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How much does a house for sale cost in Belhaven?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in Scotland $ How much does a house for sale cost in Belhaven?

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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 Belhaven, East Lothian.

From the average asking price of houses for sale in Belhaven, to the growth of the population in the area, all will be talked about regarding the city of Belhaven. So you will get better clued up on the area, and make finding a house for sale in the UK easier.

Are there any important statistics about the population of Belhaven?

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

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 Belhaven, the city has no relevant data for this city 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 Belhaven.

What is the population of Belhaven?

Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Belhaven if 10810 and in the below heading how this population has changed will be broken down.

Like most data to do with houses, all data has to be considered holistically with multiple variables to determine if the population growth actually impacts the statistics that matter to you as a landlord in Belhaven such as rental yield or house appreciation.

How has the population size of Belhaven adjusted in the last 5 years?

In the previous five years there has been a change in the number of people of Belhaven by 5%. Analysing this figure is a great way to tell if there is new demand for housing or not as a decreasing figure reduces the number of people who want to buy houses. Read more here

To compare this figure over a greater period of time, you could look at the figure for the 1 year population too and compare them. This way you can see if the population has changed recently or if this 5% change has historically occurred before. Click here to know more on the UK population trends.

Over the last 10 years, how has the population size adjusted in Belhaven?

In the last decade, the population of Belhaven has been adjusted by 9%. This growth may be as a result of factors like new industries employing people or emigration and immigration balancing out to create this population change.

A precedent that shows population change in this way over decades is the region of Greater London. The capital city has grown by 27% in the past 20 years. Population growth has caused house prices to go up to price523,666 on average.

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

In Belhaven, the proportion of people who have a degree is 26%. 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 Belhaven 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.

Belhaven in the county of East Lothian 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 Belhaven 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 Belhaven, 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.

How much do people in Belhaven earn?

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 Belhaven.

In Belhaven, what is the social grade score?

In the city of Belhaven, 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 Belhaven.

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 Belhaven?

For the city of Belhaven, crime rate is at no relevant data for this city. So for every 1000 people in the area, no relevant data for this city commit a crime which is prosecuted. Paying close attention to this figure of crime rate is not only important for the value of a house but also to calculate the maintenance cost of owning a house and how attractive an area can be for future buyers.

So, compare it to the nationwide average of 79.52 per 1000 people and consider if you are happy with this figure based on the price you’re paying for a house you’re interested in.

On top of this, houses that are in areas where there is a high crime rate tend to have to pay higher insurance rates, costing a homeowner in the long term.

Additionally, paying for further security on a house such as CCTV or potentially gates and fences that deter thieves may be necessary for an area with a high crime rate.

How deprived is the population of Belhaven?

The number of people who are deprived can have an impact on the perception of your house in the general marketplace. Additionally, if you are looking for a house to live in for the long term, you can start to picture what your neighbours and the people in your area live like financially.

If the proportion of deprivation of Belhaven is £0 and in general for the UK this figure is somewhere around 33%, you can see if this figure is something you are happy with as you search for a house to buy.

Other cities in different locations you can consider to buy property

We have prepared a list of cities that are entirely dissimilar to the region of Scotland, perfect if you are looking for somewhere similar to Belhaven but want to relocate to a different region entirely. You should then be able to evaluate the different houses for sale listed in the region:

Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.

What is the final sale price of a house in Belhaven?

There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Belhaven. In Belhaven, this sale price works out to be £242,858. As an example, a factor like population growth over the last 10 years which works out to be 9% in Belhaven and impacts house prices of the houses for sale.

Housing category Total final sale price
Average sold price (detached) £314,193
Average sold price (semi-detached) £196,396
Average sold price (terraced) £195,228
Average sold price (flat) £145,455

Above, the exact type of house is also shown to vary in price in a table in Belhaven. You may think that the bigger the house is the more expensive, but actually, this table is more based on the demand for the properties in each category.

Housing category Sale price per square foot
Average sold price/sqft £2,200
Average sold price/sqft (new build) £2,220
Average sold price/sqft (old stock) £2,170

In addition, here is the price per square foot. By taking this data and doing an average, it is also possible to work out the average square foot of houses in Belhaven which is £2,200. From here you can get a sense of the price of the overall housing market and therefore, also find out the prices of the houses for sale.

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 Belhaven.

  • 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.

What’s the rental yield in general for the city of Belhaven?

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 Belhaven this statistic is what you were looking for.

Data should also be compared to the broader region of the UK (Scotland) alongside East Lothian 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 Belhaven.

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)
Belhaven no relevant data for this city no relevant data for this city no relevant data for this city £0
East Lothian no relevant data for this city no relevant data for this city no relevant data for this city 46.20%
Scotland 0.05 871.42 £1 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 Belhaven.

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 (no relevant data for this city) will be useful.

Are there more or fewer houses being built in Belhaven?

Before committing to Belhaven 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
Belhaven growth rate -8% 12% 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 Belhaven is building housing to find your answer.

What is the asking price on average of houses for sale in Belhaven?

Average prices for the houses for sale in Belhaven

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) no relevant data for this city
Average asking price (4 bed) £366,583
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 Belhaven has a lack of supply of housing in certain categories.

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 Belhaven is £297,591.

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 Belhaven is useful when negotiating and knowing what to expect for every type of house for sale.

Invest in houses for sale in Belhaven with the right professional advice

In today’s market with an abundance of homes available for sale, choosing the best house for sale can be challenging.
With several houses for sale to choose from, who will guide you through the process of choosing?
We have listed here below several experts and companies able to advise and support potential buyers.

The process of finding and investing in a house for sale can be lengthy and time-consuming, this is why we suggest you consult with the following professionals:

  • Banks – Lend you the cash
  • Insurance companies – Insure your new real estate investment
  • Conveyancer – handles all the legal labour that is needed to proceed in buying a house for sale.
  • Surveyor – Carries out an independent and complete property valuation of the house for sale
  • Mortgage advisor – If you are thinking to get a mortgage to get the finances needed to afford to buy a house for sale, a mortgage advisor is the person you should be looking for
  • EPC person – Always get a quote on the Energy Performance Certificate of the houses for sale listed in a certain city

Frequently Asked Questions

Do properties in Belhaven have the potential for renovation?

If planning permissions are abundant in the vicinity of Belhaven, 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 nan, these prospects flourish against a population of 10810. A comparative analysis against other locations across the UK will lend you a good perspective of this data.

In Belhaven, how many property sales per month are there?

no relevant data for this city property transactions are reported in Belhaven each month, alongside a broader picture of approximately 1.1 million property sales across the UK.

In a city like Belhaven, what’s the yearly fluctuation in population?

When evaluating the population trajectory of Belhaven, explore the decade-spanning population shift of 9% and the five-year modification of population of 5%. By drawing comparisons, see if demographic changes in your chosen area is

What are the asking rates for houses for sale in the surrounding area of Belhaven?

The average cost per square foot for a house in Belhaven is presently £0.

Is purchasing a house in Belhaven considered a costly decision?

To assess the affordability of a property, locate a house for sale and contrast it with the mean selling prices. In Belhaven, the value is £242,858, whereas the UK’s mean is £286,500

Find an estate agent in the city of Belhaven

In order to buy a house in Belhaven you might need the service of an estate agent. To simplify the pain of looking for the nearest agent we have built a list of estate agents in your area, taking you straight to their website

Estate agent name Phone number Address of agent Email Address
Paris Steele 441368478981 116 High Street, Dunbar, EH42 1JJ Phone number only
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Download agent details

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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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