19 properties are sold from Rightmove and other listing platforms every single month in the UK. In this article we plan to go over how to buy one of these properties and also how to rent from the platform of Rightmove too.
Addlestone contains a lot of information so read carefully and start to consider how to make sure you are involved in a beneficial property deal, whether you are buying or renting.
According to Rightmove data from Addlestone, what properties are renting?
In Addlestone, 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 6% in Addlestone. And they have an average household income of £59,347.27. 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.
Sometimes, buying isn’t suitable for everyone. Fortunately, renting is also an option and there is a lot of data that can be gathered from Rightmove for this too.
Analysing the rate of education in Addlestone from Rightmove
In the city of Addlestone, the population stands at 27021 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 £59,347.27. 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.
According to Rightmove data in Addlestone, 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 Addlestone.
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 Addlestone, 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 £711.
How much outdoor space is there in Addlestone?
In Addlestone, the available data reveals that there are 43.0 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.
On Rightmove, how are properties listed for sale?
In Addlestone, analysing Rightmove, what are the number of planning permission applications?
The city of Addlestone, according to Rightmove listings, has a commendable planning success rate of nan and there are around 21 that happen every month. These individuals showcase their ability to change a property and potentially add value through home improvement in Addlestone.
A closer look at rental yield on Rightmove in Addlestone
A serious investor will know what yield is and how to work it out. The formula is true for Addlestone and everywhere else in the UK. Simply calculate net rental yield and the purchase price of the home and then divide the former by the latter. When this calculation is done, for Addlestone the figure is £0.
This £0 as a percentage is essentially the amount of money that a landlord makes from the deal in relation to the amount of money they have invested. Take a look at other calculations too like return on capital invested to get a return that is comparable to a direct “return on investment” calculation such as that of a bank.
A city such as Addlestone 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.
A quick insight into Rightmove property Addlestone
When weighing up an investment property, take into careful consideration the data provided by Rightmove as if you use them the right way, you can really use them to make informed decisions.
By closely examining the monthly property sales volume in the area and looking at this in relation to the number of homes there are (currently 19 properties are sold each month), you can work out the turnover too, which is 1.6 in Addlestone.
Even if these figures appear to be positive, it is still worth looking at other factors like the population difference over ten years which is 12%. Also comparing this data to an area slightly bigger, such as Greater London by visiting our page for this, you can find additional data to help you on your search too.
How to invest in property in Addlestone using Rightmove data
There is a fair amount of insight that you can gather from the city of Addlestone 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, £0 is the average rental yield and the average asking rent is £1,462.
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|
|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|
What is a commons purchase price for property on Rightmove?
Using Rightmove, there is an average sold price of property that is £406,126 in Addlestone. 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|
Frequently asked Questions
In the city of Addlestone, what is the median property price?
The average property price for the UK currently stands at £286,000. In the local area of Addlestone, the average price of a house for sale in the area is £406,126
Does exploring properties on Rightmove within Addlestone come with any fees you may not be aware of?
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 substantial criminal activity in the area around Addlestone as indicated by Rightmove?
In Addlestone, the prevailing crime rate results in 10400% occurrences for every 1000 residents. This contrasts with the nationwide average of 79.52 incidents for every 1000 individuals.
How many monthly property sales does Addlestone witness according to listing platforms?
19 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 Addlestone?
The average cost to rent a property with three bedrooms is no relevant data for this city. This can be weighed against the average property price trends.