With a blink of an eye, that’s it, we’ve passed the halfway point of the year. Firstly, we would like to say a huge thank you to everyone who has put their property for sale with us, all our amazing buyers and everyone who has been in touch. Since opening back in late March, we have been overwhelmed by how well we have been received. Once again, thank you so much.
Despite what many predicted to be a difficult year (we will try and avoid the “B” word!), us Barnsley folk have continued to show real resilience. The local property market has remained healthy, with a strong mix of sales and new properties being added to the market. Below we will look in more detail.
Let’s take a closer look at what happened in the Barnsley market (S70-S75) during the first half of the year
During that time, 1,597 properties were sold subject to contract. A breakdown of the sales is as follows:
Up to £125,000 –825 properties.
£125,001 – £250,000 – 637 properties
£250,001 – £500,000 –125 properties
Over £500,001 – 10 propert.ies
Properties up to £125,000 were the most popular price bracket, accounting for over half of the total sales in Barnsley. The higher end of the market (over £500,000) was surprisingly buoyant, with a property within the price bracket being sold, subject to contract, almost twice a month.
What were the most popular house types?
Barnsley has a diverse breakdown of house types. As a mining town, traditionally properties were made up predominantly of terraced homes. As the town has been developed, various new homes have been built which has created a true mix of different house types.
Below are the most popular house types:
Terraced – 524 sales (33%)
Semi-detached – 513 sales (32%)
Detached – 295 sales (18%)
Bungalows – 179 (11%)
Other – 86 sales (6%)
As you can see from the numbers above, terraced properties still account for the highest number of sales. However, the gap between terraced and semi-detached properties is very small. Considering the fact that Barnsley has a number of large new build sites currently under construction from the likes of Barratt Homes, Avant Homes, Harron Homes and others, it will be interesting to see if terraced properties still make up the majority of the sales for the first half of 2020.
The most popular postcodes were as follows:
S70 – 367 sales
S71 – 322 sales
S72 – 191 sales
S73 – 177 sales
S74 – 145 sales
S75 – 395 Sales
S70 and S75 were the most popular postcodes for the number of sales. This is to be expected, as both postcodes have the highest density of properties within their catchment.
If you are thinking about selling, try our online valuation calculator. It takes less than 60 seconds to fill in and will give you an indicative property valuation. If you need a more accurate figure, call us on 01226 44 88 44 to arrange a free, no obligation, valuation. If you would like some more information regarding the local housing market, we would be more than happy to help.
*figures taken from Rightmove intel (accounts for sales from agents who are currently marketing on Rightmove – please take the figures as indicative only).