Contents
- 1 We help you find the right agent
- 2 What kind of demographics does the city of Annan have?
- 3 Choose the right house for sale that suits your needs
- 4 In Annan, what do houses for sale tend to sell for?
- 5 Get professional help on the houses for sale in Annan
- 6 What is the asking price on average of houses for sale in Annan?
- 7 How are rental yields of the houses for sale different to the rest of the UK in Annan?
- 8 Other cities in different locations you can consider to buy property
- 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 Annan to help you find the perfect agent for you
Annan 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 Annan.
On top of this, keep reading for detailed information on the demographics of Annan in Dumfries and Galloway. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.
What kind of demographics does the city of Annan have?
Is the crime rate bad in the city of Annan?
For the city of Annan, crime rate is at no relevant data for this city. So for every 1000 people in the area, no relevant data for this city commit a crime which is prosecuted. Paying close attention to this figure of crime rate is not only important for the value of a house but also to calculate the maintenance cost of owning a house and how attractive an area can be for future buyers.
So, compare it to the nationwide average of 79.52 per 1000 people and consider if you are happy with this figure based on the price you’re paying for a house you’re interested in.
On top of this, houses that are in areas where there is a high crime rate tend to have to pay higher insurance rates, costing a homeowner in the long term.
Additionally, paying for further security on a house such as CCTV or potentially gates and fences that deter thieves may be necessary for an area with a high crime rate.
Annan in the county of Dumfries and Galloway is notable for its specific demographics and has individual characteristics.
For localised cities and the bigger areas of the UK there are wide variations in the demographics that shape an area so the same is also true for the wider region Annan is located in; Scotland.
Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Annan, what the social grade score of the city is like and if the green space matches the recommended levels people living in the UK should have.
What is the population of Annan?
The city of Annan has a total population of 13145. Large population sizes can be good to show there is a high demand for people to buy houses in the area but a better indication is if the population of Annan is growing.
A small population city can also have high prices of houses for sale, because, if there is a growing population, and demand is still high, this could mean the house prices are pushed up.
Either way, a population must also be looked at in terms of the appreciation of the area as well as the rental yields and if the area really meets your needs.
The five year population change of Annan
Over time, in the last five years, the population of the city of Annan has changed by -1%. This figure can tell you a lot because a growing population indicates a house is likely to appreciate. Read more here
In addition, looking at the 10 year figure for population growth in the below paragraphs can give you further evidence as to what the change in population has been for a longer period of time. As a result, you’ll know if this -1% population change is something that has been there for a while or if it is a new trend. Click here to know more on the UK population trends.
What is the difference in population over the last 10 years in Annan?
In the last 10 years, there has been a shift in the population of -2%.
Comparing this to the 5 year figure of Annan can tell you if there is a long history of population growth or decline, if there are population fluctuations or if the trend is stable.
New industries opening up in the area, the addition of new jobs and also international and national migration might all be reasons for changes in population size. Resulting in people moving in or leaving an area.
A good example of a quick change in population was in Stratford, London in 2012. Here, there was an increase in government spending in the area because of the Olympics which resulted in massive population growth.
Are the people in Annan earning a lot?
As earning potential goes up in a city, so does the quality of schools in the area, the general infrastructure and the social grade score (no relevant data for this city). All in all, the area becomes a more desirable place to live in.
This is why it is vital to pay attention to how much people are making annually in any city you plan on making a house purchase in. In Annan, this works out to be no relevant data for this city. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
What is the city of Annan’s 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 Annan 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 Annan, the percentage of people who work in the two highest skilled categories of this scale (A and B) is no relevant data for this city.
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 |
In the city of Annan, how much green space remains for residents?
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 Annan, the city has 20 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 Annan.
Are the people of Annan deprived?
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 no relevant data for this city for Annan should give you a nice idea of the deprivation in the area.
What is the education level like in Annan?
In the city of Annan, no relevant data for this city 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 Annan is no relevant data for this city.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
Choose the right house for sale that suits your needs
Find here below a list of criteria that we suggest you consider before looking for houses for sale in Annan
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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.
