We help you find the right agent
At lofti we want to simplify your life and help you buy, sell or rent your property. We have assembled all the agent in Aberdaron to help you find the perfect agent for you
Aberdaron can be a tough place to find accurate information like any city in the UK. Read on to learn about which data to stay on top of when looking at house for sale in Aberdaron.
On top of this, keep reading for detailed information on the demographics of Aberdaron in Gwynedd. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.
Other cities in different locations you can consider to buy property
If you are looking for a list of cities that are different to the City of Aberdaron and in different UK region to Wales. You might want to consider these as alternatives for your next real estate investment:
- caddington in Wales
- ashill in Wales
- fawdon in Wales
- brookfield in Wales
- clouston in Wales
Or, visit our dedicated page on the houses for sale data for the whole of the UK which will allow you to pick based on where you think you want to live or invest – houses for sale in the UK.
Professional advice for houses for sale in Aberdaron
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.
Why you should consider the average rental yield when searching for houses for sale in Aberdaron
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 Aberdaron, the below table demonstrates this well. To make things simple, it compares these numbers to the wider region of the UK; Wales. As well as Gwynedd, to give a smaller scale area to compare the data to.
Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
---|---|---|---|---|
Aberdaron | no relevant data for this city | no relevant data for this city | no relevant data for this city | £0 |
Gwynedd | no relevant data for this city | no relevant data for this city | no relevant data for this city | 12.00% |
Wales | 0.04 | 861.19 | £1 | 14.84% |
Assuming that in the future you want to re-sell the house you will eventually purchased in Aberdaron you might be interested in the number of sales per month (11) that happen in the local housing market. Comparing this figure for Aberdaron with the above table gives you a good understanding of the profitability of the area.
In Aberdaron, how has the number of houses changed?
Whenever you are thinking about looking for houses for sale in Aberdaron, 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 | |
---|---|---|---|
Aberdaron growth rate | 7% | 35% | 34% |
As the population of Aberdaron 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.
Choose the right house for sale that suits your needs
When browsing houses for sale in Aberdaron 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 – it 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. Especially if you are renting the property as this will impact your business costs. Whether that be in an excluded tenancy agreement or a more common, assured shorthold tenancy.
-
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.
Are there any important statistics about the population of Aberdaron?
Is there sufficient green space in Aberdaron?
In the city of Aberdaron, there are 29 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 Aberdaron 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 education level like in Aberdaron?
Interestingly, the percentage of people who have a degree in the city of Aberdaron is 25%. 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 Aberdaron is £34,600.00.
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 Aberdaron earn?
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 (17%). 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 Aberdaron, this works out to be £34,600.00. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
Located in Gwynedd is the city of Aberdaron, in a large part of the UK; Wales. 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 Aberdaron 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 Aberdaron 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.
What is the city of Aberdaron’s social grade score?
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 Aberdaron, the percentage of people in the two highest categories, A and B is 17%. 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 £34,600.00. This income will generally get bigger as the percentage of people in the A and B categories go up too (17%).
In Aberdaron, what is the crime rate?
For every one thousand people living in Aberdaron, 8500% commits crimes and are prosecuted. Coming to a conclusion as to whether all the other factors of your house purchase like the house price justify this figure when contrasting it with the UK average of 79.52 is something you should do as a homeowner.
It could be that the crime rate is higher than you expected but there it is worth the population growth, appreciation of the house and worth the relative price you are purchasing the house for.
Nonetheless, the crime rate of 8500% is not a statistic that should just be ignored as you could have to pay more for things like home insurance and install additional security on your house if the rate is particularly high.
Either way, burglaries are not something you would want to encounter in a house. Whether that be a house you are living in or a house you are renting out to tenants.
Are the people of Aberdaron deprived?
Deprivation levels refer to the ability of the population of the city to earn enough to keep their lifestyle going. Nationwide, it is thought that the number of people at this level or not being able to meet the costs of living is around 33%. In comparison, the deprivation level of Aberdaron is £0.
What is the population of Aberdaron?
The city of Aberdaron has a total population of 17138. 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 Aberdaron 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 Aberdaron
Over time, in the last five years, the population of the city of Aberdaron has changed by 2%. 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 2% 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 Aberdaron?
In the last 10 years, there has been a shift in the population of 3%.
Comparing this to the 5 year figure of Aberdaron 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 general, what do houses for sale sell for in Aberdaron?
As well as looking at the asking price for house for sale in Aberdaron, 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 Aberdaron.
Houses for sale, are sold on average in Aberdaron, after the influence of these factors, at £236,828 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 |
---|---|
Aerage sold price (detached) | £301,893 |
Aerage sold price (semi-detached) | £195,165 |
Aerage sold price (terraced) | £149,549 |
Aerage sold price (flat) | £148,863 |
This table above shows the average sale price for each variation of houses for sale in Aberdaron.
Housing category | Sale price per square foot |
---|---|
Aerage sold price/sqft | £2,160 |
Aerage sold price/sqft (new build) | £1,930 |
Aerage sold price/sqft (old stock) | £2,070 |
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 Aberdaron is £2,830.
This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.
What is the asking price on average of houses for sale in Aberdaron?
The average asking price for the houses for sale in the city of Aberdaron
Average asking price (1 bed) | no relevant data for this city |
Average asking price (2 bed) | £237,986 |
Average asking price (3 bed) | £322,056 |
Average asking price (4 bed) | £485,625 |
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 (£3,510) for houses for sale with this table to get a good idea as to whether Aberdaron is the right area to buy a house in for you.
On average, in Aberdaron, the asking price for a house for sale in the area is £329,153.
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 Aberdaron. 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.
F.A.Q.
Do properties in Aberdaron offer renovation potential?
Aberdaron is likely to be a great place for revamping property if there is a lot of greenlit planning permission. The are 14 each month, attaining a success rate of 81% and a total population of 17138. You can find out if this is above or below similar areas in the UK by comparing it to a nearby place
How many property sales occur per month in Aberdaron?
The city of Aberdaron 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 Aberdaron?
For a comprehensive analysis of Aberdaron’s population trends, observe the population fluctuation over a decade, indicated by 3%, and the five-year alteration represented by 2%. Perhaps also look at data from another nearby city too so you can see a comparison.
prices for houses on sale in the broader vicinity of Aberdaron?
The current average price per square foot for a house in Aberdaron stands at £3,510, considering the mean cost for each square foot of houses for sale there.
Is a house for sale in Aberdaron an expensive choice?
To assess the affordability of a property, locate a house for sale and contrast it with the mean selling prices. In Aberdaron, the value is £236,828, whereas the UK’s mean is £286,500
0 Comments