Bar Hill 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 Cambridgeshire.
Before looking for a house for sale in the city of Bar Hill 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 Bar Hill.
Finding the ideal house for sale for you
When browsing houses for sale in Bar Hill 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 – it 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. Especially if you are renting the property as this will impact your business costs. Whether that be in an excluded tenancy agreement or a more common, assured shorthold tenancy.
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.
In general, for the city of Bar Hill, what are the final purchase prices for the houses for sale?
As well as looking at the asking price for house for sale in Bar Hill, a sensible homeowner or investor will also consider the final price a house sells for. This final price may be influenced by elements like the amount people are earning in the area and what opportunities for employment there are in Bar Hill.
Houses for sale, are sold on average in Bar Hill, after the influence of these factors, at £551,072 as a result. And may be on the rise or decline depending on a combination of variables such as the crime rate, or population growth which was 5% over the last 10 years.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£765,466|
|Aerage sold price (semi-detached)||£519,151|
|Aerage sold price (terraced)||£659,809|
|Aerage sold price (flat)||£380,113|
This table above shows the average sale price for each variation of houses for sale in Bar Hill.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£5,150|
|Aerage sold price/sqft (new build)||£5,270|
|Aerage sold price/sqft (old stock)||£5,070|
This final table looks at the price per square foot of houses for sale. Looking at the final table, you can take a further average and conclude that the average price per square foot of houses in general in Bar Hill is £5,150.
This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.
How are rental yields of the houses for sale different to the rest of the UK in Bar Hill?
Assuming you are not looking for a house for sale in a certain area because of private reasons such as being close to a family member or you have been relocated to a new office, these are some of the factors to consider in order to understand if an investment is worth your money.
Investors typically look at data such as the average rental yield, the average asking price of rent per month, rent turnover and sale turnover. These KPIs give property investors a solid idea of how the market is performing in that area.
For the city of Bar Hill, the below table demonstrates this well. To make things simple, it compares these numbers to the wider region of the UK; East of England. As well as Cambridgeshire, to give a smaller scale area to compare the data to.
|Average Yield||Average Asking rent||Turnover (rental)||Turnover (sale)|
|Bar Hill||£0||£1,709||no relevant data for this city||£0|
|East of England||0.03||1,148.32||£1||16.58%|
Assuming that in the future you want to re-sell the house you will eventually purchased in Bar Hill you might be interested in the number of sales per month (6) that happen in the local housing market. Comparing this figure for Bar Hill with the above table gives you a good understanding of the profitability of the area.
In Bar Hill, how has the number of houses changed?
The growth of an area like Bar Hill can be a great indicator of a thriving city and the influx of new people can drive demand for housing and help appreciate the value of your house after you buy it.
Paying attention to the table below tells you how the number of houses has changed over time at one year, three year and five year intervals.
|1 year||3 years||5 years|
|Bar Hill growth rate||8%||24%||7%|
Despite the number of houses being built rising, this may not indicate that the housing price of the houses for sale is going up. It could be the case that there are a lot of new builds in the area which are causing the supply of the houses for sale to match demand and this could cause a decline in house price as time goes on.
Make sure you do your own research specific to the city of Bar Hill if you want to find out the exact reasons for the housing change.
Get professional help on the houses for sale in Bar Hill
In today’s market with an abundance of homes available for sale, choosing the best house for sale can be challenging.
With several houses for sale to choose from, who will guide you through the process of choosing?
We have listed here below several experts and companies able to advise and support potential buyers.
The process of finding and investing in a house for sale can be lengthy and time-consuming, this is why we suggest you consult with the following professionals:
- Banks – Lend you the cash
- Insurance companies – Insure your new real estate investment
- Conveyancer – handles all the legal labour that is needed to proceed in buying a house for sale.
- Surveyor – Carries out an independent and complete property valuation of the house for sale
- Mortgage advisor – If you are thinking to get a mortgage to get the finances needed to afford to buy a house for sale, a mortgage advisor is the person you should be looking for
- EPC person – Always get a quote on the Energy Performance Certificate of the houses for sale listed in a certain city
House for sale in a different UK region
If you are looking for a list of cities that are different to the City of Bar Hill and in different UK region to East of England. You might want to consider these as alternatives for your next real estate investment:
- brill in East of England
- bruton in East of England
- backford in East of England
- abergynolwyn in East of England
- liverpool in East of England
Or, visit our dedicated page on the houses for sale data for the whole of the UK which will allow you to pick based on where you think you want to live or invest – houses for sale in the UK.
What kind of demographics does the city of Bar Hill have?
What does the population of Bar Hill look like?
The city of Bar Hill has a total population of 16058. 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 Bar Hill 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 Bar Hill
Over time, in the last five years, the population of the city of Bar Hill has changed by 1%. 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 1% 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 Bar Hill?
In the last 10 years, there has been a shift in the population of 5%.
Comparing this to the 5 year figure of Bar Hill 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.
Is the crime rate bad in the city of Bar Hill?
For every one thousand people living in Bar Hill, 4700% 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 4700% 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.
The city of Bar Hill, situated in Cambridgeshire, is a particularly impressive part of the UK because of the specific demographics of the location.
In the below headings, the city of Bar Hill and its demographics will be compared to its wider location (East of England). This includes population size, growth and population education now and into the future.
These statistics are heavily influenced by socio-economic factors and as a result this also shapes the projected house price of the houses for sale in Bar Hill. So, taking a good look at the data is essential to understand the area you are considering to buy in.
For the city of Bar Hill, what is the education level?
In the city of Bar Hill, 58% of people have degrees. In general, as the number of people who are highly educated goes up, the more likely they are to have the ability to buy houses as their annual household income goes up too.
So you can see for yourself, the average income for the people of Bar Hill is £50,300.00. This generally goes up with the education level of the area. Additionally, looking at the difference between the proportion of people with degrees and the UK average for this statistic (22.6%) should give you an idea of the affluence and education of the city.
A higher education level can therefore tell you if the house prices are likely to be high as the higher income level often results in people buying a bigger, more valuable house.
Having said this, whale education level can be a good factor to go by, there are also things like the rental yields, the population growth and social grades scores that can impact the value of a house and whether it will go up in value as time goes on.
How much do people in Bar Hill 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.
£50,300.00 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 55% for Bar Hill.
Are the deprivation levels of the UK any different to Bar Hill?
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Bar Hill, currently, £0 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.
How much green space is available to residents of Bar Hill?
In the UK, there are a range of cities which have a lot of green space. In some cases, green space can get as high as 49% of outdoor land like in the city of Edinburgh. When specifically talking about Bar Hill, the city has 26 per 1000 residents.
This can be compared to an average of 1.7 acres of green space per 1000 residents which is the UK’s national average. It is up to you to decide how much you’ll let the amount of green space impact your buying decision in Bar Hill.
In Bar Hill, 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 Bar Hill, the percentage of people in the two highest categories, A and B is 55%. 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 £50,300.00. This income will generally get bigger as the percentage of people in the A and B categories go up too (55%).
In Bar Hill, what is the asking price in general for a house for sale?
In the city of Bar Hill, what is the average asking price for the houses for sale?
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£432,855|
|Average asking price (3 bed)||£641,943|
|Average asking price (4 bed)||£769,208|
|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 Bar Hill 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.
On average, in Bar Hill, the asking price for a house for sale in the area is £665,624.
The below table puts this figure into perspective as you can see the various average sale prices of the different type of houses for sale in Bar Hill. From a 1 bedroom house up to a 5 bedroom house.
As you can imagine, as the price goes up, the size of a room also goes up and in general, the larger a house is, the more you can expect the sale price to be as well.