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A guide on houses for sale in Abergele

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in Wales $ A guide on houses for sale in Abergele

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Abergele 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 Conwy.
Before looking for a house for sale in the city of Abergele 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 Abergele.

Other cities in different locations you can consider to buy property

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 Abergele 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.

What are the demographics like in the city of Abergele?

What is a social grade score and how does this relate to Abergele?

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 Abergele in grades A or B which are the highest skilled roles in the country is 16%.

Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £34,600.00 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 16%.

Are the people of Abergele 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 Abergele should give you a nice idea of the deprivation in the area.

Is the crime rate bad in the city of Abergele?

Within Abergele, the number of people committing crimes is 12100% 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 12100% figure carefully.

What does the population of Abergele look like?

Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Abergele if 17890 and in the below heading how this population has changed will be broken down.

Like most data to do with houses, all data has to be considered holistically with multiple variables to determine if the population growth actually impacts the statistics that matter to you as a landlord in Abergele such as rental yield or house appreciation.

How has the population size of Abergele adjusted in the last 5 years?

In the previous five years there has been a change in the number of people of Abergele by 2%. Analysing this figure is a great way to tell if there is new demand for housing or not as a decreasing figure reduces the number of people who want to buy houses. Read more here

To compare this figure over a greater period of time, you could look at the figure for the 1 year population too and compare them. This way you can see if the population has changed recently or if this 2% change has historically occurred before. Click here to know more on the UK population trends.

Over the last 10 years, how has the population size adjusted in Abergele?

In the last decade, the population of Abergele has been adjusted by 3%. This growth may be as a result of factors like new industries employing people or emigration and immigration balancing out to create this population change.

A precedent that shows population change in this way over decades is the region of Greater London. The capital city has grown by 27% in the past 20 years. Population growth has caused house prices to go up to price523,666 on average.

In the city of Abergele, is there a lot of green space?

In the UK, there are a range of cities which have a lot of green space. In some cases, green space can get as high as 49% of outdoor land like in the city of Edinburgh. When specifically talking about Abergele, the city has 18 per 1000 residents.

This can be compared to an average of 1.7 acres of green space per 1000 residents which is the UK’s national average. It is up to you to decide how much you’ll let the amount of green space impact your buying decision in Abergele.

How much do people in Abergele 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 £34,600.00.

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 Abergele this figure is 16%.

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

Interestingly, the percentage of people who have a degree in the city of Abergele is 22%. 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 Abergele 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.

The city of Abergele, situated in Conwy, is a particularly impressive part of the UK because of the specific demographics of the location.

In the below headings, the city of Abergele and its demographics will be compared to its wider location (Wales). This includes population size, growth and population education now and into the future.

These statistics are heavily influenced by socio-economic factors and as a result this also shapes the projected house price of the houses for sale in Abergele. So, taking a good look at the data is essential to understand the area you are considering to buy in.

What is the final sale price of a house in Abergele?

In Abergele, houses for sale are sold at an average of £175,603. 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 Abergele. 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) £207,793
Aerage sold price (semi-detached) £138,289
Aerage sold price (terraced) £122,503
Aerage sold price (flat) £89,451

As you can see above, for Abergele, 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 3% where lots of movement may inflate or deflate house prices.

Housing category Sale price per square foot
Aerage sold price/sqft £1,980
Aerage sold price/sqft (new build) £2,040
Aerage sold price/sqft (old stock) £1,860

Looking at the second table about Abergele, 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 Abergele is £1,980.

What are the asking prices for the houses for sale in the city of Abergele?

Table showing the asking prices for houses for sale in Abergele

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £190,546
Average asking price (3 bed) £250,984
Average asking price (4 bed) £365,300
Average asking price (5 bed) no relevant data for this city

After looking at this table about prices of houses for sale in Abergele, someone who is buying a home would have a detailed understanding of what kind of house for sale is available on the market that best suits the amount of money they are looking to invest. Also, using a more general figure like the average asking price per square foot of a property which is £0 will help them to have a more holistic understanding.

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 Abergele 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 £235,072.

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 Abergele.

Invest in houses for sale in Abergele with the right professional advice

Considering all the above data and information provided, you may want know who can help you buy a house for sale.
Lots of professionals offer property investors and first-time buyers advice and assistance in dealing with the process of acquiring a house for sale.

Below, you can find a list of professionals that come in handy when looking for houses for sale:

  • Lender – Is someone capable of lending you the money you need to complete the purchase of the house for sale
  • Insurer – Insurance companies provide building insurances and other financial products you need to protect your real estate assets
  • Conveyancer – This professional will take care of the legal work needed when looking for a house for sale
  • Surveyor – Use this professional to assess the condition of the house for sale you are willing to buy, get an independent valuation and feel more comfortable when negotiating the final price
  • Mortgage broker or adviser – Different buyers can access different mortgages to buy a house for sale. Let the mortgage broker suggest to you which one is the best given your financial situation
  • Energy professional – Nowadays is more important than ever, to get professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering as your next investment

Invest in a house for sale that meets your demands

Many criteria impact the price of houses for sale in Abergele.
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.

In Abergele, what are the rental yields?

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 Abergele, 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 Conwy, to give a smaller scale area to compare the data to.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Abergele no relevant data for this city no relevant data for this city no relevant data for this city £0
Conwy 5.40% £942.00 140.00% 12.62%
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 Abergele you might be interested in the number of sales per month (16) that happen in the local housing market. Comparing this figure for Abergele with the above table gives you a good understanding of the profitability of the area.

Are there more or fewer houses being built in Abergele?

Before committing to Abergele 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
Abergele growth rate 12% 23% 36%

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 Abergele is building housing to find your answer.

Frequently Asked Questions

Do properties in Abergele offer renovation potential?

Abergele is likely to be a great place for revamping property if there is a lot of greenlit planning permission. The are 7 each month, attaining a success rate of 82% and a total population of 17890. You can find out if this is above or below similar areas in the UK by comparing it to a nearby place

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

In Abergele, the monthly property transaction count reaches 16, a small percentage of the total house sales in the United Kingdom which equates to approximately 1.1 million.

How does the population in a city like Abergele change annually?

Calculating the evolution of Abergele’s population requires an examination of the population transformation over a decade, amounting to 3%, and the five-year adjustment at 2%. 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

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

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

Is purchasing a house in Abergele considered a costly decision?

Calculate if a property is on the pricier side by matching a listed house for sale against the mean selling prices. In Abergele, this value is £175,603, compared to the UK’s average of £286,500.

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

When buying, having the right expertise when navigating Abergele 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 Contact number Address of agent Email
Jones Peckover 441745832240 61 Market Street Morris Stephen (steve.morris@jonespeckover.com)
Peter Large Estate Agents 441745400159 45-47 Market Street, Abergele, LL22 7AF Phone number only
PRYS Jones and Booth 441745400603 Nelson House, Water Street, Abergele, LL22 7SH Phone number only
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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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