As a landlord, whenever you are looking at houses for sale in Anglesey/Sir Fon, you could find varying prices throughout an area like Amlwch. In this article, this data will be simplified so you can find all of the data on one, convenient page.
So, from the rental yield of Amlwch to the success you may expect to get when submitting planning permission. Everything you need to know about house for sale in the UK and in Amlwch will be revealed. Keep reading.
Are there any important statistics about the population of Amlwch?
How much are those living in Amlwch earning?
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 £30,700.
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 Amlwch this figure is 12%.
In the city of Amlwch, 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 Amlwch, the city has 26.1 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 Amlwch.
Have the people of Amlwch grown in numbers?
The city of Amlwch has a total population of 6,115. 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 Amlwch 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 Amlwch
Over time, in the last five years, the population of the city of Amlwch has changed by 1%. 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 1% 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 Amlwch?
In the last 10 years, there has been a shift in the population of 1%.
Comparing this to the 5 year figure of Amlwch 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 the city of Amlwch, the demographics are unique and must be looked at by themself to make a conclusion about the area before buying a house. This is because the growth could be greatly different to the wider area of Anglesey/Sir Fon for example.
These demographics for Amlwch may impact the price of a house, how this house grows over time and the profitability of a house if you are buying it for an investment so knowing the area is crucial for a landlord making a purchasing decision in the city of Amlwch in Wales.
What’s a social grade score and how does it relate to Amlwch?
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 Amlwch, the percentage of people in the two highest categories, A and B is 12%. 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 £30,700. This income will generally get bigger as the percentage of people in the A and B categories go up too (12%).
What’s crime like in Amlwch?
For the city of Amlwch, crime rate is at 69. So for every 1000 people in the area, 69 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.
How deprived is the population of Amlwch?
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 Amlwch is 31%.
For the city of Amlwch, what is the education level?
In the city of Amlwch, 21% 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 Amlwch is £30,700.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
In Amlwch, 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 Amlwch, 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 Anglesey/Sir Fon, to give a smaller scale area to compare the data to.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Amlwch||no relevant data for this city||no relevant data for this city||no relevant data for this city||12.0%|
|Anglesey/Sir Fon||no relevant data for this city||no relevant data for this city||no relevant data for this city||11.70%|
Assuming that in the future you want to re-sell the house you will eventually purchased in Amlwch you might be interested in the number of sales per month (5) that happen in the local housing market. Comparing this figure for Amlwch with the above table gives you a good understanding of the profitability of the area.
Are there new houses being built in Amlwch to make it grow?
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 Amlwch that shows the growth in recent years.
|1 year||3 years||5 years|
|Amlwch growth rate||4%||22%||32%|
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 Amlwch is important.
In Amlwch, what is the asking price in general for a house for sale?
Average price of houses for sale in Amlwch
|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)||£270,164|
|Average asking price (4 bed)||no relevant data for this city|
|Average asking price (5 bed)||no relevant data for this city|
Reading the table above should therefore give you a good idea of the type of house for sale that is within your budget in Amlwch and if you may need to look at a different area in order to buy the type of house you can afford.
Also, noting the £0 should also give you an overview of what the asking price for houses for sale are in general.
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 Amlwch 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 £296,808.
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 Amlwch.
What is the final sale price of a house in Amlwch?
In Amlwch, houses for sale are sold at an average of £172,653. 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 Amlwch. 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)||£220,214|
|Aerage sold price (semi-detached)||£139,134|
|Aerage sold price (terraced)||£105,441|
|Aerage sold price (flat)||no relevant data for this city|
As you can see above, for Amlwch, 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 1% where lots of movement may inflate or deflate house prices.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£1,670|
|Aerage sold price/sqft (new build)||£0|
|Aerage sold price/sqft (old stock)||£1,570|
Looking at the second table about Amlwch, 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 Amlwch is £1,670.
Invest in houses for sale in Amlwch with the right professional advice
Other cities you can consider looking for with houses for sale
See here below a list of cities in the same UK region of Amlwch which is Wales. You might want to consider these as alternatives for your next real estate investment:
- Cosheston in Wales
- Edgeley in Wales
- Abergorlech in Wales
- Llanfairfechan in Wales
- Bont-Dolgadfan in Wales
Or, visit our dedicated page on the houses for sale data for the whole of the UK – houses for sale in the UK.
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
A house for sale that is right for you
When browsing houses for sale in Amlwch 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 – 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
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.