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How much will you pay for a house for sale in Tannochside?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in Scotland $ How much will you pay for a house for sale in Tannochside?

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As a landlord, whenever you are looking at houses for sale in North Lanarkshire, you could find varying prices throughout an area like Tannochside. 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 Tannochside 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 Tannochside will be revealed. Keep reading.

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

For the city of Tannochside, the average price a house sells for is £189,621. This value usually depends on the exact location of the house within Tannochside as well as other factors like the population growth which is 2% over a ten-year period.

Housing category Total final sale price
Aerage sold price (detached) £287,877
Aerage sold price (semi-detached) £177,408
Aerage sold price (terraced) £115,961
Aerage sold price (flat) £125,965

The above table puts this figure into perspective as you can see the various average sale prices of a house for the specific type of house you’re most interested in. This comparison is important because the type of house you’re considering to buy may be more or less in demand based on variations in supply and demand in the city of Tannochside.

Housing category Sale price per square foot
Aerage sold price/sqft £2,060
Aerage sold price/sqft (new build) £2,170
Aerage sold price/sqft (old stock) £2,020

Generalising the bottom table, the average value per square foot of a house for sale is £2,120. This value averages all of the types of houses for sale in Tannochside. So, if you’re not sure what type of house you want specifically, you can still get an idea of the real estate market of Tannochside.
Bear in mind that if you are a landlord looking to buy a property to rent, you will also run into other expenses like letting agent fees and the cost of listing your property for sale on Rightmove in your city.

How are rental yields of the houses for sale different to the rest of the UK in Tannochside?

In Tannochside, how has the number of houses changed?

Whenever you are thinking about looking for houses for sale in Tannochside, 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
Tannochside growth rate 6% -2% no relevant data for this city

As the population of Tannochside 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.

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Tannochside, 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 and how much you can charge for rent in your ast (assured tenancy shorthold).

A house for sale that is right for you

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

  • 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.

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

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

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

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 Tannochside 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 £252,254.

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 Tannochside.

In the city of Tannochside, 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) £151,953
Average asking price (3 bed) £212,586
Average asking price (4 bed) £355,812
Average asking price (5 bed) no relevant data for this city

Based on this table, hopefully, you will be able to tell what type of house for sale is the most suitable for your budget. You can also consider the average asking price per square foot (£2,170) for houses for sale with this table to get a good idea as to whether Tannochside is the right area to buy a house in for you.

House for sale in a different UK region

Below is a list of towns that differ from Tannochside.
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.

Are there any important statistics about the population of Tannochside?

In Tannochside, how educated are people in general?

In the city of Tannochside, no relevant data for this city people have a degree from a university. The higher this proportion is, in general, the more likely it is that the population is able to buy a house.

Interestingly, as people who have degrees go up, the average income of the area goes up too. You can see if there is a correlation, the average household income in the UK is price34,000 and the average income in Tannochside is no relevant data for this city.

This should correspond with the average percentage of people in the UK who have degrees at 22.6%.

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

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 Tannochside currently has 17 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 Tannochside in this case.

The city of Tannochside, situated in North Lanarkshire, is a particularly impressive part of the UK because of the specific demographics of the location.

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

How deprived is the population of Tannochside?

Deprivation of a city is defined as the number of people who are considered to not be earning enough to sustain their lifestyle. The UK average of deprivation nationwide is 33% so comparing the figure of no relevant data for this city for Tannochside should give you a nice idea of the deprivation in the area.

What is the population of Tannochside?

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 Tannochside is 28526.

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 Tannochside.

In Tannochside, 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 Tannochside 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.

Tannochside population difference over 10 years?

The population has adjusted in the area of Tannochside by 2% 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 Tannochside.

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.

In Tannochside, what is the social grade score?

In the city of Tannochside, 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 Tannochside.

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

Are the people in Tannochside 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 Tannochside. 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.

What’s crime like in Tannochside?

The crime rate of Tannochside 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.

Frequently Asked Questions (FAQ)

Are there opportunities for property renovation in Tannochside?

If planning permissions are abundant in the vicinity of Tannochside, 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 28526. 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 Tannochside?

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

What’s the year-over-year population change in Tannochside or similar cities?

For a comprehensive analysis of Tannochside’s population trends, observe the population fluctuation over a decade, indicated by 2%, and the five-year alteration represented by 1%. Perhaps also look at data from another nearby city too so you can see a comparison.

How much are houses for sale priced at in the extended region of Tannochside?

Currently, the mean asking price of a house in Tannochside is £2,170, calculated using the average value per square foot

Is purchasing a house in Tannochside considered a costly decision?

Determine whether a property is expensive by comparing a list of houses for sale to the prevailing average selling prices. In Tannochside, this figure stands at £189,621, while the UK average is £286,500.

Find an estate agent in the city of Tannochside

In order to buy a house in Tannochside you might need the service of an estate agent. To simplify the pain of looking for the nearest agent we have built a list of estate agents in your area, taking you straight to their website

Estate agent name Phone number Address of agent Email Address
Bohome 441698599464 1/2 11 Langside Road, Bothwell, G71 8NG Phone number only
Nicola Kennedy Letting 441698811131 34 Bellshill Road Phone number only
Nicola Kennedy Residential 441698599092 34 Bellshill Road, Uddingston, G71 7LZ nan
Premier Properties 441698599302 7a Church Street, Uddingston, Glasgow, G71 7PT Phone number only
nan nan nan nan

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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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