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 Bagillt, Flintshire.
From the average asking price of houses for sale in Bagillt to the growth of the population in the area, all will be talked about regarding the city of Bagillt. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
In Bagillt, what are the rental yields?
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 Bagillt this statistic is what you were looking for.
Data should also be compared to the broader region of the UK (North West) alongside Flintshire 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 Bagillt.
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) | |
---|---|---|---|---|
Bagillt | no relevant data for this city | no relevant data for this city | no relevant data for this city | 26.0% |
Flintshire | 4.15% | £827 | no relevant data for this city | 20.50% |
North West | 4.36% | £808 | 120.36% | 20.19% |
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 Bagillt.
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 (12) will be useful.
In Bagillt, how has the number of houses changed?
Whenever you are thinking about looking for houses for sale in Bagillt, 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 | |
---|---|---|---|
Bagillt growth rate | 1% | 5% | 8% |
As the population of Bagillt 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 are the asking prices for the houses for sale in the city of Bagillt?
Average asking prices for houses for sale in Bagillt
Average asking price (1 bed) | no relevant data for this city |
Average asking price (2 bed) | no relevant data for this city |
Average asking price (3 bed) | £168,862 |
Average asking price (4 bed) | no relevant data for this city |
Average asking price (5 bed) | no relevant data for this city |
The tables should give you a generic view of what the prices of the houses for sale are like. To close things off in terms of the house asking price, the average asking price for the house for sale in the whole of Bagillt is £0. This should show you the general prices overall and for individual types of houses too.
When speaking about the city of Bagillt, £178,536 is the asking price for a house for sale.
We have compiled a table of data so you can know the asking prices of the specific size of home you’re most interested in. As you can imagine, a family looking to move out with children would be after a larger house than someone living alone in Bagillt.
The data is in fact very different compared to the number of rooms you’re interested in having in your home and the asking price also tends to go up in staggering amounts as you add rooms.
In general, for the city of Bagillt, what are the final purchase prices for the houses for sale?
In Bagillt, houses for sale are sold at an average of £148,399. 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 Bagillt. 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) | £204,070 |
Aerage sold price (semi-detached) | £130,549 |
Aerage sold price (terraced) | £116,536 |
Aerage sold price (flat) | no relevant data for this city |
As you can see above, for Bagillt, 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 3% where lots of movement may inflate or deflate house prices.
Housing category | Sale price per square foot |
---|---|
Aerage sold price/sqft | £1,670 |
Aerage sold price/sqft (new build) | £1,900 |
Aerage sold price/sqft (old stock) | £1,550 |
Looking at the second table about Bagillt, 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 Bagillt is £1,670.
In Bagillt, what are the demographics like?
Is the crime rate bad in the city of Bagillt?
In Bagillt, for every 1000 people, there is currently a crime rate of 116. 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 (116 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.
For the city of Bagillt, what is the education level?
In the city of Bagillt, 15% 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 Bagillt is £32,800. 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.
Bagillt in the county of Flintshire 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 Bagillt is located in; North West.
Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Bagillt, 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.
Do the people of Bagillt get to enjoy green space?
In the city of Bagillt, there are 11.6 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 Bagillt 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 Bagillt?
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 Bagillt in grades A or B which are the highest skilled roles in the country is 11%. Realistically, you can expect workers in this category to earn a higher salary too.
For comparison, £32,800 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 11%.
Are the deprivation levels of the UK any different to Bagillt?
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 31% for Bagillt should give you a nice idea of the deprivation in the area.
What salary does the community in Bagillt 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 Bagillt. Compare the area’s average household income of £32,800 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 11% for more conclusive data on the affluence of the area.
Have the people of Bagillt grown in numbers?
Population growth in Bagillt is important to know if there is housing demand and the total population may also be looked at as large populations commonly have a lot of buyer demand.
In Bagillt, 16,686 people live in the city as their main place of residence.
It is important to note that it is not the case that everyone likes a large population to live in. People who tend to prefer a more relaxed life are more likely to buy or rent somewhere to live that has a small population and perhaps also wouldn’t mind if the population isn’t growing.
Other people also like to have a mix of both. Where they can visit rural areas and also benefit from the amenities of a busy city.
In Bagillt in the previous five years, have population numbers transformed?
Five years may seem like a long time but it is rare for a city to grow that much unless there is dramatic population growth. In Bagillt, this change has been 2%. Read more here
Someone who wishes to find out how this change has occurred over a longer period of time may also wish to read the headings below and see if the change has continued throughout the past decade too. Or if the change is only true for the more recent figure for five years of 2%. Click here to know more on the UK population trends.
Over the last decade, how has the population differed in Bagillt?
Populations change all the time but if there is a clear change in population in the last ten years this is even more reliable data about the population of the area as opposed to five. This adjustment in population works out to be 3% in Bagillt.
What this statistic is like in comparison to the population change in five years should provide you with a comprehensive understanding of what direction the population is heading in.
In recent years because of the pandemic, it is common to see dramatic differences in the population change in the last five years when comparing it to ten as people realise they can work from home but still keep the current jobs they have.
This means they can move to cities they wouldn’t have considered otherwise and be location-independent of their source of income. Perhaps making a longer commute into the office every week for example.
Advice from experts on properties for sale in Bagillt
Invest in a house for sale that meets your demands
What parameters impact the final price of a house for sale in Bagillt?
Here below is our list with the most important ones:
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House for sale affordability – check out the (see house affordability guide)
on the UK gov website to know more
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House Location – the actual location of a house for sale drastically changes the final price of a property
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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.
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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.
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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.
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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
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Do you drive to the office? – If yes, ask about parking. Is it included in the house price?
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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.
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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.
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
Thinking about other cities with houses for sale?
You can assess the various houses for sale offered in the area by consulting this list of cities in North West, the same UK region as Bagillt:
- Bispham in North West
- Astbury in North West
- Bryn in North West
- Manchester in North West
- Bank-End in North West
You may also refer to our landing page specific to UK houses for sale, houses for sale in the UK
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