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How much does a house for sale cost in Cadoxton?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in Wales $ How much does a house for sale cost in Cadoxton?

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Whenever looking for a house for sale in the UK or in Cadoxton, it is vital you look at the market trends and house price fluctuations in the wider area of Glamorgan 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 Cadoxton.

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

Who can help you buy a house for sale in Cadoxton?

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

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

There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Cadoxton. In Cadoxton, this sale price works out to be £152,688. As an example, a factor like population growth over the last 10 years which works out to be 7% in Cadoxton and impacts house prices of the houses for sale.

Housing category Total final sale price
Average sold price (detached) £257,195
Average sold price (semi-detached) £162,046
Average sold price (terraced) £134,034
Average sold price (flat) £113,677

Above, the exact type of house is also shown to vary in price in a table in Cadoxton. 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 £1,690
Average sold price/sqft (new build) £2,070
Average sold price/sqft (old stock) £1,580

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 Cadoxton which is £1,690. 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 is the asking price on average of houses for sale in Cadoxton?

As you go ahead and make offers on a house for sale, it is sometimes best to know what other people are offering for the same type of house for sale so you know what to offer yourself to get a good deal. So you should know, the average asking price of Cadoxton is £210,424.

Even though the asking price is not what the eventual price the house is sold at, making a note of the averages for the city of Cadoxton is useful when negotiating and knowing what to expect for every type of house for sale.

Average prices for the houses for sale in Cadoxton

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £176,792
Average asking price (3 bed) £217,888
Average asking price (4 bed) £359,225
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 Cadoxton is £0. This should show you the general prices overall and for individual types of houses too.

Are you considering other cities with houses for sale?

If you are looking for similar places to buy a house that are just like Cadoxton, examine this short list of cities below from outside of the region of Wales for some inspiration.

If none of these suit your interest, we suggest you visit our page with all of the relevant data concerning houses for sale in the UK, allowing you to buy the right property.

Or, consider buying a leasehold property instead which may be cheaper. However, you will also have to learn what will happen when a leasehold expires so you know how to deal with this side of the law.

What are the demographics like in the city of Cadoxton?

In Cadoxton, how has the population changed?

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 Cadoxton is 21733.

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 Cadoxton.

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

In the last five years, over time, the change in population size was 6%. 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 Cadoxton 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 (6%) 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.

Cadoxton population difference over 10 years?

The population has adjusted in the area of Cadoxton by 7% 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 Cadoxton.

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.

Are the deprivation levels of the UK any different to Cadoxton?

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 Cadoxton, 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.

In the city of Cadoxton, 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 Glamorgan for example.

These demographics for Cadoxton 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 Cadoxton in Wales.

Are the people in Cadoxton earning a lot?

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 £33,800.00.

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 Cadoxton this figure is 11%.

Is the crime rate bad in the city of Cadoxton?

In Cadoxton, for every 1000 people, there is currently a crime rate of 14500%. 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 (14500% 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.

In Cadoxton, how educated are people in general?

Interestingly, the percentage of people who have a degree in the city of Cadoxton is 17%. Most of the time, the more people that have a degree, the higher the average household income and the more likely someone is to be able to afford to purchase a house. For example, the average income of the citizens in the area of Cadoxton is £33,800.00.

Generally, areas with high numbers of people with a degree are also areas with more people likely to be home owners and therefore the value of houses and relative prices of the houses for sale are more likely to go up too.

Nonetheless, making predictions about the appreciation of a house also has to be considered alongside other factors like population growth and the rental yields of the area.

However, most of the time, being educated is a good indication of affluence with 82% of people graded a first in tertiary education going on to eventually own a house.

How much green space is available to residents of Cadoxton?

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 Cadoxton, the city has 9 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 Cadoxton.

What’s a social grade score and how does it relate to Cadoxton?

In the city of Cadoxton, the social grade score of the area is 11%. But what does this exactly mean? The figure refers to the proportion of people in the two highest categories of skilled jobs.

The categories are grouped from A to E shown in the table below. Overall, a high social grade score means there are more affluent people working in managerial and professional roles in the area.

This table shows the average breakdown of the UK in terms of where most people in the UK are working so you can compare it to the social grade score of Cadoxton.

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

Finding the ideal house for sale for you

When browsing houses for sale in Cadoxton 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 – it 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. Especially if you are renting the property as this will impact your business costs. Whether that be in an excluded tenancy agreement or a more common, assured shorthold tenancy.

  • 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.

Why you should consider the average rental yield when searching for houses for sale in Cadoxton

In Cadoxton, how has the number of houses changed?

Before committing to Cadoxton to make a housing investment, an investor should always ask the question, what is the growth like in the area?

So take a look below at the growth patterns of the previous years displaying the percentage of new houses being built. This will help you understand how the number of houses for sale will evolve in the future.

1 year 3 years 5 years
Cadoxton growth rate 12% 30% 34%

Whether housing growth actually changes the price of a house depends on if the city in question is outstripping demand with the supply of new housing. You’d have to do some more research on what rate Cadoxton is building housing to find your answer.

You may have heard of rental yield as being important for investors who wish to make a sizable profit on their rental properties. If this sounds like you and you’re looking to invest in a house currently for sale and collect rental income in Cadoxton this statistic is what you were looking for.

Data should also be compared to the broader region of the UK (Wales) alongside Glamorgan then looked at with other statistics like the area’s rent and the turnover of sale of the houses in question. It could be that an investor prefers to make a profit on the sale of a house rather than the rental income and optimal properties for this investment varies throughout Cadoxton.

This decision is made differently depending on the investor’s tolerance for risk, investing strategy, the location they’re investing in and their overall goal for buying a house currently listed for sale.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Cadoxton £0 £867 no relevant data for this city £0
Glamorgan 4.57% £1,036.11 139.50% 18.25%
Wales 0.04 861.19 £1 14.84%

As you observe table above, it could be valuable to contrast these figures with other pieces of data relevant to the process of buying like the crime rate or the appreciation of houses for sale in Cadoxton.

As you can tell, the best conclusions are drawn when the buyer of a house for sale looks at all the data involved holistically and doesn’t make quick decisions based on one or two pieces of data. As an example, comparing the data with the number of property sold per month (17) will be useful.

Frequently Asked Questions (FAQ)

Do properties in Cadoxton offer renovation potential?

Properties in the city of Cadoxton may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are 4 approvals every month with an approval of nan based on a population of 21733. Compare other places in the UK to make this figure make more sense.

In Cadoxton, how many property sales per month are there?

In the city of Cadoxton, there are 17 and in the total for the UK, there are around 1.1 million property sales.

What’s the year-over-year population change in Cadoxton or similar cities?

When evaluating the population trajectory of Cadoxton, explore the decade-spanning population shift of 7% and the five-year modification of population of 6%. By drawing comparisons, see if demographic changes in your chosen area is

In the larger vicinity of Cadoxton, what is the cost of houses available for sale?

The average cost per square foot for a house in Cadoxton is presently £0.

Would acquiring a house for sale in Cadoxton be regarded as a high-priced option?

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 Cadoxton this number is £152,688 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

Buying a Home? Find Top-Rated Estate Agents in Cadoxton

If you’re purchasing property in Cadoxton? The right estate agent can make all the difference in guiding you through the home buying process. We understand how stressful and time-consuming finding an agent can be so we’ve compiled a list of the highest-rated real estate agencies in the area below. Our goal is to simplify your search and take you straight to reputable agents equipped to help buy your ideal home.

Estate agent Email Contact number Address of agent
P B W Phone number only 441446361936 176 Holton Road, Barry, CF63 4HN
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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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