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 Abergwili, aiming to guide your investment decisions.
It’s worth noting that currently, 12 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.
Will you be moving into somewhere with a lot of green space if you moved to Abergwili?
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 Abergwili, this is 20.8. Compare this figure of 6 which is recommended to have and the data for Abergwili to tell how much green space is around.
According to Rightmove data in Abergwili, 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 Abergwili.
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 Abergwili, there are nan 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 £457.
In Abergwili, what does the property sales data look like based on Rightmove?
What are properties sold for on average on Rightmove?
The average sold price of properties in Abergwili, UK, available on Rightmove is £167,825. See the below table to work out what the sold price is based on detached housing, semi-detached housing, terraced housing and flats.
|Category of property||Average price|
Property investment opportunities presented on Rightmove in Abergwili
Based on Rightmove, there is a lot of data you can gather about Abergwili and there is a lot that can go towards making the decision to invest. So, the average rental yield of the area is no relevant data for this city. and the average asking rent based on Rightmove data is no relevant data for this city. In general, the higher this figure is for asking rent, the more the mortgage payments will likely be when you buy the property, hence the rental income has to go up in order to pay it off. It is also useful to find out the asking rent property by property. First of all, the average rent for a one bedroom property is SA31, for a two bed is, no relevant data for this city, a three bed is no relevant data for this city. Finally, a four bed average asking price is no relevant data for this city, and a five bed, no relevant data for this city. Comparing these prices should allow you to work out what property to buy based on your budget and the mortgage that fits the average asking rent.
On Rightmove, how many planning permission applications are there based in Abergwili?
The city of Abergwili, according to Rightmove listings, has a commendable planning success rate of nan and there are around 5 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Abergwili.
A city such as Abergwili 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.
Linking rental yields with Rightmove property listings in Abergwili
Rental yield in Abergwili 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 Abergwili’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.
Investment analysis of Rightmove property in Abergwili
In the area of Abergwili, Rightmove records consistent sales of 12 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 4% 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.
On Rightmove in Abergwili, what properties are available to rent?
Abergwili’s demographics and income insights based on Rightmove data
In the city of Abergwili, the population stands at 17254 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 27% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £34,972.22. 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.
To rent a property, the below subheadings go over everything relevant for those looking to rent out a house.
What is the level of Rightmove affordable housing and social rent in Abergwili?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 9% of individuals in Abergwili rent from the government or housing associations compared to the national average of 20.7%.
In general, if the percentage of people who have government housing is below the national average, you are more likely to see smaller houses. This may not be a bad thing as it all depends on personal preference and there are also other factors that contribute to the general feel of the area like household income which is £34,972.22. Most people in the Uk earn around £34,000 which is convenient for comparison.
Frequently Asked Questions by Rightmove users
How much does the average property cost in Abergwili according to Rightmove data?
The average property price for the UK currently stands at £286,000. In the local area of Abergwili, the average price of a house for sale in the area is £167,825
Are there any undisclosed expenses associated with property searches on Rightmove within Abergwili?
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.
Is there a lot of crime in the area of Abergwili according to Rightmove?
The Abergwili community presently experiences a crime rate where 13900% infractions are documented for every 1000 inhabitants. A reference point is the national average of 79.52 incidents for every 1000 individuals. So, if the crime rate in the area is above this figure, there is more crime than usual. If it is below this figure then there is less crime than usual.
What are the house sales per month in Abergwili?
To evaluate what listing portals like Rightmove would infer about the amount of properties that are being sold, you can look at the houses sold each month which is 12. Typically, the higher this figure is, the more likely it is that this area is highly sought after and there is a strong buyer demand. Check out the property sales in a similar area in order to find a comparison.
On Rightmove, what is the average price of a three-bed property in Abergwili?
The average price for a property that has three bedrooms is no relevant data for this city. This can be compared to average property prices