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Bryn – What to look for in houses for sale?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in the North West $ Bryn – What to look for in houses for sale?

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Whenever looking for a house for sale in the UK or in Bryn, it is vital you look at the market trends and house price fluctuations in the wider area of Merseyside 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 Bryn.

In this article, we will be looking at the city of Bryn 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 Bryn?

In Bryn, the average sale price of a house for sale is in fact £150,387. This is dependent on the 10 year population growth of Bryn being 4%. Growing populations are more likely to inflate the prices of houses for sale in the city of Bryn.

Housing category Total final sale price
Aerage sold price (detached) £216,288
Aerage sold price (semi-detached) £134,298
Aerage sold price (terraced) £105,423
Aerage sold price (flat) £76,672

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 Bryn.

Housing category Sale price per square foot
Aerage sold price/sqft £1,620
Aerage sold price/sqft (new build) £2,050
Aerage sold price/sqft (old stock) £1,510

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 £1,620. This means if you are just looking out the houses sold in Bryn in general and didn’t take into consideration the type of build. For example, a new build.

In Bryn, what is the asking price in general for a house for sale?

In the city of Bryn, what is the average asking price for the houses for sale?

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £148,899
Average asking price (3 bed) £196,668
Average asking price (4 bed) £313,793
Average asking price (5 bed) £493,489

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 Bryn has a lack of supply of housing in certain categories.

On average, in Bryn, the asking price for a house for sale in the area is £205,798.

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 Bryn. 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.

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

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 Bryn.

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 (Merseyside) as well as the broader region; North West.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Bryn no relevant data for this city no relevant data for this city no relevant data for this city £0
Merseyside 4.76% £735.14 120.31% 21.51%
North West 0.04 807.60 £1 20.19%

Also, you can compare other data to the table above such as the number of houses sold per month in Bryn which is 24 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 Bryn is to invest in. Both in terms of rental yield and capital appreciation.

Is the housing market in Bryn growing?

Before committing to Bryn 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
Bryn growth rate 3% 19% 25%

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 Bryn is building housing to find your answer.

Other cities in different locations you can consider to buy property

Below is a list of towns that differ from Bryn.
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 North West:

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.

Advice from experts on properties for sale in Bryn

Choosing the perfect house for sale for you might be challenging in today’s market due to the abundance of available houses.
You may wonder who can guide you through the process of selecting a house that is for sale.
There are several experts that provide guidance and support to potential buyers and the procedure can be drawn out, particularly when dealing with houses for sale.

Here is a list of who to contact to get assistance when purchasing a house for sale:

  • Banks – The ones that can lend you the money you need for the house for sale
  • Insurance companies – Companies that give you access to various insurances specific to the house for sale you are considering to buy
  • Solicitor – The individual or business responsible for handling the legal tasks required to purchase a home that is for sale.
  • Civil engineer – Provides you with an appraisal of the house up for sale that you want to purchase.
  • Mortgage advisor – Professional advisors that will guide you and propose the best mortgage deals according to your finances
  • EPC specialist – Getting professional advice on the energy performance of the house for sale is crucial, especially nowadays.

What are the demographics like in the city of Bryn?

In the city of Bryn, 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 Merseyside for example.

These demographics for Bryn 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 Bryn in North West.

What is the city of Bryn’s social grade score?

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 Bryn in grades A or B which are the highest skilled roles in the country is 18%.

Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £35,000.00 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 18%.

Is there sufficient green space in Bryn?

In the city of Bryn, there are 15 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 Bryn is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.

In the city of Bryn, has the population grown or shrunk?

The city of Bryn has a total population of 62510. Large population sizes can be good to show there is a high demand for people to buy houses in the area but a better indication is if the population of Bryn is growing.

A small population city can also have high prices of houses for sale, because, if there is a growing population, and demand is still high, this could mean the house prices are pushed up.

Either way, a population must also be looked at in terms of the appreciation of the area as well as the rental yields and if the area really meets your needs.

The five year population change of Bryn

Over time, in the last five years, the population of the city of Bryn has changed by 3%. This figure can tell you a lot because a growing population indicates a house is likely to appreciate. Read more here

In addition, looking at the 10 year figure for population growth in the below paragraphs can give you further evidence as to what the change in population has been for a longer period of time. As a result, you’ll know if this 3% population change is something that has been there for a while or if it is a new trend. Click here to know more on the UK population trends.

