothstown if 39,097 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 Boothstown such as rental yield or house appreciation.

How has the population size of Boothstown adjusted in the last 5 years?

In the previous five years there has been a change in the number of people of Boothstown by 7%. 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 7% 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 Boothstown?

In the last decade, the population of Boothstown has been adjusted by 13%. 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.

How much do people in Boothstown earn?

While not always the case, the amount people earn can be associated with better schools in the area and perhaps a nicer environment to live in.

£43,200 is the average household income of the area. And the higher this figure is the more likely it is that there is a higher percentage of people with a social grade score in the A or B categories which is 23% for Boothstown.

Get professional help on the houses for sale in Boothstown

Finding the ideal house for sale for you

When browsing houses for sale in Boothstown 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 – 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

  • 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.

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

Other cities you can consider looking for with houses for sale

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

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

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *