What is it like buying a house in Aberfeldy?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in Scotland $ What is it like buying a house in Aberfeldy?

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 Aberfeldy, Perth and Kinross.

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

In general, what do houses for sale sell for in Aberfeldy?

In Aberfeldy, houses for sale are sold at an average of £252,763. In general, multiple factors impact this figure because lots of variables impact properties valuation. This can include the quality of the buildings in general, whether the population has grown, if there is demand for housing or if there is a low crime rate which would make the area more desirable.

In the table below, you can see for yourself how the average price of a house for sale looks based on the different sizes of housing in Aberfeldy. The exact amount of variation between the types of housing depends on the local demand for particular types of houses in the area.

Housing category Total final sale price
Aerage sold price (detached) £347,150
Aerage sold price (semi-detached) £193,303
Aerage sold price (terraced) £213,468
Aerage sold price (flat) £124,520

As you can see above, for Aberfeldy, price varies based on the type of house that is being sold. If these prices shock you it could be due to population change in the last 10 years of 4% where lots of movement may inflate or deflate house prices.

Housing category Sale price per square foot
Aerage sold price/sqft £1,790
Aerage sold price/sqft (new build) £1,730
Aerage sold price/sqft (old stock) £1,770

Looking at the second table about Aberfeldy, you are able to tell which type of housing is most affordable to you as a buyer. However, for a general overview of what house price is, the average price per square foot for a house in Aberfeldy is £1,790.

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

When investors make offers for houses for sale in Aberfeldy, the average price asked by the homeowners works out to be £213,098.

In the table below, for all the different sizes of houses in the area, the average asking prices have been displayed. This tells you what kind of house is more or less expensive and sought after despite houses with fewer bedrooms being overall less expensive anyway.

Any house that looks like it is overpriced for the number of bedrooms it has in Aberfeldy is typically not overpriced. It is just the case that that type of housing has a higher demand, therefore, people are willing to pay more.

Table showing the asking prices for houses for sale in Aberfeldy

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) no relevant data for this city
Average asking price (3 bed) no relevant data for this city
Average asking price (4 bed) no relevant data for this city
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 in terms of the house asking price, the average asking price for the house for sale in the whole of Aberfeldy is £0. This should show you the general prices overall and for individual types of houses too.

What are the people like in Aberfeldy?

The city of Aberfeldy, situated in Perth and Kinross, is a particularly impressive part of the UK because of the specific demographics of the location.

In the below headings, the city of Aberfeldy and its demographics will be compared to its wider location (Scotland). 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 Aberfeldy. So, taking a good look at the data is essential to understand the area you are considering to buy in.

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

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 Aberfeldy, in particular, the deprivation levels are no relevant data for this city.

This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.

For the city of Aberfeldy, what is the education level?

Interestingly, the percentage of people who have a degree in the city of Aberfeldy is no relevant data for this city. 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 Aberfeldy is no relevant data for this city.

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’s crime like in Aberfeldy?

The crime rate of Aberfeldy 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.

Are the people in Aberfeldy 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.

no relevant data for this city 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 no relevant data for this city for Aberfeldy.

Have the people of Aberfeldy grown in numbers?

In total, the number of people in Aberfeldy is 3,502. 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 Aberfeldy, depending on where exactly you are.

How has Aberfeldy 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 Aberfeldy has changed by 1%. 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 1% 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 Aberfeldy?

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 Aberfeldy 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.

In the city of Aberfeldy, how much green space remains for residents?

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 Aberfeldy currently has 95.6 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 Aberfeldy in this case.

In Aberfeldy, what is the social grade score?

The social grade of a city is useful when searching for a house for sale because it tells you what kind of jobs people have in the area. For example, there could be a lot of skilled manual workers or there could be a lot of pensioners and people on benefits.

The scale goes from a social grade of an A who are high managerial, administrative or professional workers to an E where people in this category are on state pensions, casual workers or unemployed on state benefits.

The number of people in Aberfeldy in grades A or B which are the highest skilled roles in the country is no relevant data for this city. Realistically, you can expect workers in this category to earn a higher salary too.

For comparison, no relevant data for this city is the average household income of the area. You can see how this figure is congruent with the number of people in the top two categories of the social grade at no relevant data for this city.

Always consider average rental yield when searching for houses for sale in Aberfeldy

Is the housing market in Aberfeldy growing?

Before committing to Aberfeldy 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
Aberfeldy growth rate -3% 43% no relevant data for this city

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 Aberfeldy is building housing to find your answer.

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 Aberfeldy this statistic is what you were looking for.

Data should also be compared to the broader region of the UK (Scotland) alongside Perth and Kinross 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 Aberfeldy.

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)
Aberfeldy no relevant data for this city no relevant data for this city no relevant data for this city 24.0%
Perth and Kinross 4.65% £723 no relevant data for this city 38.81%
Scotland 5.48% £871 125.36% 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 Aberfeldy.

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 (4) will be useful.