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All you need to know – houses for sale in Aberbargoed

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in Wales $ All you need to know – houses for sale in Aberbargoed

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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 Aberbargoed, Caerphilly.

From the average asking price of houses for sale in Aberbargoed, to the growth of the population in the area, all will be talked about regarding the city of Aberbargoed. So you will get better clued up on the area, and make finding a house for sale in the UK easier.

Who can help you buy a house for sale in Aberbargoed?

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.

In Aberbargoed, what are the demographics like?

In the city of Aberbargoed, how much green space remains for residents?

Whether you view green space in Aberbargoed as important to you as a homeowner is up to your personal preferences. Having said this, there is a clear benefit on the overall health of people who live near green space as the government has stated keeping green space in proximity to people is one of the biggest factors for combating obesity.

In Aberbargoed, the number of acres of green space for every 1000 people currently is 39 which can be measured against the UK average of 1.7.

In Aberbargoed, how educated are people in general?

Interestingly, the percentage of people who have a degree in the city of Aberbargoed is 16%. Most of the time, the more people that have a degree, the higher the average household income and the more likely someone is to be able to afford to purchase a house. For example, the average income of the citizens in the area of Aberbargoed is £23,700.00.

Generally, areas with high numbers of people with a degree are also areas with more people likely to be home owners and therefore the value of houses and relative prices of the houses for sale are more likely to go up too.

Nonetheless, making predictions about the appreciation of a house also has to be considered alongside other factors like population growth and the rental yields of the area.

However, most of the time, being educated is a good indication of affluence with 82% of people graded a first in tertiary education going on to eventually own a house.

How much do people in Aberbargoed earn?

You may be wondering what the amount people earn has to do with house price. Well, house prices generally go up as people earn more not just because they can afford more valuable properties but also because good areas generally attract more desirable infrastructure. For reference, the average household income is £23,700.00.

This may be better schools, doctors and areas with lower crime rates. This results in a snowball effect which polarises different areas further, increasing the demand for housing in richer areas by a greater amount. And increasing the proportion of people with high social grade scores. For Aberbargoed this figure is 9%.

What is the social grade score of Aberbargoed?

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 Aberbargoed in grades A or B which are the highest skilled roles in the country is 9%.

Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £23,700.00 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 9%.

What’s the crime rate in Aberbargoed?

In Aberbargoed, for every 1000 people, there is currently a crime rate of 11700%. 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 (11700% 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.

What does the population of Aberbargoed look like?

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 Aberbargoed is 16329.

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 Aberbargoed.

In Aberbargoed, how has the population changed over the last five years?

In the last five years, over time, the change in population size was 1%. 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 Aberbargoed 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 (1%) 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.

Aberbargoed population difference over 10 years?

The population has adjusted in the area of Aberbargoed by 2% 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 Aberbargoed.

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.

How deprived is the population of Aberbargoed?

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

Aberbargoed in the county of Caerphilly 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 Aberbargoed 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 Aberbargoed, 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.

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

In the city of Aberbargoed, 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) £121,133
Average asking price (3 bed) £150,418
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, the average asking price for the house for sale in the whole of Aberbargoed is £0. This should show you the general prices overall and for individual types of houses too.

As you go ahead and make offers on a house for sale, it is sometimes best to know what other people are offering for the same type of house for sale so you know what to offer yourself to get a good deal. So you should know, the average asking price of Aberbargoed is £148,595.

Even though the asking price is not what the eventual price the house is sold at, making a note of the averages for the city of Aberbargoed is useful when negotiating and knowing what to expect for every type of house for sale.

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

What is the growth in the housing market of Aberbargoed?

Growth in the area can be a good signal of a booming house market. However, too much growth could also have negative consequences on the capital appreciation of a house as time goes on.

Take a look at the table below for Aberbargoed that shows the growth in recent years.

