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Grangemouth – What to look for in houses for sale?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in Scotland $ Grangemouth – What to look for in houses for sale?

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As a landlord, whenever you are looking at houses for sale in Falkirk, you could find varying prices throughout an area like Grangemouth. In this article, this data will be simplified so you can find all of the data on one, convenient page.

So, from the rental yield of Grangemouth to the success you may expect to get when submitting planning permission. Everything you need to know about house for sale in the UK and in Grangemouth will be revealed. Keep reading.

Advice from experts on properties for sale in Grangemouth

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

What are the demographics like in the city of Grangemouth?

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

In the city of Grangemouth, the social grade score of the area is no relevant data for this city. But what does this exactly mean? The figure refers to the proportion of people in the two highest categories of skilled jobs.

The categories are grouped from A to E shown in the table below. Overall, a high social grade score means there are more affluent people working in managerial and professional roles in the area.

This table shows the average breakdown of the UK in terms of where most people in the UK are working so you can compare it to the social grade score of Grangemouth.

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

What is the education level like in Grangemouth?

Interestingly, the percentage of people who have a degree in the city of Grangemouth is no relevant data for this city. Most of the time, the more people that have a degree, the higher the average household income and the more likely someone is to be able to afford to purchase a house. For example, the average income of the citizens in the area of Grangemouth is no relevant data for this city.

Generally, areas with high numbers of people with a degree are also areas with more people likely to be home owners and therefore the value of houses and relative prices of the houses for sale are more likely to go up too.

Nonetheless, making predictions about the appreciation of a house also has to be considered alongside other factors like population growth and the rental yields of the area.

However, most of the time, being educated is a good indication of affluence with 82% of people graded a first in tertiary education going on to eventually own a house.

In Grangemouth, how has the population changed?

In the UK in general and specifically in the region in question, large population sizes can be good indications that there are a lot of people in the area looking for houses for sale which can drive up demand and therefore impact the cost. You should also check to see if the population is growing in the area too to show an increasing demand, this is even better. Currently, the total population of Grangemouth is 17377.

Sometimes, smaller populations can have higher buyer demand than large populations on the other hand. This is because the price of houses and hence the demand for houses is based on a variety of variables.

The most important variable is the location of the houses for sale in the city of Grangemouth.

In Grangemouth, how has the population changed over the last five years?

In the last five years, over time, the change in population size was 1%. Looking at this figure can inform you of the buyer demand for the houses for sale in the area. Read more here

This may mean that the city has now started to slow down in terms of population growth or it may mean the city is also building a lot of houses which would indicate the supply of houses for sale will be matching the demand.

Making predictions about the future growth of Grangemouth is hence important in making a decision if capital appreciation of your real estate investment is something you’re after as a landlord.

Comparing this figure for the 5 year growth (1%) as well as the ten year growth in the subheading below should allow you to make some accurate forecasts on the growth rate. Click here to know more on the UK population trends.

Grangemouth population difference over 10 years?

The population has adjusted in the area of Grangemouth by 4% in the most recent decade. This change is even more useful when compared alongside the figure for the five year growth of the area too.

This will tell you if the population is changing at the moment or if change is more recent. Through this a landlord can accurately look at the fluctuations in population size of the area over time and therefore better understand the trend of the houses for sale in Grangemouth.

To make an example, the town of Salford which is a part of Manchester has seen a 10% increase in population. house price has therefore followed.

Is the city of Grangemouth 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 Grangemouth 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 the people in Grangemouth earning a lot?

You may be wondering what the amount people earn has to do with house price. Well, house prices generally go up as people earn more not just because they can afford more valuable properties but also because good areas generally attract more desirable infrastructure. For reference, the average household income is no relevant data for this city.

This may be better schools, doctors and areas with lower crime rates. This results in a snowball effect which polarises different areas further, increasing the demand for housing in richer areas by a greater amount. And increasing the proportion of people with high social grade scores. For Grangemouth this figure is no relevant data for this city.

What’s crime like in Grangemouth?

Within Grangemouth, 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 the city of Grangemouth, 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 Falkirk for example.

These demographics for Grangemouth 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 Grangemouth in Scotland.

In the city of Grangemouth, how much green space remains for residents?

In the city of Grangemouth, there are 12 acres of green space per 1000 residents.

The charity, ‘Fields in Trusts’ recommends a minimum of 6 acres of green space per 1000 people so it is easy to see where Grangemouth is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.

Finding the ideal house for sale for you

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

  • 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 Grangemouth, what do houses for sale tend to sell for?

In Grangemouth, houses for sale are sold at an average of £91,697. 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 Grangemouth. 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) £209,414
Aerage sold price (semi-detached) £145,702
Aerage sold price (terraced) £97,099
Aerage sold price (flat) £69,800

As you can see above, for Grangemouth, 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 4% where lots of movement may inflate or deflate house prices.

Housing category Sale price per square foot
Aerage sold price/sqft £1,110
Aerage sold price/sqft (new build) £1,070
Aerage sold price/sqft (old stock) £1,090

Looking at the second table about Grangemouth, 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 Grangemouth is £1,110.

Always consider average rental yield when searching for houses for sale in Grangemouth

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 Grangemouth.

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

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Grangemouth no relevant data for this city no relevant data for this city no relevant data for this city £1
Falkirk 3.80% £544.00 no relevant data for this city 92.40%
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 Grangemouth 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 Grangemouth is to invest in. Both in terms of rental yield and capital appreciation.

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

The growth of an area like Grangemouth 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
Grangemouth growth rate 11% 34% 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 Grangemouth if you want to find out the exact reasons for the housing change.

What is the asking price on average of houses for sale in Grangemouth?

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 Grangemouth 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 £143,577.

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 Grangemouth.

In the city of Grangemouth, what is the average asking price for the houses for sale?

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £110,732
Average asking price (3 bed) £172,845
Average asking price (4 bed) no relevant data for this city
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 Grangemouth 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 £0 should also give you an overview of what the asking price for houses for sale are in general.

Thinking of a different city and perhaps a different location?

If you are looking for a list of cities that are different to the City of Grangemouth and in different UK region to Scotland. You might want to consider these as alternatives for your next real estate investment:

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.

F.A.Q.

Do properties in Grangemouth offer renovation potential?

Amidst the urban landscape of Grangemouth, 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 (17377).

What is the monthly count of property transactions in Grangemouth?

no relevant data for this city property transactions are reported in Grangemouth each month, alongside a broader picture of approximately 1.1 million property sales across the UK.

What’s the annual population shift in a city such as Grangemouth?

For a comprehensive analysis of Grangemouth’s population trends, observe the population fluctuation over a decade, indicated by 4%, and the five-year alteration represented by 1%. Perhaps also look at data from another nearby city too so you can see a comparison.

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

In Grangemouth, 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 Grangemouth 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 Grangemouth this number is £91,697 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

Buying a Home? Find Top-Rated Estate Agents in Grangemouth

If you’re purchasing property in Grangemouth? The right estate agent can make all the difference in guiding you through the home buying process. We understand how stressful and time-consuming finding an agent can be so we’ve compiled a list of the highest-rated real estate agencies in the area below. Our goal is to simplify your search and take you straight to reputable agents equipped to help buy your ideal home.

Estate agent Contact number Address of agent Email
RGM Solicitors 441324315847 9 la Porte Precinct, Grangemouth, FK3 8AZ Phone number only
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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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