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A guide on houses for sale in Dovecot

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 Dovecot

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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 Dovecot, Merseyside.

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

In Dovecot, what are the demographics like?

In Dovecot, how has the population changed?

Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Dovecot if 25822 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 Dovecot such as rental yield or house appreciation.

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

In the previous five years there has been a change in the number of people of Dovecot by 4%. 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 4% 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 Dovecot?

In the last decade, the population of Dovecot has been adjusted by 7%. 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.

What is a social grade score and how does this relate to Dovecot?

In the city of Dovecot and throughout the UK, the social grade score is assessed by observing what type of jobs people have and then grouping this into a grading system.

In general, the people at the top of the scale (the A category) have the highest paid, most skilled jobs and this is just 4% of the general UK population. On the lower end of the scale, people who are on benefits, state pensions and also manual workers all are grouped into this category that represents the most unskilled.

When trying to determine if the area of Dovecot has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 9%.

Below, you can see how this compares to the National average as the average for the top two categories nationwide is 27% (Adding together the A and B categories)

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

In the city of Dovecot, 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 Dovecot, the city has 11 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 Dovecot.

How deprived is the population of Dovecot?

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 Dovecot is £0.

Is the crime rate bad in the city of Dovecot?

The crime rate of Dovecot 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 12600%, 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 (12600%) is both useful and is recommended to be compared to the average.

Are the people in Dovecot earning a lot?

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.

£33,800.00 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 9% for Dovecot.

The city of Dovecot, situated in Merseyside, is a particularly impressive part of the UK because of the specific demographics of the location.

In the below headings, the city of Dovecot 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 Dovecot. So, taking a good look at the data is essential to understand the area you are considering to buy in.

In Dovecot, how educated are people in general?

In the city of Dovecot, 17% of people have degrees. In general, as the number of people who are highly educated goes up, the more likely they are to have the ability to buy houses as their annual household income goes up too.

So you can see for yourself, the average income for the people of Dovecot is £33,800.00. This generally goes up with the education level of the area. Additionally, looking at the difference between the proportion of people with degrees and the UK average for this statistic (22.6%) should give you an idea of the affluence and education of the city.

A higher education level can therefore tell you if the house prices are likely to be high as the higher income level often results in people buying a bigger, more valuable house.

Having said this, whale education level can be a good factor to go by, there are also things like the rental yields, the population growth and social grades scores that can impact the value of a house and whether it will go up in value as time goes on.

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

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 Dovecot 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 £171,289.

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 Dovecot.

Table showing the asking prices for houses for sale in Dovecot

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £125,306
Average asking price (3 bed) £173,966
Average asking price (4 bed) no relevant data for this city
Average asking price (5 bed) no relevant data for this city

The above table is perfect for understanding the distribution of properties in the area as well as looking at this data alongside the average asking price per square foot of £0. Telling you what type of house is most in demand relative to the price of the area.

This could be due to more people looking at particular types of houses for sale over others or even due to the fact that Dovecot has a lack of supply of housing in certain categories.

houses for sale in other cities and regions in the UK

We have prepared a list of cities that are entirely dissimilar to the region of North West, perfect if you are looking for somewhere similar to Dovecot but want to relocate to a different region entirely. You should then be able to evaluate the different houses for sale listed in the region:

Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.

Invest in a house for sale that meets your demands

When browsing houses for sale in Dovecot 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 Dovecot, what are the rental yields?

In Dovecot, how has the number of houses changed?

Before committing to Dovecot 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
Dovecot growth rate 7% 17% 36%

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 Dovecot is building housing to find your answer.

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 Dovecot, the below table demonstrates this well. To make things simple, it compares these numbers to the wider region of the UK; North West. As well as Merseyside, to give a smaller scale area to compare the data to.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Dovecot £0 £735 no relevant data for this city £0
Merseyside 4.76% £735.14 120.31% 21.51%
North West 0.04 807.60 £1 20.19%

Assuming that in the future you want to re-sell the house you will eventually purchased in Dovecot you might be interested in the number of sales per month (14) that happen in the local housing market. Comparing this figure for Dovecot with the above table gives you a good understanding of the profitability of the area.

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

There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Dovecot. In Dovecot, this sale price works out to be £146,563. As an example, a factor like population growth over the last 10 years which works out to be 7% in Dovecot and impacts house prices of the houses for sale.

Housing category Total final sale price
Average sold price (detached) £271,438
Average sold price (semi-detached) £145,405
Average sold price (terraced) £99,563
Average sold price (flat) £124,869

Above, the exact type of house is also shown to vary in price in a table in Dovecot. 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 £1,700
Average sold price/sqft (new build) £2,230
Average sold price/sqft (old stock) £1,530

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 Dovecot which is £1,700. 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.

Professional advice for houses for sale in Dovecot

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

FAQ

Is it possible to renovate a property in Dovecot?

Properties in the city of Dovecot may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are 5 approvals every month with an approval of nan based on a population of 25822. Compare other places in the UK to make this figure make more sense.

What is the monthly count of property transactions in Dovecot?

The city of Dovecot sees around 14 property transactions every month, while the nationwide figure for the whole of the United Kingdom stands at roughly 1.1 million property sales.

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

Calculating the evolution of Dovecot’s population requires an examination of the population transformation over a decade, amounting to 7%, and the five-year adjustment at 4%. By contrasting these values, analyse recent changes in population to attain a thorough understanding of demographic trends and perhaps also look at house for sale data nearby

How much are houses for sale priced at in the extended region of Dovecot?

The current average price per square foot for a house in Dovecot stands at £0, considering the mean cost for each square foot of houses for sale there.

Is investing in a house for sale in Dovecot a financially demanding choice?

Ascertain the costliness of a property by examining a listed house for sale in relation to the prevailing average selling prices. In Dovecot, this stands at £146,563, whereas the UK’s mean is £286,500.

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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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