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How much does a house for sale cost in Barnwood?

by | Nov 15, 2022

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

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Barnwood 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 Barnwood.

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

What are the people like in Barnwood?

In the city of Barnwood, how much green space remains for residents?

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 Barnwood currently has 20 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 Barnwood in this case.

Have the people of Barnwood grown in numbers?

In total, the number of people in Barnwood is 47341. This figure can be used to estimate the appreciation of the houses but it is also important you look at the population growth figure in order to make this more accurate.

Whether a large population benefits you as a landlord is dependent on what you want from a home. A large population is great if you have children who prefer the bustle of crowds in cities but there are also those who purposely want to buy somewhere rural.

You may also be able to find a balance of both where there are shops, restaurants and entertainment and also rural areas all within a short distance which may be the case ni Barnwood, depending on where exactly you are.

How has Barnwood changed in the past five years?

Five years provides enough time for a city to grow dramatically. It may be the case that the population grows or shrinks but the city of Barnwood has changed by 2%. Read more here

It is also helpful to compare this data to a longer time period like 10 years like in the below subheading. If the population trend of growth or decline has been there for a longer period of time you’ll be able to tell if 2% is a recent change or not.
Click here to know more on the UK population trends.

In the last decade, what is the difference in population in Barnwood?

8% has been the population growth change in the past 10 years.

Usually, this is more of a conservative figure compared to the five year change of a city.

Industrial changes can also be the reason for this shift but it could also be due to immigration or emigration. Bringing people in or out of the area.

The recent global pandemic has also shifted the number of people living in cities as people realise they can now work remotely. It may be that the people of a Barnwood have seen a more desirable way of working, moving to make themselves more comfortable in their careers.

For example, the population of the South west of England has seen a massive increase in population because workers want to move there to benefit from the slightly better weather, lower house prices and also the rural area. Nonetheless, they can also benefit from travelling to the capital city of the UK, London.

Is the education level of Barnwood important when buying a house?

In the city of Barnwood, 22% 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 Barnwood is £41,100.00.

This should correspond with the average percentage of people in the UK who have degrees at 22.6%.

How much do people in Barnwood earn?

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 Barnwood, the average income is £41,100.00. 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 16% to decide on what the demographics are like in the area.

What’s a social grade score and how does it relate to Barnwood?

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 Barnwood in grades A or B which are the highest skilled roles in the country is 16%.

Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £41,100.00 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 16%.

In Barnwood, what are the deprivation levels like?

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 Barnwood should give you a nice idea of the deprivation in the area.

Is the crime rate bad in the city of Barnwood?

For every one thousand people living in Barnwood, 10500% 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 10500% 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.

Barnwood in the county of Gloucestershire 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 Barnwood is located in; South West.

Below, these demographics are talked about in headings that explain how the city has grown, what the education levels are like in Barnwood, 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.

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

For the city of Barnwood, the average price a house sells for is £224,712. This value usually depends on the exact location of the house within Barnwood as well as other factors like the population growth which is 8% over a ten-year period.

Housing category Total final sale price
Aerage sold price (detached) £326,075
Aerage sold price (semi-detached) £207,651
Aerage sold price (terraced) £175,225
Aerage sold price (flat) £125,865

The above table puts this figure into perspective as you can see the various average sale prices of a house for the specific type of house you’re most interested in. This comparison is important because the type of house you’re considering to buy may be more or less in demand based on variations in supply and demand in the city of Barnwood.

Housing category Sale price per square foot
Aerage sold price/sqft £2,600
Aerage sold price/sqft (new build) £2,680
Aerage sold price/sqft (old stock) £2,500

Generalising the bottom table, the average value per square foot of a house for sale is £2,600. This value averages all of the types of houses for sale in Barnwood. So, if you’re not sure what type of house you want specifically, you can still get an idea of the real estate market of Barnwood.
Bear in mind that if you are a landlord looking to buy a property to rent, you will also run into other expenses like letting agent fees and the cost of listing your property for sale on Rightmove in your city.

Advice from experts on properties for sale in Barnwood

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

Asking price in Barnwood for a house for sale

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 Barnwood 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 £292,003.

