Bodelwyddan 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 Denbighshire.
Before looking for a house for sale in the city of Bodelwyddan 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 Bodelwyddan.
What is the asking price on average of houses for sale in Bodelwyddan?
On average, in Bodelwyddan, the asking price for a house for sale in the area is £182,698.
The below table puts this figure into perspective as you can see the various average sale prices of the different type of houses for sale in Bodelwyddan. From a 1 bedroom house up to a 5 bedroom house.
As you can imagine, as the price goes up, the size of a room also goes up and in general, the larger a house is, the more you can expect the sale price to be as well.
Average asking prices for houses for sale in Bodelwyddan
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£151,729|
|Average asking price (3 bed)||£187,803|
|Average asking price (4 bed)||£300,852|
|Average asking price (5 bed)||no relevant data for this city|
Based on this table, hopefully, you will be able to tell what type of house for sale is the most suitable for your budget. You can also consider the average asking price per square foot (£0) for houses for sale with this table to get a good idea as to whether Bodelwyddan is the right area to buy a house in for you.
In Bodelwyddan, what are the demographics like?
Bodelwyddan in the county of Denbighshire is notable for its specific demographics and has individual characteristics.
For localised cities and the bigger areas of the UK there are wide variations in the demographics that shape an area so the same is also true for the wider region Bodelwyddan is located in; Wales.
Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Bodelwyddan, what the social grade score of the city is like and if the green space matches the recommended levels people living in the UK should have.
What’s the crime rate in Bodelwyddan?
Within Bodelwyddan, the number of people committing crimes is 184 per 1000 people. This figure directly relates to the safety of residents in the area which is one of the biggest factors in whether an area is considered desirable or not.
As a result, someone looking to buy a house here hoping for it to appreciate in value or buying a house here to produce rental income should check out the crime rate and compare it carefully to the UK average of 79.52 for every 1000 people to see how safe people living there will be.
If the area’s crime rate is too high, this may result in you having to pay for the renovation of burglaries or pay a premium on home insurance as insurance companies will charge you more for living in a dangerous area. So analyse this 184 figure carefully.
What is the population of Bodelwyddan?
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 Bodelwyddan is 40,464.
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 Bodelwyddan.
In Bodelwyddan, how has the population changed over the last five years?
In the last five years, over time, the change in population size was 2%. 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 Bodelwyddan 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 (2%) 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.
Bodelwyddan population difference over 10 years?
The population has adjusted in the area of Bodelwyddan by 3% 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 Bodelwyddan.
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.
For the city of Bodelwyddan, what is the education level?
In Bodelwyddan, the proportion of people who have a degree is 18%. 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 Bodelwyddan is £32,200.
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.
Are the people in Bodelwyddan 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 Bodelwyddan, the average income is £32,200. 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 13% to decide on what the demographics are like in the area.
In Bodelwyddan, what is the social grade score?
In the city of Bodelwyddan, the social grade score of the area is 13%. But what does this exactly mean? The figure refers to the proportion of people in the two highest categories of skilled jobs.
The categories are grouped from A to E shown in the table below. Overall, a high social grade score means there are more affluent people working in managerial and professional roles in the area.
This table shows the average breakdown of the UK in terms of where most people in the UK are working so you can compare it to the social grade score of Bodelwyddan.
|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|
In the city of Bodelwyddan, how much green space remains for residents?
Providing the right amount of green space for people in the UK is a difficult subject because there are clear benefits for human health but at the same time, it is hard to make sure all areas of the UK can get enough greenery. This is a result of land being already in use in cities where most people live.
In Bodelwyddan, 10.1 is the amount of acres of outdoor space there is for every 1000 people. Charities such as ‘Fields in Trust’ recommend there to be at least 6 acres. This should allow you to conclude whether this green space is sufficient for you if you are interested in buying in Bodelwyddan.
Are the people of Bodelwyddan deprived?
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Bodelwyddan, currently, 34% people fall into this category.
Measuring this statistic against the nationwide average of 33% should give you a pretty good idea of where the city lies in the scale of poverty in the area.
In general, for the city of Bodelwyddan, what are the final purchase prices for the houses for sale?
For the city of Bodelwyddan, the average price a house sells for is £151,133. This value usually depends on the exact location of the house within Bodelwyddan as well as other factors like the population growth in Bodelwyddan which is 3% over a ten-year period.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£166,548|
|Aerage sold price (semi-detached)||£132,605|
|Aerage sold price (terraced)||£112,256|
|Aerage sold price (flat)||£82,194|
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 Bodelwyddan.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£1,730|
|Aerage sold price/sqft (new build)||£1,990|
|Aerage sold price/sqft (old stock)||£1,610|
Generalising the bottom table, the average value per square foot of a house for sale is £1,730. This value averages all of the types of houses for sale in Bodelwyddan. 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 Bodelwyddan.
How are rental yields of the houses for sale different to the rest of the UK in Bodelwyddan?
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.
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 in to all the details of Bodelwyddan.
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 (Denbighshire) as well as the broader region; Wales.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Bodelwyddan||no relevant data for this city||no relevant data for this city||no relevant data for this city||18.0%|
Also, you can compare other data to the table above such as the number of houses sold per month in Bodelwyddan which is 33 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 Bodelwyddan is to invest in. Both in terms of rental yield and capital appreciation.
Is the housing market in Bodelwyddan growing?
The growth of an area like Bodelwyddan 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|
|Bodelwyddan growth rate||6%||25%||35%|
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 Bodelwyddan if you want to find out the exact reasons for the housing change.
Professional advice for houses for sale in Bodelwyddan
Invest in a house for sale that meets your demands
When browsing houses for sale in Bodelwyddan 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 – 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
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.
Considering all the above data and information provided, you may want know who can help you buy a house for sale.
Lots of professionals offer property investors and first-time buyers advice and assistance in dealing with the process of acquiring a house for sale.
Below, you can find a list of professionals that come in handy when looking for houses for sale:
- Lender – Is someone capable of lending you the money you need to complete the purchase of the house for sale
- Insurer – Insurance companies provide building insurances and other financial products you need to protect your real estate assets
- Conveyancer – This professional will take care of the legal work needed when looking for a house for sale
- Surveyor – Use this professional to assess the condition of the house for sale you are willing to buy, get an independent valuation and feel more comfortable when negotiating the final price
- Mortgage broker or adviser – Different buyers can access different mortgages to buy a house for sale. Let the mortgage broker suggest to you which one is the best given your financial situation
- Energy professional – Nowadays is more important than ever, to get professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering as your next investment
houses for sale in other cities in the UK
Below are a list of towns with a similar location to Bodelwyddan.
Reading these analysis will help you evaluate the different houses for sale currently listed in Wales:
- Cilfynydd in Wales
- Abercych in Wales
- Cadoxton in Wales
- Deganwy in Wales
- Beddgelert in Wales
If you are interested in some other city or even region of the UK, please visit the following page houses for sale in the UK it contains all the data related to the houses for sale.