How much will you pay for a house for sale in Bellfield?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in Scotland $ How much will you pay for a house for sale in Bellfield?

As a landlord, whenever you are looking at houses for sale in East Ayrshire, you could find varying prices throughout an area like Bellfield. 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 Bellfield 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 Bellfield will be revealed. Keep reading.

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

There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Bellfield. In Bellfield, this sale price works out to be £97,404. As an example, a factor like population growth over the last 10 years which works out to be -1% in Bellfield and impacts house prices of the houses for sale.

Housing category Total final sale price
Average sold price (detached) £228,027
Average sold price (semi-detached) £121,070
Average sold price (terraced) £84,945
Average sold price (flat) £54,481

Above, the exact type of house is also shown to vary in price in a table in Bellfield. 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 £1,100
Average sold price/sqft (new build) £980
Average sold price/sqft (old stock) £1,130

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 Bellfield which is £1,100. 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.

In Bellfield, what is the asking price in general for a house for sale?

The average asking price for the houses for sale in the city of Bellfield

Average asking price (1 bed) £48,570
Average asking price (2 bed) £77,244
Average asking price (3 bed) £129,210
Average asking price (4 bed) £275,073
Average asking price (5 bed) no relevant data for this city

After looking at this table about prices of houses for sale in Bellfield, someone who is buying a home would be able to know in great detail what kind of house for sale available on the market 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 wholistic understanding.

When investors make offers for houses for sale in Bellfield, the average price asked by the homeowners works out to be £106,883.

In the table below, for all the different sizes of houses in the area, the average asking prices have been displayed. This tells you what kind of house is more or less expensive and sought after despite houses with fewer bedrooms being overall less expensive anyway.

Any house that looks like it is overpriced for the number of bedrooms it has in Bellfield is typically not overpriced. It is just the case that that type of housing has a higher demand, therefore, people are willing to pay more.

In Bellfield, 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 Bellfield this statistic is what you were looking for.

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

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)
Bellfield 5.6% £500 no relevant data for this city 48.0%
East Ayrshire 4.95% £547 no relevant data for this city 53.52%
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 Bellfield.

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 (41) will be useful.

In Bellfield, how has the number of houses changed?

Whenever you are thinking about looking for houses for sale in Bellfield, 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
Bellfield growth rate -12% -10% no relevant data for this city

As the population of Bellfield 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.

Are there any important statistics about the population of Bellfield?

Is there sufficient green space in Bellfield?

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 Bellfield currently has 17.2 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 Bellfield in this case.

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

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 Bellfield is no relevant data for this city 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.

How much are those living in Bellfield earning?

By and large, a higher household income in a population can have positive effects on the crime rate and the quality of space. This is due to the fact that higher earners tend to buy houses where there are better schools and more desirable amenities that impact the quality of life someone has.

In Bellfield, the average income is no relevant data for this city. Measuring this figure against the average household income for the UK of price34,000 should tell you if the city is higher or lower earning.

When buying a house, use this statistic with other factors when making a decision too like the crime rate or the social grade score of no relevant data for this city to decide on what the demographics are like in the area.

Located in East Ayrshire is the city of Bellfield, in a large part of the UK; Scotland. Before you look for houses for sale in this area, it is a reasonable question to ask what the people who live there are like.

Below, the population of Bellfield has been dissected in terms of if the population is educated, what the crime rates are like and much more. All important factors to consider before making a house purchase among the offer of the houses for sale.

The knowledge below is based on a lot of different variables relevant to the city of Bellfield which impacts the profitability of making an investment here or how desirable buying a house to live in is if you want to live on a permanent basis.

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

Interestingly, the percentage of people who have a degree in the city of Bellfield is no relevant data for this city. Most of the time, the more people that have a degree, the higher the average household income and the more likely someone is to be able to afford to purchase a house. For example, the average income of the citizens in the area of Bellfield is no relevant data for this city.

Generally, areas with high numbers of people with a degree are also areas with more people likely to be home owners and therefore the value of houses and relative prices of the houses for sale are more likely to go up too.

Nonetheless, making predictions about the appreciation of a house also has to be considered alongside other factors like population growth and the rental yields of the area.

However, most of the time, being educated is a good indication of affluence with 82% of people graded a first in tertiary education going on to eventually own a house.

What is the population of Bellfield?

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 Bellfield is 29,088.

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 Bellfield.

In Bellfield, how has the population changed over the last five years?

In the last five years, over time, the change in population size was 0%. 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 Bellfield 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 (0%) 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.

Bellfield population difference over 10 years?

The population has adjusted in the area of Bellfield by -1% 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 Bellfield.

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.

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

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 Bellfield, 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).

What’s the crime rate in Bellfield?

In Bellfield, 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.