Deciding on the right property to purchase in the UK is a big deal. The decision to rent and where to rent is also a huge decision too. This article goes over the Rightmove data related to Abbotts Ann and analyses just how good of an area it is to find somewhere to buy or to rent.
By the end of the article, you should be able to make an informed decision and pick from the list of properties to rent or the 27 number of properties that are sold.
In Abbotts Ann, what property are people trying to rent on Rightmove?
Concerning Rightmove, what is the education level like in Abbotts Ann?
In the city of Abbotts Ann, the population stands at 23377 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 25% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £50,882.35. This information is significant for renters, as a higher percentage of degree holders compared to the regional average of 22.6% suggests that your neighbours are likely to be higher earners. While other factors influence neighbour quality too, considering the education level remains beneficial as you’d likely want to be around people you are similar to.
In Abbotts Ann, here’s what Rightmove data says about social rent and affordable housing
There is often a negative stigma attached to affordable housing and social rent. If you are looking for Rightmove data concerning this, the percentage of people renting from the government is: 10%. Also, in Abbotts Ann, the average amount that people earn per household is £50,882.35. These are not standalone figures so it is important to compare this data to other factors such as the crime rate and also visit an area in person to truly see what it is like. Take these figures with a pinch of salt as there are areas that are unsafe in the UK where people earn a higher wage such as some areas in Central London. On the other hand, there are places with high amounts of social rent where crime rate isn’t high at all like in Ardwick, Manchester. People earn a humble average household income of £30,450 yet the rate of crime is just 1 out of every 1000 people.
If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.
Will you be moving into somewhere with a lot of green space if you moved to Abbotts Ann?
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 Abbotts Ann, the current data indicates that there are 30.9 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 Abbotts Ann on Rightmove?
When it comes to renting in Abbotts Ann, 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 £567 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 Abbotts Ann, giving you an idea of the variety and options available in the market.
Home listings in Abbotts Ann on the platform of Rightmove
Linking rental yields with Rightmove property listings in Abbotts Ann
As you may be aware, rental yield is an extremely important metric to judge how effective a property is in terms of producing a return on investment. In the city of Abbotts Ann, there is an average of £0 for rental yield.
Abbotts Ann can be compared to the rest of the UK that tends to have an average of around 4.4% yield where the higher the yield the higher the return on the amount of money in the deal. This is because the area’s rental yield of £0 is first worked out by multiplying the monthly rent by twelve to find the annual rent. Then, you take away the associated costs of the property from the annual rental income to find the net rent. This net rent can then be divided by the purchase price and multiplied by 100 to find the rental yield as a percentage.
Exploring Abbotts Ann’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 Abbotts Ann||Average for the UK|
|Property sales per month||27||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.
How can property investments be made using Rightmove data?
In the area, average asking rents are around £1,309. This tends to differ depending on the size of the property you are buying and the number of rooms they have. You can read more about these metrics below. For reference, the yields in the area are £0.
Combining the data of yield with the price of rent can give you a good idea about the types of investments in the area. For instance, if a property has a low yield and also low rents, it is likely a lower return, single family buy to let in a less in demand area of Abbotts Ann.
|Average asking rent||Number of bedrooms in house|
|no relevant data for this city||5|
|no relevant data for this city||4|
|no relevant data for this city||3|
|no relevant data for this city||2|
In Abbotts Ann, analysing Rightmove, what are the number of planning permission applications?
The city of Abbotts Ann, according to Rightmove listings, has a commendable planning success rate of nan and there are around 21 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Abbotts Ann.
Every month, properties are sold on the platform of Rightmove in Abbotts Ann and you can explore the topics below related to sales that give you an overview of the market.
On average and according to Rightmove data, what do properties sell for?
By looking at the below table taken from Rightmove data, you can gain great insights into the property market of Abbotts Ann. With an overall sold price of approximately £302,638, according to Rightmove and further listing platforms such as Zoopla, buyers can now make an informed decision as to whether this suits their budget.
|Class of property||Average sale|
How much does the average property cost in Abbotts Ann according to Rightmove data?
In Abbotts Ann, the mean price for residential properties up for sale is £302,638. The mean price for the average property valuation across the UK is £286,000.
Does exploring properties on Rightmove within Abbotts Ann come with any fees you may not be aware of?
Costs that landlords should look out for include the rate of stamp duty, costs of renovation and also what the landlord deductible expenses are in a property based on if the property is a limited company or listed in your personal name.
Is there substantial criminal activity in the area around Abbotts Ann as indicated by Rightmove?
In Abbotts Ann, the prevailing crime rate results in 8100% 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 Abbotts Ann as reported by listing portals?
To comprehend the insights extracted from listing portals like Rightmove begin by acknowledging that the ongoing frequency of houses sold each month equates to 27. 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 Abbotts Ann?
The average cost to rent a property with three bedrooms is no relevant data for this city. This can be weighed against the average property price trends.