In the UK, there is a lot that goes into deciding on the right place to buy. The decision gets even more complex if you are buying for an investment as you will have to think a bit more logically rather than thinking emotionally when buying a property. In this article, we go over what the Rightmove data looks like for the city of Aberdaron so you can make the best decisions and make money on your property purchases. Getting involved in one of the 11 property deals that come off the market each month.
Properties to Rent in Aberdaron on Rightmove
What is the Rightmove data regarding social rent and affordable housing in Aberdaron?
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, 9% of individuals in Aberdaron rely on government rent and the average household income in the district is £34,188.24.
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.
Understanding education levels in the area of Aberdaron
In the city of Aberdaron, the population stands at 17138 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 £34,188.24. 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.
Properties for sale in Aberdaron on Rightmove
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 Aberdaron to other regions.
On Rightmove, how many planning permission applications are there based in Aberdaron?
In the UK, planning applications result in a success rate of 82% most of the time. In Aberdaron, people plan to make modifications to their properties and apply for planning permission with a planning success rate of 81%.
This is interesting data for investors in particular. An above average success indicates renovations are tried and tested and likely an investment from landlords. This is a great opportunity for investors to model what works in the area and do the same. On the other hand, a lower approval indicates there are more ambitious proposals in the area and of the 14 monthly planning applications in Aberdaron, property here is more difficult to conduct improvements on.
If you don’t want to deal with planning permission, consider buying a property as a leaseholder which means you don’t own the land and any planning permission is done by the freeholder who owns the land.
If you do this, you will have to look at when a leasehold expires as well as other disadvantages though. However, there are pros and cons of being a leaseholder or a freeholder. For instance, as a freeholder, you may have to evict a leaseholder in a process known as a forfeiture of lease. So, pay attention to the advantages and disadvantages and what path you actually want to go down.
How Rightmove listings in Aberdaron help you make an investment
In the area, average asking rents are around no relevant data for this city. 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 no relevant data for this city.
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 Aberdaron.
|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 the area, using Rightmove data, what are most people selling their property for?
In the area of Aberdaron in the UK, the average sold price of a property is around £236,828. This is based on the average of all of the types of property listed on Rightmove and other listing platforms. Take a look below to see how this average is made up:
|Type of property||Average sold price|
|Semi detached house||£195,165|
Linking rental yields with Rightmove property listings in Aberdaron
Rental yield in Aberdaron 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 Aberdaron’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.
A quick insight into Rightmove property Aberdaron
As you delve into the property landscape of Aberdaron in the region of Wales, Rightmove becomes an invaluable resource that provides data that can be looked at every month.
Some standard data that should be examined when trying to understand an area include the number of sales there are every month in the area, which falls at 11. Look at this in accordance with the population of the area, larger populations obviously will generally have more sales as there are more people living there and likely to sell their property. So, look at this as a factor and also check out this link to compare data for other cities in the area.
So, you can look at turnover which looks at property sales every year in relation to the number of houses that exist in the area anyway. Currently turnover is nan. Every decade population change should also be considered. This figure stands at 3% and positive changes generally show there is a growing population no matter if you are talking about a city or a wider region like Wales.
By analysing Rightmove in Aberdaron, is there a lot of green, outdoor space?
Green space is a vital element that is often compromised in different locations, hindering its availability. For instance, urban areas frequently fall short of the recommended benchmark of 6 acres of green space per thousand people. In Aberdaron, the available data reveals that there are 50.1 acres of green space per thousand residents. For health reasons, there should be 6 acres.
According to Rightmove data in Aberdaron, is it worth moving into a HMO?
When it comes to renting in Aberdaron, 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 no relevant data for this city 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 2 licensed HMOs in Aberdaron, giving you an idea of the variety and options available in the market.
What questions are asked most frequently?
How much does the average property cost in Aberdaron according to Rightmove data?
The average property price for the UK currently stands at £286,000. In the local area of Aberdaron, the average price of a house for sale in the area is £236,828
Are there any undisclosed expenses associated with property searches on Rightmove within Aberdaron?
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 a lot of crime in the area of Aberdaron according to Rightmove?
The current crime rate in Aberdaron is such that 8500% incidents are recorded for every 1000 residents.
How many monthly property sales does Aberdaron witness according to listing platforms?
To interpret the insights drawn by listing portals like Rightmove, begin by recognizing that the ongoing rate of houses sold per month is counted at 11 as of recent data.
On Rightmove, what is the average price of a three-bed property in Aberdaron?
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.