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 Ardpeaton, Argyll and Bute.
From the average asking price of houses for sale in Ardpeaton to the growth of the population in the area, all will be talked about regarding the city of Ardpeaton. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
What are the demographics like in the city of Ardpeaton?
What is the education level like in Ardpeaton?
In the city of Ardpeaton, 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 Ardpeaton 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 general, do people commit a lot of crime in Ardpeaton?
The crime rate of Ardpeaton 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 1, 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 (1) is both useful and is recommended to be compared to the average.
Have the people of Ardpeaton grown in numbers?
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 Ardpeaton is 21,859.
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 Ardpeaton.
In Ardpeaton, how has the population changed over the last five years?
In the last five years, over time, the change in population size was -2%. 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 Ardpeaton 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 (-2%) 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.
Ardpeaton population difference over 10 years?
The population has adjusted in the area of Ardpeaton by -4% 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 Ardpeaton.
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.
In Ardpeaton, what is the social grade score?
In the city of Ardpeaton, the social grade score of the area is no relevant data for this city. But what does this exactly mean? The figure refers to the proportion of people in the two highest categories of skilled jobs.
The categories are grouped from A to E shown in the table below. Overall, a high social grade score means there are more affluent people working in managerial and professional roles in the area.
This table shows the average breakdown of the UK in terms of where most people in the UK are working so you can compare it to the social grade score of Ardpeaton.
|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|
How much are those living in Ardpeaton earning?
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 Ardpeaton this figure is no relevant data for this city.
In the city of Ardpeaton, 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 Ardpeaton, the city has 10.0 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 Ardpeaton.
How deprived is the population of Ardpeaton?
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 Ardpeaton is no relevant data for this city.
Ardpeaton within Argyll and Bute is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Ardpeaton 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 Ardpeaton.
In general, what do houses for sale sell for in Ardpeaton?
As well as looking at the asking price for house for sale in Ardpeaton, 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 Ardpeaton.
Houses for sale, are sold on average in Ardpeaton, after the influence of these factors, at £182,862 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 -4% over the last 10 years.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£296,024|
|Aerage sold price (semi-detached)||£204,426|
|Aerage sold price (terraced)||£126,056|
|Aerage sold price (flat)||£105,524|
This table above shows the average sale price for each variation of houses for sale in Ardpeaton.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£1,940|
|Aerage sold price/sqft (new build)||£2,000|
|Aerage sold price/sqft (old stock)||£1,880|
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 Ardpeaton is £1,940.
This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.
In Ardpeaton, what are the rental yields?
If you’re buying a house for investment rather than for the reason to live in the house over time and use the house as a place to stay in the long term, there is a need to look at the rental yield figure to see if the house for sale you are considering to buy is a good investment or not.
This figure is usually looked at by investors as well as the rental income of the area, the sale turnover and the rent turnover.
The table below represents this data and compares Ardpeaton to Argyll and Bute and the broader suburb of the UK; Scotland.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Ardpeaton||no relevant data for this city||no relevant data for this city||no relevant data for this city||42.0%|
|Argyll and Bute||5.10%||£554||no relevant data for this city||38.47%|
Let’s assume you want to sell the house you’re looking to buy in Ardpeaton for profit in the future, in this case, looking at the data for the number of houses sold per month in Ardpeaton would give you an idea of whether the area is actively getting new investors. This figure is 31.
It is vital you be careful with this figure however as the data can suggest something that isn’t true in Ardpeaton. To give an example, a lot of people buying new houses could also indicate there are a lot of new first time buyers in the area which would in fact drive down the rental yield.
The more people there are interested in renting, rather than buying, the more likely that area of the UK has high rental yields and hence investors like these areas to invest in to create a large amount of cash flow.
Are there new houses being built in Ardpeaton to make it grow?
Whenever you are thinking about looking for houses for sale in Ardpeaton, think about how the city is growing and how this may impact the overall growth of the area.
Comparing the growth at different time periods would be a great way to assess whether the growth has slowed down, remained the same or perhaps stagnated over the years.
|1 year||3 years||5 years|
|Ardpeaton growth rate||-15%||6%||no relevant data for this city|
As the population of Ardpeaton grows, this may also push up the price of the houses for sale. More people would be looking to buy homes and permanently live in the area. This demand helps a home appreciate. However, this isn’t always true because some cities build a lot of houses too to match the supply.
On average, what is the figure for the asking price of a house for sale in Ardpeaton?
On average, in Ardpeaton, the asking price for a house for sale in the area is £245,000.
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 Ardpeaton. 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 Ardpeaton, 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)||£125,863|
|Average asking price (3 bed)||£240,184|
|Average asking price (4 bed)||£389,882|
|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 Ardpeaton has a lack of supply of housing in certain categories.
Professional advice for houses for sale in Ardpeaton
Finding the ideal house for sale for you
Criterias that have an impact on the actual price of a house for sale have been listed here below. Consider them all to find the perfect houses for sale in Ardpeaton.
Affordability – check this article from the UK government to find out (see what house for sale you can afford)
Location – if the house for sale is in the city centre rather than further out, this may be why it is more expensive than the market average.
Transports near the house for sale – Being able to use public transports is a huge plus for a house, especially in big cities. This will have an impact on the price as well.
Bedrooms – the more bedrooms there are in a house for sale, the more tenants a buy to let investors will be able to host, therefore, realistically the price will also increase.
EPC of the house for sale – today more than ever, the energy performance of properties for sale on the market should be one of the first things you check.
Wi-Fi speed – We recommend you check the internet plans available for the areas where you are considering to buy a house for sale
Are you a motorist? – If yes, filter out your searches and compare prices of houses for sale with parking availability. Remember, a car parking space can cost as much as £400 per month
Conditions of the house for sale – New builds and properties that were recently built usually need little to no repairs; instead, other houses for sale may require consistent or structural maintenance. These investments that can be both expensive and laborious to complete. Before making your offer for a house for sale you should always carefully assess this criteria.
House for sale in the same UK region
We have prepared a list of cities in Scotland, the same UK region of Ardpeaton that can help you evaluate the different houses for sale listed in the region:
- Craigentinny in Scotland
- Balerno in Scotland
- Menstrie in Scotland
- Airdrie in Scotland
- Alva in Scotland
Alternatively, you can visit our webpage dedicated to houses for sale in the UK, houses for sale in the UK.
Who should you talk to while going through the process of making an offer on a house for sale?
Several experts specialise in giving advice to property investors or to first time potential buyers.
Since the process of finding the right house for sale can take months, you have all the time to consult with the experts you might need.
Find here a list of those you should contact to get professional guidance and assistance when purchasing a house for sale:
- Lender – This practitioner can lend you money to finalise a house purchase
- Insurer – Insuring companies will provide you with the insurance policy you need to protect the house for sale you want to buy
- Legal representative – This professional is usually there to handle all the legal tasks associated with purchasing a home for sale.
- Surveyor – Carries out and independent valuation on the house for sale based on its conditions. It is very useful to understand the correct price before making an offer
- Mortgage specialist – Mortgage advisors works on commissions. They will get a cut from the bank and will guide you with offering the best deals given your financial situation
- Energy assessor – We strongly suggest you to invest in a professional assessment of the Energy Performance of the house for sale you want to purchase