Capel Garmon can be a tough place to find accurate information like any city in the UK. Read on to learn about which data to stay on top of when looking at house for sale in Capel Garmon.
On top of this, keep reading for detailed information on the demographics of Capel Garmon in Conwy. This is crucial in finding out if the area is worth for looking at houses for sale in the UK for an investment over the long term too.
In general, for the city of Capel Garmon, what are the final purchase prices for the houses for sale?
For the city of Capel Garmon, the average price a house sells for is £172,266. This value usually depends on the exact location of the house within Capel Garmon as well as other factors like the population growth in Capel Garmon which is 3% over a ten-year period.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£261,070|
|Aerage sold price (semi-detached)||£150,544|
|Aerage sold price (terraced)||£128,677|
|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 Capel Garmon.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£1,810|
|Aerage sold price/sqft (new build)||£1,640|
|Aerage sold price/sqft (old stock)||£1,730|
Generalising the bottom table, the average value per square foot of a house for sale is £1,810. This value averages all of the types of houses for sale in Capel Garmon. 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 Capel Garmon.
How are rental yields of the houses for sale different to the rest of the UK in Capel Garmon?
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 Capel Garmon, 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 Conwy, to give a smaller scale area to compare the data to.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Capel Garmon||no relevant data for this city||no relevant data for this city||no relevant data for this city||5.0%|
Assuming that in the future you want to re-sell the house you will eventually purchased in Capel Garmon you might be interested in the number of sales per month (2) that happen in the local housing market. Comparing this figure for Capel Garmon with the above table gives you a good understanding of the profitability of the area.
What is the growth in the housing market of Capel Garmon?
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 Capel Garmon that shows the growth in recent years.
|1 year||3 years||5 years|
|Capel Garmon growth rate||1%||16%||18%|
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 Capel Garmon is important.
What are the demographics like in the city of Capel Garmon?
How much green space is available to residents of Capel Garmon?
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 Capel Garmon currently has 13.0 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 Capel Garmon in this case.
Have the people of Capel Garmon grown in numbers?
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 Capel Garmon is 4,450.
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 Capel Garmon.
In Capel Garmon, how has the population changed over the last five years?
In the last five years, over time, the change in population size was 2%. 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 Capel Garmon 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 (2%) 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.
Capel Garmon population difference over 10 years?
The population has adjusted in the area of Capel Garmon by 3% 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 Capel Garmon.
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.
What is the city of Capel Garmon’s social grade score?
In the city of Capel Garmon, the social grade score of the area is 17%. 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 Capel Garmon.
|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 general, do people commit a lot of crime in Capel Garmon?
The crime rate of Capel Garmon 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 61, 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 (61) is both useful and is recommended to be compared to the average.
How deprived is the population of Capel Garmon?
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 Capel Garmon, in particular, the deprivation levels are 27%.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
Capel Garmon within Conwy is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Capel Garmon will be looked at by comparing it to the local region, as well as comparing it to the wider region too (Wales). From what the population of the city is to how it’s growing as well as factors like the overall crime rate.
This data is impacted by the history of the area and what kind of industry there is around. All of which also impact house prices which is crucial for you to understand as you look at houses for sale in Capel Garmon.
For the city of Capel Garmon, what is the education level?
In Capel Garmon, the proportion of people who have a degree is 23%. 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 Garmon is £32,000.
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 salary does the community in Capel Garmon take home?
Typically, as people earn more money, the more they are able to afford and the better house prices in the area because demand goes up. You could also infer that the amenities such as schools, parks and public areas are generally of high quality as a result.
For these reasons, it could be argued that areas where people earn more money are generally nicer arrears to live in which also attracts more people as a result and further drives up house prices in the area.
To see if this phenomenon occurs in Capel Garmon. Compare the area’s average household income of £32,000 to the average household income in the UK at price34,000. Adding to this, compare it with the figure for the highest social grade score too at 17% for more conclusive data on the affluence of the area.
What are the asking prices for the houses for sale in the city of Capel Garmon?
Table showing the asking prices for houses for sale in Capel Garmon
|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|
Reading the table above should therefore give you a good idea of the type of house for sale that is within your budget in Capel Garmon and if you may need to look at a different area in order to buy the type of house you can afford.
Also, noting the £0 should also give you an overview of what the asking price for houses for sale are in general.
On average, in Capel Garmon, the asking price for a house for sale in the area is £196,810.
The below table puts this figure into perspective as you can see the various average sale prices of the different type of houses for sale in Capel Garmon. From a 1 bedroom house up to a 5 bedroom house.
As you can imagine, as the price goes up, the size of a room also goes up and in general, the larger a house is, the more you can expect the sale price to be as well.
Who can help you buy a house for sale in Capel Garmon?
Finding the ideal house for sale for you
What parameters impact the final price of a house for sale in Capel Garmon?
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.
Thinking about other cities with houses for sale?
Below are a list of towns with a similar location to Capel Garmon.
Reading these analysis will help you evaluate the different houses for sale currently listed in Wales:
- Bwlch-Y-Sarnau in Wales
- Dolgarrog in Wales
- Blaenwaun in Wales
- Brynmill in Wales
- Blaengwrach 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.
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