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 Barnwood.

Average price of houses for sale in Barnwood

Average asking price (1 bed) no relevant data for this city
Average asking price (2 bed) £195,860
Average asking price (3 bed) £285,723
Average asking price (4 bed) £410,851
Average asking price (5 bed) £561,450

After looking at this table about prices of houses for sale in Barnwood, someone who is buying a home would have a detailed understanding of what kind of house for sale is available on the market that best suits the amount of money they are looking to invest. Also, using a more general figure like the average asking price per square foot of a property which is £0 will help them to have a more holistic understanding.

Why you should consider the average rental yield when searching for houses for sale in Barnwood

Assuming you are not looking for a house for sale in a certain area because of private reasons such as being close to a family member or you have been relocated to a new office, these are some of the factors to consider in order to understand if an investment is worth your money.

Investors typically look at data such as the average rental yield, the average asking price of rent per month, rent turnover and sale turnover. These KPIs give property investors a solid idea of how the market is performing in that area.

For the city of Barnwood, the below table demonstrates this well. To make things simple, it compares these numbers to the wider region of the UK; South West. As well as Gloucestershire, to give a smaller scale area to compare the data to.

Average Yield Average Asking rent Turnover (rental) Turnover (sale)
Barnwood £0 £1,017 no relevant data for this city £0
Gloucestershire 3.43% £1,097.53 129.75% 16.64%
South West 0.04 1,078.69 £1 17.35%

Assuming that in the future you want to re-sell the house you will eventually purchased in Barnwood you might be interested in the number of sales per month (42) that happen in the local housing market. Comparing this figure for Barnwood with the above table gives you a good understanding of the profitability of the area.

Are there more or fewer houses being built in Barnwood?

The growth of an area like Barnwood 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
Barnwood growth rate 7% 22% 28%

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

Are you considering other cities with houses for sale?

We have prepared a list of cities that are entirely dissimilar to the region of South West, perfect if you are looking for somewhere similar to Barnwood 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:

Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.

A house for sale that is right for you

When browsing houses for sale in Barnwood 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.

Frequently Asked Questions (FAQ)

Do properties in Barnwood have the potential for renovation?

Every single month in Barnwood, there are 13 planning applications, of which 84% result in a success. Look at this in terms of the population size of 47341 to work out if you think you’d have good planning success if you were to renovate.

On a monthly basis, how many property transactions take place in Barnwood?

In Barnwood, the monthly property transaction count reaches 42, a small percentage of the total house sales in the United Kingdom which equates to approximately 1.1 million.

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

For a comprehensive analysis of Barnwood’s population trends, observe the population fluctuation over a decade, indicated by 8%, and the five-year alteration represented by 2%. Perhaps also look at data from another nearby city too so you can see a comparison.

In the larger vicinity of Barnwood, what is the cost of houses available for sale?

Currently, the mean asking price of a house in Barnwood is £0, calculated using the average value per square foot

Is purchasing a house in Barnwood considered a costly decision?

Determine whether a property is expensive by comparing a list of houses for sale to the prevailing average selling prices. In Barnwood, this figure stands at £224,712, while the UK average is £286,500.

Buying a Home? Find Top-Rated Estate Agents in Barnwood

If you’re purchasing property in Barnwood? The right estate agent can make all the difference in guiding you through the home buying process. We understand how stressful and time-consuming finding an agent can be so we’ve compiled a list of the highest-rated real estate agencies in the area below. Our goal is to simplify your search and take you straight to reputable agents equipped to help buy your ideal home.

Estate agent name Phone number Address of agent Email Address
Pro Services 441452417500 53 Dunster Close Paul (paul@pro-services.co.uk);Nigel (nigel@pro-services.co.uk)
Michael Tuck – Abbeymead 441452768300 2 Mead Road, Abbeymead, Gloucester, GL4 5GL Phone number only
Taylors – Abbeydale Sales 441452679721 3 Glevum Way, Gloucester, GL4 4BL Phone number only
R B Walters Estate Agents 441452679055 Haven Cottage, Stroud Road, Brookthorpe,, GL4 0UQ Phone number only
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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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