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 Dumbleton, Gloucestershire.
From the average asking price of houses for sale in Dumbleton, to the growth of the population in the area, all will be talked about regarding the city of Dumbleton. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
What are the people like in Dumbleton?
What is the population of Dumbleton?
In total, the number of people in Dumbleton is 41501. This figure can be used to estimate the appreciation of the houses but it is also important you look at the population growth figure in order to make this more accurate.
Whether a large population benefits you as a landlord is dependent on what you want from a home. A large population is great if you have children who prefer the bustle of crowds in cities but there are also those who purposely want to buy somewhere rural.
You may also be able to find a balance of both where there are shops, restaurants and entertainment and also rural areas all within a short distance which may be the case ni Dumbleton, depending on where exactly you are.
How has Dumbleton changed in the past five years?
Five years provides enough time for a city to grow dramatically. It may be the case that the population grows or shrinks but the city of Dumbleton has changed by 8%. Read more here
It is also helpful to compare this data to a longer time period like 10 years like in the below subheading. If the population trend of growth or decline has been there for a longer period of time you’ll be able to tell if 8% is a recent change or not.
Click here to know more on the UK population trends.
In the last decade, what is the difference in population in Dumbleton?
12% has been the population growth change in the past 10 years.
Usually, this is more of a conservative figure compared to the five year change of a city.
Industrial changes can also be the reason for this shift but it could also be due to immigration or emigration. Bringing people in or out of the area.
The recent global pandemic has also shifted the number of people living in cities as people realise they can now work remotely. It may be that the people of a Dumbleton have seen a more desirable way of working, moving to make themselves more comfortable in their careers.
For example, the population of the South west of England has seen a massive increase in population because workers want to move there to benefit from the slightly better weather, lower house prices and also the rural area. Nonetheless, they can also benefit from travelling to the capital city of the UK, London.
Are the people of Dumbleton deprived?
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 Dumbleton 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.
In the city of Dumbleton, the demographics are unique and must be looked at by themself to make a conclusion about the area before buying a house. This is because the growth could be greatly different to the wider area of Gloucestershire for example.
These demographics for Dumbleton may impact the price of a house, how this house grows over time and the profitability of a house if you are buying it for an investment so knowing the area is crucial for a landlord making a purchasing decision in the city of Dumbleton in West Midlands.
In the city of Dumbleton, is there a lot of green space?
In the city of Dumbleton, there are 17 acres of green space per 1000 residents.
The charity, ‘Fields in Trusts’ recommends a minimum of 6 acres of green space per 1000 people so it is easy to see where Dumbleton is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.
What’s a social grade score and how does it relate to Dumbleton?
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 Dumbleton, 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 £42,900.00. This income will generally get bigger as the percentage of people in the A and B categories go up too (21%).
Are the people in Dumbleton earning a lot?
By and large, a higher household income in a population can have positive effects on the crime rate and the quality of space. This is due to the fact that higher earners tend to buy houses where there are better schools and more desirable amenities that impact the quality of life someone has.
In Dumbleton, the average income is £42,900.00. Measuring this figure against the average household income for the UK of price34,000 should tell you if the city is higher or lower earning.
When buying a house, use this statistic with other factors when making a decision too like the crime rate or the social grade score of 21% to decide on what the demographics are like in the area.
What’s crime like in Dumbleton?
For every one thousand people living in Dumbleton, 11500% 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 11500% 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.
Is the education level of Dumbleton important when buying a house?
In Dumbleton, the proportion of people who have a degree is 24%. Generally speaking, as the number of people with degrees increases, the more people are able to afford houses to buy as a degree is a good indicator of a higher income. To put this into perspective, the average income of Dumbleton is £42,900.00.
This figure for average household income usually goes up alongside the percentage of people who have degrees.
However, this is not a hard and fast rule, there are many factors influencing the buying power of a population and hence the appreciation of housing and the number of houses for sale in the area. This can include the rental yields of the area and other demographic statistics like crime rate.
Nonetheless, it cannot be argued that those with degrees tend to live in more affluent areas as 82% of people who achieve a first in degree level education are owners of the place they live.
In Dumbleton, what are the rental yields?
Are there more or fewer houses being built in Dumbleton?
