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Aberedw – What to look for in houses for sale?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in Wales $ Aberedw – What to look for in houses for sale?

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Aberedw 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 Aberedw.

On top of this, keep reading for detailed information on the demographics of Aberedw in Powys. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.

Asking price in Aberedw for a house for sale

In the city of Aberedw, 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) no relevant data for this city
Average asking price (3 bed) £256,829
Average asking price (4 bed) no relevant data for this city
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 (£0) for houses for sale with this table to get a good idea as to whether Aberedw is the right area to buy a house in for you.

Before a house gets sold, the figure it sells for always starts off as an asking price. This average asking price for the houses for sale in Aberedw determines the eventual sale price of the house so it isn’t the most important figure but is still important to take note of. This figure is currently £251,915.

Below, there is a table showing the asking price of the different sizes of houses based on the number of bedrooms of the houses in Aberedw.

Professional advice for houses for sale in Aberedw

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.

A house for sale appropriate to your needs

When browsing houses for sale in Aberedw 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 you considering other cities with houses for sale?

If you are looking for a list of cities that are different to the City of Aberedw and in different UK region to Wales. You might want to consider these as alternatives for your next real estate investment:

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.

What’s the rental yield in general for the city of Aberedw?

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Aberedw, currently, £0 people fall into this category.

Measuring this statistic against the nationwide average of 33% should give you a pretty good idea of where the city lies in the scale of poverty in the area and how much you can charge for rent in your ast (assured tenancy shorthold).

In Aberedw, how has the number of houses changed?

Whenever you are thinking about looking for houses for sale in Aberedw, 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
Aberedw growth rate 12% 28% 55%

As the population of Aberedw 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.

In Aberedw, what do houses for sale tend to sell for?

In Aberedw, houses for sale are sold at an average of £202,874. 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 Aberedw. 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) £265,290
Aerage sold price (semi-detached) £174,355
Aerage sold price (terraced) £129,175
Aerage sold price (flat) £75,073

As you can see above, for Aberedw, 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 0% where lots of movement may inflate or deflate house prices.

Housing category Sale price per square foot
Aerage sold price/sqft £1,840
Aerage sold price/sqft (new build) £0
Aerage sold price/sqft (old stock) £1,740

Looking at the second table about Aberedw, 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 Aberedw is £1,840.

What are the demographics like in the city of Aberedw?

Are the people of Aberedw deprived?

The deprivation levels of the UK can vary quite a bit. High deprivation levels signal a particular area has people who are struggling to make ends meet and pay for basic living expenses. For Aberedw, in particular, the deprivation levels are £0.

This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.

What’s the crime rate in Aberedw?

For the city of Aberedw, crime rate is at 5900%. So for every 1000 people in the area, 5900% 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 does the population of Aberedw look like?

The city of Aberedw has a total population of 5645. 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 Aberedw 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 Aberedw

Over time, in the last five years, the population of the city of Aberedw has changed by 0%. 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 0% 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 Aberedw?

In the last 10 years, there has been a shift in the population of 0%.

Comparing this to the 5 year figure of Aberedw 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.

What is the social grade score of Aberedw?

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 Aberedw in grades A or B which are the highest skilled roles in the country is 19%.

Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £34,900.00 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 19%.

Aberedw within Powys is notable for the type of people that live there. The statistics below show how this is the case.

As you read on, Aberedw will be looked at by comparing it to the local region, as well as comparing it to the wider region too (Wales). From what the population of the city is to how it’s growing as well as factors like the overall crime rate.

This data is impacted by the history of the area and what kind of industry there is around. All of which also impact house prices which is crucial for you to understand as you look at houses for sale in Aberedw.

How much are those living in Aberedw earning?

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 Aberedw. Compare the area’s average household income of £34,900.00 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 19% for more conclusive data on the affluence of the area.

For the city of Aberedw, what is the education level?

In the city of Aberedw, 26% 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 Aberedw is £34,900.00.

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

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

Providing the right amount of green space for people in the UK is a difficult subject because there are clear benefits for human health but at the same time, it is hard to make sure all areas of the UK can get enough greenery. This is a result of land being already in use in cities where most people live.

In Aberedw, 30 is the amount of acres of outdoor space there is for every 1000 people. Charities such as ‘Fields in Trust’ recommend there to be at least 6 acres. This should allow you to conclude whether this green space is sufficient for you if you are interested in buying in Aberedw.

FAQ

If you are a landlord, should you renovate a property in the city of Aberedw?

Every single month in Aberedw, there are 2 planning applications, of which 90% result in a success. Look at this in terms of the population size of 5645 to work out if you think you’d have good planning success if you were to renovate.

How many property sales occur per month in Aberedw?

4 property transactions are reported in Aberedw each month, alongside a broader picture of approximately 1.1 million property sales across the UK.

In a city like Aberedw, what’s the yearly fluctuation in population?

Calculating the evolution of Aberedw’s population requires an examination of the population transformation over a decade, amounting to 0%, and the five-year adjustment at 0%. By contrasting these values, analyse recent changes in population to attain a thorough understanding of demographic trends and perhaps also look at house for sale data nearby

What is the asking price for houses for sale in the wider region of Aberedw?

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

Would acquiring a house for sale in Aberedw be regarded as a high-priced option?

To assess the affordability of a property, locate a house for sale and contrast it with the mean selling prices. In Aberedw, the value is £202,874, whereas the UK’s mean is £286,500

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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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