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A guide on houses for sale in Beddgelert

by | Nov 15, 2022

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

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Whenever looking for a house for sale in the UK or in Beddgelert, it is vital you look at the market trends and house price fluctuations in the wider area of Gwynedd too. House prices of houses for sale can change even among different streets very close to each other so, as a landlord, it would be a good idea to be familiar with the area of Beddgelert.

In this article, we will be looking at the city of Beddgelert in detail so you know how to navigate the area and have a better understanding on where to invest.

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

Who should you talk to while going through the process of making an offer on a house for sale?
Several experts specialise in giving advice to property investors or to first time potential buyers.

Since the process of finding the right house for sale can take months, you have all the time to consult with the experts you might need.

Find here a list of those you should contact to get professional guidance and assistance when purchasing a house for sale:

  • Lender – This practitioner can lend you money to finalise a house purchase
  • Insurer – Insuring companies will provide you with the insurance policy you need to protect the house for sale you want to buy
  • Legal representative – This professional is usually there to handle all the legal tasks associated with purchasing a home for sale.
  • Surveyor – Carries out and independent valuation on the house for sale based on its conditions. It is very useful to understand the correct price before making an offer
  • Mortgage specialist – Mortgage advisors works on commissions. They will get a cut from the bank and will guide you with offering the best deals given your financial situation
  • Energy assessor – We strongly suggest you to invest in a professional assessment of the Energy Performance of the house for sale you want to purchase

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 Beddgelert 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.

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

There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Beddgelert. In Beddgelert, this sale price works out to be £172,899. As an example, a factor like population growth over the last 10 years which works out to be 3% in Beddgelert and impacts house prices of the houses for sale.

Housing category Total final sale price
Average sold price (detached) £247,205
Average sold price (semi-detached) £174,340
Average sold price (terraced) £129,249
Average sold price (flat) £119,300

Above, the exact type of house is also shown to vary in price in a table in Beddgelert. You may think that the bigger the house is the more expensive, but actually, this table is more based on the demand for the properties in each category.

Housing category Sale price per square foot
Average sold price/sqft £1,790
Average sold price/sqft (new build) £2,120
Average sold price/sqft (old stock) £1,660

In addition, here is the price per square foot. By taking this data and doing an average, it is also possible to work out the average square foot of houses in Beddgelert which is £1,790. From here you can get a sense of the price of the overall housing market and therefore, also find out the prices of the houses for sale.

What kind of demographics does the city of Beddgelert have?

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

In the city of Beddgelert and throughout the UK, the social grade score is assessed by observing what type of jobs people have and then grouping this into a grading system.

In general, the people at the top of the scale (the A category) have the highest paid, most skilled jobs and this is just 4% of the general UK population. On the lower end of the scale, people who are on benefits, state pensions and also manual workers all are grouped into this category that represents the most unskilled.

When trying to determine if the area of Beddgelert has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 0.19.

Below, you can see how this compares to the National average as the average for the top two categories nationwide is 27% (Adding together the A and B categories)

Social Score Category The proportion of the UK population (%)
A Professional, managerial or administrative 4
B Intermediate managerial or professional jobs 23
C1 Supervisory, junior managerial or professional jobs 29
C2 Skilled manual workers 21
D Semi and unskilled manual workers 15
E State pensioners, casual & lowest grade workers 8

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

In the below headings, the city of Beddgelert 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 Beddgelert. So, taking a good look at the data is essential to understand the area you are considering to buy in.

What is the education level like in Beddgelert?

The number of people as a percentage who have been through university and gained a degree is 27%. The ability to buy a home is greatly influenced by the number of people who have degrees. £36,900.00 is the amount people in Beddgelert are earning.

As you can tell, this figure along with the number of people who have degrees roughly correlate. For reference, the percentage of people who have degrees in the UK is 22.6% and the average household income is.

As a general rule, the bigger the difference between this 22.6% figure and the percentage of people with a degree in Beddgelert, the bigger the difference in the ability to earn and hence buy a house. A higher number of degrees will increase the potential for people to earn and hence the buying power of the population. This will also push up the price of houses in the area.

Nonetheless, making accurate estimates for the appreciation of homes must be done with other pieces of data in mind such as the rental yields or perhaps the crime rate of the area to name some examples.

How much do people in Beddgelert earn?

By and large, a higher household income in a population can have positive effects on the crime rate and the quality of space. This is due to the fact that higher earners tend to buy houses where there are better schools and more desirable amenities that impact the quality of life someone has.

