Blunts might be an interesting area to invest in when looking for a house for sale in the UK as it is a unique area in the county of Cornwall.
Before looking for a house for sale in the city of Blunts we strongly suggest landlords and real estate investors to research in detail and consider all involved factors. Indeed, house prices can change quite a bit depending on the square foot of the property, the number of rooms, the economic climate, the location of the house and more.
In this data heavy article the reader will be able to find out more on the topic and see the specific data to consider when evaluating different houses for sale in Blunts.
In general, for the city of Blunts, what are the final purchase prices for the houses for sale?
For the city of Blunts, the average price a house sells for is £227,873. This value usually depends on the exact location of the house within Blunts as well as other factors like the population growth in Blunts which is 8% over a ten-year period.
Housing category | Total final sale price |
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Aerage sold price (detached) | £311,004 |
Aerage sold price (semi-detached) | £204,999 |
Aerage sold price (terraced) | £180,133 |
Aerage sold price (flat) | £126,874 |
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 Blunts.
Housing category | Sale price per square foot |
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Aerage sold price/sqft | £2,390 |
Aerage sold price/sqft (new build) | £2,810 |
Aerage sold price/sqft (old stock) | £2,290 |
Generalising the bottom table, the average value per square foot of a house for sale is £2,390. This value averages all of the types of houses for sale in Blunts. 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 Blunts.
What are the asking prices for the houses for sale in the city of Blunts?
Average price of houses for sale in Blunts
Average asking price (1 bed) | no relevant data for this city |
Average asking price (2 bed) | £204,473 |
Average asking price (3 bed) | £272,632 |
Average asking price (4 bed) | £441,957 |
Average asking price (5 bed) | no relevant data for this city |
The above table is perfect for understanding the distribution of properties in the area as well as looking at this data alongside the average asking price per square foot of £0. Telling you what type of house is most in demand relative to the price of the area.
This could be due to more people looking at particular types of houses for sale over others or even due to the fact that Blunts has a lack of supply of housing in certain categories.
When speaking about the city of Blunts, £297,303 is the asking price for a house for sale.
We have compiled a table of data so you can know the asking prices of the specific size of home you’re most interested in. As you can imagine, a family looking to move out with children would be after a larger house than someone living alone in Blunts.
The data is in fact very different compared to the number of rooms you’re interested in having in your home and the asking price also tends to go up in staggering amounts as you add rooms.
What’s the rental yield in general for the city of Blunts?
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 Blunts this statistic is what you were looking for.
Data should also be compared to the broader region of the UK (South West) alongside Cornwall 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 Blunts.
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) | |
---|---|---|---|---|
Blunts | 3.6% | £899 | no relevant data for this city | 31.0% |
Cornwall | 3.46% | £950 | 116.50% | 13.34% |
South West | 3.57% | £1,079 | 132.66% | 17.35% |
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 Blunts.
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 (26) will be useful.
What is the growth in the housing market of Blunts?
The growth of an area like Blunts 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 | |
---|---|---|---|
Blunts growth rate | 4% | 23% | 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 Blunts if you want to find out the exact reasons for the housing change.
What are the demographics like in the city of Blunts?
What is a social grade score and how does this relate to Blunts?
In the city of Blunts and throughout the UK, the social grade score is assessed by observing what type of jobs people have and then grouping this into a grading system.
In general, the people at the top of the scale (the A category) have the highest paid, most skilled jobs and this is just 4% of the general UK population. On the lower end of the scale, people who are on benefits, state pensions and also manual workers all are grouped into this category that represents the most unskilled.
When trying to determine if the area of Blunts has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 23%.
Below, you can see how this compares to the National average as the average for the top two categories nationwide is 27% (Adding together the A and B categories)
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 |
How much are those living in Blunts earning?
As earning potential goes up in a city, so does the quality of schools in the area, the general infrastructure and the social grade score (23%). All in all, the area becomes a more desirable place to live in.
This is why it is vital to pay attention to how much people are making annually in any city you plan on making a house purchase in. In Blunts, this works out to be £43,000. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
Is there sufficient green space in Blunts?
