Cefn Hengoed 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 Caerphilly.
Before looking for a house for sale in the city of Cefn Hengoed 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 Cefn Hengoed.
In Cefn Hengoed, what is the asking price in general for a house for sale?
Average asking prices for houses for sale in Cefn Hengoed
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£156,961|
|Average asking price (3 bed)||£195,173|
|Average asking price (4 bed)||£329,892|
|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 in terms of the house asking price, the average asking price for the house for sale in the whole of Cefn Hengoed is £0. This should show you the general prices overall and for individual types of houses too.
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 Cefn Hengoed 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 £208,665.
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 Cefn Hengoed.
In general, for the city of Cefn Hengoed, what are the final purchase prices for the houses for sale?
For the city of Cefn Hengoed, the average price a house sells for is £153,064. This value usually depends on the exact location of the house within Cefn Hengoed as well as other factors like the population growth in Cefn Hengoed which is 2% over a ten-year period.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£223,845|
|Aerage sold price (semi-detached)||£141,767|
|Aerage sold price (terraced)||£121,304|
|Aerage sold price (flat)||£78,639|
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 Cefn Hengoed.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£1,690|
|Aerage sold price/sqft (new build)||£1,840|
|Aerage sold price/sqft (old stock)||£1,600|
Generalising the bottom table, the average value per square foot of a house for sale is £1,690. This value averages all of the types of houses for sale in Cefn Hengoed. 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 Cefn Hengoed.
How are rental yields of the houses for sale different to the rest of the UK in Cefn Hengoed?
What is the growth in the housing market of Cefn Hengoed?
Whenever you are thinking about looking for houses for sale in Cefn Hengoed, think about how the city is growing and how this may impact the overall growth of the area.
Comparing the growth at different time periods would be a great way to assess whether the growth has slowed down, remained the same or perhaps stagnated over the years.
|1 year||3 years||5 years|
|Cefn Hengoed growth rate||4%||23%||22%|
As the population of Cefn Hengoed grows, this may also push up the price of the houses for sale. More people would be looking to buy homes and permanently live in the area. This demand helps a home appreciate. However, this isn’t always true because some cities build a lot of houses too to match the supply.
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 Cefn Hengoed this statistic is what you were looking for.
Data should also be compared to the broader region of the UK (Wales) alongside Caerphilly 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 Cefn Hengoed.
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)|
|Cefn Hengoed||no relevant data for this city||no relevant data for this city||no relevant data for this city||16.0%|
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 Cefn Hengoed.
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 (15) will be useful.
Are there any important statistics about the population of Cefn Hengoed?
For the city of Cefn Hengoed, what is the education level?
In the city of Cefn Hengoed, 21% people have a degree from a university. The higher this proportion is, in general, the more likely it is that the population is able to buy a house.
Interestingly, as people who have degrees go up, the average income of the area goes up too. You can see if there is a correlation, the average household income in the UK is price34,000 and the average income in Cefn Hengoed is £34,100.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
Are the people in Cefn Hengoed earning a lot?
By and large, a higher household income in a population can have positive effects on the crime rate and the quality of space. This is due to the fact that higher earners tend to buy houses where there are better schools and more desirable amenities that impact the quality of life someone has.
In Cefn Hengoed, the average income is £34,100. Measuring this figure against the average household income for the UK of price34,000 should tell you if the city is higher or lower earning.
When buying a house, use this statistic with other factors when making a decision too like the crime rate or the social grade score of 17% to decide on what the demographics are like in the area.
In Cefn Hengoed, what is the crime rate?
For the city of Cefn Hengoed, crime rate is at 89. So for every 1000 people in the area, 89 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.
In Cefn Hengoed, what is the social grade score?
The social grade score is a good indicator of what type of jobs people generally work in the area. Whether that be working in the primary sector, secondary sector, tertiary sector or maybe the quaternary sector of jobs.
The scale is slightly different to this though on a scale of A to E. A refers to people who are in the most skilled, managerial roles whereas E include people such as casual workers.
In Cefn Hengoed, the percentage of people in the two highest categories, A and B is 17%. This figure includes people who are therefore most likely to be more skilled and have higher paid jobs.
When contrasting these figures, the average household income for the area is £34,100. This income will generally get bigger as the percentage of people in the A and B categories go up too (17%).
Located in Caerphilly is the city of Cefn Hengoed, 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 Cefn Hengoed 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 Cefn Hengoed 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.
What is the population of Cefn Hengoed?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Cefn Hengoed if 20,162 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 Cefn Hengoed such as rental yield or house appreciation.
How has the population size of Cefn Hengoed adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Cefn Hengoed by 1%. 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 1% 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 Cefn Hengoed?
In the last decade, the population of Cefn Hengoed has been adjusted by 2%. 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.
In the city of Cefn Hengoed, is there a lot of green space?
Whether you view green space in Cefn Hengoed as important to you as a homeowner is up to your personal preferences. Having said this, there is a clear benefit on the overall health of people who live near green space as the government has stated keeping green space in proximity to people is one of the biggest factors for combating obesity.
In Cefn Hengoed, the number of acres of green space for every 1000 people currently is 22.0 which can be measured against the UK average of 1.7.
Are the people of Cefn Hengoed deprived?
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 34% for Cefn Hengoed should give you a nice idea of the deprivation in the area.
Advice from experts on properties for sale in Cefn Hengoed
House for sale in the same UK region
See here below a list of cities in the same UK region of Cefn Hengoed which is Wales. You might want to consider these as alternatives for your next real estate investment:
- Adfa in Wales
- Angle in Wales
- Amlwch in Wales
- Abercastle in Wales
- Blaenwaun in Wales
Or, visit our dedicated page on the houses for sale data for the whole of the UK – houses for sale in the UK.
Finding the ideal house for sale for you
When browsing houses for sale in Cefn Hengoed 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 – 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
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.
Nowadays, there are so many properties on the real estate market that it can be difficult to decide which one is the best house for sale for you.
So, who can help you navigate the process of choosing a house for sale?
The number of professionals that offer real estate investors advice and assistance is broad and when it comes to dealing with houses for sale, the process can be complex.
Find here a list of those that can help when buying a house for sale:
- Moneylender – lends you the sum of money you need to buy the house for sale you are looking for
- Insurance agent – A firm that provides several insurances and protections for the house for sale that might become your future house
- Solicitor – A person or company that will sort out the legal work needed before buying a house for sale
- Civil engineer – Also called surveyor, he or she will provide you with an independent valuation of the house for sale you are willing to buy
- Mortgage advisor – Realistically, you will need a mortgage in order to afford to buy a house for sale. Mortgage advisors will guide you and propose the best mortgage deals based on your financial records
- EPC specialist – Especially nowadays, getting professional advice on the Energy Performance Certificate (EPC) of the house for sale you are considering buying is crucial