As a landlord, whenever you are looking at houses for sale in Argyll and Bute, you could find varying prices throughout an area like Bellochantuy. 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 Bellochantuy 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 Bellochantuy will be revealed. Keep reading.
What are the demographics like in the city of Bellochantuy?
In Bellochantuy, what is the crime rate?
Within Bellochantuy, 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.
For the city of Bellochantuy, 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 Bellochantuy 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 Bellochantuy, 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.
Are the people of Bellochantuy 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 Bellochantuy is no relevant data for this city.
What’s a social grade score and how does it relate to Bellochantuy?
The social grade of a city is useful when searching for a house for sale because it tells you what kind of jobs people have in the area. For example, there could be a lot of skilled manual workers or there could be a lot of pensioners and people on benefits.
The scale goes from a social grade of an A who are high managerial, administrative or professional workers to an E where people in this category are on state pensions, casual workers or unemployed on state benefits. The number of people in Bellochantuy in grades A or B which are the highest skilled roles in the country is no relevant data for this city.
Realistically, you can expect workers in this category to earn a higher salary too. For comparison, no relevant data for this city is the average household income of the area. You can see how this figure is congruent with the number of people in the top two categories of the social grade at no relevant data for this city.
In Bellochantuy, how has the population changed?
Population growth in Bellochantuy 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 Bellochantuy, 7362 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 Bellochantuy 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 Bellochantuy, this change has been -2%. 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 -2%. Click here to know more on the UK population trends.
Over the last decade, how has the population differed in Bellochantuy?
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 -4% in Bellochantuy.
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.
The city of Bellochantuy, situated in Argyll and Bute, is a particularly impressive part of the UK because of the specific demographics of the location.
In the below headings, the city of Bellochantuy 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 Bellochantuy. So, taking a good look at the data is essential to understand the area you are considering to buy in.
In the city of Bellochantuy, how much green space remains for residents?
In the city of Bellochantuy, there are 90 acres of green space per 1000 residents.
The charity, ‘Fields in Trusts’ recommends a minimum of 6 acres of green space per 1000 people so it is easy to see where Bellochantuy is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.
How much are those living in Bellochantuy earning?
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 Bellochantuy this figure is no relevant data for this city.
A house for sale that is right for you
Many criteria impact the price of houses for sale in Bellochantuy.
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.
Asking price in Bellochantuy for a house for sale
When speaking about the city of Bellochantuy, £118,829 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 Bellochantuy 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.
In the city of Bellochantuy, 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)||£88,364|
|Average asking price (3 bed)||no relevant data for this city|
|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 Bellochantuy is the right area to buy a house in for you.
How are rental yields of the houses for sale different to the rest of the UK in Bellochantuy?
Are there more or fewer houses being built in Bellochantuy?
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 Bellochantuy that shows the growth in recent years.
|1 year||3 years||5 years|
|Bellochantuy growth rate||-11%||43%||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 Bellochantuy is important.
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Bellochantuy, currently, no relevant data for this city people fall into this category.
Measuring this statistic against the nationwide average of 33% should give you a pretty good idea of where the city lies in the scale of poverty in the area and how much you can charge for rent in your ast (assured tenancy shorthold).
What is the final sale price of a house in Bellochantuy?
As well as looking at the asking price for house for sale in Bellochantuy, a sensible homeowner or investor will also consider the final price a house sells for. This final price may be influenced by elements like the amount people are earning in the area and what opportunities for employment there are in Bellochantuy.
Houses for sale, are sold on average in Bellochantuy, after the influence of these factors, at £100,518 as a result. And may be on the rise or decline depending on a combination of variables such as the crime rate, or population growth which was -4% over the last 10 years.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£199,935|
|Aerage sold price (semi-detached)||£114,546|
|Aerage sold price (terraced)||£83,663|
|Aerage sold price (flat)||£50,172|
This table above shows the average sale price for each variation of houses for sale in Bellochantuy.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£940|
|Aerage sold price/sqft (new build)||£860|
|Aerage sold price/sqft (old stock)||£920|
This final table looks at the price per square foot of houses for sale. Looking at the final table, you can take a further average and conclude that the average price per square foot of houses in general in Bellochantuy is £940.
This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.
Invest in houses for sale in Bellochantuy with the right professional advice
Choosing the perfect house for sale for you might be challenging in today’s market due to the abundance of available houses.
You may wonder who can guide you through the process of selecting a house that is for sale.
There are several experts that provide guidance and support to potential buyers and the procedure can be drawn out, particularly when dealing with houses for sale.
Here is a list of who to contact to get assistance when purchasing a house for sale:
- Banks – The ones that can lend you the money you need for the house for sale
- Insurance companies – Companies that give you access to various insurances specific to the house for sale you are considering to buy
- Solicitor – The individual or business responsible for handling the legal tasks required to purchase a home that is for sale.
- Civil engineer – Provides you with an appraisal of the house up for sale that you want to purchase.
- Mortgage advisor – Professional advisors that will guide you and propose the best mortgage deals according to your finances
- EPC specialist – Getting professional advice on the energy performance of the house for sale is crucial, especially nowadays.
House for sale in a different UK region
You can consult our list below that goes over a list of cities not necessarily in Scotland, allowing you to find similar places to Bellochantuy:
- dovecot in Scotland
- lydiate in Scotland
- dalston in Scotland
- greenwich in Scotland
- wycombe-marsh in Scotland
You may also refer to our webpage specific to UK houses for sale to get an overview of the large number of cities in the area, houses for sale in the UK
Do properties in Bellochantuy offer renovation potential?
Every single month in Bellochantuy, there are no relevant data for this city planning applications, of which no relevant data for this city result in a success. Look at this in terms of the population size of 7362 to work out if you think you’d have good planning success if you were to renovate.
What’s the number of property sales each month in Bellochantuy?
no relevant data for this city property transactions are reported in Bellochantuy each month, alongside a broader picture of approximately 1.1 million property sales across the UK.
What’s the year-over-year population change in Bellochantuy or similar cities?
When evaluating the population trajectory of Bellochantuy, explore the decade-spanning population shift of -4% and the five-year modification of population of -2%. By drawing comparisons, see if demographic changes in your chosen area is
prices for houses on sale in the broader vicinity of Bellochantuy?
The current average price per square foot for a house in Bellochantuy stands at £0, considering the mean cost for each square foot of houses for sale there.
Is a house for sale in Bellochantuy an expensive choice?
Calculate if a property is on the pricier side by matching a listed house for sale against the mean selling prices. In Bellochantuy, this value is £100,518, compared to the UK’s average of £286,500.