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Rightmove properties listed in the city of Barkestone-le-Vale

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ Rightmove properties listed in the city of Barkestone-le-Vale

Choosing the perfect location to buy property in the UK involves a lot of factors.
This piece discusses the nature of Rightmove (and other listing platforms) data for Barkestone-le-Vale, aiming to guide your investment decisions.
It’s worth noting that currently, 13 properties are listed for sale and sold on Rightmove in this area every single month so you have an idea of your options to pick from.
We will also go over the properties for rent in the area on Rightmove if you are looking to become a new tenant.

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According to Rightmove data from Barkestone-le-Vale, what properties are renting?

Barkestone-le-Vale’s demographics and income insights based on Rightmove data

In the city of Barkestone-le-Vale, the population stands at 21469 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 31% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £43,553.85. This information is significant for renters, as a higher percentage of degree holders compared to the regional average of 22.6% suggests that your neighbours are likely to be higher earners. While other factors influence neighbour quality too, considering the education level remains beneficial as you’d likely want to be around people you are similar to.

What is the Rightmove data regarding social rent and affordable housing in Barkestone-le-Vale?

It is well researched and understood that humans like to associate themself with similar people and this is why it’s important to find an area where people are earning a similar amount to you. The percentage of people who are renting from the government is 7% in Barkestone-le-Vale. And they have an average household income of £43,553.85. If you think these numbers are similar to your financial situation or reflect an area you want to live in, then this is a good sign.

Looking to rent? Find the most valuable data points for the process of renting below. See our full list of areas in the UK with data from Rightmove if you want to compare these rents to other areas in the UK.

On Rightmove, how are properties listed for sale?

Looking to buy a house? Rightmove offers a diverse selection of properties for sale. Some of these listings are sold to homeowners and some are sold to investors looking to make a return. Check out more data related to properties for sale in other areas by checking out our list of properties that are for sale throughout the UK if you are interested in comparing Barkestone-le-Vale to other regions.

An overview of Barkestone-le-Vale property in Rightmove from an investment perspective

In the area of Barkestone-le-Vale, Rightmove records consistent sales of 13 properties each month, generating an average yearly turnover of nan. This turnover is just from property sales relative to the properties that there already are and 8% is the population change over ten years.



All of these pieces of data should be looked at as a whole and considered based on what you are looking for as an investor. For example, if an area’s population is declining and their turnover is above average (22%), it could indicate that there are a large number of people moving out of the area.



Sometimes, you aren’t able to find the right property in your area on Rightmove. So, check out if you want to keep looking in your wider UK region of East Midlands by looking at further houses for sale here.

In the area, using Rightmove data, what are most people selling their property for?

In the area of Barkestone-le-Vale in the UK, the average sold price of a property is around £288,721. 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 £340,099
Semi detached house £217,393
Terraced house £195,991
Flat £122,637

Barkestone-le-Vale’s rental yield on Rightmove explained

A serious investor will know what yield is and how to work it out. The formula is true for Barkestone-le-Vale and everywhere else in the UK. Simply calculate net rental yield and the purchase price of the home and then divide the former by the latter. When this calculation is done, for Barkestone-le-Vale the figure is £0.
This £0 as a percentage is essentially the amount of money that a landlord makes from the deal in relation to the amount of money they have invested. Take a look at other calculations too like return on capital invested to get a return that is comparable to a direct “return on investment” calculation such as that of a bank.

Property investment opportunities presented on Rightmove in the city of Barkestone-le-Vale

In Barkestone-le-Vale, the average asking rent in the area is £994 and there is a table below that goes over the asking rent for every type of property there is. Also, in Barkestone-le-Vale, the average yield of properties is £0. A figure that can be used as a metric to gauge how profitable an investment is and compared to the national average of 4.4%.
See the table for a more extensive breakdown of how average asking rent is distributed.

Number of bedrooms Average asking rent
5 no relevant data for this city
4 no relevant data for this city
3 no relevant data for this city
2 no relevant data for this city
1 NG13

In terms of the number of planning permission applications on Rightmove, what should there be in Barkestone-le-Vale?

In the UK, planning applications result in a success rate of 82% most of the time. In Barkestone-le-Vale, people plan to make modifications to their properties and apply for planning permission with a planning success rate of nan.

This is interesting data for investors in particular. An above average success indicates renovations are tried and tested and likely an investment from landlords. This is a great opportunity for investors to model what works in the area and do the same. On the other hand, a lower approval indicates there are more ambitious proposals in the area and of the 15 monthly planning applications in Barkestone-le-Vale, property here is more difficult to conduct improvements on.

If you don’t want to deal with planning permission, consider buying a property as a leaseholder which means you don’t own the land and any planning permission is done by the freeholder who owns the land.

If you do this, you will have to look at when a leasehold expires as well as other disadvantages though. However, there are pros and cons of being a leaseholder or a freeholder. For instance, as a freeholder, you may have to evict a leaseholder in a process known as a forfeiture of lease. So, pay attention to the advantages and disadvantages and what path you actually want to go down.

How much green space do properties have in Barkestone-le-Vale according to Rightmove?

Green space is universally recommended but unfortunately often compromised in various locations. In cities, the amount of green space often falls below the recommended threshold of 6 acres of green space per thousand people.
In Barkestone-le-Vale, the current data indicates the presence of 19.2 acres of green space per thousand residents. By comparing this value to the recommended benchmark of 6, we can evaluate the sufficiency of green space in the area.

What are the number of HMOs on Rightmove that are licenced in the area of Barkestone-le-Vale?

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 Barkestone-le-Vale.
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 Barkestone-le-Vale, 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 no relevant data for this city.

Frequently asked Questions

Discover the mean property value in Barkestone-le-Vale as reported on Rightmove.

In Barkestone-le-Vale, the mean price for residential properties up for sale is £288,721. The mean price for the average property valuation across the UK is £286,000.

Does exploring properties on Rightmove within Barkestone-le-Vale come with any fees you may not be aware of?

It’s essential for landlords to stay alert to an array of costs that you could be subject to as a landlord. These may include, stamp duty rates, costs that may come up due to renovation and also making sure they are aware of the things you can write off as a landlord in a limited company as opposed to your personal name.

Based on Rightmove’s information, what’s the level of criminal activity in the Barkestone-le-Vale area?

In Barkestone-le-Vale, the prevailing crime rate results in 53 occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.

In Barkestone-le-Vale, how many sales per month are there according to listing portals?

13 properties are sold in the area every month. A figure you should pay attention to, particularly if you are an investor looking to

On Rightmove, how much does a three-bed property typically cost in Barkestone-le-Vale?

The average price for a property that has three bedrooms is no relevant data for this city. This can be compared to average property prices

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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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