Beddgelert – What to look for in houses for sale?

As a landlord, whenever you are looking at houses for sale in Gwynedd, you could find varying prices throughout an area like Beddgelert. 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 Beddgelert 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 Beddgelert will be revealed. Keep reading.

In general, what do houses for sale sell for in Beddgelert?

In Beddgelert, houses for sale are sold at an average of £172,899. 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 Beddgelert. 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)	£247,205
Aerage sold price (semi-detached)	£174,340
Aerage sold price (terraced)	£129,249
Aerage sold price (flat)	£119,300

As you can see above, for Beddgelert, 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	£1,790
Aerage sold price/sqft (new build)	£2,120
Aerage sold price/sqft (old stock)	£1,660

Looking at the second table about Beddgelert, 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 Beddgelert is £1,790.

On average, what is the figure for the asking price of a house for sale in Beddgelert?

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 tables should give you a generic view of what the prices of the houses for sale are like. To close things off in terms of the house asking price, the average asking price for the house for sale in the whole of Beddgelert is £0. This should show you the general prices overall and for individual types of houses too.

When investors make offers for houses for sale in Beddgelert, the average price asked by the homeowners works out to be £225,822.

In the table below, for all the different sizes of houses in the area, the average asking prices have been displayed. This tells you what kind of house is more or less expensive and sought after despite houses with fewer bedrooms being overall less expensive anyway.

Any house that looks like it is overpriced for the number of bedrooms it has in Beddgelert is typically not overpriced. It is just the case that that type of housing has a higher demand, therefore, people are willing to pay more.

In Beddgelert, what are the demographics like?

What’s crime like in Beddgelert?

In Beddgelert, for every 1000 people, there is currently a crime rate of 101. This can be compared to the national average of 79.52 for every 1000 people.

Low crime rates are desirable for your safety as a homeowner. Even if you don’t tend to leave the house too often and tend to not mind living in a slightly more dangerous area. Things like burglaries are always a possibility which could harm your ability to pay for home insurance and also may force you to install additional security in your home that can cost you further.

Having said this, you can look at the crime rate on a deeper level to find out what the threats are exactly. It could be the case that a proportion of these crimes (101 for every 1000 people) come from things like anti-social behaviour rather than more serious crimes like violence and sexual offences.

If this is the case you may be more willing to look over a high crime rate within the areas you’re looking to buy a home.

Is there sufficient green space in Beddgelert?

There are cities in the UK such as Edinburgh and Bristol that have a higher percentages of green space with Edinburgh being the most at 49%. The city of Beddgelert currently has 31.3 for every 1000 residents.

Green space helps the quality of people’s mental health as well as fight against diseases like obesity. As studies have shown that the proximity of people to green spaces in the UK has a positive impact on the physical health of people in the UK and Beddgelert in this case.

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

In the city of Beddgelert, 27% of people have degrees. In general, as the number of people who are highly educated goes up, the more likely they are to have the ability to buy houses as their annual household income goes up too.

So you can see for yourself, the average income for the people of Beddgelert is £36,900. This generally goes up with the education level of the area. Additionally, looking at the difference between the proportion of people with degrees and the UK average for this statistic (22.6%) should give you an idea of the affluence and education of the city.

A higher education level can therefore tell you if the house prices are likely to be high as the higher income level often results in people buying a bigger, more valuable house.

Having said this, whale education level can be a good factor to go by, there are also things like the rental yields, the population growth and social grades scores that can impact the value of a house and whether it will go up in value as time goes on.

In the city of Beddgelert, has the population grown or shrunk?

Population growth in Beddgelert is important to know if there is housing demand and the total population may also be looked at as large populations commonly have a lot of buyer demand.

In Beddgelert, 21,444 people live in the city as their main place of residence.

It is important to note that it is not the case that everyone likes a large population to live in. People who tend to prefer a more relaxed life are more likely to buy or rent somewhere to live that has a small population and perhaps also wouldn’t mind if the population isn’t growing.

