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Abertridwr – What to look for in houses for sale?

by | Nov 15, 2022

Home $ House for sale in the UK $ Abertridwr – What to look for in houses for sale?

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Whenever looking for a house for sale in the UK or in Abertridwr, it is vital you look at the market trends and house price fluctuations in the wider area of Caerphilly too. House prices of houses for sale can change even among different streets very close to each other so, as a landlord, it would be a good idea to be familiar with the area of Abertridwr.

In this article, we will be looking at the city of Abertridwr in detail so you know how to navigate the area and have a better understanding on where to invest.

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

In Abertridwr, houses for sale are sold at an average of £175,061. In general, multiple factors impact this figure because lots of variables impact properties valuation. This can include the quality of the buildings in general, whether the population has grown, if there is demand for housing or if there is a low crime rate which would make the area more desirable.

In the table below, you can see for yourself how the average price of a house for sale looks based on the different sizes of housing in Abertridwr. The exact amount of variation between the types of housing depends on the local demand for particular types of houses in the area.

Housing category Total final sale price
Aerage sold price (detached) £266,228
Aerage sold price (semi-detached) £167,040
Aerage sold price (terraced) £133,898
Aerage sold price (flat) £99,477

As you can see above, for Abertridwr, price varies based on the type of house that is being sold. If these prices shock you it could be due to population change in the last 10 years of 2% where lots of movement may inflate or deflate house prices.

Housing category Sale price per square foot
Aerage sold price/sqft £1,950
Aerage sold price/sqft (new build) £2,170
Aerage sold price/sqft (old stock) £1,830

Looking at the second table about Abertridwr, you are able to tell which type of housing is most affordable to you as a buyer. However, for a general overview of what house price is, the average price per square foot for a house in Abertridwr is £1,950.

Thinking of a different city and perhaps a different location?

We have prepared a list of cities that are entirely dissimilar to the region of Wales, perfect if you are looking for somewhere similar to Abertridwr 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:

Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.

On average, what is the figure for the asking price of a house for sale in Abertridwr?

Average prices for the houses for sale in Abertridwr

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £188,775
Average asking price (3 bed) £216,638
Average asking price (4 bed) £369,363
Average asking price (5 bed) £495,909

Reading the table above should therefore give you a good idea of the type of house for sale that is within your budget in Abertridwr 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 Abertridwr 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 £226,844.

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 Abertridwr.

Invest in a house for sale that meets your demands

What parameters impact the final price of a house for sale in Abertridwr?
Here below is our list with the most important ones:

  • House for sale affordability – check out the (see house affordability guide)

    on the UK gov website to know more

  • House Location – the actual location of a house for sale drastically changes the final price of a property

  • Transports you can reach by foot – Commuting is part of our lives, especially in big cities, check it out before buying a house for sale.

  • Number of bedrooms – Usually, the bigger the house for sale the more bedrooms it will have. For example, if you are a single person (or a couple) one bedroom will do.

  • Energy Performance Certificate of the house for sale – Bad EPCs can result in thousands of pounds more in bills you will have to pay on an annual basis. Consider this when purchasing a new property.

  • Internet connection – Having a quick internet connection is fundamental nowadays. Check the area of the house for sale to understand what the average internet speed is and see if it fits your needs

  • Do you drive to the office? – If yes, ask about parking. Is it included in the house price?

  • Special areas – Start by taking a look at the National Heritage list by the UK government. If a house listed for sale appears in the list, the future landlord won’t be able to invest in changes to the real estate asset.

  • Houses for sale Conditions – When looking for houses for sale you should always consider the amount of time and money you will have to invest to complete the needed repairs, if any at all.

How are rental yields of the houses for sale different to the rest of the UK in Abertridwr?

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 Abertridwr this statistic is what you were looking for.

Data should also be compared to the broader region of the UK (Wales) alongside Caerphilly 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 Abertridwr.

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)
Abertridwr £0 £824 £1 £0
Caerphilly 4.40% £824.00 140.00% 17.50%
Wales 0.04 861.19 £1 14.84%

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 Abertridwr.

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 (37) will be useful.

In Abertridwr, how has the number of houses changed?

Before committing to Abertridwr 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
Abertridwr growth rate 11% 28% 36%

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 Abertridwr is building housing to find your answer.

Advice from experts on properties for sale in Abertridwr

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

What kind of demographics does the city of Abertridwr have?

In the city of Abertridwr, how much green space remains for residents?

Whether you view green space in Abertridwr 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 Abertridwr, the number of acres of green space for every 1000 people currently is 21 which can be measured against the UK average of 1.7.

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

For the city of Abertridwr, crime rate is at 82. So for every 1000 people in the area, 82 commit a crime which is prosecuted. Paying close attention to this figure of crime rate is not only important for the value of a house but also to calculate the maintenance cost of owning a house and how attractive an area can be for future buyers.

So, compare it to the nationwide average of 79.52 per 1000 people and consider if you are happy with this figure based on the price you’re paying for a house you’re interested in.

On top of this, houses that are in areas where there is a high crime rate tend to have to pay higher insurance rates, costing a homeowner in the long term.

Additionally, paying for further security on a house such as CCTV or potentially gates and fences that deter thieves may be necessary for an area with a high crime rate.

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

In Abertridwr, the proportion of people who have a degree is 21%. 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 Abertridwr is £32,600.00.

