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A guide on houses for sale in Ardwell

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in Scotland $ A guide on houses for sale in Ardwell

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Whenever looking for a house for sale in the UK or in Ardwell, it is vital you look at the market trends and house price fluctuations in the wider area of Dumfries and Galloway 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 Ardwell.

In this article, we will be looking at the city of Ardwell in detail so you know how to navigate the area and have a better understanding on where to invest.

houses for sale in other cities and regions in the UK

Below is a list of towns that differ from Ardwell.
Going over these locations will help you evaluate the different houses for sale across the UK. Whether that be in the same or a very different region to Scotland:

If you are interested in other cities or even regions of the UK, please visit the following page for more information:houses for sale in the UK it contains all the data related to the houses for sale in our nation.

Invest in a house for sale that meets your demands

Many criteria impact the price of houses for sale in Ardwell.
Here below are the most important ones according to Lofti’s expertise:

  • Affordability – (see what house for sale can you afford?)

    A guide from the UK government

  • House Location – The borough and region of the UK you want to invest in is an important factor to consider when looking for a home for sale.

  • Transport – Commuting can be a waste of time. Minimise it by checking how long it will take from the house for sale you’re interested in, to your office before considering buying

  • Number of bedrooms – The number of bedrooms goes hand in hand with the house for sale price. If you are buying for the long period try to think if you might need an extra bedroom

  • Energy performance of the house for sale – The difference between an EPC rating of A and an EPC rating of G can impact your monthly utility bills, consider this when evaluating houses for sale.

  • Internet connection – Being able to take video calls from your home is crucial nowadays, always check the broadband of the area when browsing houses for sale

  • Car park – Ask the property seller for parking availability. If it is included in the price of the house for sale, you can justify paying more than you would at first glance

  • Conditions of the house for sale – Repair works can be expensive and take a lot of time, assess the conditions of the houses listed for sale before making an official offer.

Get professional help on the houses for sale in Ardwell

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

Asking price in Ardwell for a house for sale

When speaking about the city of Ardwell, £135,058 is the asking price for a house for sale.

We have compiled a table of data so you can know the asking prices of the specific size of home you’re most interested in. As you can imagine, a family looking to move out with children in Ardwell would be after a larger house than someone living alone.

The data is in fact very different compared to the number of rooms you’re interested in having in your home and the asking price also tends to go up in staggering amounts as you add rooms.

Table showing the asking prices for houses for sale in Ardwell

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £91,923
Average asking price (3 bed) £128,206
Average asking price (4 bed) no relevant data for this city
Average asking price (5 bed) no relevant data for this city

After looking at this table about prices of houses for sale in Ardwell, someone who is buying a home would have a detailed understanding of what kind of house for sale is available on the market that 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 holistic understanding.

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

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 Ardwell.

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)
Ardwell 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 Ardwell 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 Ardwell is to invest in. Both in terms of rental yield and capital appreciation.

Are there more or fewer houses being built in Ardwell?

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 Ardwell that shows the growth in recent years.

1 year 3 years 5 years
Ardwell growth rate no relevant data for this city 11% 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 Ardwell is important.

In Ardwell, what are the demographics like?

Are the people of Ardwell 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 Ardwell is no relevant data for this city.

Are the people in Ardwell 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 Ardwell.

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

The number of people as a percentage who have been through university and gained a degree is no relevant data for this city. The ability to buy a home is greatly influenced by the number of people who have degrees. no relevant data for this city is the amount people in Ardwell are earning.

As you can tell, this figure along with the number of people who have degrees roughly correlate. For reference, the percentage of people who have degrees in the UK is 22.6% and the average household income is.

As a general rule, the bigger the difference between this 22.6% figure and the percentage of people with a degree in Ardwell, the bigger the difference in the ability to earn and hence buy a house. A higher number of degrees will increase the potential for people to earn and hence the buying power of the population. This will also push up the price of houses in the area.

