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Welcome to the Barnsley property report for 2019, from NestledIn Estate Agents. Where does the time go? Not just a year, a whole decade has passed! In a year which had its many challenges (Brexit and a General Election to name a few), the local property market has remained somewhat resilient. According to Zoopla, the average sale price in Barnsley over the year was £148,438, and values have dropped by £469 (0.31%).
On another note, 2019 was the year we opened. A huge thank you to everyone who has bought, sold, read our blogs, liked our Facebook page or watched our videos. It’s been a great year, and we can’t wait to see what this year, and this decade brings! Now back to what you all came here for…
Let’s take a closer look at what happened in the Barnsley property market (S70-S75) during 2019:*
During that time, 2873 properties were sold subject to contract. A breakdown of the sales are as follows:
Up to £100,000 – 1047 properties
£100,001 – £200,000 – 1354 properties
£200,001 – £300,000 – 358 properties
£300,001 – £500,000 – 97 properties.
Over £500,001 – 17
Properties with an asking price of up to £200,000 were the most popular sale price. Interestingly, on average, a property over £500,000 was sold at least every month.
Barnsley has a diverse breakdown of house types. In 2019, the most popular house type sales were as follows:
Semi-detached – 913 sales (32%)
Terraced/townhouse – 986 sales (34%)
Detached – 480 sales (17%)
Bungalows – 317 sales (11%)
Flats/apartments – 107 sales (4%)
Other – 70 sales (2%)
S70 – 651 sales
S71 – 600 sales
S72 – 351 sales
S73 – 334 sales
S74 – 254 sales
S75 – 683 Sales
The highest priced sale we could find on Rightmove was a property in Hood Green with an asking price of over £1.2 million. Congratulations to the new owner(s) of this beautiful home. The lowest price property sale we found was a terraced property in Darton, which was listed with an asking price of £12,500 to purchase a 25% equity share. Congratulations to the new owner(s). From what we can see, you’ve bought a real bargain!
If we follow historic trends, the market will bounce back in January before peaking during the Spring rush. We feel this bounce will be compounded by Brexit finally having some closure and political certainty being established following the December election.
January is a great time to sell. As a seller, you take advantage of the many buyers who have made “moving home resolutions” and you miss the Spring rush. A great cocktail to attract buyers, whilst not having the competition you would have during Spring. Why not give us a call and ask us out to appraise your property?
If you would like any further information regarding the Barnsley property market, please feel free to contact NestledIn on 01226 44 88 44 or email hello@nestledin.co.uk and a member of our friendly team would love to help.
* all of the above figures have been taken from Rightmove intel (accounts for sales from agents who are currently marketing on Rightmove).