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 Black Cross, Cornwall.
From the average asking price of houses for sale in Black Cross, to the growth of the population in the area, all will be talked about regarding the city of Black Cross. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
In Black Cross, what are the rental yields?
Is the housing market in Black Cross growing?
The growth of an area like Black Cross 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|
|Black Cross growth rate||-5%||7%||29%|
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 Black Cross if you want to find out the exact reasons for the housing change.
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Black Cross, currently, £0 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
When browsing houses for sale in Black Cross 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.
What is the asking price on average of houses for sale in Black Cross?
Average price of houses for sale in Black Cross
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£191,322|
|Average asking price (3 bed)||£371,798|
|Average asking price (4 bed)||£721,429|
|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 Black Cross 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.
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 Black Cross 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 £342,563.
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 Black Cross.
What is the final sale price of a house in Black Cross?
For the city of Black Cross, the average price a house sells for is £300,260. This value usually depends on the exact location of the house within Black Cross as well as other factors like the population growth which is 8% over a ten-year period.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£360,046|
|Aerage sold price (semi-detached)||£267,087|
|Aerage sold price (terraced)||£220,947|
|Aerage sold price (flat)||£190,627|
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 Black Cross.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£2,910|
|Aerage sold price/sqft (new build)||£2,780|
|Aerage sold price/sqft (old stock)||£2,790|
Generalising the bottom table, the average value per square foot of a house for sale is £2,910. This value averages all of the types of houses for sale in Black Cross. 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 Black Cross.
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.
Advice from experts on properties for sale in Black Cross
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.
In Black Cross, what are the demographics like?
How much green space is available to residents of Black Cross?
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 Black Cross currently has 35 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 Black Cross in this case.
In the city of Black Cross, has the population grown or shrunk?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Black Cross if 8221 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 Black Cross such as rental yield or house appreciation.
How has the population size of Black Cross adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Black Cross by 4%. 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 4% 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 Black Cross?
In the last decade, the population of Black Cross has been adjusted by 8%. 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.
For the city of Black Cross, what is the education level?
Interestingly, the percentage of people who have a degree in the city of Black Cross is 22%. 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 Black Cross is £39,300.00.
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.
What salary does the community in Black Cross take home?
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 £39,300.00.
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 Black Cross this figure is 21%.
Black Cross in the county of Cornwall 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 Black Cross is located in; South West.
Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Black Cross, 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.
What’s crime like in Black Cross?
Within Black Cross, the number of people committing crimes is 6100% 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 6100% figure carefully.
What is the city of Black Cross’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 Black Cross, the percentage of people in the two highest categories, A and B is 21%. 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 £39,300.00. This income will generally get bigger as the percentage of people in the A and B categories go up too (21%).
Are the people of Black Cross deprived?
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 Black Cross, in particular, the deprivation levels are £0.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
House for sale in a different UK region
We have prepared a list of cities that are entirely dissimilar to the region of South West, perfect if you are looking for somewhere similar to Black Cross but want to relocate to a different region entirely. You should then be able to evaluate the different houses for sale listed in the region:
- bicker in South West
- willenhall in South West
- high-beach in South West
- barley in South West
- bickerton in South West
Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.
Do properties in Black Cross have the potential for renovation?
If planning permissions are abundant in the vicinity of Black Cross, it may look promising for landlords looking to renovate. With 14 getting approved on a monthly basis, and a success rate of nan, these prospects flourish against a population of 8221. 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 Black Cross?
Black Cross boasts a monthly total of 9 property transactions, while the entire UK witnesses approximately 1.1 million property sales. You can visit our pages that give information on houses for sale based on Rightmove data from the same region using the link
In a city like Black Cross, what’s the yearly fluctuation in population?
For a comprehensive analysis of Black Cross’s population trends, observe the population fluctuation over a decade, indicated by 8%, and the five-year alteration represented by 4%. Perhaps also look at data from another nearby city too so you can see a comparison.
What are the asking rates for houses for sale in the surrounding area of Black Cross?
In Black Cross, 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 Black Cross a financially demanding choice?
Determine whether a property is expensive by comparing a list of houses for sale to the prevailing average selling prices. In Black Cross, this figure stands at £300,260, while the UK average is £286,500.