In this overview, we’ll delve into the Rightmove data for Aberbargoed, providing insight into Rightmove data and how this data can aid you in a profitable property purchase. Making a decision on where to buy property is an exciting opportunity and a milestone for a lot of people.
Also, knowing that there are 11 properties sold every month in the area should give you an idea of how often properties are selling and what kind of opportunity there is.
Properties to Rent in Aberbargoed on Rightmove
If you are looking to rent a property, consider the data below that will help you decide on renting your next premises.
Aberbargoed’s demographics and income insights based on Rightmove data
Within the city of Aberbargoed, the population amounts to 16329 individuals. Among these residents, it is notable that approximately 16% hold a higher-level educational degree. Furthermore, the average household income in the area stands at £31,375.00. For renters, it is essential to recognize that if the percentage of degree holders surpasses the regional average of 22.6%, your neighbours are likely to have higher incomes. Although other factors influence neighbour quality, acknowledging educational achievements proves beneficial.
In Aberbargoed, in terms of affordable housing and social rent, what does Rightmove data show?
It is well researched and understood that humans like to associate themself with similar people and this is why it’s important to find an area where people are earning a similar amount to you. The percentage of people who are renting from the government is 12% in Aberbargoed. And they have an average household income of £31,375.00. If you think these numbers are similar to your financial situation or reflect an area you want to live in, then this is a good sign.
According to Rightmove data in Aberbargoed, is it worth moving into a HMO?
Prospective tenants should be aware of the average asking price for a House in Multiple Occupation (HMO), which currently stands at no relevant data for this city.
Tenants should also consider how significant, if at all, the saving in rent is when comparing the price to rent in a normal house you do not have to share in Aberbargoed.
Renting an HMO can provide a more affordable alternative to traditional rental arrangements and for context, there are a predicted 13,500 licenced HMOs in London. In Aberbargoed, there are 3 for comparison so you are able to tell how abundant this type of property is.
Do not think that all HMOs have to be small rooms with a lack of space either, you also have the option to rent out a HMO with an ensuite. The average rents for this type of room stands at no relevant data for this city.
From Rightmove listings, what is the availability of green space in Aberbargoed
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 Aberbargoed, this is 28.2. Compare this figure of 6 which is recommended to have and the data for Aberbargoed to tell how much green space is around.
Home listings in Aberbargoed on the platform of Rightmove
How Rightmove listings in Aberbargoed help you make an investment
There is a fair amount of insight that you can gather from the city of Aberbargoed by looking at Rightmove data. You can use all of this data in order to invest properly armed with the right information. To begin, let’s have a look at the most important data that someone looks for when evaluating an investment in the area, no relevant data for this city is the average rental yield and the average asking rent is no relevant data for this city.
The average for these figures are 4.4% and £1,143 respectively. You can make an investment work in any area and there is even less you won’t have to worry about these figures if you are buying to live in this home. So, look at the below figures with an element of reason and be prepared to make changes to the rent using a
section 13 rent increase as a landlord if there are changes in the economy and the cost to run a property goes up.
|Number of bedrooms||Average asking rent|
|2||no relevant data for this city|
|3||no relevant data for this city|
|4||no relevant data for this city|
|5||no relevant data for this city|
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 Aberbargoed. With an overall sold price of approximately £110,075, 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|
A city such as Aberbargoed has a fair amount of houses for sale on Rightmove. In the following headings, we go over all the relevant data related to Rightmove so you can begin the process of buying a house. Figuring out the best type of property to buy is a difficult process so it is useful to see all the relevant information condensed in one place.
On Rightmove, how many planning permission applications are there based in Aberbargoed?
On Rightmove, there are a lot of people who plan to make amendments to their property and 8,000 people every month go through the process. In Aberbargoed, this number is 3 every month and the success rate for planning permission is 76%.
Rightmove records planning success as a good metric for investors to get a gauge on how familiar people are with renovating their homes. A higher success indicates investors have done improvements before and they are good at renovation. This suggests that if you are looking to buy in Aberbargoed, you may be able to do the same and make some money.
A look into Rightmove’s Aberbargoed property as an Investment
In the area of Aberbargoed, Rightmove records consistent sales of 11 properties each month, generating an average yearly turnover of nan. This turnover is just from property sales relative to the properties that there already are and 2% is the population change over ten years.
All of these pieces of data should be looked at as a whole and considered based on what you are looking for as an investor. For example, if an area’s population is declining and their turnover is above average (22%), it could indicate that there are a large number of people moving out of the area.
Sometimes, you aren’t able to find the right property in your area on Rightmove. So, check out if you want to keep looking in your wider UK region of Wales by looking at further houses for sale here.
A deep dive into rental yield and how this impacts Aberbargoed
Rental yield in Aberbargoed is no relevant data for this city as of 2023. However, this is not to say that there are not higher yields out there. When the economy was favourable for property in 2018. Yields were as high as 11% in places like Sheffield in some cases. However, an average, yet respectable figure you can expect from a property in the UK is around 4.4% so you can compare Aberbargoed’s yield of no relevant data for this city to see if you are above or below.
It is useful to note that even though a property may have a below average rental yield, it can still benefit from capital appreciation over time and this profit can be taken when the property is sold.
Frequently Asked Questions by Rightmove users
Uncover the typical property asking price in Aberbargoed through Rightmove data.
Currently, the average worth of a property in the UK stands at £286,000. Focusing locally on Aberbargoed, the mean selling price for houses in the area is £110,075. You can look at these two numbers and see if the price in the area is higher or lower than what is the average figure for the rest of the UK.
In the process of property hunting on Rightmove in Aberbargoed, do hidden costs come into play?
It’s essential for landlords to stay alert to an array of costs that you could be subject to as a landlord. These may include, stamp duty rates, costs that may come up due to renovation and also making sure they are aware of the things you can write off as a landlord in a limited company as opposed to your personal name.
Does Rightmove data indicate a high occurrence of crime in the vicinity of Aberbargoed?
The city of Aberbargoed currently has a crime rate where for every 1000 people who live there 11700% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.
What are the house sales per month in Aberbargoed?
To comprehend the insights extracted from listing portals like Rightmove begin by acknowledging that the ongoing frequency of houses sold each month equates to 11. To learn more about houses for sale and why this data is important
According to Rightmove, what’s the mean price of a three-bedroom property in Aberbargoed?
For properties encompassing three bedrooms, the typical asking price hovers around no relevant data for this city. This can be contrasted with the mean property valuations.