Sometimes, working out the prices of the houses for sale can be tricky business. This is why we created this article all about the price of houses for sale in Bont Dolgadfan, Powys.
From the average asking price of houses for sale in Bont Dolgadfan to the growth of the population in the area, all will be talked about regarding the city of Bont Dolgadfan. So you will get better clued up on the area, and make finding a house for sale in the UK easier.
In Bont Dolgadfan, what are the demographics like?
How much do people in Bont Dolgadfan earn?
While not always the case, the amount people earn can be associated with better schools in the area and perhaps a nicer environment to live in.
£34,400 is the average household income of the area. And the higher this figure is the more likely it is that there is a higher percentage of people with a social grade score in the A or B categories which is 18% for Bont Dolgadfan.
Is the education level of Bont Dolgadfan important when buying a house?
In Bont Dolgadfan, the proportion of people who have a degree is 30%. Generally speaking, as the number of people with degrees increases, the more people are able to afford houses to buy as a degree is a good indicator of a higher income. To put this into perspective, the average income of Bont Dolgadfan is £34,400.
This figure for average household income usually goes up alongside the percentage of people who have degrees.
However, this is not a hard and fast rule, there are many factors influencing the buying power of a population and hence the appreciation of housing and the number of houses for sale in the area. This can include the rental yields of the area and other demographic statistics like crime rate.
Nonetheless, it cannot be argued that those with degrees tend to live in more affluent areas as 82% of people who achieve a first in degree level education are owners of the place they live.
What is the population of Bont Dolgadfan?
In total, the number of people in Bont Dolgadfan is 1,035. This figure can be used to estimate the appreciation of the houses but it is also important you look at the population growth figure in order to make this more accurate.
Whether a large population benefits you as a landlord is dependent on what you want from a home. A large population is great if you have children who prefer the bustle of crowds in cities but there are also those who purposely want to buy somewhere rural.
You may also be able to find a balance of both where there are shops, restaurants and entertainment and also rural areas all within a short distance which may be the case ni Bont Dolgadfan, depending on where exactly you are.
How has Bont Dolgadfan changed in the past five years?
Five years provides enough time for a city to grow dramatically. It may be the case that the population grows or shrinks but the city of Bont Dolgadfan has changed by 0%. Read more here
It is also helpful to compare this data to a longer time period like 10 years like in the below subheading. If the population trend of growth or decline has been there for a longer period of time you’ll be able to tell if 0% is a recent change or not.
Click here to know more on the UK population trends.
In the last decade, what is the difference in population in Bont Dolgadfan?
0% has been the population growth change in the past 10 years.
Usually, this is more of a conservative figure compared to the five year change of a city.
Industrial changes can also be the reason for this shift but it could also be due to immigration or emigration. Bringing people in or out of the area.
The recent global pandemic has also shifted the number of people living in cities as people realise they can now work remotely. It may be that the people of a Bont Dolgadfan have seen a more desirable way of working, moving to make themselves more comfortable in their careers.
For example, the population of the South west of England has seen a massive increase in population because workers want to move there to benefit from the slightly better weather, lower house prices and also the rural area. Nonetheless, they can also benefit from travelling to the capital city of the UK, London.
In Bont Dolgadfan, what is the social grade score?
In the city of Bont Dolgadfan 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 Bont Dolgadfan has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 18%.
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|
Is there sufficient green space in Bont Dolgadfan?
In the city of Bont Dolgadfan, there are 6.3 acres of green space per 1000 residents.
The charity, ‘Fields in Trusts’ recommends a minimum of 6 acres of green space per 1000 people so it is easy to see where Bont Dolgadfan is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.
The city of Bont Dolgadfan, situated in Powys, is a particularly impressive part of the UK because of the specific demographics of the location.
In the below headings, the city of Bont Dolgadfan 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 Bont Dolgadfan. So, taking a good look at the data is essential to understand the area you are considering to buy in.
Is the crime rate bad in the city of Bont Dolgadfan?
The crime rate of Bont Dolgadfan must be looked at sceptically. The reason for this is that the crime rate can vary within a city greatly and the type of crime committed can also vary too.
For example, the area has a crime rate of 45, but another city may have a higher crime rate but not be deemed as dangerous due to lower level crime or minor offences being committed.
Either way, high crime rates are never a good sign so consider the rate against the UK average of 79.52 for every 1000 people as a benchmark.
Lower rates could mean things like home insurance is cheaper and you have to install fewer security measures throughout your house. Saving you money in the long run. So the statistic of crime rate (45) is both useful and is recommended to be compared to the average.
