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Bowling 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 Bowling.
On top of this, keep reading for detailed information on the demographics of Bowling in West Dunbartonshire. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.
What’s the rental yield in general for the city of Bowling?
In Bowling, how has the number of houses changed?
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 Bowling that shows the growth in recent years.
1 year | 3 years | 5 years | |
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Bowling growth rate | 23% | 6% | 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 Bowling is important.
The figure of rental yield is commonly looked at by investors who wish to increase their income by investing in areas where rental yields of the houses for sale are higher. Usually, the higher the rental yield, the more attractive a house for sale is for an investor. This is why it is common for landlords to increase rent using section 13, to maximise this yield, as it is so important.
Nonetheless, there are also instances where an investor will go with a house with lower yields in order to benefit from the appreciation of a house too which is why it’s vital to look into all the details of Bowling.
The data below shows the rental yield, rent turnover and the percentage of the money made on the sale of a house. The data is broken down into the county city is in (West Dunbartonshire) as well as the broader region; Scotland.
Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
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Bowling | no relevant data for this city | no relevant data for this city | no relevant data for this city | £2 |
West Dunbartonshire | no relevant data for this city | no relevant data for this city | no relevant data for this city | 120.50% |
Scotland | 0.05 | 871.42 | £1 | 59.40% |
Also, you can compare other data to the table above such as the number of houses sold per month in Bowling which is no relevant data for this city and get a better understanding of the housing market.
This is great if you want to gauge if investors are actively looking for houses for sale in the area over other areas in the UK which may be an induction of how profitable Bowling is to invest in. Both in terms of rental yield and capital appreciation.
In Bowling, what is the asking price in general for a house for sale?
When speaking about the city of Bowling, £111,195 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 Bowling 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 Bowling, 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) | no relevant data for this city |
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 |
Reading the table above should therefore give you a good idea of the type of house for sale that is within your budget in Bowling and if you may need to look at a different area in order to buy the type of house you can afford.
Also, noting the £0 should also give you an overview of what the asking price for houses for sale are in general.
houses for sale in other cities and regions in the UK
You can consult our list below that goes over a list of cities not necessarily in Scotland, allowing you to find similar places to Bowling:
- easingwold in Scotland
- abbots-langley in Scotland
- ashton in Scotland
- annesley in Scotland
- busbridge 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
In general, what do houses for sale sell for in Bowling?
In Bowling, the average sale price of a house for sale is in fact £121,699. This is dependent on the 10 year population growth of Bowling being -3%. Growing populations are more likely to inflate the prices of houses for sale in the city of Bowling.
Housing category | Total final sale price |
---|---|
Aerage sold price (detached) | £261,620 |
Aerage sold price (semi-detached) | £190,272 |
Aerage sold price (terraced) | £127,419 |
Aerage sold price (flat) | £84,147 |
The list below is able to inform you of what these prices are. Giving you an accurate estimate of whether a landlord is likely to accept your offer based on the prices of the houses for sale in Bowling.
Housing category | Sale price per square foot |
---|---|
Aerage sold price/sqft | £1,930 |
Aerage sold price/sqft (new build) | £2,190 |
Aerage sold price/sqft (old stock) | £1,860 |
Evidently, certain types of houses for sale will have different types of demand and this will be reflected on the final price.
On average, the cost of a house for sale per square foot works out to be £1,930. This means if you are just looking out the houses sold in Bowling in general and didn’t take into consideration the type of build. For example, a new build.
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 Bowling.
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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.
Professional advice for houses for sale in Bowling
Who should you talk to while going through the process of making an offer on a house for sale?
Several experts specialise in giving advice to property investors or to first time potential buyers.
Since the process of finding the right house for sale can take months, you have all the time to consult with the experts you might need.
Find here a list of those you should contact to get professional guidance and assistance when purchasing a house for sale:
- Lender – This practitioner can lend you money to finalise a house purchase
- Insurer – Insuring companies will provide you with the insurance policy you need to protect the house for sale you want to buy
- Legal representative – This professional is usually there to handle all the legal tasks associated with purchasing a home for sale.
- Surveyor – Carries out and independent valuation on the house for sale based on its conditions. It is very useful to understand the correct price before making an offer
- Mortgage specialist – Mortgage advisors works on commissions. They will get a cut from the bank and will guide you with offering the best deals given your financial situation
- Energy assessor – We strongly suggest you to invest in a professional assessment of the Energy Performance of the house for sale you want to purchase
Are there any important statistics about the population of Bowling?
How much are those living in Bowling earning?
Typically, as people earn more money, the more they are able to afford and the better house prices in the area because demand goes up. You could also infer that the amenities such as schools, parks and public areas are generally of high quality as a result.
For these reasons, it could be argued that areas where people earn more money are generally nicer arrears to live in which also attracts more people as a result and further drives up house prices in the area.
To see if this phenomenon occurs in Bowling. Compare the area’s average household income of no relevant data for this city to the average household income in the UK at price34,000. Adding to this, compare it with the figure for the highest social grade score too at no relevant data for this city for more conclusive data on the affluence of the area.
What does the population of Bowling look like?
Population growth in Bowling 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 Bowling, 5527 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 Bowling 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 Bowling, this change has been -1%. 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 -1%. Click here to know more on the UK population trends.
Over the last decade, how has the population differed in Bowling?
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 -3% in Bowling.
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.
Is the education level of Bowling important when buying a house?
In the city of Bowling, no relevant data for this city of people have degrees. In general, as the number of people who are highly educated goes up, the more likely they are to have the ability to buy houses as their annual household income goes up too.
So you can see for yourself, the average income for the people of Bowling is no relevant data for this city. This generally goes up with the education level of the area. Additionally, looking at the difference between the proportion of people with degrees and the UK average for this statistic (22.6%) should give you an idea of the affluence and education of the city.
A higher education level can therefore tell you if the house prices are likely to be high as the higher income level often results in people buying a bigger, more valuable house.
Having said this, whale education level can be a good factor to go by, there are also things like the rental yields, the population growth and social grades scores that can impact the value of a house and whether it will go up in value as time goes on.
Is there sufficient green space in Bowling?
Whether you view green space in Bowling as important to you as a homeowner is up to your personal preferences. Having said this, there is a clear benefit on the overall health of people who live near green space as the government has stated keeping green space in proximity to people is one of the biggest factors for combating obesity.
In Bowling, the number of acres of green space for every 1000 people currently is 15 which can be measured against the UK average of 1.7.
The city of Bowling, situated in West Dunbartonshire, is a particularly impressive part of the UK because of the specific demographics of the location.
In the below headings, the city of Bowling 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 Bowling. So, taking a good look at the data is essential to understand the area you are considering to buy in.
What is a social grade score and how does this relate to Bowling?
In the city of Bowling and throughout the UK, the social grade score is assessed by observing what type of jobs people have and then grouping this into a grading system.
In general, the people at the top of the scale (the A category) have the highest paid, most skilled jobs and this is just 4% of the general UK population. On the lower end of the scale, people who are on benefits, state pensions and also manual workers all are grouped into this category that represents the most unskilled.
When trying to determine if the area of Bowling has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is no relevant data for this city.
Below, you can see how this compares to the National average as the average for the top two categories nationwide is 27% (Adding together the A and B categories)
Social Score | Category | The proportion of the UK population (%) |
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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 general, do people commit a lot of crime in Bowling?
In Bowling, for every 1000 people, there is currently a crime rate of 200%. 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 (200% 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.
Is the city of Bowling 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 Bowling is no relevant data for this city.
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