Marazion 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 Marazion.
On top of this, keep reading for detailed information on the demographics of Marazion in Cornwall. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.
What is the asking price on average of houses for sale in Marazion?
Average price of houses for sale in Marazion
|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 Marazion is £0. This should show you the general prices overall and for individual types of houses too.
When investors make offers for houses for sale in Marazion, the average price asked by the homeowners works out to be £461,071.
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 Marazion 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.
In general, for the city of Marazion, what are the final purchase prices for the houses for sale?
For the city of Marazion, the average price a house sells for is £308,533. This value usually depends on the exact location of the house within Marazion 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)||£430,929|
|Aerage sold price (semi-detached)||£279,446|
|Aerage sold price (terraced)||£284,440|
|Aerage sold price (flat)||£239,385|
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 Marazion.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£3,450|
|Aerage sold price/sqft (new build)||£0|
|Aerage sold price/sqft (old stock)||£3,280|
Generalising the bottom table, the average value per square foot of a house for sale is £3,450. This value averages all of the types of houses for sale in Marazion. 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 Marazion.
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.
House for sale in a different UK region
If you are looking for a list of cities that are different to the City of Marazion and in different UK region to South West. You might want to consider these as alternatives for your next real estate investment:
- east-calder in South West
- duffryn in South West
- bicker in South West
- ampfield in South West
- brampton in South West
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.
What’s the rental yield in general for the city of Marazion?
Let’s consider that you’re not looking to buy a house for sale to live in for the long term future such as if you changed location with your family and want to settle down and you want to find somewhere to buy as an investor in Marazion. If this is the case, rental yield is a crucial statistic to consider.
If looking to invest, you should also consider other data about the area. The average rental income, the turnover of the sale of the house and what the net rental yields are like for the area do also have an impact on the final price of houses for sale in Marazion.
It is clear to see from the table below that there is a difference between all of these pieces of information and how they can be compared and contrasted on a county level (Cornwall), a regional level (South West) and finally on the level of the city talked about in this article, Marazion.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Marazion||no relevant data for this city||no relevant data for this city||no relevant data for this city||£0|
You may also find it useful to compare the data above to the number of properties sold per month Marazion experiences. This figure for house sales per month is 2. Looking at all this information holistically is what a smart investor should do when deciding on the right area for investment before looking for houses for sale.
Is the housing market in Marazion growing?
Before committing to Marazion to make a housing investment, an investor should always ask the question, what is the growth like in the area?
So take a look below at the growth patterns of the previous years displaying the percentage of new houses being built. This will help you understand how the number of houses for sale will evolve in the future.
|1 year||3 years||5 years|
|Marazion growth rate||no relevant data for this city||no relevant data for this city||no relevant data for this city|
Whether housing growth actually changes the price of a house depends on if the city in question is outstripping demand with the supply of new housing. You’d have to do some more research on what rate Marazion is building housing to find your answer.
What are the demographics like in the city of Marazion?
How much are those living in Marazion 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 (19%). 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 Marazion, this works out to be £37,200.00. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
In the city of Marazion, is there a lot of green space?
In the UK, there are a range of cities which have a lot of green space. In some cases, green space can get as high as 49% of outdoor land like in the city of Edinburgh. When specifically talking about Marazion, the city has 6 per 1000 residents.
This can be compared to an average of 1.7 acres of green space per 1000 residents which is the UK’s national average. It is up to you to decide how much you’ll let the amount of green space impact your buying decision in Marazion.
In general, do people commit a lot of crime in Marazion?
The crime rate of Marazion 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 4600%, 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 (4600%) is both useful and is recommended to be compared to the average.
What’s a social grade score and how does it relate to Marazion?
The social grade of a city is useful when searching for a house for sale because it tells you what kind of jobs people have in the area. For example, there could be a lot of skilled manual workers or there could be a lot of pensioners and people on benefits.
The scale goes from a social grade of an A who are high managerial, administrative or professional workers to an E where people in this category are on state pensions, casual workers or unemployed on state benefits. The number of people in Marazion in grades A or B which are the highest skilled roles in the country is 19%.
Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £37,200.00 is the average household income of the area. You can see how this figure is congruent with the number of people in the top two categories of the social grade at 19%.
How deprived is the population of Marazion?
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 £0 for Marazion should give you a nice idea of the deprivation in the area.
Located in Cornwall is the city of Marazion, 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 Marazion 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 Marazion 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.
Is the education level of Marazion important when buying a house?
Interestingly, the percentage of people who have a degree in the city of Marazion is 27%. 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 Marazion is £37,200.00.
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.
Have the people of Marazion grown in numbers?
Population growth in Marazion is important to know if there is housing demand and the total population may also be looked at as large populations commonly have a lot of buyer demand.
In Marazion, 1557 people live in the city as their main place of residence.
It is important to note that it is not the case that everyone likes a large population to live in. People who tend to prefer a more relaxed life are more likely to buy or rent somewhere to live that has a small population and perhaps also wouldn’t mind if the population isn’t growing.
Other people also like to have a mix of both. Where they can visit rural areas and also benefit from the amenities of a busy city.
In Marazion in the previous five years, have population numbers transformed?
Five years may seem like a long time but it is rare for a city to grow that much unless there is dramatic population growth. In Marazion, this change has been 4%. Read more here
Someone who wishes to find out how this change has occurred over a longer period of time may also wish to read the headings below and see if the change has continued throughout the past decade too. Or if the change is only true for the more recent figure for five years of 4%. Click here to know more on the UK population trends.
Over the last decade, how has the population differed in Marazion?
Populations change all the time but if there is a clear change in population in the last ten years this is even more reliable data about the population of the area as opposed to five. This adjustment in population works out to be 8% in Marazion.
What this statistic is like in comparison to the population change in five years should provide you with a comprehensive understanding of what direction the population is heading in.
In recent years because of the pandemic, it is common to see dramatic differences in the population change in the last five years when comparing it to ten as people realise they can work from home but still keep the current jobs they have.
This means they can move to cities they wouldn’t have considered otherwise and be location-independent of their source of income. Perhaps making a longer commute into the office every week for example.
Choose the right house for sale that suits your needs
Find here below a list of criteria that we suggest you consider before looking for houses for sale in Marazion
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.
Invest in houses for sale in Marazion with the right professional advice
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
Do properties in Marazion offer renovation potential?
Amidst the urban landscape of Marazion, 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 2 and on the other hand, there is a planning success rate of nan. It is also useful to take into consideration the population size of the area (1557).
On a monthly basis, how many property transactions take place in Marazion?
In Marazion, the monthly property transaction count reaches 2, a small percentage of the total house sales in the United Kingdom which equates to approximately 1.1 million.
How does the population in a city like Marazion change annually?
Calculating the evolution of Marazion’s population requires an examination of the population transformation over a decade, amounting to 8%, and the five-year adjustment at 4%. By contrasting these values, analyse recent changes in population to attain a thorough understanding of demographic trends and perhaps also look at house for sale data nearby
prices for houses on sale in the broader vicinity of Marazion?
The average cost per square foot for a house in Marazion is presently £0.
Is purchasing a house in Marazion considered a costly decision?
Calculate if a property is on the pricier side by matching a listed house for sale against the mean selling prices. In Marazion, this value is £308,533, compared to the UK’s average of £286,500.