What is the difference in population over the last 10 years in Bryn?

In the last 10 years, there has been a shift in the population of 4%.

Comparing this to the 5 year figure of Bryn can tell you if there is a long history of population growth or decline, if there are population fluctuations or if the trend is stable.

New industries opening up in the area, the addition of new jobs and also international and national migration might all be reasons for changes in population size. Resulting in people moving in or leaving an area.

A good example of a quick change in population was in Stratford, London in 2012. Here, there was an increase in government spending in the area because of the Olympics which resulted in massive population growth.

In Bryn, what is the crime rate?

For the city of Bryn, crime rate is at 4600%. So for every 1000 people in the area, 4600% 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.

What salary does the community in Bryn take home?

As earning potential goes up in a city, so does the quality of schools in the area, the general infrastructure and the social grade score (18%). All in all, the area becomes a more desirable place to live in.

This is why it is vital to pay attention to how much people are making annually in any city you plan on making a house purchase in. In Bryn, this works out to be £35,000.00. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.

Are the people of Bryn deprived?

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

Is the education level of Bryn important when buying a house?

In the city of Bryn, 21% people have a degree from a university. The higher this proportion is, in general, the more likely it is that the population is able to buy a house.

Interestingly, as people who have degrees go up, the average income of the area goes up too. You can see if there is a correlation, the average household income in the UK is price34,000 and the average income in Bryn is £35,000.00.

This should correspond with the average percentage of people in the UK who have degrees at 22.6%.

Choose the right house for sale that suits your needs

Many criteria impact the price of houses for sale in Bryn.
Here below are the most important ones according to Lofti’s expertise:

  • Affordability – (see what house for sale can you afford?)

    A guide from the UK government

  • House Location – The borough and region of the UK you want to invest in is an important factor to consider when looking for a home for sale.

  • Transport – Commuting can be a waste of time. Minimise it by checking how long it will take from the house for sale you’re interested in, to your office before considering buying

  • Number of bedrooms – The number of bedrooms goes hand in hand with the house for sale price. If you are buying for the long period try to think if you might need an extra bedroom

  • Energy performance of the house for sale – The difference between an EPC rating of A and an EPC rating of G can impact your monthly utility bills, consider this when evaluating houses for sale.

  • Internet connection – Being able to take video calls from your home is crucial nowadays, always check the broadband of the area when browsing houses for sale

  • Car park – Ask the property seller for parking availability. If it is included in the price of the house for sale, you can justify paying more than you would at first glance

  • Conditions of the house for sale – Repair works can be expensive and take a lot of time, assess the conditions of the houses listed for sale before making an official offer.

Frequently Asked Questions

Are there opportunities for property renovation in Bryn?

Bryn is likely to be a great place for revamping property if there is a lot of greenlit planning permission. The are 11 each month, attaining a success rate of nan and a total population of 62510. You can find out if this is above or below similar areas in the UK by comparing it to a nearby place

What is the monthly count of property transactions in Bryn?

In the city of Bryn, there are 24 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 Bryn?

When evaluating the population trajectory of Bryn, explore the decade-spanning population shift of 4% and the five-year modification of population of 3%. By drawing comparisons, see if demographic changes in your chosen area is

How much are houses for sale priced at in the extended region of Bryn?

The average asking price of a house in Bryn is currently £0 based on the average price per square foot.

Does opting for a house for sale in Bryn come with a hefty price tag?

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 Bryn this number is £150,387 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 in the city of Bryn

In order to buy a house in Bryn you might need the service of an estate agent. To simplify the pain of looking for the nearest agent we have built a list of estate agents in your area, taking you straight to their website

Name of the Agent Phone Number Address Email Address
Cymru Estates 441269849500 23a Llandeilo Road, Cross Hands, Llanelli, SA14 6NA Phone number only
Peters and Co 441269526997 34 Llandeilo Road, Llanelli, SA14 6NA Phone number only
Evans Estates 441554550909 Gate Road, Penygroes, SA14 7RL nan
Kelrick Properties 441942566515 18 Gerard Street, Ashton-In-Makerfield, Wigan, WN4 9AA Phone number only
Ashtons Estate Agency – Ashton-In-Makerfield 441942566687 75-77 Gerard Street, Ashton-In-Makerfield, Wigan, WN4 9AG Phone number only

Download agent details

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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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