In this overview, we’ll delve into the Rightmove data for Barnsbury, providing insight into Rightmove data and how this data can aid you in a profitable property purchase. Making a decision on where to buy property is an exciting opportunity and a milestone for a lot of people.
Also, knowing that there are 41 properties sold every month in the area should give you an idea of how often properties are selling and what kind of opportunity there is.
Home listings in Barnsbury on the platform of Rightmove
Is it important to look at yield in Barnsbury in further detail?
Rental yield in Barnsbury is £0 as of 2023. However, this is not to say that there are not higher yields out there. When the economy was favourable for property in 2018. Yields were as high as 11% in places like Sheffield in some cases. However, an average, yet respectable figure you can expect from a property in the UK is around 4.4% so you can compare Barnsbury’s yield of £0 to see if you are above or below.
It is useful to note that even though a property may have a below average rental yield, it can still benefit from capital appreciation over time and this profit can be taken when the property is sold.
In Barnsbury, analysing Rightmove, what are the number of planning permission applications?
82 out of every 100 applications for planning permission in the UK results in a success according to recent data. When it comes to Barnsbury, the people who own homes in this area have a rate of planning success of nan. Individuals usually seek to modify their properties and apply for planning permission whenever they are trying to increase the value of a home.
This means investors should take note of this data in Barnsbury. An above-average success rate indicates that property renovations have been proven to work and are repeatable or it could mean that a lot of the properties in the area are very simple in design. This presents an opportunity for investors to assess successful strategies in the area and adopt similar approaches and of the 28 that take place each month, this is likely the case a lot of the time.
On average and according to Rightmove data, what do properties sell for?
The average sold price of properties in Barnsbury, UK, available on Rightmove is £641,233. See the below table to work out what the sold price is based on detached housing, semi-detached housing, terraced housing and flats.
|Category of property||Average price|
Every month, properties are sold on the platform of Rightmove in Barnsbury and you can explore the topics below related to sales that give you an overview of the market.
A look into Rightmove’s Barnsbury property as an Investment
When contemplating an investment property, you can look at the figures of turnover, the number of sales there are every month in the area, and the population change over ten years. The below table is related to the city rather than the wider area of Greater London. However, you can find data for the wider region here.
|Data for Barnsbury||Average for the UK|
|Property sales per month||41||576,000|
|Population growth over 10 years||23%||6.5%|
It is worth noting that the figures above will be useful if you compare them to the wider region of the UK of Greater London.
Property investment opportunities presented on Rightmove in the city of Barnsbury
In Barnsbury, the average asking rent in the area is £2,319 and there is a table below that goes over the asking rent for every type of property there is. Also, in Barnsbury, 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|
On Rightmove in Barnsbury, what properties are available to rent?
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.
Understanding education levels in the area of Barnsbury
If you are renting or looking to rent, it is good practice to recognise if in the area you are searching, the people have higher incomes. The average household income in this area is £54,216.99 and this figure on a nationwide level has an average of £34,000. It is important to understand this because you want to be in a location that suits your taste and budget.
Barnsbury’s demographics also reveal a population of 136745 individuals and a percentage of people with degrees falling at 46%. Keep this in mind too and compare it to the average percentage of degrees in the UK which is 22.6%. You don’t necessarily want to be around people you aren’t like or have nothing in common with.
What is the level of Rightmove affordable housing and social rent in Barnsbury?
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 37% in Barnsbury. And they have an average household income of £54,216.99. 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.
On Rightmove and in Barnsbury, how many HMOs are licenced?
Currently, the number of licensed HMOs stands at nan that come at an average price to rent of no relevant data for this city. You can also see the difference between the price of a standard HMO room and the average price of a HMO room with an ensuite which is £984.
This should give you an indication if it is worth the difference in price to upgrade to a room with a bathroom in Barnsbury. Understanding where is best to rent in Barnsbury involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.
By analysing Rightmove in Barnsbury, is there a lot of green, outdoor space?
Green space is highly recommended for everyone’s well-being, but it is often compromised. Urban areas, in particular, tend to have insufficient green space compared to the recommended benchmark of 6 acres per thousand people according to Fields in Trust seen here. In Barnsbury, the current data indicates that there are 13.1 acres of green space available per thousand residents. By comparing this figure to the recommended standard of 6, we can assess the adequacy of green space in the area based on Rightmove data.
Frequently Asked Questions by Rightmove users
Discover the mean property value in Barnsbury as reported on Rightmove.
At present, within the confines of Barnsbury, the mean price for houses listed for sale is £641,233.
When utilising Rightmove for finding property in Barnsbury, are there any charges to consider?
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 a lot of crime in the area of Barnsbury according to Rightmove?
The ongoing crime rate in Barnsbury indicates 17100% instances for every 1000 citizens.
What’s the frequency of property sales per month in Barnsbury as reported by listing portals?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 41 properties are being sold every month.
On Rightmove, what is the average price of a three-bed property in Barnsbury?
The mean asking price for a property featuring three bedrooms stands at £2,920.