Nonetheless, making accurate estimates for the appreciation of homes must be done with other pieces of data in mind such as the rental yields or perhaps the crime rate of the area to name some examples.

Is the crime rate bad in the city of Ardwell?

Within Ardwell, 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 does the population of Ardwell look like?

The city of Ardwell has a total population of 16346. 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 Ardwell 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 Ardwell

Over time, in the last five years, the population of the city of Ardwell 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 Ardwell?

In the last 10 years, there has been a shift in the population of -2%.

Comparing this to the 5 year figure of Ardwell 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.

In the city of Ardwell, is there a lot of green space?

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 Ardwell currently has 40 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 Ardwell in this case.

The city of Ardwell, situated in Dumfries and Galloway, is a particularly impressive part of the UK because of the specific demographics of the location.

In the below headings, the city of Ardwell 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 Ardwell. So, taking a good look at the data is essential to understand the area you are considering to buy in.

What’s a social grade score and how does it relate to Ardwell?

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 Ardwell, 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 no relevant data for this city. 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).

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

For the city of Ardwell, the average price a house sells for is £113,757. This value usually depends on the exact location of the house within Ardwell as well as other factors like the population growth which is -2% over a ten-year period.

Housing category Total final sale price
Aerage sold price (detached) £178,070
Aerage sold price (semi-detached) £109,408
Aerage sold price (terraced) £87,864
Aerage sold price (flat) £54,289

The above table puts this figure into perspective as you can see the various average sale prices of a house for the specific type of house you’re most interested in. This comparison is important because the type of house you’re considering to buy may be more or less in demand based on variations in supply and demand in the city of Ardwell.

Housing category Sale price per square foot
Aerage sold price/sqft £1,010
Aerage sold price/sqft (new build) £980
Aerage sold price/sqft (old stock) £1,020

Generalising the bottom table, the average value per square foot of a house for sale is £1,010. This value averages all of the types of houses for sale in Ardwell. So, if you’re not sure what type of house you want specifically, you can still get an idea of the real estate market of Ardwell.
Bear in mind that if you are a landlord looking to buy a property to rent, you will also run into other expenses like letting agent fees and the cost of listing your property for sale on Rightmove in your city.

FAQ (Frequently Asked Questions)

If you are a landlord, should you renovate a property in the city of Ardwell?

If planning permissions are abundant in the vicinity of Ardwell, it may look promising for landlords looking to renovate. With no relevant data for this city getting approved on a monthly basis, and a success rate of no relevant data for this city, these prospects flourish against a population of 16346. A comparative analysis against other locations across the UK will lend you a good perspective of this data.

What is the monthly count of property transactions in Ardwell?

In the city of Ardwell, 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 Ardwell?

For a comprehensive analysis of Ardwell’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.

In the larger vicinity of Ardwell, what is the cost of houses available for sale?

Currently, the mean asking price of a house in Ardwell is £0, calculated using the average value per square foot

Would acquiring a house for sale in Ardwell be regarded as a high-priced option?

To work out if you are looking at an expensive property, find a house for sale and compare it to the average prices sell for. In Ardwell this number is £113,757 and in the average for the UK is £286,500. Also, make sure you don’t miss a crucial step by following our tutorial when buying a house

Find an estate agent where you’re looking to buy in Ardwell

When buying, having the right expertise when navigating Ardwell and the property market can be a great advantage. So, don’t make things harder for yourself and tackle a home purchase on your own. Browse our list of reputable estate agents below to help you on your house hunt!

Name of the Agent Email Address Address Phone Number
Galloway & Ayrshire Properties Tom Murray (tom.murray@gapinthemarket.com) 28 Victoria Street 441671402104
JB Graham Rural & Residential Estate Agents Phone number only Burnside Cottage, Main Street, Lochans, DG9 9AW 441776859010
South West Property Centre Phone number only Charlotte Street, Stranraer, DG9 7ED 441776859014
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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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