The growth of an area like Dumbleton 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|
|Dumbleton growth rate||-3%||9%||14%|
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 Dumbleton if you want to find out the exact reasons for the housing change.
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 Dumbleton.
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 (Gloucestershire) as well as the broader region; West Midlands.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
Also, you can compare other data to the table above such as the number of houses sold per month in Dumbleton which is 27 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 Dumbleton is to invest in. Both in terms of rental yield and capital appreciation.
Advice from experts on properties for sale in Dumbleton
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
What are the asking prices for the houses for sale in the city of Dumbleton?
As you go ahead and make offers on a house for sale, it is sometimes best to know what other people are offering for the same type of house for sale so you know what to offer yourself to get a good deal. So you should know, the average asking price of Dumbleton is £337,432.
Even though the asking price is not what the eventual price the house is sold at, making a note of the averages for the city of Dumbleton is useful when negotiating and knowing what to expect for every type of house for sale.
Average price of houses for sale in Dumbleton
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£235,556|
|Average asking price (3 bed)||£336,072|
|Average asking price (4 bed)||£458,631|
|Average asking price (5 bed)||£573,458|
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 Dumbleton has a lack of supply of housing in certain categories.
houses for sale in other cities and regions in the UK
Below is a list of towns that differ from Dumbleton.
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 West Midlands:
- ainderby-quernhow in West Midlands
- huddersfield in West Midlands
- ballinger-common in West Midlands
- seaton in West Midlands
- appleton-wiske in West Midlands
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.
Choose the right house for sale that suits your needs
Criterias that have an impact on the actual price of a house for sale have been listed here below. Consider them all to find the perfect houses for sale in Dumbleton.
Affordability – check this article from the UK government to find out (see what house for sale you can afford)
Location – if the house for sale is in the city centre rather than further out, this may be why it is more expensive than the market average.
Transports near the house for sale – Being able to use public transports is a huge plus for a house, especially in big cities. This will have an impact on the price as well.
Bedrooms – the more bedrooms there are in a house for sale, the more tenants a buy to let investors will be able to host, therefore, realistically the price will also increase.
EPC of the house for sale – today more than ever, the energy performance of properties for sale on the market should be one of the first things you check.
Wi-Fi speed – We recommend you check the internet plans available for the areas where you are considering to buy a house for sale
Are you a motorist? – If yes, filter out your searches and compare prices of houses for sale with parking availability. Remember, a car parking space can cost as much as £400 per month
Conditions of the house for sale – New builds and properties that were recently built usually need little to no repairs; instead, other houses for sale may require consistent or structural maintenance. These investments that can be both expensive and laborious to complete. Before making your offer for a house for sale you should always carefully assess this criteria.
In Dumbleton, what do houses for sale tend to sell for?
In Dumbleton, the average sale price of a house for sale is in fact £260,829. This is dependent on the 10 year population growth of Dumbleton being 12%. Growing populations are more likely to inflate the prices of houses for sale in the city of Dumbleton.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£342,197|
|Aerage sold price (semi-detached)||£226,893|
|Aerage sold price (terraced)||£190,776|
|Aerage sold price (flat)||£125,776|
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 Dumbleton.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£2,590|
|Aerage sold price/sqft (new build)||£2,740|
|Aerage sold price/sqft (old stock)||£2,470|
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 £2,590. This means if you are just looking out the houses sold in Dumbleton in general and didn’t take into consideration the type of build. For example, a new build.
Is it possible to renovate a property in Dumbleton?
Amidst the urban landscape of Dumbleton, 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 21 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 (41501).
On a monthly basis, how many property transactions take place in Dumbleton?
In the city of Dumbleton, there are 27 and in the total for the UK, there are around 1.1 million property sales.
How does the population in a city like Dumbleton change annually?
When evaluating the population trajectory of Dumbleton, explore the decade-spanning population shift of 12% and the five-year modification of population of 8%. By drawing comparisons, see if demographic changes in your chosen area is
prices for houses on sale in the broader vicinity of Dumbleton?
Currently, the mean asking price of a house in Dumbleton is £0, calculated using the average value per square foot
Is investing in a house for sale in Dumbleton a financially demanding choice?
Calculate if a property is on the pricier side by matching a listed house for sale against the mean selling prices. In Dumbleton, this value is £260,829, compared to the UK’s average of £286,500.