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 Clachan of Campsie, East Dunbartonshire.
From the average asking price of houses for sale in Clachan of Campsie to the growth of the population in the area, all will be talked about regarding the city of Clachan of Campsie. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
Always consider average rental yield when searching for houses for sale in Clachan of Campsie
Are there more or fewer houses being built in Clachan of Campsie?
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 Clachan of Campsie that shows the growth in recent years.
|1 year||3 years||5 years|
|Clachan of Campsie growth rate||11%||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 Clachan of Campsie is important.
If you’re buying a house for investment rather than for the reason to live in the house over time and use the house as a place to stay in the long term, there is a need to look at the rental yield figure to see if the house for sale you are considering to buy is a good investment or not.
This figure is usually looked at by investors as well as the rental income of the area, the sale turnover and the rent turnover.
The table below represents this data and compares Clachan of Campsie to East Dunbartonshire and the broader suburb of the UK; Scotland.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Clachan of Campsie||no relevant data for this city||no relevant data for this city||no relevant data for this city||106.0%|
|East Dunbartonshire||4.70%||£734||no relevant data for this city||72.50%|
Let’s assume you want to sell the house you’re looking to buy in Clachan of Campsie for profit in the future, in this case, looking at the data for the number of houses sold per month in Clachan of Campsie would give you an idea of whether the area is actively getting new investors. This figure is 18.
It is vital you be careful with this figure however as the data can suggest something that isn’t true in Clachan of Campsie. To give an example, a lot of people buying new houses could also indicate there are a lot of new first time buyers in the area which would in fact drive down the rental yield.
The more people there are interested in renting, rather than buying, the more likely that area of the UK has high rental yields and hence investors like these areas to invest in to create a large amount of cash flow.
Are there any important statistics about the population of Clachan of Campsie?
Clachan of Campsie within East Dunbartonshire is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Clachan of Campsie 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 Clachan of Campsie.
In general, do people commit a lot of crime in Clachan of Campsie?
For the city of Clachan of Campsie, crime rate is at no relevant data for this city. So for every 1000 people in the area, no relevant data for this city commit a crime which is prosecuted. Paying close attention to this figure of crime rate is not only important for the value of a house but also to calculate the maintenance cost of owning a house and how attractive an area can be for future buyers.
So, compare it to the nationwide average of 79.52 per 1000 people and consider if you are happy with this figure based on the price you’re paying for a house you’re interested in.
On top of this, houses that are in areas where there is a high crime rate tend to have to pay higher insurance rates, costing a homeowner in the long term.
Additionally, paying for further security on a house such as CCTV or potentially gates and fences that deter thieves may be necessary for an area with a high crime rate.
In the city of Clachan of Campsie, how much green space remains for residents?
Whether you view green space in Clachan of Campsie 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 Clachan of Campsie, the number of acres of green space for every 1000 people currently is 14.4 which can be measured against the UK average of 1.7.
Is the education level of Clachan of Campsie important when buying a house?
In the city of Clachan of Campsie, 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 Clachan of Campsie 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 the city of Clachan of Campsie 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 Clachan of Campsie 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 do people in Clachan of Campsie 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 Clachan of Campsie.
Have the people of Clachan of Campsie grown in numbers?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Clachan of Campsie if 13,249 and in the below heading how this population has changed will be broken down.
Like most data to do with houses, all data has to be considered holistically with multiple variables to determine if the population growth actually impacts the statistics that matter to you as a landlord in Clachan of Campsie such as rental yield or house appreciation.
How has the population size of Clachan of Campsie adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Clachan of Campsie by 1%. Analysing this figure is a great way to tell if there is new demand for housing or not as a decreasing figure reduces the number of people who want to buy houses. Read more here
To compare this figure over a greater period of time, you could look at the figure for the 1 year population too and compare them. This way you can see if the population has changed recently or if this 1% change has historically occurred before. Click here to know more on the UK population trends.
Over the last 10 years, how has the population size adjusted in Clachan of Campsie?
In the last decade, the population of Clachan of Campsie has been adjusted by 2%. This growth may be as a result of factors like new industries employing people or emigration and immigration balancing out to create this population change.
A precedent that shows population change in this way over decades is the region of Greater London. The capital city has grown by 27% in the past 20 years. Population growth has caused house prices to go up to price523,666 on average.
What is the social grade score of Clachan of Campsie?
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 Clachan of Campsie 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.
What is the asking price on average of houses for sale in Clachan of Campsie?
Average price of houses for sale in Clachan of Campsie
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£99,456|
|Average asking price (3 bed)||£178,283|
|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 Clachan of Campsie, 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.
As you go ahead and make offers on a house for sale, it is sometimes best to know what other people are offering for the same type of house for sale so you know what to offer yourself to get a good deal. So you should know, the average asking price of Clachan of Campsie is £139,521.
Even though the asking price is not what the eventual price the house is sold at, making a note of the averages for the city of Clachan of Campsie is useful when negotiating and knowing what to expect for every type of house for sale.
What is the final sale price of a house in Clachan of Campsie?
In Clachan of Campsie, the average sale price of a house for sale is in fact £107,239. This is dependent on the 10 year population growth of Clachan of Campsie being 2%. Growing populations are more likely to inflate the prices of houses for sale in the city of Clachan of Campsie.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£242,137|
|Aerage sold price (semi-detached)||£152,085|
|Aerage sold price (terraced)||£106,231|
|Aerage sold price (flat)||£66,750|
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 Clachan of Campsie.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£1,240|
|Aerage sold price/sqft (new build)||£1,240|
|Aerage sold price/sqft (old stock)||£1,250|
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 £1,240. This means if you are just looking out the houses sold in Clachan of Campsie in general and didn’t take into consideration the type of build. For example, a new build.