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 Abridge, aiming to guide your investment decisions.
It’s worth noting that currently, 2 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.
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What are the number of HMOs on Rightmove that are licenced in the area of Abridge?
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 Abridge.
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 Abridge, 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 no relevant data for this city.
Will you be moving into somewhere with a lot of green space if you moved to Abridge?
In Abridge, the available data reveals that there are 27.0 acres of green space per thousand residents. By comparing this value to the recommended standard of 6, we can gauge the presence of green space in the area using statistics found on listing portals such as Rightmove.
Adequate green space is a valuable asset for all individuals as it has a huge impact on the mental and physical health of residents. Unfortunately, it is often compromised in numerous locations. For instance, in urban settings, the quantity of green space frequently falls short of the recommended measure of 6 acres of green space for every thousand individuals.
Properties to Rent in Abridge on Rightmove
Understanding education levels in the area of Abridge
In the city of Abridge, the population is 4290. Out of all of these people, it is worth noting the education level. 18% have a degree (a higher level educational degree). Also, the average household income of the area is £45,160.56. 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.
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.
What is the Rightmove data regarding social rent and affordable housing in Abridge?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 7% of individuals in Abridge 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 £45,160.56. Most people in the Uk earn around £34,000 which is convenient for comparison.
Properties for sale in Abridge on Rightmove
How Rightmove listings in Abridge help you make an investment
There is a fair amount of insight that you can gather from the city of Abridge 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 |
---|---|
1 | RM4 |
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 |
Is it important to look at yield in Abridge in further detail?
Rental yield is simply the annual amount of rent that is made from a property after expenses calculated as a percentage. As of 2023, the yield of Abridge is no relevant data for this city.
It is a wise idea to compare this figure to the rest of the UK. Areas with extremely high yields can get as high as 10% but on the low end where property is very expensive such as in Chelsea, London, yields can be as low as 1%. So use the figure of no relevant data for this city for comparison.
Usually, when looking to invest in Abridge, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
In Abridge, what are the number of planning permission applications on Rightmove?
The city of Abridge, according to Rightmove listings, has a commendable planning success rate of nan and there are around 8 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Abridge.
Investment analysis of Rightmove property in Abridge
In the area of Abridge, Rightmove records consistent sales of 2 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 7% 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 Greater London by looking at further houses for sale here.
The greater the number of sales per month in the area of Abridge, the more it could be argued that the property market is improving. As you read on, consider this factor amongst others such as the type of property that is in the area.
In the area, using Rightmove data, what are most people selling their property for?
The average sold price of properties in Abridge, UK, available on Rightmove is £567,113. 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 |
---|---|
Flat | £248,500 |
Terraced house | £433,139 |
Semi-detached house | £499,550 |
detached house | £757,975 |
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