As a landlord, whenever you are looking at houses for sale in Dumfries and Galloway, you could find varying prices throughout an area like Auchenmalg. In this article, this data will be simplified so you can find all of the data on one, convenient page.
So, from the rental yield of Auchenmalg to the success you may expect to get when submitting planning permission. Everything you need to know about house for sale in the UK and in Auchenmalg will be revealed. Keep reading.
In Auchenmalg, what is the asking price in general for a house for sale?
In the city of Auchenmalg, 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)||£110,824|
|Average asking price (3 bed)||£162,826|
|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 Auchenmalg is £0. This should show you the general prices overall and for individual types of houses too.
On average, in Auchenmalg, the asking price for a house for sale in the area is £157,500.
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 Auchenmalg. 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.
What are the people like in Auchenmalg?
How educated are the people in Auchenmalg?
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 Auchenmalg 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 Auchenmalg, 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.
How much do people in Auchenmalg 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 Auchenmalg this figure is no relevant data for this city.
What’s a social grade score and how does it relate to Auchenmalg?
In the city of Auchenmalg, 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 Auchenmalg.
|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|
What’s crime like in Auchenmalg?
The crime rate of Auchenmalg 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.
What does the population of Auchenmalg look like?
Population growth in Auchenmalg 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 Auchenmalg, 12,948 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 Auchenmalg 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 Auchenmalg, 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 Auchenmalg?
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 -2% in Auchenmalg.
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.
Auchenmalg in the county of Dumfries and Galloway is notable for its specific demographics and has individual characteristics.
For localised cities and the bigger areas of the UK there are wide variations in the demographics that shape an area so the same is also true for the wider region Auchenmalg is located in; Scotland.
Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Auchenmalg, what the social grade score of the city is like and if the green space matches the recommended levels people living in the UK should have.
Do the people of Auchenmalg get to enjoy green space?
Whether you view green space in Auchenmalg 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 Auchenmalg, the number of acres of green space for every 1000 people currently is 36.4 which can be measured against the UK average of 1.7.
How deprived is the population of Auchenmalg?
Deprivation of a city is defined as the number of people who are considered to not be earning enough to sustain their lifestyle. The UK average of deprivation nationwide is 33% so comparing the figure of no relevant data for this city for Auchenmalg should give you a nice idea of the deprivation in the area.
What is the final sale price of a house in Auchenmalg?
In Auchenmalg, the average sale price of a house for sale is in fact £123,684. This is dependent on the 10 year population growth of Auchenmalg being -2%. Growing populations are more likely to inflate the prices of houses for sale in the city of Auchenmalg.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£173,836|
|Aerage sold price (semi-detached)||£100,340|
|Aerage sold price (terraced)||£93,605|
|Aerage sold price (flat)||£62,714|
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 Auchenmalg.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£1,150|
|Aerage sold price/sqft (new build)||£1,150|
|Aerage sold price/sqft (old stock)||£1,110|
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 £1,150. This means if you are just looking out the houses sold in Auchenmalg in general and didn’t take into consideration the type of build. For example, a new build.
Always consider average rental yield when searching for houses for sale in Auchenmalg
Are there new houses being built in Auchenmalg to make it grow?
Before committing to Auchenmalg to make a housing investment, an investor should always ask the question, what is the growth like in the area?
So take a look below at the growth patterns of the previous years displaying the percentage of new houses being built. This will help you understand how the number of houses for sale will evolve in the future.
|1 year||3 years||5 years|
|Auchenmalg growth rate||1%||20%||no relevant data for this city|
Whether housing growth actually changes the price of a house depends on if the city in question is outstripping demand with the supply of new housing. You’d have to do some more research on what rate Auchenmalg is building housing to find your answer.
Let’s consider that you’re not looking to buy a house for sale to live in for the long term future such as if you changed location with your family and want to settle down and you want to find somewhere to buy as an investor in Auchenmalg. If this is the case, rental yield is a crucial statistic to consider.
If looking to invest, you should also consider other data about the area. The average rental income, the turnover of the sale of the house and what the net rental yields are like for the area do also have an impact on the final price of houses for sale in Auchenmalg.
It is clear to see from the table below that there is a difference between all of these pieces of information and how they can be compared and contrasted on a county level (Dumfries and Galloway), a regional level (Scotland) and finally on the level of the city talked about in this article, Auchenmalg.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Auchenmalg||no relevant data for this city||no relevant data for this city||no relevant data for this city||28.0%|
|Dumfries and Galloway||no relevant data for this city||no relevant data for this city||no relevant data for this city||44.07%|
You may also find it useful to compare the data above to the number of properties sold per month Auchenmalg experiences. This figure for house sales per month is 20. Looking at all this information holistically is what a smart investor should do when deciding on the right area for investment before looking for houses for sale.
Advice from experts on properties for sale in Auchenmalg
Considering all the above data and information provided, you may want know who can help you buy a house for sale.
Lots of professionals offer property investors and first-time buyers advice and assistance in dealing with the process of acquiring a house for sale.
Below, you can find a list of professionals that come in handy when looking for houses for sale:
- Lender – Is someone capable of lending you the money you need to complete the purchase of the house for sale
- Insurer – Insurance companies provide building insurances and other financial products you need to protect your real estate assets
- Conveyancer – This professional will take care of the legal work needed when looking for a house for sale
- Surveyor – Use this professional to assess the condition of the house for sale you are willing to buy, get an independent valuation and feel more comfortable when negotiating the final price
- Mortgage broker or adviser – Different buyers can access different mortgages to buy a house for sale. Let the mortgage broker suggest to you which one is the best given your financial situation
- Energy professional – Nowadays is more important than ever, to get professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering as your next investment
House for sale in the same UK region
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 Auchenmalg:
- Auchentiber in Scotland
- Barcaldine in Scotland
- Duddingston in Scotland
- Galston in Scotland
- Comrie in Scotland
You may also refer to our landing page specific to UK houses for sale, houses for sale in the UK
Invest in a house for sale that meets your demands
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 Auchenmalg.
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.