As a landlord, whenever you are looking at houses for sale in Edinburgh, you could find varying prices throughout an area like Barnton. In this article, this data will be simplified so you can find all of the data on one, convenient page.
So, from the rental yield of Barnton to the success you may expect to get when submitting planning permission. Everything you need to know about house for sale in the UK and in Barnton will be revealed. Keep reading.
houses for sale in other cities and regions in the UK
We have prepared a list of cities that are entirely dissimilar to the region of Scotland, perfect if you are looking for somewhere similar to Barnton but want to relocate to a different region entirely. You should then be able to evaluate the different houses for sale listed in the region:
- Crabtree in Scotland
- Cowden in Scotland
- Bradway in Scotland
- Bristol in Scotland
- Milngavie in Scotland
Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.
What are the asking prices for the houses for sale in the city of Barnton?
Average price of houses for sale in Barnton
| Average asking price (1 bed) | £215,667 |
| Average asking price (2 bed) | £269,761 |
| Average asking price (3 bed) | £380,832 |
| Average asking price (4 bed) | £630,642 |
| Average asking price (5 bed) | £893,333 |
The tables should give you a generic view of what the prices of the houses for sale are like. To close things off, the average asking price for the house for sale in the whole of Barnton is £3,170. This should show you the general prices overall and for individual types of houses too.
When investors make offers for houses for sale in Barnton, the average price asked by the homeowners works out to be £347,777.
In the table below, for all the different sizes of houses in the area, the average asking prices have been displayed. This tells you what kind of house is more or less expensive and sought after despite houses with fewer bedrooms being overall less expensive anyway.
Any house that looks like it is overpriced for the number of bedrooms it has in Barnton is typically not overpriced. It is just the case that that type of housing has a higher demand, therefore, people are willing to pay more.
Invest in houses for sale in Barnton with the right professional advice
Who should you talk to while going through the process of making an offer on a house for sale?
Several experts specialise in giving advice to property investors or to first time potential buyers.
Since the process of finding the right house for sale can take months, you have all the time to consult with the experts you might need.
Find here a list of those you should contact to get professional guidance and assistance when purchasing a house for sale:
- Lender – This practitioner can lend you money to finalise a house purchase
- Insurer – Insuring companies will provide you with the insurance policy you need to protect the house for sale you want to buy
- Legal representative – This professional is usually there to handle all the legal tasks associated with purchasing a home for sale.
- Surveyor – Carries out and independent valuation on the house for sale based on its conditions. It is very useful to understand the correct price before making an offer
- Mortgage specialist – Mortgage advisors works on commissions. They will get a cut from the bank and will guide you with offering the best deals given your financial situation
- Energy assessor – We strongly suggest you to invest in a professional assessment of the Energy Performance of the house for sale you want to purchase
Always consider average rental yield when searching for houses for sale in Barnton
What is the growth in the housing market of Barnton?
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 Barnton that shows the growth in recent years.
| 1 year | 3 years | 5 years | |
|---|---|---|---|
| Barnton growth rate | 12% | 11% | 44% |
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 Barnton is important.
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 Barnton.
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 (Edinburgh) as well as the broader region; Scotland.
| Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
|---|---|---|---|---|
| Barnton | 4.9% | £1,432 | 140% | 47.0% |
| Edinburgh | 4.90% | £1,432 | 140.00% | 47.00% |
| Scotland | 5.48% | £871 | 125.36% | 59.40% |
Also, you can compare other data to the table above such as the number of houses sold per month in Barnton which is 79 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 Barnton is to invest in. Both in terms of rental yield and capital appreciation.
What is the final sale price of a house in Barnton?
