Contents
- 1 We help you find the right agent
- 2 Asking price in Bonnyton for a house for sale
- 3 What’s the rental yield in general for the city of Bonnyton?
- 4 Finding the ideal house for sale for you
- 5 In general, for the city of Bonnyton, what are the final purchase prices for the houses for sale?
- 6 houses for sale in other cities and regions in the UK
- 7 Get professional help on the houses for sale in Bonnyton
- 8 What are the demographics like in the city of Bonnyton?
- 9 Frequently Asked Questions (FAQ)
We help you find the right agent
At lofti we want to simplify your life and help you buy, sell or rent your property. We have assembled all the agent in Bonnyton to help you find the perfect agent for you
Bonnyton 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 Bonnyton.
On top of this, keep reading for detailed information on the demographics of Bonnyton in Angus. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.
Asking price in Bonnyton for a house for sale
Average prices for the houses for sale in Bonnyton
Average asking price (1 bed) | £61,923 |
Average asking price (2 bed) | £98,583 |
Average asking price (3 bed) | £170,142 |
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, the average asking price for the house for sale in the whole of Bonnyton is £0. This should show you the general prices overall and for individual types of houses too.
When investors make offers for houses for sale in Bonnyton, the average price asked by the homeowners works out to be £107,836.
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 Bonnyton 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.
What’s the rental yield in general for the city of Bonnyton?
Are there new houses being built in Bonnyton to make it grow?
Whenever you are thinking about looking for houses for sale in Bonnyton, 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 | |
---|---|---|---|
Bonnyton growth rate | -5% | 14% | no relevant data for this city |
As the population of Bonnyton 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.
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Bonnyton, 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).
Finding the ideal house for sale for you
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 Bonnyton.
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Affordability – check this article from the UK government to find out (see what house for sale you can afford)
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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.
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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.
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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.
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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.
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Wi-Fi speed – We recommend you check the internet plans available for the areas where you are considering to buy a house for sale
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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
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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.
In general, for the city of Bonnyton, what are the final purchase prices for the houses for sale?
There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Bonnyton. In Bonnyton, this sale price works out to be £108,250. As an example, a factor like population growth over the last 10 years which works out to be 2% in Bonnyton and impacts house prices of the houses for sale.
Housing category | Total final sale price |
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Average sold price (detached) | £226,007 |
Average sold price (semi-detached) | £157,873 |
Average sold price (terraced) | £116,095 |
Average sold price (flat) | £76,328 |
Above, the exact type of house is also shown to vary in price in a table in Bonnyton. 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 |
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Average sold price/sqft | £1,370 |
Average sold price/sqft (new build) | £1,230 |
Average sold price/sqft (old stock) | £1,380 |
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 Bonnyton which is £1,370. 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.
houses for sale in other cities and regions in the UK
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 Bonnyton 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:
- bladon in Scotland
- bredenbury in Scotland
- redbridge in Scotland
- willenhall in Scotland
- crabtree in Scotland
Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.
Get professional help on the houses for sale in Bonnyton
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
What are the demographics like in the city of Bonnyton?
How educated are the people in Bonnyton?
Interestingly, the percentage of people who have a degree in the city of Bonnyton 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 Bonnyton 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.
Bonnyton within Angus is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Bonnyton 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 Bonnyton.
Is the city of Bonnyton deprived?
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 Bonnyton 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.
In general, do people commit a lot of crime in Bonnyton?
The crime rate of Bonnyton 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’s a social grade score and how does it relate to Bonnyton?
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 Bonnyton 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 the city of Bonnyton, has the population grown or shrunk?
The city of Bonnyton has a total population of 36580. Large population sizes can be good to show there is a high demand for people to buy houses in the area but a better indication is if the population of Bonnyton is growing.
A small population city can also have high prices of houses for sale, because, if there is a growing population, and demand is still high, this could mean the house prices are pushed up.
Either way, a population must also be looked at in terms of the appreciation of the area as well as the rental yields and if the area really meets your needs.
The five year population change of Bonnyton
Over time, in the last five years, the population of the city of Bonnyton has changed by 0%. This figure can tell you a lot because a growing population indicates a house is likely to appreciate. Read more here
In addition, looking at the 10 year figure for population growth in the below paragraphs can give you further evidence as to what the change in population has been for a longer period of time. As a result, you’ll know if this 0% population change is something that has been there for a while or if it is a new trend. Click here to know more on the UK population trends.
What is the difference in population over the last 10 years in Bonnyton?
In the last 10 years, there has been a shift in the population of 2%.
Comparing this to the 5 year figure of Bonnyton can tell you if there is a long history of population growth or decline, if there are population fluctuations or if the trend is stable.
New industries opening up in the area, the addition of new jobs and also international and national migration might all be reasons for changes in population size. Resulting in people moving in or leaving an area.
A good example of a quick change in population was in Stratford, London in 2012. Here, there was an increase in government spending in the area because of the Olympics which resulted in massive population growth.
How much do people in Bonnyton 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 Bonnyton.
How much green space is available to residents of Bonnyton?
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 Bonnyton, 16 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 Bonnyton.
Frequently Asked Questions (FAQ)
If you are a landlord, should you renovate a property in the city of Bonnyton?
Bonnyton is likely to be a great place for revamping property if there is a lot of greenlit planning permission. The are no relevant data for this city each month, attaining a success rate of no relevant data for this city and a total population of 36580. You can find out if this is above or below similar areas in the UK by comparing it to a nearby place
What’s the number of property sales each month in Bonnyton?
no relevant data for this city property transactions are reported in Bonnyton each month, alongside a broader picture of approximately 1.1 million property sales across the UK.
How does the population in a city like Bonnyton change annually?
To work out how the population of Bonnyton has changed over time, you can look at the population change over a decade which is 2% and the change in a five year period two which falls at 0%. Compare the two and look at the population growth or decline in recent times to really make sure you have a good understanding of the population
What is the asking price for houses for sale in the wider region of Bonnyton?
The current average price per square foot for a house in Bonnyton stands at £0, considering the mean cost for each square foot of houses for sale there.
Would acquiring a house for sale in Bonnyton be regarded as a high-priced option?
To assess the affordability of a property, locate a house for sale and contrast it with the mean selling prices. In Bonnyton, the value is £108,250, whereas the UK’s mean is £286,500
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