Bontddu 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 Gwynedd.
Before looking for a house for sale in the city of Bontddu 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 Bontddu.
Invest in a house for sale that meets your demands
Find here below a list of criteria that we suggest you consider before looking for houses for sale in Bontddu
affordability – the UK gov website comes in helpful when you want to understand (see what house for sale you can afford)
Geographic Location – the county and region across the UK you are considering to invest in are crucial factors to consider when browsing houses for sale.
Transport network of the house for sale – Hopefully, the pandemic stays in the past. Therefore, working from home may become less predominant than a couple of years ago. Check the commuting time of the house for sale you are considering buying.
Bedrooms in the house for sale – are you looking for houses for sale for yourself, for a couple or for the whole family? This condition will narrow down the number of houses for sale relevant to buy.
EPC of the house for sale – today more than ever, the energy performance of the properties for sale on the market should be one of the first things you check.
Broadband speed – having a good internet connection is crucial nowadays. Always check the available subscriptions available for the areas of the house for sale you want to purchase
Are you a car owner? – if yes, you will have to check for parking availability of the house for sale. Does it come with a garage included in the price?
Conservation areas – when browsing for houses for sale, we suggest you take a look at the National Heritage list. When a house for sale is included it means that it is not possible for the future homeowner to make changes to the property, both inside and outside.
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.
In general, what do houses for sale sell for in Bontddu?
For the city of Bontddu, the average price a house sells for is £177,642. This value usually depends on the exact location of the house within Bontddu as well as other factors like the population growth which is 3% over a ten-year period.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£231,673|
|Aerage sold price (semi-detached)||£154,319|
|Aerage sold price (terraced)||£122,261|
|Aerage sold price (flat)||no relevant data for this city|
The above table puts this figure into perspective as you can see the various average sale prices of a house for the specific type of house you’re most interested in. This comparison is important because the type of house you’re considering to buy may be more or less in demand based on variations in supply and demand in the city of Bontddu.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£1,730|
|Aerage sold price/sqft (new build)||£2,000|
|Aerage sold price/sqft (old stock)||£1,640|
Generalising the bottom table, the average value per square foot of a house for sale is £1,730. This value averages all of the types of houses for sale in Bontddu. So, if you’re not sure what type of house you want specifically, you can still get an idea of the real estate market of Bontddu.
Bear in mind that if you are a landlord looking to buy a property to rent, you will also run into other expenses like letting agent fees and the cost of listing your property for sale on Rightmove in your city.
What’s the rental yield in general for the city of Bontddu?
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 Bontddu, 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 Gwynedd, to give a smaller scale area to compare the data to.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Bontddu||no relevant data for this city||no relevant data for this city||no relevant data for this city||£0|
|Gwynedd||no relevant data for this city||no relevant data for this city||no relevant data for this city||12.00%|
Assuming that in the future you want to re-sell the house you will eventually purchased in Bontddu you might be interested in the number of sales per month (3) that happen in the local housing market. Comparing this figure for Bontddu with the above table gives you a good understanding of the profitability of the area.
What is the growth in the housing market of Bontddu?
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 Bontddu that shows the growth in recent years.
|1 year||3 years||5 years|
|Bontddu growth rate||14%||22%||38%|
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 Bontddu is important.
What kind of demographics does the city of Bontddu have?
In Bontddu, how has the population changed?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Bontddu if 4210 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 Bontddu such as rental yield or house appreciation.
How has the population size of Bontddu adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Bontddu 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 Bontddu?
In the last decade, the population of Bontddu 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.
What is the social grade score of Bontddu?
In the city of Bontddu 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 Bontddu has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 20%.
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|
What’s crime like in Bontddu?
For the city of Bontddu, crime rate is at 7000%. So for every 1000 people in the area, 7000% 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.
Located in Gwynedd is the city of Bontddu, in a large part of the UK; Wales. Before you look for houses for sale in this area, it is a reasonable question to ask what the people who live there are like.
Below, the population of Bontddu has been dissected in terms of if the population is educated, what the crime rates are like and much more. All important factors to consider before making a house purchase among the offer of the houses for sale.
