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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?

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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.

Are you considering other cities with houses for sale?

If you are looking for similar places to buy a house that are just like Barton Bendish, examine this short list of cities below from outside of the region of East of England for some inspiration.

If none of these suit your interest, we suggest you visit our page with all of the relevant data concerning houses for sale in the UK, allowing you to buy the right property.

Or, consider buying a leasehold property instead which may be cheaper. However, you will also have to learn what will happen when a leasehold expires so you know how to deal with this side of the law.

What is the asking price on average of houses for sale in Barton Bendish?

Average price of houses for sale in 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

Based on this table, hopefully, you will be able to tell what type of house for sale is the most suitable for your budget. You can also consider the average asking price per square foot (£0) for houses for sale with this table to get a good idea as to whether Barton Bendish is the right area to buy a house in for you.

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.

Always consider average rental yield when searching for houses for sale in 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. This is why it is common for landlords to increase rent using section 13, to maximise this yield, as it is so important.

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 into 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 £0 £1,047 no relevant data for this city £0
Norfolk 3.75% £974.67 117.20% 16.23%
East of England 0.03 1,148.32 £1 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.

What is the growth in the housing market of Barton Bendish?

Before committing to Barton Bendish to make a housing investment, an investor should always ask the question, what is the growth like in the area?

So take a look below at the growth patterns of the previous years displaying the percentage of new houses being built. This will help you understand how the number of houses for sale will evolve in the future.

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

Whether housing growth actually changes the price of a house depends on if the city in question is outstripping demand with the supply of new housing. You’d have to do some more research on what rate Barton Bendish is building housing to find your answer.

A house for sale that is right for you

When browsing houses for sale in Barton Bendish 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.

Invest in houses for sale in Barton Bendish with the right professional advice

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

In general, for the city of Barton Bendish, what are the final purchase prices for the houses for sale?

For the city of Barton Bendish, the average price a house sells for is £247,846. This value usually depends on the exact location of the house within Barton Bendish as well as other factors like the population growth which is 3% over a ten-year period.

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

The above table puts this figure into perspective as you can see the various average sale prices of a house for the specific type of house you’re most interested in. This comparison is important because the type of house you’re considering to buy may be more or less in demand based on variations in supply and demand in the city of Barton Bendish.

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

Generalising the bottom table, the average value per square foot of a house for sale is £2,290. This value averages all of the types of houses for sale in Barton Bendish. So, if you’re not sure what type of house you want specifically, you can still get an idea of the real estate market of Barton Bendish.
Bear in mind that if you are a landlord looking to buy a property to rent, you will also run into other expenses like letting agent fees and the cost of listing your property for sale on Rightmove in your city.

Are there any important statistics about the population of Barton Bendish?

In general, do people commit a lot of crime in Barton Bendish?

For the city of Barton Bendish, crime rate is at 3900%. So for every 1000 people in the area, 3900% 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.

Have the people of Barton Bendish grown in numbers?

Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Barton Bendish if 15804 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 Barton Bendish such as rental yield or house appreciation.

How has the population size of Barton Bendish adjusted in the last 5 years?

In the previous five years there has been a change in the number of people of Barton Bendish by 0%. 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 0% 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 Barton Bendish?

In the last decade, the population of Barton Bendish has been adjusted by 3%. 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.

Barton Bendish in the county of Norfolk is notable for its specific demographics and has individual characteristics.

For localised cities and the bigger areas of the UK there are wide variations in the demographics that shape an area so the same is also true for the wider region Barton Bendish is located in; East of England.

Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Barton Bendish, what the social grade score of the city is like and if the green space matches the recommended levels people living in the UK should have.

In the city of Barton Bendish, is there a lot of green space?

Whether you view green space in Barton Bendish 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 Barton Bendish, the number of acres of green space for every 1000 people currently is 9 which can be measured against the UK average of 1.7.

How deprived is the population of Barton Bendish?

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Barton Bendish, 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.

What is the city of Barton Bendish’s social grade score?

In the city of Barton Bendish 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 Barton Bendish has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 20%.

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

Are the people in Barton Bendish earning a lot?

Typically, as people earn more money, the more they are able to afford and the better house prices in the area because demand goes up. You could also infer that the amenities such as schools, parks and public areas are generally of high quality as a result.

For these reasons, it could be argued that areas where people earn more money are generally nicer arrears to live in which also attracts more people as a result and further drives up house prices in the area.

To see if this phenomenon occurs in Barton Bendish. Compare the area’s average household income of £42,300.00 to the average household income in the UK at price34,000. Adding to this, compare it with the figure for the highest social grade score too at 20% for more conclusive data on the affluence of the area.

Is the education level of Barton Bendish important when buying a house?

Interestingly, the percentage of people who have a degree in the city of Barton Bendish is 22%. Most of the time, the more people that have a degree, the higher the average household income and the more likely someone is to be able to afford to purchase a house. For example, the average income of the citizens in the area of Barton Bendish is £42,300.00.

Generally, areas with high numbers of people with a degree are also areas with more people likely to be home owners and therefore the value of houses and relative prices of the houses for sale are more likely to go up too.

Nonetheless, making predictions about the appreciation of a house also has to be considered alongside other factors like population growth and the rental yields of the area.

However, most of the time, being educated is a good indication of affluence with 82% of people graded a first in tertiary education going on to eventually own a house.

FAQ

Do properties in Barton Bendish have the potential for renovation?

Every single month in Barton Bendish, there are 8 planning applications, of which 91% result in a success. Look at this in terms of the population size of 15804 to work out if you think you’d have good planning success if you were to renovate.

How many property sales occur per month in Barton Bendish?

In Barton Bendish, the monthly property transaction count reaches 9, a small percentage of the total house sales in the United Kingdom which equates to approximately 1.1 million.

What’s the annual population shift in a city such as Barton Bendish?

To work out how the population of Barton Bendish has changed over time, you can look at the population change over a decade which is 3% and the change in a five year period two which falls at 0%. Compare the two and look at the population growth or decline in recent times to really make sure you have a good understanding of the population

In the larger vicinity of Barton Bendish, what is the cost of houses available for sale?

The average cost per square foot for a house in Barton Bendish is presently £0.

Is investing in a house for sale in Barton Bendish a financially demanding choice?

Calculate if a property is on the pricier side by matching a listed house for sale against the mean selling prices. In Barton Bendish, this value is £247,846, compared to the UK’s average of £286,500.

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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