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How much does a house for sale cost in Barley?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in the North West $ How much does a house for sale cost in Barley?

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Barley 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 Barley.

On top of this, keep reading for detailed information on the demographics of Barley in Lancashire. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.

Invest in a house for sale that meets your demands

Criterias that have an impact on the actual price of a house for sale have been listed here below. Consider them all to find the perfect houses for sale in Barley.

  • Affordability – check this article from the UK government to find out (see what house for sale you can afford)

  • Location – if the house for sale is in the city centre rather than further out, this may be why it is more expensive than the market average.

  • Transports near the house for sale – Being able to use public transports is a huge plus for a house, especially in big cities. This will have an impact on the price as well.

  • Bedrooms – the more bedrooms there are in a house for sale, the more tenants a buy to let investors will be able to host, therefore, realistically the price will also increase.

  • EPC of the house for sale – today more than ever, the energy performance of properties for sale on the market should be one of the first things you check.

  • Wi-Fi speed – We recommend you check the internet plans available for the areas where you are considering to buy a house for sale

  • Are you a motorist? – If yes, filter out your searches and compare prices of houses for sale with parking availability. Remember, a car parking space can cost as much as £400 per month

  • Conditions of the house for sale – New builds and properties that were recently built usually need little to no repairs; instead, other houses for sale may require consistent or structural maintenance. These investments that can be both expensive and laborious to complete. Before making your offer for a house for sale you should always carefully assess this criteria.

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

In the city of Barley, 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) £92,226
Average asking price (3 bed) £190,381
Average asking price (4 bed) £300,076
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 Barley is the right area to buy a house in for you.

Before a house gets sold, the figure it sells for always starts off as an asking price. This average asking price for the houses for sale in Barley determines the eventual sale price of the house so it isn’t the most important figure but is still important to take note of. This figure is currently £161,855.

Below, there is a table showing the asking price of the different sizes of houses based on the number of bedrooms of the houses in Barley.

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

In Barley, how has the number of houses changed?

Whenever you are thinking about looking for houses for sale in Barley, 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
Barley growth rate -10% 17% 13%

As the population of Barley 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.

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 Barley.

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 (Lancashire) as well as the broader region; North West.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Barley £0 £528 £1 £0
Lancashire 4.25% £691.17 100.27% 17.49%
North West 0.04 807.60 £1 20.19%

Also, you can compare other data to the table above such as the number of houses sold per month in Barley which is 32 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 Barley is to invest in. Both in terms of rental yield and capital appreciation.

Invest in houses for sale in Barley with the right professional advice

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.

houses for sale in other cities and regions in the UK

Below is a list of towns that differ from Barley.
Going over these locations will help you evaluate the different houses for sale across the UK. Whether that be in the same or a very different region to North West:

If you are interested in other cities or even regions of the UK, please visit the following page for more information:houses for sale in the UK it contains all the data related to the houses for sale in our nation.

What is the final sale price of a house in Barley?

In Barley, houses for sale are sold at an average of £135,778. 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 Barley. 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) £229,820
Aerage sold price (semi-detached) £142,633
Aerage sold price (terraced) £84,885
Aerage sold price (flat) £75,755

As you can see above, for Barley, 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 4% where lots of movement may inflate or deflate house prices.

Housing category Sale price per square foot
Aerage sold price/sqft £1,520
Aerage sold price/sqft (new build) £1,920
Aerage sold price/sqft (old stock) £1,380

Looking at the second table about Barley, 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 Barley is £1,520.

What kind of demographics does the city of Barley have?

What salary does the community in Barley take home?

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 £37,300.00.

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 Barley this figure is 16%.

Are the people of Barley deprived?

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 Barley 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.

What does the population of Barley look like?

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 Barley is 34620.

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 Barley.

In Barley, how has the population changed over the last five years?

In the last five years, over time, the change in population size was 3%. 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 Barley 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 (3%) 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.

Barley population difference over 10 years?

The population has adjusted in the area of Barley by 4% 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 Barley.

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.

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

For every one thousand people living in Barley, 12600% 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 12600% 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.

What is the education level like in Barley?

Interestingly, the percentage of people who have a degree in the city of Barley is 21%. 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 Barley is £37,300.00.

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.

Located in Lancashire is the city of Barley, in a large part of the UK; North West. Before you look for houses for sale in this area, it is a reasonable question to ask what the people who live there are like.

Below, the population of Barley has been dissected in terms of if the population is educated, what the crime rates are like and much more. All important factors to consider before making a house purchase among the offer of the houses for sale.

The knowledge below is based on a lot of different variables relevant to the city of Barley which impacts the profitability of making an investment here or how desirable buying a house to live in is if you want to live on a permanent basis.

How much green space is available to residents of Barley?

In the city of Barley, there are 7 acres of green space per 1000 residents.

The charity, ‘Fields in Trusts’ recommends a minimum of 6 acres of green space per 1000 people so it is easy to see where Barley is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.

What is the city of Barley’s social grade score?

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 Barley 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 Barley, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 16%.

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

F.A.Q.

If you are a landlord, should you renovate a property in the city of Barley?

Every single month in Barley, there are 9 planning applications, of which nan result in a success. Look at this in terms of the population size of 34620 to work out if you think you’d have good planning success if you were to renovate.

In Barley, how many property sales per month are there?

Barley boasts a monthly total of 32 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 is the population change each year in a city like Barley?

To work out how the population of Barley has changed over time, you can look at the population change over a decade which is 4% 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

prices for houses on sale in the broader vicinity of Barley?

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

Would acquiring a house for sale in Barley be regarded as a high-priced option?

Ascertain the costliness of a property by examining a listed house for sale in relation to the prevailing average selling prices. In Barley, this stands at £135,778, whereas the UK’s mean is £286,500.

Find an estate agent where you’re looking to buy in Barley

When buying, having the right expertise when navigating Barley and the property market can be a great advantage. So, don’t make things harder for yourself and tackle a home purchase on your own. Browse our list of reputable estate agents below to help you on your house hunt!

Estate agent Email Contact number Address of agent
Business First John Slater (js@businessfirst.co.uk);Sarah Fretwell (sf@businessfirst.co.uk) 441282330330 GROUP FIRST HOUSE
Pendle Hill Properties Phone number only 441282344077 154 Whalley Road, Read, Burnley, BB12 7QN
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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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