Ashiestiel – What to look for in houses for sale?

by | Nov 15, 2022

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Ashiestiel 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 Ashiestiel.

On top of this, keep reading for detailed information on the demographics of Ashiestiel in Scottish Borders. This is crucial in finding out if the area is worth for looking at houses for sale in the UK for an investment over the long term too.

In Ashiestiel, what are the demographics like?

Is the crime rate bad in the city of Ashiestiel?

In Ashiestiel, for every 1000 people, there is currently a crime rate of no relevant data for this city. This can be compared to the national average of 79.52 for every 1000 people.

Low crime rates are desirable for your safety as a homeowner. Even if you don’t tend to leave the house too often and tend to not mind living in a slightly more dangerous area. Things like burglaries are always a possibility which could harm your ability to pay for home insurance and also may force you to install additional security in your home that can cost you further.

Having said this, you can look at the crime rate on a deeper level to find out what the threats are exactly. It could be the case that a proportion of these crimes (no relevant data for this city for every 1000 people) come from things like anti-social behaviour rather than more serious crimes like violence and sexual offences.

If this is the case you may be more willing to look over a high crime rate within the areas you’re looking to buy a home.

What is a social grade score and how does this relate to Ashiestiel?

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 Ashiestiel, 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 the city of Ashiestiel, has the population grown or shrunk?

Population growth in Ashiestiel is important to know if there is housing demand and the total population may also be looked at as large populations commonly have a lot of buyer demand.

In Ashiestiel, 17,554 people live in the city as their main place of residence.

It is important to note that it is not the case that everyone likes a large population to live in. People who tend to prefer a more relaxed life are more likely to buy or rent somewhere to live that has a small population and perhaps also wouldn’t mind if the population isn’t growing.

Other people also like to have a mix of both. Where they can visit rural areas and also benefit from the amenities of a busy city.

In Ashiestiel in the previous five years, have population numbers transformed?

Five years may seem like a long time but it is rare for a city to grow that much unless there is dramatic population growth. In Ashiestiel, this change has been 1%. Read more here

Someone who wishes to find out how this change has occurred over a longer period of time may also wish to read the headings below and see if the change has continued throughout the past decade too. Or if the change is only true for the more recent figure for five years of 1%. Click here to know more on the UK population trends.

Over the last decade, how has the population differed in Ashiestiel?

Populations change all the time but if there is a clear change in population in the last ten years this is even more reliable data about the population of the area as opposed to five. This adjustment in population works out to be 1% in Ashiestiel.

What this statistic is like in comparison to the population change in five years should provide you with a comprehensive understanding of what direction the population is heading in.

In recent years because of the pandemic, it is common to see dramatic differences in the population change in the last five years when comparing it to ten as people realise they can work from home but still keep the current jobs they have.

This means they can move to cities they wouldn’t have considered otherwise and be location-independent of their source of income. Perhaps making a longer commute into the office every week for example.

How much green space is available to residents of Ashiestiel?

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 Ashiestiel, 20.0 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 Ashiestiel.

How much are those living in Ashiestiel earning?

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 Ashiestiel, 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.

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

In Ashiestiel, the proportion of people who have a degree is no relevant data for this city. Generally speaking, as the number of people with degrees increases, the more people are able to afford houses to buy as a degree is a good indicator of a higher income. To put this into perspective, the average income of Ashiestiel is no relevant data for this city.

This figure for average household income usually goes up alongside the percentage of people who have degrees.

However, this is not a hard and fast rule, there are many factors influencing the buying power of a population and hence the appreciation of housing and the number of houses for sale in the area. This can include the rental yields of the area and other demographic statistics like crime rate.

Nonetheless, it cannot be argued that those with degrees tend to live in more affluent areas as 82% of people who achieve a first in degree level education are owners of the place they live.

Are the deprivation levels of the UK any different to Ashiestiel?

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 Ashiestiel is no relevant data for this city.

Ashiestiel 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, Ashiestiel 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 Ashiestiel.

In Ashiestiel, what are the rental yields?

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 Ashiestiel 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 Ashiestiel.

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)
Ashiestiel no relevant data for this city no relevant data for this city no relevant data for this city 37.0%
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 Ashiestiel.

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 (25) will be useful.

What is the growth in the housing market of Ashiestiel?

Whenever you are thinking about looking for houses for sale in Ashiestiel, 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
Ashiestiel growth rate -7% no relevant data for this city no relevant data for this city

As the population of Ashiestiel 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.

In general, for the city of Ashiestiel, what are the final purchase prices for the houses for sale?

In Ashiestiel, the average sale price of a house for sale is in fact £128,360. This is dependent on the 10 year population growth of Ashiestiel being 1%. Growing populations are more likely to inflate the prices of houses for sale in the city of Ashiestiel.

Housing category Total final sale price
Aerage sold price (detached) £236,436
Aerage sold price (semi-detached) £157,580
Aerage sold price (terraced) £125,309
Aerage sold price (flat) £74,184

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 Ashiestiel.

Housing category Sale price per square foot
Aerage sold price/sqft £1,430
Aerage sold price/sqft (new build) £1,270
Aerage sold price/sqft (old stock) £1,440

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 £1,430. This means if you are just looking out the houses sold in Ashiestiel in general and didn’t take into consideration the type of build. For example, a new build.

What are the asking prices for the houses for sale in the city of Ashiestiel?

As you go ahead and make offers on a house for sale, it is sometimes best to know what other people are offering for the same type of house for sale so you know what to offer yourself to get a good deal. So you should know, the average asking price of Ashiestiel is £153,894.

Even though the asking price is not what the eventual price the house is sold at, making a note of the averages for the city of Ashiestiel is useful when negotiating and knowing what to expect for every type of house for sale.

Average price of houses for sale in Ashiestiel

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £113,998
Average asking price (3 bed) £165,250
Average asking price (4 bed) no relevant data for this city
Average asking price (5 bed) no relevant data for this city

Based on this table, hopefully, you will be able to tell what type of house for sale is the most suitable for your budget. You can also consider the average asking price per square foot (£0) for houses for sale with this table to get a good idea as to whether Ashiestiel is the right area to buy a house in for you.