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

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in West Midlands $ How much will you pay for a house for sale in Boughton?

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Boughton 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 Northamptonshire.
Before looking for a house for sale in the city of Boughton 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 Boughton.

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

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 Boughton, what are the rental yields?

The figure of rental yield is commonly looked at by investors who wish to increase their income by investing in areas where rental yields of the houses for sale are higher. Usually, the higher the rental yield, the more attractive a house for sale is for an investor. This is why it is common for landlords to increase rent using section 13, to maximise this yield, as it is so important.

Nonetheless, there are also instances where an investor will go with a house with lower yields in order to benefit from the appreciation of a house too which is why it’s vital to look into all the details of Boughton.

The data below shows the rental yield, rent turnover and the percentage of the money made on the sale of a house. The data is broken down into the county city is in (Northamptonshire) as well as the broader region; West Midlands.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Boughton £0 £875 £1 £0
Northamptonshire 3.73% £982.61 126.92% 19.22%
West Midlands 0.04 876.64 £1 20.00%

Also, you can compare other data to the table above such as the number of houses sold per month in Boughton which is 30 and get a better understanding of the housing market.

This is great if you want to gauge if investors are actively looking for houses for sale in the area over other areas in the UK which may be an induction of how profitable Boughton is to invest in. Both in terms of rental yield and capital appreciation.

Are there more or fewer houses being built in Boughton?

Before making an investment and move forward with buying a house for sale, another important set of data an investor should analyse is the growth trends of the area in question.

Below are the forecasted growth rates for the city of Boughton at 1 year, 3 year and 5 year intervals:

1 year 3 years 5 years
Boughton growth rate 4% 19% 21%

Examine this figure carefully as the addition of a lot of new houses to meet demand could mean that house price of the houses for sale in Boughton gradually reduces with an increase in the housing supply. This could be a good indicator to understand if your house will appreciate or not. Too many houses and too much supply could drive down the prices of homes or stagnate them. So be sure to check out what is exactly happening in Boughton.

Invest in a house for sale that meets your demands

When browsing houses for sale in Boughton 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.

Asking price in Boughton for a house for sale

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 Boughton 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 £272,438.

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 Boughton.

Average price of houses for sale in Boughton

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £224,535
Average asking price (3 bed) £271,618
Average asking price (4 bed) £384,147
Average asking price (5 bed) no relevant data for this city

After looking at this table about prices of houses for sale in Boughton, someone who is buying a home would have a detailed understanding of what kind of house for sale is available on the market that best suits the amount of money they are looking to invest. Also, using a more general figure like the average asking price per square foot of a property which is £2,890 will help them to have a more holistic understanding.

What are the people like in Boughton?

Located in Northamptonshire is the city of Boughton, in a large part of the UK; West Midlands. 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 Boughton 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 Boughton 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 there sufficient green space in Boughton?

Whether you view green space in Boughton as important to you as a homeowner is up to your personal preferences. Having said this, there is a clear benefit on the overall health of people who live near green space as the government has stated keeping green space in proximity to people is one of the biggest factors for combating obesity.

In Boughton, the number of acres of green space for every 1000 people currently is 17 which can be measured against the UK average of 1.7.

In general, do people commit a lot of crime in Boughton?

The crime rate of Boughton 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 12000%, 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 (12000%) is both useful and is recommended to be compared to the average.

For the city of Boughton, what is the education level?

In the city of Boughton, 22% of people have degrees. In general, as the number of people who are highly educated goes up, the more likely they are to have the ability to buy houses as their annual household income goes up too.

So you can see for yourself, the average income for the people of Boughton is £36,500.00. This generally goes up with the education level of the area. Additionally, looking at the difference between the proportion of people with degrees and the UK average for this statistic (22.6%) should give you an idea of the affluence and education of the city.

A higher education level can therefore tell you if the house prices are likely to be high as the higher income level often results in people buying a bigger, more valuable house.

Having said this, whale education level can be a good factor to go by, there are also things like the rental yields, the population growth and social grades scores that can impact the value of a house and whether it will go up in value as time goes on.

What is a social grade score and how does this relate to Boughton?

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 Boughton, the percentage of people in the two highest categories, A and B is 17%. 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 £36,500.00. This income will generally get bigger as the percentage of people in the A and B categories go up too (17%).

Are the deprivation levels of the UK any different to Boughton?

The number of people who are deprived can have an impact on the perception of your house in the general marketplace. Additionally, if you are looking for a house to live in for the long term, you can start to picture what your neighbours and the people in your area live like financially.

If the proportion of deprivation of Boughton is £0 and in general for the UK this figure is somewhere around 33%, you can see if this figure is something you are happy with as you search for a house to buy.

Have the people of Boughton grown in numbers?

Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Boughton if 37038 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 Boughton such as rental yield or house appreciation.

How has the population size of Boughton adjusted in the last 5 years?

In the previous five years there has been a change in the number of people of Boughton by no relevant data for this city. 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 no relevant data for this city 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 Boughton?

In the last decade, the population of Boughton has been adjusted by no relevant data for this city. 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.

How much do people in Boughton earn?

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 £36,500.00.

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 Boughton this figure is 17%.

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 Boughton and in different UK region to West Midlands. 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.

In general, what do houses for sale sell for in Boughton?

In Boughton, the average sale price of a house for sale is in fact £221,382. This is dependent on the 10 year population growth of Boughton being no relevant data for this city. Growing populations are more likely to inflate the prices of houses for sale in the city of Boughton.

Housing category Total final sale price
Aerage sold price (detached) £321,813
Aerage sold price (semi-detached) £222,389
Aerage sold price (terraced) £185,535
Aerage sold price (flat) £135,167

The list below is able to inform you of what these prices are. Giving you an accurate estimate of whether a landlord is likely to accept your offer based on the prices of the houses for sale in Boughton.

Housing category Sale price per square foot
Aerage sold price/sqft £2,530
Aerage sold price/sqft (new build) £2,940
Aerage sold price/sqft (old stock) £2,330

Evidently, certain types of houses for sale will have different types of demand and this will be reflected on the final price.

On average, the cost of a house for sale per square foot works out to be £2,710. This means if you are just looking out the houses sold in Boughton in general and didn’t take into consideration the type of build. For example, a new build.

Frequently Asked Questions (FAQ)

Do properties in Boughton offer renovation potential?

Every single month in Boughton, there are 10 planning applications, of which nan result in a success. Look at this in terms of the population size of 37038 to work out if you think you’d have good planning success if you were to renovate.

What’s the number of property sales each month in Boughton?

In the city of Boughton, there are 30 and in the total for the UK, there are around 1.1 million property sales.

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

Calculating the evolution of Boughton’s population requires an examination of the population transformation over a decade, amounting to no relevant data for this city, and the five-year adjustment at no relevant data for this city. 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

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

The average cost per square foot for a house in Boughton is presently £2,890.

Is a house for sale in Boughton an expensive choice?

Calculate if a property is on the pricier side by matching a listed house for sale against the mean selling prices. In Boughton, this value is £221,382, compared to the UK’s average of £286,500.

Who are the best estate agents in the city of Boughton?

Looking to pruchase a home to live in or for an investment? Discover agents in the city of Boughton 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:

Name of the Agent Phone Number Address Email Address
Look A Property 443338001999 2 Kingsley Park Terrace Shammi Rela (srela@lookaproperty.co.uk)
Key Home Limited 441604712200 7 Milton Street Ali Baig (ali@keyhomelimited.co.uk);Sarah Lindsay-Bell (sarah@keyhomelimited.co.uk)
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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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