1 year 3 years 5 years
Aberbargoed growth rate 2% 30% 50%

High growth rates can signal an appreciating housing market, nonetheless, if there are too many houses being built, this could reduce demand for housing as the supply of houses for sale starts to catch up with the demand. Leading to stagnation or a decline in house pricing so understanding the growth in Aberbargoed is important.

Let’s consider that you’re not looking to buy a house for sale to live in for the long term future such as if you changed location with your family and want to settle down and you want to find somewhere to buy as an investor in Aberbargoed. If this is the case, rental yield is a crucial statistic to consider.

If looking to invest, you should also consider other data about the area. The average rental income, the turnover of the sale of the house and what the net rental yields are like for the area do also have an impact on the final price of houses for sale in Aberbargoed.

It is clear to see from the table below that there is a difference between all of these pieces of information and how they can be compared and contrasted on a county level (Caerphilly), a regional level (Wales) and finally on the level of the city talked about in this article, Aberbargoed.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Aberbargoed no relevant data for this city no relevant data for this city no relevant data for this city £0
Caerphilly 4.40% £824.00 140.00% 17.50%
Wales 0.04 861.19 £1 14.84%

You may also find it useful to compare the data above to the number of properties sold per month Aberbargoed experiences. This figure for house sales per month is 11. Looking at all this information holistically is what a smart investor should do when deciding on the right area for investment before looking for houses for sale.

In general, what do houses for sale sell for in Aberbargoed?

In Aberbargoed, the average sale price of a house for sale is in fact £110,075. This is dependent on the 10 year population growth of Aberbargoed being 2%. Growing populations are more likely to inflate the prices of houses for sale in the city of Aberbargoed.

Housing category Total final sale price
Aerage sold price (detached) £208,108
Aerage sold price (semi-detached) £121,434
Aerage sold price (terraced) £90,092
Aerage sold price (flat) £63,836

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 Aberbargoed.

Housing category Sale price per square foot
Aerage sold price/sqft £1,200
Aerage sold price/sqft (new build) £2,010
Aerage sold price/sqft (old stock) £1,090

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 £1,200. This means if you are just looking out the houses sold in Aberbargoed in general and didn’t take into consideration the type of build. For example, a new build.

Finding the ideal house for sale for you

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 Aberbargoed.

  • Affordability – check this article from the UK government to find out (see what house for sale you can afford)

  • 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.

  • 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.

  • 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.

  • 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.

  • Wi-Fi speed – We recommend you check the internet plans available for the areas where you are considering to buy a house for sale

  • 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

  • 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.

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 Aberbargoed 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.

F.A.Q.

Do properties in Aberbargoed offer renovation potential?

Amidst the urban landscape of Aberbargoed, 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 3 and on the other hand, there is a planning success rate of 76%. It is also useful to take into consideration the population size of the area (16329).

What’s the number of property sales each month in Aberbargoed?

The city of Aberbargoed sees around 11 property transactions every month, while the nationwide figure for the whole of the United Kingdom stands at roughly 1.1 million property sales.

What’s the annual population shift in a city such as Aberbargoed?

To work out how the population of Aberbargoed has changed over time, you can look at the population change over a decade which is 2% and the change in a five year period two which falls at 1%. 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

In the larger vicinity of Aberbargoed, what is the cost of houses available for sale?

The current average price per square foot for a house in Aberbargoed stands at £0, considering the mean cost for each square foot of houses for sale there.

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

Ascertain the costliness of a property by examining a listed house for sale in relation to the prevailing average selling prices. In Aberbargoed, this stands at £110,075, whereas the UK’s mean is £286,500.

Find an estate agent where you’re looking to buy in Aberbargoed

When buying, having the right expertise when navigating Aberbargoed and the property market can be a great advantage. So, don’t make things harder for yourself and tackle a home purchase on your own. Browse our list of reputable estate agents below to help you on your house hunt!

Estate agent Email Contact number Address of agent
Homes Estate Agents Phone number only 441443308992 Charter House, 45 Cardiff Road, Bargoed, CF81 8NZ
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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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