S71 (Barnsley) area guide
S71
Barnsley
The S71 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Ardsley, Athersley South, Barnsley, Carlton, Central, Crofton, Ryhill and Walton, Cudworth, Darfield, Dodworth, Low Laithes, Lundwood, Monk Bretton, New Lodge, Old Town, Penistone East, Rockingham, Royston, Smithies, St Helens, Stairfoot.
Notes:
A Mouseprice property guide for S71 Barnsley is coming soon. In the meantime, please have a look at the raw data and statistics about S71 that can be found by click the relevant links on the left hand side.
Old area guide:
The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.
Market trends:
The size of the property market in S71 is 18886 homes.
When growth averages 9% over a 5 year period, as in this postcode district, there are a number of possible explanations, for example that this isan area which has invested in improving housing stock, transport links or other local infrastructure. It may also suggest proximity to an area of economic growth such as one of the financial clusters (London, Leeds, Bristol etc.) or strong local presence in growth industries (for example investment in university facilities, attractiveness of an area to IT companies or other knowledge- based organisations).
The average property in this postcode district was valued at £110355 over the last 3 months.
Since most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 7.8. Given the low level of earnings in areas such as this, property prices face a ceiling unless outside impetus can be found for increases. Areas which typically have low earnings and low prices tend to be geographically isolated or suffer from outmoded transport infrastructure. They may also be situated in areas of economic difficulty which have not yet been the recipients of redevelopment or regeneration funding.
For those moving into an area like this, they may find that they are able to afford to buy a substantially bigger property than their previous home if they are able to secure employment outside the area.
Moving out of areas like this can be difficult without an offer of employment in a new location. This is because price growth lags in areas of economic deprivation, so owners there are not able to use their existing property as leverage to match their standard of living elsewhere.
New transactions as a percentage of overall sales are 18.3%.
Housing stock:
Over half of the properties in the area are Semi- Detached Houses, at 56.1% of the total housing stock.
The least common type of property in this area is Flats (6.9% of the total housing stock).
This is an area with a high proportion of property suitable for families with children.
A high proportion of property in this area is socially rented.
The majority of property in this area is owner occupied.
The average price of a two bed property in this area is £101258, significantly less then the national average of £187894.
Who lives here:
The population of this postcode district is 43301.
The average age in this area is 38.
This area has a high percentage of married people at 26.9%.
Average working hours in this area for men are 42 and for women are 30.
This area has 16.1 people per square kilometre.
The largest source of work in this area is Health & Social Work (21.9% of workers), followed by Wholesale & Retail (21%).