In Barnton, the average sale price of a house for sale is in fact £288,103. This is dependent on the 10 year population growth of Barnton being 12%. Growing populations are more likely to inflate the prices of houses for sale in the city of Barnton.
| Housing category | Total final sale price |
|---|---|
| Aerage sold price (detached) | £575,886 |
| Aerage sold price (semi-detached) | £339,446 |
| Aerage sold price (terraced) | £310,478 |
| Aerage sold price (flat) | £233,056 |
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 Barnton.
| Housing category | Sale price per square foot |
|---|---|
| Aerage sold price/sqft | £3,200 |
| Aerage sold price/sqft (new build) | £3,120 |
| Aerage sold price/sqft (old stock) | £3,170 |
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 £3,190. This means if you are just looking out the houses sold in Barnton in general and didn’t take into consideration the type of build. For example, a new build.
What kind of demographics does the city of Barnton have?
Barnton within Edinburgh is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Barnton will be looked at by comparing it to the local region, as well as comparing it to the wider region too (Scotland). 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 Barnton.
How much do people in Barnton earn?
While not always the case, the amount people earn can be associated with better schools in the area and perhaps a nicer environment to live in.
no relevant data for this city is the average household income of the area. And the higher this figure is the more likely it is that there is a higher percentage of people with a social grade score in the A or B categories which is no relevant data for this city for Barnton.
What’s the crime rate in Barnton?
For the city of Barnton, crime rate is at no relevant data for this city. So for every 1000 people in the area, no relevant data for this city 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.
How deprived is the population of Barnton?
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Barnton, currently, no relevant data for this city people fall into this category.
Measuring this statistic against the nationwide average of 33% should give you a pretty good idea of where the city lies in the scale of poverty in the area.
Have the people of Barnton grown in numbers?
The city of Barnton has a total population of 53,634. Large population sizes can be good to show there is a high demand for people to buy houses in the area but a better indication is if the population of Barnton is growing.
A small population city can also have high prices of houses for sale, because, if there is a growing population, and demand is still high, this could mean the house prices are pushed up.
Either way, a population must also be looked at in terms of the appreciation of the area as well as the rental yields and if the area really meets your needs.
The five year population change of Barnton
Over time, in the last five years, the population of the city of Barnton has changed by 6%. This figure can tell you a lot because a growing population indicates a house is likely to appreciate. Read more here
In addition, looking at the 10 year figure for population growth in the below paragraphs can give you further evidence as to what the change in population has been for a longer period of time. As a result, you’ll know if this 6% population change is something that has been there for a while or if it is a new trend. Click here to know more on the UK population trends.
What is the difference in population over the last 10 years in Barnton?
In the last 10 years, there has been a shift in the population of 12%.
Comparing this to the 5 year figure of Barnton can tell you if there is a long history of population growth or decline, if there are population fluctuations or if the trend is stable.
New industries opening up in the area, the addition of new jobs and also international and national migration might all be reasons for changes in population size. Resulting in people moving in or leaving an area.
A good example of a quick change in population was in Stratford, London in 2012. Here, there was an increase in government spending in the area because of the Olympics which resulted in massive population growth.
What is the city of Barnton’s social grade score?
In the city of Barnton and throughout the UK, the social grade score is assessed by observing what type of jobs people have and then grouping this into a grading system.
In general, the people at the top of the scale (the A category) have the highest paid, most skilled jobs and this is just 4% of the general UK population. On the lower end of the scale, people who are on benefits, state pensions and also manual workers all are grouped into this category that represents the most unskilled.
When trying to determine if the area of Barnton has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is no relevant data for this city.
Below, you can see how this compares to the National average as the average for the top two categories nationwide is 27% (Adding together the A and B categories)
| 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 |
How much green space is available to residents of Barnton?
Whether you view green space in Barnton 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 Barnton, the number of acres of green space for every 1000 people currently is 20.5 which can be measured against the UK average of 1.7.
Is the education level of Barnton important when buying a house?
In the city of Barnton, no relevant data for this city 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 Barnton is no relevant data for this city.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
Finding the ideal house for sale for you
When browsing houses for sale in Barnton you should think about lots of different criteria:
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House for sale affordability – visit the dedicated page of the UK government to understand (see what you can afford)
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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.
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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.
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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
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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.
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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
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Does the house for sale have parking – if yes, is it on-street or is the house for sale equipped with a garage?
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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.
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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.
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