- 1 We help you find the right agent
- 2 Thinking of a different city and perhaps a different location?
- 3 In Borthwick, what are the demographics like?
- 4 In general, what do houses for sale sell for in Borthwick?
- 5 Choose the right house for sale that suits your needs
- 6 Professional advice for houses for sale in Borthwick
- 7 Why you should consider the average rental yield when searching for houses for sale in Borthwick
- 8 What is the asking price on average of houses for sale in Borthwick?
- 9 Frequently Asked Questions
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 Borthwick, Midlothian.
From the average asking price of houses for sale in Borthwick, to the growth of the population in the area, all will be talked about regarding the city of Borthwick. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
Thinking of a different city and perhaps a different location?
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 Borthwick 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:
- fareham in Scotland
- hackney in Scotland
- blackford in Scotland
- castlemilk in Scotland
- alpraham 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.
In Borthwick, what are the demographics like?
Is the city of Borthwick 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 Borthwick is no relevant data for this city.
What salary does the community in Borthwick take home?
As earning potential goes up in a city, so does the quality of schools in the area, the general infrastructure and the social grade score (no relevant data for this city). All in all, the area becomes a more desirable place to live in.
This is why it is vital to pay attention to how much people are making annually in any city you plan on making a house purchase in. In Borthwick, this works out to be no relevant data for this city. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
Is there sufficient green space in Borthwick?
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 Borthwick, 40 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 Borthwick.
In Borthwick, what is the social grade score?
Most of the time, the social grade score of a city is what it takes to determine what the economic levels are like as this score refers to what type of jobs the people of the area generally work as. So, from highly skilled, managerial roles, to the manual labour workers of the UK, how does Borthwick compare?
At the highest end of the scale (A) jobs that are managerial administrative or professional are all lumped into this category. On the other hand, there is the lowest grade (E) where workers who are on benefits, state pensions or work casual jobs fall into.
In Borthwick, the percentage of people who work in the two highest skilled categories of this scale (A and B) is no relevant data for this city.
So you can compare this data, here is the estimated grouping of the social grades of the UK for the general population. Adding the two highest categories of A and B and comparing this percentage to the high social grade score which combines A and B should give you a good comparison.
|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|
In Borthwick, how educated are people in general?
Interestingly, the percentage of people who have a degree in the city of Borthwick 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 Borthwick 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.
In the city of Borthwick, has the population grown or shrunk?
Population growth in Borthwick 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 Borthwick, 7875 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 Borthwick 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 Borthwick, this change has been 7%. 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 7%. Click here to know more on the UK population trends.
Over the last decade, how has the population differed in Borthwick?
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 13% in Borthwick.
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.
Located in Midlothian is the city of Borthwick, 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 Borthwick 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 Borthwick 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.
Is the crime rate bad in the city of Borthwick?
For every one thousand people living in Borthwick, no relevant data for this city commits crimes and are prosecuted. Coming to a conclusion as to whether all the other factors of your house purchase like the house price justify this figure when contrasting it with the UK average of 79.52 is something you should do as a homeowner.
It could be that the crime rate is higher than you expected but there it is worth the population growth, appreciation of the house and worth the relative price you are purchasing the house for.
Nonetheless, the crime rate of no relevant data for this city is not a statistic that should just be ignored as you could have to pay more for things like home insurance and install additional security on your house if the rate is particularly high.
Either way, burglaries are not something you would want to encounter in a house. Whether that be a house you are living in or a house you are renting out to tenants.
In general, what do houses for sale sell for in Borthwick?
There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Borthwick. In Borthwick, this sale price works out to be £198,950. As an example, a factor like population growth over the last 10 years which works out to be 13% in Borthwick and impacts house prices of the houses for sale.
|Housing category||Total final sale price|
|Average sold price (detached)||£265,478|
|Average sold price (semi-detached)||£190,751|
|Average sold price (terraced)||£173,632|
|Average sold price (flat)||£118,282|
Above, the exact type of house is also shown to vary in price in a table in Borthwick. 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||£2,120|
|Average sold price/sqft (new build)||£1,690|
|Average sold price/sqft (old stock)||£2,080|
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 Borthwick which is £2,120. 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.
