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Barway – What to look for in houses for sale?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in East of England $ Barway – What to look for in houses for sale?

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As a landlord, whenever you are looking at houses for sale in Cambridgeshire, you could find varying prices throughout an area like Barway. 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 Barway 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 Barway will be revealed. Keep reading.

How are rental yields of the houses for sale different to the rest of the UK in Barway?

You may have heard of rental yield as being important for investors who wish to make a sizable profit on their rental properties. If this sounds like you and you’re looking to invest in a house currently for sale and collect rental income in Barway this statistic is what you were looking for.

Data should also be compared to the broader region of the UK (East of England) alongside Cambridgeshire then looked at with other statistics like the area’s rent and the turnover of sale of the houses in question. It could be that an investor prefers to make a profit on the sale of a house rather than the rental income and optimal properties for this investment varies throughout Barway.

This decision is made differently depending on the investor’s tolerance for risk, investing strategy, the location they’re investing in and their overall goal for buying a house currently listed for sale.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Barway £0 £1,057 £1 £0
Cambridgeshire 3.51% £1,154.48 130.11% 17.65%
East of England 0.03 1,148.32 £1 16.58%

As you observe table above, it could be valuable to contrast these figures with other pieces of data relevant to the process of buying like the crime rate or the appreciation of houses for sale in Barway.

As you can tell, the best conclusions are drawn when the buyer of a house for sale looks at all the data involved holistically and doesn’t make quick decisions based on one or two pieces of data. As an example, comparing the data with the number of property sold per month (20) will be useful.

Are there more or fewer houses being built in Barway?

The growth of an area like Barway 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
Barway growth rate -10% -1% 11%

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 Barway if you want to find out the exact reasons for the housing change.

houses for sale in other cities and regions in the UK

You can consult our list below that goes over a list of cities not necessarily in East of England, allowing you to find similar places to Barway:

You may also refer to our webpage specific to UK houses for sale to get an overview of the large number of cities in the area, houses for sale in the UK

A house for sale appropriate to your needs

When browsing houses for sale in Barway 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.

What are the demographics like in the city of Barway?

Are the people of Barway deprived?

Deprivation of a city is defined as the number of people who are considered to not be earning enough to sustain their lifestyle. The UK average of deprivation nationwide is 33% so comparing the figure of £0 for Barway should give you a nice idea of the deprivation in the area.

In Barway, what is the crime rate?

Within Barway, the number of people committing crimes is 73 per 1000 people. This figure directly relates to the safety of residents in the area which is one of the biggest factors in whether an area is considered desirable or not.

As a result, someone looking to buy a house here hoping for it to appreciate in value or buying a house here to produce rental income should check out the crime rate and compare it carefully to the UK average of 79.52 for every 1000 people to see how safe people living there will be.

If the area’s crime rate is too high, this may result in you having to pay for the renovation of burglaries or pay a premium on home insurance as insurance companies will charge you more for living in a dangerous area. So analyse this 73 figure carefully.

What does the population of Barway look like?

The city of Barway has a total population of 26687. 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 Barway 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 Barway

Over time, in the last five years, the population of the city of Barway has changed by 3%. 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 3% 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 Barway?

In the last 10 years, there has been a shift in the population of 8%.

Comparing this to the 5 year figure of Barway 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 Barway?

In the city of Barway 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 Barway has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 0.24.

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 do people in Barway earn?

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 (0.24). 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 Barway, this works out to be £46,700.00. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.

In the city of Barway, 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 Cambridgeshire for example.

These demographics for Barway 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 Barway in East of England.

In Barway, how educated are people in general?

In the city of Barway, 28% 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 Barway is £46,700.00. 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.

Is there sufficient green space in Barway?

Providing the right amount of green space for people in the UK is a difficult subject because there are clear benefits for human health but at the same time, it is hard to make sure all areas of the UK can get enough greenery. This is a result of land being already in use in cities where most people live.

In Barway, 19 is the amount of acres of outdoor space there is for every 1000 people. Charities such as ‘Fields in Trust’ recommend there to be at least 6 acres. This should allow you to conclude whether this green space is sufficient for you if you are interested in buying in Barway.

In Barway, what do houses for sale tend to sell for?

