Deciding on the right property to purchase in the UK is a big deal. The decision to rent and where to rent is also a huge decision too. This article goes over the Rightmove data related to Adwick upon Dearne and analyses just how good of an area it is to find somewhere to buy or to rent.
By the end of the article, you should be able to make an informed decision and pick from the list of properties to rent or the 25 number of properties that are sold.
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How much outdoor space is there in Adwick upon Dearne?
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 Adwick upon Dearne, this is 17.6. Compare this figure of 6 which is recommended to have and the data for Adwick upon Dearne to tell how much green space is around.
On Rightmove and in Adwick upon Dearne, how many HMOs are licenced?
The average asking price for a House in Multiple Occupation (HMO) in Adwick upon Dearne is no relevant data for this city. Understanding this information is essential for anyone interested in saving some money on rent because Houses of Multiple Occupancy tend to be cheaper to rent than any other type of property.
By opting for shared living arrangements within a HMO, you can also get an ensuite in your room too. The average price of a room with an ensuite in a HMO in the city of Adwick upon Dearne is no relevant data for this city and there are also 11 in the area in total. This number of licenced HMO properties should be looked at in relation to the fact there are 56,000 properties that are licenced in the whole of the UK so you can see how much this area contains.
In Adwick upon Dearne, what does the property sales data look like based on Rightmove?
A deep dive into rental yield and how this impacts Adwick upon Dearne
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 Adwick upon Dearne 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 Adwick upon Dearne, landlords look for a mix of appreciation and high yields but the gains from capital appreciation aren’t realised until the property is sold.
How Rightmove listings in Adwick upon Dearne help you make an investment
There is a fair amount of insight that you can gather from the city of Adwick upon Dearne 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 £547.
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 | S64 |
2 | no relevant data for this city |
3 | £567 |
4 | no relevant data for this city |
5 | no relevant data for this city |
In the area, using Rightmove data, what are most people selling their property for?
In the area of Adwick upon Dearne in the UK, the average sold price of a property is around £130,187. This is based on the average of all of the types of property listed on Rightmove and other listing platforms. Take a look below to see how this average is made up:
Type of property | Average sold price |
---|---|
detached house | £191,294 |
Semi detached house | £126,824 |
Terraced house | £80,359 |
Flat | £99,322 |
Looking to buy a house? Rightmove offers a diverse selection of properties for sale. Some of these listings are sold to homeowners and some are sold to investors looking to make a return. Check out more data related to properties for sale in other areas by checking out our list of properties that are for sale throughout the UK if you are interested in comparing Adwick upon Dearne to other regions.
On Rightmove, how many planning permission applications are there based in Adwick upon Dearne?
82 out of every 100 applications for planning permission in the UK results in a success according to recent data. When it comes to Adwick upon Dearne, the people who own homes in this area have a rate of planning success of 94%. 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 Adwick upon Dearne. 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 5 that take place each month, this is likely the case a lot of the time.
An overview of Adwick upon Dearne property in Rightmove from an investment perspective
As you delve into the property landscape of Adwick upon Dearne in the region of East 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 25. 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 0.45. Every decade population change should also be considered. This figure stands at 4% and positive changes generally show there is a growing population no matter if you are talking about a city or a wider region like East Midlands.
In Adwick upon Dearne, what property are people trying to rent on Rightmove?
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.
In Adwick upon Dearne, in terms of affordable housing and social rent, what does Rightmove data show?
If you’re considering renting a property instead of buying, affordable options can be limited. According to Rightmove data, 14% of individuals in Adwick upon Dearne 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 £38,733.33. Most people in the Uk earn around £34,000 which is convenient for comparison.
How to examine income data from Rightmove for Adwick upon Dearne
In the city of Adwick upon Dearne, the population is 30807. Out of all of these people, it is worth noting the education level. 14% have a degree (a higher level educational degree). Also, the average household income of the area is £38,733.33. 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.
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