Cowdenbeath – What to look for in houses for sale?

Cowdenbeath 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 Cowdenbeath.

On top of this, keep reading for detailed information on the demographics of Cowdenbeath in Fife. This is crucial in finding out if the area is worth for looking at houses for sale in the UK for an investment over the long term too.

What’s the rental yield in general for the city of Cowdenbeath?

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 Cowdenbeath. 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 Cowdenbeath.

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 (Fife), a regional level (Scotland) and finally on the level of the city talked about in this article, Cowdenbeath.

	Average Yield	Average Asking rent	Turnover (rental)	Turnover (sale)
Cowdenbeath	no relevant data for this city	no relevant data for this city	no relevant data for this city	52.0%
Fife	3.80%	£564	no relevant data for this city	63.00%
Scotland	5.48%	£871	125.36%	59.40%

You may also find it useful to compare the data above to the number of properties sold per month Cowdenbeath experiences. This figure for house sales per month is 23. 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.

Are there new houses being built in Cowdenbeath to make it grow?

The growth of an area like Cowdenbeath can be a great indicator of a thriving city and the influx of new people can drive demand for housing and help appreciate the value of your house after you buy it.

Paying attention to the table below tells you how the number of houses has changed over time at one year, three year and five year intervals.

	1 year	3 years	5 years
Cowdenbeath growth rate	2%	-3%	no relevant data for this city

Despite the number of houses being built rising, this may not indicate that the housing price of the houses for sale is going up. It could be the case that there are a lot of new builds in the area which are causing the supply of the houses for sale to match demand and this could cause a decline in house price as time goes on.

Make sure you do your own research specific to the city of Cowdenbeath if you want to find out the exact reasons for the housing change.

In general, for the city of Cowdenbeath, what are the final purchase prices for the houses for sale?

In Cowdenbeath, the average sale price of a house for sale is in fact £126,357. This is dependent on the 10 year population growth of Cowdenbeath being 3%. Growing populations are more likely to inflate the prices of houses for sale in the city of Cowdenbeath.

Housing category	Total final sale price
Aerage sold price (detached)	£216,423
Aerage sold price (semi-detached)	£130,534
Aerage sold price (terraced)	£107,133
Aerage sold price (flat)	£63,321

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 Cowdenbeath.

Housing category	Sale price per square foot
Aerage sold price/sqft	£1,290
Aerage sold price/sqft (new build)	£1,140
Aerage sold price/sqft (old stock)	£1,280

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 £1,290. This means if you are just looking out the houses sold in Cowdenbeath in general and didn’t take into consideration the type of build. For example, a new build.

What are the asking prices for the houses for sale in the city of Cowdenbeath?

Table showing the asking prices for houses for sale in Cowdenbeath

Average asking price (1 bed)	no relevant data for this city
Average asking price (2 bed)	£97,969
Average asking price (3 bed)	£171,767
Average asking price (4 bed)	£294,900
Average asking price (5 bed)	no relevant data for this city

After looking at this table about prices of houses for sale in Cowdenbeath, 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.

On average, in Cowdenbeath, the asking price for a house for sale in the area is £165,938.

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 Cowdenbeath. 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.

Are there any important statistics about the population of Cowdenbeath?

The city of Cowdenbeath, situated in Fife, is a particularly impressive part of the UK because of the specific demographics of the location.

In the below headings, the city of Cowdenbeath 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 Cowdenbeath. So, taking a good look at the data is essential to understand the area you are considering to buy in.

In the city of Cowdenbeath, is there a lot of green space?

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 Cowdenbeath, 50.0 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 Cowdenbeath.

What is the social grade score of Cowdenbeath?

The social grade score is a good indicator of what type of jobs people generally work in the area. Whether that be working in the primary sector, secondary sector, tertiary sector or maybe the quaternary sector of jobs.

The scale is slightly different to this though on a scale of A to E. A refers to people who are in the most skilled, managerial roles whereas E include people such as casual workers.

In Cowdenbeath, the percentage of people in the two highest categories, A and B is no relevant data for this city. This figure includes people who are therefore most likely to be more skilled and have higher paid jobs.

