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A guide on houses for sale in Greenholm

by | Nov 15, 2022

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

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Greenholm 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 Greenholm.

On top of this, keep reading for detailed information on the demographics of Greenholm in East Ayrshire. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.

Choose the right house for sale that suits your needs

When browsing houses for sale in Greenholm 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 Greenholm, what are the demographics like?

How much green space is available to residents of Greenholm?

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 Greenholm currently has 32 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 Greenholm in this case.

What does the population of Greenholm look like?

In total, the number of people in Greenholm is 3257. 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 Greenholm, depending on where exactly you are.

How has Greenholm 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 Greenholm 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 Greenholm?

-1% 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 Greenholm 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.

Greenholm in the county of East Ayrshire is notable for its specific demographics and has individual characteristics.

For localised cities and the bigger areas of the UK there are wide variations in the demographics that shape an area so the same is also true for the wider region Greenholm is located in; Scotland.

Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Greenholm, what the social grade score of the city is like and if the green space matches the recommended levels people living in the UK should have.

Are the people in Greenholm 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 Greenholm.

What’s a social grade score and how does it relate to Greenholm?

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 Greenholm 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 Greenholm, 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

Is the crime rate bad in the city of Greenholm?

The crime rate of Greenholm must be looked at sceptically. The reason for this is that the crime rate can vary within a city greatly and the type of crime committed can also vary too.

For example, the area has a crime rate of no relevant data for this city, but another city may have a higher crime rate but not be deemed as dangerous due to lower level crime or minor offences being committed.

Either way, high crime rates are never a good sign so consider the rate against the UK average of 79.52 for every 1000 people as a benchmark.

Lower rates could mean things like home insurance is cheaper and you have to install fewer security measures throughout your house. Saving you money in the long run. So the statistic of crime rate (no relevant data for this city) is both useful and is recommended to be compared to the average.

In Greenholm, what are the deprivation levels like?

The deprivation levels of the UK can vary quite a bit. High deprivation levels signal a particular area has people who are struggling to make ends meet and pay for basic living expenses. For Greenholm, in particular, the deprivation levels are no relevant data for this city.

This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.

What is the education level like in Greenholm?

In Greenholm, 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 Greenholm 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.

Professional advice for houses for sale in Greenholm

Who should you talk to while going through the process of making an offer on a house for sale?
Several experts specialise in giving advice to property investors or to first time potential buyers.

Since the process of finding the right house for sale can take months, you have all the time to consult with the experts you might need.

Find here a list of those you should contact to get professional guidance and assistance when purchasing a house for sale:

  • Lender – This practitioner can lend you money to finalise a house purchase
  • Insurer – Insuring companies will provide you with the insurance policy you need to protect the house for sale you want to buy
  • Legal representative – This professional is usually there to handle all the legal tasks associated with purchasing a home for sale.
  • Surveyor – Carries out and independent valuation on the house for sale based on its conditions. It is very useful to understand the correct price before making an offer
  • Mortgage specialist – Mortgage advisors works on commissions. They will get a cut from the bank and will guide you with offering the best deals given your financial situation
  • Energy assessor – We strongly suggest you to invest in a professional assessment of the Energy Performance of the house for sale you want to purchase

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

When investors make offers for houses for sale in Greenholm, the average price asked by the homeowners works out to be £69,561.

In the table below, for all the different sizes of houses in the area, the average asking prices have been displayed. This tells you what kind of house is more or less expensive and sought after despite houses with fewer bedrooms being overall less expensive anyway.

Any house that looks like it is overpriced for the number of bedrooms it has in Greenholm is typically not overpriced. It is just the case that that type of housing has a higher demand, therefore, people are willing to pay more.

The average asking price for the houses for sale in the city of Greenholm

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

The tables should give you a generic view of what the prices of the houses for sale are like. To close things off, the average asking price for the house for sale in the whole of Greenholm is £0. This should show you the general prices overall and for individual types of houses too.

In Greenholm, what do houses for sale tend to sell for?

There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Greenholm. In Greenholm, this sale price works out to be £58,994. As an example, a factor like population growth over the last 10 years which works out to be -1% in Greenholm and impacts house prices of the houses for sale.

Housing category Total final sale price
Average sold price (detached) £180,412
Average sold price (semi-detached) £104,272
Average sold price (terraced) £59,396
Average sold price (flat) £24,289

Above, the exact type of house is also shown to vary in price in a table in Greenholm. You may think that the bigger the house is the more expensive, but actually, this table is more based on the demand for the properties in each category.

Housing category Sale price per square foot
Average sold price/sqft £620
Average sold price/sqft (new build) £640
Average sold price/sqft (old stock) £610

In addition, here is the price per square foot. By taking this data and doing an average, it is also possible to work out the average square foot of houses in Greenholm which is £620. From here you can get a sense of the price of the overall housing market and therefore, also find out the prices of the houses for sale.

Why you should consider the average rental yield when searching for houses for sale in Greenholm

You may have heard of rental yield as being important for investors who wish to make a sizable profit on their rental properties. If this sounds like you and you’re looking to invest in a house currently for sale and collect rental income in Greenholm this statistic is what you were looking for.

Data should also be compared to the broader region of the UK (Scotland) alongside East Ayrshire then looked at with other statistics like the area’s rent and the turnover of sale of the houses in question. It could be that an investor prefers to make a profit on the sale of a house rather than the rental income and optimal properties for this investment varies throughout Greenholm.

This decision is made differently depending on the investor’s tolerance for risk, investing strategy, the location they’re investing in and their overall goal for buying a house currently listed for sale.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Greenholm no relevant data for this city no relevant data for this city no relevant data for this city £1
East Ayrshire 4.95% £546.50 no relevant data for this city 53.52%
Scotland 0.05 871.42 £1 59.40%

As you observe table above, it could be valuable to contrast these figures with other pieces of data relevant to the process of buying like the crime rate or the appreciation of houses for sale in Greenholm.

As you can tell, the best conclusions are drawn when the buyer of a house for sale looks at all the data involved holistically and doesn’t make quick decisions based on one or two pieces of data. As an example, comparing the data with the number of property sold per month (no relevant data for this city) will be useful.

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

The growth of an area like Greenholm 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
Greenholm growth rate -28% 38% 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 Greenholm if you want to find out the exact reasons for the housing change.

Other cities in different locations you can consider to buy property

If you are looking for a list of cities that are different to the City of Greenholm 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.

FAQ

Are there opportunities for property renovation in Greenholm?

If planning permissions are abundant in the vicinity of Greenholm, 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 no relevant data for this city, these prospects flourish against a population of 3257. A comparative analysis against other locations across the UK will lend you a good perspective of this data.

How many property sales occur per month in Greenholm?

The city of Greenholm 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.

How does the population in a city like Greenholm change annually?

When evaluating the population trajectory of Greenholm, explore the decade-spanning population shift of -1% and the five-year modification of population of 0%. By drawing comparisons, see if demographic changes in your chosen area is

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

The average asking price of a house in Greenholm is currently £0 based on the average price per square foot.

Is investing in a house for sale in Greenholm 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 Greenholm this number is £58,994 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 Greenholm?

Looking to pruchase a home to live in or for an investment? Discover agents in the city of Greenholm 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 Contact number Address of agent Email
Greig Residential 441560349989 53 Main Street, Newmilns, KA16 9DA 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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