Coalsnaughton might be an interesting area to invest in when looking for a house for sale in the UK as it is a unique area in the county of Clackmannanshire.
Before looking for a house for sale in the city of Coalsnaughton we strongly suggest landlords and real estate investors to research in detail and consider all involved factors. Indeed, house prices can change quite a bit depending on the square foot of the property, the number of rooms, the economic climate, the location of the house and more.
In this data heavy article the reader will be able to find out more on the topic and see the specific data to consider when evaluating different houses for sale in Coalsnaughton.
What’s the rental yield in general for the city of Coalsnaughton?
Is the housing market in Coalsnaughton growing?
Before committing to Coalsnaughton 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|
|Coalsnaughton growth rate||-2%||7%||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 Coalsnaughton is building housing to find your answer.
Let’s consider that you’re not looking to buy a house for sale to live in for the long term future such as if you changed location with your family and want to settle down and you want to find somewhere to buy as an investor in Coalsnaughton. If this is the case, rental yield is a crucial statistic to consider.
If looking to invest, you should also consider other data about the area. The average rental income, the turnover of the sale of the house and what the net rental yields are like for the area do also have an impact on the final price of houses for sale in Coalsnaughton.
It is clear to see from the table below that there is a difference between all of these pieces of information and how they can be compared and contrasted on a county level (Clackmannanshire), a regional level (Scotland) and finally on the level of the city talked about in this article, Coalsnaughton.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Coalsnaughton||no relevant data for this city||no relevant data for this city||no relevant data for this city||£1|
|Clackmannanshire||5.10%||£748.00||no relevant data for this city||64.83%|
You may also find it useful to compare the data above to the number of properties sold per month Coalsnaughton experiences. This figure for house sales per month is no relevant data for this city. Looking at all this information holistically is what a smart investor should do when deciding on the right area for investment before looking for houses for sale.
In general, what do houses for sale sell for in Coalsnaughton?
For the city of Coalsnaughton, the average price a house sells for is £114,982. This value usually depends on the exact location of the house within Coalsnaughton as well as other factors like the population growth which is 0% over a ten-year period.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£209,779|
|Aerage sold price (semi-detached)||£136,221|
|Aerage sold price (terraced)||£99,750|
|Aerage sold price (flat)||£65,240|
The above table puts this figure into perspective as you can see the various average sale prices of a house for the specific type of house you’re most interested in. This comparison is important because the type of house you’re considering to buy may be more or less in demand based on variations in supply and demand in the city of Coalsnaughton.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£1,310|
|Aerage sold price/sqft (new build)||£1,290|
|Aerage sold price/sqft (old stock)||£1,290|
Generalising the bottom table, the average value per square foot of a house for sale is £1,310. This value averages all of the types of houses for sale in Coalsnaughton. So, if you’re not sure what type of house you want specifically, you can still get an idea of the real estate market of Coalsnaughton.
Bear in mind that if you are a landlord looking to buy a property to rent, you will also run into other expenses like letting agent fees and the cost of listing your property for sale on Rightmove in your city.
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 Coalsnaughton:
- hollinswood in Scotland
- ashurst in Scotland
- auchinleck in Scotland
- coseley in Scotland
- bray 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
Finding the ideal house for sale for you
What parameters impact the final price of a house for sale in Coalsnaughton?
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.
What are the people like in Coalsnaughton?
How much do people in Coalsnaughton earn?
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 Coalsnaughton. 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.
In the city of Coalsnaughton, how much green space remains for residents?
There are cities in the UK such as Edinburgh and Bristol that have a higher percentages of green space with Edinburgh being the most at 49%. The city of Coalsnaughton currently has 51 for every 1000 residents.
Green space helps the quality of people’s mental health as well as fight against diseases like obesity. As studies have shown that the proximity of people to green spaces in the UK has a positive impact on the physical health of people in the UK and Coalsnaughton in this case.
