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A guide on houses for sale in Dowanhill

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in Scotland $ A guide on houses for sale in Dowanhill

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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 Dowanhill, Lanarkshire.

From the average asking price of houses for sale in Dowanhill, to the growth of the population in the area, all will be talked about regarding the city of Dowanhill. So you will get better clued up on the area, and make finding a house for sale in the UK easier.

On average, what is the figure for the asking price of a house for sale in Dowanhill?

On average, in Dowanhill, the asking price for a house for sale in the area is £273,977.

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 Dowanhill. 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.

Average prices for the houses for sale in Dowanhill

Average asking price (1 bed) £184,050
Average asking price (2 bed) £257,355
Average asking price (3 bed) £325,600
Average asking price (4 bed) £426,769
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 Dowanhill 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 £2,630 should also give you an overview of what the asking price for houses for sale are in general.

In Dowanhill, what are the rental yields?

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 Dowanhill.

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 (Lanarkshire) as well as the broader region; Scotland.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Dowanhill £0 £1,278 £1 £1
Lanarkshire 6.74% £982.50 123.25% 78.85%
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 Dowanhill 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 Dowanhill is to invest in. Both in terms of rental yield and capital appreciation.

Are there more or fewer houses being built in Dowanhill?

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 Dowanhill that shows the growth in recent years.

1 year 3 years 5 years
Dowanhill growth rate 7% 18% 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 Dowanhill is important.

A house for sale appropriate to your needs

When browsing houses for sale in Dowanhill you should think about lots of different criteria:

  • House for sale affordability – visit the dedicated page of the UK government to understand (see what you can afford)

  • Location of the house for sale – the region and town you are considering to live in are crucial factors to consider before looking for houses for sale. In this article, we define lots of demographic factors that should help you make a decision.

  • House for sale transport links – even if working from home is becoming more and more predominant, we suggest you check the transport links the house for sale has.

  • Number of bedrooms in the house for sale – are you looking for houses for sale for the whole family or are you single? Always think about how many bedrooms you need and if that number might change in the future

  • energy performance of the house for sale – What is the EPC of the house for sale? Today more than ever, is important that you check the EPC rating of the real estate assets available for sale on the market.

  • Internet speed in the area of the house for sale – it is important to remember that internet speed is a consequence of two factors: your plan and the infrastructure available in the area. Always check these parameters before looking for houses for sale. Especially if you are renting the property as this will impact your business costs. Whether that be in an excluded tenancy agreement or a more common, assured shorthold tenancy.

  • Does the house for sale have parking – if yes, is it on-street or is the house for sale equipped with a garage?

  • Houses for sale in conservation areas – always check the National Heritage list. If a house for sale is part of this list it means that it might be impossible for you to make changes to the property’s internal and external structure.

  • 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 general, what do houses for sale sell for in Dowanhill?

In Dowanhill, houses for sale are sold at an average of £280,913. In general, multiple factors impact this figure because lots of variables impact properties valuation. This can include the quality of the buildings in general, whether the population has grown, if there is demand for housing or if there is a low crime rate which would make the area more desirable.

In the table below, you can see for yourself how the average price of a house for sale looks based on the different sizes of housing in Dowanhill. The exact amount of variation between the types of housing depends on the local demand for particular types of houses in the area.

Housing category Total final sale price
Aerage sold price (detached) £495,725
Aerage sold price (semi-detached) £309,190
Aerage sold price (terraced) £494,157
Aerage sold price (flat) £267,664

As you can see above, for Dowanhill, price varies based on the type of house that is being sold. If these prices shock you it could be due to population change in the last 10 years of 8% where lots of movement may inflate or deflate house prices.

Housing category Sale price per square foot
Aerage sold price/sqft £2,800
Aerage sold price/sqft (new build) £2,610
Aerage sold price/sqft (old stock) £2,770

Looking at the second table about Dowanhill, you are able to tell which type of housing is most affordable to you as a buyer. However, for a general overview of what house price is, the average price per square foot for a house in Dowanhill is £2,710.

What are the people like in Dowanhill?

What’s the crime rate in Dowanhill?

Within Dowanhill, 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.

Are the people in Dowanhill earning a lot?

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 Dowanhill. 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.