How deprived is the population of Bont Dolgadfan?
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 25% for Bont Dolgadfan should give you a nice idea of the deprivation in the area.
How are rental yields of the houses for sale different to the rest of the UK in Bont Dolgadfan?
Are there new houses being built in Bont Dolgadfan to make it grow?
Before making an investment and move forward with buying a house for sale, another important set of data an investor should analyse is the growth trends of the area in question.
Below are the forecasted growth rates for the city of Bont Dolgadfan at 1 year, 3 year and 5 year intervals:
|1 year||3 years||5 years|
|Bont Dolgadfan growth rate||no relevant data for this city||no relevant data for this city||no relevant data for this city|
Examine this figure carefully as the addition of a lot of new houses to meet demand could mean that house price of the houses for sale in Bont Dolgadfan gradually reduces with an increase in the housing supply. This could be a good indicator to understand if your house will appreciate or not. Too many houses and too much supply could drive down the prices of homes or stagnate them. So be sure to check out what is exactly happening in Bont Dolgadfan.
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 Bont Dolgadfan, 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 Powys, to give a smaller scale area to compare the data to.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Bont Dolgadfan||no relevant data for this city||no relevant data for this city||no relevant data for this city||no relevant data for this city|
|Powys||4.70%||£629||no relevant data for this city||13.11%|
Assuming that in the future you want to re-sell the house you will eventually purchased in Bont Dolgadfan you might be interested in the number of sales per month (0) that happen in the local housing market. Comparing this figure for Bont Dolgadfan with the above table gives you a good understanding of the profitability of the area.
In Bont Dolgadfan, what do houses for sale tend to sell for?
In Bont Dolgadfan, the average sale price of a house for sale is in fact £205,904. This is dependent on the 10 year population growth of Bont Dolgadfan being 0%. Growing populations are more likely to inflate the prices of houses for sale in the city of Bont Dolgadfan.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£228,086|
|Aerage sold price (semi-detached)||no relevant data for this city|
|Aerage sold price (terraced)||no relevant data for this city|
|Aerage sold price (flat)||no relevant data for this city|
The list below is able to inform you of what these prices are. Giving you an accurate estimate of whether a landlord is likely to accept your offer based on the prices of the houses for sale in Bont Dolgadfan.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£2,020|
|Aerage sold price/sqft (new build)||£0|
|Aerage sold price/sqft (old stock)||£1,790|
Evidently, certain types of houses for sale will have different types of demand and this will be reflected on the final price.
On average, the cost of a house for sale per square foot works out to be £2,020. This means if you are just looking out the houses sold in Bont Dolgadfan in general and didn’t take into consideration the type of build. For example, a new build.
What is the asking price on average of houses for sale in Bont Dolgadfan?
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 Bont Dolgadfan 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 £283,750.
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 Bont Dolgadfan.
The average asking price for the houses for sale in the city of Bont Dolgadfan
|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)||no relevant data for this city|
|Average asking price (4 bed)||no relevant data for this city|
|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 Bont Dolgadfan has a lack of supply of housing in certain categories.
Invest in houses for sale in Bont Dolgadfan with the right professional advice
Choose the right house for sale that suits your needs
Criterias that have an impact on the actual price of a house for sale have been listed here below. Consider them all to find the perfect houses for sale in Bont Dolgadfan.
Affordability – check this article from the UK government to find out (see what house for sale you can afford)
Location – if the house for sale is in the city centre rather than further out, this may be why it is more expensive than the market average.
Transports near the house for sale – Being able to use public transports is a huge plus for a house, especially in big cities. This will have an impact on the price as well.
Bedrooms – the more bedrooms there are in a house for sale, the more tenants a buy to let investors will be able to host, therefore, realistically the price will also increase.
EPC of the house for sale – today more than ever, the energy performance of properties for sale on the market should be one of the first things you check.
Wi-Fi speed – We recommend you check the internet plans available for the areas where you are considering to buy a house for sale
Are you a motorist? – If yes, filter out your searches and compare prices of houses for sale with parking availability. Remember, a car parking space can cost as much as £400 per month
Conditions of the house for sale – New builds and properties that were recently built usually need little to no repairs; instead, other houses for sale may require consistent or structural maintenance. These investments that can be both expensive and laborious to complete. Before making your offer for a house for sale you should always carefully assess this criteria.
houses for sale in other cities in the UK
Examine this short list of cities belonging to Wales, the same region where Bont Dolgadfan is located.
If none of these is of your interest, we suggest you visit our landing page with all data related to the houses for sale in the UK.
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