What is the city of Coalsnaughton’s 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 Coalsnaughton 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 Coalsnaughton, 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 Coalsnaughton, how educated are people in general?
In the city of Coalsnaughton, no relevant data for this city people have a degree from a university. The higher this proportion is, in general, the more likely it is that the population is able to buy a house.
Interestingly, as people who have degrees go up, the average income of the area goes up too. You can see if there is a correlation, the average household income in the UK is price34,000 and the average income in Coalsnaughton is no relevant data for this city.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
In the city of Coalsnaughton, has the population grown or shrunk?
In total, the number of people in Coalsnaughton is 6013. This figure can be used to estimate the appreciation of the houses but it is also important you look at the population growth figure in order to make this more accurate.
Whether a large population benefits you as a landlord is dependent on what you want from a home. A large population is great if you have children who prefer the bustle of crowds in cities but there are also those who purposely want to buy somewhere rural.
You may also be able to find a balance of both where there are shops, restaurants and entertainment and also rural areas all within a short distance which may be the case ni Coalsnaughton, depending on where exactly you are.
How has Coalsnaughton changed in the past five years?
Five years provides enough time for a city to grow dramatically. It may be the case that the population grows or shrinks but the city of Coalsnaughton has changed by 0%. Read more here
It is also helpful to compare this data to a longer time period like 10 years like in the below subheading. If the population trend of growth or decline has been there for a longer period of time you’ll be able to tell if 0% is a recent change or not.
Click here to know more on the UK population trends.
In the last decade, what is the difference in population in Coalsnaughton?
0% has been the population growth change in the past 10 years.
Usually, this is more of a conservative figure compared to the five year change of a city.
Industrial changes can also be the reason for this shift but it could also be due to immigration or emigration. Bringing people in or out of the area.
The recent global pandemic has also shifted the number of people living in cities as people realise they can now work remotely. It may be that the people of a Coalsnaughton have seen a more desirable way of working, moving to make themselves more comfortable in their careers.
For example, the population of the South west of England has seen a massive increase in population because workers want to move there to benefit from the slightly better weather, lower house prices and also the rural area. Nonetheless, they can also benefit from travelling to the capital city of the UK, London.
In general, do people commit a lot of crime in Coalsnaughton?
Within Coalsnaughton, 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.
In Coalsnaughton, what are the deprivation levels like?
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 Coalsnaughton 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.
Coalsnaughton within Clackmannanshire is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Coalsnaughton 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 Coalsnaughton.
Professional advice for houses for sale in Coalsnaughton
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.
What is the asking price on average of houses for sale in Coalsnaughton?
Before a house gets sold, the figure it sells for always starts off as an asking price. This average asking price for the houses for sale in Coalsnaughton determines the eventual sale price of the house so it isn’t the most important figure but is still important to take note of. This figure is currently £128,966.
Below, there is a table showing the asking price of the different sizes of houses based on the number of bedrooms of the houses in Coalsnaughton.
Average price of houses for sale in Coalsnaughton
|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|
After looking at this table about prices of houses for sale in Coalsnaughton, 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 (FAQ)
Are there opportunities for property renovation in Coalsnaughton?
Amidst the urban landscape of Coalsnaughton, 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 no relevant data for this city. It is also useful to take into consideration the population size of the area (6013).
On a monthly basis, how many property transactions take place in Coalsnaughton?
In the city of Coalsnaughton, there are no relevant data for this city and in the total for the UK, there are around 1.1 million property sales.
What is the population change each year in a city like Coalsnaughton?
For a comprehensive analysis of Coalsnaughton’s population trends, observe the population fluctuation over a decade, indicated by 0%, and the five-year alteration represented by 0%. Perhaps also look at data from another nearby city too so you can see a comparison.
How much are houses for sale priced at in the extended region of Coalsnaughton?
In Coalsnaughton, the mean asking price per square foot for a house is currently £0, based on the average value per square foot
Is investing in a house for sale in Coalsnaughton a financially demanding 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 Coalsnaughton this number is £114,982 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