Are the people of Dowanhill 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 Dowanhill is no relevant data for this city.

What is the education level like in Dowanhill?

In Dowanhill, 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 Dowanhill 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.

Dowanhill within Lanarkshire is notable for the type of people that live there. The statistics below show how this is the case.

As you read on, Dowanhill 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 Dowanhill.

What is the city of Dowanhill’s social grade score?

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 Dowanhill, 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 much green space is available to residents of Dowanhill?

Whether you view green space in Dowanhill 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 Dowanhill, the number of acres of green space for every 1000 people currently is 5 which can be measured against the UK average of 1.7.

In Dowanhill, how has the population changed?

The city of Dowanhill has a total population of 24138. Large population sizes can be good to show there is a high demand for people to buy houses in the area but a better indication is if the population of Dowanhill is growing.

A small population city can also have high prices of houses for sale, because, if there is a growing population, and demand is still high, this could mean the house prices are pushed up.

Either way, a population must also be looked at in terms of the appreciation of the area as well as the rental yields and if the area really meets your needs.

The five year population change of Dowanhill

Over time, in the last five years, the population of the city of Dowanhill has changed by 5%. This figure can tell you a lot because a growing population indicates a house is likely to appreciate. Read more here

In addition, looking at the 10 year figure for population growth in the below paragraphs can give you further evidence as to what the change in population has been for a longer period of time. As a result, you’ll know if this 5% population change is something that has been there for a while or if it is a new trend. Click here to know more on the UK population trends.

What is the difference in population over the last 10 years in Dowanhill?

In the last 10 years, there has been a shift in the population of 8%.

Comparing this to the 5 year figure of Dowanhill can tell you if there is a long history of population growth or decline, if there are population fluctuations or if the trend is stable.

New industries opening up in the area, the addition of new jobs and also international and national migration might all be reasons for changes in population size. Resulting in people moving in or leaving an area.

A good example of a quick change in population was in Stratford, London in 2012. Here, there was an increase in government spending in the area because of the Olympics which resulted in massive population growth.

Thinking of a different city and perhaps a different location?

Below is a list of towns that differ from Dowanhill.
Going over these locations will help you evaluate the different houses for sale across the UK. Whether that be in the same or a very different region to Scotland:

If you are interested in other cities or even regions of the UK, please visit the following page for more information:houses for sale in the UK it contains all the data related to the houses for sale in our nation.

Professional advice for houses for sale in Dowanhill

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.

Frequently Asked Questions

Are there opportunities for property renovation in Dowanhill?

Every single month in Dowanhill, there are no relevant data for this city planning applications, of which nan result in a success. Look at this in terms of the population size of 24138 to work out if you think you’d have good planning success if you were to renovate.

How many property sales occur per month in Dowanhill?

The city of Dowanhill 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 is the population change each year in a city like Dowanhill?

When evaluating the population trajectory of Dowanhill, explore the decade-spanning population shift of 8% and the five-year modification of population of 5%. By drawing comparisons, see if demographic changes in your chosen area is

In the larger vicinity of Dowanhill, what is the cost of houses available for sale?

Currently, the mean asking price of a house in Dowanhill is £2,630, calculated using the average value per square foot

Is purchasing a house in Dowanhill considered a costly decision?

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 Dowanhill this number is £280,913 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

Who are the best estate agents in the city of Dowanhill?

Looking to pruchase a home to live in or for an investment? Discover agents in the city of Dowanhill below who are ready to help you navigate the home buying journey. From viewing listings to making offers, rely on an knowledgeable professional tailored to your neighborhood and preferences to eliminate the headache of searching:

Estate agent name Phone number Address of agent Email Address
Vanilla Square 441414331469 106 Clarence Drive, Glasgow, G12 9RW Phone number only
Moving Estate Agents 441413768883 127 Byres Road, Glasgow, G12 8TT Phone number only
Property Bureau 441419431110 175 HYNDLAND RD nan
IVY Property 441413398935 81 Lauderdale Gardens Silvia Rigano-Tahu (silvia@ivy-property.com);Iain Williamson (iain@ivy-property.com)
Property Bureau 441419431110 175 HYNDLAND RD Alan Burke (alan.burke@propertybureau.co.uk)

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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