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What kind of listings are on the platform Rightmove in Bar End?

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ What kind of listings are on the platform Rightmove in Bar End?

15 properties are sold from Rightmove and other listing platforms every single month in the UK. In this article we plan to go over how to buy one of these properties and also how to rent from the platform of Rightmove too.
Bar End contains a lot of information so read carefully and start to consider how to make sure you are involved in a beneficial property deal, whether you are buying or renting.

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Home listings in Bar End on the platform of Rightmove

It is worth noting that the more homes sell on a monthly basis, the more buyers and competition there tend to be. This figure for Bar End is talked about below and in the following headings.

On average and according to Rightmove data, what do properties sell for?

In the area of Bar End in the UK, the average sold price of a property is around £458,647. This is based on the average of all of the types of property listed on Rightmove and other listing platforms. Take a look below to see how this average is made up:

Type of property Average sold price
detached house £692,753
Semi detached house £480,292
Terraced house £472,790
Flat £277,891

How Rightmove listings in Bar End help you make an investment

Based on Rightmove, there is a lot of data you can gather about Bar End and there is a lot that can go towards making the decision to invest. So, the average rental yield of the area is £0. and the average asking rent based on Rightmove data is £1,302. In general, the higher this figure is for asking rent, the more the mortgage payments will likely be when you buy the property, hence the rental income has to go up in order to pay it off. It is also useful to find out the asking rent property by property. First of all, the average rent for a one bedroom property is SO23, for a two bed is, £1,000, a three bed is £1,380. Finally, a four bed average asking price is £1,826, and a five bed, £1,961. Comparing these prices should allow you to work out what property to buy based on your budget and the mortgage that fits the average asking rent.

In Bar End, analysing Rightmove, what are the number of planning permission applications?

On Rightmove, there are a lot of people who plan to make amendments to their property and 8,000 people every month go through the process. In Bar End, this number is 14 every month and the success rate for planning permission is nan.
Rightmove records planning success as a good metric for investors to get a gauge on how familiar people are with renovating their homes. A higher success indicates investors have done improvements before and they are good at renovation. This suggests that if you are looking to buy in Bar End, you may be able to do the same and make some money.

A look into Rightmove’s Bar End property as an Investment

When weighing up an investment property, take into careful consideration the data provided by Rightmove as if you use them the right way, you can really use them to make informed decisions.



By closely examining the monthly property sales volume in the area and looking at this in relation to the number of homes there are (currently 15 properties are sold each month), you can work out the turnover too, which is 0.65 in Bar End.



Even if these figures appear to be positive, it is still worth looking at other factors like the population difference over ten years which is 9%. Also comparing this data to an area slightly bigger, such as South East by visiting our page for this, you can find additional data to help you on your search too.

Is it important to look at yield in Bar End in further detail?

Rental yield is simply the annual amount of rent that is made from a property after expenses calculated as a percentage. As of 2023, the yield of Bar End is £0.
It is a wise idea to compare this figure to the rest of the UK. Areas with extremely high yields can get as high as 10% but on the low end where property is very expensive such as in Chelsea, London, yields can be as low as 1%. So use the figure of £0 for comparison.
Usually, when looking to invest in Bar End, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.

On Rightmove and in Bar End, how many HMOs are licenced?

Prospective tenants should be aware of the average asking price for a House in Multiple Occupation (HMO), which currently stands at no relevant data for this city.
Tenants should also consider how significant, if at all, the saving in rent is when comparing the price to rent in a normal house you do not have to share in Bar End.
Renting an HMO can provide a more affordable alternative to traditional rental arrangements and for context, there are a predicted 13,500 licenced HMOs in London. In Bar End, there are nan for comparison so you are able to tell how abundant this type of property is.
Do not think that all HMOs have to be small rooms with a lack of space either, you also have the option to rent out a HMO with an ensuite. The average rents for this type of room stands at £623.

How much green space do properties have in Bar End according to Rightmove?

Green space is a vital element that is often compromised in different locations, hindering its availability. For instance, urban areas frequently fall short of the recommended benchmark of 6 acres of green space per thousand people. In Bar End, the available data reveals that there are 30.9 acres of green space per thousand residents. For health reasons, there should be 6 acres.

Properties to Rent in Bar End on Rightmove

What is the outlook for social rent and affordable housing according to Rightmove in Bar End?

Through some digging, we found the level of social rent in the area. Currently, this figure is 23% as the percentage of people who are leasing directly from the government. In the area of Bar End, the average household income is £50,882.35 too. This is another figure to reference and compare to the £34,000 average national salary to see who is in financial hardship. You may wonder why it is necessary to have this information and the answer is because it’s important you live in an area that suits your income as life is generally more enjoyable when you pick somewhere to live amongst others in a similar situation.

Analysing the rate of education in Bar End from Rightmove

In the city of Bar End, the population is 22073. Out of all of these people, it is worth noting the education level. 45% have a degree (a higher level educational degree). Also, the average household income of the area is £50,882.35. This is important to understand for renters as if the degree level is above the average of 22.6%, your neighbours will likely be higher earners. This is not always the case and there are still other factors that determine the quality of your neighbours but taking a note of the degree is always useful.

Sometimes, buying isn’t suitable for everyone. Fortunately, renting is also an option and there is a lot of data that can be gathered from Rightmove for this too.

Frequently Asked Questions by Rightmove users

How much does the average property cost in Bar End according to Rightmove data?

The average property price for the UK currently stands at £286,000. In the local area of Bar End, the average price of a house for sale in the area is £458,647

In the process of property hunting on Rightmove in Bar End, do hidden costs come into play?

Landlords should remain attentive to several financial considerations. These may include but are not limited to the costs of running the property, the rate of stamp duty and renovation costs.

Is there substantial criminal activity in the area around Bar End as indicated by Rightmove?

In Bar End, the prevailing crime rate results in 13800% occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.

How many monthly property sales does Bar End witness according to listing platforms?

To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 15 properties are being sold every month.

According to Rightmove, what’s the mean price of a three-bedroom property in Bar End?

Properties with three bedrooms command an average asking price of £1,380. This can be juxtaposed with the mean property price of the entire united kingdom which is £286,000. Or, for a more accurate figure, you can compare it to the average price of a three bed property in the UK which is £283,706.

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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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