Whenever looking for a house for sale in the UK or in Pentlepoir, it is vital you look at the market trends and house price fluctuations in the wider area of Pembrokeshire 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 Pentlepoir.
In this article, we will be looking at the city of Pentlepoir in detail so you know how to navigate the area and have a better understanding on where to invest.
Are there any important statistics about the population of Pentlepoir?
In Pentlepoir, what is the social grade score?
In the city of Pentlepoir, the social grade score of the area is 21%. 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 Pentlepoir.
| 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 Pentlepoir, how has the population changed?
Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Pentlepoir if 3,707 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 Pentlepoir such as rental yield or house appreciation.
How has the population size of Pentlepoir adjusted in the last 5 years?
In the previous five years there has been a change in the number of people of Pentlepoir by 3%. 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 3% 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 Pentlepoir?
In the last decade, the population of Pentlepoir has been adjusted by 4%. 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 Pentlepoir, how educated are people in general?
In the city of Pentlepoir, 27% 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 Pentlepoir is £37,000.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
In Pentlepoir, what is the crime rate?
For every one thousand people living in Pentlepoir, 75 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 75 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 people of Pentlepoir deprived?
Deprivation levels refer to the ability of the population of the city to earn enough to keep their lifestyle going. Nationwide, it is thought that the number of people at this level or not being able to meet the costs of living is around 33%. In comparison, the deprivation level of Pentlepoir is 24%.
In the city of Pentlepoir, 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 Pembrokeshire for example.
These demographics for Pentlepoir 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 Pentlepoir in Wales.
Is there sufficient green space in Pentlepoir?
Whether you view green space in Pentlepoir 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 Pentlepoir, the number of acres of green space for every 1000 people currently is 20.0 which can be measured against the UK average of 1.7.
How much are those living in Pentlepoir earning?
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 £37,000.
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 Pentlepoir this figure is 21%.
What’s the rental yield in general for the city of Pentlepoir?
In Pentlepoir, how has the number of houses changed?
Whenever you are thinking about looking for houses for sale in Pentlepoir, 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 | |
|---|---|---|---|
| Pentlepoir growth rate | 16% | 54% | 45% |
As the population of Pentlepoir 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.
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 Pentlepoir.
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 (Pembrokeshire) as well as the broader region; Wales.
| Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
|---|---|---|---|---|
| Pentlepoir | no relevant data for this city | no relevant data for this city | no relevant data for this city | 7.0% |
| Pembrokeshire | no relevant data for this city | no relevant data for this city | no relevant data for this city | 11.92% |
| 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 Pentlepoir which is 3 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 Pentlepoir is to invest in. Both in terms of rental yield and capital appreciation.
What are the asking prices for the houses for sale in the city of Pentlepoir?
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 Pentlepoir 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 £352,149.
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 Pentlepoir.
The average asking price for the houses for sale in the city of Pentlepoir
| Average asking price (1 bed) | no relevant data for this city |
| Average asking price (2 bed) | £253,650 |
| Average asking price (3 bed) | £345,441 |
| 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 Pentlepoir has a lack of supply of housing in certain categories.
What is the final sale price of a house in Pentlepoir?
In Pentlepoir, the average sale price of a house for sale is in fact £251,066. This is dependent on the 10 year population growth of Pentlepoir being 4%. Growing populations are more likely to inflate the prices of houses for sale in the city of Pentlepoir.
| Housing category | Total final sale price |
|---|---|
| Aerage sold price (detached) | £307,679 |
| Aerage sold price (semi-detached) | £192,350 |
| Aerage sold price (terraced) | £224,668 |
| Aerage sold price (flat) | £166,129 |
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 Pentlepoir.
| Housing category | Sale price per square foot |
|---|---|
| Aerage sold price/sqft | £2,470 |
| Aerage sold price/sqft (new build) | £2,320 |
| Aerage sold price/sqft (old stock) | £2,370 |
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 £2,470. This means if you are just looking out the houses sold in Pentlepoir in general and didn’t take into consideration the type of build. For example, a new build.
Advice from experts on properties for sale in Pentlepoir
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
A house for sale appropriate to your needs
What parameters impact the final price of a house for sale in Pentlepoir?
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 Pentlepoir.
Reading these analysis will help you evaluate the different houses for sale currently listed in Wales:
- Caersws in Wales
- Abertridwr in Wales
- Bont-Dolgadfan in Wales
- Aberdesach in Wales
- Llandudno 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.
Recent Comments