Bell Bar can be a tough place to find accurate information like any city in the UK. Read on to learn about which data to stay on top of when looking at house for sale in Bell Bar.
On top of this, keep reading for detailed information on the demographics of Bell Bar in Hertfordshire. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.
In general, what do houses for sale sell for in Bell Bar?
As well as looking at the asking price for house for sale in Bell Bar, 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 Bell Bar.
Houses for sale, are sold on average in Bell Bar, after the influence of these factors, at £577,994 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 13% over the last 10 years.
|Housing category||Total final sale price|
|Aerage sold price (detached)||£925,717|
|Aerage sold price (semi-detached)||£594,769|
|Aerage sold price (terraced)||£413,525|
|Aerage sold price (flat)||£301,677|
This table above shows the average sale price for each variation of houses for sale in Bell Bar.
|Housing category||Sale price per square foot|
|Aerage sold price/sqft||£4,820|
|Aerage sold price/sqft (new build)||£4,460|
|Aerage sold price/sqft (old stock)||£4,770|
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 Bell Bar is £4,820.
This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.
In Bell Bar, what are the rental yields?
In Bell Bar, how has the number of houses changed?
Whenever you are thinking about looking for houses for sale in Bell Bar, think about how the city is growing and how this may impact the overall growth of the area.
Comparing the growth at different time periods would be a great way to assess whether the growth has slowed down, remained the same or perhaps stagnated over the years.
|1 year||3 years||5 years|
|Bell Bar growth rate||-1%||15%||13%|
As the population of Bell Bar grows, this may also push up the price of the houses for sale. More people would be looking to buy homes and permanently live in the area. This demand helps a home appreciate. However, this isn’t always true because some cities build a lot of houses too to match the supply.
Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Bell Bar, 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 and how much you can charge for rent in your ast (assured tenancy shorthold).
What is the asking price on average of houses for sale in Bell Bar?
When speaking about the city of Bell Bar, £753,568 is the asking price for a house for sale.
We have compiled a table of data so you can know the asking prices of the specific size of home you’re most interested in. As you can imagine, a family looking to move out with children in Bell Bar would be after a larger house than someone living alone.
The data is in fact very different compared to the number of rooms you’re interested in having in your home and the asking price also tends to go up in staggering amounts as you add rooms.
Table showing the asking prices for houses for sale in Bell Bar
|Average asking price (1 bed)||no relevant data for this city|
|Average asking price (2 bed)||£420,519|
|Average asking price (3 bed)||£638,340|
|Average asking price (4 bed)||£1,180,202|
|Average asking price (5 bed)||no relevant data for this city|
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 Bell Bar is £0. This should show you the general prices overall and for individual types of houses too.
House for sale in a different UK region
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 Bell Bar:
- beddau in East of England
- callow-end in East of England
- dudley in East of England
- aldeburgh in East of England
- auckley in East of England
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
Professional advice for houses for sale in Bell Bar
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
Are there any important statistics about the population of Bell Bar?
In the city of Bell Bar, has the population grown or shrunk?
In the UK in general and specifically in the region in question, large population sizes can be good indications that there are a lot of people in the area looking for houses for sale which can drive up demand and therefore impact the cost. You should also check to see if the population is growing in the area too to show an increasing demand, this is even better. Currently, the total population of Bell Bar is 10636.
Sometimes, smaller populations can have higher buyer demand than large populations on the other hand. This is because the price of houses and hence the demand for houses is based on a variety of variables.
The most important variable is the location of the houses for sale in the city of Bell Bar.
In Bell Bar, how has the population changed over the last five years?
In the last five years, over time, the change in population size was 5%. Looking at this figure can inform you of the buyer demand for the houses for sale in the area. Read more here
This may mean that the city has now started to slow down in terms of population growth or it may mean the city is also building a lot of houses which would indicate the supply of houses for sale will be matching the demand.
Making predictions about the future growth of Bell Bar is hence important in making a decision if capital appreciation of your real estate investment is something you’re after as a landlord.
Comparing this figure for the 5 year growth (5%) as well as the ten year growth in the subheading below should allow you to make some accurate forecasts on the growth rate. Click here to know more on the UK population trends.
Bell Bar population difference over 10 years?