Choose the right house for sale that suits your needs
What parameters impact the final price of a house for sale in Borthwick?
Here below is our list with the most important ones:
House for sale affordability – check out the (see house affordability guide)
on the UK gov website to know more
House Location – the actual location of a house for sale drastically changes the final price of a property
Transports you can reach by foot – Commuting is part of our lives, especially in big cities, check it out before buying a house for sale.
Number of bedrooms – Usually, the bigger the house for sale the more bedrooms it will have. For example, if you are a single person (or a couple) one bedroom will do.
Energy Performance Certificate of the house for sale – Bad EPCs can result in thousands of pounds more in bills you will have to pay on an annual basis. Consider this when purchasing a new property.
Internet connection – Having a quick internet connection is fundamental nowadays. Check the area of the house for sale to understand what the average internet speed is and see if it fits your needs
Do you drive to the office? – If yes, ask about parking. Is it included in the house price?
Special areas – Start by taking a look at the National Heritage list by the UK government. If a house listed for sale appears in the list, the future landlord won’t be able to invest in changes to the real estate asset.
Houses for sale Conditions – When looking for houses for sale you should always consider the amount of time and money you will have to invest to complete the needed repairs, if any at all.
Professional advice for houses for sale in Borthwick
Nowadays, there are so many properties on the real estate market that it can be difficult to decide which one is the best house for sale for you.
So, who can help you navigate the process of choosing a house for sale?
The number of professionals that offer real estate investors advice and assistance is broad and when it comes to dealing with houses for sale, the process can be complex.
Find here a list of those that can help when buying a house for sale:
- Moneylender – lends you the sum of money you need to buy the house for sale you are looking for
- Insurance agent – A firm that provides several insurances and protections for the house for sale that might become your future house
- Solicitor – A person or company that will sort out the legal work needed before buying a house for sale
- Civil engineer – Also called surveyor, he or she will provide you with an independent valuation of the house for sale you are willing to buy
- Mortgage advisor – Realistically, you will need a mortgage in order to afford to buy a house for sale. Mortgage advisors will guide you and propose the best mortgage deals based on your financial records
- EPC specialist – Especially nowadays, getting professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering buying is crucial
Why you should consider the average rental yield when searching for houses for sale in Borthwick
In Borthwick, how has the number of houses changed?
Before committing to Borthwick 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|
|Borthwick growth rate||-13%||-5%||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 Borthwick is building housing to find your answer.
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Borthwick, 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 asking price on average of houses for sale in Borthwick?
On average, in Borthwick, the asking price for a house for sale in the area is £225,453.
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 Borthwick. 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.
Average price of houses for sale in Borthwick
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£163,307|
|Average asking price (3 bed)||£238,799|
|Average asking price (4 bed)||no relevant data for this city|
|Average asking price (5 bed)||no relevant data for this city|
After looking at this table about prices of houses for sale in Borthwick, someone who is buying a home would have a detailed understanding of what kind of house for sale is available on the market that 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 holistic understanding.
Frequently Asked Questions
If you are a landlord, should you renovate a property in the city of Borthwick?
Amidst the urban landscape of Borthwick, an intriguing figure for determining if a property can be renovated is the success of planning permission. The monthly total of planning applications in the area is no relevant data for this city and on the other hand, there is a planning success rate of nan. It is also useful to take into consideration the population size of the area (7875).
What is the monthly count of property transactions in Borthwick?
The city of Borthwick sees around no relevant data for this city property transactions every month, while the nationwide figure for the whole of the United Kingdom stands at roughly 1.1 million property sales.
How does the population in a city like Borthwick change annually?
To assess the shifts in Borthwick’s population over time, analyse how the population has altered. Look at the ten year change of population of 13%, alongside the five-year change of 7%.
How much are houses for sale priced at in the extended region of Borthwick?
Currently, the mean asking price of a house in Borthwick is £0, calculated using the average value per square foot
Is a house for sale in Borthwick an expensive choice?
To work out if you are looking at an expensive property, find a house for sale and compare it to the average prices sell for. In Borthwick this number is £198,950 and in the average for the UK is £286,500. Also, make sure you don’t miss a crucial step by following our tutorial when buying a house