In the UK, there is a lot that goes into deciding on the right place to buy. The decision gets even more complex if you are buying for an investment as you will have to think a bit more logically rather than thinking emotionally when buying a property. In this article, we go over what the Rightmove data looks like for the city of Barnston so you can make the best decisions and make money on your property purchases. Getting involved in one of the 13 property deals that come off the market each month.
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Properties to Rent in Barnston on Rightmove
In Barnston, in terms of affordable housing and social rent, what does Rightmove data show?
Through some digging, we found the level of social rent in the area. Currently, this figure is 3% as the percentage of people who are leasing directly from the government. In the area of Barnston, the average household income is £36,521.05 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.
Concerning Rightmove, what is the education level like in Barnston?
Within the city of Barnston, the population amounts to 17323 individuals. Among these residents, it is notable that approximately 32% hold a higher-level educational degree. Furthermore, the average household income in the area stands at £36,521.05. For renters, it is essential to recognize that if the percentage of degree holders surpasses the regional average of 22.6%, your neighbours are likely to have higher incomes. Although other factors influence neighbour quality, acknowledging educational achievements proves beneficial.
If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.
In Barnston, what does the property sales data look like based on Rightmove?
Linking rental yields with Rightmove property listings in Barnston
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 Barnston is no relevant data for this city.
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 no relevant data for this city for comparison.
Usually, when looking to invest in Barnston, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
A city such as Barnston has a fair amount of houses for sale on Rightmove. In the following headings, we go over all the relevant data related to Rightmove so you can begin the process of buying a house. Figuring out the best type of property to buy is a difficult process so it is useful to see all the relevant information condensed in one place.
On average and according to Rightmove data, what do properties sell for?
The average sold price of properties in Barnston, UK, available on Rightmove is £232,265. 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 |
|---|---|
| Flat | £110,785 |
| Terraced house | £168,846 |
| Semi-detached house | £208,554 |
| detached house | £303,447 |
An overview of Barnston property in Rightmove from an investment perspective
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 North West. However, you can find data for the wider region here.
| Data for Barnston | Average for the UK | |
|---|---|---|
| Turnover | nan | 19% |
| Property sales per month | 13 | 576,000 |
| Population growth over 10 years | 2% | 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 North West.
From Barnston’s Rightmove data, what are the number of planning permission applications?
In the UK, planning applications result in a success rate of 82% most of the time. In Barnston, people plan to make modifications to their properties and apply for planning permission with a planning success rate of 92%.
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 7 monthly planning applications in Barnston, 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 to invest in property in Barnston using Rightmove data
In Barnston, the average asking rent in the area is no relevant data for this city and there is a table below that goes over the asking rent for every type of property there is. Also, in Barnston, the average yield of properties is no relevant data for this city. 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 | CH61 |
How much outdoor space is there in Barnston?
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 Barnston, the current data indicates that there are 17.7 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.
How many HMOs are licenced in the city of Barnston on Rightmove?
The average asking price for a House in Multiple Occupation (HMO) in Barnston 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 Barnston 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?
Discover the mean property value in Barnston as reported on Rightmove.
Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Barnston, the mean selling price for houses in the area is £232,265. You can look at these two numbers and see if the price in the area is higher or lower than what is the average figure for the rest of the UK.
Does exploring properties on Rightmove within Barnston 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.
Does Rightmove data indicate a high occurrence of crime in the vicinity of Barnston?
The Barnston community presently experiences a crime rate where 3600% infractions are documented for every 1000 inhabitants. A reference point is the national average of 79.52 incidents for every 1000 individuals. So, if the crime rate in the area is above this figure, there is more crime than usual. If it is below this figure then there is less crime than usual.
What are the house sales per month in Barnston?
To comprehend the insights extracted from listing portals like Rightmove begin by acknowledging that the ongoing frequency of houses sold each month equates to 13. To learn more about houses for sale and why this data is important
On Rightmove, what is the average price of a three-bed property in Barnston?
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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