The population has adjusted in the area of Bell Bar by 13% in the most recent decade. This change is even more useful when compared alongside the figure for the five year growth of the area too.
This will tell you if the population is changing at the moment or if change is more recent. Through this a landlord can accurately look at the fluctuations in population size of the area over time and therefore better understand the trend of the houses for sale in Bell Bar.
To make an example, the town of Salford which is a part of Manchester has seen a 10% increase in population. house price has therefore followed.
How much green space is available to residents of Bell Bar?
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 Bell Bar, the city has 115 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 Bell Bar.
Bell Bar within Hertfordshire is notable for the type of people that live there. The statistics below show how this is the case.
As you read on, Bell Bar will be looked at by comparing it to the local region, as well as comparing it to the wider region too (East of England). 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 Bell Bar.
Are the deprivation levels of the UK any different to Bell Bar?
The number of people who are deprived can have an impact on the perception of your house in the general marketplace. Additionally, if you are looking for a house to live in for the long term, you can start to picture what your neighbours and the people in your area live like financially.
If the proportion of deprivation of Bell Bar is £0 and in general for the UK this figure is somewhere around 33%, you can see if this figure is something you are happy with as you search for a house to buy.
How much do people in Bell Bar earn?
You may be wondering what the amount people earn has to do with house price. Well, house prices generally go up as people earn more not just because they can afford more valuable properties but also because good areas generally attract more desirable infrastructure. For reference, the average household income is £48,800.00.
This may be better schools, doctors and areas with lower crime rates. This results in a snowball effect which polarises different areas further, increasing the demand for housing in richer areas by a greater amount. And increasing the proportion of people with high social grade scores. For Bell Bar this figure is 35%.
In Bell Bar, what is the social grade score?
In the city of Bell Bar 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 Bell Bar has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 35%.
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 educated are the people in Bell Bar?
In the city of Bell Bar, 30% 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 Bell Bar is £48,800.00.
This should correspond with the average percentage of people in the UK who have degrees at 22.6%.
What’s crime like in Bell Bar?
For the city of Bell Bar, crime rate is at 8200%. So for every 1000 people in the area, 8200% 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.
A house for sale appropriate to your needs
What parameters impact the final price of a house for sale in Bell Bar?
Here below is our list with the most important ones:
House for sale affordability – check out the (see house affordability guide)
on the UK gov website to know more
House Location – the actual location of a house for sale drastically changes the final price of a property
Transports you can reach by foot – Commuting is part of our lives, especially in big cities, check it out before buying a house for sale.
Number of bedrooms – Usually, the bigger the house for sale the more bedrooms it will have. For example, if you are a single person (or a couple) one bedroom will do.
Energy Performance Certificate of the house for sale – Bad EPCs can result in thousands of pounds more in bills you will have to pay on an annual basis. Consider this when purchasing a new property.
Internet connection – Having a quick internet connection is fundamental nowadays. Check the area of the house for sale to understand what the average internet speed is and see if it fits your needs
Do you drive to the office? – If yes, ask about parking. Is it included in the house price?
Special areas – Start by taking a look at the National Heritage list by the UK government. If a house listed for sale appears in the list, the future landlord won’t be able to invest in changes to the real estate asset.
Houses for sale Conditions – When looking for houses for sale you should always consider the amount of time and money you will have to invest to complete the needed repairs, if any at all.
Frequently Asked Questions (FAQ)
Are there opportunities for property renovation in Bell Bar?
Every single month in Bell Bar, there are 12 planning applications, of which nan result in a success. Look at this in terms of the population size of 10636 to work out if you think you’d have good planning success if you were to renovate.
What’s the number of property sales each month in Bell Bar?
Bell Bar boasts a monthly total of 7 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
What’s the year-over-year population change in Bell Bar or similar cities?
To assess the shifts in Bell Bar’s population over time, analyse how the population has altered. Look at the ten year change of population of 13%, alongside the five-year change of 5%.
What are the asking rates for houses for sale in the surrounding area of Bell Bar?
The average asking price of a house in Bell Bar is currently £0 based on the average price per square foot.
Is investing in a house for sale in Bell Bar 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 Bell Bar, this value is £577,994, compared to the UK’s average of £286,500.