A guide on houses for sale in Barcombe

by | Nov 15, 2022

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Whenever looking for a house for sale in the UK or in Barcombe, it is vital you look at the market trends and house price fluctuations in the wider area of East Sussex 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 Barcombe.

In this article, we will be looking at the city of Barcombe in detail so you know how to navigate the area and have a better understanding on where to invest.

In Barcombe, what are the demographics like?

What is the social grade score of Barcombe?

The social grade of a city is useful when searching for a house for sale because it tells you what kind of jobs people have in the area. For example, there could be a lot of skilled manual workers or there could be a lot of pensioners and people on benefits.

The scale goes from a social grade of an A who are high managerial, administrative or professional workers to an E where people in this category are on state pensions, casual workers or unemployed on state benefits.

The number of people in Barcombe in grades A or B which are the highest skilled roles in the country is 33%. Realistically, you can expect workers in this category to earn a higher salary too.

For comparison, £49,500 is the average household income of the area. You can see how this figure is congruent with the number of people in the top two categories of the social grade at 33%.

What does the population of Barcombe look like?

Population growth in Barcombe 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 Barcombe, 16,105 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 Barcombe 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 Barcombe, 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 Barcombe?

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 7% in Barcombe.

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.

Is the crime rate bad in the city of Barcombe?

For the city of Barcombe, crime rate is at 43. So for every 1000 people in the area, 43 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.

Are the people in Barcombe earning a lot?

By and large, a higher household income in a population can have positive effects on the crime rate and the quality of space. This is due to the fact that higher earners tend to buy houses where there are better schools and more desirable amenities that impact the quality of life someone has.

In Barcombe, the average income is £49,500. Measuring this figure against the average household income for the UK of price34,000 should tell you if the city is higher or lower earning.

When buying a house, use this statistic with other factors when making a decision too like the crime rate or the social grade score of 33% to decide on what the demographics are like in the area.

In Barcombe, what are the deprivation levels like?

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 Barcombe is 17% 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.

In Barcombe, how educated are people in general?

In Barcombe, the proportion of people who have a degree is 37%. Generally speaking, as the number of people with degrees increases, the more people are able to afford houses to buy as a degree is a good indicator of a higher income. To put this into perspective, the average income of Barcombe is £49,500.

This figure for average household income usually goes up alongside the percentage of people who have degrees.

However, this is not a hard and fast rule, there are many factors influencing the buying power of a population and hence the appreciation of housing and the number of houses for sale in the area. This can include the rental yields of the area and other demographic statistics like crime rate.

Nonetheless, it cannot be argued that those with degrees tend to live in more affluent areas as 82% of people who achieve a first in degree level education are owners of the place they live.

How much green space is available to residents of Barcombe?

In the city of Barcombe, there are 15.1 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 Barcombe is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.

Barcombe within East Sussex is notable for the type of people that live there. The statistics below show how this is the case.

As you read on, Barcombe will be looked at by comparing it to the local region, as well as comparing it to the wider region too (South East). 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 Barcombe.

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

When investors make offers for houses for sale in Barcombe, the average price asked by the homeowners works out to be £630,980.

In the table below, for all the different sizes of houses in the area, the average asking prices have been displayed. This tells you what kind of house is more or less expensive and sought after despite houses with fewer bedrooms being overall less expensive anyway.

Any house that looks like it is overpriced for the number of bedrooms it has in Barcombe is typically not overpriced. It is just the case that that type of housing has a higher demand, therefore, people are willing to pay more.

The average asking price for the houses for sale in the city of Barcombe

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £387,330
Average asking price (3 bed) £528,783
Average asking price (4 bed) £742,703
Average asking price (5 bed) £1,175,000

The tables should give you a generic view of what the prices of the houses for sale are like. To close things off in terms of the house asking price, the average asking price for the house for sale in the whole of Barcombe is £4,200. This should show you the general prices overall and for individual types of houses too.

In Barcombe, what are the rental yields?

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.

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 in to all the details of Barcombe.

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 (East Sussex) as well as the broader region; South East.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Barcombe 3.0% £1,577 no relevant data for this city 7.0%
East Sussex 3.51% £1,258 139.11% 13.90%
South East 3.58% £1,301 127.50% 16.69%

Also, you can compare other data to the table above such as the number of houses sold per month in Barcombe which is 6 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 Barcombe is to invest in. Both in terms of rental yield and capital appreciation.

Are there new houses being built in Barcombe to make it grow?

Whenever you are thinking about looking for houses for sale in Barcombe, 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
Barcombe growth rate 10% 23% 37%

As the population of Barcombe 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.

In general, what do houses for sale sell for in Barcombe?

In Barcombe, the average sale price of a house for sale is in fact £453,743. This is dependent on the 10 year population growth of Barcombe being 7%. Growing populations are more likely to inflate the prices of houses for sale in the city of Barcombe.

Housing category Total final sale price
Aerage sold price (detached) £595,955
Aerage sold price (semi-detached) £382,682
Aerage sold price (terraced) £307,415
Aerage sold price (flat) £216,775

The list below is able to inform you of what these prices are. Giving you an accurate estimate of whether a landlord is likely to accept your offer based on the prices of the houses for sale in Barcombe.

Housing category Sale price per square foot
Aerage sold price/sqft £3,800
Aerage sold price/sqft (new build) £3,860
Aerage sold price/sqft (old stock) £3,710

Evidently, certain types of houses for sale will have different types of demand and this will be reflected on the final price.

On average, the cost of a house for sale per square foot works out to be £4,000. This means if you are just looking out the houses sold in Barcombe in general and didn’t take into consideration the type of build. For example, a new build.