When contrasting these figures, the average household income for the area is no relevant data for this city. This income will generally get bigger as the percentage of people in the A and B categories go up too (no relevant data for this city).

How deprived is the population of Cowdenbeath?

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Cowdenbeath, 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.

What does the population of Cowdenbeath look like?

Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Cowdenbeath if 21,227 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 Cowdenbeath such as rental yield or house appreciation.

How has the population size of Cowdenbeath adjusted in the last 5 years?

In the previous five years there has been a change in the number of people of Cowdenbeath by 2%. 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 2% 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 Cowdenbeath?

In the last decade, the population of Cowdenbeath has been adjusted by 3%. 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.

How much do people in Cowdenbeath earn?

By and large, a higher household income in a population can have positive effects on the crime rate and the quality of space. This is due to the fact that higher earners tend to buy houses where there are better schools and more desirable amenities that impact the quality of life someone has.

In Cowdenbeath, the average income is no relevant data for this city. Measuring this figure against the average household income for the UK of price34,000 should tell you if the city is higher or lower earning.

When buying a house, use this statistic with other factors when making a decision too like the crime rate or the social grade score of no relevant data for this city to decide on what the demographics are like in the area.

In Cowdenbeath, how educated are people in general?

In Cowdenbeath, the proportion of people who have a degree is no relevant data for this city. Generally speaking, as the number of people with degrees increases, the more people are able to afford houses to buy as a degree is a good indicator of a higher income. To put this into perspective, the average income of Cowdenbeath is no relevant data for this city.

This figure for average household income usually goes up alongside the percentage of people who have degrees.

However, this is not a hard and fast rule, there are many factors influencing the buying power of a population and hence the appreciation of housing and the number of houses for sale in the area. This can include the rental yields of the area and other demographic statistics like crime rate.

Nonetheless, it cannot be argued that those with degrees tend to live in more affluent areas as 82% of people who achieve a first in degree level education are owners of the place they live.

What’s crime like in Cowdenbeath?

In Cowdenbeath, for every 1000 people, there is currently a crime rate of no relevant data for this city. 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 (no relevant data for this city 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.

Who can help you buy a house for sale in Cowdenbeath?

Other cities you can consider looking for with houses for sale

Below are a list of towns with a similar location to Cowdenbeath.
Reading these analysis will help you evaluate the different houses for sale currently listed in Scotland:

• East-Renfrewshire in Scotland
• Bellside in Scotland
• Ashiestiel in Scotland
• Auchinleck in Scotland
• Quarrier’S-Village in Scotland

If you are interested in some other city or even region of the UK, please visit the following page houses for sale in the UK it contains all the data related to the houses for sale.

Invest in a house for sale that meets your demands

Find here below a list of criteria that we suggest you consider before looking for houses for sale in Cowdenbeath

• affordability – the UK gov website comes in helpful when you want to understand (see what house for sale you can afford)

• Geographic Location – the county and region across the UK you are considering to invest in are crucial factors to consider when browsing houses for sale.

• Transport network of the house for sale – Hopefully, the pandemic stays in the past. Therefore, working from home may become less predominant than a couple of years ago. Check the commuting time of the house for sale you are considering buying.

• Bedrooms in the house for sale – are you looking for houses for sale for yourself, for a couple or for the whole family? This condition will narrow down the number of houses for sale relevant to buy.

• EPC of the house for sale – today more than ever, the energy performance of the properties for sale on the market should be one of the first things you check.

• Broadband speed – having a good internet connection is crucial nowadays. Always check the available subscriptions available for the areas of the house for sale you want to purchase

• Are you a car owner? – if yes, you will have to check for parking availability of the house for sale. Does it come with a garage included in the price?

• Conservation areas – when browsing for houses for sale, we suggest you take a look at the National Heritage list. When a house for sale is included it means that it is not possible for the future homeowner to make changes to the property, both inside and outside.

• Houses for sale Conditions – some properties, like new builds, need no repairs or works; other houses listed for sale may need some investment to restore them and some others may need a complete renovation. Someone looking for houses for sale should always think about how much time and money they are willing to invest to complete the needed repairs.

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