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Apartments and houses for sale in Deeside

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Deeside insights

AspectSummary
Population20,000
Average Property Price£250,000
Rental Yield5.5%
Average Rent£1,200
Occupancy Rate93%
Capital Growth Rate4% per annum
Property Tax1.2% of property value
Transaction Costs5% of property price
Expected ROI10% per annum
Economic Growth ImpactModerate growth expected, positively impacting the property market

Deeside FAQ

  • What factors influence real estate prices in Deeside?

    Real estate prices in Deeside are influenced by various factors, including location, amenities, and economic conditions. Proximity to major transport links, such as the A55 dual carriageway and the nearby Deeside Industrial Park, significantly impacts property values, as easier commutes to cities like Chester and Liverpool make the area attractive to both residents and businesses. The presence of local schools, healthcare facilities, and shopping centers also plays a crucial role; for instance, areas near good-rated schools elicit higher demand among families. Furthermore, the type of housing stock influences prices, with modern developments and detached properties often fetching higher prices compared to older terraced homes. Economic considerations, including employment rates and general market trends in the wider North Wales region, further shape the real estate landscape. Fluctuations in interest rates can affect buyers' purchasing power, impacting overall demand in the market.

  • How have real estate prices in Deeside changed over the past year?

    Over the past year, real estate prices in Deeside have experienced notable fluctuations, largely influenced by economic conditions and regional demand. According to recent data, the average property price in Deeside has increased by approximately 7% since last year, rising from around £210,000 to about £225,000. This rise is partly attributed to a renewed interest in suburban living, with many buyers seeking more space and affordability compared to urban areas. For instance, semi-detached homes in established neighborhoods like Shotton have seen significant price jumps, with some listings exceeding £250,000. Meanwhile, flats and apartments, particularly in the Hawarden area, have remained more stable, with prices hovering around £150,000 to £170,000. The local housing market has also been impacted by improvements in transportation links and new developments catering to families and first-time buyers.

  • What is the average price of homes in Deeside?

    The average price of homes in Deeside varies significantly depending on the specific area and type of property. As of late 2023, typical prices range from around £150,000 for a two-bedroom terraced house to approximately £300,000 for larger family homes such as four-bedroom detached properties. For instance, homes in established neighborhoods like Shotton may hover around the lower end of this spectrum, while more sought-after areas like Hawarden can see prices rise significantly, often exceeding £400,000. Additionally, new developments and modern apartments in places like Deeside Business Park can command premium rates, reflecting the area's proximity to amenities and transport links. Overall, the local real estate market remains diverse, catering to a range of buyers.

  • Are property prices in Deeside higher or lower than in nearby areas?

    Property prices in Deeside tend to be lower compared to some nearby areas, such as Chester and Mold, where the demand often drives prices higher. For example, the average property price in Chester can exceed £300,000, particularly in desirable neighborhoods, while Mold also sees prices averaging around £250,000. In contrast, Deeside offers more affordable options, with average property prices around £200,000, making it appealing for first-time buyers and those looking for better value. In addition, areas like Hawarden and Shotton, which are in close proximity, often have property prices that are slightly elevated due to their appeal and amenities, further emphasizing Deeside's relatively lower pricing structure.

  • What types of properties are most common in Deeside and their price ranges?

    Deeside features a diverse range of properties, predominantly consisting of semi-detached houses and bungalows, with many built during the mid-20th century. Prices for these homes can vary significantly, typically ranging from around £150,000 for a two-bedroom semi to upwards of £300,000 for larger three or four-bedroom family homes. Terraced houses can be found in the lower price brackets, often starting around £120,000. For those seeking newer developments, modern housing estates offer properties that usually cost between £250,000 and £400,000. Additionally, there are a few estate-style properties, which can surpass £500,000, depending on the size and location. The rental market also reflects a similar diversity, with average rents for two-bedroom apartments hovering around £700 per month.

  • How do local amenities affect real estate prices in Deeside?

    Local amenities have a significant impact on real estate prices in Deeside, as they directly influence demand and desirability among potential buyers. Proximity to schools, for instance, can lead to higher property values, especially for families looking to settle in the area. The availability of parks and recreational facilities, such as the nearby Deeside Leisure Centre, also contributes positively by enhancing the quality of life, making properties in the vicinity more attractive. Additionally, transport links—like access to the A550 and local rail services—can increase prices as they provide convenient commuting options for residents working in nearby cities like Chester or Liverpool. Retail amenities, including supermarkets and shopping centers, play a vital role too, with homes closer to these conveniences typically commanding higher prices. In Deeside, the balance of these amenities creates a dynamic real estate market responsive to changes in local infrastructure and community facilities.

  • Is Deeside considered a good investment for real estate compared to other locations?

    Deeside, located in North Wales, has been attracting attention in the real estate market due to its strategic position near major transport links and cities like Chester and Liverpool. The area benefits from significant infrastructure developments, such as the ongoing enhancements to the A494 and A55 roads, which improve accessibility for commuters. Additionally, the presence of industries such as manufacturing and technology in the surrounding area provides a stable job market, appealing to potential buyers. Property prices in Deeside tend to be more affordable compared to nearby cities, offering opportunities for investors looking for rental properties. For example, the nearby town of Chester has seen higher property prices, which can prompt buyers to consider Deeside as a more budget-friendly alternative. Furthermore, with projects like the Northern Gateway development underway, the region's potential for growth and increased property values is noteworthy, particularly as demand for housing continues to rise in well-connected areas.