How much does a house for sale cost in Capel Betws Lleucu?

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 Capel Betws Lleucu?

Capel Betws Lleucu 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 Ceredigion.
Before looking for a house for sale in the city of Capel Betws Lleucu 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 Capel Betws Lleucu.

What kind of demographics does the city of Capel Betws Lleucu have?

The city of Capel Betws Lleucu, situated in Ceredigion, is a particularly impressive part of the UK because of the specific demographics of the location.

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

What is a social grade score and how does this relate to Capel Betws Lleucu?

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 Capel Betws Lleucu 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 Capel Betws Lleucu, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 16%.

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

In Capel Betws Lleucu, what is the crime rate?

For every one thousand people living in Capel Betws Lleucu, 51 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 51 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 Capel Betws Lleucu?

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Capel Betws Lleucu, currently, 26% 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.

How much are those living in Capel Betws Lleucu earning?

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.

£41,700 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 16% for Capel Betws Lleucu.

What is the population of Capel Betws Lleucu?

In total, the number of people in Capel Betws Lleucu is 4,400. 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 Capel Betws Lleucu, depending on where exactly you are.

How has Capel Betws Lleucu 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 Capel Betws Lleucu has changed by -2%. 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 -2% 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 Capel Betws Lleucu?

-3% 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 Capel Betws Lleucu 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.

Is the education level of Capel Betws Lleucu important when buying a house?

In Capel Betws Lleucu, the proportion of people who have a degree is 27%. 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 Capel Betws Lleucu is £41,700.

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.

In the city of Capel Betws Lleucu, how much green space remains for residents?

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 Capel Betws Lleucu, the city has 11.2 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 Capel Betws Lleucu.

In general, what do houses for sale sell for in Capel Betws Lleucu?

In Capel Betws Lleucu, the average sale price of a house for sale is in fact £187,466. This is dependent on the 10 year population growth of Capel Betws Lleucu being -3%. Growing populations are more likely to inflate the prices of houses for sale in the city of Capel Betws Lleucu.

Housing category Total final sale price
Aerage sold price (detached) £219,735
Aerage sold price (semi-detached) £141,148
Aerage sold price (terraced) £107,461
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 Capel Betws Lleucu.

Housing category Sale price per square foot
Aerage sold price/sqft £1,670
Aerage sold price/sqft (new build) £0
Aerage sold price/sqft (old stock) £1,600

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 £1,670. This means if you are just looking out the houses sold in Capel Betws Lleucu in general and didn’t take into consideration the type of build. For example, a new build.

What are the asking prices for the houses for sale in the city of Capel Betws Lleucu?

Average asking prices for houses for sale in Capel Betws Lleucu

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 Capel Betws Lleucu has a lack of supply of housing in certain categories.

When speaking about the city of Capel Betws Lleucu, £294,509 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 would be after a larger house than someone living alone in Capel Betws Lleucu.

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 Capel Betws Lleucu, what are the rental yields?

The figure of rental yield is commonly looked at by investors who wish to increase their income by investing in areas where rental yields of the houses for sale are higher. Usually, the higher the rental yield, the more attractive a house for sale is for an investor.

Nonetheless, there are also instances where an investor will go with a house with lower yields in order to benefit from the appreciation of a house too which is why it’s vital to look in to all the details of Capel Betws Lleucu.

The data below shows the rental yield, rent turnover and the percentage of the money made on the sale of a house. The data is broken down into the county city is in (Ceredigion) as well as the broader region; Wales.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Capel Betws Lleucu no relevant data for this city no relevant data for this city no relevant data for this city 6.0%
Ceredigion 3.30% £736 140.00% 10.80%
Wales 4.28% £861 133.18% 14.84%

Also, you can compare other data to the table above such as the number of houses sold per month in Capel Betws Lleucu which is 2 and get a better understanding of the housing market.

This is great if you want to gauge if investors are actively looking for houses for sale in the area over other areas in the UK which may be an induction of how profitable Capel Betws Lleucu is to invest in. Both in terms of rental yield and capital appreciation.

Are there more or fewer houses being built in Capel Betws Lleucu?

The growth of an area like Capel Betws Lleucu can be a great indicator of a thriving city and the influx of new people can drive demand for housing and help appreciate the value of your house after you buy it.

Paying attention to the table below tells you how the number of houses has changed over time at one year, three year and five year intervals.

1 year 3 years 5 years
Capel Betws Lleucu growth rate 27% 44% 67%

Despite the number of houses being built rising, this may not indicate that the housing price of the houses for sale is going up. It could be the case that there are a lot of new builds in the area which are causing the supply of the houses for sale to match demand and this could cause a decline in house price as time goes on.

Make sure you do your own research specific to the city of Capel Betws Lleucu if you want to find out the exact reasons for the housing change.