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 Acton, aiming to guide your investment decisions.
It’s worth noting that currently, 25 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.
We help you find the right agent
At lofti we want to simplify your life and help you buy, sell or rent your property. We have assembled all the agent in Acton to help you find the perfect agent for you
On Rightmove and in Acton, how many HMOs are licenced?
When it comes to renting in Acton, 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 11 licensed HMOs in Acton, giving you an idea of the variety and options available in the market.
Will you be moving into somewhere with a lot of green space if you moved to Acton?
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 Acton, this is 13.1. Compare this figure of 6 which is recommended to have and the data for Acton to tell how much green space is around.
Properties to Rent in Acton on Rightmove
Understanding education levels in the area of Acton
In the city of Acton, the population stands at 196966 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 30% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £54,216.99. 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.
What is the Rightmove data regarding social rent and affordable housing in Acton?
Through some digging, we found the level of social rent in the area. Currently, this figure is 4% as the percentage of people who are leasing directly from the government. In the area of Acton, the average household income is £54,216.99 too. This is another figure to reference and compare to the £34,000 average national salary to see who is in financial hardship. You may wonder why it is necessary to have this information and the answer is because it’s important you live in an area that suits your income as life is generally more enjoyable when you pick somewhere to live amongst others in a similar situation.
Not everyone wants to buy a house, in the below headings, we go over what is useful to know when renting a property instead. Consider paying letting agents fees if you don’t want to find tenants yourself. Also, once you have researched your area in detail, make sure you have the right AST to sign them with.
In Acton, what does the property sales data look like based on Rightmove?
Average sold prices of properties on Rightmove
When exploring the property market in Acton, UK, there is a lot of information that can be gathered on listing platforms and on Rightmove. The average sold price across all property types is approximately £375,498, this provides valuable insight into market trends.
Refer to the table below for a detailed breakdown of sold prices across different property categories.
Property type | Average selling point |
---|---|
detached house | £668,437 |
Semi-detached house | £479,940 |
Terraced house | £430,187 |
Flat | £284,726 |
Linking rental yields with Rightmove property listings in Acton
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 Acton is £0.
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 £0 for comparison.
Usually, when looking to invest in Acton, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
Every month, properties are sold on the platform of Rightmove in Acton and you can explore the topics below related to sales that give you an overview of the market.
A look into Rightmove’s Acton property as an Investment
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 Greater London. However, you can find data for the wider region here.
Data for Acton | Average for the UK | |
---|---|---|
Turnover | 0.72 | 19% |
Property sales per month | 25 | 576,000 |
Population growth over 10 years | 5% | 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 Greater London.
How Rightmove listings in Acton help you make an investment
In Acton, the average asking rent in the area is £1,342 and there is a table below that goes over the asking rent for every type of property there is. Also, in Acton, the average yield of properties is £0. A figure that can be used as a metric to gauge how profitable an investment is and compared to the national average of 4.4%.
See the table for a more extensive breakdown of how average asking rent is distributed.
Number of bedrooms | Average asking rent |
---|---|
5 | no relevant data for this city |
4 | no relevant data for this city |
3 | £795 |
2 | no relevant data for this city |
1 | CW5 |
In Acton, analysing Rightmove, what are the number of planning permission applications?
82 out of every 100 applications for planning permission in the UK results in a success according to recent data. When it comes to Acton, the people who own homes in this area have a rate of planning success of 87%. Individuals usually seek to modify their properties and apply for planning permission whenever they are trying to increase the value of a home.
This means investors should take note of this data in Acton. An above-average success rate indicates that property renovations have been proven to work and are repeatable or it could mean that a lot of the properties in the area are very simple in design. This presents an opportunity for investors to assess successful strategies in the area and adopt similar approaches and of the 15 that take place each month, this is likely the case a lot of the time.
What are some frequently asked questions?
Uncover the typical property asking price in Acton through Rightmove data.
The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Acton, the average cost of a home available for purchase is £375,498. You can compare these figures to see how far away this city is from the average.
When utilising Rightmove for finding property in Acton, are there any charges to consider?
Landlords should remain attentive to several financial considerations. These may include but are not limited to the costs of running the property, the rate of stamp duty and renovation costs.
Is there a lot of crime in the area of Acton according to Rightmove?
The Acton community presently experiences a crime rate where 10860% 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.
According to online listings, what’s the count of property transactions per month in Acton?
25 properties are sold in the area every month. A figure you should pay attention to, particularly if you are an investor looking to
According to Rightmove, what’s the mean price of a three-bedroom property in Acton?
The average cost to rent a property with three bedrooms is £795. This can be weighed against the average property price trends.
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