Other people also like to have a mix of both. Where they can visit rural areas and also benefit from the amenities of a busy city.

In Beddgelert in the previous five years, have population numbers transformed?

Five years may seem like a long time but it is rare for a city to grow that much unless there is dramatic population growth. In Beddgelert, this change has been 2%. Read more here

Someone who wishes to find out how this change has occurred over a longer period of time may also wish to read the headings below and see if the change has continued throughout the past decade too. Or if the change is only true for the more recent figure for five years of 2%. Click here to know more on the UK population trends.

Over the last decade, how has the population differed in Beddgelert?

Populations change all the time but if there is a clear change in population in the last ten years this is even more reliable data about the population of the area as opposed to five. This adjustment in population works out to be 3% in Beddgelert.

What this statistic is like in comparison to the population change in five years should provide you with a comprehensive understanding of what direction the population is heading in.

In recent years because of the pandemic, it is common to see dramatic differences in the population change in the last five years when comparing it to ten as people realise they can work from home but still keep the current jobs they have.

This means they can move to cities they wouldn’t have considered otherwise and be location-independent of their source of income. Perhaps making a longer commute into the office every week for example.

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. 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 19% to decide on what the demographics are like in the area.

In Beddgelert, what are the deprivation levels like?

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 Beddgelert is 27%.

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.

In Beddgelert, what is the social grade score?

Most of the time, the social grade score of a city is what it takes to determine what the economic levels are like as this score refers to what type of jobs the people of the area generally work as. So, from highly skilled, managerial roles, to the manual labour workers of the UK, how does Beddgelert compare?

At the highest end of the scale (A) jobs that are managerial administrative or professional are all lumped into this category. On the other hand, there is the lowest grade (E) where workers who are on benefits, state pensions or work casual jobs fall into.

In Beddgelert, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 19%.

So you can compare this data, here is the estimated grouping of the social grades of the UK for the general population. Adding the two highest categories of A and B and comparing this percentage to the high social grade score which combines A and B should give you a good comparison.

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

Always consider average rental yield when searching for houses for sale in Beddgelert

If you’re buying a house for investment rather than for the reason to live in the house over time and use the house as a place to stay in the long term, there is a need to look at the rental yield figure to see if the house for sale you are considering to buy is a good investment or not.

This figure is usually looked at by investors as well as the rental income of the area, the sale turnover and the rent turnover.

The table below represents this data and compares Beddgelert to Gwynedd and the broader suburb of the UK; Wales.

	Average Yield	Average Asking rent	Turnover (rental)	Turnover (sale)
Beddgelert	no relevant data for this city	no relevant data for this city	no relevant data for this city	13.0%
Gwynedd	no relevant data for this city	no relevant data for this city	no relevant data for this city	12.00%
Wales	4.28%	£861	133.18%	14.84%

Let’s assume you want to sell the house you’re looking to buy in Beddgelert for profit in the future, in this case, looking at the data for the number of houses sold per month in Beddgelert would give you an idea of whether the area is actively getting new investors. This figure is 16.

It is vital you be careful with this figure however as the data can suggest something that isn’t true in Beddgelert. To give an example, a lot of people buying new houses could also indicate there are a lot of new first time buyers in the area which would in fact drive down the rental yield.

The more people there are interested in renting, rather than buying, the more likely that area of the UK has high rental yields and hence investors like these areas to invest in to create a large amount of cash flow.

Are there more or fewer houses being built in Beddgelert?

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.

Advice from experts on properties for sale in Beddgelert

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

Thinking about other cities with houses for sale?

Below are a list of towns with a similar location to Beddgelert.
Reading these analysis will help you evaluate the different houses for sale currently listed in Wales:

• Bishopston in Wales
• Bon-Y-Maen in Wales
• Coedely in Wales
• Lower-Town in Wales
• Cwmbach in Wales

If you are interested in some other city or even region of the UK, please visit the following page houses for sale in the UK it contains all the data related to the houses for sale.

A house for sale that is right for you

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.