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Cadole 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 Cadole 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 Cadole.
In Cadole, what do houses for sale tend to sell for?
As well as looking at the asking price for house for sale in Cadole, a sensible homeowner or investor will also consider the final price a house sells for. This final price may be influenced by elements like the amount people are earning in the area and what opportunities for employment there are in Cadole.
Houses for sale, are sold on average in Cadole, after the influence of these factors, at £194,526 as a result. And may be on the rise or decline depending on a combination of variables such as the crime rate, or population growth which was 3% over the last 10 years.
Housing category | Total final sale price |
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Aerage sold price (detached) | £250,390 |
Aerage sold price (semi-detached) | £159,214 |
Aerage sold price (terraced) | £132,595 |
Aerage sold price (flat) | £106,318 |
This table above shows the average sale price for each variation of houses for sale in Cadole.
Housing category | Sale price per square foot |
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Aerage sold price/sqft | £2,050 |
Aerage sold price/sqft (new build) | £2,170 |
Aerage sold price/sqft (old stock) | £1,950 |
This final table looks at the price per square foot of houses for sale. Looking at the final table, you can take a further average and conclude that the average price per square foot of houses in general in Cadole is £2,280.
This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.
houses for sale in other cities and regions in the UK
We have prepared a list of cities that are entirely dissimilar to the region of North West, perfect if you are looking for somewhere similar to Cadole 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:
- gourock in North West
- bewbush in North West
- alpraham in North West
- bramshott in North West
- earlestown in North West
Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.
What are the asking prices for the houses for sale in the city of Cadole?
In the city of Cadole, 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) | £180,902 |
Average asking price (3 bed) | £231,918 |
Average asking price (4 bed) | £390,417 |
Average asking price (5 bed) | £630,750 |
The tables should give you a generic view of what the prices of the houses for sale are like. To close things off, the average asking price for the house for sale in the whole of Cadole is £2,510. This should show you the general prices overall and for individual types of houses too.
When investors make offers for houses for sale in Cadole, the average price asked by the homeowners works out to be £258,740.
In the table below, for all the different sizes of houses in the area, the average asking prices have been displayed. This tells you what kind of house is more or less expensive and sought after despite houses with fewer bedrooms being overall less expensive anyway.
Any house that looks like it is overpriced for the number of bedrooms it has in Cadole is typically not overpriced. It is just the case that that type of housing has a higher demand, therefore, people are willing to pay more.
Invest in a house for sale that meets your demands
Criterias that have an impact on the actual price of a house for sale have been listed here below. Consider them all to find the perfect houses for sale in Cadole.
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Affordability – check this article from the UK government to find out (see what house for sale you can afford)
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Location – if the house for sale is in the city centre rather than further out, this may be why it is more expensive than the market average.
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Transports near the house for sale – Being able to use public transports is a huge plus for a house, especially in big cities. This will have an impact on the price as well.
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Bedrooms – the more bedrooms there are in a house for sale, the more tenants a buy to let investors will be able to host, therefore, realistically the price will also increase.
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EPC of the house for sale – today more than ever, the energy performance of properties for sale on the market should be one of the first things you check.
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Wi-Fi speed – We recommend you check the internet plans available for the areas where you are considering to buy a house for sale
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Are you a motorist? – If yes, filter out your searches and compare prices of houses for sale with parking availability. Remember, a car parking space can cost as much as £400 per month
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Conditions of the house for sale – New builds and properties that were recently built usually need little to no repairs; instead, other houses for sale may require consistent or structural maintenance. These investments that can be both expensive and laborious to complete. Before making your offer for a house for sale you should always carefully assess this criteria.
In Cadole, what are the rental yields?
In Cadole, how has the number of houses changed?
Before committing to Cadole 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 | |
---|---|---|---|
Cadole growth rate | no relevant data for this city | 11% | 19% |
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 Cadole is building housing to find your answer.
Assuming you are not looking for a house for sale in a certain area because of private reasons such as being close to a family member or you have been relocated to a new office, these are some of the factors to consider in order to understand if an investment is worth your money.
Investors typically look at data such as the average rental yield, the average asking price of rent per month, rent turnover and sale turnover. These KPIs give property investors a solid idea of how the market is performing in that area.
For the city of Cadole, the below table demonstrates this well. To make things simple, it compares these numbers to the wider region of the UK; North West. As well as Denbighshire, to give a smaller scale area to compare the data to.
Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
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Cadole | £0 | £717 | £1 | £0 |
Denbighshire | 3.65% | £701.50 | 140.00% | 16.71% |
North West | 0.04 | 807.60 | £1 | 20.19% |
Assuming that in the future you want to re-sell the house you will eventually purchased in Cadole you might be interested in the number of sales per month (28) that happen in the local housing market. Comparing this figure for Cadole with the above table gives you a good understanding of the profitability of the area.
What are the people like in Cadole?
For the city of Cadole, what is the education level?
In the city of Cadole, 27% 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 Cadole is £43,900.00.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
What’s crime like in Cadole?
Within Cadole, the number of people committing crimes is 7700% 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 7700% figure carefully.
What is the population of Cadole?
Population growth in Cadole 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 Cadole, 50253 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 Cadole 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 Cadole, 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 Cadole?
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 Cadole.
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.
How much do people in Cadole earn?
While not always the case, the amount people earn can be associated with better schools in the area and perhaps a nicer environment to live in.
£43,900.00 is the average household income of the area. And the higher this figure is the more likely it is that there is a higher percentage of people with a social grade score in the A or B categories which is 24% for Cadole.
In the city of Cadole, is there a lot of green space?
In the city of Cadole, there are no relevant data for this city 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 Cadole is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.
What is the social grade score of Cadole?
The social grade score is a good indicator of what type of jobs people generally work in the area. Whether that be working in the primary sector, secondary sector, tertiary sector or maybe the quaternary sector of jobs.
The scale is slightly different to this though on a scale of A to E. A refers to people who are in the most skilled, managerial roles whereas E include people such as casual workers.
In Cadole, the percentage of people in the two highest categories, A and B is 24%. This figure includes people who are therefore most likely to be more skilled and have higher paid jobs.
When contrasting these figures, the average household income for the area is £43,900.00. This income will generally get bigger as the percentage of people in the A and B categories go up too (24%).
Is the city of Cadole deprived?
The number of people who are deprived can have an impact on the perception of your house in the general marketplace. Additionally, if you are looking for a house to live in for the long term, you can start to picture what your neighbours and the people in your area live like financially.
If the proportion of deprivation of Cadole is £0 and in general for the UK this figure is somewhere around 33%, you can see if this figure is something you are happy with as you search for a house to buy.
Located in Denbighshire is the city of Cadole, in a large part of the UK; North West. Before you look for houses for sale in this area, it is a reasonable question to ask what the people who live there are like.
Below, the population of Cadole has been dissected in terms of if the population is educated, what the crime rates are like and much more. All important factors to consider before making a house purchase among the offer of the houses for sale.
The knowledge below is based on a lot of different variables relevant to the city of Cadole which impacts the profitability of making an investment here or how desirable buying a house to live in is if you want to live on a permanent basis.
Who can help you buy a house for sale in Cadole?
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
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