In Annan, what do houses for sale tend to sell for?
As well as looking at the asking price for house for sale in Annan, 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 Annan.
Houses for sale, are sold on average in Annan, after the influence of these factors, at £119,436 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 -2% over the last 10 years.
Housing category | Total final sale price |
---|---|
Aerage sold price (detached) | £184,188 |
Aerage sold price (semi-detached) | £114,969 |
Aerage sold price (terraced) | £91,776 |
Aerage sold price (flat) | £64,600 |
This table above shows the average sale price for each variation of houses for sale in Annan.
Housing category | Sale price per square foot |
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Aerage sold price/sqft | £1,180 |
Aerage sold price/sqft (new build) | £1,120 |
Aerage sold price/sqft (old stock) | £1,200 |
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 Annan is £1,180.
This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.
Get professional help on the houses for sale in Annan
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
What is the asking price on average of houses for sale in Annan?
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 Annan 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 £154,307.
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 Annan.
The average asking price for the houses for sale in the city of Annan
Average asking price (1 bed) | no relevant data for this city |
Average asking price (2 bed) | £120,166 |
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, the average asking price for the house for sale in the whole of Annan is £0. This should show you the general prices overall and for individual types of houses too.
How are rental yields of the houses for sale different to the rest of the UK in Annan?
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 Annan.
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 (Dumfries and Galloway) as well as the broader region; Scotland.
Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
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Annan | no relevant data for this city | no relevant data for this city | no relevant data for this city | £1 |
Dumfries and Galloway | no relevant data for this city | no relevant data for this city | no relevant data for this city | 44.07% |
Scotland | 0.05 | 871.42 | £1 | 59.40% |
Also, you can compare other data to the table above such as the number of houses sold per month in Annan which is no relevant data for this city 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 Annan is to invest in. Both in terms of rental yield and capital appreciation.
Are there more or fewer houses being built in Annan?
The growth of an area like Annan can be a great indicator of a thriving city and the influx of new people can drive demand for housing and help appreciate the value of your house after you buy it.
Paying attention to the table below tells you how the number of houses has changed over time at one year, three year and five year intervals.
1 year | 3 years | 5 years | |
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Annan growth rate | 8% | 13% | no relevant data for this city |
Despite the number of houses being built rising, this may not indicate that the housing price of the houses for sale is going up. It could be the case that there are a lot of new builds in the area which are causing the supply of the houses for sale to match demand and this could cause a decline in house price as time goes on.
Make sure you do your own research specific to the city of Annan if you want to find out the exact reasons for the housing change.
Other cities in different locations you can consider to buy property
We have prepared a list of cities that are entirely dissimilar to the region of Scotland, perfect if you are looking for somewhere similar to Annan 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:
- avon in Scotland
- boston in Scotland
- northampton in Scotland
- belle-isle in Scotland
- reading in Scotland
Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.
FAQ (Frequently Asked Questions)
Is it possible to renovate a property in Annan?
Properties in the city of Annan may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are no relevant data for this city approvals every month with an approval of no relevant data for this city based on a population of 13145. Compare other places in the UK to make this figure make more sense.
How many property sales occur per month in Annan?
In the city of Annan, there are no relevant data for this city and in the total for the UK, there are around 1.1 million property sales.
What is the population change each year in a city like Annan?
For a comprehensive analysis of Annan’s population trends, observe the population fluctuation over a decade, indicated by -2%, and the five-year alteration represented by -1%. Perhaps also look at data from another nearby city too so you can see a comparison.
What is the asking price for houses for sale in the wider region of Annan?
The current average price per square foot for a house in Annan stands at £0, considering the mean cost for each square foot of houses for sale there.
Is purchasing a house in Annan considered a costly decision?
Determine whether a property is expensive by comparing a list of houses for sale to the prevailing average selling prices. In Annan, this figure stands at £119,436, while the UK average is £286,500.
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