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 Abbotskerswell, aiming to guide your investment decisions.
It’s worth noting that currently, 41 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.
On Rightmove and in Abbotskerswell, how many HMOs are licenced?
When it comes to renting in Abbotskerswell, it’s important to consider the average asking price for a House in Multiple Occupation (HMO), which is no relevant data for this city. This data is particularly valuable for individuals seeking affordable rental options or like the idea of renting with housemates. If you are looking for more of an expensive property, there are £551 HMO properties with an ensuite too. Contrary to what you may believe, not all HMOs have to be cramped with a lack of space. A HMO with an ensuite will mean you won’t have to come out of your room to use the bathroom, making things very convenient.
According to the most recent Rightmove data, there are a total of nan licensed HMOs in Abbotskerswell, giving you an idea of the variety and options available in the market.
How much outdoor space is there in Abbotskerswell?
Green space is something that is recommended to everyone to have but then again, it is often compromised in a lot of locations. For instance, in cities, the amount of green space is often well below the recommended figure of 6 acres of green space for every thousand people. In Abbotskerswell, this is 17.1. Compare this figure of 6 which is recommended to have and the data for Abbotskerswell to tell how much green space is around.
On Rightmove in Abbotskerswell, what properties are available to rent?
What is the outlook for social rent and affordable housing according to Rightmove in Abbotskerswell?
Not everyone is inclined to purchase a house and in fact, some people are actually struggling with renting to the extent that they have to rent from the government. According to data scraped from Rightmove and listing portals that are popular in the UK, 6% of individuals in Abbotskerswell rely on government rent and the average household income in the district is £39,730.00.
Always visit an area too to find out what the area is truly like and compare these figures to the national averages of 22.6% (on social rent) and £34,000 (in household earnings per year). Most people prefer to live amongst people where their incomes are similar.
If you are a tenant, perhaps move in as a lodger in an excluded tenancy agreement instead of as an assured tenant. While you have fewer rights, a tenancy may be easier to secure.
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.
How to examine income data from Rightmove for Abbotskerswell
In the city of Abbotskerswell, the population is 53123. Out of all of these people, it is worth noting the education level. 24% have a degree (a higher level educational degree). Also, the average household income of the area is £39,730.00. This is important to understand for renters as if the degree level is above the average of 22.6%, your neighbours will likely be higher earners. This is not always the case and there are still other factors that determine the quality of your neighbours but taking a note of the degree is always useful.
A list of properties for Sale in Abbotskerswell on Rightmove
Is it important to look at yield in Abbotskerswell in further detail?
A serious investor will know what yield is and how to work it out. The formula is true for Abbotskerswell and everywhere else in the UK. Simply calculate net rental yield and the purchase price of the home and then divide the former by the latter. When this calculation is done, for Abbotskerswell the figure is £0.
This £0 as a percentage is essentially the amount of money that a landlord makes from the deal in relation to the amount of money they have invested. Take a look at other calculations too like return on capital invested to get a return that is comparable to a direct “return on investment” calculation such as that of a bank.
On Rightmove, how many planning permission applications are there based in Abbotskerswell?
Applying for planning permission in Abbotskerswell is something landlords tend to do if they want to add some value to their home. As of this month, there were 25 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 Abbotskerswell too, there is a decent amount of opportunity to buy, renovate and make a profit.
How Rightmove listings in Abbotskerswell help you make an investment
Rightmove data can tell you a lot about the average asking rents of the area of Abbotskerswell. For example, the table below goes over how rents are distributed according to the number of rooms in the property. Also, the national figure for rental yield that is most common is 4.4%. The £0 which is the average yield of rent in the area can be compared for reference.
Read on to see what kind of rent you are looking to charge if you bought a property to see what size is best. Bear in mind as you do so that the average amount of rent that is asked for is £877.
|no relevant data for this city||5|
|no relevant data for this city||4|
|no relevant data for this city||2|
Exploring Abbotskerswell’s real estate investment potential on Rightmove
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 South West. However, you can find data for the wider region here.
|Data for Abbotskerswell||Average for the UK|
|Property sales per month||41||576,000|
|Population growth over 10 years||9%||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 South West.
Average sold prices of properties on Rightmove
When exploring the property market in Abbotskerswell, 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 £251,982, 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|
Looking to buy a house? Rightmove offers a diverse selection of properties for sale. Some of these listings are sold to homeowners and some are sold to investors looking to make a return. Check out more data related to properties for sale in other areas by checking out our list of properties that are for sale throughout the UK if you are interested in comparing Abbotskerswell to other regions.
Frequently asked Questions
In the city of Abbotskerswell, what is the median property price?
At present, within the confines of Abbotskerswell, the mean price for houses listed for sale is £251,982.
Are there any undisclosed expenses associated with property searches on Rightmove within Abbotskerswell?
Vigilance is key for landlords, encompassing factors like the stamp duty rate, renovation expenses, and the potential deductible costs based on whether the property is incorporated as a limited company or under your personal name.
Based on Rightmove’s information, what’s the level of criminal activity in the Abbotskerswell area?
In Abbotskerswell, the prevailing crime rate results in 6900% occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.
What’s the frequency of property sales per month in Abbotskerswell as reported by listing portals?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, consider that 41 properties are being sold every month.
According to Rightmove, what’s the mean price of a three-bedroom property in Abbotskerswell?
The mean asking price for a property featuring three bedrooms stands at £860.