In Barway, houses for sale are sold at an average of £289,204. In general, multiple factors impact this figure because lots of variables impact properties valuation. This can include the quality of the buildings in general, whether the population has grown, if there is demand for housing or if there is a low crime rate which would make the area more desirable.

In the table below, you can see for yourself how the average price of a house for sale looks based on the different sizes of housing in Barway. The exact amount of variation between the types of housing depends on the local demand for particular types of houses in the area.

Housing category Total final sale price
Aerage sold price (detached) £385,379
Aerage sold price (semi-detached) £253,611
Aerage sold price (terraced) £239,755
Aerage sold price (flat) £177,589

As you can see above, for Barway, price varies based on the type of house that is being sold. If these prices shock you it could be due to population change in the last 10 years of 8% where lots of movement may inflate or deflate house prices.

Housing category Sale price per square foot
Aerage sold price/sqft £2,950
Aerage sold price/sqft (new build) £3,010
Aerage sold price/sqft (old stock) £2,870

Looking at the second table about Barway, you are able to tell which type of housing is most affordable to you as a buyer. However, for a general overview of what house price is, the average price per square foot for a house in Barway is £2,960.

Get professional help on the houses for sale in Barway

Choosing the perfect house for sale for you might be challenging in today’s market due to the abundance of available houses.
You may wonder who can guide you through the process of selecting a house that is for sale.
There are several experts that provide guidance and support to potential buyers and the procedure can be drawn out, particularly when dealing with houses for sale.

Here is a list of who to contact to get assistance when purchasing a house for sale:

  • Banks – The ones that can lend you the money you need for the house for sale
  • Insurance companies – Companies that give you access to various insurances specific to the house for sale you are considering to buy
  • Solicitor – The individual or business responsible for handling the legal tasks required to purchase a home that is for sale.
  • Civil engineer – Provides you with an appraisal of the house up for sale that you want to purchase.
  • Mortgage advisor – Professional advisors that will guide you and propose the best mortgage deals according to your finances
  • EPC specialist – Getting professional advice on the energy performance of the house for sale is crucial, especially nowadays.

On average, what is the figure for the asking price of a house for sale in Barway?

On average, in Barway, the asking price for a house for sale in the area is £350,277.

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 Barway. 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.

Average prices for the houses for sale in Barway

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £249,011
Average asking price (3 bed) £344,409
Average asking price (4 bed) £467,535
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 Barway 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 £2,960 should also give you an overview of what the asking price for houses for sale are in general.

FAQ (Frequently Asked Questions)

Do properties in Barway have the potential for renovation?

Properties in the city of Barway may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are 16 approvals every month with an approval of nan based on a population of 26687. Compare other places in the UK to make this figure make more sense.

What is the monthly count of property transactions in Barway?

Barway boasts a monthly total of 20 property transactions, while the entire UK witnesses approximately 1.1 million property sales. You can visit our pages that give information on houses for sale based on Rightmove data from the same region using the link

How does the population in a city like Barway change annually?

To work out how the population of Barway has changed over time, you can look at the population change over a decade which is 8% and the change in a five year period two which falls at 3%. 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

What is the asking price for houses for sale in the wider region of Barway?

The current average price per square foot for a house in Barway stands at £2,960, considering the mean cost for each square foot of houses for sale there.

Is investing in a house for sale in Barway 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 Barway, this value is £289,204, compared to the UK’s average of £286,500.

Who are the best estate agents in the city of Barway?

Looking to pruchase a home to live in or for an investment? Discover agents in the city of Barway below who are ready to help you navigate the home buying journey. From viewing listings to making offers, rely on an knowledgeable professional tailored to your neighborhood and preferences to eliminate the headache of searching:

Name of the Agent Phone Number Address Email Address
Keeleys Lettings 1621842444 48A Saint Mary’s Street Robert Mulcrone (robert@keeleysessex.co.uk)
Keeleys Letting & Property Management nan 20 Market Place Matthew Mulcrone (matthew@keeleys.net)
Clarkhomes 441353665020 20 Market Place David Clark (david@clarkhomes.co.uk);Don Wheeler (don@clarkhomes.co.uk)
Platinumpropertiesely 441353664728 22 Market Place Maria Morgan (maria@platinumpropertiesely.co.uk)
Peter Michael Estate Agents 441353488390 41A High Street, Soham, Ely, CB7 5HA Phone number only

Download agent details

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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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