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 Barnsley, aiming to guide your investment decisions.
It’s worth noting that currently, 38 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.
In Barnsley, what does the property sales data look like based on Rightmove?
How Rightmove listings in Barnsley help you make an investment
There is a fair amount of insight that you can gather from the city of Barnsley by looking at Rightmove data. You can use all of this data in order to invest properly armed with the right information. To begin, let’s have a look at the most important data that someone looks for when evaluating an investment in the area, £0 is the average rental yield and the average asking rent is £593.
The average for these figures are 4.4% and £1,143 respectively. You can make an investment work in any area and there is even less you won’t have to worry about these figures if you are buying to live in this home. So, look at the below figures with an element of reason and be prepared to make changes to the rent using a
section 13 rent increase as a landlord if there are changes in the economy and the cost to run a property goes up.
|Number of bedrooms||Average asking rent|
|2||no relevant data for this city|
|3||no relevant data for this city|
|4||no relevant data for this city|
|5||no relevant data for this city|
On average and according to Rightmove data, what do properties sell for?
When exploring the property market in Barnsley, UK, there is a lot of information that can be gathered on listing platforms and on Rightmove. The average sold price across all property types is approximately £137,180, this provides valuable insight into market trends.
Refer to the table below for a detailed breakdown of sold prices across different property categories.
|Property type||Average selling point|
In Barnsley, analysing Rightmove, what are the number of planning permission applications?
Applying for planning permission in Barnsley is something landlords tend to do if they want to add some value to their home. As of this month, there were 7 planning applications out of the 8,000 that roughly occur every month nationally. In order to further understand this figure, compare how large the population of the area is to this figure too.
The planning success rate of these applications is nan and the higher this is and the greater it is above the average success of 82%, the more likely it is that landlords are conducting easy renovations. This may therefore indicate that if you are looking to invest in property yourself in Barnsley too, there is a decent amount of opportunity to buy, renovate and make a profit.
Barnsley’s rental yield on Rightmove explained
Rental yield in Barnsley 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 Barnsley’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.
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 Barnsley is talked about below and in the following headings.
An overview of Barnsley property in Rightmove from an investment perspective
In the area of Barnsley, Rightmove records consistent sales of 38 properties each month, generating an average yearly turnover of 0.78. 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.
On Rightmove in Barnsley, what properties are available to rent?
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.
Barnsley’s demographics and income insights based on Rightmove data
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 £38,733.33 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.
Barnsley’s demographics also reveal a population of 190123 individuals and a percentage of people with degrees falling at 16%. 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.
In Barnsley, in terms of affordable housing and social rent, what does Rightmove data show?
There is often a negative stigma attached to affordable housing and social rent. If you are looking for Rightmove data concerning this, the percentage of people renting from the government is: 13%. Also, in Barnsley, the average amount that people earn per household is £38,733.33. These are not standalone figures so it is important to compare this data to other factors such as the crime rate and also visit an area in person to truly see what it is like. Take these figures with a pinch of salt as there are areas that are unsafe in the UK where people earn a higher wage such as some areas in Central London. On the other hand, there are places with high amounts of social rent where crime rate isn’t high at all like in Ardwick, Manchester. People earn a humble average household income of £30,450 yet the rate of crime is just 1 out of every 1000 people.
From Rightmove listings, what is the availability of green space in Barnsley
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 Barnsley, the available data reveals that there are 17.6 acres of green space per thousand residents. For health reasons, there should be 6 acres.
How many HMOs are licenced in the city of Barnsley on Rightmove?
The average asking price for a House in Multiple Occupation (HMO) in Barnsley is no relevant data for this city. Understanding this information is essential for anyone interested in saving some money on rent because Houses of Multiple Occupancy tend to be cheaper to rent than any other type of property.
By opting for shared living arrangements within a HMO, you can also get an ensuite in your room too. The average price of a room with an ensuite in a HMO in the city of Barnsley is no relevant data for this city and there are also nan in the area in total. This number of licenced HMO properties should be looked at in relation to the fact there are 56,000 properties that are licenced in the whole of the UK so you can see how much this area contains.
What questions are asked most frequently?
How much does the average property cost in Barnsley according to Rightmove data?
At present, within the confines of Barnsley, the mean price for houses listed for sale is £137,180.
In the process of property hunting on Rightmove in Barnsley, do hidden costs come into play?
Landlords need to be vigilant about various expenses, including stamp duty rates, capital gains tax, renovation expenditures, and the deductible costs applicable to properties in a personal name. (relevant for UK property)
According to Rightmove data, how prevalent is crime in Barnsley’s vicinity?
The ongoing crime rate in Barnsley indicates 13100% instances for every 1000 citizens.
How many monthly property sales does Barnsley 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 38 properties are being sold every month.
On Rightmove, how much does a three-bed property typically cost in Barnsley?
The average cost to rent a property with three bedrooms is no relevant data for this city. This can be weighed against the average property price trends.