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What is the property market like in Adbaston on Rightmove?

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ What is the property market like in Adbaston on Rightmove?

In this overview, we’ll delve into the Rightmove data for Adbaston, 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 4 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.

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In Adbaston, what property are people trying to rent on Rightmove?

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 Adbaston, here’s what Rightmove data says about social rent and affordable housing

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 5% in Adbaston. And they have an average household income of £40,400.00. 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.

How to examine income data from Rightmove for Adbaston

If you are renting or looking to rent, it is good practice to recognise if in the area you are searching, the people have higher incomes. The average household income in this area is £40,400.00 and this figure on a nationwide level has an average of £34,000. It is important to understand this because you want to be in a location that suits your taste and budget.
Adbaston’s demographics also reveal a population of 6677 individuals and a percentage of people with degrees falling at 34%. Keep this in mind too and compare it to the average percentage of degrees in the UK which is 22.6%. You don’t necessarily want to be around people you aren’t like or have nothing in common with.

A list of properties for Sale in Adbaston on Rightmove

A quick insight into Rightmove property Adbaston

As you delve into the property landscape of Adbaston in the region of West Midlands, 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 4. 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 6% and positive changes generally show there is a growing population no matter if you are talking about a city or a wider region like West Midlands.

Adbaston’s rental yield on Rightmove explained

Adbaston averages at no relevant data for this city for rental yield and this should be looked at in comparison with the average for the UK which tends to fluctuate around 4.4%. Having said this, rental yields can drop as low as 1% in the central areas of London and rise to as high as 9% in areas with high rental demand such as Stoke.
Yield, which is no relevant data for this city in Adbaston, is worked out by dividing the net rental income of a property by the purchase price.

Property investment opportunities presented on Rightmove in the city of Adbaston

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 Adbaston.

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
ST20 1

What is a commons purchase price for property on Rightmove?

Using Rightmove, there is an average sold price of property that is £263,669 in Adbaston. The average sold price provides a benchmark for understanding property values in the area and you may want to look at a more detailed overview of individual types of property below.

Property category Average price of property
Flat no relevant data for this city
Terraced house £187,006
Semi-detached house £183,881
detached house £314,533

The greater the number of sales per month in the area of Adbaston, 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 terms of the number of planning permission applications on Rightmove, what should there be in Adbaston?

82 out of every 100 applications for planning permission in the UK results in a success according to recent data. When it comes to Adbaston, the people who own homes in this area have a rate of planning success of nan. 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 Adbaston. 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 4 that take place each month, this is likely the case a lot of the time.

In the city of Adbaston, regarding Rightmove, what would it look like living in a HMO?

Currently, the number of licensed HMOs stands at nan that come at an average price to rent of no relevant data for this city. You can also see the difference between the price of a standard HMO room and the average price of a HMO room with an ensuite which is no relevant data for this city.
This should give you an indication if it is worth the difference in price to upgrade to a room with a bathroom in Adbaston. Understanding where is best to rent in Adbaston involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.

From Rightmove listings, what is the availability of green space in Adbaston

Green space is highly recommended for everyone’s well-being, but it is often compromised. Urban areas, in particular, tend to have insufficient green space compared to the recommended benchmark of 6 acres per thousand people according to Fields in Trust seen here. In Adbaston, the current data indicates that there are 23.8 acres of green space available per thousand residents. By comparing this figure to the recommended standard of 6, we can assess the adequacy of green space in the area based on Rightmove data.

What are some frequently asked questions?

Discover the mean property value in Adbaston as reported on Rightmove.

At present, within the confines of Adbaston, the mean price for houses listed for sale is £263,669.

Does exploring properties on Rightmove within Adbaston come with any fees you may not be aware of?

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.

According to Rightmove data, how prevalent is crime in Adbaston’s vicinity?

The current crime rate in Adbaston is such that 31 incidents are recorded for every 1000 residents.

According to online listings, what’s the count of property transactions per month in Adbaston?

4 properties are sold in the area every month. A figure you should pay attention to, particularly if you are an investor looking to

What’s the usual price range for a three-bedroom property on Rightmove in Adbaston?

Properties with three bedrooms command an average asking price of no relevant data for this city. This can be juxtaposed with the mean property price of the entire united kingdom which is £286,000. Or, for a more accurate figure, you can compare it to the average price of a three bed property in the UK which is £283,706.

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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