Bettws 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 Newport.
Before looking for a house for sale in the city of Bettws 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 Bettws.
House for sale in a different UK region
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 Bettws 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.
A house for sale that is right for you
Find here below a list of criteria that we suggest you consider before looking for houses for sale in Bettws
- 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.
What’s the rental yield in general for the city of Bettws?
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 Bettws this statistic is what you were looking for.
Data should also be compared to the broader region of the UK (Wales) alongside Newport 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 Bettws.
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)|
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 Bettws.
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 (35) will be useful.
In Bettws, how has the number of houses changed?
Whenever you are thinking about looking for houses for sale in Bettws, think about how the city is growing and how this may impact the overall growth of the area.
Comparing the growth at different time periods would be a great way to assess whether the growth has slowed down, remained the same or perhaps stagnated over the years.
|1 year||3 years||5 years|
|Bettws growth rate||-4%||21%||20%|
As the population of Bettws grows, this may also push up the price of the houses for sale. More people would be looking to buy homes and permanently live in the area. This demand helps a home appreciate. However, this isn’t always true because some cities build a lot of houses too to match the supply.
What is the final sale price of a house in Bettws?
There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Bettws. In Bettws, this sale price works out to be £171,392. As an example, a factor like population growth over the last 10 years which works out to be 8% in Bettws and impacts house prices of the houses for sale.
|Housing category||Total final sale price|
|Average sold price (detached)||£286,265|
|Average sold price (semi-detached)||£181,212|
|Average sold price (terraced)||£132,376|
|Average sold price (flat)||£98,637|
Above, the exact type of house is also shown to vary in price in a table in Bettws. You may think that the bigger the house is the more expensive, but actually, this table is more based on the demand for the properties in each category.
|Housing category||Sale price per square foot|
|Average sold price/sqft||£1,850|
|Average sold price/sqft (new build)||£2,090|
|Average sold price/sqft (old stock)||£1,730|
In addition, here is the price per square foot. By taking this data and doing an average, it is also possible to work out the average square foot of houses in Bettws which is £1,850. From here you can get a sense of the price of the overall housing market and therefore, also find out the prices of the houses for sale.
What are the demographics like in the city of Bettws?
What is the social grade score of Bettws?
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 Bettws in grades A or B which are the highest skilled roles in the country is 14%.
Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £37,300.00 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 14%.
Have the people of Bettws grown in numbers?
In total, the number of people in Bettws is 50638. 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 Bettws, depending on where exactly you are.
How has Bettws 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 Bettws has changed by 6%. 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 6% 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 Bettws?
8% 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 Bettws 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.
In Bettws, how educated are people in general?
The number of people as a percentage who have been through university and gained a degree is 21%. The ability to buy a home is greatly influenced by the number of people who have degrees. £37,300.00 is the amount people in Bettws 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 Bettws, 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.
What’s the crime rate in Bettws?
In Bettws, for every 1000 people, there is currently a crime rate of 18600%. This can be compared to the national average of 79.52 for every 1000 people.
Low crime rates are desirable for your safety as a homeowner. Even if you don’t tend to leave the house too often and tend to not mind living in a slightly more dangerous area. Things like burglaries are always a possibility which could harm your ability to pay for home insurance and also may force you to install additional security in your home that can cost you further.
Having said this, you can look at the crime rate on a deeper level to find out what the threats are exactly. It could be the case that a proportion of these crimes (18600% for every 1000 people) come from things like anti-social behaviour rather than more serious crimes like violence and sexual offences.
If this is the case you may be more willing to look over a high crime rate within the areas you’re looking to buy a home.
How deprived is the population of Bettws?
Deprivation levels refer to the ability of the population of the city to earn enough to keep their lifestyle going. Nationwide, it is thought that the number of people at this level or not being able to meet the costs of living is around 33%. In comparison, the deprivation level of Bettws is £0.
Bettws within Newport is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Bettws 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 Bettws.
What salary does the community in Bettws take home?
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 Bettws, the average income is £37,300.00. 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 14% to decide on what the demographics are like in the area.
How much green space is available to residents of Bettws?
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 Bettws, the city has 9 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 Bettws.
Advice from experts on properties for sale in Bettws
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
On average, what is the figure for the asking price of a house for sale in Bettws?
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 Bettws 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 £207,231.
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 Bettws.
The average asking price for the houses for sale in the city of Bettws
|Average asking price (1 bed)||£110,711|
|Average asking price (2 bed)||£143,075|
|Average asking price (3 bed)||£209,894|
|Average asking price (4 bed)||£317,659|
|Average asking price (5 bed)||no relevant data for this city|
Reading the table above should therefore give you a good idea of the type of house for sale that is within your budget in Bettws 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.
Frequently Asked Questions
Do properties in Bettws offer renovation potential?
Amidst the urban landscape of Bettws, 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 14 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 (50638).
What’s the number of property sales each month in Bettws?
In the city of Bettws, there are 35 and in the total for the UK, there are around 1.1 million property sales.
In a city like Bettws, what’s the yearly fluctuation in population?
To work out how the population of Bettws has changed over time, you can look at the population change over a decade which is 8% and the change in a five year period two which falls at 6%. Compare the two and look at the population growth or decline in recent times to really make sure you have a good understanding of the population
What are the asking rates for houses for sale in the surrounding area of Bettws?
Currently, the mean asking price of a house in Bettws is £0, calculated using the average value per square foot
Would acquiring a house for sale in Bettws be regarded as a high-priced option?
Determine whether a property is expensive by comparing a list of houses for sale to the prevailing average selling prices. In Bettws, this figure stands at £171,392, while the UK average is £286,500.