Contents
- 1 We help you find the right agent
- 2 How are rental yields of the houses for sale different to the rest of the UK in Bar End?
- 3 Get professional help on the houses for sale in Bar End
- 4 In general, what do houses for sale sell for in Bar End?
- 5 A house for sale appropriate to your needs
- 6 House for sale in a different UK region
- 7 What are the asking prices for the houses for sale in the city of Bar End?
- 8 In Bar End, what are the demographics like?
- 9 FAQ (Frequently Asked Questions)
We help you find the right agent
At lofti we want to simplify your life and help you buy, sell or rent your property. We have assembled all the agent in Bar End to help you find the perfect agent for you
Bar End 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 Bar End.
On top of this, keep reading for detailed information on the demographics of Bar End in Hampshire. This is crucial in finding houses for sale in the UK, that are worth investing in for the long term too.
How are rental yields of the houses for sale different to the rest of the UK in Bar End?
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 Bar End.
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 (Hampshire) as well as the broader region; South East.
Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
---|---|---|---|---|
Bar End | £0 | £1,302 | £1 | £0 |
Hampshire | 3.67% | £1,198.75 | 129.21% | 20.71% |
South East | 0.04 | 1,300.68 | £1 | 16.69% |
Also, you can compare other data to the table above such as the number of houses sold per month in Bar End which is 15 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 Bar End is to invest in. Both in terms of rental yield and capital appreciation.
Are there more or fewer houses being built in Bar End?
Whenever you are thinking about looking for houses for sale in Bar End, 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 | |
---|---|---|---|
Bar End growth rate | -4% | 11% | 6% |
As the population of Bar End 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.
Get professional help on the houses for sale in Bar End
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, what do houses for sale sell for in Bar End?
As well as looking at the asking price for house for sale in Bar End, 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 Bar End.
Houses for sale, are sold on average in Bar End, after the influence of these factors, at £458,647 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 9% over the last 10 years.
Housing category | Total final sale price |
---|---|
Aerage sold price (detached) | £692,753 |
Aerage sold price (semi-detached) | £480,292 |
Aerage sold price (terraced) | £472,790 |
Aerage sold price (flat) | £277,891 |
This table above shows the average sale price for each variation of houses for sale in Bar End.
Housing category | Sale price per square foot |
---|---|
Aerage sold price/sqft | £4,560 |
Aerage sold price/sqft (new build) | £4,690 |
Aerage sold price/sqft (old stock) | £4,520 |
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 Bar End is £5,060.
This statistic can be used to compare the price of housing between housing categories again or even compare the price for a different city.
A house for sale appropriate to your needs
Many criteria impact the price of houses for sale in Bar End.
Here below are the most important ones according to Lofti’s expertise:
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Affordability – (see what house for sale can you afford?)
A guide from the UK government
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House Location – The borough and region of the UK you want to invest in is an important factor to consider when looking for a home for sale.
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Transport – Commuting can be a waste of time. Minimise it by checking how long it will take from the house for sale you’re interested in, to your office before considering buying
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Number of bedrooms – The number of bedrooms goes hand in hand with the house for sale price. If you are buying for the long period try to think if you might need an extra bedroom
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Energy performance of the house for sale – The difference between an EPC rating of A and an EPC rating of G can impact your monthly utility bills, consider this when evaluating houses for sale.
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Internet connection – Being able to take video calls from your home is crucial nowadays, always check the broadband of the area when browsing houses for sale
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Car park – Ask the property seller for parking availability. If it is included in the price of the house for sale, you can justify paying more than you would at first glance
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Conditions of the house for sale – Repair works can be expensive and take a lot of time, assess the conditions of the houses listed for sale before making an official offer.
House for sale in a different UK region
We have prepared a list of cities that are entirely dissimilar to the region of South East, perfect if you are looking for somewhere similar to Bar End but want to relocate to a different region entirely. You should then be able to evaluate the different houses for sale listed in the region:
- lilley in South East
- bowling in South East
- eastoke in South East
- alderley-edge in South East
- berden in South East
Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.