In Beddgelert, the average income is £36,900.00. Measuring this figure against the average household income for the UK of price34,000 should tell you if the city is higher or lower earning.

When buying a house, use this statistic with other factors when making a decision too like the crime rate or the social grade score of 0.19 to decide on what the demographics are like in the area.

What does the population of Beddgelert 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 Beddgelert is 21444.

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 Beddgelert.

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

In the last five years, over time, the change in population size was 2%. 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 Beddgelert 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 (2%) 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.

Beddgelert population difference over 10 years?

The population has adjusted in the area of Beddgelert by 3% 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 Beddgelert.

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.

Is there sufficient green space in Beddgelert?

Whether you view green space in Beddgelert 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 Beddgelert, the number of acres of green space for every 1000 people currently is 31 which can be measured against the UK average of 1.7.

What’s crime like in Beddgelert?

For every one thousand people living in Beddgelert, 101 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 101 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 deprivation levels of the UK any different to Beddgelert?

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 Beddgelert, 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.

Choose the right house for sale that suits your needs

What parameters impact the final price of a house for sale in Beddgelert?
Here below is our list with the most important ones:

  • House for sale affordability – check out the (see house affordability guide)

    on the UK gov website to know more

  • House Location – the actual location of a house for sale drastically changes the final price of a property

  • Transports you can reach by foot – Commuting is part of our lives, especially in big cities, check it out before buying a house for sale.

  • Number of bedrooms – Usually, the bigger the house for sale the more bedrooms it will have. For example, if you are a single person (or a couple) one bedroom will do.

  • Energy Performance Certificate of the house for sale – Bad EPCs can result in thousands of pounds more in bills you will have to pay on an annual basis. Consider this when purchasing a new property.

  • Internet connection – Having a quick internet connection is fundamental nowadays. Check the area of the house for sale to understand what the average internet speed is and see if it fits your needs

  • Do you drive to the office? – If yes, ask about parking. Is it included in the house price?

  • Special areas – Start by taking a look at the National Heritage list by the UK government. If a house listed for sale appears in the list, the future landlord won’t be able to invest in changes to the real estate asset.

  • Houses for sale Conditions – When looking for houses for sale you should always consider the amount of time and money you will have to invest to complete the needed repairs, if any at all.

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

Is the housing market in Beddgelert growing?

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 Beddgelert that shows the growth in recent years.

1 year 3 years 5 years
Beddgelert growth rate 10% 12% 19%

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 Beddgelert is important.

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Beddgelert, 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).

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

When speaking about the city of Beddgelert, £225,822 is the asking price for a house for sale.

We have compiled a table of data so you can know the asking prices of the specific size of home you’re most interested in. As you can imagine, a family looking to move out with children in Beddgelert would be after a larger house than someone living alone.

The data is in fact very different compared to the number of rooms you’re interested in having in your home and the asking price also tends to go up in staggering amounts as you add rooms.

In the city of Beddgelert, 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) £174,662
Average asking price (3 bed) £225,922
Average asking price (4 bed) £337,647
Average asking price (5 bed) no relevant data for this city

The above table is perfect for understanding the distribution of properties in the area as well as looking at this data alongside the average asking price per square foot of £0. Telling you what type of house is most in demand relative to the price of the area.

This could be due to more people looking at particular types of houses for sale over others or even due to the fact that Beddgelert has a lack of supply of housing in certain categories.

F.A.Q.

Are there opportunities for property renovation in Beddgelert?

If planning permissions are abundant in the vicinity of Beddgelert, it may look promising for landlords looking to renovate. With 8 getting approved on a monthly basis, and a success rate of 88%, these prospects flourish against a population of 21444. A comparative analysis against other locations across the UK will lend you a good perspective of this data.

What is the monthly count of property transactions in Beddgelert?

The city of Beddgelert sees around 9 property transactions every month, while the nationwide figure for the whole of the United Kingdom stands at roughly 1.1 million property sales.

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

When evaluating the population trajectory of Beddgelert, explore the decade-spanning population shift of 3% and the five-year modification of population of 2%. By drawing comparisons, see if demographic changes in your chosen area is

What are the asking rates for houses for sale in the surrounding area of Beddgelert?

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

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

Calculate if a property is on the pricier side by matching a listed house for sale against the mean selling prices. In Beddgelert, this value is £172,899, compared to the UK’s average of £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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