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As a landlord, whenever you are looking at houses for sale in Leicestershire, you could find varying prices throughout an area like Barlestone. In this article, this data will be simplified so you can find all of the data on one, convenient page.
So, from the rental yield of Barlestone to the success you may expect to get when submitting planning permission. Everything you need to know about house for sale in the UK and in Barlestone will be revealed. Keep reading.
Other cities in different locations you can consider to buy property
You can consult our list below that goes over a list of cities not necessarily in West Midlands, allowing you to find similar places to Barlestone:
- capel-iwan in West Midlands
- apsley in West Midlands
- beaconsfield in West Midlands
- bedchester in West Midlands
- down-thomas in West Midlands
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
In Barlestone, what do houses for sale tend to sell for?
For the city of Barlestone, the average price a house sells for is £301,961. This value usually depends on the exact location of the house within Barlestone as well as other factors like the population growth which is 9% over a ten-year period.
| Housing category | Total final sale price |
|---|---|
| Aerage sold price (detached) | £382,883 |
| Aerage sold price (semi-detached) | £218,696 |
| Aerage sold price (terraced) | £196,563 |
| Aerage sold price (flat) | £209,533 |
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 Barlestone.
| Housing category | Sale price per square foot |
|---|---|
| Aerage sold price/sqft | £2,710 |
| Aerage sold price/sqft (new build) | £2,620 |
| Aerage sold price/sqft (old stock) | £2,600 |
Generalising the bottom table, the average value per square foot of a house for sale is £2,710. This value averages all of the types of houses for sale in Barlestone. 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 Barlestone.
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.
Finding the ideal house for sale for you
Many criteria impact the price of houses for sale in Barlestone.
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.
What are the asking prices for the houses for sale in the city of Barlestone?
Table showing the asking prices for houses for sale in Barlestone
| Average asking price (1 bed) | no relevant data for this city |
| Average asking price (2 bed) | no relevant data for this city |
| Average asking price (3 bed) | £309,936 |
| Average asking price (4 bed) | £592,852 |
| 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 Barlestone is £0. This should show you the general prices overall and for individual types of houses too.
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 Barlestone is £442,371.
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 Barlestone is useful when negotiating and knowing what to expect for every type of house for sale.
Why you should consider the average rental yield when searching for houses for sale in Barlestone
Let’s consider that you’re not looking to buy a house for sale to live in for the long term future such as if you changed location with your family and want to settle down and you want to find somewhere to buy as an investor in Barlestone. If this is the case, rental yield is a crucial statistic to consider.
If looking to invest, you should also consider other data about the area. The average rental income, the turnover of the sale of the house and what the net rental yields are like for the area do also have an impact on the final price of houses for sale in Barlestone.
It is clear to see from the table below that there is a difference between all of these pieces of information and how they can be compared and contrasted on a county level (Leicestershire), a regional level (West Midlands) and finally on the level of the city talked about in this article, Barlestone.
| Average Yield | Average Asking rent | Turnover (rental) | Turnover (sale) | |
|---|---|---|---|---|
| Barlestone | £0 | £975 | no relevant data for this city | £0 |
| Leicestershire | 3.36% | £869.26 | 102.50% | 16.04% |
| West Midlands | 0.04 | 876.64 | £1 | 20.00% |
You may also find it useful to compare the data above to the number of properties sold per month Barlestone experiences. This figure for house sales per month is 6. Looking at all this information holistically is what a smart investor should do when deciding on the right area for investment before looking for houses for sale.
Are there more or fewer houses being built in Barlestone?
The growth of an area like Barlestone 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 | |
|---|---|---|---|
| Barlestone growth rate | 18% | 33% | 32% |
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 Barlestone if you want to find out the exact reasons for the housing change.
What kind of demographics does the city of Barlestone have?
For the city of Barlestone, what is the education level?
Interestingly, the percentage of people who have a degree in the city of Barlestone is 28%. 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 Barlestone is £46,500.00.
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.
What is the social grade score of Barlestone?
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 Barlestone 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 Barlestone, the percentage of people who work in the two highest skilled categories of this scale (A and B) is 31%.
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 |
What is the population of Barlestone?
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 Barlestone is 10552.
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 Barlestone.
In Barlestone, 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 Barlestone 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.
Barlestone population difference over 10 years?
The population has adjusted in the area of Barlestone by 9% 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 Barlestone.
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.
Are the people of Barlestone deprived?
The deprivation levels of the UK can vary quite a bit. High deprivation levels signal a particular area has people who are struggling to make ends meet and pay for basic living expenses. For Barlestone, in particular, the deprivation levels are £0.
This figure can be contrasted with the deprivation levels of the UK of 33% to see if the levels are below or above average.
What salary does the community in Barlestone take home?
While not always the case, the amount people earn can be associated with better schools in the area and perhaps a nicer environment to live in.
£46,500.00 is the average household income of the area. And the higher this figure is the more likely it is that there is a higher percentage of people with a social grade score in the A or B categories which is 31% for Barlestone.
In Barlestone, what is the crime rate?
Within Barlestone, the number of people committing crimes is 4700% per 1000 people. This figure directly relates to the safety of residents in the area which is one of the biggest factors in whether an area is considered desirable or not.
As a result, someone looking to buy a house here hoping for it to appreciate in value or buying a house here to produce rental income should check out the crime rate and compare it carefully to the UK average of 79.52 for every 1000 people to see how safe people living there will be.
If the area’s crime rate is too high, this may result in you having to pay for the renovation of burglaries or pay a premium on home insurance as insurance companies will charge you more for living in a dangerous area. So analyse this 4700% figure carefully.
Do the people of Barlestone get to enjoy green space?
Providing the right amount of green space for people in the UK is a difficult subject because there are clear benefits for human health but at the same time, it is hard to make sure all areas of the UK can get enough greenery. This is a result of land being already in use in cities where most people live.
In Barlestone, 32 is the amount of acres of outdoor space there is for every 1000 people. Charities such as ‘Fields in Trust’ recommend there to be at least 6 acres. This should allow you to conclude whether this green space is sufficient for you if you are interested in buying in Barlestone.
The city of Barlestone, situated in Leicestershire, is a particularly impressive part of the UK because of the specific demographics of the location.
In the below headings, the city of Barlestone and its demographics will be compared to its wider location (West Midlands). This includes population size, growth and population education now and into the future.
These statistics are heavily influenced by socio-economic factors and as a result this also shapes the projected house price of the houses for sale in Barlestone. So, taking a good look at the data is essential to understand the area you are considering to buy in.
Professional advice for houses for sale in Barlestone
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.
F.A.Q.
Do properties in Barlestone offer renovation potential?
Amidst the urban landscape of Barlestone, an intriguing figure for determining if a property can be renovated is the success of planning permission. The monthly total of planning applications in the area is 10 and on the other hand, there is a planning success rate of nan. It is also useful to take into consideration the population size of the area (10552).
How many property sales occur per month in Barlestone?
Barlestone boasts a monthly total of 6 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
In a city like Barlestone, what’s the yearly fluctuation in population?
To assess the shifts in Barlestone’s population over time, analyse how the population has altered. Look at the ten year change of population of 9%, alongside the five-year change of 5%.
What are the asking rates for houses for sale in the surrounding area of Barlestone?
The current average price per square foot for a house in Barlestone stands at £0, considering the mean cost for each square foot of houses for sale there.
Is purchasing a house in Barlestone considered a costly decision?
To assess the affordability of a property, locate a house for sale and contrast it with the mean selling prices. In Barlestone, the value is £301,961, whereas the UK’s mean is £286,500
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