Whenever looking for a house for sale in the UK or in Arbirlot, it is vital you look at the market trends and house price fluctuations in the wider area of Angus too. House prices of houses for sale can change even among different streets very close to each other so, as a landlord, it would be a good idea to be familiar with the area of Arbirlot.
In this article, we will be looking at the city of Arbirlot in detail so you know how to navigate the area and have a better understanding on where to invest.
What is the final sale price of a house in Arbirlot?
In Arbirlot, houses for sale are sold at an average of £137,384. 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 Arbirlot. 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)||£222,229|
|Aerage sold price (semi-detached)||£159,410|
|Aerage sold price (terraced)||£119,263|
|Aerage sold price (flat)||£72,461|
As you can see above, for Arbirlot, 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 0% where lots of movement may inflate or deflate house prices.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£1,400|
|Aerage sold price/sqft (new build)||£1,190|
|Aerage sold price/sqft (old stock)||£1,460|
Looking at the second table about Arbirlot, 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 Arbirlot is £1,400.
On average, what is the figure for the asking price of a house for sale in Arbirlot?
On average, in Arbirlot, the asking price for a house for sale in the area is £178,635.
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 Arbirlot. 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 the city of Arbirlot, what is the average asking price for the houses for sale?
|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)||£182,268|
|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 Arbirlot is £0. This should show you the general prices overall and for individual types of houses too.
In Arbirlot, what are the rental yields?
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.
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 in to all the details of Arbirlot.
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 (Angus) as well as the broader region; Scotland.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Arbirlot||no relevant data for this city||no relevant data for this city||no relevant data for this city||76.0%|
|Angus||6.47%||£671||no relevant data for this city||109.00%|
Also, you can compare other data to the table above such as the number of houses sold per month in Arbirlot which is 31 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 Arbirlot is to invest in. Both in terms of rental yield and capital appreciation.
Are there more or fewer houses being built in Arbirlot?
The growth of an area like Arbirlot 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|
|Arbirlot growth rate||-3%||3%||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 Arbirlot if you want to find out the exact reasons for the housing change.
What kind of demographics does the city of Arbirlot have?
In Arbirlot, how has the population changed?
In the UK in general and specifically in the region in question, large population sizes can be good indications that there are a lot of people in the area looking for houses for sale which can drive up demand and therefore impact the cost. You should also check to see if the population is growing in the area too to show an increasing demand, this is even better. Currently, the total population of Arbirlot is 28,839.
Sometimes, smaller populations can have higher buyer demand than large populations on the other hand. This is because the price of houses and hence the demand for houses is based on a variety of variables.
The most important variable is the location of the houses for sale in the city of Arbirlot.
In Arbirlot, how has the population changed over the last five years?
In the last five years, over time, the change in population size was -1%. Looking at this figure can inform you of the buyer demand for the houses for sale in the area. Read more here
This may mean that the city has now started to slow down in terms of population growth or it may mean the city is also building a lot of houses which would indicate the supply of houses for sale will be matching the demand.
Making predictions about the future growth of Arbirlot is hence important in making a decision if capital appreciation of your real estate investment is something you’re after as a landlord.
Comparing this figure for the 5 year growth (-1%) as well as the ten year growth in the subheading below should allow you to make some accurate forecasts on the growth rate. Click here to know more on the UK population trends.
Arbirlot population difference over 10 years?
The population has adjusted in the area of Arbirlot by 0% in the most recent decade. This change is even more useful when compared alongside the figure for the five year growth of the area too.
This will tell you if the population is changing at the moment or if change is more recent. Through this a landlord can accurately look at the fluctuations in population size of the area over time and therefore better understand the trend of the houses for sale in Arbirlot.
To make an example, the town of Salford which is a part of Manchester has seen a 10% increase in population. house price has therefore followed.
What is the city of Arbirlot’s 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 Arbirlot 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.
How much do people in Arbirlot earn?
You may be wondering what the amount people earn has to do with house price. Well, house prices generally go up as people earn more not just because they can afford more valuable properties but also because good areas generally attract more desirable infrastructure. For reference, the average household income is no relevant data for this city.
This may be better schools, doctors and areas with lower crime rates. This results in a snowball effect which polarises different areas further, increasing the demand for housing in richer areas by a greater amount. And increasing the proportion of people with high social grade scores. For Arbirlot this figure is no relevant data for this city.
Are the people of Arbirlot deprived?
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 Arbirlot is no relevant data for this city.
What is the education level like in Arbirlot?
In the city of Arbirlot, 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 Arbirlot 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%.
In Arbirlot, what is the crime rate?
The crime rate of Arbirlot 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.
Located in Angus is the city of Arbirlot, in a large part of the UK; Scotland. Before you look for houses for sale in this area, it is a reasonable question to ask what the people who live there are like.
Below, the population of Arbirlot has been dissected in terms of if the population is educated, what the crime rates are like and much more. All important factors to consider before making a house purchase among the offer of the houses for sale.
The knowledge below is based on a lot of different variables relevant to the city of Arbirlot which impacts the profitability of making an investment here or how desirable buying a house to live in is if you want to live on a permanent basis.
In the city of Arbirlot, how much green space remains for residents?
Whether you view green space in Arbirlot as important to you as a homeowner is up to your personal preferences. Having said this, there is a clear benefit on the overall health of people who live near green space as the government has stated keeping green space in proximity to people is one of the biggest factors for combating obesity.
In Arbirlot, the number of acres of green space for every 1000 people currently is 34.2 which can be measured against the UK average of 1.7.