The knowledge below is based on a lot of different variables relevant to the city of Bontddu which impacts the profitability of making an investment here or how desirable buying a house to live in is if you want to live on a permanent basis.
How educated are the people in Bontddu?
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. £30,900.00 is the amount people in Bontddu 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 Bontddu, 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.
Is there sufficient green space in Bontddu?
Providing the right amount of green space for people in the UK is a difficult subject because there are clear benefits for human health but at the same time, it is hard to make sure all areas of the UK can get enough greenery. This is a result of land being already in use in cities where most people live.
In Bontddu, 12 is the amount of acres of outdoor space there is for every 1000 people. Charities such as ‘Fields in Trust’ recommend there to be at least 6 acres. This should allow you to conclude whether this green space is sufficient for you if you are interested in buying in Bontddu.
How deprived is the population of Bontddu?
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 Bontddu, 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.
How much are those living in Bontddu earning?
As earning potential goes up in a city, so does the quality of schools in the area, the general infrastructure and the social grade score (20%). All in all, the area becomes a more desirable place to live in.
This is why it is vital to pay attention to how much people are making annually in any city you plan on making a house purchase in. In Bontddu, this works out to be £30,900.00. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.
Are you considering other cities with houses for sale?
Below is a list of towns that differ from Bontddu.
Going over these locations will help you evaluate the different houses for sale across the UK. Whether that be in the same or a very different region to Wales:
- balgonar in Wales
- broxbourne in Wales
- isle-of-wight in Wales
- milton-keynes in Wales
- avery-hill in Wales
If you are interested in other cities or even regions of the UK, please visit the following page for more information:houses for sale in the UK it contains all the data related to the houses for sale in our nation.
On average, what is the figure for the asking price of a house for sale in Bontddu?
Average price of houses for sale in Bontddu
|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 tables should give you a generic view of what the prices of the houses for sale are like. To close things off, the average asking price for the house for sale in the whole of Bontddu 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 Bontddu, the average price asked by the homeowners works out to be £271,320.
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 Bontddu 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.
Invest in houses for sale in Bontddu with the right professional advice
In today’s market with an abundance of homes available for sale, choosing the best house for sale can be challenging.
With several houses for sale to choose from, who will guide you through the process of choosing?
We have listed here below several experts and companies able to advise and support potential buyers.
The process of finding and investing in a house for sale can be lengthy and time-consuming, this is why we suggest you consult with the following professionals:
- Banks – Lend you the cash
- Insurance companies – Insure your new real estate investment
- Conveyancer – handles all the legal labour that is needed to proceed in buying a house for sale.
- Surveyor – Carries out an independent and complete property valuation of the house for sale
- Mortgage advisor – If you are thinking to get a mortgage to get the finances needed to afford to buy a house for sale, a mortgage advisor is the person you should be looking for
- EPC person – Always get a quote on the Energy Performance Certificate of the houses for sale listed in a certain city
Frequently Asked Questions (FAQ)
Is it possible to renovate a property in Bontddu?
Every single month in Bontddu, there are 2 planning applications, of which 81% result in a success. Look at this in terms of the population size of 4210 to work out if you think you’d have good planning success if you were to renovate.
On a monthly basis, how many property transactions take place in Bontddu?
3 property transactions are reported in Bontddu each month, alongside a broader picture of approximately 1.1 million property sales across the UK.
What’s the annual population shift in a city such as Bontddu?
To work out how the population of Bontddu has changed over time, you can look at the population change over a decade which is 3% and the change in a five year period two which falls at 2%. Compare the two and look at the population growth or decline in recent times to really make sure you have a good understanding of the population
prices for houses on sale in the broader vicinity of Bontddu?
The average cost per square foot for a house in Bontddu is presently £0.
Does opting for a house for sale in Bontddu come with a hefty price tag?
To work out if you are looking at an expensive property, find a house for sale and compare it to the average prices sell for. In Bontddu this number is £177,642 and in the average for the UK is £286,500. Also, make sure you don’t miss a crucial step by following our tutorial when buying a house