- 1 We help you find the right agent
- 2 In general, what do houses for sale sell for in Dalmeny?
- 3 A house for sale appropriate to your needs
- 4 Why you should consider the average rental yield when searching for houses for sale in Dalmeny
- 5 What are the asking prices for the houses for sale in the city of Dalmeny?
- 6 Are there any important statistics about the population of Dalmeny?
- 7 Are you considering other cities with houses for sale?
- 8 Get professional help on the houses for sale in Dalmeny
- 9 Frequently Asked Questions (FAQ)
Dalmeny 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 Dalmeny.
On top of this, keep reading for detailed information on the demographics of Dalmeny in Midlothian. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.
In general, what do houses for sale sell for in Dalmeny?
As well as looking at the asking price for house for sale in Dalmeny, a sensible homeowner or investor will also consider the final price a house sells for. This final price may be influenced by elements like the amount people are earning in the area and what opportunities for employment there are in Dalmeny.
Houses for sale, are sold on average in Dalmeny, after the influence of these factors, at £215,769 as a result. And may be on the rise or decline depending on a combination of variables such as the crime rate, or population growth which was 12% over the last 10 years.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£375,625|
|Aerage sold price (semi-detached)||£241,949|
|Aerage sold price (terraced)||£209,295|
|Aerage sold price (flat)||£158,884|
This table above shows the average sale price for each variation of houses for sale in Dalmeny.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£2,570|
|Aerage sold price/sqft (new build)||£2,270|
|Aerage sold price/sqft (old stock)||£2,550|
This final table looks at the price per square foot of houses for sale. Looking at the final table, you can take a further average and conclude that the average price per square foot of houses in general in Dalmeny is £2,570.
This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.
A house for sale appropriate to your needs
What parameters impact the final price of a house for sale in Dalmeny?
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.
Why you should consider the average rental yield when searching for houses for sale in Dalmeny
Are there more or fewer houses being built in Dalmeny?
Whenever you are thinking about looking for houses for sale in Dalmeny, think about how the city is growing and how this may impact the overall growth of the area.
Comparing the growth at different time periods would be a great way to assess whether the growth has slowed down, remained the same or perhaps stagnated over the years.
|1 year||3 years||5 years|
|Dalmeny growth rate||15%||16%||no relevant data for this city|
As the population of Dalmeny grows, this may also push up the price of the houses for sale. More people would be looking to buy homes and permanently live in the area. This demand helps a home appreciate. However, this isn’t always true because some cities build a lot of houses too to match the supply.
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 Dalmeny.
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 (Midlothian) as well as the broader region; Scotland.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Dalmeny||no relevant data for this city||no relevant data for this city||no relevant data for this city||£0|
Also, you can compare other data to the table above such as the number of houses sold per month in Dalmeny 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 Dalmeny is to invest in. Both in terms of rental yield and capital appreciation.
What are the asking prices for the houses for sale in the city of Dalmeny?
The average asking price for the houses for sale in the city of Dalmeny
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£225,417|
|Average asking price (3 bed)||£259,788|
|Average asking price (4 bed)||no relevant data for this city|
|Average asking price (5 bed)||no relevant data for this city|
The above table is perfect for understanding the distribution of properties in the area as well as looking at this data alongside the average asking price per square foot of £0. Telling you what type of house is most in demand relative to the price of the area.
This could be due to more people looking at particular types of houses for sale over others or even due to the fact that Dalmeny has a lack of supply of housing in certain categories.
When speaking about the city of Dalmeny, £257,395 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 Dalmeny 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.
Are there any important statistics about the population of Dalmeny?
In the city of Dalmeny, the demographics are unique and must be looked at by themself to make a conclusion about the area before buying a house. This is because the growth could be greatly different to the wider area of Midlothian for example.
These demographics for Dalmeny may impact the price of a house, how this house grows over time and the profitability of a house if you are buying it for an investment so knowing the area is crucial for a landlord making a purchasing decision in the city of Dalmeny in Scotland.
Is the crime rate bad in the city of Dalmeny?
In Dalmeny, 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.
How educated are the people in Dalmeny?
The number of people as a percentage who have been through university and gained a degree is no relevant data for this city. The ability to buy a home is greatly influenced by the number of people who have degrees. no relevant data for this city is the amount people in Dalmeny are earning.
As you can tell, this figure along with the number of people who have degrees roughly correlate. For reference, the percentage of people who have degrees in the UK is 22.6% and the average household income is.
As a general rule, the bigger the difference between this 22.6% figure and the percentage of people with a degree in Dalmeny, the bigger the difference in the ability to earn and hence buy a house. A higher number of degrees will increase the potential for people to earn and hence the buying power of the population. This will also push up the price of houses in the area.
Nonetheless, making accurate estimates for the appreciation of homes must be done with other pieces of data in mind such as the rental yields or perhaps the crime rate of the area to name some examples.
What is the social grade score of Dalmeny?
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 Dalmeny 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 Dalmeny, 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|
Have the people of Dalmeny 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 Dalmeny if 9506 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 Dalmeny such as rental yield or house appreciation.
How has the population size of Dalmeny adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Dalmeny by 6%. 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 6% 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 Dalmeny?
In the last decade, the population of Dalmeny has been adjusted by 12%. 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.
Are the people in Dalmeny earning a lot?
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 Dalmeny.
In the city of Dalmeny, how much green space remains for residents?
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 Dalmeny, 10 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 Dalmeny.
In Dalmeny, 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 Dalmeny 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.
Are you considering other cities with houses for sale?
If you are looking for a list of cities that are different to the City of Dalmeny and in different UK region to Scotland. You might want to consider these as alternatives for your next real estate investment:
- barkestone-le-vale in Scotland
- alves in Scotland
- ash in Scotland
- bwlch-y-sarnau in Scotland
- balgonar in Scotland
Or, visit our dedicated page on the houses for sale data for the whole of the UK which will allow you to pick based on where you think you want to live or invest – houses for sale in the UK.
Get professional help on the houses for sale in Dalmeny
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
Frequently Asked Questions (FAQ)
Do properties in Dalmeny have the potential for renovation?
If planning permissions are abundant in the vicinity of Dalmeny, it may look promising for landlords looking to renovate. With no relevant data for this city getting approved on a monthly basis, and a success rate of nan, these prospects flourish against a population of 9506. A comparative analysis against other locations across the UK will lend you a good perspective of this data.
What’s the number of property sales each month in Dalmeny?
The city of Dalmeny 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.
What’s the year-over-year population change in Dalmeny or similar cities?
For a comprehensive analysis of Dalmeny’s population trends, observe the population fluctuation over a decade, indicated by 12%, and the five-year alteration represented by 6%. Perhaps also look at data from another nearby city too so you can see a comparison.
prices for houses on sale in the broader vicinity of Dalmeny?
Currently, the mean asking price of a house in Dalmeny is £0, calculated using the average value per square foot
Is purchasing a house in Dalmeny considered a costly decision?
Calculate if a property is on the pricier side by matching a listed house for sale against the mean selling prices. In Dalmeny, this value is £215,769, compared to the UK’s average of £286,500.