What are the asking prices for the houses for sale in the city of Bar End?
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 Bar End is £510,156.
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 Bar End is useful when negotiating and knowing what to expect for every type of house for sale.
In the city of Bar End, what is the average asking price for the houses for sale?
Average asking price (1 bed) | £237,248 |
Average asking price (2 bed) | £385,167 |
Average asking price (3 bed) | £588,404 |
Average asking price (4 bed) | £865,345 |
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 Bar End 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 £5,560 should also give you an overview of what the asking price for houses for sale are in general.
In Bar End, what are the demographics like?
Is the crime rate bad in the city of Bar End?
For every one thousand people living in Bar End, 13800% 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 13800% 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.
How much are those living in Bar End earning?
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 £50,900.00.
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 Bar End this figure is 43%.
Is the education level of Bar End important when buying a house?
In the city of Bar End, 45% 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 Bar End is £50,900.00. 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.
How deprived is the population of Bar End?
Deprivation levels refer to the ability of the population of the city to earn enough to keep their lifestyle going. Nationwide, it is thought that the number of people at this level or not being able to meet the costs of living is around 33%. In comparison, the deprivation level of Bar End is £0.
Bar End in the county of Hampshire 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 Bar End is located in; South East.
Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Bar End, 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.
How much green space is available to residents of Bar End?
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 Bar End currently has 11 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 Bar End in this case.
Have the people of Bar End grown in numbers?
Population growth in Bar End is important to know if there is housing demand and the total population may also be looked at as large populations commonly have a lot of buyer demand.
In Bar End, 22073 people live in the city as their main place of residence.
It is important to note that it is not the case that everyone likes a large population to live in. People who tend to prefer a more relaxed life are more likely to buy or rent somewhere to live that has a small population and perhaps also wouldn’t mind if the population isn’t growing.
Other people also like to have a mix of both. Where they can visit rural areas and also benefit from the amenities of a busy city.
In Bar End in the previous five years, have population numbers transformed?
Five years may seem like a long time but it is rare for a city to grow that much unless there is dramatic population growth. In Bar End, this change has been 3%. Read more here
Someone who wishes to find out how this change has occurred over a longer period of time may also wish to read the headings below and see if the change has continued throughout the past decade too. Or if the change is only true for the more recent figure for five years of 3%. Click here to know more on the UK population trends.
Over the last decade, how has the population differed in Bar End?
Populations change all the time but if there is a clear change in population in the last ten years this is even more reliable data about the population of the area as opposed to five. This adjustment in population works out to be 9% in Bar End.
What this statistic is like in comparison to the population change in five years should provide you with a comprehensive understanding of what direction the population is heading in.
In recent years because of the pandemic, it is common to see dramatic differences in the population change in the last five years when comparing it to ten as people realise they can work from home but still keep the current jobs they have.
This means they can move to cities they wouldn’t have considered otherwise and be location-independent of their source of income. Perhaps making a longer commute into the office every week for example.
What is a social grade score and how does this relate to Bar End?
In the city of Bar End 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 Bar End has an abundance of highly skilled workers, the top two categories are grouped together and given a percentage. This percentage is 43%.
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 (%) |
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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 |
FAQ (Frequently Asked Questions)
Do properties in Bar End offer renovation potential?
Properties in the city of Bar End may have the potential for renovation if there are a lot of planning permission approvals based on the area. There are 14 approvals every month with an approval of nan based on a population of 22073. Compare other places in the UK to make this figure make more sense.
What’s the number of property sales each month in Bar End?
Bar End boasts a monthly total of 15 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 annual population shift in a city such as Bar End?
To work out how the population of Bar End has changed over time, you can look at the population change over a decade which is 9% 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 Bar End?
Currently, the mean asking price of a house in Bar End is £5,560, calculated using the average value per square foot
Is a house for sale in Bar End an expensive choice?
To assess the affordability of a property, locate a house for sale and contrast it with the mean selling prices. In Bar End, the value is £458,647, whereas the UK’s mean is £286,500
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