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 Blunts currently has 23.1 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 Blunts in this case.
What’s crime like in Blunts?
For every one thousand people living in Blunts, 53 commits crimes and are prosecuted. Coming to a conclusion as to whether all the other factors of your house purchase like the house price justify this figure when contrasting it with the UK average of 79.52 is something you should do as a homeowner.
It could be that the crime rate is higher than you expected but there it is worth the population growth, appreciation of the house and worth the relative price you are purchasing the house for.
Nonetheless, the crime rate of 53 is not a statistic that should just be ignored as you could have to pay more for things like home insurance and install additional security on your house if the rate is particularly high.
Either way, burglaries are not something you would want to encounter in a house. Whether that be a house you are living in or a house you are renting out to tenants.
What is the population of Blunts?
The city of Blunts has a total population of 21,882. 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 Blunts 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 Blunts
Over time, in the last five years, the population of the city of Blunts has changed by 4%. 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 4% 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 Blunts?
In the last 10 years, there has been a shift in the population of 8%.
Comparing this to the 5 year figure of Blunts 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.
Located in Cornwall is the city of Blunts, in a large part of the UK; South West. Before you look for houses for sale in this area, it is a reasonable question to ask what the people who live there are like.
Below, the population of Blunts has been dissected in terms of if the population is educated, what the crime rates are like and much more. All important factors to consider before making a house purchase among the offer of the houses for sale.
The knowledge below is based on a lot of different variables relevant to the city of Blunts which impacts the profitability of making an investment here or how desirable buying a house to live in is if you want to live on a permanent basis.
What is the education level like in Blunts?
The number of people as a percentage who have been through university and gained a degree is 28%. The ability to buy a home is greatly influenced by the number of people who have degrees. £43,000 is the amount people in Blunts are earning.
As you can tell, this figure along with the number of people who have degrees roughly correlate. For reference, the percentage of people who have degrees in the UK is 22.6% and the average household income is.
As a general rule, the bigger the difference between this 22.6% figure and the percentage of people with a degree in Blunts, the bigger the difference in the ability to earn and hence buy a house. A higher number of degrees will increase the potential for people to earn and hence the buying power of the population. This will also push up the price of houses in the area.
Nonetheless, making accurate estimates for the appreciation of homes must be done with other pieces of data in mind such as the rental yields or perhaps the crime rate of the area to name some examples.
Are the deprivation levels of the UK any different to Blunts?
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 Blunts, in particular, the deprivation levels are 20%.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
Get professional help on the houses for sale in Blunts
Nowadays, there are so many properties on the real estate market that it can be difficult to decide which one is the best house for sale for you.
So, who can help you navigate the process of choosing a house for sale?
The number of professionals that offer real estate investors advice and assistance is broad and when it comes to dealing with houses for sale, the process can be complex.
Find here a list of those that can help when buying a house for sale:
- Moneylender – lends you the sum of money you need to buy the house for sale you are looking for
- Insurance agent – A firm that provides several insurances and protections for the house for sale that might become your future house
- Solicitor – A person or company that will sort out the legal work needed before buying a house for sale
- Civil engineer – Also called surveyor, he or she will provide you with an independent valuation of the house for sale you are willing to buy
- Mortgage advisor – Realistically, you will need a mortgage in order to afford to buy a house for sale. Mortgage advisors will guide you and propose the best mortgage deals based on your financial records
- EPC specialist – Especially nowadays, getting professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering buying is crucial
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 Blunts
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affordability – the UK gov website comes in helpful when you want to understand (see what house for sale you can afford)
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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.
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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.
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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.
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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.
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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
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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?
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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.
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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.
Thinking about other cities with houses for sale?
We have prepared a list of cities in South West, the same UK region of Blunts that can help you evaluate the different houses for sale listed in the region:
- Berepper in South West
- Ash-Thomas in South West
- Aller in South West
- Boveridge in South West
- Drakeland-Corner in South West
Alternatively, you can visit our webpage dedicated to houses for sale in the UK, houses for sale in the UK.
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