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.

Abertridwr within Caerphilly is notable for the type of people that live there. The statistics below show how this is the case.

As you read on, Abertridwr will be looked at by comparing it to the local region, as well as comparing it to the wider region too (Wales). From what the population of the city is to how it’s growing as well as factors like the overall crime rate.

This data is impacted by the history of the area and what kind of industry there is around. All of which also impact house prices which is crucial for you to understand as you look at houses for sale in Abertridwr.

Have the people of Abertridwr grown in numbers?

In the UK in general and specifically in the region in question, large population sizes can be good indications that there are a lot of people in the area looking for houses for sale which can drive up demand and therefore impact the cost. You should also check to see if the population is growing in the area too to show an increasing demand, this is even better. Currently, the total population of Abertridwr is 55303.

Sometimes, smaller populations can have higher buyer demand than large populations on the other hand. This is because the price of houses and hence the demand for houses is based on a variety of variables.

The most important variable is the location of the houses for sale in the city of Abertridwr.

In Abertridwr, how has the population changed over the last five years?

In the last five years, over time, the change in population size was 1%. Looking at this figure can inform you of the buyer demand for the houses for sale in the area. Read more here

This may mean that the city has now started to slow down in terms of population growth or it may mean the city is also building a lot of houses which would indicate the supply of houses for sale will be matching the demand.

Making predictions about the future growth of Abertridwr is hence important in making a decision if capital appreciation of your real estate investment is something you’re after as a landlord.

Comparing this figure for the 5 year growth (1%) as well as the ten year growth in the subheading below should allow you to make some accurate forecasts on the growth rate. Click here to know more on the UK population trends.

Abertridwr population difference over 10 years?

The population has adjusted in the area of Abertridwr by 2% in the most recent decade. This change is even more useful when compared alongside the figure for the five year growth of the area too.

This will tell you if the population is changing at the moment or if change is more recent. Through this a landlord can accurately look at the fluctuations in population size of the area over time and therefore better understand the trend of the houses for sale in Abertridwr.

To make an example, the town of Salford which is a part of Manchester has seen a 10% increase in population. house price has therefore followed.

What is the social grade score of Abertridwr?

Most of the time, the social grade score of a city is what it takes to determine what the economic levels are like as this score refers to what type of jobs the people of the area generally work as. So, from highly skilled, managerial roles, to the manual labour workers of the UK, how does Abertridwr compare?

At the highest end of the scale (A) jobs that are managerial administrative or professional are all lumped into this category. On the other hand, there is the lowest grade (E) where workers who are on benefits, state pensions or work casual jobs fall into.

In Abertridwr, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 0.17.

So you can compare this data, here is the estimated grouping of the social grades of the UK for the general population. Adding the two highest categories of A and B and comparing this percentage to the high social grade score which combines A and B should give you a good comparison.

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

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

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 Abertridwr should give you a nice idea of the deprivation in the area.

What salary does the community in Abertridwr take home?

Typically, as people earn more money, the more they are able to afford and the better house prices in the area because demand goes up. You could also infer that the amenities such as schools, parks and public areas are generally of high quality as a result.

For these reasons, it could be argued that areas where people earn more money are generally nicer arrears to live in which also attracts more people as a result and further drives up house prices in the area.

To see if this phenomenon occurs in Abertridwr. Compare the area’s average household income of £32,600.00 to the average household income in the UK at price34,000. Adding to this, compare it with the figure for the highest social grade score too at 0.17 for more conclusive data on the affluence of the area.

FAQ

Do properties in Abertridwr offer renovation potential?

Properties in the city of Abertridwr may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are 15 approvals every month with an approval of 80% based on a population of 55303. Compare other places in the UK to make this figure make more sense.

On a monthly basis, how many property transactions take place in Abertridwr?

In the city of Abertridwr, there are 37 and in the total for the UK, there are around 1.1 million property sales.

What is the population change each year in a city like Abertridwr?

When evaluating the population trajectory of Abertridwr, explore the decade-spanning population shift of 2% and the five-year modification of population of 1%. By drawing comparisons, see if demographic changes in your chosen area is

What are the asking rates for houses for sale in the surrounding area of Abertridwr?

The current average price per square foot for a house in Abertridwr stands at £0, considering the mean cost for each square foot of houses for sale there.

Would acquiring a house for sale in Abertridwr be regarded as a high-priced option?

To work out if you are looking at an expensive property, find a house for sale and compare it to the average prices sell for. In Abertridwr this number is £175,061 and in the average for the UK is £286,500. Also, make sure you don’t miss a crucial step by following our tutorial when buying a house

Find an estate agent where you’re looking to buy in Abertridwr

When buying, having the right expertise when navigating Abertridwr and the property market can be a great advantage. So, don’t make things harder for yourself and tackle a home purchase on your own. Browse our list of reputable estate agents below to help you on your house hunt!

Estate agent Email Contact number Address of agent
Diamonds nan nan 1 Saint Fagans Street
Fussells Lydia Diamond (lydia@diamonds-salesandlettings.co.uk) nan 6 Market Street
Mel John Phone number only 442922276082 56 Hazel Grove, Caerphilly, CF83 3BP
Aktons Estate Agents Phone number only 442920538197 60 Cardiff Road, Caerphilly, CF83 1JQ
nan nan nan nan

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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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