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 Appletreehall, Scottish Borders.
From the average asking price of houses for sale in Appletreehall to the growth of the population in the area, all will be talked about regarding the city of Appletreehall. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
What’s the rental yield in general for the city of Appletreehall?
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 Appletreehall this statistic is what you were looking for.
Data should also be compared to the broader region of the UK (Scotland) alongside Scottish Borders 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 Appletreehall.
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) | |
|---|---|---|---|---|
| Appletreehall | no relevant data for this city | no relevant data for this city | no relevant data for this city | 30.0% |
| Scottish Borders | no relevant data for this city | no relevant data for this city | no relevant data for this city | 49.64% |
| 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 Appletreehall.
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 (29) will be useful.
Are there more or fewer houses being built in Appletreehall?
Growth in the area can be a good signal of a booming house market. However, too much growth could also have negative consequences on the capital appreciation of a house as time goes on.
Take a look at the table below for Appletreehall that shows the growth in recent years.
| 1 year | 3 years | 5 years | |
|---|---|---|---|
| Appletreehall growth rate | -27% | 12% | no relevant data for this city |
High growth rates can signal an appreciating housing market, nonetheless, if there are too many houses being built, this could reduce demand for housing as the supply of houses for sale starts to catch up with the demand. Leading to stagnation or a decline in house pricing so understanding the growth in Appletreehall is important.
Are there any important statistics about the population of Appletreehall?
Is the crime rate bad in the city of Appletreehall?
Within Appletreehall, the number of people committing crimes is no relevant data for this city per 1000 people. This figure directly relates to the safety of residents in the area which is one of the biggest factors in whether an area is considered desirable or not.
As a result, someone looking to buy a house here hoping for it to appreciate in value or buying a house here to produce rental income should check out the crime rate and compare it carefully to the UK average of 79.52 for every 1000 people to see how safe people living there will be.
If the area’s crime rate is too high, this may result in you having to pay for the renovation of burglaries or pay a premium on home insurance as insurance companies will charge you more for living in a dangerous area. So analyse this no relevant data for this city figure carefully.
What is the population of Appletreehall?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Appletreehall if 18,448 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 Appletreehall such as rental yield or house appreciation.
How has the population size of Appletreehall adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Appletreehall by 1%. 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 1% 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 Appletreehall?
In the last decade, the population of Appletreehall has been adjusted by 1%. 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 Appletreehall earn?
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 Appletreehall, the average income is £200. 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 no relevant data for this city to decide on what the demographics are like in the area.
Is the education level of Appletreehall important when buying a house?
In the city of Appletreehall, 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 Appletreehall is £200.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
What is a social grade score and how does this relate to Appletreehall?
The social grade score is a good indicator of what type of jobs people generally work in the area. Whether that be working in the primary sector, secondary sector, tertiary sector or maybe the quaternary sector of jobs.
The scale is slightly different to this though on a scale of A to E. A refers to people who are in the most skilled, managerial roles whereas E include people such as casual workers.
In Appletreehall, the percentage of people in the two highest categories, A and B is no relevant data for this city. This figure includes people who are therefore most likely to be more skilled and have higher paid jobs.
When contrasting these figures, the average household income for the area is £200. This income will generally get bigger as the percentage of people in the A and B categories go up too (no relevant data for this city).
Appletreehall within Scottish Borders is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Appletreehall will be looked at by comparing it to the local region, as well as comparing it to the wider region too (Scotland). 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 Appletreehall.
In the city of Appletreehall, is there a lot of 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 Appletreehall, 34.3 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 Appletreehall.
Are the deprivation levels of the UK any different to Appletreehall?
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Appletreehall, currently, no relevant data for this city people fall into this category.
Measuring this statistic against the nationwide average of 33% should give you a pretty good idea of where the city lies in the scale of poverty in the area.
What is the asking price on average of houses for sale in Appletreehall?
The average asking price for the houses for sale in the city of Appletreehall
| Average asking price (1 bed) | £49,189 |
| Average asking price (2 bed) | £75,968 |
| Average asking price (3 bed) | £147,682 |
| Average asking price (4 bed) | £313,000 |
| Average asking price (5 bed) | no relevant data for this city |
After looking at this table about prices of houses for sale in Appletreehall, 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 £0 will help them to have a more wholistic understanding.
On average, in Appletreehall, the asking price for a house for sale in the area is £100,815.
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 Appletreehall. 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.
In Appletreehall, what do houses for sale tend to sell for?
In Appletreehall, the average sale price of a house for sale is in fact £87,092. This is dependent on the 10 year population growth of Appletreehall being 1%. Growing populations are more likely to inflate the prices of houses for sale in the city of Appletreehall.
| Housing category | Total final sale price |
|---|---|
| Aerage sold price (detached) | £239,628 |
| Aerage sold price (semi-detached) | £144,107 |
| Aerage sold price (terraced) | £106,309 |
| Aerage sold price (flat) | £52,022 |
The list below is able to inform you of what these prices are. Giving you an accurate estimate of whether a landlord is likely to accept your offer based on the prices of the houses for sale in Appletreehall.
| Housing category | Sale price per square foot |
|---|---|
| Aerage sold price/sqft | £1,080 |
| Aerage sold price/sqft (new build) | £1,060 |
| Aerage sold price/sqft (old stock) | £1,080 |
Evidently, certain types of houses for sale will have different types of demand and this will be reflected on the final price.
On average, the cost of a house for sale per square foot works out to be £1,080. This means if you are just looking out the houses sold in Appletreehall in general and didn’t take into consideration the type of build. For example, a new build.
Who can help you buy a house for sale in Appletreehall?
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
Invest in a house for sale that meets your demands
Find here below a list of criteria that we suggest you consider before looking for houses for sale in Appletreehall
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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.
Thinking about other cities with houses for sale?
You can assess the various houses for sale offered in the area by consulting this list of cities in Scotland, the same UK region as Appletreehall:
- Gourock in Scotland
- Auchtermuchty in Scotland
- Gretna in Scotland
- Charlestown in Scotland
- Rosewell in Scotland
You may also refer to our landing page specific to UK houses for sale, houses for sale in the UK
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