How much does a house for sale cost in Barton Bendish?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in East of England $ How much does a house for sale cost in Barton Bendish?

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

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

In general, what do houses for sale sell for in Barton Bendish?

There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Barton Bendish. In Barton Bendish, this sale price works out to be £247,846. As an example, a factor like population growth over the last 10 years which works out to be 3% in Barton Bendish and impacts house prices of the houses for sale.

Housing category Total final sale price
Average sold price (detached) £291,861
Average sold price (semi-detached) £197,975
Average sold price (terraced) £162,607
Average sold price (flat) no relevant data for this city

Above, the exact type of house is also shown to vary in price in a table in Barton Bendish. You may think that the bigger the house is the more expensive, but actually, this table is more based on the demand for the properties in each category.

Housing category Sale price per square foot
Average sold price/sqft £2,290
Average sold price/sqft (new build) £2,120
Average sold price/sqft (old stock) £2,230

In addition, here is the price per square foot. By taking this data and doing an average, it is also possible to work out the average square foot of houses in Barton Bendish which is £2,290. From here you can get a sense of the price of the overall housing market and therefore, also find out the prices of the houses for sale.

What’s the rental yield in general for the city of Barton Bendish?

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 Barton Bendish.

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 (Norfolk) as well as the broader region; East of England.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Barton Bendish 3.7% £1,047 no relevant data for this city 9.0%
Norfolk 3.75% £975 117.20% 16.23%
East of England 3.49% £1,148 126.76% 16.58%

Also, you can compare other data to the table above such as the number of houses sold per month in Barton Bendish which is 9 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 Barton Bendish is to invest in. Both in terms of rental yield and capital appreciation.

Are there new houses being built in Barton Bendish to make it grow?

Before making an investment and move forward with buying a house for sale, another important set of data an investor should analyse is the growth trends of the area in question.

Below are the forecasted growth rates for the city of Barton Bendish at 1 year, 3 year and 5 year intervals:

1 year 3 years 5 years
Barton Bendish growth rate 2% 19% 12%

Examine this figure carefully as the addition of a lot of new houses to meet demand could mean that house price of the houses for sale in Barton Bendish gradually reduces with an increase in the housing supply. This could be a good indicator to understand if your house will appreciate or not. Too many houses and too much supply could drive down the prices of homes or stagnate them. So be sure to check out what is exactly happening in Barton Bendish.

What are the demographics like in the city of Barton Bendish?

Is the city of Barton Bendish deprived?

The deprivation levels of the UK can vary quite a bit. High deprivation levels signal a particular area has people who are struggling to make ends meet and pay for basic living expenses. For Barton Bendish, in particular, the deprivation levels are 20%.

This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.

How much are those living in Barton Bendish earning?

As earning potential goes up in a city, so does the quality of schools in the area, the general infrastructure and the social grade score (20%). All in all, the area becomes a more desirable place to live in.

This is why it is vital to pay attention to how much people are making annually in any city you plan on making a house purchase in. In Barton Bendish, this works out to be £42,300. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.

What is the education level like in Barton Bendish?

In the city of Barton Bendish, 22% 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 Barton Bendish is £42,300. 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.

What’s crime like in Barton Bendish?

The crime rate of Barton Bendish must be looked at sceptically. The reason for this is that the crime rate can vary within a city greatly and the type of crime committed can also vary too.

For example, the area has a crime rate of 39, but another city may have a higher crime rate but not be deemed as dangerous due to lower level crime or minor offences being committed.

Either way, high crime rates are never a good sign so consider the rate against the UK average of 79.52 for every 1000 people as a benchmark.

Lower rates could mean things like home insurance is cheaper and you have to install fewer security measures throughout your house. Saving you money in the long run. So the statistic of crime rate (39) is both useful and is recommended to be compared to the average.

In the city of Barton Bendish, 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 Norfolk for example.

These demographics for Barton Bendish 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 Barton Bendish in East of England.

Have the people of Barton Bendish grown in numbers?

The city of Barton Bendish has a total population of 15,804. 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 Barton Bendish 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 Barton Bendish

Over time, in the last five years, the population of the city of Barton Bendish has changed by 0%. 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 0% 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 Barton Bendish?

In the last 10 years, there has been a shift in the population of 3%.

Comparing this to the 5 year figure of Barton Bendish 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’s a social grade score and how does it relate to Barton Bendish?

Most of the time, the social grade score of a city is what it takes to determine what the economic levels are like as this score refers to what type of jobs the people of the area generally work as. So, from highly skilled, managerial roles, to the manual labour workers of the UK, how does Barton Bendish compare?

At the highest end of the scale (A) jobs that are managerial administrative or professional are all lumped into this category. On the other hand, there is the lowest grade (E) where workers who are on benefits, state pensions or work casual jobs fall into.

In Barton Bendish, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 20%.

So you can compare this data, here is the estimated grouping of the social grades of the UK for the general population. Adding the two highest categories of A and B and comparing this percentage to the high social grade score which combines A and B should give you a good comparison.

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 the city of Barton Bendish, how much green space remains for residents?

There are cities in the UK such as Edinburgh and Bristol that have a higher percentages of green space with Edinburgh being the most at 49%. The city of Barton Bendish currently has 8.6 for every 1000 residents.

Green space helps the quality of people’s mental health as well as fight against diseases like obesity. As studies have shown that the proximity of people to green spaces in the UK has a positive impact on the physical health of people in the UK and Barton Bendish in this case.

In Barton Bendish, what is the asking price in general for a house for sale?

The average asking price for the houses for sale in the city of Barton Bendish

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £216,579
Average asking price (3 bed) £312,443
Average asking price (4 bed) £433,180
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 Barton Bendish 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.

As you go ahead and make offers on a house for sale, it is sometimes best to know what other people are offering for the same type of house for sale so you know what to offer yourself to get a good deal. So you should know, the average asking price of Barton Bendish is £343,335.

Even though the asking price is not what the eventual price the house is sold at, making a note of the averages for the city of Barton Bendish is useful when negotiating and knowing what to expect for every type of house for sale.