How much will you pay for a house for sale in Dolgarrog?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in Wales $ How much will you pay for a house for sale in Dolgarrog?

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

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

In Dolgarrog, what are the demographics like?

Is there sufficient green space in Dolgarrog?

In the city of Dolgarrog, there are 30.1 acres of green space per 1000 residents.

The charity, ‘Fields in Trusts’ recommends a minimum of 6 acres of green space per 1000 people so it is easy to see where Dolgarrog is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.

For the city of Dolgarrog, what is the education level?

Interestingly, the percentage of people who have a degree in the city of Dolgarrog is 30%. 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 Dolgarrog is £36,700.

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.

In Dolgarrog, how has the population changed?

Population growth in Dolgarrog is important to know if there is housing demand and the total population may also be looked at as large populations commonly have a lot of buyer demand.

In Dolgarrog, 6,502 people live in the city as their main place of residence.

It is important to note that it is not the case that everyone likes a large population to live in. People who tend to prefer a more relaxed life are more likely to buy or rent somewhere to live that has a small population and perhaps also wouldn’t mind if the population isn’t growing.

Other people also like to have a mix of both. Where they can visit rural areas and also benefit from the amenities of a busy city.

In Dolgarrog in the previous five years, have population numbers transformed?

Five years may seem like a long time but it is rare for a city to grow that much unless there is dramatic population growth. In Dolgarrog, this change has been 2%. Read more here

Someone who wishes to find out how this change has occurred over a longer period of time may also wish to read the headings below and see if the change has continued throughout the past decade too. Or if the change is only true for the more recent figure for five years of 2%. Click here to know more on the UK population trends.

Over the last decade, how has the population differed in Dolgarrog?

Populations change all the time but if there is a clear change in population in the last ten years this is even more reliable data about the population of the area as opposed to five. This adjustment in population works out to be 3% in Dolgarrog.

What this statistic is like in comparison to the population change in five years should provide you with a comprehensive understanding of what direction the population is heading in.

In recent years because of the pandemic, it is common to see dramatic differences in the population change in the last five years when comparing it to ten as people realise they can work from home but still keep the current jobs they have.

This means they can move to cities they wouldn’t have considered otherwise and be location-independent of their source of income. Perhaps making a longer commute into the office every week for example.

In Dolgarrog, 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 Dolgarrog, the percentage of people in the two highest categories, A and B is 23%. 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 £36,700. This income will generally get bigger as the percentage of people in the A and B categories go up too (23%).

Are the people of Dolgarrog 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 22% for Dolgarrog should give you a nice idea of the deprivation in the area.

What’s the crime rate in Dolgarrog?

In Dolgarrog, for every 1000 people, there is currently a crime rate of 78. 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 (78 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.

What salary does the community in Dolgarrog 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 Dolgarrog. Compare the area’s average household income of £36,700 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 23% for more conclusive data on the affluence of the area.

Located in Conwy is the city of Dolgarrog, 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 Dolgarrog 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 Dolgarrog 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.

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

For the city of Dolgarrog, the average price a house sells for is £210,652. This value usually depends on the exact location of the house within Dolgarrog as well as other factors like the population growth in Dolgarrog which is 3% over a ten-year period.

Housing category Total final sale price
Aerage sold price (detached) £299,022
Aerage sold price (semi-detached) £171,088
Aerage sold price (terraced) £172,876
Aerage sold price (flat) £149,594

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 Dolgarrog.

Housing category Sale price per square foot
Aerage sold price/sqft £2,310
Aerage sold price/sqft (new build) £2,240
Aerage sold price/sqft (old stock) £2,170

Generalising the bottom table, the average value per square foot of a house for sale is £2,310. This value averages all of the types of houses for sale in Dolgarrog. 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 Dolgarrog.

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

Let’s consider that you’re not looking to buy a house for sale to live in for the long term future such as if you changed location with your family and want to settle down and you want to find somewhere to buy as an investor in Dolgarrog. If this is the case, rental yield is a crucial statistic to consider.

If looking to invest, you should also consider other data about the area. The average rental income, the turnover of the sale of the house and what the net rental yields are like for the area do also have an impact on the final price of houses for sale in Dolgarrog.

It is clear to see from the table below that there is a difference between all of these pieces of information and how they can be compared and contrasted on a county level (Conwy), a regional level (Wales) and finally on the level of the city talked about in this article, Dolgarrog.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Dolgarrog no relevant data for this city no relevant data for this city no relevant data for this city 8.0%
Conwy 5.40% £942 140.00% 12.62%
Wales 4.28% £861 133.18% 14.84%

You may also find it useful to compare the data above to the number of properties sold per month Dolgarrog experiences. This figure for house sales per month is 5. Looking at all this information holistically is what a smart investor should do when deciding on the right area for investment before looking for houses for sale.

Are there more or fewer houses being built in Dolgarrog?

Before committing to Dolgarrog 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
Dolgarrog growth rate 4% 34% 26%

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 Dolgarrog is building housing to find your answer.

What are the asking prices for the houses for sale in the city of Dolgarrog?

When speaking about the city of Dolgarrog, £285,207 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 Dolgarrog.

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.

Average price of houses for sale in Dolgarrog

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £243,397
Average asking price (3 bed) £269,068
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 Dolgarrog 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.

Get professional help on the houses for sale in Dolgarrog

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 Dolgarrog

  • 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.

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

houses for sale in other cities in the UK

You can assess the various houses for sale offered in the area by consulting this list of cities in Wales, the same UK region as Dolgarrog:

You may also refer to our landing page specific to UK houses for sale, houses for sale in the UK